Analyst/ETF Trader Paul Weisbruch of Street One Financial brings us his daily fund flows update, which today points out bearish bets rolling in on crude oil, along with elevated levels of volatility in U.S. equities.
NYSE:SCO July 7, 2017 10:50am
ProShares UltraShort Crude ETF (SCO) In Focus Amid Bearish Options Bets
ProShares Ultra Oil ETF (SCO) Will Make A Great Buy Soon
From Mike Burnick: Earlier this month, I wrote about the bearish headwinds facing the oil market and laid out my forecast.
NYSE:SCO June 27, 2017 6:16am
The Best ETFs To Bet Against Crude Oil (SCO)
From Zacks: The pain in the oil patch seems to be prolonging as the U.S. Energy Department’s inventory release showed that crude stockpiles recorded an unexpected build. This hurt oil prices that were already hit by geopolitical concerns.
NYSE:SCO June 9, 2017 5:56am
Traders Are Well Advised To Short Oil On Its Next Bounce (SCO)
From Mike Burnick: Last week, OPEC and non-OPEC producers agreed to extend oil-production cuts for another nine months. These cuts amount to 1.8 million barrels per day from late 2016 levels.
NYSE:SCO June 3, 2017 6:01am