Its been 12 months since James Cooper suggested backing uramium stocks. But with the sector surging are we due for a pullback?
Dear Reader,
2023 has been a great year for the uranium bulls… A shining light on an otherwise dismal market for commodities.
But if you’ve been sitting on the sidelines, is now the time to jump in? Never miss an updateGet the latest insights from me in your inbox when they’re published.That’s what I’ll try to unpack today.The risks and potential long term opportunity for this once hated sector.So, let’s start by taking a quick glimpse at the recent price action…As you can see below, uranium shot up more than 50% after breaking out of a holding pattern in late April. Source: Trading Economics It’s a staggering move for any commodity, particularly one that’s sat in the gutter for the better part of a decade.But really, the surge was inevitable.This […]
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