Heading back to NYC today/ Keep in mind that during times of stress, soft data tends to be more exaggerated than actual hard data. News coverage of the economy has been negative. Here’s FT’s Robin Wigglesworth on a recent study of the news: "After scouring 1bn newspaper articles over 170 years (ca 95 times larger than the total number of English-language Wikipedia entries combined) some researchers have found a remarkable 50 year collapse in economic sentiment."
Chinese EV maker BYD has held talks with Sigma Lithium - report This would be a brilliant move Sigma is in Brazil and the US can't stop it-- Company Profile Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds a 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 29 mineral rights covering an area of approximately 185 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil. It serves electric vehicle industries worldwide. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. The company is headquartered in São Paulo, Brazil.
Guys this is our largest POT holding. And it may be breaking out finally. There is news about rescheduling herb. I wish i was in at $7.00 but I'm not/ $9.70-$11 GTBIF Green Thumb Industries Inc.- Thank You stoney! $12.55 +1.20(+10.57%)4:00 PM 01/12/24 OTCQX |$USD
Tomorrow's Gummy Today MLK day! SGML Sigma Lithium Corporation $26.200.13(+0.50%)4:00 PM 01/12/24 NASDAQ |$USD |Post-Market:$26.57+0.37(+1.41%)7:01 PM
STOCK OF THE WEEK- OLED Universal Display Corporation $177.620.40(+0.23%)3:59 PM 01/12/24 NASDAQ |$USD |Post-Market:$177.625:37 PM
This was my runner up for stock of the week- XPO Digging the chart/ XPO XPO, Inc. $86.461.46(+1.72%)4:00 PM 01/12/24 NYSE |$USD |Post-Market:$86.95+0.49(+0.57%)7:18 PM
PS: Keep monitoring TRIP. I want to hear how they are going to offer AI but people tell me the travel space will get a large dose of AI/ Of course they are not supplying the AI but they should benefit. TRIP is an IRA play/ timing is iffy.....*********
Stoney!!!! This constant back and forward between a high dollar brownstone and a country house in CT... I'm a little disappointed. Lets put our money where our mouth is. As you have pointed out numerous times, you are pushing personal portfolios in excess of a million plus. Now VZ is a dyed in the wool internal combustion type, but as a friend, and the top stock picker at GBA hands down, I really think you should either cease these weekly sojourns, or pony up a tiny chunk of those millions and buy an EV. You are destroying Mother Earth in your own teeny tiny way Stoney. Are you really that selfish? The readers demand more... we want our GBA leader to put his money where his mouth is. Hyundai is giving incredible deals right now on its entire EV line. Don't be a NYC pretender.... of which there are a trillion... we want a pic of you with your new, 100% green and clean, Hyundai IonIQ. The emails are loud and clear... "Dear Van (you best in the world stock picking stud that you are).... is Stoney all talk, or does he really practice what he preaches?" Of course I defended you, but you need to go all electric pronto or else we're gonna lose our Gen Z viewers.