Rare Earth Mining Stocks Reversing Higher
Goldman Sachs recently based its rare earth recommendations on a limited universe consisting of two stocks, Molycorp and Lynas
Those of us who delve into the markets are referred to politely as investors. That is a Madison Avenue spin on what should in essence be a more accurate description. We are speculators, which is a more precise appellation. We assume business risks in hopes of gain. We buy and sell in the expectation of profiting from market fluctuations.
We lean heavily on our technical indicators, which are effected by news driven and exogenous developments. They can often skew the calculations of the most adept of chart readers.
A gray swan is looking over our analytical shoulder. Not quite black, far from white, the coloration as of this writing is gray. The news recently of which my intelligent subscribers are well aware, is that the Lynas Corp. Ltd. (OTO: LYSCF, Stock Forum) Malaysian project has encountered a roadblock requiring ten corrective measures that have to be addressed on the bumpy road to production.