Ultra DJ-UBS Crude Oil Proshares (UCO) 18.09 $UCO
Sell Disney, Buy Netflix? Market Correction Could Be Coming
at The Street - Thu Aug 20, 2:41PM CDT
The CNBC 'Fast Money' traders examine Disney after the stock's latest rout, as well as the S&P 500, which is being weighed down Thursday.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOP: 33.82 (+0.99), DIS: 99.23 (+3.34), DISCA: 26.52 (+0.70), TLT: 121.93 (-2.40), TWX: 71.67 (+1.98), NFLX: 110.13 (+8.61), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), IWM: 112.48 (+2.79), TWC: 185.20 (+4.48), VIAB: 38.61 (+0.03), XLE: 61.26 (+2.04)
Avoid Energy Sector as Plunging Oil Hits Stocks
at The Street - Wed Aug 19, 2:16PM CDT
The CNBC ‘Fast Money’ traders were pretty clear: Now is not the time to be buying energy stocks, as oil has further downside ahead.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOP: 33.82 (+0.99), GOOG: 628.62 (+46.56), TLT: 121.93 (-2.40), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), GOOGL: 659.74 (+47.27), IWM: 112.48 (+2.79), XLE: 61.26 (+2.04)
Watch for ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound After Falling 1.57% Yesterday
Comtex SmarTrend(R) - Mon Aug 17, 4:49PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $21.80 to a high of $22.73. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $22.22 on volume of 5.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Housing Breakout a Positive Sign for U.S. Stocks; Tesla to $465?
at The Street - Mon Aug 17, 2:11PM CDT
The CNBC 'Fast Money' traders tackle rate hikes, oil prices, housing stocks and the possibility of Tesla Motors hitting a Morgan Stanley analyst’s price target of $465.
TSLA: 224.84 (+4.81), USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOP: 33.82 (+0.99), TLT: 121.93 (-2.40), XLV: 70.83 (+2.87), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), XHB: 35.69 (+0.80), DIA: 162.66 (+6.17), ITB: 27.04 (+0.66), IWM: 112.48 (+2.79), XLF: 23.17 (+0.84), XLE: 61.26 (+2.04)
ProShares Ultra DJ-UBS Crude Oil Down 33.8% Since SmarTrend Downtrend Call (UCO)
Comtex SmarTrend(R) - Mon Aug 17, 11:24AM CDT
SmarTrend identified a Downtrend for ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) on July 16th, 2015 at $33.67. In approximately 1 month, ProShares Ultra DJ-UBS Crude Oil has returned 33.81% as of today's recent price of $22.29.
UCO: 18.09 (+0.24)
Stocks Will Be More Volatile This Month; Twitter CEO Watch
at The Street - Fri Aug 14, 2:36PM CDT
CNBC's 'Fast Money' traders believe stocks will get more volatile this month, while SunTrust's Bob Peck says Jack Dorsey could be named CEO of Twitter as soon as next week.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), XBI: 218.99 (+10.78), DIA: 162.66 (+6.17), IBB: 341.75 (+16.49), IWM: 112.48 (+2.79), TWTR: 25.03 (+0.65), TLT: 121.93 (-2.40)
Oil Has Finally Bottomed; the Time to Buy Is Now
at The Street - Fri Aug 14, 10:14AM CDT
Expect a rally of nine to 18 months following crude's low this week.
UCO: 18.09 (+0.24)
Watch for ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound After Falling 5.63% Yesterday
Comtex SmarTrend(R) - Tue Aug 11, 4:33PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $22.92 to a high of $23.81. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $23.71 on volume of 8.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Fast Money: Oil Stocks, Buffett’s Big Buy and Apple Rebound
at The Street - Mon Aug 10, 2:04PM CDT
The CNBC ‘Fast Money Halftime’ traders debate the latest news in the stock market and discuss whether equities are ready to move higher.
XLB: 41.83 (+1.10), USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOM: 72.50 (+3.79), COP: 43.41 (+1.22), TLT: 121.93 (-2.40), PCP: 228.88 (+0.38), TBT: 45.18 (+1.76), XLV: 70.83 (+2.87), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), XLI: 50.51 (+1.53), IWM: 112.48 (+2.79), XLF: 23.17 (+0.84), BRK.B: 132.61 (+4.87), CVX: 73.09 (+3.07), AAPL: 109.69 (+5.95), BRK.A: 200,499.92 (+6,300.00), XLE: 61.26 (+2.04)
Shares of UCO Down 28.2% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Aug 10, 9:47AM CDT
SmarTrend identified a Downtrend for ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) on July 16th, 2015 at $33.68. In approximately 4 weeks, ProShares Ultra DJ-UBS Crude Oil has returned 28.20% as of today's recent price of $24.18.
UCO: 18.09 (+0.24)
After Yesterday's Decline of 3.96%, ProShares Ultra DJ-UBS Crude Oil Offers Investors Better Value
Comtex SmarTrend(R) - Fri Aug 07, 4:25PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $23.85 to a high of $24.69. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $24.39 on volume of 5.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Oil ETFs Slide Again: More Pain in Store? - ETF News And Commentary
Sweta Killa - Zacks Investment Research - Tue Aug 04, 8:40AM CDT
Oil ETFs trapped in the nastiest downward spiral in July and extended its rout with the start of August.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), DTO: 127.27 (-0.45), OIL: 7.19 (+0.03), UWTI: 0.79 (+0.01), BNO: 15.20 (+0.23), OLEM: 16.71 (+0.05), SCO: 128.90 (-1.63), DWTI: 215.15 (-2.85)
Oil ETFs Slide Again: More Pain in Store?
Sweta Killa - ZACKS - Tue Aug 04, 3:40AM CDT
Oil ETFs trapped in the nastiest downward spiral in July and extended its rout with the start of August.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), DTO: 127.27 (-0.45), OIL: 7.19 (+0.03), UWTI: 0.79 (+0.01), BNO: 15.20 (+0.23), OLEM: 16.71 (+0.05), SCO: 128.90 (-1.63), DWTI: 215.15 (-2.85)
Look for Shares of ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound after Yesterday's 6.32% Sell Off
Comtex SmarTrend(R) - Mon Aug 03, 4:59PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $25.42 to a high of $27.12. Yesterday, the shares fell 6.3%, which took the trading range below the 3-day low of $27.37 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.
UCO: 18.09 (+0.24)
ProShares Ultra DJ-UBS Crude Oil Has Returned 21.5% Since SmarTrend Recommendation (UCO)
Comtex SmarTrend(R) - Mon Aug 03, 9:21AM CDT
SmarTrend identified a Downtrend for ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) on July 16th, 2015 at $33.68. In approximately 3 weeks, ProShares Ultra DJ-UBS Crude Oil has returned 21.54% as of today's recent price of $26.42.
UCO: 18.09 (+0.24)
ProShares Ultra DJ-UBS Crude Oil Rises 4.90% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jul 29, 4:26PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $28.34 to a high of $30.69. Yesterday, the shares gained 4.9%, which took the trading range above the 3-day high of $29.81 on volume of 7.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
UCO: 18.09 (+0.24)
Twitter Earnings on Deck as Investors Digest an Energy Bounce
at The Street - Tue Jul 28, 3:09PM CDT
The CNBC ‘Fast Money’ traders are split on whether energy stocks look attractive or are just prospering from a temporary bounce.
SOCL: 17.11 (+0.51), USO: 12.77 (+0.04), UCO: 18.09 (+0.24), FB: 87.19 (+4.19), GOOG: 628.62 (+46.56), TLT: 121.93 (-2.40), SPY: 194.46 (+7.19), LNKD: 178.47 (+8.53), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), GOOGL: 659.74 (+47.27), XLI: 50.51 (+1.53), IWM: 112.48 (+2.79), TWTR: 25.03 (+0.65), IYT: 137.95 (+3.81), XLE: 61.26 (+2.04), FXI: 35.79 (+0.78)
Crude Oil's Long-Term Charts Point to More Bearish Action
at The Street - Wed Jul 22, 2:38PM CDT
Crude oil breaks below the key $50 level as global demand is simply not keeping up with the oversupply of product in the system.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), XOP: 33.82 (+0.99), XLE: 61.26 (+2.04)
Apple Investors Are ‘Insane’ to Sell After These Great Results
at The Street - Wed Jul 22, 2:22PM CDT
The CNBC ‘Fast Money’ traders were in agreement: Apple is churning out amazing results and should continue to do so in the future.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), XOM: 72.50 (+3.79), BA: 129.34 (+3.85), GOOG: 628.62 (+46.56), TLT: 121.93 (-2.40), YHOO: 32.52 (+0.78), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), XLK: 39.60 (+1.90), GOOGL: 659.74 (+47.27), IWM: 112.48 (+2.79), MSFT: 42.71 (+2.24), AAPL: 109.69 (+5.95), XLE: 61.26 (+2.04)
Look for Shares of ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound after Yesterday's 3.44% Sell Off
Comtex SmarTrend(R) - Mon Jul 20, 5:10PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $31.69 to a high of $32.76. Yesterday, the shares fell 3.4%, which took the trading range below the 3-day low of $32.05 on volume of 4.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Sell Disney, Buy Netflix? Market Correction Could Be Coming
at The Street - Thu Aug 20, 2:41PM CDT
The CNBC 'Fast Money' traders examine Disney after the stock's latest rout, as well as the S&P 500, which is being weighed down Thursday.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOP: 33.82 (+0.99), DIS: 99.23 (+3.34), DISCA: 26.52 (+0.70), TLT: 121.93 (-2.40), TWX: 71.67 (+1.98), NFLX: 110.13 (+8.61), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), IWM: 112.48 (+2.79), TWC: 185.20 (+4.48), VIAB: 38.61 (+0.03), XLE: 61.26 (+2.04)
Avoid Energy Sector as Plunging Oil Hits Stocks
at The Street - Wed Aug 19, 2:16PM CDT
The CNBC ‘Fast Money’ traders were pretty clear: Now is not the time to be buying energy stocks, as oil has further downside ahead.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOP: 33.82 (+0.99), GOOG: 628.62 (+46.56), TLT: 121.93 (-2.40), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), GOOGL: 659.74 (+47.27), IWM: 112.48 (+2.79), XLE: 61.26 (+2.04)
Watch for ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound After Falling 1.57% Yesterday
Comtex SmarTrend(R) - Mon Aug 17, 4:49PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $21.80 to a high of $22.73. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $22.22 on volume of 5.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Housing Breakout a Positive Sign for U.S. Stocks; Tesla to $465?
at The Street - Mon Aug 17, 2:11PM CDT
The CNBC 'Fast Money' traders tackle rate hikes, oil prices, housing stocks and the possibility of Tesla Motors hitting a Morgan Stanley analyst’s price target of $465.
TSLA: 224.84 (+4.81), USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOP: 33.82 (+0.99), TLT: 121.93 (-2.40), XLV: 70.83 (+2.87), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), XHB: 35.69 (+0.80), DIA: 162.66 (+6.17), ITB: 27.04 (+0.66), IWM: 112.48 (+2.79), XLF: 23.17 (+0.84), XLE: 61.26 (+2.04)
ProShares Ultra DJ-UBS Crude Oil Down 33.8% Since SmarTrend Downtrend Call (UCO)
Comtex SmarTrend(R) - Mon Aug 17, 11:24AM CDT
SmarTrend identified a Downtrend for ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) on July 16th, 2015 at $33.67. In approximately 1 month, ProShares Ultra DJ-UBS Crude Oil has returned 33.81% as of today's recent price of $22.29.
UCO: 18.09 (+0.24)
Stocks Will Be More Volatile This Month; Twitter CEO Watch
at The Street - Fri Aug 14, 2:36PM CDT
CNBC's 'Fast Money' traders believe stocks will get more volatile this month, while SunTrust's Bob Peck says Jack Dorsey could be named CEO of Twitter as soon as next week.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), XBI: 218.99 (+10.78), DIA: 162.66 (+6.17), IBB: 341.75 (+16.49), IWM: 112.48 (+2.79), TWTR: 25.03 (+0.65), TLT: 121.93 (-2.40)
Oil Has Finally Bottomed; the Time to Buy Is Now
at The Street - Fri Aug 14, 10:14AM CDT
Expect a rally of nine to 18 months following crude's low this week.
UCO: 18.09 (+0.24)
Watch for ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound After Falling 5.63% Yesterday
Comtex SmarTrend(R) - Tue Aug 11, 4:33PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $22.92 to a high of $23.81. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $23.71 on volume of 8.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Fast Money: Oil Stocks, Buffett’s Big Buy and Apple Rebound
at The Street - Mon Aug 10, 2:04PM CDT
The CNBC ‘Fast Money Halftime’ traders debate the latest news in the stock market and discuss whether equities are ready to move higher.
XLB: 41.83 (+1.10), USO: 12.77 (+0.04), UCO: 18.09 (+0.24), OIH: 27.61 (+1.00), XOM: 72.50 (+3.79), COP: 43.41 (+1.22), TLT: 121.93 (-2.40), PCP: 228.88 (+0.38), TBT: 45.18 (+1.76), XLV: 70.83 (+2.87), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), XLI: 50.51 (+1.53), IWM: 112.48 (+2.79), XLF: 23.17 (+0.84), BRK.B: 132.61 (+4.87), CVX: 73.09 (+3.07), AAPL: 109.69 (+5.95), BRK.A: 200,499.92 (+6,300.00), XLE: 61.26 (+2.04)
Shares of UCO Down 28.2% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Aug 10, 9:47AM CDT
SmarTrend identified a Downtrend for ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) on July 16th, 2015 at $33.68. In approximately 4 weeks, ProShares Ultra DJ-UBS Crude Oil has returned 28.20% as of today's recent price of $24.18.
UCO: 18.09 (+0.24)
After Yesterday's Decline of 3.96%, ProShares Ultra DJ-UBS Crude Oil Offers Investors Better Value
Comtex SmarTrend(R) - Fri Aug 07, 4:25PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $23.85 to a high of $24.69. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $24.39 on volume of 5.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
Oil ETFs Slide Again: More Pain in Store? - ETF News And Commentary
Sweta Killa - Zacks Investment Research - Tue Aug 04, 8:40AM CDT
Oil ETFs trapped in the nastiest downward spiral in July and extended its rout with the start of August.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), DTO: 127.27 (-0.45), OIL: 7.19 (+0.03), UWTI: 0.79 (+0.01), BNO: 15.20 (+0.23), OLEM: 16.71 (+0.05), SCO: 128.90 (-1.63), DWTI: 215.15 (-2.85)
Oil ETFs Slide Again: More Pain in Store?
Sweta Killa - ZACKS - Tue Aug 04, 3:40AM CDT
Oil ETFs trapped in the nastiest downward spiral in July and extended its rout with the start of August.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), DTO: 127.27 (-0.45), OIL: 7.19 (+0.03), UWTI: 0.79 (+0.01), BNO: 15.20 (+0.23), OLEM: 16.71 (+0.05), SCO: 128.90 (-1.63), DWTI: 215.15 (-2.85)
Look for Shares of ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound after Yesterday's 6.32% Sell Off
Comtex SmarTrend(R) - Mon Aug 03, 4:59PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $25.42 to a high of $27.12. Yesterday, the shares fell 6.3%, which took the trading range below the 3-day low of $27.37 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.
UCO: 18.09 (+0.24)
ProShares Ultra DJ-UBS Crude Oil Has Returned 21.5% Since SmarTrend Recommendation (UCO)
Comtex SmarTrend(R) - Mon Aug 03, 9:21AM CDT
SmarTrend identified a Downtrend for ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) on July 16th, 2015 at $33.68. In approximately 3 weeks, ProShares Ultra DJ-UBS Crude Oil has returned 21.54% as of today's recent price of $26.42.
UCO: 18.09 (+0.24)
ProShares Ultra DJ-UBS Crude Oil Rises 4.90% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jul 29, 4:26PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $28.34 to a high of $30.69. Yesterday, the shares gained 4.9%, which took the trading range above the 3-day high of $29.81 on volume of 7.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
UCO: 18.09 (+0.24)
Twitter Earnings on Deck as Investors Digest an Energy Bounce
at The Street - Tue Jul 28, 3:09PM CDT
The CNBC ‘Fast Money’ traders are split on whether energy stocks look attractive or are just prospering from a temporary bounce.
SOCL: 17.11 (+0.51), USO: 12.77 (+0.04), UCO: 18.09 (+0.24), FB: 87.19 (+4.19), GOOG: 628.62 (+46.56), TLT: 121.93 (-2.40), SPY: 194.46 (+7.19), LNKD: 178.47 (+8.53), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), GOOGL: 659.74 (+47.27), XLI: 50.51 (+1.53), IWM: 112.48 (+2.79), TWTR: 25.03 (+0.65), IYT: 137.95 (+3.81), XLE: 61.26 (+2.04), FXI: 35.79 (+0.78)
Crude Oil's Long-Term Charts Point to More Bearish Action
at The Street - Wed Jul 22, 2:38PM CDT
Crude oil breaks below the key $50 level as global demand is simply not keeping up with the oversupply of product in the system.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), XOP: 33.82 (+0.99), XLE: 61.26 (+2.04)
Apple Investors Are ‘Insane’ to Sell After These Great Results
at The Street - Wed Jul 22, 2:22PM CDT
The CNBC ‘Fast Money’ traders were in agreement: Apple is churning out amazing results and should continue to do so in the future.
USO: 12.77 (+0.04), UCO: 18.09 (+0.24), XOM: 72.50 (+3.79), BA: 129.34 (+3.85), GOOG: 628.62 (+46.56), TLT: 121.93 (-2.40), YHOO: 32.52 (+0.78), SPY: 194.46 (+7.19), QQQ: 103.03 (+4.94), DIA: 162.66 (+6.17), XLK: 39.60 (+1.90), GOOGL: 659.74 (+47.27), IWM: 112.48 (+2.79), MSFT: 42.71 (+2.24), AAPL: 109.69 (+5.95), XLE: 61.26 (+2.04)
Look for Shares of ProShares Ultra DJ-UBS Crude Oil to Potentially Rebound after Yesterday's 3.44% Sell Off
Comtex SmarTrend(R) - Mon Jul 20, 5:10PM CDT
ProShares Ultra DJ-UBS Crude Oil (NYSE:UCO) traded in a range yesterday that spanned from a low of $31.69 to a high of $32.76. Yesterday, the shares fell 3.4%, which took the trading range below the 3-day low of $32.05 on volume of 4.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
UCO: 18.09 (+0.24)
