URZ - Chart Link - Yesterday I noticed
that uranium stocks looked they would follow through but didn't
discuss them last night, sort of kicking myself for not showing
them as many had nice follow through's, however this sector also is
generally one of the last sectors to rally, so the fact they are
moving tells you something about the market
The Japanese
government released a draft of a new Basic Energy Plan on Feb. 25
that declares the country's long-term commitment to nuclear power,
the Financial Times reported. The decision effectively reverses the
previous government's call to
close all of Japan's nuclear power
plants. Japanese Industry Minister Toshimitsu Motegi said the plan
still commits the country to reducing its reliance on nuclear
power. Japan will determine its "appropriate energy mix" at a later
date.
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Uranium Stocks
Posted by matt on 25th of Feb 2014 at 12:50 pm
URZ - Chart Link - Yesterday I noticed that uranium stocks looked they would follow through but didn't discuss them last night, sort of kicking myself for not showing them as many had nice follow through's, however this sector also is generally one of the last sectors to rally, so the fact they are moving tells you something about the market
UEX.TO - Chart Link
LAM.TO - Chart Link
DNN - Chart Link
DNN - Chart Link
URA - Chart Link
Japan: Nuclear Energy Policy Effectively
Posted by parrrich on 25th of Feb 2014 at 01:37 pm
Japan: Nuclear Energy Policy Effectively Reversed
February 25, 2014 | 1319 GMT
The Japanese government released a draft of a new Basic Energy Plan on Feb. 25 that declares the country's long-term commitment to nuclear power, the Financial Times reported. The decision effectively reverses the previous government's call to close all of Japan's nuclear power plants . Japanese Industry Minister Toshimitsu Motegi said the plan still commits the country to reducing its reliance on nuclear power. Japan will determine its "appropriate energy mix" at a later date.