Buy the breaks don't chase.
Best Uranium stocks
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Gap close in UEC. DNN and UUUU didn't go low enough to add. We take out yesterday's highs and close two consecutive days above and we might have something. Buy Red not Green.
I'm sorry...did you say something? I was distracted.
DNN UUUU and UEC soon to run up against a halfway back move toward recent highs. DNN needs to close a couple days over $1.40. Right now UEC looks the best of the 3. CCJ has that troubling gap below but it does not necessarily have to close could just be a breakaway gap.
Coiling for a decent move now in UUUU UEC DNN and CCJ.
Coiling for a decent move now in UUUU UEC DNN and CCJ.
The Maven is one smart lady.
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Yeah it is a bull market same as Gold and Silver. The 64K question is will there be another violent shakeout dead ahead?
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Russia and Ukraine collectively supply 10% of world uranium. If there's conflict there, there's likely to be supply disruptions. ...and if the theoretical conflict also causes disruptions in bordering Kazakhstan...then that percentage of supply disruption could rise to 25%.
In the market already. News could not be better for Uranium than it currently is. Must be digesting outsized gains over the past couple years. Might take more time than you want to base and move up for real.
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The market can't price the known or unknown unknowns, only known probabilities. The situation in the area changes on a daily basis. That's immediately apparent in the wild swings of palladium lately...because Russia dominates palladium supply. Thus far uranium hasn't moved a twitch while all this stuff has been escalating, but then spot uranium isn't much of a thing either, because most uranium is sold off in long term contracts rather than to the spot market.
The exception is the low cost producers in Kazakhstan, which dump lots of cheap uranium supply on the spot market. If that gets interdicted or even restricted, spot uranium will move.
The exception is the low cost producers in Kazakhstan, which dump lots of cheap uranium supply on the spot market. If that gets interdicted or even restricted, spot uranium will move.
I don't think Uranium stocks being down 25-50% was an indication of a lessening of tensions in the region. Non starter for me.
The stocks were into resistance could not advance and are selling off. Putin was never going to go into the Ukraine.
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It doesn't matter much what does happen, all that matters is what people think may happen. ...and if Ukraine joins NATO, Putin will absolutely invade Ukraine imo. Anyway, it's the US pushing war, not Putin. The US state department is blathering about Russian false flag operations, because they're planning to do precisely that themselves.
The US is a crumbling empire gasping for life, the treasonous scumbags running this ship will be warmongering, and the current white house occupant is practically on Xi's staff. IOW the bogeyman will be Putin. Perhaps a new cold war is good enough for the warmongering douchebags in the pentagram, and perhaps not, but either way the tension there will not abate anytime soon.
The US is a crumbling empire gasping for life, the treasonous scumbags running this ship will be warmongering, and the current white house occupant is practically on Xi's staff. IOW the bogeyman will be Putin. Perhaps a new cold war is good enough for the warmongering douchebags in the pentagram, and perhaps not, but either way the tension there will not abate anytime soon.
I agree with all of this.
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Palladium is up 3.21% today(so far), 3.16% this week, 22.60% this month and is down 1.08% YoY. All of this due primarily to the prospect that Russian palladium supply may be jeopardized. Perhaps if uranium producers had widespread contributions to the spot market, then uranium would be acting similarly, but that's not the case. Doesn't mean the prices won't move on new information that affects the spot supply going forward, though on a delayed basis. Interesting times.
Got the rug pull not that bad it could have been worse. For the short term only I think it is important that DNN UUUU and UEC hold today's lows on the weekly close tomorrow. UEC could drop into the mid $2.80's. Today's low was $2.93. So we are looking at halfway back from the recent highs and recent lows. Low volume today.
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If you're gonna hit up a girl in a bar, might as well hit up the big-boobed supermodel.As if the underlying stocks aren't volatile enough.
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You may regret it tomorrow, but the payoffs could be legendary. . . We will see.
As with options, time decay is the issue. Not only do you have to pick a good horse, it's got to finish the race before he gets put out to pasture. Hopefully, he'll go out to stud first.
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Leaps, synthetics, and zebras...can virtually eliminate theta decay...though yeah, it has a learning curve and it's not for everyone.
There's definitely value/peace of mind in having lower volatility and no time component as in stocks.
There's definitely value/peace of mind in having lower volatility and no time component as in stocks.
I look at the stocks as calls on uranium (or gold, silver, whatever) with no expiration date.
A stock like Seabridge has +75 million ounces in the ground, just waiting waiting waiting for the right partner and the right price to harvest it all.
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Full speed ahead at the open Monday morning in Aussieland.
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If cryptos are still NDX correlated, then US markets are heading for an ugly opening...yet uranium stocks must decouple at some point as energy keeps surging.Full speed ahead at the open Monday morning in Aussieland.
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NAS futures down 235 as I type.
Pre-Markets
Where the stock market will trade today based on Dow Jones Industrial Average, S&P 500 and Nasdaq-100 futures and implied open premarket values. Commodities, currencies and global indexes also shown.
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Uranium correction in progress. Warrants are dropping like whore's drawers (pronounced "hoor's droor's").
This sucker for punishment is dipping a toe in. My prediction is that it's up 10% tomorrow.
This sucker for punishment is dipping a toe in. My prediction is that it's up 10% tomorrow.
64/40 million pound supply deficit.
John Quakes
@quakes99
Morgan Stanley #Uranium supply-demand model puts 2022 mined supply at 139.6M lbs vs #Nuclear demand at 203.6M lbs for primary deficit of -64M lbs(UxC= -65M lbs) +24M lbs Secondary Supply for Net 2022 supply deficit of -40M lbs. Year-end Spot/Term U price forecast=$63.60/$66.60
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John Quakes
@quakes99
Morgan Stanley #Uranium supply-demand model puts 2022 mined supply at 139.6M lbs vs #Nuclear demand at 203.6M lbs for primary deficit of -64M lbs(UxC= -65M lbs) +24M lbs Secondary Supply for Net 2022 supply deficit of -40M lbs. Year-end Spot/Term U price forecast=$63.60/$66.60
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nostraThomas UBull
@SloCan68
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Denison Up 6.5% In US Pre-Market As Details Discovery of High-Grade Uranium Mineralization At Waterfound JV
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@SloCan68
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Denison Up 6.5% In US Pre-Market As Details Discovery of High-Grade Uranium Mineralization At Waterfound JV
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