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.
This was one of the most boring days as far as the activity in the Daily Uranium Index is concerned. The Index barely moved and the up and down stocks were an even split. Maybe something will happen tomorrow to get the juices flowing.
The Merv’s Daily Uranium Index closed the day barely on the down side by 0.05 points or 0.03%. There were 22 winners and 22 losers with 6 sleepers. Cameco gained 0.9%, Extract lost 3.1%, Fronteer lost 4.2%, Paladin gained 1.1% and Uranium One gained 1.0%. The best daily winner was Uranium Resources with a gain of 11.6% while the worst daily loser was Forsys Metals with a loss of 9.1%. Market Vectors Nuclear Energy ETF gained 0.8%.
Nothing has changed from the week-end so all time periods remain BULLISH. As for the immediate direction of least resistance, I guess I’ll stick with the down side for another day.