United States Oil Fund (USO)
$28.35 0.15 (0.53%)
20:00 EDT USO Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 3.68B
PE Ratio -
Volume (Avg. Vol.) 2.45M
Day's Range 28.17 - 28.56
52-Week Range 2.11 - 31.19
Dividend & Yield N/A (N/A)
USO Stock Predictions, Articles, and United States Oil Fund News
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Many Robinhood stocks have soared as money flooded in at March lows. But the platform's investors have these nine names wrong.
Over the near-term, USO is undoubtedly tempting because oil prices are in rally mode. After plunging into single-digit territory in March as the novel coronavirus outbreak punished riskier assets, West Texas Intermediate (WTI) futures closed at $33.42 per barrel on Friday, May 22, capping a fourth consecutive winning week.
At the moment the blame game can point fingers at the coronavirus, but CHK stock has been a very sick company with no cure for its ailments in sight.
By Ken Trester
This morning I'm recommending a bearish call write on United States Oil Fund, LP (NYSEARCA:USO), a fund that tries to match the spot price West Texas Intermediate light, sweet crude oil delivered to Cushing, Oklahoma.
Oil stock prices tend to bottom a few weeks before a major travel holiday like Labor Day, and then spike higher as that holiday approaches.
Energy ETFs have had a great 2019 so far. However, a number of headwinds are hitting the industry now, making these energy funds vulnerable.
Nio, J&J, oil, Bed Bath & Beyond and Carnival Cruise are on the move, so they're are must-see stock charts for Wednesday.
An unusual pairing of short Starbucks (SBUX) stock and long USO looks well-positioned for a profitable stock spread.
By Ken Trester
I'm recommending a bullish position on the United States Oil Fund (NYSEARCA:USO). Oil recently finished its longest daily losing streak on record before finding some support near the $55 level. That is a positive overall for U.S. consumer and the economy, but it’s certainly not good for energy stocks, which have also been hit extremely hard this month.
Oil and oil-related stocks like Exxon Mobil, Chevron and ConocoPhillips continue to get pummeled. Check out our must-see stock charts.
Oil prices are bullish and yesterday's drop in USO screams opportunity. Here's how to sell USO puts for profits.
Thanks to the Trump administration’s stern position on Iran, the USO ETF jumped higher -- and will probably continue its upward trek.
Oil prices are down, but not out. Capitalize on the price dip using naked puts on the United States Oil Fund (USO).
From Seeking Alpha