U.S. Oil Fund E.T.F.

USO-N

NYSEARCA:USO

11.16
0.12 (1.06%)
The United States Oil Fund is an exchange-traded fund that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil.
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Analysis and Opinions about USO-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 20, 2016

His view on oil is a little different than what you are used to hearing. He would view it as a “lower for longer” phase. Looking back at timelines of commodity markets, they tend to move in long waves of boom and bust. From 2002 to 2011, the big China era, oil was doing well. After a bubble, which he thinks oil is in, you have the guillotine phase, and then it is sandpaper for 3 years. Thinks $50 is going to be about the ceiling, and will be range bound from $25 to $50. The story is not one of demand, it is one of supply. There is a lot of supply out there, so any time oil prices spike, we get regions increasing supply. He wouldn’t be Long on this.

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U.S. Oil Fund E.T.F. (USO-N)
September 20, 2016

His view on oil is a little different than what you are used to hearing. He would view it as a “lower for longer” phase. Looking back at timelines of commodity markets, they tend to move in long waves of boom and bust. From 2002 to 2011, the big China era, oil was doing well. After a bubble, which he thinks oil is in, you have the guillotine phase, and then it is sandpaper for 3 years. Thinks $50 is going to be about the ceiling, and will be range bound from $25 to $50. The story is not one of demand, it is one of supply. There is a lot of supply out there, so any time oil prices spike, we get regions increasing supply. He wouldn’t be Long on this.

DON'T BUY
DON'T BUY
December 21, 2015

He is pretty bearish on anything to do with oil because of the public policy and initiatives that we are getting globally with regards to carbon taxes, etc. The Saudi’s are pumping like mad, partially because they know carbon taxes are coming, and they are a low cost producer.

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He is pretty bearish on anything to do with oil because of the public policy and initiatives that we are getting globally with regards to carbon taxes, etc. The Saudi’s are pumping like mad, partially because they know carbon taxes are coming, and they are a low cost producer.

COMMENT
COMMENT
August 18, 2015

An energy play, so the decline in this is the stumble in the price of oil. For it to rebound, you are going to have to see oil back to around $75-$80 a barrel. Doubts if you will see this until the latter half of 2016, if even then. You could be holding this for a long time. You could write covered calls, which is simply selling a call option in which you agree to sell this to somebody else at a certain price. If you are in for a protracted period of time where you don’t think the ETF is going to rebound sharply, then this is not a bad strategy because you are collecting cash flow while waiting.

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An energy play, so the decline in this is the stumble in the price of oil. For it to rebound, you are going to have to see oil back to around $75-$80 a barrel. Doubts if you will see this until the latter half of 2016, if even then. You could be holding this for a long time. You could write covered calls, which is simply selling a call option in which you agree to sell this to somebody else at a certain price. If you are in for a protracted period of time where you don’t think the ETF is going to rebound sharply, then this is not a bad strategy because you are collecting cash flow while waiting.

WATCH
WATCH
January 21, 2015

USO-N is commodity based. XEG-T concerns him because he does not know how the energy business will sort itself out.

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USO-N is commodity based. XEG-T concerns him because he does not know how the energy business will sort itself out.

COMMENT
COMMENT
December 1, 2014

ETF that holds oil futures. You can’t hold these for long periods of time. You are guaranteed to lose 15% if you do. They are fine for short term trading.

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ETF that holds oil futures. You can’t hold these for long periods of time. You are guaranteed to lose 15% if you do. They are fine for short term trading.

PAST TOP PICK
PAST TOP PICK
March 13, 2014

(A Top Pick Feb 12/14. Down 1.28%.) Seasonality for this normally starts around the beginning of February and goes through until may of each year. At that time, the technicals look very good but they have changed significantly. Not as attractive as it once was.

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(A Top Pick Feb 12/14. Down 1.28%.) Seasonality for this normally starts around the beginning of February and goes through until may of each year. At that time, the technicals look very good but they have changed significantly. Not as attractive as it once was.

TOP PICK
TOP PICK
February 12, 2014

Tracks the price of West Texas intermediate oil. Seasonal strength is from July 12 (Don said this date and then said “now”, so expect he meant Feb 12th. - Bill) to April 22 and this particular trade has worked 21 of the past 30 periods with an average return of around 9%. Chart shows the price of crude oil broke above $100 and is now in a well-established upward trend. Look for crude oil prices to move significantly higher.

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Tracks the price of West Texas intermediate oil. Seasonal strength is from July 12 (Don said this date and then said “now”, so expect he meant Feb 12th. - Bill) to April 22 and this particular trade has worked 21 of the past 30 periods with an average return of around 9%. Chart shows the price of crude oil broke above $100 and is now in a well-established upward trend. Look for crude oil prices to move significantly higher.

DON'T BUY
DON'T BUY
January 31, 2014

DB Crude Oil Double Short (DTO-N) or U.S. Oil Fund (USO-N)? Really doesn’t like the leverage to ETFs. People really haven’t taken a close look as to how these things can trade. These are a very short term trading vehicle and even if you are in the right direction, because they recalculate the price on a daily basis, you can lose money. You have to be really knowledgeable and really paying attention.

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DB Crude Oil Double Short (DTO-N) or U.S. Oil Fund (USO-N)? Really doesn’t like the leverage to ETFs. People really haven’t taken a close look as to how these things can trade. These are a very short term trading vehicle and even if you are in the right direction, because they recalculate the price on a daily basis, you can lose money. You have to be really knowledgeable and really paying attention.

John Hood

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Price
$34.800
Owned
Unknown
SHORT
SHORT
July 3, 2013

Would you consider shorting this? Short-term, you might have a good play here because he thinks oil has run up over $100 just on the back of some geopolitical tension out of Egypt. Realistically he feels the optimal oil price should be $85-$90. Long-term, he would not short oil as fundamentals continue to look good with demand from global economies coupled with some of the challenges of getting oil out of the ground.

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Would you consider shorting this? Short-term, you might have a good play here because he thinks oil has run up over $100 just on the back of some geopolitical tension out of Egypt. Realistically he feels the optimal oil price should be $85-$90. Long-term, he would not short oil as fundamentals continue to look good with demand from global economies coupled with some of the challenges of getting oil out of the ground.

DON'T BUY
DON'T BUY
May 31, 2010
Poster child of the challenges of investing in commodities. Pretty brutal chart. Has to buy and sell futures.
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Poster child of the challenges of investing in commodities. Pretty brutal chart. Has to buy and sell futures.
PAST TOP PICK
PAST TOP PICK
March 1, 2010
(Top Pick Feb 2/09, Up 37.08%)
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(Top Pick Feb 2/09, Up 37.08%)
PAST TOP PICK
PAST TOP PICK
February 1, 2010
(A Top Pick Feb 2/09. Up 29%.) This was disappointing. Oil was at about $40 and has now almost doubled. Right investment call for buying oil when it was cheap but was the wrong vehicle. Playing through growing producers would be a better way.
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(A Top Pick Feb 2/09. Up 29%.) This was disappointing. Oil was at about $40 and has now almost doubled. Right investment call for buying oil when it was cheap but was the wrong vehicle. Playing through growing producers would be a better way.
PAST TOP PICK
PAST TOP PICK
December 23, 2009
(A Top Pick Feb 2/09. Up 28.73%.)
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(A Top Pick Feb 2/09. Up 28.73%.)
DON'T BUY
DON'T BUY
June 2, 2009
Seasonality of crude oil tends to be from the end of November right through until the end of June. We are still in the seasonal strength but are getting very close to the end. He has difficulty with this one. When you have the futures contracts rolling over you start losing value. Also, this is a US product and the US$ has been going lower.
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Seasonality of crude oil tends to be from the end of November right through until the end of June. We are still in the seasonal strength but are getting very close to the end. He has difficulty with this one. When you have the futures contracts rolling over you start losing value. Also, this is a US product and the US$ has been going lower.
TOP PICK
TOP PICK
February 2, 2009
A direct play on oil. Oil stocks have had a bit of a move and, especially in the US, got little expensive relative to oil. Thinks oil supplies will get tighter. Looking for $70 oil before year-end.
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A direct play on oil. Oil stocks have had a bit of a move and, especially in the US, got little expensive relative to oil. Thinks oil supplies will get tighter. Looking for $70 oil before year-end.
COMMENT
COMMENT
December 29, 2008
Prefers to play by companies themselves, as he is a long-term investor. Wants a good operator.
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Prefers to play by companies themselves, as he is a long-term investor. Wants a good operator.
COMMENT
COMMENT
September 22, 2008
Set up to invest in US crude contracts. Has a users futures contract to get exposure. Probably the only way that general investors can get exposure to a direct play on crude prices.
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U.S. Oil Fund E.T.F. (USO-N)
September 22, 2008
Set up to invest in US crude contracts. Has a users futures contract to get exposure. Probably the only way that general investors can get exposure to a direct play on crude prices.
Som Seif

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Price
$87.620
Owned
Unknown
COMMENT
COMMENT
May 2, 2008
There are several different ways to play the oil industry. In Canada there is the iUnits S7P/TSE Energy E.T.F. (XEG-T) and Claymore Oil Sands E.T.F. (CLO-T). The XEG will be much more gassy and CLO is more oil. There is also the U.S. Oil Fund E.T.F. (USO-A) for crude oil.
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There are several different ways to play the oil industry. In Canada there is the iUnits S7P/TSE Energy E.T.F. (XEG-T) and Claymore Oil Sands E.T.F. (CLO-T). The XEG will be much more gassy and CLO is more oil. There is also the U.S. Oil Fund E.T.F. (USO-A) for crude oil.
Som Seif

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Price
$93.400
Owned
Unknown
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U.S. Oil Fund E.T.F.(USO-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for U.S. Oil Fund E.T.F. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

U.S. Oil Fund E.T.F.(USO-N) Frequently Asked Questions

What is U.S. Oil Fund E.T.F. stock symbol?

U.S. Oil Fund E.T.F. is a American stock, trading under the symbol USO-N on the NYSE Arca (USO). It is usually referred to as AMEX:USO or USO-N

Is U.S. Oil Fund E.T.F. a buy or a sell?

In the last year, there was no coverage of U.S. Oil Fund E.T.F. published on Stockchase.

Is U.S. Oil Fund E.T.F. a good investment or a top pick?

U.S. Oil Fund E.T.F. was recommended as a Top Pick by Tyler Mordy on 2016-09-20. Read the latest stock experts ratings for U.S. Oil Fund E.T.F..

Why is U.S. Oil Fund E.T.F. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is U.S. Oil Fund E.T.F. worth watching?

0 stock analyst on Stockchase covered U.S. Oil Fund E.T.F. In the last year. It is a trending stock that is worth watching.

What is U.S. Oil Fund E.T.F. stock price?

On 2020-02-21, U.S. Oil Fund E.T.F. (USO-N) stock closed at a price of $11.16.