New World A-Comin'

[Monksdream]

In this New World A Comin" it appears the planet's motorists, those currently driving, and those yet to obtain their driver's licenses, will be operating four-wheel passenger and work vehicles powered by batteries. Lithium was something of an ordinary metal with a limited use in the 20th Century. A chemical salt containing lithium was discovered to have properties that successfully treat manic-depression disorder, now referred to as bipolar disorder. Anyone diagnosed with the disorder must dose himself for a lifetime to keep the disorder in check. Wonderful stories out there about grateful folks who got diagnosed and now advocate its use.

What is interesting to observe in this chart for Standard Lithium (SLI) is how the market tends to "discover" a public held company. The chart displays monthly price and volume activity. Notice the pricing and volume prior to March 2020, which, we hope anyway, will be from now on referred to as the "Pandemic Low." Standard Lithium was a relatively unknown mining company. The 52 week low so far still sits at $1.80. That will change in the months ahead. Then the market also "discovered" electric vehicle stocks, clean energy stocks, alternative energy stocks. They could do wrong for the remainder of 2020 into February 2021 until the mania for them went to bust.