#ura

ura playing the otamatone for your viewing pleasure

Uranium’s long-cycle supply case remains intact, but URA’s market structure has not confirmed that story. The fund entered the July 30 evidence window with a falling intermediate trend, lighter turnover and high sensitivity to a risk-off tape. Cameco, Kazatomprom, Centrus and Oklo create a concentrated series of operating updates through mid-August. Those reports will show whether recent weakness…