In January, we created a chartlist of Lithium companies. This industry appears to be at the forefront of the electric car for battery storage technology. It has been a strong uptrend for the companies involved in the space. Be careful with the percentage gains, as many are penny stocks.
However, in the last month, the picture is not as clear.
If we sort by price, it makes it more interesting.
Summing it up, the top 7 have a stock price above $2.00. Their one-month returns are very large and the stocks in that group are more diversified and not necessarily in Lithium raw supply. They are related to the battery storage industry.
There will be lots more on the Commodities Countdown webinar 2016-07-28. If you get the time, I think you'll find its worth a look. I'll be focused on oil and gas companies along with gold as well. You can also follow me on twitter @Schnellinvestor and LinkedIn. If you would like to receive this series in your email, please click on the subscribe button below.
Good trading,
Greg Schnell, CMT, MFTA
