Only one reader got both hints (almost) for last week’s charts quiz, despite our attempts to hit you over the head with them.
Sure, even with lithium’s increased geopolitical importance, it might’ve been ambitious to think someone would know the CME launched a spodumene futures contract last year.
But 1) the post’s subhed was a line from Nirvana’s “Lithium”, 2) the picture was from Nirvana’s “Lithium”, and 3) we changed the beginning date on the chart so the line didn’t actually start until the futures contract launched.
More readers submitted correct guesses about the PNUT shitcoin, which is one of the dumbest lines to be used on an FTAV quiz.
Anyway, here are your chart answers to review:
This is the stock chart for Snap, which has been mentioned offhand as a potential acquisition target for AppLovin.
This is the CME’s new spodumene futures price (continuous, via FactSet).
And this is the market capitalisation of the Peanut the Squirrel shitcoin (PNUT).
Big congrats to Erik Johnsson, who has outquanted the rest of you. Unclear whether he got the Nirvana references, though. Better luck next week.