Daily Poll: I notice everthing. Nuclear stocks are being noticed by retail trade
Uranium stocks are on the move today. Related companies are gaining benefits from their attention.
$Cameco (CCJ.US)$
$Cameco (CCJ.US)$
We have Reddit to thank for uranium stock running higher on Monday. Traders over on WallStreetBets and other forums are hyping up uranium companies as the next big investment. This has investors’ interest in them increasing and with that comes more trading and higher prices.
There're two possible reasons for the recent upward trend:
First, Demand for Uranium Keeps Soaring as Supply Fails To Keep Pace.
The COVID-19 pandemic slashed the global supply of Uranium by around 30 percent as mines stopped producing. Meanwhile, the demand for Uranium keeps increasing. Currently, there are 444 nuclear plants operating globally, while another 51 are in the construction phase.
In another recent development that received a lot of attention from Uranium bulls, Japan is now restarting its nuclear power plants that were idled back in 2011 following the Fukushima disaster.
Do you think this trend is solid? Or just another over-rated topic pushed by apes?
Three of the most pure-play uranium ETFs:
$Global X Uranium ETF (URA.US)$
$Exchange Traded Concepts Trust North Shore Global Uranium Mng Etf (URNM.US)$
$VanEck Uranium and Nuclear ETF (NLR.US)$
Source：
Uranium ETFs Are All the Rage These Days, and Retail Traders on WallStreetBets Are Noticing
3 Uranium ETFs That Pack a Nuclear Punch
There're two possible reasons for the recent upward trend:
First, Demand for Uranium Keeps Soaring as Supply Fails To Keep Pace.
The COVID-19 pandemic slashed the global supply of Uranium by around 30 percent as mines stopped producing. Meanwhile, the demand for Uranium keeps increasing. Currently, there are 444 nuclear plants operating globally, while another 51 are in the construction phase.
In another recent development that received a lot of attention from Uranium bulls, Japan is now restarting its nuclear power plants that were idled back in 2011 following the Fukushima disaster.
Do you think this trend is solid? Or just another over-rated topic pushed by apes?
Three of the most pure-play uranium ETFs:
$Global X Uranium ETF (URA.US)$
$Exchange Traded Concepts Trust North Shore Global Uranium Mng Etf (URNM.US)$
$VanEck Uranium and Nuclear ETF (NLR.US)$
Source：
Uranium ETFs Are All the Rage These Days, and Retail Traders on WallStreetBets Are Noticing
3 Uranium ETFs That Pack a Nuclear Punch
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Mcsnacks H Tupack : The Pentagon announced over the weekend they are funding New sites for development of rare earth minerals in the US, to start minimizing its dependence on foreign countries for them.
YNHS : wow
Mjnaw YNHS : Bro do all the tasks to solve points and deposit
SheezusMoberry : Interesting....haven’t looked into this sector yet
LTCM : will this be the start of a new long term uptrend since Fukushima?
GTGC : ah
GTGC : ah
JackieRose : Thats new to me, i'll google it later.