RE:RE:on the other handok - you are entitled to your opinion but the relationship between equities and crute futures as of late is common knowledge - I am just paraphrasing what every expert trader will tell you. It does not make sense but it has been a strong correlation lately (especially oil with other energy commodities).
also tied in with this is the weak USD index set up by Yellen's dovishness and the cheaper cost of commodities which are priced in USD.
The macroeconomics are far more important then the useless pumping by quakes and co. If uranium makes a bull run it won't matter what company you are in. Look at the dash for trash with base metals and oil juniors. Companies on the verge of bankruptcy all soared.
JMHO
Realstone wrote: Your many posts about FCU tracking alongside oil got me curious. You're not even close!
MissingA9 wrote:
If this is related to oil - possible slight increase in FCU interest could be due to diversification of commodity bull which could be good if the commodity run is sustained but sheesh - who knows how that is going to go. 1/2 of the analysts say oil under 20 and the other 1/2 say oil at 50.
and the fact that Uranium spot is in the toilet is not helping matters
wish i didn't throw my crystal ball at the TV when they announced the FCU:DML merger last year!!