Stealth Bull Markets have Excellent Camouflage

Discussion in 'Stocks & Derivatives' started by finicky, Jul 2, 2018.

  1. finicky

    finicky Well-Known Member Silver Stacker

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    These things always get started about two years before I cotton on.
    Coal. Who would've thought of buying a coal mining company - especially thermal coal - a few years ago?
    Respect to those who have ethical objections to mining coal.
    Today you'd have a ten bagger if you'd been contrarian enough to dip into the once darling Whitehaven Coal (WHC) and you would've done well if you'd bought into New Hope Corp (NHC)
    But to have bought you would have had to keep an eye on the ball through 5 years of a devastating bear market and been impermeable to the view that coal is finished as a fuel.

    WHC Qtrly - each bar 3 mths
    big (12).gif

    NHC Qrtly
    big (13).gif
     
    wrcmad likes this.

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