Come Monday, if what is reported is true, then UCO should trade lower.
How much lower and for how long?
UCO should be trading near 8 IMO
UVXY should be trading higher today with a market pullback...but now just up less than 0.25.
Frustrating waiting for the rise over 20.
After Doha meeting this Sunday, any expert guesses SCO price target?
Under 100 or maybe go over 125.
Most analysts don't expect any major news and oil should go down, but unsure how much lower.
Thanks for your insights...I hold GLT believing its stock price will rise again 25-30 or someone offers to buy it.
I like AGN after the failed merger, but its price kept going down and wonder when it will stop. Looking out a couple years, it will be a nightmare if this is the 2nd coming of VRX and could return to over 300, buying some shares at lower prices (will it go under 200?). Hillary next president might scare all pharma stocks lower. I like AGN Brent Saunders to rise once again...go with the jockey.
Take a look at HHC - made a round trip but a good one if you're into real estate development. Company named after Howard Hughes.
In the meantime, watching how high S&P 500 will go before a reversal.
Market still in a trading range, although still in an uptrend since 2/11/16 lows.
I rather see a measured pace up/down, but if a reversal happens, make it down 10 to 20 points lower each day.
Come Monday after the Doha oil meeting, markets will react positive or negative.
Unlikely to have major news to spike oil higher is the consensus.
Buy on the rumor, sell on the news...back to S&P 500 2050.
GILD was in a trading lower pattern since last earnings came out to mid 80s; now marching higher to over 100. Look to next earnings report to make it stock price trade over 100 (its been a long wait).
Are you still holding UPRO at these lofty levels thinking it could go higher, or took some/all profits off the table.
Just amazing, extreme overbought like computer trade buy higher, when one day it reverses/spikes down.
This coming Monday after oil meetings will see if higher UPRO or a small pullback.
Takes guts to hold at these high levels.
At these low price, TVIX might do another reverse stock split to get the price higher.
Look at the past for guidance.
This puppy needs news to spike it to 6-8 range.
High risk/high reward....more likely to be going under 4 before heading over 5.
Are you still holding GLT - since when you posted it was 17.xx now near 21.
Depends when you bought GLT to profit.
I held this for 2 years now and only now making its move higher towards 24.
When earnings come out, hoping it won't reverse back to under 20.
Some other paper stocks have crashed like KS.
I also held NP which has been steady to higher all these years.
Not all goes up the same time.
This may dictate whether oil prices will go higher or lower.
Place your bets if the oil sheikhs will agree to disagree.
I would guess it may work for awhile but not for a long period of time.
Oil to stay above 40/barrel and MUR stay above 25...maybe over 40 someday
When earnings come out 5/3, hope there is no repeat of XPO stock going lower.
XPO needs to at least trade 35-40 before 2016 ends to show any signs the mergers working.
I also have CHRW and been recovered near new highs...hoping for the same with XPO.
S&P 500 on rally mode for the 2nd day.
Any buying SDS expecting this rally to fizzle out or S&P 500 going 2080-2100 or higher?
A 3-day winning streak for the S&P 500 will be a surprise to many, but these markets have fooled majority of investors/speculators.
Just don't bet the house, always come back to play the game again for a profit.
UPRO looks to have legs the 2nd day...may peak at 65, but I don't expect all the gains to disappear and hold at 64.
So far dollar-cost average when UPRO goes lower, eventually reverse, and head higher for a profit. Had to wait 3 months until March 31, 2016 to turn profitable.
S&P 500 will surprise many if it does go over 2100, me included, but should not hold.
Should S&P 500 go 2070-2100 SDS is a buy.
Tomorrow will determine if equity markets got legs higher or just a one-day hit and retreat.
Should higher oil prices come out of Sunday''s meeting, traders might jump in to buy.
S&P 500 looks like it has peaked 4/1 at 2072 and ready to go south.
But April may surprise many, could go under 2000, but first reversal to 2100 or higher.
Many analysts highly recommended biopharma companies like GILD at higher prices.
Then came Hillary's speech and lower prices for all as GILD when from about 113 to low 80s.
Before 2016 ends, hoping patience has its rewards and GILD over 110.
No guarantees, as stocks in a Jekyll Hyde situation - up and down over 1% more often than not, lately.
Buy, hold, average down, wait, pray for higher returns over time.
You win sometimes with swing trades.
GLTA and waiting for GILD marriage partner.
S&P 500 fooling many by gaining almost all its losses from the prior day.
If there is a blow off S&P 500 2070-2100, time to again buy SDS at 18.80 or below.
Earning season will disappoint.