Streetwise Articles
Invest in WNA Nuclear Energy Index with PowerShares' New ETF
Source: Peter Charles, Seeking Alpha (3/31/08)
The breakdown of the index is as follows; 25% power generation, 25% technology/equipment and services, 20% nuclear fuel, 15% reactor vendors, and 15% construction. The WNA Nuclear Energy Index is comprised of 64 companies. I believe the index levered to the real nuclear economy due in part to the efforts made by the selection committee which is comprised of seasoned industry executives.
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ETFs Are Going Nuclear
Source: U.S. News & World Report (3/26/08)
Soon, there will be two exchange-traded funds that invest in nuclear energy. On April 3, PowerShares expects to launch the Global Nuclear Energy ETF, which will be tied to an index of 66 stocks that includes reactors, utilities, construction, technology, equipment, service providers, and fuels.
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Uranium Price Could Hit US$105/lb. by September
Source: Mineweb.com (3/25/08)
Respected Australian Research Group Resource Capital Research (RCR) said the uranium price has been on a cartwheel having achieved $US210 in the second quarter of 2007 and a low in the third quarter of last year of $US70/lb and indicators suggest the market expectation is for an uranium price of $US105/lb by this September.
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Real Uranium Price Should Be $120, Wits Prof Tells Conference
Source: miningweekly.com (3/10/08)
The current price of uranium would have to be $120/lb if it were to be economically equivalent to the price of two decades ago when uranium was in the doldrums, University of Witwatersrand School of Geosciences Professor Judith Kinnaird said on Monday.
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Bush Says US Must 'Get Off Oil,' Calls for More Nuclear Power
Source: voanews.com (3/5/08)
With much of the higher prices of fossil fuels attributed to growing demand from China and India, President Bush says the world's largest economies must help developing countries plan for future growth with cleaner, less expensive technologies, including nuclear.
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Uranium Poised for Strong Rally - RBCCM
Source: Mineweb.com (3/5/08)
Royal Bank of Canada Capital Markets is telling clients that "we think the sentiment of the uranium market has changed substantially in a very short period . . . our 2008 market balance estimate has shifted to a deficit (from a balanced market) and we think the spot market is set for a strong rally".
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Citibank Presents Investment Opportunities in Uranium
Source: Webwire.com (3/3/08)
The new 3-year Merrill Lynch Uranium Equity Index Notes, which is offered by Citibank until March 31st, combines 100% capital protection at maturity by the issuer with return linked to the ML Uranium Equity Index that consists of stocks of companies with more than 15% of operating profits coming from the uranium sector.
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Time for Nuclear Energy and Uranium Stocks to Shine
Source: Tate Dwinnell, Seeking Alpha (2/28/08)
Is it time for nuclear energy and uranium stocks to shine? That appears to be the case. Take a look at the Market Vectors Nuclear Energy ETF (NLR) and you can see that it has busted through a multi month downtrend.
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Buy Nuclear Exchange-Traded Fund to Ride Uranium Rally
Source: Financial Post (2/23/08)
The easiest and most conservative way to invest in the sector is to own Market Vectors Nuclear Energy exchange-traded fund. The ETF tracks a capitalization weighted global nuclear energy index consisting of 35 stocks. Sector breakdown by weight is uranium mining (42%), plant infrastructure (26%), nuclear power generation (24%), uranium storage (5%) and other (5%).
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Could the Uranium Charts Be Turning?
Source: Gord Zelco, Publisher, MineralSTOX.com (2/22/08)
Most senior and mid-tier uranium stocks have spent several months bottoming out and are now up 15-20% off their lows. Several other technical indicators look like they are about to turn positive (though haven’t yet – but this is where the early gains are) – short and medium term averages are about to cross up, momentum and on balance volume are about to go positive.
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Going Nuclear
Source: Peter Charles, Seeking Alpha (2/19/08)
...According to the Energy Information Administration, total dollars spent on uranium in 2006 was $1.2 billion. That figure won't be much different for 2007. Taking into account the dramatic price rise of uranium, it would be safe to project annual uranium sales will reach $4 billion to $7 billion over the next 5 to 10 years...
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Uranium on the Rise
Source: Matthew Smith, Seeking Alpha (2/17/08)
... it appears that in the past week we tested lows set in late January, pretty much held those levels with minimum further movement to the downside. Now uranium equities are moving upwards to test the recent high set on January 24 of this year. If we can get through that level we can move much further as momentum is currently on our side...
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EU Should Promote Nuclear Energy to Meet Power Needs
Source: Dow Jones (2/8/08)
The E.U. "should seriously consider including the nuclear option in their public debate and energy policies," the World Energy Council said in a report. Europe also needs "colossal investments" to develop infrastructure in producing and distributing energy, it said.
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Nuclear: The Power Investment of 2008
Source: International Herald Tribune (2/1/08)
...Scott Finlay, a mining analyst at Canaccord Adams in London, said he figured demand would push uranium prices up from now to July, hitting a peak of $122 a pound, up 25 percent from current levels.
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Uranium Exploration: A Good Hedge For U.S. Investors to Combat the Declining Dollar
Source: By George Bell, UNOR Corp. (1/31/08)
The concept is fairly straight forward: Canadian uranium exploration could be a great way for American investors to hedge their portfolios against the declining greenback.
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The Nuclear Paradigm Shift: Globally and in the United States
Source: By George Bell, UNOR Corp. (1/31/08)
Just a few decades ago, nuclear was a dirty word. And it’s no wonder with accidents like Chernobyl and Three Mile Island causing most to shudder at the thought of a nuclear reactor in their backyard. But things have changed and with nuclear power becoming an increasingly viable alternative to fossil fuels, nuclear power is on the rise again.
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One Uranium Company on the Verge of its First Big Score
Source: Mark Whistler, WallStreetRockStar.com (1/30/08)
Here's one micro cap Canadian uranium exploration that might not be a micro cap for long.
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Nuclear Industry Wants Green Light
Source: politico.com (1/30/08)
Many environmentalists are pushing Congress to pass major climate change legislation this year that would require businesses to steadily reduce their carbon emission levels from fossil fuels through the year 2050.
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Uranium Price Slips on Microanalysis
Source: Uranium-Stocks.net (1/29/08)
On the positive side of the see saw we could argue that the Futures market has uranium prices ranging from $85- $88/lb, but this is a fledgling market and it will take some time to build credibility as serious market indicator.
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Uranium Stocks Suffer...Again
Source: Mineweb.com (1/29/08)
Spot uranium prices came under substantial pressure on Tuesday, as reported by Tullet Prebon, an inter-dealer broker that operates across 18 countries. At the same time, widely followed uranium specialists Ux Consulting published a weaker spot uranium price of $78/lb, down by $8 from last week.
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Uranium, Beryllium and Germanium: James Passin on What Investors Need to Know
Source: The Uranium Report (1/29/08)
James Passin of Firebird Management LLC, which manages $3.5 billion in eight funds, gives us his thoughts on where he thinks the opportunities are now in nuclear power plant construction and the nuclear fuel cycle. "It's as exciting to me now as the uranium exploration and production story was five years ago," he says. Passin recognized the powerful drivers behind the nuclear renaissance early on, and has made considerable investments in the areas of uranium, fluorine, and germanium.
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Bush Advocates Clean Coal, Technology Funding, Nuclear Power
Source: Mineweb.com (1/29/08)
President Bush supports an increase in the use of nuclear power as a clean, safe, and affordable alternative energy source to meet America's growing need for electricity. Nuclear power produces no greenhouses gases and a growing number of people believe it is an environmentally necessary choice.
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What About...Uranium?
Source: traderdaily.com (1/23/08)
The uranium story is on fire, especially with smaller exploration companies in Canada.
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Is Uranium's Bull Run Over?
Source: Mineweb.com (1/23/08)
Currently, the prices are down by slightly over 37% from June 2007 spot prices, sending quivers throughout the markets.
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Uranium Out of the Dumps
Source: thetimes.co.za (1/22/08)
...now that a worldwide energy crunch is seeing countries re-commission their nuclear power plants with plans to build many more, a uranium rush is on.
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