Replies to post #175 on Frontier Nuclear and Minerals Inc. (FNUC)

[copytele]

Lithium is being crushed because of the electronics demand crash (following consumer and China implosion accelereting now) and oversupply, of course. You may also be aware that they have discovered that fracking waste contains huge amounts of dissolved lithium, which can be recovered pretty cheaply, eliminating the need for mining it industrially. Game Over, Man.

[copytele]

One of the key technical factors I’ve used over time to gauge the health of equity markets is the breadth of participation by the underlying stocks.

Recently, we have fielded many questions from clients about breadth, as many have noted that December has exhibited some of the worst breadth in history while stock indices have remained near all-time highs. This anomaly is unusual, but some have concluded that breadth may not matter as much as in the past as a signal for price.

In my experience, ignoring breadth is usually a bad idea, and this past week suggests that breadth has anticipated what we learned on Wednesday – i.e., the Fed may not be able to deliver as much accommodation as markets were expecting.

Ergo, bonds are signaling something is “out of whack” in markets. Zero Hedge again notes that this is “the first time in history when 100bps of rate cuts raised 10Y yields by 100bps” (generally, the two move together directionally,