Nickel City post Battery Day.....
Perhaps because Musk made no mention of the million-mile battery nickel has slumped although finding a good chart of Ni is impossible, one can just tell from share price that nickel's dropping (as is gold because of dollar but).......
NOTE RED DOTS IN EACH
2000
Note : Finding a good chart of copper is hard also.....but a couple of months ago I generated this fine one.
Although no longer precisely up-to-date, the chart's interesting because of how it displays recessions.
Notice how copper plunged during each recession ? And...... Won't 2021 become a recession-type year ?
Concurrently gold has returned to below 2000
Most recent commodity weakness can be attributed to a rallying (perceived "safe") US Dollar vs Cdn, etc.
Finally, last but not least we may have here - A canary in our coal mine. -
But unfortunately there are too many patterns requiring consideration and that is what algos are for.....
Vale compared to a batch of others post Teslas Battery day
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158519953
Speaking of which (tesla) it has been getting pulled down to a Magnet
TODAY IT HIT A LOW OF 351 !
Perhaps because Musk made no mention of the million-mile battery nickel has slumped although finding a good chart of Ni is impossible, one can just tell from share price that nickel's dropping (as is gold because of dollar but).......
NOTE RED DOTS IN EACH
2000
Note : Finding a good chart of copper is hard also.....but a couple of months ago I generated this fine one.
Although no longer precisely up-to-date, the chart's interesting because of how it displays recessions.
Notice how copper plunged during each recession ? And...... Won't 2021 become a recession-type year ?
Concurrently gold has returned to below 2000
Most recent commodity weakness can be attributed to a rallying (perceived "safe") US Dollar vs Cdn, etc.
Finally, last but not least we may have here - A canary in our coal mine. -
But unfortunately there are too many patterns requiring consideration and that is what algos are for.....
Vale compared to a batch of others post Teslas Battery day
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158519953
Speaking of which (tesla) it has been getting pulled down to a Magnet
TODAY IT HIT A LOW OF 351 !
