Elon Musks New $1 Quadrillion Opportunity

Coal is the most hated of all the fossil fuels... For starters, it can cause terrible harm to the folks who mine it. A disease is even named for those folks – coal workers' pneumoconiosis, which is commonly known as "black lung."

Coal Prices Are in a Dangerous Spot By Pete Carmasino, chief market strategist, Chaikin Analytics Coal is the most hated of all the fossil fuels... For starters, it can cause terrible harm to the folks who mine it. A disease is even named for those folks – coal workers' pneumoconiosis, which is commonly known as "black lung." And not surprisingly, it's a top target for environmentalists as well. The crusade against coal has been largely effective, too. We're nearing the point in the U.S. at which coal is becoming scarce... Coal capacity in our country has steadily declined from its 2011 peak. These days, only 23% of our electricity comes from coal. It's expensive to mine and unpopular to burn. So as a result, hundreds of coal plants have closed over the past several years. But recently, a rare anomaly has developed...  In short, coal is more expensive than oil right now. And as I'll explain in today's essay, that means something has gone seriously wrong in the energy market... Recommended Links: NEW: Green Energy's Dirty Little Secret The political elite have decided to prematurely push a green agenda at ALL costs. They've abandoned a critical sector that we now need more desperately than ever. But if you act now, you could position yourself for hundreds-of-percent gains as the world wakes up to what's really happening. Get the details here. Huge Recession Loophole (See These Charts) Amid today's market turmoil, THIS is one of the biggest and most bullish opportunities today: A red-hot sector with almost unlimited pricing power and a history of outperforming in recessions. It's also the sector where our good friend Dr. David Eifrig spent half his professional life. Meaning he's extremely qualified to spot world-class opportunities today. Take a look at the evidence here. We can compare the prices of oil and coal using a little bit of math... According to the U.S. Energy Information Administration, one barrel of oil produces roughly 5.7 million British thermal units ("Btu"). Meanwhile, one ton of coal produces about 19 million Btu. And coal currently trades at roughly $350 per ton. We'll spare you the full breakdown. Here's what you need to know... When you compare the two commodities' prices in terms of energy per unit, it works out to around $105 per barrel. But in reality, oil is trading at around $87 per barrel today. In other words, you would need to buy $105 worth of coal to get the same energy output as one barrel of oil – which only costs about $87 today. That's a 21% discount. Like many things in the markets these days, the problem is Russia... Russia supplied 70% of the coal consumed in Europe. But with the current sanctions against Russia, European countries need to go elsewhere to meet all their energy needs. According to shipbroker Braemar, European countries took in 7.9 million metric tons of thermal coal in June. That's more than double the amount from June 2021. The coal supplies are coming from the U.S., Colombia, and Australia. But the problem is... Europe still needs something else to meet its energy woes – and fast. For example, Germany is concerned that its energy storage won't be at a proper level this winter. And in Italy, industry groups believe up to 120,000 companies could close over the next nine months because of the ongoing energy woes. All these issues cause scarcity. And scarcity leads to higher prices. In this time of dire need, coal is a serious alternative energy source for Europe. That's why its prices are surging. And that's why it's now more expensive than oil right now. But ultimately, coal isn't the preferred fuel. It won't be in demand forever in Europe. So my point is simple... All types of energy are prone to wild swings at any mentions of new supply. And that's going to be especially true for coal in the coming months... So if you see news about coal mines starting up, that's your cue to avoid these stocks. Good investing, Pete Carmasino Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral     Bearish Dow 30 -1.04% 1 22 7 S&P 500 -1.05% 67 301 129 Nasdaq -1.41% 10 60 30 Small Caps -0.76% 310 1066 473 Bonds +0.57% Energy +1.91% 6 14 0 — According to the Chaikin Power Bar, Large Cap stocks are more Bearish than Small Cap stocks. Major indexes are mixed. *  *  *  * Top Movers Gainers CF +4.34% HES +3.83% MOS +3.78% HAL +3.70% SLB +3.31% Losers DISH -4.49% GNRC -4.13% ZBRA -3.92% J -3.69% EQIX -3.39% *  *  *  * Earnings Report Reporting Today Rating Before Open After Close COUP, GWRE, PATH No earnings reporting today. Earnings Surprises No significant Earnings Surprises in the Russell 3000. *  *  *  * Sector Tracker Sector movement over the last 5 days Utilities -1.47% Health Care -1.81% Financial -2.31% Communication -2.39% Staples -2.44% Discretionary -2.62% Energy -3.40% Industrials -3.52% Real Estate -3.96% Materials -4.89% Information Technology -5.03% *  *  *  * Industry Focus Pharmaceuticals Services 9 29 3 Over the past 6 months, the Pharmaceuticals subsector (XPH) has outperformed the S&P 500 by +5.01%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #4 of 21 subsectors. Top Stocks SUPN Supernus Pharmaceuti CORT Corcept Therapeutics RVNC Revance Therapeutics *  *  *  * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here. You're receiving this e-mail at diansastroxz.forex@blogger.com. 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