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Nuclear Update Premium November 8, 2025
Markets are running on fumes, and the end of QT on December 1 can’t come soon enough. Liquidity’s thin, and even a handful of U.S. banks had to tap the Fed’s repo facility for overnight cash, the biggest draw in years.Uranium just made the U.S. critical minerals list, a symbolic headline with very real consequences. The world’s two biggest uranium suppliers, Kazatomprom and Cameco made it clear that the next leg of this cycle won’t be solved with new supply.November’s DCA is about buying conviction when it’s uncomfortable. With uranium equities cooling, we’re leaning into weakness not away from it. The cycle hasn’t changed, only sentiment has.
Nuclear Update Premium October 25, 2025
Markets are showing mixed signals again. Liquidity’s rising, the Fed’s preparing to end QT, yet funding stress keeps flashing. Credit worries flared and faded, but optimism held on. It’s classic late-cycle behavior, cracks are showing, but the trend keeps moving up.
Nuclear Update Premium October 11, 2025
Money’s moving fast again. AI is boosting profits while trimming payrolls, and everyone’s pretending they hate the rally while quietly chasing it. It’s the kind of market that melts up when nobody’s looking. Liquidity everywhere, fear nowhere.In uranium, the world’s power map is shifting just as quickly. China’s keeping not only its rare earths, but the processing capacity too. And after more than a decade as a seller, Japan’s back buying uranium for the first time in 11 years.
Nuclear Update Premium October 4, 2025
The melt-up rolls on. Stocks keep climbing, volatility’s asleep, and anyone waiting for a correction is still waiting. Even a government shutdown couldn’t rattle markets, liquidity remains king, and the crowd’s starting to believe it.Meanwhile, uranium just printed a 17-year high on the term price, SPUT keeps stacking, and new nuclear builds are ramping faster than expected. Utilities might be asleep at the wheel, but the fundamentals aren’t.
Nuclear Update Premium September 27, 2025
Breadth is narrowing, small caps are weak, and defensives are rolling over. It’s the kind of setup that usually signals fragility, not strength. Yet markets keep grinding higher, because liquidity remains the dominant force, and the Fed’s recent shift has kept the tide moving. Meanwhile, uranium just flipped into backwardation for the first time in a year. Spot is running hotter than term, SPUT is cleaning out sellers, and YCA is upsizing to scoop pounds straight from Kazatomprom. Utilities are getting cornered, and sentiment is running hot.
Nuclear Update Premium September 20, 2025
The Fed cut rates, but Powell wasn’t handing out party hats. Liquidity is flowing again, yet the caution in his tone reminded markets this isn’t a risk-free rally. Bonds and credit are cheering, cash is trash, and quarter-end positioning could pour even more fuel on the move. On the uranium side, pressure is building from every angle. Big trading houses are moving in, producers keep slipping, and Russia just unveiled plans for 38 new reactors. Add in extended sanctions on enriched uranium and utilities are running out of places to hide.
Nuclear Update Premium September 13, 2025
Liquidity is driving risk assets higher as the Fed prepares to cut, bonds flip back into favor, and equities stretch to new highs. Meanwhile, credit markets and labor data are flashing signals that this rally may not be built to last. For uranium, the theme is simple: producers hold the leverage. Supply setbacks are mounting, utilities are burning through inventories, and demand are reshaping the market.
Nuclear Update Premium September 6, 2025
The Fed is preparing to cut rates, liquidity is rising, and risk assets are pushing to new highs. At the same time, U.S. labor data is breaking down, revisions are flashing red, and insiders are selling into strength.For uranium, WNA 2025 confirmed what many already suspected: the market is tighter than ever. Cameco’s CEO called it “the greatest time we’ve ever had for uranium,” and the WNA Fuel Report now projects demand to more than double, and potentially triple, by 2040.
Nuclear Update Premium August 30, 2025
Markets are caught between two forces: tightening dollar liquidity draining cash from the system, and a Fed under mounting political pressure. For uranium, the picture is sharper: Cameco’s production shortfall is stacking on top of Kazatomprom’s supply discipline, just as spot prices climb ahead of next week’s World Nuclear Association Symposium. History shows WNA often sparks major price moves.
Nuclear Update Premium August 23, 2025
Powell finally leaned dovish at Jackson Hole, hinting at cuts and handing markets a short-term sugar high. But cracks remain: sticky inflation, stretched valuations, and geopolitical risks are still gnawing at sentiment.In uranium, the picture is far sharper. Kazatomprom shocked the market by pulling 8 million pounds out of 2026 supply, flipping sentiment overnight and forcing utilities back to the table. With demand forecasts climbing and producer discipline holding, the cycle is tightening.