head and shoulders about to go terminalthe charts are saying something about #lithium and the #battery cars that you won't see on the twitter.
LIT trade ideas
Will we see batteries powering large containerships?When it comes to batteries, automobiles have stolen the lion’s share of our attention. From there, people may naturally think about our smaller devices that also use batteries. The idea of large ships or planes being powered by batteries—many of us would have a natural intuition that there could be obstacles to widescale usage.
Maritime shipping: lots of pollution and regulations are on the horizon
Maritime shipping is responsible for the transport of roughly 11 billion tonnes annually, which, put another way, accounts for 90% of global trade by mass. This is done through the consumption of about 3.5 million barrels of low-grade heavy fuel each year1.
This fuel contributes significantly to pollution. How much pollution?
- One estimate placed the contribution of ships to human-generated carbon dioxide in the 2018 year at 2.5%. It is possible that by 2050, ships could be responsible for as much as 17% of total carbon dioxide emissions2.
- Another estimate indicated that one large ship emits as much carbon dioxide as 70,000 cars, as much nitrogen oxide as 2 million cars and as much fine dust and other carcinogenic particles as 2.5 million cars3.
The International Maritime Organisation (IMO) has indicated action to reduce maritime emissions consistent with the Paris agreement. One component: A reduction of 50% of carbon dioxide emissions by 20504.
What do ships do today?
Ships are already seeking to optimise their routes or travel across the water more slowly, which can use less fuel. There is even work being done on hybrid systems. However, whether it is traveling more slowly or using methods of being ‘hybrid’, meaning mixing an electric motor with an internal combustion motor, it is currently thought that the reduction in emissions would be in the range of 10-15%--better than nothing, but not close to 50%5.
Ships vs. planes—the story of energy density
Whether one is flying through the air, taking off from the ground, or pushing a ship through the water, it is fairly simple to know how much energy is needed to do each of these things. Here, we are considering the source of that energy, and it’s important to note that any source could theoretically be used, but that there are certain trade-offs that occur with each choice.
The simplest of these trade-offs comes down to ‘energy density’, meaning how much energy can be extracted per unit of weight. Hydrocarbon fuels have significantly higher energy density than current batteries, and this is why people will tend to cite the weight of the battery in an electric vehicle or the fact that adding batteries to planes has a big increase in weight that is difficult to compensate for. Depending on the specific type of fuel under discussion as well as the specific battery chemistry, statistics indicate that hydrocarbon fuels are in the range of 50-100 times as energy dense as current batteries6.
The bottom line—with hydrocarbon fuels you can get the same energy for a lot less weight.
Now, in a giant containership, weight is a lot less of a concern than it is for a vehicle that needs to take to the skies. There could even be benefits from distributing the weight across the ship such that it sits more evenly in the water.
If one is looking at a current setup that causes a lot of pollution and where adding incremental weight may not be the biggest concern, maritime shipping could offer a lot of ‘bang for the buck’ so to speak.
Fleetzero—a start-up bringing battery power to maritime shipping
It’s notable to see the founders of Fleetzero flipping the key question on its head—instead of trying to use batteries on the largest current ships to replace the dirty, pollution-generating fuel for power, they recognised that the reason that ships operate the way they do, with the capacity to go around the globe on a single tank, is due to the historical path of innovation that has led us to this point. Smaller ships that stop more frequently in different ports could much more easily use battery technology for power7.
Instead of changing ships that were optimised for fossil fuels, why not rethink how ships are built and operated around battery technology?
Fleetzero’s innovation would include batteries that were the size of shipping containers that could be swapped on and off the ship and charged at times of the day when the price of electricity was lower. They are in the process of building these prototype batteries, and over time they would seek to be building entire ships. Customers are already indicating the demand for ‘zero carbon shipping’—firms like Ikea, Patagonia and Amazon are already discussing this with a timeline of getting it done by 20408.
It's notable that this approach would allow for further innovations in battery technology to be reflected in the batteries being swapped in and out, so as new energy storage systems gain primacy, Fleetzero’s systems could reflect it and take advantage.
Energy storage represents one of the most exciting focus areas of the coming decades
With the world’s focus on climate change, a catalyst is therefore created for a continual focus on different ways to effectively store energy for ‘on-demand’ use. Energy supplies are nearly unlimited—just think - if we could effectively corral and capture all of the sun’s energy hitting earth on a given day, but the challenge is in converting it into a form that can be stored and used as and where needed. So many different technologies are being explored that we are certain the coming decades are going to be quite interesting in terms of unpredictable breakthroughs.
Sources
1 Source: Kersey et al. “Rapid battery cost declines accelerate the prospects of all-electric interregional container shipping.” Nature Energy. Volume 7. July 2022.
2 Source: Kersey et al. July 2022.
3 Source: www.infineon.com
4 Source: Kersey et al. July 2022.
5 Source: Kersey et al. July 2022.
6 To cite an exact figure, one would need to specify a precise type of fuel and a precise type of battery chemistry. That was not our focus here, but there are many potential sources available to drill down further.
7 Source: Peters, Adele. “This start-up designed an electric cargo ship to cross the ocean.” Fast Company. 6 April 2022.
8 Source: Peters, 6 April 2022.
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.
LIT - Lithium Large runup in this large ETF?
FED still tightening,
narrative of an ESG been priced in? Hard to see further upside.
Possible H&S pattern, a fair way from average 200WMA, and looking bearish on the daily.
Taking profits on Lithium plays. Leaving initial stake.
LIT - Lithium ETF setting up: 5 month basing patternBasing for 5 months. Confirmed breakout, pullback and reversing back up.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
LITHIUM ETF - 4 times Higher Already 🚀👷🔋LITHIUM is FLYING!
Check our idea/post from June 17th of last year as well as November 2020
It was obvious fundamentally that this was going to happen, for one too many reasons you can read about in those 2 previous posts.
If something has changed is only positive, with Lithium Americas, Albemarle, and JinkoSolar Stocks went off like rockets on Monday, responding to a Biden administration plan to quadruple the share of green energy in America's economy by 2030.
President Joe Biden calls for 80% green energy in the U.S. Renewable energy stocks react.
Long story short, the Biden administration's proposal for "greening" the U.S. economy could be great news for both solar stocks and lithium stocks -- if the revolution happens. On a more cautionary note, WSJ observes that while you shouldn't "bet against a committed U.S. federal government and a supportive populace," the plan "envisions triple-digit billions of dollars of tax credits for clean energy over the course of a decade. But aren't in the bipartisan infrastructure bill" currently working its way through Congress.
It's not yet certain that either Congress or voters will support spending "triple-digit billions" to subsidize green energy -- or pay the higher tax bills that those subsidies imply. In the meantime, S&P Global data shows that none of the three stocks named is currently generating positive free cash flow from their businesses. Unless subsidies are forthcoming, it remains to be seen if they can be profitable on their own.
One Love,
Let's go to 110 LIT ETF,
the FXPROFESSOR 🔋🔋🔋🔋🔋
Lithium ETF set to tighten up at these levels.Been bouncing off uptrend on the weekly, and last 3 weeks have been strong for LIT. Will need a month at these levels to tighten up before breaking to new highs. Lithium stocks have been moving well, VUL, PLS to name a couple. I would look to start adding to a medium term position in one of these 2 companies based off lithium movement.
$LIT - sitting on 20MAI like this setup right here. Breakthroughs in lithium batteries happening as we speak.
Lithium - LIT - LongUpward going trend channel for Lithium ETF.
As the reopenings worldwide are due to happen, electric cars are getting more popular and every world leader wanna "save" the palnet from climate changes, this one is rightful for a upward trend.
Possible resisstance levels to test.
LIT ETF - ready to rise?The Global X Lithium & Battery Tech ETF (#LIT $LIT) is offering seemingly a good/risk reward entry.
LIT ETF signs of life again for move up.Price action is looking semi decent. Id prefer some tight green days next week to signal sellers dying off, but also a push above 65 and pull back to 63.50 will work just aswell.
Lithium ETF bullish if closes above $61 on daily.After a rounding candle like move over the last 6 days with a green candle yesterday, i feel a close above the $61 mark may be on the table today or tomorrow. Lithium stocks are starting to move, alongside tesla again (i feel like they are correlated in current market 😅). So a good move by the lithium ETF will signify a change in price action and it can start making an uptrend.
LIT My vision about Lithium ETFIf price breaks out this rectangle it's interesting to open a long position
Closing (IRA): LIT April 16th 54 Short Put... for .17/contract.
Notes: In for 1.20, out for .17/contract here; 1.03 ($103) profit per contract.
OPENING (IRA): LIT MARCH 19TH 58 SHORT PUT... for a 1.16/contract credit.
Notes: 30-day at 58.6% and expiry-specific at 57.2%. Unfortunately, not the most liquid thing in the world, so expect to do some price discovery or be patient for a fill.
Lithium ETF for all lithium movementsI analyse this when looking at lithium stocks aswell.. gives you an idea of how the general lithium market is moving. As can be seen, lithium is deep in the red recently and we want to see the price stay above the trendline. Any positions in vul, mns, lke or other lithium stocks need to be accompanied with knowledge of this chart as it will tell you the overall movement of lithium.
Not worried yet about a break in trend, but still alot of selling volume in the space.
Opening (IRA): LIT April 16th 54 Short Put... for a 1.20/contract credit.
Notes: Ranked second in my exchange-traded fund watchlist for 30-day implied at 57.1% (MJ's in first place at 73.1%), selling premium in the April monthly (45 Days 'Til Expiry). 2.27% ROC at max as a function of notional risk; 18.4% annualized.
Lithium goes to the moon The EV and Solar battery storage era has pushed the demand for lithium.
just look at it go ...
Lithium ETF - Needs a small pause to recharge 🔋🔋🔋Lithium has been one of our most successful 'explosive' trades and it has proven as right.
Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since.
Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then.
At this stage we have reduced our positions dramatically as we expect a correction as shown on our chart.
ps. we do a LOT of research on Lithium and others. We highly recommend this YouTube channel📺 for Lithium research, news and interesting facts, as well as plenty of Tesla research and analysis.
(and also this Lithium from the legend, Kurt Cobain👼🎸)
Bull flag broke, with a long history of bull flagsPretty simple, picked up $75 calls at bottom of flag, this should break up to new highs over the next week PT $80
Stable growth for Global X Lithium (LIT)Fundamental Analysis.
1. Industry: Lithium ++
2. Price: Stable growth
3. Upward potential: 20-100%
4. Risk-Reward Ratio: 1:8
5. 5Y EPS Growth:
Technical Analysis.
1. Volume is growing
2. Support of the MA30
5. Short-term target: 80
6. Long term target: 100-150
Buy above 68If it holds the 1.618 from the previous all time-high to all-time low at 67.94, it's a buy. Daily closes below that level should be the stop loss. If it corrects to 48, buy with both hands.
