Conventional wisdom is the CRA being a headwind. Most shorts like you think so too. I held off picking up shares for months. I'll build now thank you.
Here is the thing. Inflation in the US is starting to show. The fed will raise rates next year. Why park money for 30 years? Rates will be high next year and in 10 years rates may be double digits. Don't dismiss double digits, its very possible when you consider how debt ridden we are. The 30 year is one of the worst investments out there imo. In 30 years bond holders will be lucky if they get 25 cents on the dollar in buying power. With respect to TLT, its even worse than the 30 year bond due to decay, albeit lower than most ETFs.
Whoever shorts bonds here will make money if they don't have an overnight mentality like you do. 30 year paper at 2.20% is beyond insane. Inflation will run higher than that over the 30 years. Crazy to tie up your money for 30 years. Treasury bonds are easy to purchase the TLT is totally unnecessary and a reckless investment considering the above and the fact the ETF charges fees, unlike owning the bond. I'm selling in the money July 15 Calls tomorrow.
A dire situation is total nonsense. Cameco can open the spigots faster and cheaper than all. They'll make more money next year than this year and they are doing it while U is in the dumpster. Shorting makes no sense to me.
You tie your money up for 30 years and get paid back with deflated dollars. There will be a ton of money to be made going short. I've been waiting for it to go red for several days. I just keep on getting a better and better price.
The trial is a few months off and no settlement. Pressure is on the CRA not to settle. U price is languishing. I have no idea where support is. I'd be a buyer under $10 and take my chances.
Total nonsense. You are referring to one state a very liberal one at that. Uranium has little room to fall from here.
I have no problem with Wmt as an investment. Target has been beaten down so much that it is a better investment than WMT. It's PE is at historical low and they will make more money next year.
The market reaction was a mistake imo. Europe will move money into the USA. A small % of US companies are vulnerable to brexit. I went from bull to beat on GM for example because Europe will be a big money loser for GM. Companies without European exposure should light up this week. Baba is a risky stock and one day people will realize that fraudulent reporting and unethical management does matter.