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Invesco DB US Dollar Index Bullish Fund (UUP-N)
NYSEARCA:UUP
30.15
0.08
(0.25%) 1d
Financials
Technical Analysis
$29.640
Owned
If the market replays 2008, the USD should explode upward. If the US deflates, the western world will inflate and that will be through the USD. Long-term he is bearish USD, but is bullish short-term. This offers safety.
The US$ has been amazingly weak. It is still trending on the downside. We are at the critical support level right now. If it breaks it then the next one is quite a bit lower. You are in a trial period right now.
An ETF that would benefit from a drop in the US$? Would you buy a Call on it, and how far out would you go? This is one you could buy a Put Option on. He thinks the US$ is going to be stronger, so not a bet that he would make, but if he were doing that he would go out 6 months. Currency is a tough game to play.
(Top Pick Jan 19/12, Down 1.93%) Still believes it is a long term thing. We know currency wars are going on. He is going to own this or something similar again.
(A Top Pick Dec 15/11. Down 3.32%.) Sold this one in September and probably broke even.
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Invesco DB US Dollar Index Bullish Fund(UUP-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
Invesco DB US Dollar Index Bullish Fund(UUP-N) Frequently Asked Questions
What is Invesco DB US Dollar Index Bullish Fund stock symbol?
Invesco DB US Dollar Index Bullish Fund is a American stock, trading under the symbol UUP-N on the NYSE Arca (UUP). It is usually referred to as AMEX:UUP or UUP-N
Is Invesco DB US Dollar Index Bullish Fund a buy or a sell?
In the last year, there was no coverage of Invesco DB US Dollar Index Bullish Fund published on Stockchase.
Is Invesco DB US Dollar Index Bullish Fund a good investment or a top pick?
Invesco DB US Dollar Index Bullish Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Invesco DB US Dollar Index Bullish Fund.
Why is Invesco DB US Dollar Index Bullish Fund 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 Invesco DB US Dollar Index Bullish Fund worth watching?
0 stock analysts on Stockchase covered Invesco DB US Dollar Index Bullish Fund In the last year. It is a trending stock that is worth watching.
What is Invesco DB US Dollar Index Bullish Fund stock price?
On 2024-11-21, Invesco DB US Dollar Index Bullish Fund (UUP-N) stock closed at a price of $30.145.
It's bullish the USD and so is he. Diversify out of Canada and certainly own USD to buy and hold.