Every major crisis has its winners and losers. With the Japanese crisis, most prominent may be the uranium stocks. As you might guess they are getting hammered. The presumption is that governments will be reluctant to approve nuclear projects in the wake of Japan's nuclear meltdown.

Here are just a few companies and recent stock prices:

• Denison Mines (DNN): $2.55, down 74 cents. Denison is a worldwide mining and exploration company. It has two uranium waste recycling plants in the U.S.

Continue reading Uranium Stocks Hammered in the Wake of Tragedy in Japan

Uranium Stocks Hammered in the Wake of Tragedy in Japan originally appeared on BloggingStocks on Tue, 15 Mar 2011 11:30:00 EST. Please see our terms for use of feeds.

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Zero emissions is the holy grail of green technology as the world looks to grapple with the converging pressures of tight fossil fuel supplies, air quality issues and global warming," says Brendan Coffey.

The editor of Cabot Green Investor explains, "I see the push for zero emissions reviving a technology once largely written off: nuclear power. In light of this, my top pick for 2011 is Uranium Resources (URRE).

Continue reading Top Picks 2011: Uranium Resources (URRE)

Top Picks 2011: Uranium Resources (URRE) originally appeared on BloggingStocks on Tue, 04 Jan 2011 09:30:00 EST. Please see our terms for use of feeds.

Despite the U.S. stock market's recent run up, the decline in the U.S. dollar and inflation fears have investors searching for safety in these uncertain times. A popular strategy that has emerged is to hedge market and currency risk with commodities, namely gold, oil, and uranium. What specific stocks and investments in these sectors are likely to outperform?

ETFs like the US Oil Fund (NYSE: USO) and the SPDR Gold Shares (NYSE: GLD) will obviously track any rise or fall in these commodities to a T, but perhaps individual companies in these sectors are a better fit for you. Below are some industry giants, as well as speculative plays that are also drawing attention from investors.

Continue reading Hot commodity stocks to watch

Hot commodity stocks to watch originally appeared on BloggingStocks on Wed, 10 Jun 2009 13:40:00 EST. Please see our terms for use of feeds.

"The last technical bastion of bullishness had been the 1490 support level on the Standard & Poor's 500 Index," notes David Nassar. In his Marktwatch Technical Indicator he observes, "That level had held numerous times, despite a deteriorating technical picture from the other indicators."

Now, he notes, "It has now given way. This now leaves a wide area of resistance on the S&P 500 chart, from 1490 up to 1520. It will likely have trouble getting back through that area, because there were so many longs 'trapped" at those prices.'

The technical continues, "Market breadth (advances minus declines) has not been good lately. That's good news and bad news. It's bad news in that breadth continues to remain on a sell signal.

"However, it's potentially good news because -- once the breadth indicators get extremely oversold (and they're well on their way to doing that right now) -- lasting buy signals can eventually spring from deeply oversold readings.

"However, one must be careful about waiting for confirmed buy signals before making a speculative purchase. 'Oversold' does not mean 'buy.'"

Meanwhile, as for specific buy recommendations, Ashbaugh says, "Uranium Resources (NASDAQ: URRE) is a low-priced, volatile stock that broke out to the upside on Tuesday. Stock volume patterns are very strong, and there is support at 12-1/2.

"This is a 'hot' industry that is undergoing some consolidation. As a result, there are vague takeover rumors for URRE. The stock pulled back today to support near 13, giving us a convenient entry point.

"The options on this stock trade with wide markets, as they are somewhat illiquid, so be sure to stick to the limit. We recommend the URRE Dec 12.5 calls at a price of 2.10 or less. Stop yourself out on any close below 12."

Each day, Steven Halpern's TheStockAdvisors.com website features the latest investment commentary and favorite stock picks of the nation's leading financial newsletter advisors.

MarketWatch technician eyes Uranium Resources (URRE) originally appeared on BloggingStocks on Tue, 13 Nov 2007 15:15:00 EST. Please see our terms for use of feeds.