Lithium Stock Could Explode on New Commitments from Automakers 💣

Don't miss these red-hot stocks... [Image](www.elitetrade.club) Good Morning! Hey, guys and gals. It's Chris from Elite Trade Club, here to give you the day's premarket trading news. Today is Wednesday, July 13th. Let's get ready to trade! Markets 📈 Stocks sagged again on Tuesday, as the S&P 500 lost 0.9%, and the Nasdaq fell 1.0%. The Dow posted a 0.6% loss on the session, while the small-cap Russell 2K declined 0.2%. Today, futures are currently in the green, with S&P 500 contracts showing a 0.2% gain. Sponsored [Lithium Stock Could Explode on New Commitments from Automakers 💣]( EV Commitments From GM & Volkswagen Spark Could send this lithium stock into a supercycle. More and more automakers are pledging to go "fully electric" by 2035. So, NOW is the perfect time to get in on the ground floor of the "EV Revolution" However, buying overvalued electric vehicle stocks isn't the way to play iit. Instead, check out this up-and-coming lithium stock that could be set to corner the domestic market. [Get a Full Report on This Under-the-Radar Lithium Stock Here]( Premarket Highlights 🔎 - The consumer-price index is expected to have increased 8.8% in June from the same month last year, marking an 8.6% increase from May's figure. - Shares of Unity Software are down after the company announced an agreement to mere with app company IronSource. What to Watch Today 👀 June CPI Investors are eagerly awaiting this morning's consumer price index report, which is expected to show inflation to come in at around 8.6%, marking sharp increases from both the previous month and year-over-year. The 8:30am report will set the tone for today's trading session. International 🌍 Asia Japan's Nikkei 225 added 0.5% overnight, while India's BSE Sensex lost 0.7%. The Hang Seng Composite fell 0.2% in Hong Kong. Europe European markets are showing sharp losses midway through the across-the-pond trading session. Britain's FTSE 100 and the Euro Stoxx 600 are both down 0.8%, and Germany's DAX has fallen 0.9% on the session. Major Earnings 💰 - Washington Federal [WAFD] ... PM - The Valens Company Inc. [VLNS] ... PM - Delta Air Lines [DAL] ... AM - Fastenal [FAST] ... AM Economy 🏗 - Consumer Price Index [Jun] ... 8:30a Running Hot 🔥 Gainers - Minim Inc [MINM] >> +14.2% - Biomx Inc [PHGE] >> +16.8% - Novonix Ltd [NVNXF] >> +15.3% Decliners - Humanigen [HGEN] >> (65.9%) - Applied Genetic [AGTC] >> (52.5%) - Atara Biotherapeutics [ATRA] >> (49.8%) IronSource [STX] - Last Close: $2.23 IronSource is soaring on news of a buyout deal. The app developer has agreed to be acquired by Unity Software in an all-stock deal worth roughly $4.4 billion, representing a 74% premium to its 30-day average exchange ratio. IronSource shareholders will receive 0.1089 shares of Unity common stock in exchange for their shares of STX. The merger is expected to deliver a run rate of $1 billion in Adjusted EBITDA by the end of 2024, and $300 million in annual EBITDA synergies by year three. STX is trading actively with a 65.5% gain on the news. Our Take: Shares of Unity are down on news of the merger, so the market doesn't seem to like this deal for the software firm. Also, the rally probably doesn't have a lot of upside left, but its movement will be largely dependent on Unity's price action moving forward. XORTX Therapeutics Inc [XRTX] - Last Close: $1.22 XORTX Therapeutics is trending on upbeat clinical data. The late-stage pharma firm announced positive topline results from its Pharmacokinetics Bridging Study XRX-OXY-101. Data showed a substantial increase in oral bioavailability of two versions of XORTX's proprietary formulation compared to a control formulation. No patients showed any drug-related adverse effects or serious adverse events compared to oral administration of oxypurinol. XRTX is trading actively with a 94.3% gain. Our Take: The upbeat clinical data could bode well for XORTX, but this rally has already run pretty far. Don't get caught holding the bag if you decide to dip your toe in this one. TDH Holdings [PETZ] - Last Close: $2.06 Shares of TDH Holdings are on the rise after an early morning announcement. The China-based pet food company announced today that it would shelve its plans for a new registration filing. TDH Holdings withdrew a previously issued registration statement in an SEC filing released this morning. PETZ is showing a 13.1% gain on elevated trading volume following the news. Our Take: More shares often mean less value for existing shareholders, so it's not unusual to see a relief rally like this when a company calls off a registration statement. However, it probably won't affect the stock's long-term outlook. Healthcare Triangle [HCTI] - Last Close: $0.8666 Healthcare Triangle is moving higher on the heels of a major announcement. The healthcare information tech firm announced Monday that it had entered into a private placement deal with a single institutional investor for $6.5 million in shares and unregistered preferred investment options to buy up to 6.1 million shares. According to a company statement, the options are exercisable six months from the issuance data at the price of $1.066 per share, and they carry a five-year term. Healthcare Triangle says net proceeds from the private placement will be used for working capital and general corporate purposes. News of the private placement investment is lifting HCTI to a 40.8% gain. Our Take: This is a major vote of confidence from an institutional investor, and the market is taking notice. Clearly, the buyer must see some potential in the tiny stock, so it might be worth looking into if you want to follow the smart money. Invite Your Friends to Join Elite Trade Club and [Start Earning Valuable Rewards Now!](elitetrade.club/referral/?email={EMAIL}) [Image](elitetrade.club/referral/?email={EMAIL}) That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. 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