All Entries Tagged With: "USO"
Why the CRB is Useless for Tracking Commodity Prices
In 2006 the weightings in the CRB changed dramatically…..
Gold, Silver, Oil & SP500 ETF Trends & Reversal Levels
Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader……
How to Profit from the Next Spike in Oil
Earlier this week, British company Desire PLC (Pink Sheets: DSPMF) began drilling in an offshore block of the Falkland Islands. Immediately, Argentina President Cristina Fernandez de Kirchner let loose with a howl of rage…..
Weekend Gold, Silver, Oil & Index Charts
Since this panic selling low in February 2010 we have seen stocks and commodities work their way higher, which we expected. Overall the broad market looks as though it’s trying to make a move higher…..
China is a Major Holder of Commodity ETFs
China is the 4th largest owner of USO…..
Psychology: They Bail, We Buy
It takes a disciplined trader to be able to watch and listen to the market doing one thing, filter out the noise, then do the opposite – all in a controlled manner.
Gold, Silver, Oil & Natural Gas Update
A look at the technicals for GLD, SLV, USO and UNG…
