I had a busy day but still managed a gain of +52bps, due to proficient and excellent trading. My YTD now stands at 18.2%. Whilst that number is admittedly in line with the broader indices, I’d like to remind you of this.
Good Sirs/wives of Good Sirs,
You and I are not the same breed of human.
Quickly, I think we have a multifaceted opportunity here with AI, AI databases, and lastly AI power plants. Along the latter chains of power plants, we are looking specifically at nuclear, since it is the best and cleanest form of energy production, save the occasional catastrophe.
You see companies like $CEG, $VST and $TLN cutting deals with $MSFT, $ORCL and $AMZN. Well, this is likely only the beginning of such deals and soon you will learn about plans to convert old coal plants to nuclear, realizing 30% savings in construction costs. Like most trends, I am on top of this one and view the utility space with fresh eyes now, as demand for energy rises thanks to AI and EV.
Some interesting names in the space include $CEG, $VST, $TLN, $PEG, $BWXT, $FLR, $GEV, just to name a few.
“The Fly” is at RECOURD highs and remains at recourd highs, whether you like it or not. I closed with a long book, no hedges, 25% cash, focused on energy.
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Another interesting name in the ‘nuclur’ space is $SMR (NuScale Power) the first small modular reactor (SMR) company to get actual NRC approval. Probably 2 years ahead of others coming into the SMR space.
$FLR owns 51% of them
Solid tips Senior’ fly. Gracias.
CLB = IHS