Lynas shares jump on deal for US rare earth plant - MINING.COM
Added LYSDY to the shipping list with orders to buy Monday morning
@Stu from NYC
Yes, the market will correct at some point, that's common knowledge,
but that doesn't mean one can't make money trading the market on longer term themes between now and then, as well as having an insurance short position against the general market at the same time.
What will tank the market in the next several months?
B117 and any drastic political decisions, which is why the general short position.
But tis offset against huge government bridge payments between now and return to employment by the 10 M or so who have lost their jobs and still don't have them back, especially the labor class.
Unemployment Level (UNEMPLOY) | FRED | St. Louis Fed
There is a huge potential to tank banks with mortgage defaults if there is not a bridge payment between now and next year, which if real estate tanks from here, lights out, and its much worse than many suspect, depending upon leverage. . .
All depends upon the course of the virus, and the success of vaccination and spread prevention steps.