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.
Up it goes, down it goes. I guess it was yesterday that was the day of knee jerk reaction. Today is just a continuation of the plunge from the other day, only starting at a higher level. Despite these few days of gyrations nothing much has changed as far as the indicators and ratings are concerned as of the day’s closing.
The Merv’s Daily Uranium Index closed lower by 2.08 points or 1.10%. there were 18 winners, 28 losers and 4 stocks going nowhere. Cameco lost 1.5%, Extract lost 0.9%, Fronteer gained 1.1%, Paladin lost 0.3% and Uranium One lost 1.6%. The best winner of the day was Terra Ventures with a gain of 15.6% while the loser of the day was Uranerz Energy with a loss of 9.8%. Market Vectors Nuclear Energy ETF lost 1.1%.
Full review on the week-end.