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Nuclear Update Premium February 7, 2026
This week, index prices held up, but market internals began to weaken. Participation narrowed, leadership split, and price action became less forgiving even as recession risk remained contained. In uranium, the focus shifted back to supply. Kazatomprom, the world’s largest uranium producer, released its 4Q25 operations and trading update. On paper, the report showed higher output and strong sales. In practice, it reinforced why “more supply” on paper doesn’t translate into real comfort for the market.
Nuclear Update Premium January 31, 2026
The data still shows that risk-on conditions are in place. But rotation is rising, and this is turning into a stock-picking market. Uranium pushed to a new cycle high in both spot and long-term pricing, SPUT stepped in aggressively, and the updated ATM filing adds a new layer of firepower that is hard to ignore.
Nuclear Update Premium January 24, 2026
The macro trend is still up. Breadth is behaving, credit is calm, volatility has cooled, but the market is relearning one thing: geopolitics move faster than fundamentals. In uranium, Trump talked nuclear on a global stage, Washington is putting $5B behind reactor development, and Big Tech is starting to lock in strategic inputs for the data center buildout.
Nuclear Update Premium January 17, 2026
Macro data still points higher, but expectations are high and Trump is escalating pressure on the Fed’s rate path. In uranium, spot price hit an 18-month high, while an executive order opened the door to uranium price floors, Big Tech is being told to fund new capacity, and Canada and China put uranium explicitly back into energy diplomacy.
Nuclear Update Premium January 10, 2026
Macro remains bullish, but expectations are high, and small disappointments can trigger sharp pullbacks. Uranium delivered the opposite setup: spot was calm, but policy and hyperscaler demand were loud, with $2.7B for enrichment, $800M for SMR deployment, and Meta committing to nuclear capacity at scale.
Nuclear Update Premium January 3, 2026
2025 is over and the Santa rally failed. Heading into 2026, the macro setup is bullish long-term, but choppy in the short term, with sentiment still a little fragile after the year-end close. In uranium, the long-term price just hit a 17-year high, SPUT is buying again, and policy is telling you the U.S. is willing to bend rules to rebuild the domestic fuel chain.
Nuclear Update Premium December 27, 2025
Markets are ending the year with confidence. Volatility has cooled and positioning is leaning bullish, but the real constraint is rates, specifically how fast the 10 year yield moves, plus the Treasury funding setup that can turn calm into chaos quickly. In uranium, spot is back at $81, SPUT is still buying, and the ETFs just showed real demand by issuing new units to fund distributions instead of selling holdings. Add Goldman’s view that the deficit story is getting more structural, and the setup going into 2026 looks stronger than the equities have been pricing.
Nuclear Update Premium December 13, 2025
In macro, the Fed closed the tightening chapter and markets began positioning for what comes next. Liquidity pressure eased, sentiment reset, and the focus moved away from rate hikes toward slowing growth, a backdrop that keeps policy supportive rather than restrictive. In uranium, draft U.S. defense policy put real money behind nuclear deployment, with $384 million allocated to advanced reactors, $2.1 billion for naval nuclear programs, and the DOE positioned to absorb first-of-a-kind risk for the first 10 new reactors. At the same time, China formally joined the COP28 pledge to triple global nuclear capacity by 2050, reinforcing demand that is planned, funded, and already underway.
Nuclear Update Premium November 29, 2025
This week almost every signal we track pointed upward. Flows flipped positive, oversold indicators lit up, and policy momentum kept building the foundation for the next leg up.In uranium, the real action finally shifted to where it matters: the term market. Utilities are contracting again (up 30 million pounds in a month), India is moving to lock in USD 2.8 billion in long-term supply, and the Genesis Mission just tied nuclear directly into America’s AI strategy.
Nuclear Update Premium November 22, 2025
This week growth softened, sentiment fell into extreme fear, and the algos dumped risk as the dollar squeezed tighter. It looks shaky, but the setup is classic pre-reset: bad data becomes good news the moment the Fed is forced to step in.In uranium: the U.S. inked a trillion-dollar strategic pact with Saudi Arabia that includes nuclear cooperation, Japan is about to restart the world’s largest nuclear plant (beginning with Units 6 and 7), and Europe formally entered the critical-minerals stockpile race. One of the strongest fundamental weeks of the cycle, even if the tickers pretended otherwise.
Nuclear Update Premium November 15, 2025
The labor market finally blinked, shipping volumes are rolling over, and the goods economy is easing into a softer 2026. But just as the cycle cools, Washington is set to drop more than four hundred billion dollars into consumer pockets while the Fed cuts rates. In uranium: The World Nuclear Outlook just mapped out more than a terawatt of nuclear capacity by 2050, including a 538 GW “gap” that can only be closed with more builds, more fuel, and more lifetime extensions. Meanwhile, equities fell on the week while spot ticked up. Long-term demand keeps strengthening, even as short-term screens throw a tantrum.