On a market overview note, looks like Albermarle prices &...

On a market overview note, looks like Albermarle prices & revenue beat forecasts.

https://www.reuters.com/article/us-...orecasts-on-lithium-price-hikes-idUSKCN1NC2XW

I'd say that is the driver for LIT ETF breakout. Lithium operations have been some of the most profitable this year. Only going to get better in 2019 as new supply isn't forthcoming.

I see also now that Glencore has had to seriously cut Co output due to radiation issues. Va is rocketing still. Battery metal story is only just unfolding. This will be like the Uranium bull run where private price contracts keep gaining due to market demand far outstripping supply.

Unless of course EV's and portable devices suddenly go out of fashion that is.