iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,452 Blog Posts

Trump Wants America to be ‘Top of the Pack’ in Nukes; Exodus Suggests the Sector is Oversold

Many of you know my signature all for 2017 was $UEC, with a side order of $URG.

Since peaking about a week ago, the uranium sector has sold off — providing an entry points for late comers who didn’t believe the hype when I was buying it 60% lower.

Today, our beloved President reaffirmed his affinity for nukes, saying that we should dominate the industry of world ending weaponary — casting aside the borscht eaters in Moscow and the dog chop lovers in Beijing.

On Jupiter’s stone, Exodus is flagging the sector to be oversold, making it a great time to grab some gusto and dive into the radioactive clouds that both heat our homes and will lead to our total extermination.

Below is the proprietary market timing oscillator I developed for the nuclear sector. We are now at the bottom of the recent range, an indicator that we are oversold and should revert to the mean soon.

If the bedraggled nature of the unranium sector is keeping you at bay from taking out a second mortgage and betting it all, consider the only publicly traded ETF, URA, as a suitable, albeit less volatile, alternative.

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5 comments

  1. natehois

    We should be nuclear powered

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  2. john_galt

    perhaps on retest of 50 d m.avg.

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  3. fellowtradr

    Get a load of that horizontal UEC channel. Last chance to buy before it bounces off support.

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  4. chuck bennett

    Hahah.

    This is awesome

    Regards

    Chuck Bennett

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  5. brvalentine

    Strategic Metals will be hoarded. All ‘ium’s and then some.

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