Why Lyas is dropping and will continue to drop., page-80

If you are only looking at daily weekly or monthly changes you should be very Cautious. Looking at fundamentals like profits and revenue in the mid term ( 6 ~ 12 months) future then you will have few doubts. Lynas is up in last night and was up last Friday but it is down $0.17 in last 5 days and $1.07 in last 10 days? What news has come out? What have we seen that changes its fundamentals? There may be one REE has gone flat for two days. is this a bottom? it may be changing but it is a bottom where only minimal profits can be made. it has to go up at least 10% for Lynas to have good profits in 2024. Because of book to bill lag 2023 is pretty much done.
I Do believe we are in a short term rally !0 year T bill is dropping 4.07 early march 3.57 now. DOW was up almost 400 points yesterday and almost 300 to day after just 15 minutes Tomorow a 2 PM we see what the FOMC will do with market interest rates. The press is divided and does not have any real opinion. I think 0.25 % raise. I just don't think the Bank failures have been that bad so far. Inflation is down but still high. I have no idea if they will look at slope it is on or where it is.

Markets rallied strongly on bank failures, Many thought this would cause the fed not to make changes If they do not raise rates will that cause a bigger rally and start inflations going up again. We will know in about 28 hours.