Coal Miners March Higher

Global coal miner stocks have more than tripled since March, outperforming the broader market by a wide margin. Van Eck Global’s Market Vectors Coal ETF (KOL) recently topped $34, up from $16 at the beginning of 2009 and $11 at the bottom of the March lows.

PowerShares Brings 5 New ETFs to Market

Invesco PowerShares listed five new ETFs today on Nasdaq. The PowerShares Global Biotech Portfolio (PBTQ) tracks an index of 50 global biotech companies.

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