Lithium producer SQM soars after Chilean election
Quite a good two days for Sociedad Quimica y Minera de Chile or SQM for short. The Chilean producer of lithium climbed almost 8% yesterday and tacked on another 2.8% today. The shares (SQM) are now up 11.47% since I added them to my long-term 50 Stocks Portfolio back...Adding lithium producer SQM to my long-term 50 Stocks Portfolio
Shares of Tesla (TSLA) were down 3.15% in today's (November 29) session on a report from Reuters that up to 90% of its Model S and Model X vehicles showed defects during quality checks. (Tesla disputes the Reuters story.) On the news, though, lithium stocks fell as...Notes You Need for October 17: German economic sentiment, Japan rally, SQM and lithium, NAFTA, Fed chair schedule, NFLX
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. I launched this new feature on JubakAM.com on December 1. It runs only on JAM and won’t appear anywhere else. Such as these items: “10:20 a.m.: The ZEW survey for October showed economic sentiment iamong German investors climbing to 17.6 from 17.0 points in the previous month. The index, however, still remains below the long-term average of 23.8 points” and “10:40 a.m.: Japan’s Nikkei stock market index recorded its eleventh straight gain today. The market hasn’t had a losing session yet in October. In that period the Nikkei is up 4.8% on growing conviction that Prime Minister Shinzo Abe is headed to a smashing election victory that will assure the continuation of Abe-nomics and a weak yen.”
Wait for it: Another big down day for SQM
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Notes You Need for September 15: Coffee, lithium, SQM, wind power, retail sales, U.S. oil production, DVN, biotech, Acadia Pharmaceuticals, rig count
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. I launched this new feature on JubakAM.com on December 1. It runs only on JAM and won’t appear anywhere else. For example, 10:20 a.m.: Coffee-fanatic favorite Blue Bottle has been acquired by Nestle.