Look at it this way if the market had interpreted The Fed as dovish yesterday and we had rallied the same amount we fell.. then we would get blasted today big time. It is perhaps better this way. There is an old wall st adage That The Real Direction is found the 2nd day after a Fed comment. This goes way back. Unfortunately the two day speech set up at congress probably skewers that. I am not a bond guy. I don't follow the " inversion " I have the HF pay attention to all that stuff... all I can say is whatever losses they are incurring in the bond market they will get back in short order if the CPI comes in light. And More importantly the next jobs number. How do I know it will be a better number-? I don't // I make an assumption based off what I feel about the last number-- it was unusually high. I just bet there was alot of seasonal adjustments embedded in that last jobs number. CPI is clearer-- That should be a very good number for us Bulls. LADIES & GENTLEMAN WELCOME TO THE 2ND ANNUAL GBA LITHIUM DAY-!!! Tesla comments 'very bullish' for lithium industry, says Citi 06:30 ALB, TSLA, SQM, LTHM, LICY
Li-Cycle gains after the company hosts political leaders Mar. 08, 2023 6:30 AM ET Li-Cycle Holdings Corp. (LICY) $5.74-0.19(-3.20%)11:00 AM 03/07/23 NYSE |$USD |Pre-Market:$5.81+0.07(+1.22%)1:27 AM
Albemarle price target raised to $325 from $315 at BMO Capital 02/17 ALB BMO Capital analyst Joel Jackson raised the firm's price target on Albemarle to $325 from $315 and keeps an Outperform rating on the shares. The company's Q4 update was "relatively uneventful" and "immaterial" as all guidance numbers from the late January investor event were reiterated, the analyst tells investors in a research note. The firm adds however that even if lithium prices normalize, there's sufficient upside in the stock as Albemarle is well-positioned to benefit from sizable mid-term lithium/EV demand growth. Albemarle price target raised to $330 from $310 at Piper Sandler 02/21 ALB Piper Sandler raised the firm's price target on Albemarle to $330 from $310 and keeps an Overweight rating on the shares. The analyst says the company's "robust' cash flow will cover its "aggressive" investments. Piper says that while it would normally be very concerned about this kind of capex expansion, it expects Albemarle's profitability will remain robust. ALB Albemarle Corporation $248.90-7.99(-3.11%)11:00 AM 03/07/23 NYSE |$USD |Pre-Market:$250.87+1.97(+0.79%)1:34 AM
Livent price target raised to $30 from $27 at Mizuho 02/16 LTHM Mizuho analyst Christopher Parkinson raised the firm's price target on Livent to $30 from $27 and keeps a Neutral rating on the shares. Despite rising expectations, the company's 2023 EBITDA guide delivered, the analyst tells investors in a research note. The firm still believes the bar is high for lithium companies. Livent sees FY23 revenue $1.00B-$1.10B, consensus $1.12B 02/14 LTHM Sees FY23 adjusted EBITDA $510M-$580M . Livent expects a meaningful improvement in 2023 financial performance following record 2022 results. This guidance is based on 20% higher total volumes sold on an LCE basis versus 2022. Additionally, the company expects to achieve higher average realized pricing across its portfolio of lithium products, partially offset by higher anticipated costs.
Leo Lithium initiated with an Outperform at Macquarie 06:00 LLLAF Atlantic Lithium initiated with an Outperform at Macquarie 05:59 ALLIF Piedmont Lithium initiated with an Outperform at Macquarie 05:58 PLL !!!!! <<<<<<<<<<<<<<< >>>>>>>>>>>>>>>>>>>. BYD planning big commercial-vehicle push, WSJ reports 06:27 BYDDF Bowlero initiated with a Buy at Canaccord 06:19 BOWL JPMorgan sees 50% upside in Scorpio Tankers, starts at Overweight 06:58 STNG
JPMorgan says 'spooked' Powell opened door to 50 point hike 13:21 $ECON, SPX, SPY JPMorgan's Chief U.S. Economist Michael Feroli says the strength of the January economic data "seems to have spooked" Federal Reserve Chair Jerome Powell. The plan prior to that data was to hike interest rates by 25 basis points until there was more evidence of disinflation, but Powell indicated today when speaking to Congress that the Federal Reserve is prepared to "throw out that playbook if the February data don't reverse some of the January strength," the analyst tells investors in a research note. The economist says Powell has "opened the door" to a 50 point hike in March. The two biggest headaches for the market in reality are a " lack Of Confidence In The Fed " and the looming budget shutdown. The Lack Of Confidence In The Fed is really a bad place for investors. You leave yourself open to that when you call inflation transitory and then call out disinflation in the same manner-- wrong twice? All I can tell you is there is no way the next move is anything but .25//////
If any of you want to get all Beared up. I suggest you make your final opinion in a couple weeks. Let the Jobs number come through and CPI. Let bonds retrace this recent action and see what that does to stocks... VIX remains low// High debt market did not budge//
Palantir Technologies rises as it gets $99M contract from State Dept. Kraken Robotics nabs $1.3M order for Synthetic Aperture Sonar Mar. 08, 2023 6:56 AM ETKraken Robotics Inc. (KRKNF), Kraken Robotics (OTCQB:KRKNF) received a $1.3M purchaseorderfrom an unnamed customer for its AquaPix synthetic aperture sonars. Delivery is expected in 2023. These systems will be integrated to a NATO Navy’s Autonomous Underwater Vehicles for use in minehunting and security applications. Kraken's AquaPix is an off the shelf, configurable SAS that replaces high end sidescan systems at an affordable price, while delivering higher resolution, range, and area coverage rates. CINT CI&T Inc- POSSIBLE GUMMY (WE HAVE USED TWICE BEFORE SUCCESSFULLY) $5.41-0.07(-1.28%)11:00 AM 03/07/23 NYSE |$USD |Pre-Market:$5.80+0.39(+7.21%)<--
CRWD CrowdStrike Holdings, Inc. $124.93-2.66(-2.08%)11:00 AM 03/07/23 NASDAQ |$USD |Pre-Market:$133.64+8.71(+6.97%)<------