Technical Note – Caution on Uranium Stocks

Uranium stocks have had a tremendous run in the last few months. Given the rally we had in the markets yesterday (+2% moves in markets), the uranium stocks didn't participate in the rally.

Given the tremendous run, caution is ahead for the uranium plays.  At some point, we'll get a substantial correction in these plays, which will be another opportunity. 

This entry was posted on Thursday, December 2nd, 2010 at 9:39 am and is filed under Commodities, Original Articles, Trading, market commentary. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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