Some folks were skeptical, but he shut everyone up when he released a complete list of all trades generated by the system - going back all the way to 2016!
There’s growing speculation lithium prices are finally bottoming out.
Sociedad y Quimica CEO Ricardo Ramos expects for lithium prices to remain stable this year, and for sales volumes to improve.
Pilbara even said it’s seeing buying interest again, too. “All our customers, for avoidance of doubt, are taking their product and, in some cases, asking for more,” said Pilbara Minerals’ Managing Director Dale Henderson, as noted by Bloomberg.
In addition, according to Statista, by 2030, global demand for lithium is expected to pass 2.4 metric tons, which doubles the demand forecast for 2025. By 2035, they added, demand could reach 3.8 million tons. Then, by 2040, lithium demand could increase 40 times over with expectations for increased EV adoption and energy storage needs.
All are strong catalysts for lithium stocks such as:
Albemarle (ALB)
Since topping out around $320 in late 2022, Albemarle (ALB) plunged. And while it’s been an ugly pullback, it’s safe to say most of the negativity – including news of a $2 billion capital raise – have been priced into the stock. Better, ALB is just starting to pivot higher, and as we wait for it to recover lost ground, we can collect its dividend.
ALB declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60, is payable April 1, 2024, to shareholders of record at the close of business as of March 15, 2024.
For many newcomers, their first type of trading is paper trading. This is where you trade the market as if it were real, except that orders are not actually entered, so you won’t experience actual loses or gains. This really is a good way for someone to learn some of the basics of trading without facing large loss due to inexperience. Using a charting service or getting the information from the internet, the new trader can track a commodity and plan his strategy for trading. There are websites that offer trading contests with artificial accounts. This is where you can test a trend following system, a break out system, or a counter-trend program on as many commodities as you wish, since you are not limited by your margin requirement. While you could paper trade numerous commodities at one time, I do not believe that there are many traders out there that can effectively trade more than a handful of markets at once. Find a market(s) you understand and stick with it.
To truly make paper trading work, you must be honest with yourself. Without the benefit of hindsight you must enter and exit your trades. Paper trading does not give you the very real problem of “slippage” which can and will occur in virtually any market.
PLEASE READ: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC’s website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. You should always consult with your own professional advisers regarding equities and options on equities trading.
1) The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the “Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by TradeWins Publishing (“TradeWins”) a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. The Services are intended to supplement your own research and analysis.
2) TradeWins’ Services are not a solicitation or offer to buy or sell any financial products, and the Services are not intended to provide money management advice or services.
3) Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, TradeWins does not make any guarantee or other promise as to any results that may be obtained from using the Services. No person subscribing for the Services (“Subscriber”) should make any investment decision without first consulting his or her own personal financial adviser, broker or consultant. TradeWins disclaims any and all liability in the event anything contained in the Services proves to be inaccurate, incomplete or unreliable, or results in any investment or other loss by a Subscriber.
4) You should trade or invest only “risk capital” – money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more.
5) All investments carry risk and all trading decisions made by a person remain the responsibility of that person. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Subscribers should fully understand all risks associated with any kind of trading or investing before engaging in such activities.
6) Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Simulated trading services in general are also designed with the benefit of hindsight, which may not be relevant to actual trading. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. TradeWins makes no representations or warranties that any account will or is likely to achieve profits similar to those shown.
7) No representation is being made that you will achieve profits or the same results as any person providing testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have experienced losses.
8) The author experiences are not typical. The author is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position and other factors. Certain Subscribers may modify the author methods, or modify or ignore the rules or risk parameters, and any such actions are taken entirely at the Subscriber’s own election and for the Subscriber’s own risk.
If you wish to stop receiving our emails or change your subscription options, please Manage Your Subscription TradeWins Publishing, 528 North Country Rd., St. James, NY 11780
0 Response to "Three of the Most Oversold Lithium Stocks Set to Rebound"
Post a Comment