ProShares UltraShort Bloomberg Crude Oil ETF (SCO) Stock Forum and Discussion

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SCO ProShares UltraShort Bloomberg Crude Oil ETF

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19.000
+0.060+0.32%

Trading Mar 6 15:04 ET

19.400High18.835Low

Stock_Drift

Oct 28, 2024 04:33

Pre Market Ticks. 5:32am 10/28

$Jet.AI (JTAI.US)$ $ProShares UltraShort Bloomberg Crude Oil ETF (SCO.US)$ $Phunware (PHUN.US)$ $ImmunityBio (IBRX.US)$ $Longeveron (LGVN.US)$ $BIOSIG TECHNOLOGIES INC (BSGM.US)$ $Tarsus Pharmaceuticals (TARS.US)$ $XTL Biopharmaceuticals (XTLB.US)$ $LENZ Therapeutics (LENZ.US)$ $TC BioPharm (TCBP.US)$ $Top Wealth Group Holding (TWG.US)$ $Healthcare Triangle (HCTI.US)$ $Pixie Dust Technologies(Delisted) (PXDT.US)$
📊⚡️📊

Brianjh

Oct 3, 2024 10:38

12 Investing/Trading lessons I learnt in my Life

As a part of my daily work as an equity sales, I have the chance to look at thousands of investors portfolio from various walks of life, ranging from 3 figures to 8 figures.
The shocking fact is that majority of them is still losing money despite some having “Years of experience in the market”.
Below are some of the things that made me understand much deeper about trading/investing through my work and I hope can provide some valuable insight...

212

Dr DT

Sep 9, 2024 10:23

Close and Took Profit on SCO

Oil on a free fall and is reaching its support. Close my position and took profit on SCO. Can rebuy later again after oil prices have its rebound. Exit and put profits in the pocket for now.

Share Your Profit/Loss

Dr DT

Sep 4, 2024 10:17

Expect Side Way Trading to Slightly Positive Till This Friday’s None Farm Payroll

Not much to update today. Jolt report released today shows new job openning is much weaker than expected. Nvidia continue showing weakness after yesterday’s $300B market cap evaborated.
I expect market to take a breather after yesterday big sell off to trade side ways to slightly positive until this Friday’s job report. I foresee Friday’s job report will give the market another shock pushing for further correcti...

CPI hits 3-year low: How will it sway the Fed rate decision?

Dr DT

Sep 3, 2024 14:07

Market Correction Started?

Hi All, for those of you that have been following me, you knew I was shorting the market anticipating a market correction. After a strong Nvidia earnings but Nvidia price started to fall I was even more confident that matket corrections may be around the corner. Well the first day back from Labour Day weekend and on first day of September trading, we see market started to drop steadily from premarket session and the drop picked up even more steam into market open. Th...

Share Your Profit/Loss

Dr DT

Jul 16, 2024 21:49

$Newmont (NEM.US)$ Hello everyone, good move on gold today reaching its all time high. My prediction is we will likely hit 3,000 by year end. I also expect gold at much higher prices for the next 2 years. The reason of my view is historically institutions normally holds 2% of gold in their portfolio. However due to recent strong years on equities in technology and AI stocks and also BTC and over all cryptocurrencies, institutions had been drawing down gold moving to equities and retailers mov...

Dr DT

Jul 16, 2024 04:11

$ProShares UltraShort Bloomberg Crude Oil ETF (SCO.US)$ Oil price is expected to continue to dip as world ecnomy slow down is expected to continue. When Fed drop its rate expected in September this will be further indication that economy is in trouble. I expect crude oil to drop to around $50 or lower. SCO target $20 to $25.
As world economy slow down, national debt continue to rise, interest rate cuts, and market money rotation from mega cap companies to mid to small cap companies, it is criti...

US inflation cools again: Will it pave the way for a rate cut?

Brianjh

Jun 5, 2024 05:38

Massive Oil price dip

Oil prices crash nearly 10% in 5 days over fears around weakening global demand.
Even as OPEC just extended oil production cuts of 2 million barrels per day, oil prices are nearing their 2024 lows.
Recent data suggests that US economic activity in manufacturing and construction is slowing. As a result, oil prices are down 16% from their April peak and up just 3% year-to-date
$CHERVON (02285.HK)$ $Exxon Mobil (XOM.US)$ $BP PLC (BP.US)$ $TotalEnergies (TTE.US)$ $EOG Resources (EOG.US)$ $Shell (SHEL.US)$ $Occidental Petroleum (OXY.US)$ $ProShares UltraShort Bloomberg Crude Oil ETF (SCO.US)$ $Powershares Db Multi-Sector Commodi Powershares Db Oil Fund (DBO.US)$ $ProShares Ultra Bloomberg Crude Oil ETF (UCO.US)$ $United States Oil Fund LP (USO.US)$

BullnBearTrading

Jun 3, 2024 22:06

OPEC+ Meeting Results in Over 3% Oil Price Drop

US crude fell below $75 per barrel, and Brent crude fell below $79 per barrel following the OPEC+ meeting. OPEC+ revealed a detailed "exit from production cuts" roadmap, with Goldman Sachs calling it bearish for oil prices.
Analysts suggest that given current high interest rates and increased production from non-OPEC+ countries like the US, the OPEC+ decision will gradually be negative for oil prices.
Saudi Arabia and seven other countries can gra...

BullnBearTrading: 市场概述

Brianjh

May 19, 2024 08:26

Oil Market (visualization)

The Oil Market vs Top 10 Metal Markets Combined 📊
Source: Visual Capitalist
$BP PLC (BP.US)$ $TotalEnergies (TTE.US)$ $EOG Resources (EOG.US)$ $Shell (SHEL.US)$ $Exxon Mobil (XOM.US)$ $Chevron (CVX.US)$ $Occidental Petroleum (OXY.US)$ $ProShares UltraShort Bloomberg Crude Oil ETF (SCO.US)$ $Powershares Db Multi-Sector Commodi Powershares Db Oil Fund (DBO.US)$ $ProShares Ultra Bloomberg Crude Oil ETF (UCO.US)$ $United States Oil Fund LP (USO.US)$

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