SheezusMoberry
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SheezusMoberry
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Uranium stocks are on the move today. Related companies are gaining benefits from their attention.
$Cameco (CCJ.US)$
$Energy Fuels (UUUU.US)$
$Denison Mines (DNN.US)$
$NexGen Energy (NXE.US)$
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
$Cameco (CCJ.US)$
$Energy Fuels (UUUU.US)$
$Denison Mines (DNN.US)$
$NexGen Energy (NXE.US)$
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
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SheezusMoberry
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Hi, mooers! Father's Day is coming!
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NOW it's time to calm down and ENJOY some fun stuff from mooers![]()
in moo community this week.
Hope this can make your day! Of course, your friends are also welcomed here. It would be wonderful to share the joy of this post with them! LOL......
We'd like to invite you to enter Father's Day Contest: My NO.1 trading rule in moo community.
You will get a chance to win Free $BlackBerry (BB.US)$ stocks!
Back to moohumor, how's your profit or loss this week? Red or Green?
NOW it's time to calm down and ENJOY some fun stuff from mooers
Hope this can make your day! Of course, your friends are also welcomed here. It would be wonderful to share the joy of this post with them! LOL......
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Im an orphan so the #1 rule Is teaching my children is ‘always do your due diligence and know why you’re investing’. No one can steer you wrong if you go into every trade with understanding.
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SheezusMoberry : Yippee it’s back to where it was 5 MONTHS AGO when I bought it...