
TRADING BREAKTHROUGH WITH QUANTUM COMPUTING, STRONG ECONOMIC DATA UPSETS MOMO CROWD IN STOCK MARKET
By Nigam Arora
To gain an edge, this is what you need to know today.
Quantum Breakthrough
Please click here for a chart of Lithium Americas stock (LAC).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of LAC stock is being used to illustrate the point.
- The chart shows extremely aggressive momo crowd buying in LAC stock.
- The buying shown on the chart is in part driven by a short squeeze. The trigger for the buying is the U.S. government’s intention to seek up to a 10% stake in Lithium Americas. Lithium Americas is a Canadian lithium miner and a majority owner of Thacker Pass mine in Nevada.