Thx, I did read it & liked it. GTK. Pls continue to keep us posted.

@rsotc see post above.

Also on the metals. China is requiring that any company that wants to export the metals have a license. The license review time is stated as 45 days. However, I think everyone knows that US licenses will be processed last if at all. With expedited shipping I imagine that the metal export situation will need to be resolved by the first week in July or manufacturing lines in the US and Mexico will begin to stop.

Also, the rare earth metals hold wasn’t paused by China. Many manufacturers run out of magnets between July – October. These magnets are in everything.

China keeps hold on rare earth metals after lifting some U.S. export curbs

Here’s a list of what uses these magnets

• Consumer Electronics and Appliances:
• Speakers and headphones: Rare earth magnets improve audio quality and efficiency. 
• Laptops and computer hard drives: They are crucial for the high-speed data storage in hard disk drives. 
• Electric motors: Found in appliances like cordless tools, these motors are more efficient and compact due to the strong magnetic field of rare earth magnets. 
• Cell phones and other electronic devices: Rare earth magnets contribute to the functionality of vibration motors and other components. 
• Clean Energy and Transportation:
• Electric vehicle motors: They are essential for efficient and powerful electric motors in hybrid and electric vehicles. 
• Wind turbine generators: These magnets are used to convert wind energy into electricity. 
• Hybrid vehicles: Rare earth magnets are used in electric motors and other components. 
• Industrial and Medical Applications:
• Rare earth magnets are used in the strong magnetic fields required for MRI scans. 
• Used in radar, satellite communications, and other applications. 
• Aerospace and defense: They are used in radar systems, missile guidance systems, and other critical technologies. 
• High-end mechanical watches: Samarium-cobalt magnets are used for their stability and resistance to temperature and corrosion. 
• Medical devices: Including hearing aids and other specialized equipment. 
• Other Applications:
• fishing reel brakes Rare earth magnets provide strong and controllable braking. 
• Magnetic separators: Used in various industries to separate magnetic materials from non-magnetic ones. 
• Linear motors: Used in maglev trains and other applications requiring linear motion. 

PLTR cracking below secondary uptrend line after making a marginal new & still divergent high with the next leg down likely to start as soon as QQQ breaks below the uptrend line in the trade setup posted earlier today. Here’s the updated daily chart.