Derivative Trades – Aftermath of Japan Quake
Yes, this is capitalism. There's wide devastation in Japan and here we are talking about investment opportunities. I hate it but this is the stock market, this is capitalism.
Uranium Stocks are Dead (for now)
Uranium stocks got clobbered today, on avg down 25% or so. This is mainly due to the concerns that nuclear power might not be a viable energy source as memories of Chernobyl come back to remind the world the dangers of nuclear meltdown.
So, what industries might benefit from the reconstruction of Japan?
1) Natgas
2) Lumber
3) Copper/Aluminum/Steel (base metal complex)
4) Solar
I'll give more details in a follow up post of specific companies that might benefit from the reconstruction efforts. But There are many unknowns right now as the world markets are still figuring out the total damage caused by the quake and the tsunami.
