Tag: uso
Monthly Chart Points to Much Higher Oil Prices Coming
Before we begin, just a note to mention that TLT took out the fast MA featured in the October 10th Daily Update, while SPY underperformed....
US Oil Fund ETF (USO): Technical and Fundamental Analysis
USO, US Oil Fund the ETF, invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline,...
Oil, Gold, and Equities: The Battle of Supply and Demand
As predicted and we wrote about yesterday, oil prices continued to climb in anticipation of an OPEC+ production cut. Reports confirmed today that OPEC+...
Will Oil’s Price Decline Offer A Lift To Stock Market?
Oil makes a reversal pattern and rejects its 80-month moving average; however, will the overall trend stay intact, or has Wednesday signified an end...
US Oil Fund ETF (USO) Eyeing New Highs
Crude oil prices raced higher from late October to early March this year.
After a multi-week move lower, traders wondered if the crude oil rally...
Stock Market Weekly Analysis (video): Crude Oil, VIX, and The Fed
The U.S. stock market and broader global financial markets absorbed quite a bit of news last week. The Federal Reserve came out with a...
Hard-Hit Energy Sector Needs More Than Stimulus Bill
The price of Crude Oil, Natural Gas, and related energy stocks have been decimated this year (2020).
The trends lower were already in place coming...
Energy Sector and Stocks Trading “Heavy” Here; Use Caution
Just as the stock market has snapped back from the December lows, so has the Energy Sector and stocks.
However, it's lagged the broad market....
Crude Oil ETF (USO) Melted Down Exactly Where It Should
When we posted this warning to crude oil bulls a month ago, the United States Oil Fund (NYSEARCA: USO) had tested and retreated from the...
Crude Oil ETF (USO) Reversal: Should Bulls Be Concerned?
In our April post on this topic, we showed how the crude oil rally from last year's low was probably nearing its end.
Although price...
