So, we have weekend again and sums up the weeks action. It`s been a mix of " buy " and now more neutral mode. The market is approaching oversold territory. Be watchful of a trend reversal. We will see next week, if the indicators get it right.
Technical indicators, research and conclusion. The art of investing; one have to practise and read, listen to professional investors and other sources to learn and be inspired from.
Rick Rule and Stanley Druckenmiller, as 2 examples. Also investment analysing/tips on investingnews and Seeking Alpha.
Who/what do you like to learn/be inspired from ?
I reckon the chinese will have a part in this stock, indirectly. Depending on the continuation of there rare earth metals policy.
Since they have so much contamination of illegal production, the government announced they will strike down on those activities.
If they do, this will probably have some impact on the market.
Furthermore, they have raised taxes for the legal producers and other hurdles, to have more control of there supply. Simply put; they want to decrease the export in a smooth way.
A few years ago when they cut export significant, the WTO had a dispute with them and there was a lot of international tension. We will see how the market react now, since the global market for rare earth metals are escalating with new battery technology, solar panels development and the rapidly growing cutting edge energy storage.
Have a nice weekend, wherever you are. Thanks for messages.
Alex
AI
