Energy

Arch Coal's stock has nearly tripled this month, and volume has surged.
And this is still a generational opportunity.
It's all about the Saudis, not us.
If you're fishing for a bottom in crude, good luck.
Many of these companies have superior assets. 
They will serve you better than old-world energy.
And traders should take a look at the Canadian dollar, too.
That might trigger some buying, but the long-term trend is still bearish.
Demand is good, but we're pumping far more than I thought.
If you're looking for a bottom, there has yet to be panic or a long period of sideways action.

Columnist Conversations

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