Citi Hikes Short-term Lithium Price Forecast but Also Sees Gains Fading
The first debate effect is evident! 'Harris trade' goes up, 'Trump trade' goes down. How should we trade if the situation changes?
CITIC Securities reminds that previous US elections have often been accompanied by frequent changes in the situation, such as the "email gate" incident involving Hillary in 2016, which led to a significant change in the polls. Therefore, there is still the possibility of unexpected changes in the subsequent election situation.
US stocks gold rush | or become the biggest winner of the election debate! First Solar surged 15%; Is the wave of production cuts coming? The stock prices of two major lithium mining companies soared by more than 10% in response.
IBM's cloud computing business is strong, with its stock price hitting a new historical high, and has risen over 20% this year; business growth is benefiting from AI engines, with AppLovin's daily increase of 13.15%.
Contemporary Amperex Technology plans to impose production limits on its main lithium mines, Citigroup says there may be more production cuts, and lithium mining stocks in the US stock market are responding with gains.
After contemporary amperex technology considered suspending some lithium mining and production business, lithium mining stocks in the U.S. soared.
Citi Expects Lithium To Bounce 20-25% Over The Next 2-3 Months On Supply Curtailment Led Physical Rebalancing And Short Covering
Lithium Companies' Shares Are Moving Higher Wednesday: What's Going On?