anybody watching IMMR? may double top here and consolidate, but has had some interesting price action since earnings
boyz05 said:
FWIW, a good friend of mine that is in the EV industry was at one of their big conferences recently in LA. He said one of the big topics specifically was the supply of available graphite outside of China. The industry is taking notice how much of a snowball effect this will have, especially with the exponential growth the EV market is experiencing.
The timing to mine and manufacture the stuff can take years so if WWR is ahead of the game then that should be good for most of us. As long as WWR stays the course of their plans with no delays, we will start to see the fruits of our patience, I hoping after this inflationary period this will pivot on the up for years to come.
Triple_Bagger said:boyz05 said:
FWIW, a good friend of mine that is in the EV industry was at one of their big conferences recently in LA. He said one of the big topics specifically was the supply of available graphite outside of China. The industry is taking notice how much of a snowball effect this will have, especially with the exponential growth the EV market is experiencing.
The timing to mine and manufacture the stuff can take years so if WWR is ahead of the game then that should be good for most of us. As long as WWR stays the course of their plans with no delays, we will start to see the fruits of our patience, I hoping after this inflationary period this will pivot on the up for years to come.
Our government is on the same page with domestic graphite production. Just hope they select WWR when they start handing out money.
https://crsreports.congress.gov/product/pdf/R/R47227
$NVDA Earnings:
— unusual_whales (@unusual_whales) November 16, 2022
-Adj EPS: $0.58 (exp $0.70)
-Revenue: $5.93B (exp $5.79B)
-Sees Q4 Revenue $6.0B Or -2% (exp $6.09B)https://t.co/E9SOE2vSsi
techno-ag said:People need to drive and there's been a shortage of new vehicles. Can't say I'm surprised.Bonfire1996 said:
New car sales unexpectedly very strong for October. Key FED gauge. FED wants to see that flat to negative to indicate waning demand. Consumers blew right through the higher rates and kept buying everything being produced.
YoY looks pretty bad. QoQ too.sts7049 said:$NVDA Earnings:
— unusual_whales (@unusual_whales) November 16, 2022
-Adj EPS: $0.58 (exp $0.70)
-Revenue: $5.93B (exp $5.79B)
-Sees Q4 Revenue $6.0B Or -2% (exp $6.09B)https://t.co/E9SOE2vSsi
Down to low $30's looks likely.TheCellarDoor said:
OA's APA is coiling tighter and tighter every day. I suck at charting, but if someone has it handy, it looks like something is about to give. Still a month left on the Dec' $55's.
Yeah that's accounting. I imagine it has to be after they take delivery, not when the deposit was made. But it's a great point. People are still waiting on cars they ordered a long time ago.Diggity said:
guess that would depend on when they book the purchase
wanderer said:wanderer said:
Such a dirty stoploss candle for BOIL at 9:53 before immediately spiking
BOIL. Wow
I don't understand the thought behind this strategy. Are people expecting a big increase in pay next year? Are they expecting the government to give out more free money?ProgN said:
The number of people using credit cards to buy groceries is at an ATH. They're just trying to weather the storm but it's creating a debt bomb that will explode.
They don't have another "strategy". You have to feed your family, and don't have a lot of extra cash to do it. They just haven't stopped the other discretionary spending just yet.Triple_Bagger said:I don't understand the thought behind this strategy. Are people expecting a big increase in pay next year? Are they expecting the government to give out more free money?ProgN said:
The number of people using credit cards to buy groceries is at an ATH. They're just trying to weather the storm but it's creating a debt bomb that will explode.
US credit card debt is just under $1T. That's a decent little time bomb.
Triple_Bagger said:I don't understand the thought behind this strategy. Are people expecting a big increase in pay next year? Are they expecting the government to give out more free money?ProgN said:
The number of people using credit cards to buy groceries is at an ATH. They're just trying to weather the storm but it's creating a debt bomb that will explode.
US credit card debt is just under $1T. That's a decent little time bomb.
Questioner: Would you back SBF [of FTX] again?
— unusual_whales (@unusual_whales) November 16, 2022
Kevin O'Leary: "He was one of the most brilliant traders in the crypto Universe... the answer would be, yes." pic.twitter.com/WYCDNRK74c
Triple_Bagger said:I don't understand the thought behind this strategy. Are people expecting a big increase in pay next year? Are they expecting the government to give out more free money?ProgN said:
The number of people using credit cards to buy groceries is at an ATH. They're just trying to weather the storm but it's creating a debt bomb that will explode.
US credit card debt is just under $1T. That's a decent little time bomb.
Switch it to a 4 hour and it will look bad as well, potentially.$30,000 Millionaire said:
I went through 200 charts tonight. Everything looks bad except Nat gas.
Triple_Bagger said:Triple_Bagger said:boyz05 said:
FWIW, a good friend of mine that is in the EV industry was at one of their big conferences recently in LA. He said one of the big topics specifically was the supply of available graphite outside of China. The industry is taking notice how much of a snowball effect this will have, especially with the exponential growth the EV market is experiencing.
The timing to mine and manufacture the stuff can take years so if WWR is ahead of the game then that should be good for most of us. As long as WWR stays the course of their plans with no delays, we will start to see the fruits of our patience, I hoping after this inflationary period this will pivot on the up for years to come.
Our government is on the same page with domestic graphite production. Just hope they select WWR when they start handing out money.
https://crsreports.congress.gov/product/pdf/R/R47227
According to USGS, the United States did not mine any natural graphite in 2021, and no mineral reserves are indicated.94 One company, Graphite One, reports plans to develop an integrated natural graphite mine and extraction facility on 28,160 acres of state lands in Alaska.95 Another company, West water Resources, reports plans to develop an integrated natural graphite mine and extraction facility on 41,965 acres of private land in Alabama.96
Imports of natural graphite during 2021 are estimated to be 53,000 metric tons, and natural graphite exports in 2021 are estimated to be 8,400 metric tons. NIR on natural graphite was calculated to be 100%. During the period 2017-2020, China was the largest supplier of U.S. natural graphite imports (33%). For 2021, China is estimated to have the highest worldwide production of natural graphite (820,000 metric tons); total global production is estimated to be 1,000,000 metric tons.99
The price of natural graphite flake, which represented 57% of imports in 2021, averaged $1,600 per ton in 2021. This was the highest price for natural graphite flake in the last five years. The lowest price in the last five years for natural graphite flake was $1,350 per ton in 2019.100
At least WWR is on our governments radar.
jamey said:Triple_Bagger said:I don't understand the thought behind this strategy. Are people expecting a big increase in pay next year? Are they expecting the government to give out more free money?ProgN said:
The number of people using credit cards to buy groceries is at an ATH. They're just trying to weather the storm but it's creating a debt bomb that will explode.
US credit card debt is just under $1T. That's a decent little time bomb.
I think its a sudden problem for many. They net X each month and for most people they just make it for bills, rent or mortgage..etc with no extra.
Suddenly it costs X + 10% inflation to live.
I know I've had to decrease our savings and add to our checking account(bills) by about $600per month this past year
And that's along with a number of cost cutting measures
Maybe in several more months people are breaking their lease, defaulting on mortgages, not paying their credit card...etc
sts7049 said:
looks like 3900 is up next
I'm sure this approach will workout splendidly.Quote:
Energy firms to face expanded windfall taxes
Hunt confirmed that from Jan. 1 until March 2028, the energy profits levy will increase from 25% to 35%, while a new temporary 45% tax will be levied on electricity generators, raising 14 billion for the Treasury next year.