LYC 1.39% $6.56 lynas rare earths limited

Normally, LYSCF follow LYC but last night held firm (6.34+0.11...

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    Normally, LYSCF follow LYC but last night held firm (6.34+0.11 (+1.77%)). Is it due to Zack's recommendation?

    The current market has been pushing down by uncertainties and psychological sentiment, thanks to FED, war and covid and supply chain disruption distorted by earlier both. Shorters and sideline investors scary strategies are also add fuel to fire. It's hard for Fed to engineer a soft landing honestly, but it is possible. Bottom line is there may be no Volcker's style hikes to cause recession like 1970s because of "Differences from the 1970s"(Today’s inflation and the Great Inflation of the 1970s | VOX, CEPR Policy Portal (voxeu.org)). Even in stagflation scenario, green shift is most probable economy growth. And EVs buyers' financial situation is better than average people. Renewable energy is a must-do.

    Besides the perspectives in the article, current household balance is strong; there is green shift to reduce dependence on oil, which is main drive of inflation; employment is strong but sideline workforce available; you may add more.

    I dare to say again and again, the key is earnings. Good time for all stocks is over, show your performance by earnings. These stocks are all in tech sector, TSLA (though drop after surge due to Elon taking twitter by selling, Microsoft, Meta rose dramatically, you name a few; however, Google and Netflix were losers for their poor earnings.

    So big rotation correction is going on. Excellent earnings signs company's value and growth. LYC will be winner of this rotation.

    IMO,DYOR
    Last edited by Pete12: 28/04/22
 
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Last
$6.56
Change
0.090(1.39%)
Mkt cap ! $6.131B
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$6.53 $6.58 $6.51 $14.95M 2.285M

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Price($) Vol. No.
$6.56 6919 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$6.55
  Change
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$6.53 $6.58 $6.51 732559
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