CCJ Forecast + Trading Strategies


Bullish Case: Cameco benefits from the growth of nuclear energy, high uranium prices, and recent legislative support like the ADVANCE Act, enhancing its market position.


Bearish Case: Bearish macroeconomic indicators and potential regulatory challenges could pose risks to Cameco's sustained growth, despite recent advancements and favorable market trends.


Potential Outcomes:

1. Strong earnings boost from higher uranium demand (60%).

2. Regulatory challenges impact operations (30%).

3. Market volatility leads to price correction (40%).


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July 16, 2024










Correlated Assets

Assets that tend to move strongly with CCJ



URA Forecast + Options Trading Strategies   URA  Global X Uranium (0.96)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (0.95)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (0.93)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (0.89)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (0.89)



Uncorrelated Assets

Assets with little price relationship to CCJ



TRUP Forecast + Options Trading Strategies   TRUP  Trupanion (0.0)


CORT Forecast + Options Trading Strategies   CORT  Corcept Therapeutics (-0.0)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (0.0)


EWZ Forecast + Options Trading Strategies   EWZ  iShares MSCI Brazil (-0.0)


TWLO Forecast + Options Trading Strategies   TWLO  Twilio (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CCJ



PRTA Forecast + Options Trading Strategies   PRTA  Prothena (-0.88)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.88)


CMP Forecast + Options Trading Strategies   CMP  Compass Minerals International (-0.88)


YUMC Forecast + Options Trading Strategies   YUMC  Yum China (-0.91)


BMY Forecast + Options Trading Strategies   BMY  Bristol-Myers Squibb (-0.93)





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