We just added exposure to Global Lithium & Battery Tech ETF ($LIT). Why? Because this ETF is pushing into a two-year high, and the breakout setup is too important to ignore.
Inside LIT are the companies fueling the backbone of the energy transition — miners, refiners, and battery tech names like Albemarle, Ganfeng Lithium, Químicay, Minera, Panasonic, and Tesla. These aren’t fringe players; they’re the firms supplying and scaling the critical resource that powers EVs, energy storage, and new grid infrastructure.
For the past two years, lithium has been in a brutal bear market — prices collapsed, sentiment washed out, and investors left the space. But price action doesn’t lie. Take a look at the chart: