Monday, March 14, 2011

UPDATE 2: Premarket: Solar Up on Nuclear Hate/ Cameco Crushed (CCJ; FSLR; TSL; STP; YGE)

 Update II: "Japan nuclear disaster risk receding fast ; General Electric's Liability Smaller than Immelt's... (GE; CCJ; HIT)"

Update I (there are more coming): "Energy: "Time to start watching the uranium-fossil spread" (CCJ; URA)"
Original post:
In early premarket trade the solars appear to be beneficiaries of the drumbeat against nuclear power:

First Solar is up 4.52% at $146.05.
Suntech is up 6.09% at $8.04
Trina Solar is up 6.48% at $25.80.
Yingli up 7.43% at $11.28.

Cameco, the world's largest publicly traded uranium miner is down 14.61% at $31.92. We'll have more in a bit.