An Uptrend By Executive Order

The nuclear energy trade just got a massive jolt of energy.

Last Friday, Uranium stocks exploded higher after President Donald Trump signed executive orders to revitalize U.S. nuclear energy production.

The result? The VanEck Uranium & Nuclear Energy ETF $NLR had its best single-day performance since 2008.

But this move isn’t just about headlines. It's also about the strong fundamentals and technicals behind it.

The AI revolution is massively increasing global power demand, and everyone is turning to nuclear energy to scale their operations.

Top tech firms know this, and they’re investing heavily in small modular reactors (SMRs) and advanced nuclear infrastructure to power their data centers and server farms.

Meanwhile, geopolitical instability and the global push for energy security have made Uranium and nuclear development mission-critical for many countries.

That’s the story, and the market’s listening.

Here's the technical setup 👇

The VanEck Uranium & Nuclear Energy ETF holds the best names in the space, from heavyweights like Cameco $CCJ (~7%) and Constellation Energy $CEG (~8.7%) to fast-growing innovators like NuScale Power $SMR (~7.6%).

Since the 2020 low, the ETF has climbed nearly +200% and just reclaimed the 61.8% retracement from the 2007 peak. This is a key Fibonacci level that has acted as resistance for years.

Even more impressive? We've seen the two strongest single-day moves in over 15 years within the last month.

We love to see big moves start with big moves.