Most of our issues were up today as we took an additional position in uranium company Energy Fuels ($UUUU) and the biotech firm IMV Inc. ($IMV) . Keeping an eye on Bitcoin, Oil, Gold and Silver here, but with the summer doldrums in full swing we’re not expecting any big moves.
We bought a bit of everything today: Energy (Energy Fuels $UUUU, Denison Mines $DNN and Transocean LTD $RIG), Crypto (Riot BlockChain $RIOT) and BioTech (IMV Inc. $IMV and Innovio Pharmaceuticals $INO)
Well it was a snoozer day in the markets today. Equities flat. Still we wrote some covered calls on the usual uranium suspects – Energy Fuels ($UUUU( and Denison Mines ($DNN).
We also sold some calls of Transociean ($RIG).
It looks like the precious metals complex – gold, silver, platinum may be waking up here.
Also, check out the cup and handle formation on biotech:
Commodities are back in vogue – well at least for now.
Uranium is starting to glow again. Sold more Energy Fuels $UUUU Sept $6 Calls today. Bought some Energy Fuels $UUUU Oct $6 Calls today. Need a play on Dennys ($DNN) but its in no mans land. Tried writing some Sept puts @ $1 but not a lot of meat on that bone. C’mon Dennys.