United States Oil Fund LP (USO)

USO (n.a.:Financial Services) ETF
$10.85
neg -0.10
-0.91%
Today's Range: 10.79 - 10.92 | USO Avg Daily Volume: 26,559,500
Last Update: 08/29/16 - 4:00 PM EDT
Volume: 24,758,555
YTD Performance: -0.45%
Open: $10.83
Previous Close: $10.95
52 Week Range: $7.67 - $16.20
Oustanding Shares: 292,200,000
Market Cap: 3,199,590,000
6-Month Chart
TheStreet Ratings Grade for USO
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 0 0 0 1
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 0.00 0.00 0.00 3.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
USO Sector Avg. S&P 500
0.00 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-8.37% -14.25% -71.15%
GROWTH 12 Mo 3 Yr CAGR
Revenue 0.00 0.00 0.00
Net Income 0.00 0.00 0.00
EPS 0.00 0.00 0.00
Earnings for USO:
EBITDA 0.00B
Revenue 0.00B
Average Earnings Estimates

Earnings Estimates data is not available for USO.

Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Short Take on the Market Real Money Pro($)

I initiated shorts last week of Exxon Mobil (XOM) , Goldman Sachs (GS) , Morgan Stanley (MS) , Schlumberger (SLB) , the United States Oil ETF (USO) in preparation for a possible "September to Remember" -- and I have more such moves coming.
The U.S. dollar strengthened on New York Fed President Stanley Fischer's hawkish comments. The price of crude oil is flat. Gold also flat lined. A $1,300 to $1,310 test seems possible. Entry point? A wild day in agricultural commodities: wheat -18, corn -5, soybean -14 and oats -6. (To those in Comments Section, I would continue to avoid fertilizers. I don't understand the interest in purchasing Potash (POT) down below! Double entendre! ) Lumber rallied by a beaner after being lower this week. Municipals are flat but closed-end muni bond funds are getting hit by profit taking; I would be out of/avoid this asset class. Junk bonds are unchanged. Banks continue to act swell, led by Bank of America (BAC) . Insurance is slightly higher but my fav long, Hartford Financial Services Group (HIG) , continues to lag. Brokerages, up big, are flat. I initiated shorts in MS and GS based on the magnitude of the recent rally, reduced expectations for capital market activity and a flattening yield curve. Retail was broadly lower. I addressed the headwinds facing dollar-store companies in my opening missive. Both DG and DLTR reversed by more than $2 from the morning highs. Home Depot (HD) also is lower again (Some interest in this name in the Comments Section; I would continue to avoid after a period of outperformance). Biotech is flat as a pancake. Energy stocks moved lower despite a modest rise in the price of crude. I initiated trading shorts in U.S. Oil Fund (USO) , Schlumberger (SLB) and Exxon Mobil (XOM) this week. Autos down on the day. I pointed out the rise in subprime auto delinquencies yesterday as another signpost of Peak Autos. Staples have been hit on a stronger U.S. currency. Media is weaker. Here are some value-added contributions on our site today: Jim "El Capitan" Cramer on what's real or Memorex? Jim also chimes in on his view of the dollar-store space. Mark "Nashville Cats" Sebastian on a Financial Select Sector SPDR ETF (XLF) game plan.  Rev Shark on possible reactions to the Fed.  Ed Ponsi "Scheme" on how to play Jackson Hole. 

Oil Vey! Real Money Pro($)

The Wall Street Journal has an interesting article out about the fact that the largest oil companies' debts have hit a record high. This mirrors a piece I referred to yesterday from Zero Hedge.
Emerging-market stocks look weak technically, as we can see in the recent "double top" for the MSCI Emerging Markets Index (^EEM). Such moves often precede energy-price drops. The Organization of Petroleum Exporting Countries might be losing control of the oil markets again. The overall stock market seems ripe for a correction. Will it be Sell in September or Get Dismembered?
Oil, transports and loss of momentum could weigh on stocks.
You're much more likely to lose with them than with just about any other investment.
Consider selling puts in USO out to September that are just out of the money.

Oil Fund Screams 'Short Me!' Real Money Pro($)

The USO sets up for a quick, short-term move lower.
Consider this USO long call 'shooter' setup.
With Europe still struggling, you have to wonder how aggressive the Fed can be.  

Columnist Conversations

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Market off to a decent start with all three major indices slightly up even as oil begins the week with over a ...

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