BY ANDREW GIOVINAZZI
November 17, 2024
Frank, Hannah and my handsome self went live this week to unlock the next four years of opportunity in the market. It did not hurt that a Frank favorite Red Cat Holdings (Ticker: RCAT) jumped 20% the day after our webinar on the future of investing. We did not cause that of course, but a bullish corporate action on the part of RCAT. Who knew?
A Big Part of Frank’s presentation were drones that were part of the military future. There was another part too, AI. Oh you say, AI? Well AI will be in drones, cars and just about everything else so Nvidia Corp (Ticker: NVDA) will tell the tale this week there. There is a potential crippling weakness to AI. It needs power.
Just when Frank cannot be anymore right, another “coincidence” befell the market. It caused the giant spike in the stock below.
So what was the news that got my attention?
The Biden Adm just launched a major new Nuclear Power Initiative
Yes, that’s right. Joe Biden will leave his legacy as the Green Nuclear Power Chief. Nuclear stocks are going to get a big boost. Most of the Great 8 will directly contract with Nuclear Power companies in the future. Microsoft Corp (Ticker: MSFT) and Amazon.com (Ticker: AMZN) are already contracting directly for nuclear power.
There is no AI revolution without cheap power. France runs 70% nuclear power and it is what has saved them from the other ravages sweeping Germany’s industrial base.
This is the way. The stock I like above is Cameco Inc (Ticker: CCJ) and I will be looking for a 0 theta trade next week.
Frank is 2 for 2 in 1 week, not too bad.
To Your Trading Success,
AG
Andrew Giovinazzi
30-Year Trading Pro
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