uploaded image

The future of coal, the future of the future and British rock

By:James Melton

A weekly look inside Luckbox magazine

Coal might have nowhere to go but up

Coal futures are down about 70% since peaking in September 2022. But much like crude oil, coal prices are extremely sensitive to prevailing conditions in the underlying economy.

The key to an upswing in coal prices could be China and India, two big economies heavily reliant on coal to generate electricity. If those economies—and the overall world economy—grow faster than expected in 2024, coal prices could start to rise significantly as demand for it grows.

Crude oil prices might be an indicator here. After bottoming in mid-December, crude oil prices have rallied by about 15% during the last eight weeks, climbing to a recent high of about $78 per barrel. And that bullishness might indicate increased optimism in the 2024 global economy. More economic activity would mean more demand for electricity, which would increase the demand for coal to run power plants.

Read the whole story.

A Superforecaster has his say

In the Winter print edition, Good Judgment Inc. CEO Warren Hatch—who leads a cabal of Superforecasters whose mission is to provide accurate forecasts and forecasting training to business and government—offers a Luckbox readers glimpse of the future.

Hatch also shares tips on making better predictions and explains why artificial intelligence (AI) is already offering early benefits to forecasters. AI, he says, is particularly useful in synthesizing vast amounts of information far more quickly than a human could do it.

"Humans and machines working together has been our model since inception, and we look forward to exciting advances in the year ahead and beyond," Hatch told Luckbox. Read the whole story.

A nuanced fifth album from IDLES

IDLES by Tom Ham

British rock band IDLES returns with its fifth studio album, TANGK, slated for release on Friday.

TANGK is about overcoming grief and holding onto the love that’s in reach—even seeking to bring in more. The album is covered in gratitude, and it’s the perfect culmination of frontman Joe Talbot’s enthusiasm, targeting lyricism and guitarist Mark Bowen's fascination with production.Hands down the best song on the album is Grace. It's weirdly reminiscent of U2’S With or Without You, in the best way possible. Read the whole story and music videos from IDLES.

Read the latest edition of Luckbox magazine here.

Not receiving Luckbox? Subscribe for free at getluckbox.com.

James Melton is managing editor of Luckbox magazine. @JDMeltonWriter

For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.

Trade with a better broker, open a tastytrade account today. tastylive, Inc. and tastytrade, Inc. are separate but affiliated companies.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Related Posts

tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastylive is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.  Options, futures, and futures options are not suitable for all investors.  Prior to trading securities, options, futures, or futures options, please read the applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange-Traded Options Risk Disclosure found on tastytrade.com/disclosures.

tastytrade, Inc. ("tastytrade”) is a registered broker-dealer and member of FINRA, NFA, and SIPC. tastytrade was previously known as tastyworks, Inc. (“tastyworks”). tastytrade offers self-directed brokerage accounts to its customers. tastytrade does not give financial or trading advice, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastytrade’s systems, services or products. tastytrade is a wholly-owned subsidiary of tastylive, Inc.

tastytrade has entered into a Marketing Agreement with tastylive (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade. tastytrade and Marketing Agent are separate entities with their own products and services. tastylive is the parent company of tastytrade.

tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. Neither tastylive nor any of its affiliates are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

© copyright 2013 - 2024 tastylive, Inc. All Rights Reserved.  Applicable portions of the Terms of Use on tastylive.com apply.  Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastylive’s podcasts as necessary to view for personal use. tastylive was previously known as tastytrade, Inc. tastylive is a trademark/servicemark owned by tastylive, Inc.