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Professional Day Trader, John Carter, Makes Bold Prediction for Coal on CNBC’s Mad Money Show


AUSTIN, TX-, John Carter, professional day trader and author of ’Mastering the Trade’, provided insights on the market for coal on CNBC’s Mad Money Show with Jim Cramer. Jim Cramer acknowledged and supported Carter’s claims for an upcoming rise in coal.

Referring to Mr. Carter as a ‘brilliant technician’, Cramer believes his advice to buy coal based on wave indicators who resemble the Elliot Wave Theory is ‘very likely’ based on the indicators and strong fundamentals.

According to John Carter, president of, “I am optimistic about coal as it has been trading in a tight range and after a recent pullback, providing the potential for a great entry point. Since the wave indicators are pointing higher, increased volatility will lead to a potential upside explosion or ‘fire off’.”

Trade the Markets offers full service online day trading advice in addition to their daily video newsletter. Their services include a paid monthly membership, live day trading room, webinar series, discussion forum, and comprehensive downloadable library filled with forms, tools and resources. John Carter is joined by a talented team of like minded professional day traders including Hubert Senters and Rob Hoffman who each contribute to daily and nightly advice so traders can watch over their shoulders and observe real trades in action.

About Trade the Markets: is a membership based website dedicated to teaching others how to day trade the markets. Run by professional day traders, John Carter and Hubert Senters, they bring cutting edge trading software, indicators and trading strategies to give students an edge through nightly videos. They cover everything from day trading stock index futures, swing trading, commodities and currencies as well as individual stocks and equity options trading. To learn more about day trading the markets, visit


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