Watchlist / nuclear-fuel-cycle

watchlist

Watchlist / nuclear-fuel-cycle

current roster plus event stream

symbols 19 events 529 latest

Nuclear fuel cycle — AI-DRIVEN nuclear-demand thesis (sibling to ai-power-bottleneck, NOT a rotation away from AI; the mechanism is COMPLEMENTARY — hyperscaler data-center power demand pulls through the entire nuclear supply stack). Validated first-principles 2026-05-26 (research/investigations/2026-05-26-nuclear-fuel-cycle-thesis-first-principles-validation.md). 4-LAYER decomposition (the layer structure IS the unit of analysis). LAYER 1 uranium miners: CCJ (Cameco, ~30B dominant Western pure-play bellwether), UEC (Uranium Energy Corp, US-domestic developer, DPA Title III tailwind), UUUU (Energy Fuels, only conventional US uranium mill + rare-earth byproduct crossover). LAYER 2 enrichment/components: LEU (Centrus — HIGHEST-CONVICTION single name; only commercial US HALEU producer, American Centrifuge Plant Piketon OH, 2.7B DOE HALEU Availability Program base, policy-protected by 2024 HEU Ban Act; US HALEU need ~40+ tonnes/yr by 2030 vs single-digit Western capacity = structural monopoly), ASPI (ASP Isotopes — quantum-enrichment for HALEU, highest-risk Layer 2, pre-revenue R&D), BWXT (BWX Technologies — reactor components + naval-reactor work, diversified-defense base = least…

Showing 120 of 529 events.

Cumulative return since Sep 8 — both lines start at 0%, so the gap between them IS the out/under-performance. Hover for daily values.
1D7D30D3M1Y
cohort +0.5%+0.7%-14.9%-15.1%-35.8%
SPY +0.6%+1.2%+2.1%+3.1%+16.0%
Δ -0.1%-0.5%-17.0%-18.3%-51.8%

equal-weight · buy-and-hold from window start, no rebalancing · 3M+ windows are a current-roster backcast.

30D breadth 3/19 up

trend: 3 up · 2 flat · 14 down · avg RSI 44 · 18% above SMA200 · covered 19/19

contributors

TLN+1.0pp+18.4%
VST+0.4pp+6.9%
CEG+0.1pp+1.4%
DUK-0.2pp-3.1%
SRUUF-0.2pp-4.6%

detractors

IMSR-2.0pp-38.4%
SMR-1.8pp-33.4%
UUUU-1.7pp-31.6%
ASPI-1.6pp-30.6%
LEU-1.1pp-21.5%

Holdings

CCJ $88.06 -12.3% 30d retreating UEC $9.19 -20.8% 30d retreating UUUU $9.96 -31.6% 30d retreating LEU $142.44 -21.5% 30d retreating ASPI $2.65 -30.6% 30d retreating BWXT $143.83 -8.2% 30d retreating OKLO $34.70 -18.5% 30d retreating SMR $7.20 -33.4% 30d retreating NNE $15.34 -15.6% 30d retreating CEG $298.07 +1.4% 30d coming into play VST $161.48 +6.9% 30d coming into play TLN $378.57 +18.4% 30d coming into play DUK $116.65 -3.1% 30d coming into play IMSR $3.28 -38.4% 30d retreating XE $13.71 -20.6% 30d too-young NUKX $31.90 -15.0% 30d too-young URA $38.90 -17.0% 30d retreating SRUUF $19.04 -4.6% 30d coming into play URNM $46.50 -18.4% 30d retreating
TLN $378.57 +5.4% +18.4% -1.9% -14.8% 69 coming into play -15.8%
VST $161.48 +3.4% +6.9% +1.6% -23.1% 64 coming into play -25.6%
CEG $298.07 +4.6% +1.4% +18.6% -22.2% 62 coming into play -27.8%
DUK $116.65 -0.2% -3.1% -7.0% -6.5% 49 coming into play -13.3%
SRUUF $19.04 +1.7% -4.6% -0.4% +5.2% 47 coming into play -23.1%
BWXT $143.83 +1.1% -8.2% -22.7% -26.5% 48 retreating -40.5%
CCJ $88.06 +1.1% -12.3% -8.3% +1.5% 44 retreating -34.9%
NUKX $31.90 +1.2% -15.0% -15.4% — 42 neutral -37.3%
NNE $15.34 +0.5% -15.6% -18.7% -67.6% 41 retreating -74.8%
URA $38.90 +0.9% -17.0% -9.5% -24.4% 39 retreating -37.5%
URNM $46.50 +0.9% -18.4% -12.7% -24.4% 38 retreating -45.3%
OKLO $34.70 +0.4% -18.5% -29.0% -74.9% 40 retreating -82.1%
XE $13.71 -0.4% -20.6% -14.1% — 38 neutral -63.0%
UEC $9.19 +0.6% -20.8% -12.7% -32.2% 39 retreating -54.8%
LEU $142.44 +0.3% -21.5% -16.7% -61.6% 43 retreating -69.3%
ASPI $2.65 -6.4% -30.6% -47.1% -70.1% 33 retreating -81.7%
UUUU $9.96 +0.2% -31.6% -26.7% -49.4% 29 retreating -64.3%
SMR $7.20 -1.6% -33.4% -20.4% -82.3% 36 retreating -87.5%
IMSR $3.28 -3.5% -38.4% -44.3% — 28 retreating -84.4%

Feed generated 2026-10-10.