Global markets are a mess, let’s not sugarcoat it. However, some specific commodities continue to do well. Not only silver as explained in Silver Might Emerge As One Of The Few Winners In These Messy Markets but particularly green battery metals continue to rip higher! As global markets are shaking the price of cobalt continued to move higher, on Friday. We have been very, very vocal for a long time to focus on these green battery metals. Our Momentum Investing portfolio tips are all higher in January as opposed to crashing tech stocks! There is a reason why we said that green battery metals would qualify as THE Biggest Investing Opportunity Of This Decade but also why we published a Wildly Bullish Cobalt Stocks Forecast For 2022.
The cobalt price chart says it all: on a pretty aggressive selling day in global markets the price of cobalt went up. It’s a small price increase, admittedly, but it comes after a month of consolidation in the context of a medium to long term bull run.
The long term cobalt chart is pretty clear: wildly bullish! A big reversal is now ready to accelerate its move higher. It is clear that cobalt is eager to move to all time highs.
In our Momentum Investing portfolio tips for long term investors we created a selection of 10 green battery metals. All of them, without any exception, trade higher in January of 2022. While it might be too late to enter some of them (after really wild runs higher in the last 6 months) we certainly recommend looking at the laggards.