Uranium outperforming a hot market

icon1 Posted by webmaster in Cameco, Uranium News, Uranium Stocks, ccj on 07 24th, 2009 | one response

If you’re long in the market the past few weeks have been a god send. However, even the hot stock market can’t match the recent gains of uranium giant Cameco.

Below is a percentage gain chart via Yahoo Finance. Cameco is represented by the blue line, the Dow in red.

uraniumvsmarket.png

Ok, so CCJ isn’t beating the Dow by much. But it’s still beating it. For the year it’s not even close, CCJ is dominating the markets. Of course, as a Uranium trader you already knew this… Still, with recent market fluctuations it’s a welcome change to be celebrating overall market strength.

The next few weeks should be an interesting time for the sector. Hilary Clinton is making a visit to India to discuss nuclear rectors and technology. And on August 12th Cameco will present earnings. Can the sector maintain it’s strength? The next few weeks should help us forecast the remainder of 2009 for the industry.

One Response to “Uranium outperforming a hot market”

  1. Uranium outperforming a hot market · Stocks.ExplainedHere.Com says:
    July 24, 2009 at 10:59 pm

    [...] Original post by Uranium Stocks | Canadian List News [...]

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