United States Oil Fund (USO)
$30.97 0.25 (0.80%)
16:00 EST USO Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 4.02B
PE Ratio -
Volume (Avg. Vol.) 6.69M
Day's Range 30.68 - 31.28
52-Week Range 2.11 - 31.68
Dividend & Yield N/A (N/A)
USO Stock Predictions, Articles, and United States Oil Fund News
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Oil stocks have under performed the broad markets in the last one year. However, as global GDP recovers, oil will trend higher and these stocks are a value investment.
Investors are giving too much weight to the EV and WFH trends, while a vaccine looks imminent. As a result, the USO ETF is worth buying.
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.