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XNI/USD "NICKEL" Commodities Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XNI/USD "NICKEL" Commodities Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 4H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
CAPITALCOM:NICKELLong
by Thief_Trader
Vale S.A. is riding the wave of optimism as the Brazilian stockVale S.A. is riding the wave of optimism as the Brazilian stock market rebounds, buoyed by China's economic stimulus and rising iron ore prices. Vale S.A. has emerged as a frontrunner in the recent upswing of the Brazilian stock market, with shares soaring over 4.5% thanks to an increase in iron ore prices driven by renewed demand from China. As the world's largest iron ore exporter, Vale stands to benefit significantly from China's stimulus measures aimed at revitalizing its economy. This positive momentum underscores Vale's vital role in Brazil's economy, reflecting broader trends in the commodities sector and showcasing investor confidence in the company's future performance amid ongoing global challenges. Rewards Price-To-Earnings ratio (5.3x) is below the BR market (9.9x) Trading at good value compared to peers and industry Analysts in good agreement that stock price will rise by 29% Risk Analysis Earnings are forecast to decline by an average of 4.8% per year for the next 3 years Dividend of 11.58% is not well covered by free cash flows
NYSE:VALELong
by Maximus20000
1
Nickel / USD Bullish Side Money Heist PlanMy Dear Robbers / Money Makers & Losers, This is our master plan to Heist Nickel/USD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
SKILLING:NICKELLong
by Thief_Trader
Nickel: Thoughts and AnalysisToday's focus: Nickel (XNIUSD) Pattern – Diagonal Pattern Support – 15,840 Resistance – 17,198, 18,500 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Nickel on the daily chart. We have been watching Nickel for a few weeks now, traders, as the consolidation pattern continues to drag out. The shape of the pattern at this point is on the ending diagonal side. That can mean reversal, but it's far from a classic, and we have also run over some of the fundamental circumstances that have been driving Nickel lower since 2023. Will we see the downtrend resume with a new lower breakout, or could this consolidation pattern set up a new higher push by buyers? Good trading.
EIGHTCAP:XNIUSDLong
by Eightcap
London Metals Exchange Week 2023 reviewAs London Metals Exchange Week 2023 wraps up, we summarise some of the key observations for the state of the base metals in 2023 and what are likely to drivers for the markets going into 2024. Better than the macro data would indicate Despite the challenging macroeconomic backdrop especially in China, metal demand is holding up fairly well. Demand indicators are generally holding up better than macroeconomic data would suggest, indicating other forces are at play. The main diver of the discrepancy is likely to be the shift in demand for metals coming from the energy transition. The upside surprise in Chinese demand can be linked to accelerated grid spending in the country which is a metal intensive activity (Figure 1). China has ‘net zero’ ambitions and has been using this era of relatively low copper prices to accelerate the buildout of its grid infrastructure that will be essential for increasing the capacity of electric vehicles on its roads. More broadly, China’s piece-meal stimulus activity is starting to bear fruits. Aggregate financing to the real economy has turned a corner after several months of disappointment and is now rising faster than consensus expectations, which could bode well for further metal demand. It’s worth noting that copper demand in China had not fallen as much as aggregate financing data would have indicated (Figure 2). We believe the stimulus will continue to support the metals market into 2024, although we note that China has not yet offered a big ‘bazooka’ of a stimulus package yet. More metal supply in 2024 Markets are concerned that the supply outages in a range of metals could reverse course next year and therefore start to weigh on price. In its latest projections, the International Copper Study Group (ICSG) now envisages a massive supply surplus of 467,000 tonnes in 2024 (previously 298,000 tonnes). This is thanks to a considerable expansion of refined copper production, especially in China, though new production capacities in Indonesia, India and the US are also set to contribute to nearly 5% year-on-year production growth in 2024. However, the group maintain a deficit forecast in 2023 in the order of 27,000 tonnes, albeit a narrower deficit compared to their April forecast of 114,000 tonnes. Other metal study groups (such as the International Nickel Study Group, International Lead and Zinc Study Group) that met the prior week also expect higher supplies. However, we note that a lot of European metal smelters that went offline during the energy crisis of 2022 are unlikely to come back. Furthermore, these forecasts are based on all planned production coming to the market, which is rarely the case. Usually a 1-2% supply disruption takes place and that has the potential to significantly alter the balance. Nickel oversupply spilling into Class 1 Market participants are increasingly worried about a Class 1 nickel oversupply in 2024. Indonesia’s mining and processing expansion has largely impacted Class 2 nickel. That is the material most suitable for meeting Chinese demand for nickel pig iron (NPI). High quality, Class 1 nickel, however, has been in a supply deficit in recent years. Class 1 has seen increasing demand from battery applications as electric vehicles expand production (and utilisation). However, conversion of Class 2 to Class 1 is looking increasingly economically feasible and Indonesia is at the forefront. There is even potential for a trade deal that could see Indonesian supply become Inflation Reduction Act compliant. That could see US battery demand be met by a new source of metal supply. At the same time, what was thought to be a localised shift to less nickel-intense battery technology in China, could become a more global trend. That is also a source of concern for the market. Market developments The London Metal Exchange (LME) Chief Executive Matthew Chamberlain announced at the main LME dinner that the LME has launched a new collaboration on product development with its Chinese rival, the Shanghai Futures Exchange (SHFE). The announcement came after news last month that SHFE was looking into the possible launch of a nickel futures contract for international use. A much larger proportion of industrial nickel use today is Class 2 rather than Class 1. China is seen as the main venue for transactions in Class 2 nickel and should have a greater role in benchmark price formation. The Class 1 LME contract thus has a degree of disconnect with the bulk of current industrial use and therefore has been seen as an imperfect hedging tool. While the LME didn’t offer much detail about its collaboration with the SHFE, an obvious area for joint work is in nickel. Conclusions Overall, the mood at the LME week was sombre, not just because of the geopolitical events that took place the weekend before the event. However, many were surprised at the strength of current demand. As we have highlighted, commodities tend to be late-cycle performers and we are likely seeing that in play in the current economic cycle. The energy transition is adding further fuel to metal demand that could help the complex during otherwise challenging times if a perfect soft-landing is not achieved. This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
EUREX:FCIN1!
by aneekaguptaWTE
Lagger that refuses to fall and dreams about greatnessThe world's largest producer of nickel and palladium has had rather lackluster performance in 2023 advancing half as the general Russian Index. And still I cannot get over his accurate price structure that hints that better days are potentially ahead. I want the price to start forming the right side and later the handle of a cup, and break out above important Sep'22 and Sep'23 high - 17240 area. If price will not be able to hold Sep'23 15730 low, I would want the area above 15250 and 200D line to act as support. Bellow this levels the analysis is to be considered wrong and invalid. Trading thesis : cow-boy type longs (higher failure risk) may be considered above 16430 area with 3 and 5% stop levels.
RUS:GMKNLong
by artemfedorov
Industrial metals continue to face headwinds as Chinese data disIndustrial metals were the worst performing commodity sector last month and were down 2.7%1. Over the last six months, the sector is down 15.2% and has created the biggest drag on the overall performance of commodities. China's real estate sector, once the engine of its economy, is now teetering on the edge of crisis because of excessive borrowing, overbuilding, and a housing slowdown. The government's crackdown on risky practices and sudden intervention in 2020 to prevent a housing bubble have led to over 50 Chinese developers defaulting or failing to make debt payments in the last three years. The consequences include reduced consumer spending due to falling housing prices, disappearing jobs tied to housing, and decreased business confidence. While policymakers have taken modest steps to address the situation, the real estate turmoil has spread to financial institutions and the broader economy, prompting concerns of a larger crisis. A build-up in industrial metal inventories over the last 3 months is consistent with market expectations of ample supply of the metals for the rest of the year, given relatively modest demand. Zinc inventory is up 96% while lead inventory is up 85% compared to 3 months ago. This is clearly weighing on sentiment towards industrial metals. Copper (COMEX) was down 2.8%1, and aluminium down 2.8%1. The only bright spot in the basket was lead, which was up 3.7% last month. Speculative positioning in COMEX copper has been oscillating between positive and negative territories in recent months and entered negative territory again last month after briefly becoming positive2. COMEX copper inventory is up around 46% compared to 3 months ago. And although copper held in COMEX is one of the smaller stores of the metal, when combining London Metal Exchange, Shanghai Futures Exchange and COMEX, copper inventory is still 27% above where it was 3 months ago. Nickel was down 5.7% last month1. Although nickel is widely known for its use in electric vehicle batteries, a growing market, it still draws around two-thirds of its overall demand from the production of stainless steel. China's steel market has been facing pressure in August due to continued high steel production despite sluggish end-user demand. Blast furnace utilization rates have risen, but some local mills in key steelmaking provinces like Hebei and Jiangsu have not received official communication about output reductions. Uncertainty surrounds the extent of China's steel output cuts for the rest of the year, with expectations of smaller scale cuts targeting environmentally sensitive regions. Rising steel inventories are attributed to robust production and weak demand. Despite potential production cuts, market sentiment remains cautious due to these challenges, and steel prices have declined. This, in turn, is weighing on nickel. Source: 1 Bloomberg as of 21 July 2023 to 21 August 2023 2 Commodity Futures Trading Commission (CFTC) as of 15 August 2023 3 change in inventory over the past 3 months by United States Department of Agriculture This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
COMEX:HG1!
by aneekaguptaWTE
TMC Offers Massive Upside Mining the Seafloor The weaker dollar has led to prices for commodities climbing sharply and quality mining stocks generating substantial gains. This has occurred in the face of the Federal Reserve raising interest rates at the fastest pace in history. Rising rates normally strengthen the dollar and we did see a USD rally in the first half of 2022 when the Fed began raising rates. But that rally fizzled and the dollar took a sharp turn lower in September of 2022, even with the Fed continuing to raise rates, doubling the Fed Funds rate from 2.5% to over 5%. This can be explained by the markets being forward-looking and anticipating an end to rate hikes on the horizon. But this is also partially due to inflation remaining stubbornly high with no signs of fiscal responsibility from the current administration. And now that most of the rate hikes are behind us and we are at or near a terminal Fed Funds rate, we think the dollar decline will accelerate, which will translate into significantly higher commodity prices. TMC the metals company Inc. (TMC) TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products. This company is interesting because they are the first publicly-traded company to attempt mining valuable metals from the sea floor. They claim to be developing the world’s largest estimated source of battery metals, with enough nickel, copper, cobalt and manganese to electrify the entire U.S. passenger vehicle fleet. They estimate massive In situ quantities of nickel, copper, cobalt and manganese with a total resource of 15,700,000 t Ni / 2,400,000 t Co / 13,300,000 t Cu / 350,000,000 t Mn. Some nickel projects have high grade, some have a large resource, but TMC is an outlier among peers with the largest NiEq resource and highest NiEq grade. The company estimates an NPV of over $10 billion at current nickel prices, based on just 22% of the NORI-D resource. Yet the company is trading at a market cap of around $300 million. This is a multiple of 10x to 20x less than their land-based peers, implying huge upside should they be successful obtaining permits and moving into production. In just the past week, TMC said it plans to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as late 2025. The company has signed non-binding MoU with Pacific Metals Company (PAMCO) of Japan to evaluate the processing of 1.3 million tonnes per year of wet nodules But environmental campaigners say seabed mining could have a catastrophic impact on marine ecosystems, so it is still unclear if they will get the license needed to start mining. There are also questions around the costs to pull these nodules up from deep locations on the seafloor. TMC is an interesting speculative mining play. Management believes it has rights to the globe’s largest undeveloped Nickel project. Nickel is one of the most widely used minerals for EV batteries and will see increased demand in the years ahead. A supply gap is likely to push prices for nickel much higher in the years ahead, potentially increasing the value of TMC as well. Much will hinge on getting final regulations from the International Seabed Authority, which seems to be in no hurry. But if this happens and TMC gets permits, I think this stock is going to be 5x to 10x for investors buying shares ahead of the news. The share price spiked higher on increased media coverage lately, but dropped back just as fast. I recommend this balanced article from CNBC for continued reading on TMC. The price went from 65 cents to $3.00, before falling back to $1.10 currently. Everyone will have to decide for themself if this is a good opportunity to buy the pullback or simply catching a falling knife. A small allocation as a lottery ticket could be of interest for risk-tolerant investors.
NASDAQ:TMCLong
by jhamlin24
TMC The Metals Company Reporting Next WeekI think TMC The Metals Company is the most undervalued battery play you can find. TMC holds exploration and commercial rights to three contract areas which host an estimated 1.6 billion tones of polymetallic nodules containing high grade nickel, copper , cobalt and manganese, in the Clarion Clipperton Zone of the Pacific Ocean. The Planet’s Largest Resource of Battery Metals could electrify the entire US electric vehicle fleet! The Metals Company successfully concluded its $75 million multi-year deep-sea research program to establish the potential impacts of the Company’s proposed polymetallic nodule collection operations. My lowest Price Target for TMC is $1.6 this year. Looking forward to read your opinion about it.
NASDAQ:TMCLong
by TopgOptions
2
Why the Banks Won't Let Metals Bulls Win Metal bulls aren't well versed on the history of metal spoofing and the reason they do it, vault insurance limits. Allow me to educate you. www.justice.gov “With this verdict, the Department has secured convictions of ten former traders at Wall Street financial institutions, including JPMorgan, Bank of America/Merrill Lynch, Deutsche Bank, The Bank of Nova Scotia, and Morgan Stanley. Every major metals bank has been convicted, but they all got slaps on the wrist. JPM for example, got less than a billion dollar fine for over 12yrs of metal spoofing. That amounted to less than 3% of their profits for the previous year. One guy goes to jail from each metals desk. Business continues as usual, because the stakes are too high! It all started during the last wild metals run after 2008. Why on Earth would they manipulate the price of their own assets DOWN!?!? Because of Vault Insurance limits.... www.bloomberg.com With dozens of insurers underwriting, the maximum amount of insurance you can get on one vault is around 2 billion dollars, which is now only ~1000 ozt of Gold. Not to mention the other metals crowding the basket of metals they have in the vault, with expensive platinum group metals and rare earths. So every time the prices of metals double, they are forced to either: Sell off half of their most valuable collateral assets and cripple themselves as a bank Buy, build, staff and insure twice as many vaults, small banks and transfer stations. Neither of these options is feasible. It is the ultimate squeeze on banks, their Achille's heel. It's a widely know secret, that's why Metal spoofing is allowed to continue. If the banks sell most of their metals to the public, they're left with mostly junk bonds and overpriced real estate as collateral. Only the biggest Wall Street banks could/would survive it, if Gold suddenly doubled or quadrupled in price again. Mints and bullion dealers are also constrained by the insurance limits; and they attempt to control it in tandem with banks by jacking up premiums disproportionately, when prices near range highs, like now. You think they stopped? Then what happened to Nickel in March of 2022? When prices jumped 100% rapidly, they halted the market and refused to honor any calls! Business carried on as usual. www.reuters.com You see these banks also have a vested interest in keeping input costs low for the companies they loan money to, and invest in on the stock market. So this phenomenon is readily apparent in industrial metals. Everything gets rangebound. When it's appropriate for the banks they will decide when to lift the range, but I doubt it's happening any time soon, if the nickel market is anything to go by.
MCX:NICKEL1!Short
by Nicklaus68
4
QPM LONG (ASX)QPM's debt financing is making progress. An important milestone was reached with a German supplier collaboration agreement as well as German Funding support. German companies Plinke GmbH and Andritz Separation GmbH & Siemens LTD have agreed with supplying a significant proportion of capital equipment required for the TECH PROJECT. Germany's Export Credit agency provided a tied loan guarantee of 500 million and Kfw IPEX confirmed an interest in providing 250 million. QPM currently has A$1.4 billion in conditional debt funding. Investors await the potential debt commitments of K-Sure and other commercial banks. Investors also await an equity component here. QPM has done exceptionally well despite the economic climate but it is important to be objective as their 2.1b capex total remains a significant hurdle. A high level of risk is still involved here (despiting Stephen Grocott and his team continually derisking this project!). I have personally reduced my holdings out of concern of current macro conditions. From a charting perspective, QPM has been in a deep downtrend since October 2022. QPM has experienced reprieve after the german supplier collaboration on the 4th of April. Without it, the ticker was in the doldrums experiencing a death cross on 7th December 2022. Any impulsive movement above the top trendline (15c to 17c) alongside a corrective flat in that range will constitute a buy signal. Any movement like this would probably coincide with further debt financing progress. Can Stephen Grocott and his team bring this home?
ASX:QPMLong
by Itachi239
2
Nickel another hype?Electric Batteries have to continue to be produced, and Nickel is needed more than ever. and remember: Even a small amount of nickel can be critical in delivering resilience and enabling successful deployment of clean technologies. Take hydro-electric for example. Even though nickel is indicated to be of low importance (low quantity) in hydro-electric, its use is critical in weldability of turbine blades and in the long life of other components used in dam gates. In some applications, we can even say that nickel is essential for these technologies. All the clean energy technologies use nickel!
MCX:NICKEL1!Long
by FuturesTradex
EVNI -- High grade nickel hits, cashed up, low market capEVNI made a huge move out of the gate today after reporting high grade Nickel intercepts but has since retraced by almost a half and could be a decent risk/reward in the low 0.20s with the cheapest financing paper at 0.30 (June 2021). Most recent IPO financing was done at 0.75 (Dec 2021). Average warrant exercise price is 0.84. The company has $3M in cash, $7M market cap, 30M float. ----------------------------------------------- EV Nickel Phase 2 Drilling Results- 48.6 metres Grading 1.31% Nickel from W4, Samples Submitted for Met Testing - EVMET22-01 intersects 48.60 metres grading 1.31% Ni, including 13.0 metres grading 2.98% Ni - EVMET22-02 intersects to 33.0 metres grading 0.74% Ni, including 9.0 metres grading 1.47% Ni - Holes EVMET22-01 and EVMET22-02 submitted for Metallurgical Test Program with SGS Canada Inc. - Metallurgical Results from Langmuir W4 anticipated by mid-summer TORONTO, ON / ACCESSWIRE / June 9, 2022 / EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to report the assay results for three holes completed as part of the Phase 2 Drill Program, from within the Langmuir W4 Zone. The holes were designed to provide a representative sample for metallurgical analysis. Each of the three holes intersected high-grade nickel sulphide mineralization consistent with the Langmuir W4 Zone. Two of the three holes, EVMET22-01 and EVMET22-02, will be submitted for the metallurgical analysis to SGS Canada Inc., providing a suitable quantity and quality of material for their test work. EV Nickel Inc., Thursday, June 9, 2022, Press release picture Drilling of the Langmuir W4 Zone continues to yield impressive intercepts of high-grade nickel. Hole EVMET22-01 intersected 48.6 metres grading 1.31 Ni%, including 13.0 metres grading 2.98% Ni; Hole EVMET22-02 intersected 33.0 metres grading 0.74% Ni, including 9.0 metres grading 1.47% Ni; and EV22-03 intersected 17.3 metres grading 0.70% Ni, including 4.3 metres grading 1.18% Ni. Table 1, below, summarizes the assay results for the metallurgical drill hole program. "W4 continues to impress me with its high-grade nickel mineralization. The mineralization at W4 is unique, composed primarily of pentlandite, which relates to high nickel tenors as reflected in these high-grade nickel intercepts." states Paul Davis, EVNi's Vice President of Exploration. "The current metallurgical test program will determine the best recovery method to be used, utilizing the current mill flowsheets for facilities within a 300 km radius of the project. I am excited to see the results of the SGS metallurgical work as well as the results of our continued Phase 2 Drill Program testing the down plunge extension of the W4 zone."
TSXV:EVNILong
by wealth_bakery