Here's yesterday's USO analysis centered on the Israeli effect.
Here's USO
If i'm long USO, I'm heavily leaning toward holding over the weekend as the likelihood of rising tensions is very high. In yesterday's article linked above, I mentioned how Oil responds most dramatically to events in Israel/Palestine, even more so then the MENA mess. I'd expect USO to put in additional gains today to discount the situation there.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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