Merv’s Daily Uranium Index
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.
Another mild down day. We remain in that short term box going nowhere.
The Merv’s Daily Uranium Index closed lower by 0.25 points or 0.15%. There were 20 winners, 24 losers and 6 ho-hum. Cameco gained 0.4%, First Uranium was a ho-hum, Paladin lost 0.3%, Uranium One lost 0.7% and Uranium Participation gained 0.3%. The best winner was a tie between Xemplar and Forum with gains of 6.3% while the loser of the day was Alberta Star with a loss of 13.1%, maybe something about that reverse split did something to the stock. Market Vectors Nuclear Energy ETF gained 0.1%.
I’m deep into getting my computer back up to steam loading all my programs and stuff. Totally lost my hard drive and programs with it. Good thing I have most of the programs on CD and data saved on a back-up. Still it takes time. So, since nothing has happened today with that miniscule decline I’ll just go directly to the ratings, BEARISH on the intermediate term and BULLISH on the short term. The direction of least resistance remains the lateral direction.