ANR, BTU - coal miners resume the slide

Whilst the main market only saw moderate weakness, the coal sector was under renewed severe downward pressure. Alpha Natural Resources (ANR), and Peabody Energy (BTU) settled lower by -7.8% and -4.9% respectively.


ANR, daily

BTU, daily

Summary

Little to add from the previous posts across the last two years.

Coal miners look set for continued weakness.

The smaller companies, ANR, ACI, and WLT all look in serious trouble, and frankly, I'll be surprised if those tickers are still active given another year or two.
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BTU, along with Consol (CNX)... are far more stable, and should (at least in theory) be able to survive across the longer term.