Galaxy Resources Limited engages in the production of lithium concentrate and exploration of minerals in Australia, Canada, and Argentina. Its flagship project is the Sal de Vida project located in Catamarca province, Argentina. It would have been ok to use the notation $g(x,y)$ instead, and some authors do this when discussing Green’s functions. However, the […]
The strategy is also an example of a sector rotation strategy backtest. If money is going to a specific industry, sooner rather than later, it is likely to lift all stocks (even weak stocks) inside that industry. By focusing on stocks that have not broken out yet from good technical bases, we may allocate money […]
Edwin Lefevre’s book reminds us of Jesse Livermore who’s one of the most productive traders of all time. In this book, Edwin walks us through the journey of one Mr. Livingston who moves from being financially broke to amassing unbelievable wealth over time. This is a book that’s all about recovering and rising from the […]
From the perspective of the buyer, a prepayment is recorded as a debit to the prepaid expenses account and a credit to the cash account. When the prepaid item is eventually consumed, a relevant expense account is debited and the prepaid expenses account is credited. Buyers can overuse the prepaid expenses account, which results in […]
Note that lithium (35x) and then flake graphite (17x) have by far the two biggest demand pulls. The chart below shows what happened to iron ore when China accelerated their industrialization and urbanization. But Pilbara Minerals isn’t the best performer in the industry, not by a long shot. A number of other lithium shares have […]
The term Magnetic Ink Character Recognition (MICR) refers to the small digital characters at the bottom of a check or a financial document. The MICR line is a set of digital numbers that represent the bank routing number, account number, and check number. With MICR, businesses have the option to print their own documents and […]
PMI readings can be volatile from month to month due to various factors such as seasonal variations, supply chain disruptions, or changes in market sentiment. PMI data can also be subject to revisions as more accurate information becomes available. This means that initial readings might be adjusted, potentially altering the interpretation of the data. Hence, […]
Luxury travel and clothing brands are good examples of where premium pricing strategies can be effective. Loss leader pricing involves intentionally selling attractive products from your product portfolio with minimal profit – or at a loss – to attract customers. This strategy focuses on the acquisition and lifetime value of customers, with the hopes that […]
In short, it describes the mechanism by which you will pay off the principal and interest of a loan, in full, by bundling them into a single monthly payment. This is accomplished with an amortization schedule, which itemizes the starting balance of a loan and reduces it via installment payments. Amortization reflects the fact that […]
The Financial Times Stock Exchange 100 index is a share index of the 100 highest market capitalisation companies on the London Stock Exchange. The NASDAQ 100 is a stock market index made up of 100 of the world’s largest non-financial fxcm fraud companies listed on the Nasdaq stock exchange including Apple, Google, and Tesla. There […]
