UCO: 2x In The Oil Cycle
ProShares Ultra Bloomberg Crude Oil offers 2x daily exposure to WTI crude via futures, swaps, and options, not physical oil. UCO is best suited for short-term tactical trades, as daily resets and v...
Trading Crude Oil With The Leveraged UCO And SCO ETFs
Crude oil prices remain in a bearish trend, trading near $60 per barrel, with technicals and fundamentals pointing to further downside. U.S. energy deregulation and OPEC+ production increases are b...
UCO: Stay Out At This Price
I recommend holding the ProShares Ultra Bloomberg Crude Oil ETF due to expected oil market surplus and increased global supply, which should pull prices down. The ETF aims to replicate twice the da...
UCO: Pay Attention To The Pro
ProShares Ultra Bloomberg Crude Oil ETF is leveraged. Holding this ETF overnight or longer is not recommended due to the high volatility and low visibility of commodity prices. The fund's holdings ...
UCO: Crude Oil Is Turning Bullish Again
WTI crude oil prices have yet again dropped to levels that have consistently provided profitable opportunities for establishing a 2X leveraged bullish position using UCO. Since we initiated coverag...
UCO: After The Run-Up, I'm Limiting My Expectations (Rating Downgrade)
ProShares Ultra Bloomberg Crude Oil ETF is discussed as an investment option at its current market price. UCO is a high-risk, high-reward investment suitable for short-term trades only. I suggest t...
UCO: A Leveraged Oil Play For Short-Term Traders
ProShares Ultra Bloomberg Crude Oil ETF offers high-risk, high-reward speculation on oil without dealing with futures roll. UCO's performance may differ significantly from the spot price of WTI cru...
UCO: Consider This ETF As Oil Prices Come Under Pressure
Oil prices plunged from over $95 to below $75 on the NYMEX futures contract. The U.S. administration's target buying zone for crude oil is at or below $67 to $72 per barrel. The OPEC+ meeting in la...
Oil Stock Could Head Back Toward Highs
Oil name EQT Corp (EQT) pulled back after its recent Nov. 3 one-year high of $45.23, though support at the $39 level captured the dip.
UCO: The Middle East Tensions May Drive Bullish Momentum For Oil
Rising escalation in the Middle East could provide a powerful boost oil prices. I believe Israel's military actions in Gaza could lead to a broader Middle East confrontation involving the US and Ir...
UCO: After A Slow Start, Oil Has Plenty Of Bullish Momentum Now
UCO is a double-long instrument that aims to return two times the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. ProShares Ultra Bloomberg Crude Oil ETF is a high-risk, ...
UCO: We Are Taking Profits, Neutral Crude For Now (Rating Downgrade)
The recent performance of the ProShares Ultra Bloomberg Crude Oil ETF has surpassed our expectations, delivering a 29% gain since we re-established our bullish view on WTI crude. WTI crude has sinc...
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