ProShares UltraShort DJ-UBS Crude Oil Rises 2.86% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Mar 24, 1:19PM CDT
ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) traded in a range yesterday that spanned from a low of $122.60 to a high of $129.63. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $121.50 on volume of 585,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SCO: 122.17 (+1.37)
36.8% Return Seen to Date on SmarTrend ProShares UltraShort DJ-UBS Crude Oil Call (SCO)
Comtex SmarTrend(R) - Tue Mar 22, 12:47PM CDT
SmarTrend identified a Downtrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on February 17th, 2016 at $177.62. In approximately 1 month, ProShares UltraShort DJ-UBS Crude Oil has returned 36.83% as of today's recent price of $112.20.
SCO: 122.17 (+1.37)
4 Inverse ETFs to Short Oil as Crude Prices Tumble
Madeleine Johnson - Zacks Investment Research - Fri Mar 11, 10:42AM CST
For investors seeking to make an inverse bet on oil, we have highlighted below four ETFs, any of which can be used to make a short play on oil.
SZO: 98.04 (+1.94), DTO: 167.60 (+2.60), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37)
Crude And Crude China Financials
Jeffrey Snider - Seeking Alpha - Thu Mar 10, 3:28AM CST
By Jeffrey P. Snider Crude oil prices in the US have jumped back up to above $38 again, leading various financial correlations toward much less depressing interpretations (chiefly stocks). That in turn has allowed the proliferation of the "it's...
FXCH: 77.17 (unch), CNY: 42.00 (unch), JFC: 14.87 (-0.19), OLO: 5.88 (+0.10), BNO: 12.52 (-0.04), YINN: 13.08 (-0.28), UGA: 26.50 (+0.21), USDU: 26.66 (+0.03), FXP: 45.29 (+0.65), DNO: 81.39 (+0.54), OIL: 5.30 (-0.06), PGJ: 29.60 (+0.06), FCA: 18.60 (-0.15), CHN: 14.33 (-0.15), YAO: 22.85 (-0.11), OLEM: 14.69 (-0.11), FXI: 32.74 (-0.23), GXC: 67.99 (-0.29), XPP: 40.47 (-0.67), USO: 10.06 (-0.05), UCO: 9.58 (-0.12), DTO: 167.60 (+2.60), UWTI: 23.78 (-0.43), CXSE: 44.57 (-0.82), SCO: 122.17 (+1.37), UUP: 24.93 (+0.01), MCHI: 41.24 (-0.20), YANG: 26.84 (+0.53), SZO: 98.04 (+1.94), DBO: 7.80 (-0.07), GCH: 8.14 (-0.10), CYB: 24.86 (-0.03), TDF: 16.59 (-0.13), YXI: 30.80 (+0.41), UDN: 21.98 (-0.01), CN: 27.47 (-0.53), DWTI: 143.75 (+2.26), USL: 16.57 (-0.13)
Is Now The Right Time To Invest In The Energy Sector?
Kevin Mahn - Seeking Alpha - Wed Mar 09, 9:55AM CST
The energy sector has been mired in a historic decline of crude oil prices essentially since 2014. This has largely been due to an oversupplied market in the face of relatively flat global demand. Of the 90 million barrels of crude oil supplied...
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
Crude futures jump after inventory data
Seeking Alpha - at Seeking Alpha - Wed Mar 09, 9:30AM CST
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DBO: 7.80 (-0.07), DTO: 167.60 (+2.60), OIL: 5.30 (-0.06), UWTI: 23.78 (-0.43), BNO: 12.52 (-0.04), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
Why Crude Oil Prices May Have Bottomed
Robert Boslego - at Seeking Alpha - Wed Mar 09, 8:26AM CST
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
The Long Side In Oil Is Not A Layup
Macro Ops - Seeking Alpha - Tue Mar 08, 3:46PM CST
By now, even those who don't watch the markets have noticed the epic 75% fall in crude oil. It's pretty hard to miss given that gas prices' now start with the number 1, instead of 2 or 4. And most of us are happy about the extra hundred bucks or so...
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
Seeking Alpha's Market Challenge: Oil Is Back! (Or Is It?)
SA Editor Michael Hopkins - Seeking Alpha - Tue Mar 08, 9:14AM CST
Update : More than 400 responses were logged for today's poll. Most feel oil has a long way to go: Oil has found at bottom at around $30 - 19.9% The latest surge is a long-term positive, oil is heading higher - 14.7% This is a temporary...
USO: 10.06 (-0.05), PSX: 88.06 (-0.06), VLO: 65.84 (+0.94), PXD: 139.19 (+2.42), TSO: 92.49 (+1.87), OIL: 5.30 (-0.06), EOG: 74.30 (-0.04), COP: 40.04 (+0.19), XOM: 83.98 (+0.23), OXY: 68.51 (+0.22), CVX: 94.85 (+1.26), SCO: 122.17 (+1.37), SLB: 72.58 (-0.38)
Is The U.S. Stock Market Rally For Real?
Kristina Hooper - Seeking Alpha - Tue Mar 08, 4:27AM CST
Transports lead the way Amid the raft of mixed market data this quarter, investors may not have noticed that the Dow Jones Transportation Average has risen more than 15% from the lows it hit in late January. Transports have always been viewed as an...
PKB: 24.27 (+0.05), UBR: 35.20 (-1.26), BNO: 12.52 (-0.04), USDU: 26.66 (+0.03), RINF: 27.48 (-0.01), EWJ: 11.35 (-0.07), DXJ: 43.41 (-0.23), NKY: 17.92 (+0.47), SPY: 203.12 (-0.09), HFXJ: 17.02 (+0.46), FXP: 45.29 (+0.65), DNO: 81.39 (+0.54), PGJ: 29.60 (+0.06), ITB: 26.20 (+0.09), JPP: 43.44 (-0.21), JPN: 21.98 (-0.27), YAO: 22.85 (-0.11), GXC: 67.99 (-0.29), FXI: 32.74 (-0.23), XPP: 40.47 (-0.67), JPNH: 21.75 (unch), XTN: 45.41 (-0.13), DTO: 167.60 (+2.60), JPNL: 35.33 (-0.78), JPXN: 49.41 (-0.61), UUP: 24.93 (+0.01), MCHI: 41.24 (-0.20), EWV: 53.42 (+0.72), YANG: 26.84 (+0.53), HEWJ: 25.16 (-0.10), FJP: 44.74 (-0.29), EWZ: 25.68 (+0.01), YXI: 30.80 (+0.41), DWTI: 143.75 (+2.26), JEQ: 7.23 (-0.05), FXJP: 24.23 (-0.26), JFC: 14.87 (-0.19), BZQ: 42.90 (+0.03), OLO: 5.88 (+0.10), HGJP: 31.33 (unch), YINN: 13.08 (-0.28), XHB: 32.78 (+0.03), DBJP: 33.44 (-0.12), DIA: 174.94 (+0.13), OIL: 5.30 (-0.06), FCA: 18.60 (-0.15), CHN: 14.33 (-0.15), EZJ: 75.30 (-0.94), OLEM: 14.69 (-0.11), IYT: 142.06 (-0.61), FBZ: 10.86 (-0.46), USO: 10.06 (-0.05), BRZU: 72.53 (-0.35), UCO: 9.58 (-0.12), UWTI: 23.78 (-0.43), DBBR: 9.26 (-0.21), CXSE: 44.57 (-0.82), SCO: 122.17 (+1.37), QQQ: 107.26 (+0.03), SZO: 98.04 (+1.94), DBO: 7.80 (-0.07), GCH: 8.14 (-0.10), TDF: 16.59 (-0.13), HEGJ: 23.71 (-1.58), UDN: 21.98 (-0.01), CN: 27.47 (-0.53), USL: 16.57 (-0.13)
Was This The Seasonal Low In Oil?
Ivan Martchev - Seeking Alpha - Tue Mar 08, 3:31AM CST
Many investors of late are wondering if this was a “bottom” in oil or merely a “low”? A bottom is a price that holds for a long time after a prolonged decline and emerges as an “area of support,” where buyers emerge every time the price nears that...
JFC: 14.87 (-0.19), OLO: 5.88 (+0.10), BNO: 12.52 (-0.04), YINN: 13.08 (-0.28), FXP: 45.29 (+0.65), DNO: 81.39 (+0.54), OIL: 5.30 (-0.06), PGJ: 29.60 (+0.06), FCA: 18.60 (-0.15), CHN: 14.33 (-0.15), YAO: 22.85 (-0.11), OLEM: 14.69 (-0.11), GXC: 67.99 (-0.29), FXI: 32.74 (-0.23), USO: 10.06 (-0.05), XPP: 40.47 (-0.67), UCO: 9.58 (-0.12), DTO: 167.60 (+2.60), UWTI: 23.78 (-0.43), CXSE: 44.57 (-0.82), SCO: 122.17 (+1.37), MCHI: 41.24 (-0.20), YANG: 26.84 (+0.53), SZO: 98.04 (+1.94), DBO: 7.80 (-0.07), GCH: 8.14 (-0.10), TDF: 16.59 (-0.13), YXI: 30.80 (+0.41), CN: 27.47 (-0.53), DWTI: 143.75 (+2.26), USL: 16.57 (-0.13)
Crowded Shorts And Stupid Math
The Inflation Trader - Seeking Alpha - Tue Mar 08, 1:04AM CST
With Monday's trade, WTI Crude oil is now up 45% from the lows set last month! That's great news for the people who had endured a 75% fall from the 2014 highs to last month's low. More than half of the selloff has been recouped, right? Well…not...
OLO: 5.88 (+0.10), OIH: 26.28 (+0.06), BNO: 12.52 (-0.04), DUG: 61.70 (-0.61), PXJ: 11.53 (+0.11), UBN: 5.83 (-0.15), ERY: 22.17 (-0.28), FIF: 15.01 (-0.10), FXN: 14.01 (+0.13), ERX: 23.37 (+0.27), DNO: 81.39 (+0.54), OIL: 5.30 (-0.06), ONG: 15.68 (unch), JJE: 5.00 (-0.03), OLEM: 14.69 (-0.11), RYE: 47.97 (+0.22), XLE: 61.84 (+0.30), VDE: 85.49 (+0.53), USO: 10.06 (-0.05), DBE: 10.59 (+0.01), UCO: 9.58 (-0.12), DDG: 29.17 (-0.06), DIG: 30.70 (+0.28), DTO: 167.60 (+2.60), UWTI: 23.78 (-0.43), SCO: 122.17 (+1.37), IYE: 34.65 (+0.17), RJN: 2.21 (-0.01), FENY: 17.50 (+0.07), SZO: 98.04 (+1.94), DBO: 7.80 (-0.07), BGR: 12.85 (+0.05), DWTI: 143.75 (+2.26), USL: 16.57 (-0.13)
U.S. oil rig count drops for 11th straight week
Seeking Alpha - at Seeking Alpha - Fri Mar 04, 12:44PM CST
DCNG: 15.07 (+1.07), USO: 10.06 (-0.05), KOLD: 216.90 (-7.89), UCO: 9.58 (-0.12), OLO: 5.88 (+0.10), DTO: 167.60 (+2.60), UNG: 6.40 (+0.10), UWTI: 23.78 (-0.43), BNO: 12.52 (-0.04), SCO: 122.17 (+1.37), SZO: 98.04 (+1.94), DNO: 81.39 (+0.54), DBO: 7.80 (-0.07), DGAZ: 23.43 (-1.13), OIL: 5.30 (-0.06), UGAZ: 21.58 (+0.95), BOIL: 10.06 (+0.32), GAZ: 0.52 (+0.03), UNL: 8.64 (+0.14), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), USL: 16.57 (-0.13)
12.2% Return Seen to Date on SmarTrend ProShares UltraShort DJ-UBS Crude Oil Call (SCO)
Comtex SmarTrend(R) - Thu Mar 03, 3:36PM CST
SmarTrend identified a Downtrend for ProShares UltraShort DJ-UBS Crude Oil (NYSE:SCO) on February 17th, 2016 at $177.62. In approximately 2 weeks, ProShares UltraShort DJ-UBS Crude Oil has returned 12.17% as of today's recent price of $156.00.
SCO: 122.17 (+1.37)
Is The U.S. Oil Market Starting To Tighten?
Lior Cohen - at Seeking Alpha - Thu Mar 03, 1:48PM CST
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
An Augment To Chris Cook's Oil Prices Article 'The Big Long'
Peter F. Way, CFA - at Seeking Alpha - Thu Mar 03, 10:57AM CST
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SPY: 203.12 (-0.09), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
How Low Will Oil Prices Go?
DDCapital - at Seeking Alpha - Thu Mar 03, 12:50AM CST
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
U.S. Crude Stocks Soar Despite OPEC 'Freeze' Concept
Robert Boslego - at Seeking Alpha - Wed Mar 02, 9:47PM CST
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), UGA: 26.50 (+0.21), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
Why Do Oil Prices Keep Astonishing Us?
Timothy Taylor - Seeking Alpha - Wed Mar 02, 5:59PM CST
The drop in crude oil prices from more than $100/barrel in June 2014 to just over $30/barrel at present has been astonishing. But then, the rise in oil prices from less than $20/barrel in late 1998 and early 1990 to a peak of $125/barrel in August...
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)
Some Charts And Updates On America's Amazing Shale Revolution - It's Not Over Yet
Mark J. Perry - Seeking Alpha - Wed Mar 02, 5:49PM CST
The Energy Information Administration released a lot of year-end production and other energy-related data this week, and there's been a lot of shale energy-related news recently, so I present below 10 items (including 6 charts) highlighting America's...
USO: 10.06 (-0.05), UCO: 9.58 (-0.12), SZO: 98.04 (+1.94), OLO: 5.88 (+0.10), DNO: 81.39 (+0.54), DTO: 167.60 (+2.60), DBO: 7.80 (-0.07), OIL: 5.30 (-0.06), BNO: 12.52 (-0.04), UWTI: 23.78 (-0.43), OLEM: 14.69 (-0.11), DWTI: 143.75 (+2.26), SCO: 122.17 (+1.37), USL: 16.57 (-0.13)