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Market Bugle - by Mike Landfair

USO & Crude Oil On The Move

May 9th 2009 15:03
Offshore drilling rig. (Credit: Minerals Management Service, US Department of the Interior)

Offshore drilling rig.
(Credit: Minerals Management Service, US Department of the Interior)


Adam Hewison writes: I find USO to be very interesting right now. This ETF, United States Oil (USO), closely tracks the price of crude oil in New York.

This market appears to have completed a formation that could have great profit opportunities in the near term.

In my new video, I explain in detail a strategy that I am using to approach this market. As always, our videos are registration free and come with our compliments.

Please feel free to comment on our blog about your experiences and thoughts on USO and the crude oil market.
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