When I say “energy sector”, what do you think of?




In this difficult time in the market, there is one energy sector that doesn’t get enough play – and it is one of the strongest out there.

That’s right: coal, baby!

You may not want it in your stocking at the holidays, but right now, coal might just be what you want in your portfolio.

I spotted a great coal play that I feel is the top trading idea of the week.

I am going to go with ugly-duckling BTU this week as my top idea.  

This beaten up coal miner was virtually left for dead just after the election in 2020, when it traded for under $1.

Fast-forward a year and a half later, and it has been one of the best investments on the planet as it now trades around $26.  

How many other assets have you seen rally 2500% in that time frame?

Right now, it looks amazing to me based on technical levels and I think it could break out to new highs for the year very soon.

There are no weekly contracts on this stock, so I am going over one-month out on the time horizon.  

I could be in this trade for several weeks if my levels aren’t hit.

If this trade goes against me, I will stop out under the recent support of $23.

If it works to the upside, I think we could see BTU trade near $30 as the first target and then just under $35 as my second target price.  

This is a highly volatile stock so keep a close eye on it!

My Trade Details:

  • BTU Jul 15 2022 28 Call near $1
  • Stop under $23
  • Target $30
  • Target $35

I go over these once-a-week plays LIVE every week as part of Bullseye Trades. Click HERE to learn how to be a part of these weekly reveals!

Jeff Bishop

One of the best traders anywhere, over the past 20 years Jeff’s made multi-millions trading stocks, ETFs, and options. He is renowned as an incredible trader with a deep insight and a sensitive pulse on the markets and the economy. Jeff Bishop is CEO and Co-Founder of RagingBull.com.

Even greater than his prowess as a trader is his skill and passion in teaching others how to trade and rake in profits while managing risk.

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