SpandoWedgies
Posted - 6 hours ago
$SPY $NASDAQ Corn is almost popped! $USO
Auto_MA_T_Ka
Posted - 10 hours ago
Another week that United States Oil ETF $USO, $75.30, traded in the narrowing, squeezing tunnel. Sup: $69.8, $70.82 Res: $81.53, $82.8 Updated post: https://automatka.trade/2024/04/07/knock-knock-whos-there-united-states-oil-fund/#2024-05-12-update #CrudeOil #Brent #WTI #CL_F $XLE -- đFind the BEST Respected Moving Average Support & Resistance Linesđ
Batman9988
Posted - 14 hours ago
$SPY $DIA $QQQ $USO
Biden is a man of desperation and will do anything to get a ceasefire so he can bring down the price of oil.
https://www.zerohedge.com/geopolitical/us-offering-israel-strange-incentive-hold-rafah-offensive
hockeysniper
Posted - 15 hours ago
$USO $SPY Russia finds 500 billion boe in British antarctic.
Mastercharts
Posted - 1 day ago
Oil at Critical Support. A Break Below $77 Would Open the Door to $71 Oil. Full Crude Oil Analysis: https://youtu.be/enIKo2S2NOU?si=UX8Wc07-k4m1vSFf&t=1088 $USO #oil #trading #gasoline #market #CrudeOil #crude #Russia #Ukraine #War #OPEC #OpecPlus #Israel #Iran
ArcValueTrade
Posted - 1 day ago
Natural Gas, Oil ,Gold, Silver, US Dollar Price Forecast: Support & Resistance Strategy Guide Video: https://www.youtube.com/watch?v=Cb6RxAVJHuE - UNG Natural Gas holding gains decently so far.. $USO $OIL $USOD $USOU $UCO
Mastercharts
Posted - 1 day ago
$GLD $SPY $TLT $USO
crooner72
Posted - 1 day ago
$DJT $USO $XOM $QQQ $DIA if inflation is coming down why are gas prices higher than they were last year??? Prices have to go DOWN. Inflation is not under control until you see a decrease in price, not just a slower increase. https://gasprices.aaa.com/
Mastercharts
Posted - 2 days ago
@home May 10, 2024 World Stocks Hit Records | Lower Interest Rates Soon? | Crude Oil Could Collapse | Gold Watch New Market Recap Here: https://www.masterchartstrading.com/blog/may-10-2024-world-stocks-hit-records-lower-interest-rates-soon-crude-oil-could-collapse-gold $SPY $GLD $USO $TLT #stocks #OIL #gold #forex #trading #investing #finance #optionstrading
dennismccain
Posted - 2 days ago
@sumanksp I took a look at $USOY. Itâs an ETF with a pretty straight forward bullish strategy on the price of oil. They sell Puts on $USO and if the price remains above the strike price they keep the premium. If not theyâll have to buy back the option at a loss. So it all comes down to selling the right Put. If youâre not sure how selling Puts works, hereâs a link that explains it. https://www.investopedia.com/articles/optioninvestor/10/sell-puts-benefit-any-market.asp
Thereâs nothing magical here. You could do this trade yourself but you would need the collateral to secure the Put (I wouldnât advise anyone to do this trade naked). So that may not be possible. And you may not be as good at selecting strike prices or expiration dates. My suggestion is to wait and see what kind of success they have, and what level of distribution they deliver, before putting too much into this trade. If it doesnât push out an acceptable dividend, Iâd look elsewhere. I hope that helps.
wkalunji
Posted - 2 days ago
$USO Welp, didn't work out like I expected. Still holding trend support. Daily chart.
G_R_
Posted - 2 days ago
$SPY $QQQ $DBC $USO It's Friday! Time for the 5 things that I found the most interesting this week in the world of trading, investing, and the economy. 1. We always hear about people racking up debt, especially credit card debt. But, now we have a new phenomenon... 2. Biden restarts plans to refill the SPR... 3. Another hated and forgotten about segment of the commodity market could be putting in a bottom... 4. The NASDAQ & S&P 500 are trading less than 1% from all time highs... 5. How good of an investor was Jim Simons? Check it out on X. https://x.com/gregrieben/status/1789020063355302047
Goodlongs
Posted - 2 days ago
$USO , $UCO , $OILK , $CL_F Demand for fossil fuel is shrinking "Chinaâs Purchases of Saudi Crude to Drop in June
Oil price.com By Charles Kennedy - May 10, 2024, 10:30 AM CDT"
Ro_Patel
Posted - 2 days ago
Baker Hughes: US Oil rRgs down -3 to 496 & Nat Gas Rigs up +1 to 103 $UNG $USO $XLE $XOP $OIH
Goodlongs
Posted - 2 days ago
$USO , $UCO , $OILK , $CL_F Russia is having a hard time unloading the oil tankers under the price cap :
"Greece Extends Naval Drills to Drive Russia Oil Tankers Away
Laconian Gulf has become a hotspot for Russian oil transfers
Tankers moved away from the area after drills announced
By Alex Longley
May 8, 2024 at 10:12 AM EDT"
topstockalerts
Posted - 2 days ago
âThe magnitude of the slump in confidence is pretty big,â said Paul Ashworth, chief North America economist at Capital Economics, in a note emailed Friday. He cited a six-month low in the University of Michiganâs latest consumer-sentiment reading, released on Friday.
Thatâs âhard to explain given that gasoline prices are now falling again, the stock market is back close to a record high, and there is little evidence of any major downturnâ in the labor market, according to Ashworth.
Consumer sentiment measured by the University of Michigan soured in May to a preliminary reading of 67.4, down from 77.2 in April. Consumers expect inflation to rise 3.5% next year, the University of Michigan found, which is up from expectations for 3.2% when surveyed in April.
$SPY $QQQ $DIA $DXY $USO
Goodlongs
Posted - 2 days ago
$USO $UCO $OILK $CL_F Too much supply & reduced demand
prefect
Posted - 2 days ago
$USO Takes 3 days for WTI to move up a few dollars. Takes 1 day to erase it all. Manipulation. Each week, rig count keeps dropping but nobody cares.
PivotalPivots
Posted - 2 days ago
Per my tweet last Monday, $USO $CL_F found strong support at the Qrtly pivot point(QP) and rallied back to the weekly pivot point(WP). đŻ đââïž
BrickViews
Posted - 2 days ago
$USO $UNG $NINE $KLXE $ICD - the algorithms and models have over exaggerated associated gas. Itâs very rare to see oil and gas prices moving up at the same time these days. Crude is more bullish than ever going into this season, and the sentiment is not good to say the least. LNG is sneaking up. Whenever LNG moves up not only is there pressure on oil prices, but shorts look for technical levels to short. After over a year and a half those games are over. The fundamental picture is improving and technicals will start to reflect it. More power burn & more exports & less production. At some point the forward looking market will finally flip bullish. Oil and nat gas will be moving up in lock step all summer. Really takes discipline to hold through all that has happened in the long term down trend since ~130 on oil and ~9 on gas, but these big moves take a long time to play out. Youâve made it this far. See it through to the end. Patience. Faith. God bless đȘđ
Rino_Rally
Posted - 2 days ago
$USO $CL_F all but guarantees a much much bigger war The Lebanese Al-Akhbar newspaper, affiliated with Hezbollah: âIran gave an order to Hezbollah to step up attacks against Israel, even at the cost of starting an all-out war.â
DonCorleone77
Posted - 2 days ago
$XLE $UCO $USO $OIL $OIH Oil Action as of 7:05 am: Oil prices have continued to rise and are heading for a solid weekly gain as revived rate cut hopes boost the demand outlook. Robust trade data for China and a decline in U.S. crude stockpiles added support this week. The front end WTI contract is at USD 79.93 per barrel, Brent at USD 84.49. The DXY dollar index dropped in the wake of U.S. data yesterday, which also helped oil prices to nudge higher.
topstockalerts
Posted - 2 days ago
Oil going up. Letâs get that push!
$USO $XLE $XOM $OXY
Batman9988
Posted - 3 days ago
$SPY $QQQ $DIA $USO
Biden is now trying to play the game of peacekeeper. He's telling Israel to calm down because he wants to get oil prices lower so he can make it look like inflation is getting under control. Also cheaper oil prices means he can begin to refill the SPR. https://www.nbcnews.com/politics/white-house/biden-confirms-american-bombs-killed-palestinian-civilians-rcna151377
ElectricJ
Posted - 3 days ago
$USO