What’s That Smell?
Uranium Normal During War Drama
Now Resuming its Bull Market
The Uranium sector is breaking upward from a bull flag/corrective consolidation channel
While some stocks went up (especially in the Oil/Gas and Fertilizer/Ag sectors) and many went down during the worst of the war related headlines (and in software, the AI-mageddon hype), stocks in the Uranium sector maintained an orderly correction/consolidation that began pre-war.
The sector finally came to a technical “buy” as it generally tested the uptrending 200 day moving averages (orange line on the chart below) and maintained its major uptrend. When is an optimum time to buy a market or stock? During a correction within an intact uptrend, that’s when.
(more…)The Sad Decline of Lucid
On the drive up to Tahoe yesterday, I passed by the only Lucid dealership I’ve ever seen. If you don’t know the firm, it’s basically an electric car maker whose only benefit was that Elon didn’t own it, so folks bought Lucid instead of Tesla as a protest. Their mistake, because the car isn’t nearly as good, and I think that’s reflected in the long-term price chart of LCID:
Bear Devastation Bar
Next Week Brings the Heat
