Arch Coal's Earnings Signal a Silent Bull Market

Funny, just 2 weeks ago Arch Coal (ACI) reiterated guidance but it was taken as a "warning" by the skittish herd on Wall Street [Apr 7: Arch Coal "Warns"];
the stock dropped to $47 where I added to my stake (some of which I
sold the next day up $4).<!--more--> Now the stock is in the $62s after a strong earnings report. I continue to be a huge bull on this space which I outlined last fall as the forgotten commodity [Sept 13: Crude at $80? What to Buy]

If you are new to coal, a series of posts here [Dec 6: Coal Stocks Quietly in a Bull Market]
- while this group will be subject to a selloff when the masses hit
commodity stocks sooner or later, this remains one of my long term bull
themes. Aside from the world's energy needs, this was one of my "weak
dollar" plays before "weak dollar" plays became sexy. I continue to
believe we are in the early innings of a multi-year move in this
sector, and just like the fertilizers a year ago, analysts expectations
for future years are way off base.