So how low can lithium prices go? When do you buy battered lithium stocks?

So how low can lithium prices go? When do you buy battered lithium stocks?

At least the hand-over-fist selling of lithium stocks stopped for a day. Albemarle (ALB), the big and low-cost producer, did experience another 0.43% drop today, November 29. But that was still way better than the 6.3% plunge on Monday. And shares of Lithium Americas (LAC) and qm (SQM) managed gains of 1.38% and 0.98%, respectively. There’s no mystery to the drop. Lithium prices have continued to fall. As o Monday, Chinese prices for lithium carbonate have dropped 20% so far in November and 75% for 2023 to date.

GM pops on dividend hike and share repurchase–selling out of Jubak Picks portfolio

GM pops on dividend hike and share repurchase–selling out of Jubak Picks portfolio

Shares of General Motors (GM) are up 11.39% today, November 29, on news that the company will boost its dividend by 33% (to 12 cents a share from 9 cents) and repurchase $10 billion of shares. I’m selling my position in the stock in my 12-18 month Jubak Picks Portfolio. That position is now down 10.03% since I added it to the portfolio on October 4, 2022. I don’t see anything in this report that changes the fundamentals of GM’s car business. Yes, the company demonstrates today with its biggest-ever buyback plan that its legacy gas-powered vehicle business throws off tremendous amounts of cash. Now. But the company has pulled back on many of the expensive investments that would have brought GM into the electric vehicle future.

China’s limits on graphite exports, a key ingredient in electric car batteries, go into effect this week

China’s limits on graphite exports, a key ingredient in electric car batteries, go into effect this week

Meetings between presidents come and go, but China’s efforts to capture the high ground in technologies for the future economy–and to defend that ground once captured–just go on. On December 1 China will begin requiring export permits for some graphite products, another attempt to control critical mineral supply in response to challenges to its global manufacturing dominance. Beijing’s move to restrict graphite exports will have a disproportionate impact on foreign makers of electric vehicle battery components who have not yet shifted to using as much synthetic material as Chinese counterparts, industry insiders and experts told Reuters.

Special Report: How to find “real” green stocks–with 10 picks to save the planet: Part 2 when to buy (and sell) the trends

Special Report: How to find “real” green stocks–with 10 picks to save the planet: Part 2 when to buy (and sell) the trends

If any investor wants to figure out what trends to invest in and when are the investing opportunities created by global climate change and efforts to limit the rise in our planet’s temporary, you need to look at every system of signs for clues. That means looking at the obvious, the political discourse as represented by the climate change plans of the Biden administration and the positions staked out by its opponents on the right and left. It means looking at the slightly less obvious, the advertising and public relations spending by companies trying escape the worst effects of the efforts to control climate change (oil companies, for example) and by companies trying to position themselves as champions of the fight to save the planet. And it means studying the much less obvious such as the climate change accounting principles I described in Part 1 of this Special Report to see which actions will be privileged and which penalized by the rules for keeping the books. From my own take on those systems, I’ve come up with a list of climate change trends that I think are worth investing in–and a calendar for when I think you ought to put your money into these trends. In Part 3 of this Special Report I’ll give you the names of 10 stocks that I’d look to use to ride these trends. Today’s segment, though, is devoted to laying out a sense of when to put your money into specific phases of the overall global climate change trend. I’ve divided this “calendar” into three parts.

So how low can lithium prices go? When do you buy battered lithium stocks?

Nidec tacks on 7.69% gain today on updated annual forecast and new buyback plan

Nidec (NJDCY) shares gained another 7.69% today, after the maker of electric motors for hard drives, robots, and electric vehicles, raised its annual outlook for the fiscal year that ends on March 31. The new outlook forecasts operating income of 155 billion yen ($1.5 billion) versus the older forecast of 140 billion yen. The company authorized share buybacks of up to 50 billion yen, or about 0.7% of the company’s stock.

Trick or trend: How the tax bill might move financial markets next week

Trick or trend: How the tax bill might move financial markets next week

We certainly won’t know what’s actually in the tax bill when the House of Representatives begins markup of the legislation on Monday. It’s not even clear if members of the House will know what’s in the bill. And there’s no chance that the bill as written in the House will be the bill that comes up for a vote in the Senate. But, to be cynical and I think realistic, none of this matters as far as the financial markets are concerned. For stocks and bonds this is a binary decision: Either the tax bill passes with the cut in corporate rates from 35% to 20% intact. Or the bill doesn’t pass.Â