Binky from Deutsch Bank makes the case for higher U.S. stocks, based on the premise of a revitalized corporate earnings scene. He points out that earnings are beating by an average of 3.5% — heading into estimates that were flat. In other words, earnings are at record highs and they’re expected to trend higher — taking stocks with it.
The recent rally in stocks is ‘typical of a close election’, as well as the current lull.
Markets aren’t pricing in stimulus. As such, get long now else miss out.
I’ll take zinc. I got a new zinc trade that I’ll unveil tomorrow.
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Fly, I hear lots of talk about zinc, uranium, etc… but what about lithium. The battery stuff.
Who has the corner on that material and are there any plays in that space?
SQM, risky like uranium.
Just wondering. With Musks new factory coming on line and viewing the trajectory of everything that is battery powered, demand for the stuff has to increase. Substantially one would think.