Uranium Stocks
I’ve got my own little sandbox now over at E-Trade with a dozen Uranium stocks in it. Last week’s stock market dive bottomed out on Monday, when I backed up the truck to load up on my favorite Uranium picks. That turned out to be good timing, since the international markets began to correct themselves the next day. The Dow jumped over 100 points on Tuesday, and all my stocks went up with it. As of today, my portfolio is up 8% (which includes the trading fees from E-Trade). That’s not bad for two day’s work.
The crash was due to the global markets downturning in a domino effect, so I figured that it would correct itself quickly (unless the entire planet fell into recession, which some experts were warning against). I still have a lot of faith in the Uranium market, and that, coupled with my belief that things would turn around quickly, led me start my portfolio on Monday morning. I’m glad that I did, since I walked away with some great deals.
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