ProShares Bloomberg Crude Oil: Supplies Tight, Demand Strong
ProShares Ultra Bloomberg Crude Oil is leveraged 2X to the price of crude oil. See why I believe that a good entry point is $35-40 for the UCO trading vehicle.
Source: seekingalpha.com
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ProShares Ultra Bloomberg Crude Oil is leveraged 2X to the price of crude oil. See why I believe that a good entry point is $35-40 for the UCO trading vehicle.
ProShares UCO ETF has soared over the past 4 months outpacing equity gains. What is my rating on UCO? What are the risks to the climb in oil prices? Find out.
UCO is designed to track 2 times the daily percentage return in the Bloomberg Commodity Balanced WTI Crude Oil Index. It looks like a good vehicle to trade a rally in oil prices.