I did a prediction last Friday about a possible market correction.
First, LYC clearly is a good stock.
The PDF issue will still likely be solved - a 75% chance of approval.
My predictions previously showed that multiple deadlines exist for the US:With the advent of Omnicron - the correction essentially became "earlier".
- US Budget deadline Dec 3
- US inflation Dec 10
- US Federal reserve Dec 15
- US debt ceiling Dec 15
- US Build Back Better end Dec
HOWEVER, due to changing data - it looks like first:
- Omnicron is NOT as serious as people thought - most are mild cases. Data from SA shows that 65% of cases are unvaccinated, and the rest are very mild cases of extreme tiredness and affect males under the age of 40 mostly.
- We will know the extent of deaths for Omnicron in the following days.
If Omnicron WAS SERIOUS, essentially the above deadlines become "deleted":However, according to the latest data:
- US Budget deadline Dec 3 --> if Omnicron is bad, the budget will be quickly resolved (stopgap measure until January or even March)
- US inflation Dec 10 will be a non-topic since it was obvious due to Omnicron.
- US Federal Reserve Dec 15 will rather INCREASE QE to reduce the shock on Omnicron. Or just stay as is.
- US debt ceiling Dec 15 is still problematic.
- US Build Back Better seems to have to scale back to counteract inflation.
In general, due to the changing data, it might actually be GOOD to buy!!!!!!!!
- US Budget deadline --> Republicans seem to agree on a stop-gap measure until January or March.
- Us inflation Dec 10 will still be an issue. HOWEVER due to Omnicron being not as serious, demand might skyrocket even further.
- US Federal Reserve Dec 15 will still be an issue.
- US Debt Ceiling Dec 15 will still be an issue.
- US Build Back Better will NOT BE SCALED BACK.
However, according to historical data, December 10-15 might still be problematic.
HOWEVER, as we know, daily price predictions are way too complicated -> for risk averse people it might be better to wait and see what happens, until the US markets tomorrow (Futures seem to indicate a +0.7% for Dow)
Currently, there is too much volatility. But in general, the future seems to return to the original course of history.
- Forums
- ASX - By Stock
- LYC
- Edited prediction: Omnicron not as serious - but US deadlines loom
LYC
lynas rare earths limited
Add to My Watchlist
1.53%
!
$14.61

Edited prediction: Omnicron not as serious - but US deadlines loom
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$14.61 |
Change
0.220(1.53%) |
Mkt cap ! $14.50B |
Open | High | Low | Value | Volume |
$14.01 | $14.83 | $13.90 | $60.02M | 4.132M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | $14.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.61 | 104 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 14.600 |
2 | 29240 | 14.580 |
3 | 16536 | 14.560 |
2 | 12140 | 14.550 |
1 | 9121 | 14.540 |
Price($) | Vol. | No. |
---|---|---|
14.610 | 104 | 1 |
14.620 | 1000 | 1 |
14.670 | 3950 | 1 |
14.680 | 31251 | 4 |
14.690 | 8222 | 1 |
Last trade - 16.13pm 18/09/2025 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |