In this video I take a technical look at the gap down in Cameco last week. Will it derail the uranium bull? Also I take a look at URA which saw big volume on Monday.
In this video I go over a great article that I found that perfectly describes sentiment in the uranium market after a major bear market. Next I discuss last week’s action in uranium miners which was indicative of a new Stage 2 bull market in uranium miners. Lastly I discuss what it takes to make big money in trading, and why it is hard for people to do that crave action in the markets and lack a certain trait.
In this video I go over some of the big gaining sectors of 2016 and how they moved into Stage 2 bull markets during the year. Important lessons can be learned by studying past winning situations to prepare for new opportunities as they arise.
In this video I discuss and show how bear markets produce phenomenal bull markets. In 2016 a number of bear markets ended in different sectors which produced big returns for the sectors that emerged from bear markets. Looking forward into 2017, uranium and a few other sectors could potentially follow the same pattern and emerge from bear markets.
For more information on the trend following system I use to analyze the markets check out my Stage Analysis page.