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.
Other than we have had a couple more days on the down side, nothing horrible but still on the down side the weekend analysis is still basically valid so I’ll save myself some time and recommend the weekend commentary. All time periods remain BEARISH.
The Merv’s Daily Uranium Index closed today on the down side by 0.80 points or 0.46%. There were 17 winners, 28 losers and 5 bummers. Cameco gained 0.1%, Denison lost 0.5%, Extract gained 3.8%, Paladin gained 1.3% and Uranium One gained 1.6%. The best winner was Forsys with a gain of 10.3% while the loser of the day was Wealth Minerals with a loss of 15.8%. Market Vectors Uranium + Nuclear Energy ETF gained 0.5% while Global X Uranium ETF lost 1.2%.
Hopefully there will be better action ahead to write about.