Blogs about USO - Stockpickr! Your Source for Stock Ideas

Blogs about USO

Blogs	Description	Date Updated
Isn't A Little Deflation Now A Good Thing?	If, inflation is a "silent tax on all consumers" then isn't a little deflation "a silent tax cut" for us all? If the economy is indeed slowing, then rather that forcing the Fed to lower rates and further emasculate the dollar, won't a little deflation do the same things for him without a rate cut? Let's look at it. All summer into fall we were hearing about inflation and it's evils. We were hearing that even the governments numbers were wrong and that inflation was actually higher than report du...	October 02, 2008
Fast Money Recap	Traders Plays Dylan Ratigan asked the traders if they are any more confident to buy stocks today than any other day this year. Pete Najarian said yes. He advised viewers to consider Morgan Stanley (MS). He also disclosed he added to his put position in Lehman Brothers (LEH). Jeff Macke said he likes Wal-Mart (WMT), which broke out technically today. Guy Adami mentioned that Church & Dwight (CHD) and Johnson & Johnsong (JNJ) continue to work. Housing Trade Ratigan switched the conversati...	September 08, 2008
Oil and Dow Chemical's Q3:: Updated	Now that august is in the books, let's look at where we are and update an earlier post. Prior PostIn the call the following exchange was had:Jeffrey Zekauskas - JPMorgan"Good morning. On average shouldn't your raw material costs be down sequentially in the third quarter? Natural gas has gone from -- I don't know -- $12 to $9 and oil has come from $135 to $125?"Geoffery E. Merszei - Executive Vice President and Chief Financial Officer; Member of the Board of Directors"Yeah Jeff, this is Geoffrey...	September 03, 2008
Time to Get Back In Oil?	With the current price roughly 25% of its high, it is time to put oil back on the radar screen. Watch what Boone Pickens has to say. I sold my USO position in May for $106.85, a 140% gain in 16 months (purchased for $44 in Jan. 2007). It now sots at $89, 16% below the sale price.Buy now? No. The global economy by almost every measure is slowing. Will it be a "global recession"? No. The pace of expansion will just slow. That will relieve some demand stress on the whole equation. The US econo...	September 02, 2008
Berkshire's Warren Buffett Video: 5 Parts	Berkshire Hathaway's (BRK.A) Warren Buffett cover everything from debt to calling on donors to sue Jon Edwards. The Buffett and Gates Energy Tour: On Fannie (FNM), Freddie (FRE) and Oil (USO): Buffett on former Democratic Presidential Candidate Jon Edwards: Buffett on Debt: Buffett on Financials: He bought more of either Wells Fargo (WFC) or American Express (AXP). My gut tells me it more Wells Fargo. Disclosure ("none" means no position):Long WFC, none↑ Grab this Head...	August 22, 2008
Fast Money Recap	Lehman Talk The traders spoke with analyst Dick Bove about Lehman Brothers after he upgraded the stock to a buy saying the firm could be a target for a hostile bid. Bove explained that if you remove Neuberger Bergman, which he thinks is worth $9 billion, from Lehman’s market cap - you get the rest of the company for nothing. Ratigan questioned that take, saying that Lehman has a ton of liabilities in the mortgage arm. “But let’s assume the buyer is a bank,” Love said. “...	August 21, 2008
Oil and Gas ETFs Will Likely Continue to Fluctuate	Oil and oil-related exchange traded funds (ETFs), like Jimmy Stewart in “Vertigo,” look up. Then they look down. They look up. Then they look down. What’s going on? Early this morning, the situation was no different. The price of a barrel crept back up to $115 on the threat of Tropical Storm Fay, reports Stevenson Jacobs for the Associated Press. But then the threat eased, and oil went back down below $113. A slightly weakened dollar is so far keeping prices from falling even l...	August 18, 2008
Carbon Credit ETN Gains as Oil ETF Slides	The exchange traded fund (ETF) U.S. Oil Fund (USO) has slipped nearly 10% since late July and the exchange traded note (ETN) iPath Global Carbon (GRN) has gained almost that same amount. As mentioned in an earlier story, carbon trading has become more popular on a global level and companies are looking to take advantage. Mike Havrilla for IndexUniverse looks at two different companies in explaining the jump for GRN. He first looks at Camco International (London: CAO.L) which recently recor...	August 15, 2008
When A Bear Is On The Loose, Don’t Give Up On Your ETFs	Many stocks and exchange traded funds (ETFs) have taken a mauling from the bear market, and commodities ETFs are doing their best to fight it off, but they may stumble just from sheer exhaustion. Financials were the first to be attacked, then U.S. companies that sold consumer goods, real estate, airline and industrials, reports Gary Gordon for ETF Expert. And then the bear went after international areas such as Europe and Asia, as the market there seemed to move in lockstep with the States. What...	August 09, 2008
Larger Than Expected Fuel Inventories Have ETFs Hesitating	The inventory numbers are in, sending fuel prices lower and energy-related exchange traded funds (ETFs) sputtering while they figure out where to go next. The supplies were larger than expected, an indicator that high prices are still cutting into demand, reports Stevenson Jacobs for the Associated Press. Oil dropped as low as $117.14 a barrel, its lowest point since May 2. Distillate fuels, which include diesel and heating oil, also saw increased inventories: a jump of 2.8 million barrels, whic...	August 06, 2008

Enter search text here: