BTU was downgraded to sell at Goldman Sachs this morning, after hitting a 10 year low earlier this week. GS cited 4 main reasons for the downgrade: We downgrade Peabody Energy (BTU) to Sell from …
Continue readingBTU
The coal sector has been one of the worst-performing areas of the U.S. market over the past 3 years. Here is the ratio of the coal ETF, KOL, vs. the SPY over the past 5 …
Continue reading
The CBOE composite put/call ratio closed above 1 yesterday for the first time since May 15th. Granted, overall volumes were light, but call activity was more subdued than it has been for much of the …
Continue reading
Another low volume day for the market (the S&P 500 index has been in a 45 handle range for the past 2 weeks), and most of the options volume was once again in ETFs. 1. …
Continue readingFor the second straight day, the phone drama dominated U.S. options volume. Coal names also showed a ton of call interest as rotation from year-to-date winners to losers continued: S – Softbank potentially taking a …
Continue reading