New money pouring into Lithium ETFs, no sign of slowing downInteresting to se that the rally in Lithium shares and ETFs seems to be continuing. The big ETF pour in the money into the big producers like FCM and SQM.. Lithium ETF Global X up by 50% ytd. But the big fat cats starts to be a bit overvalued it seems now and the shorts start to build up.
This is positive for our small caps that have been let out of the rally. The money still flows in hard core into the lithium ETF sector and now it has to find new harbours, the big lithium companies have to buy up more assets and increase the production to justify the high valuations and the ETFs have to expand the lithium universe. I think LiCo is perfect positioned for this next wave..
"This rush into the sector made lithium stocks some of the best performers in the current bull market. The Global X Lithium ETF (LIT), which invests in the sector, mirrored this buoyant mood as it returned more than 50% so far this year. Most of these phenomenal returns occurred over the last month, as automaker executives set out their vision for all electric lineups"
"Investors are taking notice of these returns and have poured more than $327m into LIT since the start of the year. This surge in new money pouring into LIT — which represents roughly three times the assets managed by the fund in January 1st — shows no signs of slowing down, as the fund has seen inflows of $116m in the first two weeks of September alone."
https://www.markit.com/Commentary/Get/20092017-Equities-Lithium-rally-electrifies-sceptics