Aug. 26 at 1:58 PM
$CCJ scores 84 in the model, easing from 91, while the YTD has climbed from 2.1% to 6.8% as news sentiment shifts and 30-day momentum improves. The model rates it HOLD with priced-in conviction moving from low to medium, meaning the market is beginning to catch up to the thesis rather than sleep on it. The risk is that the momentum improvement is already in the price at 6.8% YTD, and a stall in uranium policy tailwinds would leave the gap between score and tape looking a lot less comfortable.
