Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[Madison]

LAC investors

Lithium Americas

[Slurry Pumper]

Lithium Americas

Well, a project like this is totally needed for the North American lithium market. I am skeptical however that the environmentalist will be OK with this. It looks like they have some money behind the project, but not a thing I would be looking to invest in until the facility is built. Knowing what goes on at the "Lithium" plant, I see cost over runs and delays in the future unless they get political backing to cut through mountains of red tape.

[Madison]

Well, a project like this is totally needed for the North American lithium market. I am skeptical however that the environmentalist will be OK with this. It looks like they have some money behind the project, but not a thing I would be looking to invest in until the facility is built. Knowing what goes on at the "Lithium" plant, I see cost over runs and delays in the future unless they get political backing to cut through mountains of red tape.

From my viewpoint and apparently GM's there's something. Certainly speculative with no earnings expected until 26 or maybe more, but I guess this is how you can bag 10x ers. Price right.

Thanks for your time and thoughts.

[Slurry Pumper]

From my viewpoint and apparently GM's there's something. Certainly speculative with no earnings expected until 26 or maybe more, but I guess this is how you can bag 10x ers. Price right.

Thanks for your time and thoughts.

I agree with your thoughts on the return if they have the power to push this through. I just think that when it comes down to it. There is going to be some pushback that will be a hinderance with probable delays. If it happens however, no doubt it would be good returns. Hell, there are other projects that are worse you could be backing, so if you've done your homework and it checks out, it could be a start of much needed mining project for the US.

[Madison]

I'm certainly no genius but LAC up 20% today.

[homie1975]

melt up
don't fight the tape

[Madison]

melt up
don't fight the tape

It's FLA in August. LOL

[Slurry Pumper]

Yep, we're going to keep going up until we don't. Then we'll reassess directions then

[Slurry Pumper]

Well, I went through all my charts as I do every weekend, and my tin foil hat is picking up a signal that may say bad things are ahead. I'm not sure what it is yet, maybe it is just a rerun of Hogan's Heroes, but then again, the charts are showing divergences all over the place with the VIX, SPY, QQQ, and Dow transports. Things still look bullish right now, but I will be looking for the QQQ to make a gap fill on the daily chart, and then I predict there is some pullback action coming, and probably a decent pullback.

Well, I stated that the QQQs would fill the gap and then we would have a pullback. That did indeed happen, but it only lasted 1 day before all the markets rebounded and pushed higher. This wasn't the pullback I was looking for. Things still look bullish for now although I'm hot on the sell trigger if a turn comes. Until a sign or signal comes in with actionable behavior, its full steam ahead. I still expect a turn to come but who knows when and how deep it will be. There are several warning signs that it's bound to take a pause at some point soon enough and I would be surprised if it didn't happen before the election.

[homie1975]

if polls tighten up and it looks like the election result will be seriously contended either way in a few of the swing states, i am going to peel off gains in several positions before election day 11/05.

markets do not like uncertainty.

they are okay if one side wins vs the other, just backtest it through history.

but if it is a closely contested race because one or more swing states that decide the 270 vote winner are <10,000 votes, the markets could freak out while it gets dragged out court.

this did not happen in 2020 because the contested states (AZ and GA) would not have made a difference in the electoral college because the election winner received 306 votes and the combined total votes in AZ/GA was 27.

306 less 27 = 279 votes so the winner would have remained the winner.

here in 2024 we have a different ballgame going on.

[Madison]

i am going to peel off gains in several positions before election day 11/05.


Oh my ... Now I'm really worried. LOL

[homie1975]

i am going to peel off gains in several positions before election day 11/05.


Oh my ... Now I'm really worried. LOL

i changed my ways a few years ago.
i now sell laggards when i deem necessary and i harvest the tax losses.

i also peel off gains on parabolic increases (smci is an example i took profit on but kept a base position)

[Madison]

Anyone watching the 10yr vs the Fed's .50 cut?? Circa 3.65 to 4.15 this morning. Bastards, called my 5.75 CD's when 10 was at 3.65. May have still had them if they knew then what we see now.

I can't ever remember the 10 moving in the pace it has been the last year or so.

[gauchojake]

The polls are pretty tight bro

[Madison]

i changed my ways a few years ago.
i now sell laggards when i deem necessary and i harvest the tax losses.

i also peel off gains on parabolic increases (smci is an example i took profit on but kept a base position)

Still interested in SMCI and looking for entry point. Your thoughts are appreciated.

Look at Uranium. I've been talking (in here) for some SMR's are the future. Now that all of a sudden Micrsoft and Amazon jump in it's in the spotlight everywhere. CCJ is the miner.

Also been in IONQ (Quantum) for years again in here. Racing higher of late.

Both long term speculative, but great one's to take a small position and put away for the kids.

[homie1975]

Still interested in SMCI and looking for entry point. Your thoughts are appreciated.

Look at Uranium. I've been talking (in here) for some SMR's are the future. Now that all of a sudden Micrsoft and Amazon jump in it's in the spotlight everywhere. CCJ is the miner.

Also been in IONQ (Quantum) for years again in here. Racing higher of late.

Both long term speculative, but great one's to take a small position and put away for the kids.

simple.
get in ANY stock you like right now. you CANNOT time it. no matter what people think. they will get one timing right and 9 wrong.

if if if you believe in SMCI (do your HW) then get in right now.

[homie1975]

The polls are pretty tight bro

i am watching closely every day and trying to gauge where the truth lies between the polls and the betting markets.

polymarkets gets moved by offshore whales so that may be a manipulation game by connected people trying to influence blue voters to stay home thinking they have no chance

red team did this in the midterms 2022 in the lead up to election day but it backfired.

my target date to make a move is 10/30 or 10/31 right now.

i highly doubt i let it get to Monday 11/04 the eve of the election.

[Slurry Pumper]

After a couple of down days the SPY rebounds today right upto a trendline that is in play at $579. Sure it closed pretty much right on it so we will not know if price is revisiting the scene of the crime before tumbling, or if it has regained the bulls for another run in a rising wedge that is pretty narrow at this point.

[Slurry Pumper]

Yesterday the SPY fell out of bed and ended right at a good line of support which also happens to be the 50 DMA. Today will tell allot if the close from yesterday doesn't hold, we have $560 then it a pretty good drop to around potentially $540. If the markets bounce here it is just a test of a former breakout area and it can be headed back to the $585 area and new highs right after the election.

[Madison]

Well, a project like this is totally needed for the North American lithium market. I am skeptical however that the environmentalist will be OK with this. It looks like they have some money behind the project, but not a thing I would be looking to invest in until the facility is built. Knowing what goes on at the "Lithium" plant, I see cost over runs and delays in the future unless they get political backing to cut through mountains of red tape.

Almost a 2x in 2 weeks.

[Madison]

Looks like RIP to this thread??

[ChuckyTheGoat]

Looks like RIP to this thread??

Mad, it's a great thread. Right now, I think Bitcoin is the word.

I would like opinions on traditional Index funds. Do people still like SPY?

[ChuckyTheGoat]

Also, what do people make of the Silver price drop? Silver being rejected?

[Poker_Beast]

Looks like RIP to this thread??

Been checking regularly too….

[ex50warrior]

i am watching closely every day and trying to gauge where the truth lies between the polls and the betting markets.

polymarkets gets moved by offshore whales so that may be a manipulation game by connected people trying to influence blue voters to stay home thinking they have no chance

red team did this in the midterms 2022 in the lead up to election day but it backfired.

my target date to make a move is 10/30 or 10/31 right now.

i highly doubt i let it get to Monday 11/04 the eve of the election.

Guess the betting markets had it right this time.

[ChuckyTheGoat]

Looks like RIP to this thread??

Mad, any forecast for Lithium going forward?

I've been buying Lithium/Copper stocks when I find a price I like.

[Slurry Pumper]

Also, what do people make of the Silver price drop? Silver being rejected?

Well both gold and silver took a dump here when the Trumpster was re-elected. I think Silver is also showing its headwinds of the solar trade. The feeling is that the US will be on the drill baby drill theme and thus push oil prices as low as we can get them. Fear not as I don't think it matters much who is in office, the US is and will be in a recession here eventually. I'm shocked the powers that be where able to hold it off until after the election. Even if the recession is somehow avoided, I see inflation coming back at some point and with silver pulling back a little bit. I think there may be some more pullback to go but then things are reset for the continued move up.

[Slurry Pumper]

Mad, any forecast for Lithium going forward?

I've been buying Lithium/Copper stocks when I find a price I like.

I've been disappointed with my mining plays lately. It seems like the miners have been dragged along kicking and screaming the whole way here this year in general and I got to think that will change here eventually. Copper is a good metal to determine when things are bad so I would expect that to be down to flat for a while. Lithium will probably go through a little bit of a swoon here as the oil drill ramps up, but eventually if the regulation is lifted and we actually start making the stuff here in the good ole USA, then I think stateside producers may take off big time, just ask Madison about his lithium play here. It is legit if they get it made and if they get it made it will be magical.

[ChuckyTheGoat]

OK. Thx for the reply, Slurry. I definitely believe in metals over the Long-term.

[Madison]

Mad, any forecast for Lithium going forward?

I've been buying Lithium/Copper stocks when I find a price I like.

I've been trading SQM circa (36-48) and ALB circa (80-100).

Holding tight with LAC and a few others for the long term.

Anybody truly understand what Trump/Tariffs/Musk/China will do to the EV market? Heard a lot of incentives may disappear. ???

[ChuckyTheGoat]

I've been trading SQM circa (36-48) and ALB circa (80-100).

Holding tight with LAC and a few others for the long term.

Anybody truly understand what Trump/Tariffs/Musk/China will do to the EV market? Heard a lot of incentives may disappear. ???

Salud, Mad. Thx again to all the opinions expressed on here.

[ChuckyTheGoat]

Got one for people to scout out. MSTU. Please review and post any opinions.

It's an MSTR leveraged ETF. Very risky. But the early returns have been fantastic.

SBR posters should know that I'm a Bitcoin bull. I will be giving MSTU a long look on Monday. I'm 100% ok with the increased volatility.

[Madison]

Some chatter around Palladium (PALL)?

[Madison]

OUCH

MSTR MicroStrategy

Jeanine Montgomery CAO

Sell

56,250 shares @ $257.41

$14,479,312.50

11/6/2024

$325.25

[homie1975]

Looks like RIP to this thread??

not as long as i am alive.