...nothing last in the cyclical commodity space, when the rally ends, the correction can be brutal.
...when it is bottoming, there is still no reason to buy prematurely.
...the bottoming process takes some time, it does not rocket up immediately after hitting bottom.
..since their peak,
* PDN has corrected -30%
*BOE -35.6%
* EL8 -41.65%
* DYL -27.12%
Uranium has dropped to its lowest price of the year. Is the hype fading?
https://x.com/Barchart/status/1805805815787295217
...nothing last in the cyclical commodity space, when the rally...
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