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Has been sometime since we discussed #uranium, specifically $CCJ $CCO.
Some might have seen a @cameconews seasonality chart based on the last 20-years of trading. Like the one included here.
Looking at this chart, one thing stands out: buy $CCJ just ahead of the Q4 rally $URA
Some might have seen a @cameconews seasonality chart based on the last 20-years of trading. Like the one included here.
Looking at this chart, one thing stands out: buy $CCJ just ahead of the Q4 rally $URA
At face value, following the seasonality fits well with the narrative of #section232 and $CCJ buying from the spot market.
The thing about averages, however, is that they reveal less than what they cover.
$URA #uranium
The thing about averages, however, is that they reveal less than what they cover.
$URA #uranium
Take for instance, the correlation of $CCJ YTD price performance to the 20-year average YTD price performance. The two time series are negatively correlated... And not just a little
#uranium
#uranium
