Analyst: Watch OPEC, Goldman Sachs Wasn’t Wrong on Oil Price Prediction
at The Street - Wed Oct 29, 4:36PM CDT
Crude bounced as oil inventory data showed a smaller buildup of oil reserves than market watchers had expected.
USO: 31.23 (+0.41), UCO: 24.91 (+0.68), XLE: 85.99 (+0.28)
SmarTrend Watching for Potential Pullback in Shares of United States Oil Fund After 1.33% Gain
Comtex SmarTrend(R) - Wed Oct 29, 4:15PM CDT
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $31.00 to a high of $31.45. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $30.92 on volume of 7.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
USO: 31.23 (+0.41)
United States Oil Fund Has Returned 17.6% Since SmarTrend Recommendation (USO)
Comtex SmarTrend(R) - Fri Oct 24, 9:22AM CDT
SmarTrend identified a Downtrend for United States Oil Fund (AMEX:USO) on July 11th, 2014 at $37.35. In approximately 4 months, United States Oil Fund has returned 17.61% as of today's recent price of $30.77.
USO: 31.23 (+0.41)
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: 31.23 (+0.41), UCO: 24.91 (+0.68), XLE: 85.99 (+0.28)
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: 31.23 (+0.41)
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: 31.23 (+0.41)
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: 31.23 (+0.41), UCO: 24.91 (+0.68), XOP: 60.07 (+0.66), XLE: 85.99 (+0.28)
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: 31.23 (+0.41)
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: 31.23 (+0.41), UCO: 24.91 (+0.68), XLE: 85.99 (+0.28)
'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: 31.23 (+0.41), AMZN: 294.12 (-1.47), UCO: 24.91 (+0.68), DAL: 39.58 (-0.26), INTC: 33.92 (+0.18), HPQ: 35.38 (-0.16), TWX: 78.61 (-0.99), NFLX: 378.10 (-8.12), AGO: 22.65 (-0.03), JNJ: 105.56 (+0.77), SPY: 198.11 (-0.30), QQQ: 99.81 (-0.37), EBAY: 51.33 (+0.13), USG: 26.32 (-0.38), DIA: 169.40 (-0.26), AAL: 39.94 (-0.30), AAPL: 107.34 (+0.60), XLE: 85.99 (+0.28), BABA: 98.31 (-1.37), CBS: 54.06 (-0.01)
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: 31.23 (+0.41), UCO: 24.91 (+0.68), XLE: 85.99 (+0.28)
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: 31.23 (+0.41)
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: 31.23 (+0.41)
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: 31.23 (+0.41)
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: 31.23 (+0.41), AMZN: 294.12 (-1.47), SYMC: 24.56 (-0.05)
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: 31.23 (+0.41)
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: 31.23 (+0.41)
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: 31.23 (+0.41)
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: 31.23 (+0.41), VRX: 129.76 (-1.31), MDT: 67.04 (+0.53), COV: 91.69 (+1.69), SLXP: 139.36 (-0.58), DIS: 89.53 (-0.40), MYL: 50.85 (-0.86), CLF: 10.22 (-1.07), AGN: 186.77 (+4.17), JPM: 59.29 (-0.34), CQB: 14.39 (unch), SCHW: 27.63 (+0.54)