In the morning! Biochemist Major. Genetic and BioMolecular Science PhD. Stem Cell and Epigenetic Researcher. Trader and Investor. URANIUM...Gold,BioPharma,Tech
@TheMaverickWS My 2c is that the American consumer is maxed out. It would be inflationary if they just kept bidding higher for those products but they are more likely to just cut consumption and don’t buy the Temu garbage which would hurt Chinese more.
@mark_rivieccio@RBReich So if you are up 25% in a year and then -30% next year without even realizing a gain but having paid taxes ….how would that work? It’s idiotic. It isn’t a gain…the name says it pretty clearly, “UNREALIZED”! Paying imaginary profits with real money….yeah sure, makes sense
@moniology To be fair we have seen bounces higher than 10% from the bottom and the bounce has been bigger than the markets but yeah ccj is outperforming
@moniology Little reprieve going into the close and now we have $aapl and $Amzn so let’s hope they don’t sower the mood even more … but more importantly it’s a risk off Friday with all the BS in the Middle East
We're looking at capitulation level selling in the #uranium sector today and it's not driven by fundamentals ⤵️
We still got a massive supply/demand gap
We still got 2.1 billion pounds (and growing) in uncovered demand out to 2040
We still got spot and term prices holding firm
@416Bread@Reds72504883@moniology when the big guys want in they will short the hell out of it with unlimited money o they can shake everyone's out of their shares......rigged against the mom and pop investor
@moniology getting no relief....that 200 day MA is now a strong magnet and will probably visit it before earnings. which is great because it makes a perfect position to rally from on the strong uranium fundamentals but if the short term pain is big
:(