Still Believe in Goldman's $20 Oil? Go Short With These ETFs
Sweta Killa - Zacks Investment Research - Mon Sep 21, 9:05AM CDT
Goldman warned that crude might hit as low as $20 per barrel. Investors could go short on oil with these ETFs.
GS: 179.19 (-1.88), SZO: 65.65 (-0.51), DTO: 83.50 (+0.89), DNO: 58.14 (+0.30), DWTI: 80.29 (+0.79), SCO: 71.78 (+0.54)
ProShares UltraShort DJ-UBS Crude Oil Rises 3.59% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Sep 14, 4:38PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $91.20 to a high of $94.46. Yesterday, the shares gained 3.6%, which took the trading range above the 3-day high of $92.46 on volume of 861,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SCO: 71.78 (+0.54)
Shares of SCO Down 21.3% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Sep 11, 9:58AM CDT
SmarTrend identified a Downtrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on August 27th, 2015 at $113.10. In approximately 2 weeks, ProShares UltraShort DJ-UBS Crude Oil has returned 21.31% as of today's recent price of $89.00.
SCO: 71.78 (+0.54)
Look for Shares of ProShares UltraShort DJ-UBS Crude Oil to Potentially Pullback after Yesterday's 6.61% Rise
Comtex SmarTrend(R) - Wed Sep 09, 4:54PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $85.61 to a high of $92.46. Yesterday, the shares gained 6.6%, which took the trading range above the 3-day high of $91.05 on volume of 1.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SCO: 71.78 (+0.54)
Look for Shares of ProShares UltraShort DJ-UBS Crude Oil to Potentially Rebound after Yesterday's 12.66% Sell Off
Comtex SmarTrend(R) - Fri Aug 28, 4:13PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $88.75 to a high of $106.15. Yesterday, the shares fell 12.7%, which took the trading range below the 3-day low of $103.60 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SCO: 71.78 (+0.54)
ProShares UltraShort DJ-UBS Crude Oil Up 63.7% Since SmarTrend Uptrend Call (SCO)
Comtex SmarTrend(R) - Wed Aug 19, 11:09AM CDT
SmarTrend identified an Uptrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on July 6th, 2015 at $68.97. In approximately 1 month, ProShares UltraShort DJ-UBS Crude Oil has returned 63.65% as of today's recent price of $112.87.
SCO: 71.78 (+0.54)
After Yesterday's Rally of 1.51% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Aug 17, 5:07PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $105.41 to a high of $109.75. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $107.71 on volume of 997,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SCO: 71.78 (+0.54)
Oil Tumbles to Six-Year Low: ETF Tale of Two Sides
Sweta Killa - Zacks Investment Research - Fri Aug 14, 9:30AM CDT
Given sliding oil prices, energy ETFs are piling up heavy losses while transportation ETFs enjoying higher profits.
USO: 15.99 (-0.05), XTN: 47.46 (+1.04), DTO: 83.50 (+0.89), FCG: 7.23 (-0.13), OIL: 9.30 (-0.02), BNO: 17.82 (-0.26), JETS: 24.28 (+0.71), OLEM: 20.48 (+0.46), IYT: 148.36 (+1.15), DWTI: 80.29 (+0.79), SCO: 71.78 (+0.54), PSCE: 20.52 (-0.09)
47.2% Return Seen to Date on SmarTrend ProShares UltraShort DJ-UBS Crude Oil Call (SCO)
Comtex SmarTrend(R) - Wed Aug 12, 9:47AM CDT
SmarTrend identified an Uptrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on July 6th, 2015 at $68.97. In approximately 1 month, ProShares UltraShort DJ-UBS Crude Oil has returned 47.21% as of today's recent price of $101.53.
SCO: 71.78 (+0.54)
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: 15.99 (-0.05), UCO: 26.77 (-0.21), DTO: 83.50 (+0.89), OIL: 9.30 (-0.02), UWTI: 13.52 (-0.18), BNO: 17.82 (-0.26), OLEM: 20.48 (+0.46), SCO: 71.78 (+0.54), DWTI: 80.29 (+0.79)
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: 15.99 (-0.05), UCO: 26.77 (-0.21), DTO: 83.50 (+0.89), OIL: 9.30 (-0.02), UWTI: 13.52 (-0.18), BNO: 17.82 (-0.26), OLEM: 20.48 (+0.46), SCO: 71.78 (+0.54), DWTI: 80.29 (+0.79)
SmarTrend Watching for Potential Pullback in Shares of ProShares UltraShort DJ-UBS Crude Oil After 6.41% Gain
Comtex SmarTrend(R) - Fri Jul 31, 5:24PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $83.10 to a high of $89.43. Yesterday, the shares gained 6.4%, which took the trading range above the 3-day high of $88.64 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SCO: 71.78 (+0.54)
ProShares UltraShort DJ-UBS Crude Oil Up 25.0% Since SmarTrend Uptrend Call (SCO)
Comtex SmarTrend(R) - Tue Jul 28, 5:35PM CDT
SmarTrend identified an Uptrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on July 6th, 2015 at $68.97. In approximately 3 weeks, ProShares UltraShort DJ-UBS Crude Oil has returned 24.95% as of today's recent price of $86.18.
SCO: 71.78 (+0.54)
ProShares UltraShort DJ-UBS Crude Oil Has Returned 10.5% Since SmarTrend Recommendation (SCO)
Comtex SmarTrend(R) - Tue Jul 21, 5:02PM CDT
SmarTrend identified an Uptrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on July 6th, 2015 at $68.97. In approximately 2 weeks, ProShares UltraShort DJ-UBS Crude Oil has returned 10.47% as of today's recent price of $76.19.
SCO: 71.78 (+0.54)
ProShares UltraShort DJ-UBS Crude Oil Set to Possibly Pullback After Yesterday's Rally of 5.57%
Comtex SmarTrend(R) - Wed Jul 15, 5:56PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $69.88 to a high of $74.20. Yesterday, the shares gained 5.6%, which took the trading range above the 3-day high of $73.00 on volume of 1.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SCO: 71.78 (+0.54)