Downtrend Call Working As United States Oil Fund Stock Falls 19.7% (USO)
Comtex SmarTrend(R) - Fri Nov 07, 11:06AM CST
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 19.75% as of today's recent price of $29.97.
USO: 29.76 (+0.16)
You Can Thank the 'Frackers’ for Cheap Oil This Holiday Season
at The Street - Wed Nov 05, 4:41PM CST
Author Gregory Zuckerman says the fracking revolution has done more to lower oil prices than Saudi Arabia.
USO: 29.76 (+0.16), UCO: 22.71 (+0.23), RDS.A: 71.00 (+1.54), UNG: 22.90 (-0.26), XOM: 96.59 (+0.33), CVX: 118.80 (+0.27), XLE: 87.79 (+0.96)
Crude Oil Is 'So Beat Up' It May Rally, Says Crude Oil Trader
at The Street - Wed Nov 05, 3:22PM CST
Jeff Grossman of BRG Brokerage tells TheStreet’s Jill Malandrino he is not surprised by the slight pop in crude following the most recent inventory data.
USO: 29.76 (+0.16)
After Yesterday's Decline of 1.55%, United States Oil Fund Offers Investors Better Value
Comtex SmarTrend(R) - Tue Nov 04, 4:18PM CST
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $28.89 to a high of $29.37. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $29.66 on volume of 12.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 29.76 (+0.16)
Watch for United States Oil Fund to Potentially Rebound After Falling 1.55% Yesterday
Comtex SmarTrend(R) - Tue Nov 04, 4:18PM CST
United States Oil Fund (AMEX:USO) traded in a range yesterday that spanned from a low of $28.89 to a high of $29.37. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $29.66 on volume of 12.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
USO: 29.76 (+0.16)
Stock Market Can Still Rally Despite Falling Oil Prices
at The Street - Tue Nov 04, 1:52PM CST
The CNBC "Fast Money" trading panel sees a rising stock market despite any short-term weakness from falling oil prices.
SPLS: 12.93 (+0.02), USO: 29.76 (+0.16), HLF: 37.50 (-2.49), UCO: 22.71 (+0.23), UN: 38.53 (+0.02), KORS: 69.95 (-2.36), TLT: 119.75 (+1.36), PCLN: 1,094.61 (-3.14), SPY: 203.34 (+0.19), QQQ: 101.60 (-0.09), S: 4.72 (+0.03), DIA: 175.58 (+0.29), ODP: 6.50 (+0.13), FL: 54.50 (+0.03), IWM: 116.71 (+0.18), XLE: 87.79 (+0.96), BABA: 114.56 (+2.99)
United States Oil Fund Has Returned 18.9% Since SmarTrend Recommendation (USO)
Comtex SmarTrend(R) - Fri Oct 31, 9:53AM 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 18.92% as of today's recent price of $30.28.
USO: 29.76 (+0.16)
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: 29.76 (+0.16), UCO: 22.71 (+0.23), XLE: 87.79 (+0.96)
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: 29.76 (+0.16)
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: 29.76 (+0.16), UCO: 22.71 (+0.23), XLE: 87.79 (+0.96)
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: 29.76 (+0.16)
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: 29.76 (+0.16)
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: 29.76 (+0.16), UCO: 22.71 (+0.23), XOP: 61.71 (+2.46), XLE: 87.79 (+0.96)
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: 29.76 (+0.16)
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: 29.76 (+0.16), UCO: 22.71 (+0.23), XLE: 87.79 (+0.96)
'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: 29.76 (+0.16), AMZN: 299.86 (+3.22), UCO: 22.71 (+0.23), DAL: 42.69 (-0.21), INTC: 33.58 (-0.24), HPQ: 36.38 (+0.23), TWX: 77.00 (-0.36), NFLX: 384.16 (+0.86), AGO: 24.53 (+1.12), JNJ: 108.20 (-0.81), SPY: 203.34 (+0.19), QQQ: 101.60 (-0.09), EBAY: 53.51 (+0.25), USG: 27.83 (+0.16), DIA: 175.58 (+0.29), AAL: 43.20 (+0.06), AAPL: 109.01 (+0.31), XLE: 87.79 (+0.96), BABA: 114.56 (+2.99), CBS: 51.31 (-0.82)
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: 29.76 (+0.16), UCO: 22.71 (+0.23), XLE: 87.79 (+0.96)
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: 29.76 (+0.16)