Trading Economics is apparently much more than an economics stats aggregator I was looking for a good measure of the Lithium price, as I don’t trust the chart of Li futures available at TradingView (it seems dead in the water). I actually found a useful (and time frame adjustable) Lithium chart and so much more at a website I’ve had linked for years, TradingEconomics. You … Continue reading Live commodity prices and nice charts for reference
We’ve been tracking the Lithium fund (not at all a pure play on Lithium, by the way) all along and put it on radar more acutely along with a couple of premier Lithium stocks back in the holiday abbreviated (read: more fun for me to write) editions of NFTRH. Here’s the weekly chart of LIT (the featured image above is a daily) as it stands … Continue reading A Couple Commodity Outliers Make Moves
We have covered SQM off and on for maybe a couple of years now and small Lithium play LAC for the last year or so. Today let’s take a look at a large Lithium producer that has corrected hard and appears to be setting a short-term low. The prerequisite would be for anyone interested to thoroughly review the supply/demand dynamics for Lithium, which are complicated … Continue reading NFTRH+; A Lithium Producer Bottoms
Oh if it were always that easy. You take your highly profitable stock (LACDF/LAC.TO), look it square in the eye and say “you sir, are being pumped by momos and speed freaks; therefore I must sell you”. No, all too often when I sell a bottle rocket that I think has gone too high it goes significantly higher still before flame out. That’s the way … Continue reading The Lithium Mania 3 Days Later
Look, this very space plotted a ‘best’ target for LIT of 42 back in January in an NFTRH+ update. But much like the hysteria that came to accompany the Semiconductor sector after things had gone way past my targets (ref. NFTRH+; LRCX from June 2016), I am getting a little nonplussed by what is going on in Lithium, even though LIT is not yet to … Continue reading The Lithium Mania (public)
LACDF is sold as I found myself being a bit of a hog here, thinking I was smart. You don’t just not take an 80% profit in an item that is getting bid up by Lithium obsessed momo players and ‘me too!’ fly boyz. At least that’s the rationale I used on myself in order to get up the will to sell. I continue to … Continue reading I Lack DF… and Now, all Lithium Positions
The title is just my attempt to come up with a cute jingle for the symbol LACDF, which is the US symbol for Lithium explorer Lithium Americas Corp. (TSX: LAC). I came upon LACDF over the summer due to the watchful eye of Joe F., an astute subscriber and chart maniac. I then read up on it and found it is a partner of my … Continue reading Lithium Americas Corp. Does Not Lack Da Fortitude
On January 12 we did an NFTRH+ (daily, weekly & monthly) chart highlight on LIT, with an initial target of 33. Upon researching the fund and seeing things like Tesla in its holdings I went for a purer play and traded SQM successfully a few times (currently no position, although I am long a small partner of SQM’s due to its chart, as reviewed in … Continue reading Lithium Fund (LIT) to Target (public post)
Three commodities that have gotten big hype bids over the years include what I call the “outliers”, Uranium, Rate Earth Elements and Lithium. Way back in the day, the self-named original “Uranium bug”… what was his name? Dines, that’s it; the oUb got us all to see the wonders of u3o8 and its miners. He was sort of the George ‘ride the light’ Gilder, from … Continue reading The Commodity “Outliers”: Uranium, REE & Lithium
Lithium is getting pumped pretty good. It was an NFTRH+ highlight in January and my vehicle of choice has been SQM, which was noted yesterday as the only resources/materials stock I hold. No change to that, despite today’s upside. With the number of suspect (being kind to myself) decisions I’ve made lately, I’m not going to out think myself on this one until I can… … Continue reading Lithium and Pot… Smoking
A simple update using daily, weekly and monthly charts of the Lithium fund, for those who’ve done their research on Lithium and its end markets. LIT daily broke consolidation and has risen in 3 waves to an overbought condition. LIT weekly shows a breakout from an Inverted Head & Shoulders bottom a non-overbought condition. So while a short-term reaction could happen, it would likely be … Continue reading NFTRH+; Lithium, Daily, Weekly & Monthly View
A piece at 321gold.com by the man who “was way ahead of my time in forecasting the rebound in Lithium and Graphite” prompted me to look at old friend LIT, the Global X Lithium ETF (despite the man’s bravado I might add). This is not so much a trade as an opportunity for those who have fundamental research in hand on the future of Lithium … Continue reading NFTRH+; Lithium ETF
