BK1044 Coal

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  • 2084.734
  • +10.046+0.48%
Trading Jun 20 14:23 CST
2114.808High2076.653Low
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    $Coal(LIST1044.HK)$ sector showing relative strength, few stocks showing ☕️ bo this morning
    It's hard to predict the market after its recent roller coaster ride.
    On Wednesday, May 4, the US stock market surged as investors looked at the expected and more pronounced interest rate policy, and those gains were erased by hawkish voices from some Fed officials late Thursday, May 5.
    Is the bear market near its bottom?
    Some investors got caught up in dumping all their holdings, while others stuck to their dip-buying strategy. Being a risk-taker or risk-ave...
    How to find value in a bear market
    1
    $McDonald's(MCD.US)$ $Coal(LIST1044.HK)$ The world continues to see supply chain crunches across industries. In the US, the next constraint appears to be happening in the food industry as grocery stores and restaurants are struggling to meet demand. In China, the government is exploring ways to get involved in the coal market and possibly control prices since it's impacting economic growth
    $Evolve Bitcoin ETF(EBIT.CA)$ $BIT Mining(BTCM.US)$ Bitcoin touched above $64k after the first Bitcoin ETF listed yesterday which allows investors to get crypto exposure, without going through a crypto exchange. This ETF started off as the 2nd most traded fund on record. Note: Bitcoin is reaching its all-time-high price of $64.8k
    $Coal(LIST1044.HK)$ China is adding coal capacity and it's 60% of their power generation. Largest consumer and producer.
    According to the Center for Research on Energy and Clean Air, last year China built 3x as much new coal power capacity as all other countries in the world combined.
    Coal consumption and production in the US is decreasing. Coal is phasing out and will take time and it is mostly regional. In West Virginia, coal provided 88% of total generation in 2020, down from 97% in 2010. The average for the US is 20%.

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