I am creating this web site to be able to link people up to my index for nuclear industry stocks.   In the links section is a link to my nuclear stock index on marketocracy.com. 

The index includes all of the companies that gain a significant amount of their revenue from the nuclear industry.  They include nuclear power utilities, EPC contractors, nuclear medicine, uranium mining, as well as a few oddball industries such as meat sterilization and isotope production.  The index is based on market cap, so it will only need rebalancing when I want to include new companies.  The market cap of the utilities is high, so they make up the majority of the index. The index is somewhat biased with respect to Richland, Washington, Where I live, in the fact that Fluor is included in the index.  The nuclear industry only accounts for a very small proportion of Fluor’s revenue, but because the nuclear work they do is in Richland, I have included them in the index.  I have not included General Electric or Shaw Group, Flours competitors, in the index.   The revenues of the EPC companies are tied to the capital spending cycle, so they are interest rate sensitive.  A large rise in interest rates will likely hurt the stock prices of these companies.  The revenues of the utilities are not interest rate sensitive, but the utilities usually pay large dividends.  Those dividends compete with bonds yields in the eyes of most investors, so the stocks of the utilities generally go down when interest rates rise as investors move their money into bonds paying higher yields.  I believe that interest rates will rise over the next three to five years, so I do not see great performance for the nuclear stock index relative to the S&P 500.  The long-term competitiveness of nuclear power, however, bodes well for the index to outperform the S&P 500 over the 5 to 10 year time frame.  The nuclear medicine stocks are not very interest rate sensitive (except for those companies with large debt) so the nuclear medicine will, to a small degree, help moderate the interest rate sensitivity of the rest of the index. 

Below are some companies that I need to add to the index the next time I update it.  Send me an email if there are any other companies that you think I am missing.  Only Companies that trade an American exchanges or bulletin boards were included in the index. 

Vivid Learning Systems (Hget training at Hanford)

IsoRay (Nuclear Medicine)

Trend Mining (Uranium Mining)

Amicus (Nuclear Medicine)

Varian (Nuclear Medicine)

 Radiation Theropy Services (Nuclear Medicine)

MDS Inc.  (Nuclear Medicine)

SAIC (EPC)

URS (EPC, recently bought Washington Group)

I am also interested in mineral exploration company stocks.  Many of the smaller, more interesting explorers are traded on the OTC bulletin board rather than a stock exchange.  At most stockbrokers, the commissions for trading OTC stocks are considerably higher than for exchange-listed stocks.  I did some exploring of my own on the Internet, and found the brokers below generally have reasonable commissions for OTC stocks.  

I included Penntrader on the list, despite having relatively expensive commissions, because they put out a newsletter every 3 to 6 months on mining companies in the Northwest.   I selected Scottrade for my IRA account, and Siebert.net for my non-IRA broker.  Obviously, other considerations besides just commissions played a role in those decisions.  Siebert.net has great research available and has great tax documentation, and I only use it to trade OTC stocks that cost greater than $0.50 per share to partially avoid their high commissions.  If you are interested in an account with Siebert.net, be sure and email me, because I can get us both two free trades with a referral.   

 Zecco.com has the best price at zero dollars for a commission.  Zecco.com claims that it will be adding IRA accounts in the future and that those accounts will be no fee accounts, but at the moment they are unavailable.  At the moment, trading direct has the best commissions for a no fee IRA account.

I included Penntrader on the list, despite having relatively expensive commissions, because they put out a newsletter every 3 to 6 months on mining companies in the Northwest.   I selected Scottrade for my IRA account, and Siebert.net for my non-IRA broker.  Obviously, other considerations besides just commissions played a role in those decisions.  Siebert.net has great research available and has great tax documentation, and I only use it to trade OTC stocks that cost greater than $0.50 per share to partially avoid their high commissions.  If you are interested in an account with Siebert.net, be sure and email me, because I can get us both two free trades with a referral.