NYMEX Trader Says Oil Prices Could Fall to $76 a Barrel on Glut
at The Street - Thu Oct 23, 4:30PM CDT
Oil prices spiked Thursday on reports Saudi Arabia produced more oil but supplied less in September. Will the rally be short-lived?
USO: 31.06 (+0.51), UCO: 24.66 (+0.89), XLE: 85.90 (+1.57)
After Yesterday's Decline of 2.40%, United States Oil Fund Offers Investors Better Value
Comtex SmarTrend(R) - Wed Oct 22, 3:56PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $30.46 to a high of $31.50. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $30.66 on volume of 8.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 31.06 (+0.51)
United States Oil Fund Falls 2.40% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Oct 22, 3:55PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $30.46 to a high of $31.50. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $30.66 on volume of 8.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 31.06 (+0.51)
TGIF: Oil Traders Wrap Up a Wild Week of Price Swings
at The Street - Fri Oct 17, 4:21PM CDT
Jeff Grossman of BRG Brokerage says the swings in oil are fairly unprecedented and caught many traders off guard this week.
USO: 31.06 (+0.51), UCO: 24.66 (+0.89), XOP: 59.69 (+1.81), XLE: 85.90 (+1.57)
United States Oil Fund Down 16.7% Since SmarTrend Downtrend Call (USO)
Comtex SmarTrend(R) - Thu Oct 16, 4:52PM CDT
SmarTrend identified a Downtrend for United States Oil Fund (AMEX:USO) on July 11th, 2014 at $37.35. In approximately 3 months, United States Oil Fund has returned 16.72% as of today's recent price of $31.10.
USO: 31.06 (+0.51)
Energy Trader Sees Lower Oil Levels From Here Due to Supply Glut
at The Street - Thu Oct 16, 4:14PM CDT
Peter Amandio tells TheStreet’s Jill Malandrino the moves to the downside are not actually that extreme in oil, but the velocity of the moves are.
USO: 31.06 (+0.51), UCO: 24.66 (+0.89), XLE: 85.90 (+1.57)
'Fast Money' Recap: Market Could Fall Further as Volatility Persists
at The Street - Thu Oct 16, 2:55PM CDT
The trading panel tries to decide whether now is the time to buy stocks, as well as provides its take on Netflix and the airlines.
USO: 31.06 (+0.51), AMZN: 313.18 (+0.21), UCO: 24.66 (+0.89), DAL: 37.92 (+0.62), INTC: 32.69 (+0.42), HPQ: 34.94 (+0.45), TWX: 78.19 (+1.62), NFLX: 383.04 (+8.39), AGO: 22.69 (+0.15), JNJ: 102.63 (+1.41), SPY: 194.93 (+2.24), QQQ: 97.82 (+1.45), EBAY: 50.79 (+0.66), USG: 26.51 (-0.43), DIA: 166.45 (+2.07), AAL: 38.48 (+1.44), AAPL: 104.83 (+1.84), XLE: 85.90 (+1.57), BABA: 94.45 (+2.82), CBS: 53.75 (+0.84)
Trader Sees Oil Companies Cutting Supply to Support Sagging Prices
at The Street - Wed Oct 15, 4:18PM CDT
OPEC members seem more concerned about market share than the price of oil, says Jeff Grossman of BRG Brokerage.
USO: 31.06 (+0.51), UCO: 24.66 (+0.89), XLE: 85.90 (+1.57)
SmarTrend Watching for Potential Rebound in Shares of United States Oil Fund After 3.56% Loss
Comtex SmarTrend(R) - Tue Oct 14, 3:46PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $30.63 to a high of $31.92. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $31.71 on volume of 15.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 31.06 (+0.51)
United States Oil Fund Falls 3.56% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Oct 14, 3:46PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $30.63 to a high of $31.92. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $31.71 on volume of 15.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 31.06 (+0.51)
WTI Crude Oil Trades Below $85 -- but Could It Be Headed Lower?
at The Street - Mon Oct 13, 3:17PM CDT
WTI crude oil slips below the $85 level -- and Peter Amandio tells TheStreet’s Jill Malandrino it can go lower. A lot lower.
USO: 31.06 (+0.51)
Stock Market Today: Futures Fall in ‘Sell First, Ask Questions Later’ Market
at The Street - Fri Oct 10, 8:17AM CDT
U.S. stock index futures are plunging Friday, pointing to a potential weekly loss for the benchmark stock indices as investors continue to worry that the global economy is stalling.
USO: 31.06 (+0.51), AMZN: 313.18 (+0.21), SYMC: 23.87 (+0.36)
Downtrend Call Working As United States Oil Fund Stock Falls 12.7% (USO)
Comtex SmarTrend(R) - Thu Oct 09, 11:15AM CDT
SmarTrend identified a Downtrend for United States Oil Fund (AMEX:USO) on July 11th, 2014 at $37.35. In approximately 3 months, United States Oil Fund has returned 12.69% as of today's recent price of $32.61.
USO: 31.06 (+0.51)
After Yesterday's Decline of 1.32%, United States Oil Fund Offers Investors Better Value
Comtex SmarTrend(R) - Wed Oct 08, 4:23PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $32.69 to a high of $33.09. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $33.36 on volume of 7.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 31.06 (+0.51)
United States Oil Fund Set to Possibly Rebound After Yesterday's Selloff of 1.32%
Comtex SmarTrend(R) - Wed Oct 08, 4:23PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $32.69 to a high of $33.09. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $33.36 on volume of 7.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 31.06 (+0.51)
Stock Market Today: Friday Rally Fails to Recover Week's Losses
at The Street - Fri Oct 03, 2:03PM CDT
U.S. stocks are rallying on Friday on positive jobs sentiment, but not enough to recover from the week's losses.
USO: 31.06 (+0.51), VRX: 128.02 (-0.75), MDT: 65.61 (+0.95), COV: 88.45 (+1.04), SLXP: 135.56 (-2.05), DIS: 87.99 (+0.89), MYL: 50.43 (+0.07), CLF: 8.79 (-0.36), AGN: 183.37 (+0.56), JPM: 58.06 (+0.61), CQB: 13.76 (+1.02), SCHW: 26.53 (+0.52)
Stock Market Today: S&P 500 on Track for Four-Day Losing Streak
at The Street - Thu Oct 02, 12:22PM CDT
U.S. stock action stays lackluster in afternoon trading Thursday as investors remain on the sidelines after Wednesday's sharp pullback.
KO: 40.86 (+0.24), USO: 31.06 (+0.51), OI: 25.67 (+0.24), GLD: 118.52 (-0.82), STZ: 87.20 (+0.29), TWTR: 49.67 (+0.59), BA: 122.03 (+0.58), SHLD: 35.95 (+1.53), PEP: 93.76 (-0.70)
Stock Market Today: Stocks Flat as Factory Orders Post Big Decline
at The Street - Thu Oct 02, 9:21AM CDT
U.S. stock markets are flat Thursday as excitement over stimulus plans from the ECB fades as Mario Draghi speaks with the press.
USO: 31.06 (+0.51), GLD: 118.52 (-0.82), STZ: 87.20 (+0.29), BAC: 16.60 (+0.20), SHLD: 35.95 (+1.53)
Stock Market Today: Futures Flat as Jobless Claims Drop, Draghi Details ECB Plans
at The Street - Thu Oct 02, 8:10AM CDT
U.S. stock index futures are trading higher Thursday after the European Central Bank keeps its key refinancing rate at a record low of 0.05%.
KO: 40.86 (+0.24), USO: 31.06 (+0.51), T: 33.66 (-0.84), GLD: 118.52 (-0.82), DTV: 84.43 (-0.71), BAC: 16.60 (+0.20)
Stock Market Today: Dow Drops 250 Points as Trouble Brews
at The Street - Wed Oct 01, 2:29PM CDT
U.S. stock markets are sinking Wednesday afternoon as the new quarter begins with a barrage of weak overseas and domestic data, coupled with troubles brewing in China.
USO: 31.06 (+0.51), F: 14.40 (+0.27), GLD: 118.52 (-0.82), TKMR: 19.82 (+0.55), GM: 30.93 (-0.38)