United States Oil Fund (:USO)

Strategy Session April 21st, 2020

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  • champ: @curtis $CVX...thats a good idea..$USO, $XOP $UNG $XOM.....just never know..because the World could wake-up to a pre #Drill-Baby-Drill event in the morning, we will see how the Energy sector play-out in the coming days. Good Luck! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • champ: $XOM $XOP $KMI $PAA....these are working but ZigZagging........and these are ETF's to watch for sector direction......$USO $BOIL $UNG....and this is a nice stock to Watch also for Direction, however I have NP's on these last 4 symbols. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • champ: $XOP $XOM $USO $KMI $PAA.....more new #News.....in that Interactional Airliners #suspend flights to the Middle East regions, that could be effected by a wider conflict...as Middle East #tension-rise. ....These Oil plays are making Profits......off of those Middle East tensions. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • champ: @champ $XOP $XOM $USO $KMI $PAA #News #suspend #tension-rise.....should have read......is that #International Airliners......
  • Wolf: $NFLX $USO $GLD Only green on my streaming tickers.
  • champ: ...
    ....Need these ETF's to work......$SSO $FAS $LABU $USO $XLE $XOP and if these were all up nicely, then the $TNA...would really be working....
    .............however only need a few of these to be working.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    ....Watch ...
  • StockMarketMentor: Good morning Team! Futures are opening lower this morning with some stocks giving back some gains from yesterday. Even though it's a mixed week schedule wise, there are some key jobs data Friday and including today's JOLTS report. We had the ISM Surv ...
  • champ: $USO...the price of Oil is up again this morning and is at $84.00 bbl
  • Mikev200: $USO above 4/26 high.
  • champ: @Mikev200... Yes sir...$USO is back at $81.50, HOD and Yes it could keep climbing.. ...and the Hurricane-season just started, with hurricane Beryl and as each hurricane pop-up, they are expected to have an impact on the flow of Oil....... ....plus OPEC..along with other countries, they are all expected to #cut-Oil-production even further in the third quarter..... ....and the price of Oil is now back-up to $83.25 and is expected to climb even higher. ~~~~~~~~~~~~~~~~~~
  • StockMarketMentor: Good morning Team! Futures are down a bit but still holding up in trend. The market is setting up for CPI and the FOMC tomorrow. We are getting some pretty big swings in the dollar and the 10 Year but it's not having much effect on the stock market. ...
  • bigbartabs: $USO ... oil falling like a rock.
  • scottrades: My notes: $SPY Lower Low $QQQ Lower Low $IWM High Open, low close $DXY Down on the day $TNX Down on the day $GLD Still above the MAs $USO Down $TLT Up $SMH Failed at the 50 Day $IBIT Undercut the 50 Day $SSO Would like a lower open $QLD Would like a lower open $NVDA On the 50 Day $MSFT Watch for an upside reversal $SMCI on the 21 EMA $NVO Just under the 50 Day $OWL At the 50 Day $HEI Watch 200 $WING on an Earnings Launch Pad? $MJ Pot Stocks near the 50 Day
  • champ: $ERX ..at $76.40....could watch this ETF...and could also look at the 24-Oil companies that its is holding, plus 4 other holdings. ...This might be an ETF to hold over the weekend..... ...and could also watch $GUSH for direction in the Energy sector...plus the Price of Oil...$USO. The News-flow is, an attack by Iran is going to happen at anytime.....and if it happens over the weekend, these positions will have a nice/huge bounce.
  • champ: $USO..the price of Oil has dropped around $1.20 off of HOD and is now at $86.30 and is now zigzagging.
  • scottrades: My notes: COTD: Here’s why you should be bullish on India $INDA $SPY / $QQQ 50 Day Support $IWM Near the 50 Day $SMH In trend $DXY Still a headwind $TNX Does this matter? $GLD Goes doesn’t care about rates $GDX 8 EMA Support $USO Flag $XME Handle $URA In trend $IBIT Tightening up $AMZN Working $GOOGL Working $NVDA Back above the MAs $MSFT Near the highs $AXON Support at the 8 and 21 EMA $ANET Holding the 8/21 $COIN Support at yesterdays low $MSTR Out of the wedge $HOOD Power Bar $CLSK Maybe finding a floor $DXCM Watch 142 $HUBS Working $NET At the 50 Day $TOST Good volume
  • scottrades: $USO Pushing higher - 10 min chart
  • scottrades: My notes: $SPY / $QQQ Non Farm PayRolls tomorrow. $IWM Downside Reversal $DXY Above the 50 Day $TNX Did not move up on Fed Comments $SMH Stopped at resistance $GLD Buyers into the close $SLV Big breakout $GDX Near the highs $USO Big move up $XLE Watch for a pullback $XME Metals catching up $IBIT Strong amid the weakness $TSLA Wedge $NVDA Under the 21 EMA $NFLX Still above the 21 EMA $HUBS Take over talk $LMT Watch this slope $LZ Pinching $GOLD Extended $AEM High Base $AG Watch for a Pullback $FNV Watch 122.30 $RGLD Watch 124.80
  • champ: @wijimmy $ERX $KMI $PAA $LBRT $SOI $SLCA $WTTR $NBR.....and I'm trading these positions $USO $CVX $OXY $HES, for now.......I updated my #Drill-Baby-Drill energy list......
  • wijimmy: $XOM, $UCO, $USO, $TNK, $STNG .. OUCH.....12:30pm Oil and Tanker Flush......
  • wijimmy: @wijimmy $XOM $UCO $USO $TNK $STNG @CHAMP,@SCOTTRADES .. Good News for some..Bad News for Others... NP just watching
  • vitoB: $USO W bottom coming right up to the 200d, im long $CVX , if we get oil closing above 78 , lets see how market reacts
  • Wolf: $USO #OIl Clean breakout through the 50DMA and upper BB today on average volume. Watching
  • Wolf: $USO Started PM up about 2% and has been slowly giving it back all day.
  • DavidK: $USO- Bought March calls . $hit heating up in the Red Sea.US defense Secretary missing in action and know one knows who is on first while the world is starting to catch real fire . I am looking for some serious downside in markets soon . Actually I bought and sold $ IWM puts yesterday at close and sold this am for nice profit . Back in puts again . $NVDA puts and $BA puts . Bought and sold once for decent gain . Back in them again .
  • bigreek42: @DavidK $USO $hit $NVDA $BA and if Nikki Haley comes anywhere close to the WH we are looking at WW3.
  • bigbartabs: @oldtimer $USO $XOP $GUSH $UNG $XLE $XLF $XLV ... glad it helps. Over time... I have simplified my trading by staying at a higher level... mainly the index derivatives (1x triggering the 3x ETFs), and then the major sectors (the same, 1x triggering the 3x ETFs). Sometimes I'll trade some individual tickers... but that's not where I buy and sell in size, like I do at the index and sector level trades. I have enough trouble staying on top of indexes and sectors, let alone hundreds of individual stocks. Of course everyone has their druthers... developed over decades of trading. FWIW... all the best buddy... sounds like you are doing just fine at this crazy "job" we all decided to bite off! ==:O
  • champ: @vitoB ...$USO and $XOP....could watch both of these for sector direction. Good Luck!
  • bigbartabs: @champ $USO $XOP ... I bought some $GUSH this morning, since the $XOP chart looks decent having risen above the 50dma. I'll add at the close if it behaves iteslf.
  • champ: @bigbartabs $USO $XOP $GUSH.....This is the only sector that makes sense today, will see what tomorrow brings....and I took profits off on all my positions, only holding a few small positions, I'm basically out of the Markets, for now. ....Good Luck and $GUSH should be low risk, with everything thats going on.
  • scottrades: My notes: $SPY Back to the 21 EMA $QQQ Under the 21 EMA $IWM Filling the Gap $DIA Closed under the 8EMA $DXY Reverting to the mean $TNX Despite the Hawkish tone, close near the lows $TLT Off the 21 EMA $XLE Support art the 50 Day $USO Needs a higher high $SMH Needs an upside reversal $XHB Watch for a gap fill $GLD Watch as it comes into support $GBTC Above the 21 EMA $ETHE Bounce near the 21 EMA $NVDA Basing near the 50 Day $MSFT Basing $SMCI At the 50 Day $COIN Choppy $MSTR Saylor selling 5000 per day $MARA Needs to tighten up $TOL Watch for a gap fill $PHM Holding the 21 EMA $XOM Trying to get above the 50 Day $KMI Breaking out of a base $DVN Close to resistance. $LPG Trending $PDD China Stock $NVO Above all the MAs
  • oldtimer: @bigbartabs $USO $XOP $GUSH Good Evening . . have been tracking your list that you gave to me a few weeks back. For a while the list was all above the 8WMA . . seeing a lot of items dropping below and have updated my charts with new trend lines. $UNG, $XLE, $XLF, $XLV maybe, and as you mentioned $XOP. Thank you again for the ideas and need to figure out my buying strategy. starting small
  • scottrades: $USO under the 200 Day (The place where nothing good happens...except in this case maybe lower gas prices)
  • champ: $USO ....$CVX....both might be turning and all the others could start to follow....like $WFRD...
  • champ: $USO....the Energy sector is in the #toilet again and I did get out of all of my Energy-trades on Friday and Monday.......because the price of Oil keeps forcing me out of my positions in this sector. ....and I'm #Waiting and Watching for new Entries....because I sure don't know where the #New low-entries are going to be...... ....because the Price-action on Oil keep falling and that is #forcing both Traders and Investors out of their positions....... ~~~~ Watch for Entries in this sector.........
  • champ: $USO ...$XOP....the pice of Oil is at a #triple-daily-low....RHRN.... ....should or could get the next bounce, then the sector should get a nice move. ....this is what the Day-Traders are waiting for, a Turn, maybe RHRN on the Daily.
  • champ: $USO is the pure plays on WTI-Oil.
  • champ: Watch WTI-Oil....because the $USO is dancing around....and for me, I'm still Holding $CVX and $XOP....and I added this morning.... ....$KMI...plus I'm still holding this pipeline company because they just reported on the Call, that all of their Businesses, all of their earning streams should be strong/stronger in this current quarter....... ....and for me that means, much stronger than their last quarter that they just reported on....I also added to this stock this morning.
  • scottrades: ...
    The market is looking a bit positive, as investors are waiting for some big companies to report their earnings and some important data like retail sales, housing starts and jobless claims give us more clarity on how the economy is doing. The U.S. Do ...
  • bigbartabs: @scottrades $UUP $GLD $USO $GBTC $SSO $QLD $AMD $NVDA $GOOGL $COIN $PLTR $GDX $DKNG $ADBE ... $BITO jumped up this morning. I presume that the crypto news on ETFs will be good for BITO from here?
  • jpoko13: $USO Biden administration making a deal with authoritarian regime Venezuela to ease sanctions...oil prices fall
  • scottrades: My notes: $SPY Watching for a bounce. Near the 200 Day $QQQ Stronger than SPY $UUP Wrecking Ball $TNX 2007 Levels, Intervention is the only ending. $VIX Went above 20 today $TLT New Low $USO At the 21 EMA $XLE Needs to tighten up $SMH Rejected at the 21 EMA $GBTC Holding up. $AAPL Watch 174.40amzn $AMZN Watching for an upside reversal $NVDA Stopped at the 50 Day $GOOGL Still above the 50 Day $META Chopping around the 50 Day $MSFT Watch for an upside reversal $NFLX Ugly. $TSLA Above the 100 EMA $TDW Above the 50 Day $X Still in trend.
  • champ: Names in the Energy sector have been taking a beating...the sector fell back after the Dollar started climbing 8-days ago...($UUP)...and Interest-rates also started climbing 8-days ago....and then that started putting pressure on the price of Oil, 4- ...
  • scottrades: My video notes: COTD: $FN Breakout Alert! $SPY / $QQQ Swing support at yesterdays low $UUP Still in trend, not out of the woods yet $TNX Short term Top? $TLT Trying to bounce $USO Still in trend $XLE Still in trend $XME Above the MAs on good volume $SMH Testing the 100 EMA $IGV Through the 100 EMA $TAN Hammer Time? $GBTC Trying the 50 Day $ETHE Are Ethereum futures coming? $BTF Why yes, Ether Futures are here. $TSLA Support at 234 $GOOGL Through the 50 on low volume $META New product announcement. $NFLX Trying to hold the 200 Day $NVDA Hopefully not a bear flag $AMD still in a channel $ON Clear slope $SHOP At the 200 Day $FN Breaking out $ANET Support at 177 $CRWD Above all the MAs $DKNG Watch 29.50 $UBER Testing the 50 Day $CLS Near a pivot on good volume $TDW Still ok $X Watch 32.50
  • champ: $USO is HOD....because ...the price of WTI-Oil is at $93.90 and thats up $3.50.
  • scottrades: $USO coming through the 8EMA
  • scottrades: My video notes: $SPY/$QQQ Hard to swing.. $UUP Up Up and Away $TNX Higher Highs $USO Back through the 8EMA $XLE Above the 50 Day $GLD Not great $UVXY Mentioned by champ in the forum $TLT Waiting for capitulation $SQQQ Inverse Ultra $XME Nowhere to hide. $GBTC US Congress Askes Gary to approve. $META Holding up well $TSLA Above the 100 EMA $TDW Mentioned this morning $LULU Chopping around the 50 Day $ELF trying to rebound. $NOV Slope $VIST Base $AESI ATH on Volume $X Watch 32.50 $CCJ In trend but might be crowded.
  • scottrades: My notes: $SPY Broken $QQQ Broken $IWM Broken $DIA Broken $UUP Still in an uptrend $TNX New High $GBTC closed under the 50 Day $URA Welcome to Commodity Investing. $USO In consolidation $XLE Dripping lower $GLD Back under the 200 Day $AAPL Not bullish. $NVDA Near the 100 EMA $AMD Near the 200 Day $SHOP Watch the 200 Day $TSLA Near the 50 Day $ELF Trying to bounce $MA at the 50 Day $V At the 100 EMA
  • scottrades: ...
    Energy has been a good spot to be over the last few days $XLE $OIH and $USO are all in uptrends and short term traders will want to use either the 8EMA or the 21EMA as support levels. The intervention from Oil producing countries has kept prices ele ...
  • champ: $USO...WTI-Oil for the 3rd time today hit $90.00, HOD and then fell back and it is currently at around that level again, and now for the 4th time it is at HOD ....and it looks like...it could take some time before the price of Oil #closes above $90.00.....and that could happen today or a Week from now........ .....however it might Not even move through.. until it builds a base or has more News from OPEC..... .....and the guess is, the price of Oil is #Not going to close above $90.00 today......however it looks like WTI-Oil needs to Open above $90.00... before it could hold that price level and then close above $90.00.
  • champ: $USO....the price of WTI-Oil is more or less flat but up a little, at $89.00 this morning and it is zig-zagging around a 10 month high.
  • champ: $USO....a little info....U.S. Crude Oil #imports averaged 7.6m bp day last week and the 4-week average is around 7m bpd, which is 13% more imports than last year. ....The U.S. really does to need to raise Oil production, need to Drill for more Oil....U.S. needs to use more clean Oil and to Not import dirty Oil....... ........in 2008, Sarah Palin said Drill Baby Drill and we should keep our Oil $$$$ at home....need to keep all of our Oil men and women working and these reasons are easy enough to understand Why.
  • wijimmy: @champ $USO #imports $OIL .. { Sometimes, Common Sense.. isn't So Common !!! }
  • marklesparkle: @champ $USO #imports Permian Region operators are drilling shorter wells, decreasing effects of higher input costs
    Permian operators are drilling shorter wells, blunting the effects of rising costs of oil and natural gas production. Shorter wells hel ...
  • marklesparkle: @marklesparkle $USO #imports https://www.eia.gov/petroleum/weekly
  • champ: @marklesparkle $USO #imports.......#Thanks, for your nice info posts. Plus all the Oil companies are replacing their Older wells, the ones that are now only producing very low volumes....because they are starting to dry-up, work-in-process.
  • marklesparkle: @champ $USO #imports #Thanks Welcome champ that EIA site is free and very informative. Nothing to trade from but theres a lot of lingo in there too
  • champ: @marklesparkle $USO #imports #Thanks ...Yes it is, could also check out this website....#investing.com, for all of the latest Oil news, click on News and then commodities.....and then see what you think, you might like it, they also have charts with News on those charts, for those who want too see why the chart either bounced or dropped.........
  • marklesparkle: @champ $USO #imports #Thanks #investing I certainly will thanks champ
  • scottrades: $XLE $OIH $USO Holding up as the $SPY and $QQQ make a new low.
  • scottrades: ...
    $USO Working but extended.
    $ARKK Rejected at the 50.
    $GBTC Holding the 50 Day. More ETFs Rolling in.
    $MSOS Would like to see it tighten up.
    $QID Higher low?
    $SDS Higher low?

    $AMD Still in a channel
    $AMZN Inside day
    $GOOGL Low volume pullback
    $TS ...
  • champ: $CVX is at $166 and I'm holding a swing position....and $USO is at $77.50, NP.........and I read a Briefing article that said... that the price of WTI-Oil could maybe hit $100 pb, this fall and the price of energy effects everything that we buy,....
    ...
  • champ: ...
    ....$USO is at $78.50.... and it sure looks the Price of Oil is going to continue moving-up because of OPEC, the Saudis and now #Russia.......
    ....Everything in the Energy-sector will zig-zag....because the Price off Oil is zig-zagging higher....... ...
  • DAN: ...
    $USO -- Breakout from a 1-year cup. Low handle? $100 bbl is my bet.
    : Oil surging as Saudi exports shrink to lowest in 2 years due to Aramco $50 billion offering. They want to jack up oil prices so they can make more dough. Makes sense. But wai ...
  • champ: $USO...HOD...at $75...the price of WTI-Oil jump up today to $83.43, as of RHRN. ....and $GUSH is Flat....and Energy stocks also Flat, thats kind of unusual....$CVX and others.
  • scottrades: My notes: COTD: Let’s follow up on $UBER $SPY Rest ahead of Non-Farm Pay Rolls $QQQ Tech Leaders are working $IWM Stopped at the 50 Day $DIA Pulling back to the MAs $UUP Was the other day a shot across the bow? $TNX Lower Low $SMH Above the MAs $ARKK Trying to get back to the 50 Day $GLD Fake out? $XOP Watch 150 $USO Close to a breakout $GBTC more ETF Delays $ADBE Breaking out $AMZN Actionable $META Didn’t close strong $NVDA Still in trend $MSFT Under the 50 Day still $TSLA at the 50 $SHOP Watch the low $FANG Energy still fine $AMAT Working $LRCX Great volume $ANET ATH $AMD Lagging $COIN Back into some support. $MSTR Watch the 50 Day $MARA Alert at 14 $RIOT Alert at 12.60 $LULU Watch tomorrow
  • champ: $USO is at HOD...$75...expect zig-zags.
  • champ: $GUSH...$USO, WTI-Oil futures closed at $82.78, up $1.22.
  • ray: @Francoise @DAN $RIG Dan, any associated comments on $USO would also be appreciated. $USO rose above the 200 SMA on July 12, fell back to test and has been advancing over the last week.
  • champ: $CVX...nice green stairs, plus Upgrade this morning also, the sector is moving.....$USO/$GUSH....WTI-Oil is up $2.50.......place your bets on your targets.
  • phgruver: I was just noticing that oil, $CL=F, is trading near the bottom of a channel that goes back to mid March. This may be a good time to take another look at oil related stocks.... $USO, $XOM, $KMI, $APA, etc.
  • champ: @phgruver $CL $USO $XOM $KMI $APA....Yers sir and I have been Watching this sector for the last 2-Days.....however this sector will #zig-zag off of News....$GUSH $CVX $OXY and others.....
  • champ: $GUSH ...$USO....Oil is up Today and that = a nice Market, place your Bets.....
  • LFYoda: @scottrades $SPY $QQQ $GLD $SLV $GDX $SMH $ARKK $ITB $XLE $USO $BLOK $AXON $BA $BABA $META $RMBS $AMD $ON $ALGM $COIN $MARA $RIOT $HUT $EXTR $SONO $FND $NOW $TXRH $GOLD $AEM $RGLD Scott, video was helpful. Love the in depth analysis.
  • champ: $GUSH...is at $135 and WTI-Oil is up again this morning and is at $81.10 pb....and $USO is at $70.75....... ~~~I'm holding a spec $GUSH position and I'm watching all the Names in the sector.
  • champ: $USO, the Energy Settlement, WTI-Oil price, close on HOD at $81.53pb. #Oil-inventory numbers will be reported at 10:30 ET, in the morning.
  • scottrades: My video notes: $SPY / $QQQ Awaiting CPI $GLD Above the 8EMA $SLV Highest Level since May 2022 $GDX Same $SMH Consolidating $ARKK Under the 50 Day $ITB Above the MAs $XLE / $USO Flagging $BLOK Blockchain ETF Bitcoin - Breaking out $AXON Above the MAs $BA Above the MAs $BABA Flag $META Trending $RMBS Still above the MAs $AMD Watching today’s high $ON Took Profit $ALGM Took Profit $COIN Extended $MARA Added to the ATL $RIOT Monster $HUT Running into some supply $EXTR Pullback to the 8EMA $SONO High Short interest $FND Watch 99.50 $NOW Earnings April 26 $TXRH New High $GOLD In consolidation $AEM Running into resistance $RGLD Extended above the 8EMA
  • champ: $GUSH $VLO $HES, running flat today.....and WTI-Oil is up $1.20, at $74.15...and $USO is up nicely.
  • champ: $GUSH...$USO....real nice Day for the Price of WTI-Oil.....posted on Friday to watch this sector, and it looks like....I'm going to swing 1/2.....
  • marklesparkle: Now $USO has turned south
  • champ: ...
    .......this is a Test bounce Day for the sector also..... $GUSH $OIH $XOP $XLE $USO.....
    this sector is moving into the unknown......so I'm thinking that I want to hold something....at some point......$FANG or $CVX $XOM $DVN.....this day is a, Holy- ...
  • woodman: @champ $PBF $GUSH $OIH $XOP $XLE $USO $FANG $CVX $XOM $DVN $hit #News #missed - PBF, nice. Other #Refiners with similar look: $VLO $DK $DINO
  • champ: @woodman $PBF $GUSH $OIH $XOP $XLE $USO $FANG $CVX $XOM $DVN $hit .......$VLO $DK $DINO....... #News #missed #Refiners .....Yes....and I'm also watching them.....and I have traded all in the past.
  • Rockstar: ...
    Oil has rebounded off that $76 level that has provided support at the end of September. The $USO could be under some pressure if this support level breaks, but oils companies like $XOM,$OXY, $CVX can continue to make good profits if oil remains c ...
  • champ: $GUSH...this was a maybe and it looks better than it did earlier, falling back, watching, NP....Oil... $USO is dancing around this morning..... looks like China might be opening up..... ......I was thinking that the elections are over, so I'm still waiting for a bounce, had a fake-out, is all that happened, so far.
  • DrScience: #Oil /CL has made a 100% retracement of 10/10-10/18 pullback.That's bullish, and in an inflationary environment, bearish for the rest of the market. $USO broke out on Friday, and today's move confirms the strength in /CL.
  • champ: $USO....the price of Oil is up today, WTI Oil was at $90....but most all the energy Names and all the other ETF's in this sector are down, for now.
  • traderbren: @woodman $OIH $RES - Just noticed that the $USO was breaking below th e50d
  • champ: $DK $XLE $ERX $GUSH $OIH $IEO $USO $XOP $CVX $VLO $DVN $PSCE $EOG .....there is a lot going on in this Sector and Traders are very active....with there Dart-boards...because #everything is still dancing up that mountain.
  • champ: $USO....the President calls on #Congress to pass an Oil bill to speed up permitting on energy, however that Oil Bill just #failed to pass last month, they just Voted it down. The U.S. is going to release 15 million more barrels of Oil, from the Oil reserves, however that Oil is Not going to be delivered until #December.....so that is Not going to help the price Oil in the short term...... and as Paul Harvey always used to say...Now you know the rest of the Story, Good Day! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • indigo1948: @champ $USO #Congress #failed #December - "draining our reserve tank" - hope we don't wind up running on empty.
  • Geewhiz: @indigo1948 $USO #Congress #failed #December Cannot run on empty. That's the problem.
  • traderbren: $USO - back above the 50d
  • champ: $GUSH $ERX $XOP......possible trades, at some point....$GUSH had a nice turn off of LOD this morning, however for now I have NP, I'm back Watching....and $USO is down because the price of Oil and N-gas are both down.
  • champ: @sgiseller....$USO is up, at $71.20 and is around HOD.....and $GUSH for now is more or less flat at $157.00, however have to wait to see what OPEC does.
  • bigbartabs: @champ $USO $GUSH ... what time does OPEC announce?
  • champ: @bigbartabs $USO $GUSH ....The meeting is still going on....have to wait for their News-briefing.
  • bigbartabs: @champ $USO $GUSH ... apparently they have agreed to cut. I guess the wait is for how much.
  • champ: @bigbartabs $GUSH $XOP $ERX $XLE #2-Times....I'm holding $GUSH, their hand picked ...S&P Oil and N-gas stocks, I'm not holding those others, so I'm not sure, however my guess is $USO, holds Crude-oil assets.
  • champ: $USO....they dropped the price of Oil...and thats nice, if you don't have any energy stocks, might be a buying opportunity, at some point....however N-gas is still green.
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Stock Price $73.10
Change 0.67%
Volume 1,597,750

The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil. The fund will invest in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges. It may also invest in other oil interests such as cash-settled options on oil futures contracts, forward contracts for oil, and OTC transactions that are based on the price of oil.

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