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United States Oil (USO)

NYSEArca - Nasdaq Real Time Price. Currency in USD
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10.24+0.13 (+1.29%)
As of 11:20AM EDT. Market open.
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  • s
    saed
    saed
    buy COFFEE and SUGAR they are at 10 year low
  • s
    saed
    saed

    As if that's not bad enough, there's another surprise to go along with an ETF like USO. A recent article by Investor's Business Daily paints the picture well. A gentleman bought 2,100 shares of USO in 2008 and 2009 for roughly $84,000 and then sold the position in March 2010 at loss of $1 per share. He then got a K-1 form that showed he owed almost $29,000 in capital gains for 2009 even though he didn't sell any of his position that year. Shareholders in an ETF like USO have to pay tax on USO's income even if they DO NOT receive cash distributions. Making matters worse, USO says in its prospectus that it probably won't pay cash distributions to investors.
    https://seekingalpha.com/article/236807-avoid-nasty-tax-surprises-with-commodities-etfs

    Avoid Nasty Tax Surprises With Commodities ETFs
    It's getting to be that time of year again. The leaves are changing (depending on what part of the country you live in), the days are getting shorter and the fo
    seekingalpha.com
  • K
    Karim
    Karim
    I had USO a while ago and it's still doing relatively #$%$. XLE is the way to go, it had gains when all other oil ETFs were getting screwed. don't waste your time with this garbage.
  • L
    Lily
    Lily
    Do you think this thing is done selling? Showing us a buy signal now on USO? I started receiving notifications from awesom*sto-cks the other week and so far they have presented interesting new trade ideas.
  • L
    Lance
    Lance
    So is the USO
  • N
    Natalie
    Natalie
    Things seem to be getting overextended for USO. awe.som*sto-cks just allerted a new stock - it beats having to dig online yourself for new stock ideas.
  • P
    Phil
    Phil
    you people are absolutely 100% suckers there is no relationship whatsoever between the actual price of oil and this fund WTI has everything to do with Saudis #$%$
  • J
    Jessica
    Jessica
    I think USO is due for a pullback. What are your thoughts? google awesome*sto-cks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
  • A
    Ava
    Ava
    I think USO is due for a pullback. What are your thoughts? Do you guys find it difficult to know when to buy or sell something? I prefer to get my stocks from Awe-Some.Sto-ck.s.
  • R
    Rachel
    Rachel

    USO appears to suggest upside opportunity. Not sure how https://activepennystocks1.blogspot.com finds all these incredible trade ideas but im happy.

    Penny Stock
    activepennystocks1.blogspot.com
  • s
    saed
    saed
    USO sends K-1 statement s to shareholders .. what is a K-1 Statement?

    PLEASE REPLY IF YOU KNOW ! THX
  • G
    Gidon
    Gidon
    USO ,is it good to buy it in 9.51
  • T
    TTTT
    TTTT
    Just curious with the storm situation in Texas disrupting oil production... how is the USO FUND not going up today? Not trying to profit off of the storm...just curious.
  • s
    saed
    saed
    is this ETF good for investing shot time trading only ?
  • s
    saed
    saed
    does anyone know how owning this oil fund affect taxes?
  • Y
    Yosef
    Yosef
    don't miss PDCE - take a look
  • D
    DB
    DB
    Ha. Even a hurricane can't make this beast go up.
  • J
    Jasmine
    Jasmine
    USO appears to suggest upside opportunity. Ive been struggling with this stock lately. Some of my other trades have been from awe-some_sto-cks which are working out pretty well.
  • s
    saed
    saed
    is it OK to hold this fund long term?
  • A
    Ajay
    Ajay

    Trade CL futures.

    https://futureswithcl.blogspot.com/2017/08/introduction-to-futures.html

    Introduction to futures!
    Hello and welcome to my blog! In today's world it is hard to not read about stock market, options, futures. you open any social networkin...
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