Nuclear Power Is Starting a New Bull Run

We're doing something different in the Chaikin PowerFeed today... In short, we're turning things over to Sean Michael Cummings from our corporate affiliate Stansberry Research. [Chaikin PowerFeed]( Editor's note: We're doing something different in the Chaikin PowerFeed today... In short, we're turning things over to Sean Michael Cummings from our corporate affiliate Stansberry Research. He's a member of our good friend Brett Eversole's True Wealth team. Earlier this week, Sean covered an oft-criticized part of the market for readers of the free DailyWealth e-letter. And importantly... the Power Gauge agrees with his take on this space. That's right... Our system currently holds a "very bullish" rating on one of this industry's main exchange-traded funds. And as Sean explains, sentiment toward this space is now turning a corner... Nuclear Power Is Starting a New Bull Run By Sean Michael Cummings, analyst, Stansberry Research Twelve years ago, a three-story wave devastated the Fukushima Daiichi nuclear power plant... That day, a 9.0 magnitude earthquake struck off the coast. It shut down three of the plant's reactors. And it forced the plant onto backup generators. Then, the tsunami came. The backup cooling system failed. That led to a reactor malfunction. And it caused the worst nuclear meltdown since Chernobyl. Steam explosions injured 16 workers. More than 164,000 locals were evacuated from their homes. And the region is still dealing with the aftereffects, with consequences for people's health and the environment. The Fukushima disaster led to global backlash against nuclear power. Some countries closed existing plants after the meltdown, while others stopped planning new ones. But today, that's changing... Sentiment toward nuclear power is turning a corner. And as I'll explain today, that could kick off a major bull run for one left-for-dead nuclear commodity... Recommended Links: [TONIGHT: A Severe Financial Crisis Is Underway]( If you're holding stocks, you need to see this. A dangerous 'recession' signal just flashed... the same signal that appeared before the Great Depression and the 2008 Financial Crisis. Forensic accountant Joel Litman believes it means we could soon see a massive downturn in stocks over the next 24 months. That's why Joel is now turning to a radically different strategy – one that could deliver triple-digit returns (without touching a single stock). [Click here to learn more]( then tune in tonight. [Can Kevin Kisner collect $4,000 in 60 seconds?]( Today, you can tune into a Real Money Demo featuring a professional athlete who will attempt to collect $4,000 in 60 seconds by selling put options. Will he succeed? Or lose money? Watch his transaction on Costco (COST) and find out – [including how to begin using this strategy yourself.]( Nuclear power could be the key to our "green energy" future. It's a carbon-neutral power source. So it can power the grid without polluting the air. And it's more efficient than fossil fuels. But you can't have cheap nuclear power without uranium... It's an abundant, dense metal with one important property – its atoms are easy to split apart. Splitting atoms releases massive energy. And nuclear plants can harness this energy for industrial use. Uranium prices plummeted after the Fukushima disaster. Global governments wanted distance from nuclear power. But today, the price of uranium is soaring. Take a look... After the big slide that followed the disaster, uranium is now at an 11-year high. And we expect it to keep climbing, for two reasons... First, consumers are once again embracing the potential of nuclear energy. According to a recent Pew Research Center survey, more than half of Americans support more nuclear power today. And it's getting more popular as time goes on. Second, we've had a massive undersupply of uranium since the Fukushima disaster. You see, when uranium's price was falling, miners couldn't turn a profit by producing it. So they stopped digging it up. From 2016 to 2020, global uranium production dropped by a quarter. These twin forces are setting up a huge imbalance between supply and demand. According to the World Nuclear Association and Reuters, demand for uranium in nuclear reactors is expected to climb 28% by 2030. And it's expected to nearly double by 2040. Yet supply is still scarce after a decade of low production. That means the 11-year high in uranium prices is likely just the beginning of this asset's bull run. It could take months – or even years – for the supply squeeze to play out. Uranium has room to soar in the long term. So if you want to add the metal to your portfolio today, you could consider the Sprott Physical Uranium Trust Fund (SRUUF). This exchange-traded fund is dedicated to holding just one asset – physical uranium. It provides access to this market through a simple investment in your brokerage account. Like the metal itself, SRUUF is breaking out to new highs today. But don't think you've missed the rally. The nuclear supply squeeze will take a long time to unwind. And until it resolves, expect uranium to keep marching higher. Good investing, Sean Michael Cummings Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -1.16% 6 18 6 S&P 500 -1.47% 69 296 133 Nasdaq -1.50% 22 66 11 Small Caps -1.71% 339 1084 509 Bonds -0.35% — According to the Chaikin Power Bar, Large Cap stocks are more Bearish than Small Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Health Care -1.38% Energy -1.48% Staples -2.80% Industrials -3.37% Communication -3.54% Materials -3.78% Financial -4.15% Utilities -4.23% Information Technology -4.31% Real Estate -5.81% Discretionary -5.81% * * * * Industry Focus Innovative Technology Services 31 63 6 Over the past 6 months, the Innovative Technology subsector (XITK) has underperformed the S&P 500 by -2.68%. However, its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #5 of 21 subsectors and has moved up 1 slot over the past week. Top Stocks [rating] YY JOYY Inc. [rating] RAMP LiveRamp Holdings, I [rating] ACN Accenture plc * * * * Top Movers Gainers [rating] RMD +3.55% [rating] PODD +2.99% [rating] DXCM +2.98% [rating] CDAY +1.91% [rating] DLTR +1.87% Losers [rating] CTAS -5.27% [rating] SYK -4.81% [rating] ON -4.56% [rating] ETSY -4.40% [rating] ZBH -4.17% * * * * Earnings Report Reporting Today Rating Before Open After Close MU PAYX CNXC, JEF No earnings reporting today. Earnings Surprises [rating] COST Costco Wholesale Corporation Q4 $2.93 Missed by $-0.50 [rating] FERG Ferguson plc Q4 $2.77 Beat by $0.31 [rating] CTAS Cintas Corporation Q1 $3.70 Beat by $0.02 * * * * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, [click here](. You’re receiving this e-mail at {EMAIL}. For questions about your account or to speak with customer service, call [+1 (877) 697-6783 (U.S.)](tel:18776976783), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. 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