USO). Gordon believes that bearish EIA data and a technical position of the market could push the stock lower. He thinks that it might reach $9.50. Gordon noticed that RSI is around 70 and whenever it reached that level in the past the stock
However, USO doesn't own any oil; all the fund does is buy futures ... one can potentially leverage all that work at some point down the road to go long that same stock when there is a positive marginal change that causes a shareholder …
USO has stalled just below the top of its intermediate corrective ... but are offered as an analytical point of view which might be of interest to those who follow stock
La Unión Europea (UE) prohibió su uso en animales destinados al consumo . Supply chain software company Kinaxis Inc fell 12.9 percent to C$69.43 as several …
The Egyptian stock market plunged for the 2nd day in a row, which led to trading being halted for 30 minutes. The Egyptian stock market has only been open for two days since it was closed on January 27th. On each of those two days shortly …
Here are our possible outcomes: Worst case – oil drops further and USO is below $19 at the July expiration. In that case, the stock is not called away from us. We now own it at a net cost of $16.96. Looking at that possibility as of today, we …
United States Oil Fund LP (NYSE:USO) was the recipient of some unusual options trading activity on Tuesday. Stock traders bought 28,179 call options on the stock. This represents an increase of approximately 283% compared to the …
Breeze1mon
In forcing a futures product into stock-market clothing, the managers of the USO have been forced to contend with this contango situation. The way the USO endeavors to track oil is by continually holding the most relevant futures contract …
CNBC11mon
The stock of Gulfport Energy Corporation (NASDAQ ... They cut off Sami, work quick tags and take control of the action. Tye starts off with Jimmy Uso and unloads on …
United States Oil Fund LP (NYSE:USO) was the recipient of unusually large options trading activity on Wednesday. Stock traders bought 103,808 call options on the stock. This is an increase of approximately 181% compared to the …