In October 2022, the Biden administration told the crude oil market that the target range for replacing barrels sold from the U.S. Strategic Petroleum Reserve was $67 to $72 per barrel. The price is back...
Despite the ongoing banking crisis, leveraged cryptocurrency, gold mining and FANG+ ETFs gained last week.
Wall Street was downbeat last week. Each of the key equity gadgets -- the S&P 500 (down 0.7%), the Dow Jones (down 0.01.%), the Nasdaq Composite (down 1.6%) and the Russell 2000 (down 1.8%) -- lost last...
Investors in ProShares Ultrashort Bloomberg Crude Oil saw new options become available this week, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down...
In trading on Friday, shares of the ProShares UltraShort Bloomberg Crude Oil ETF entered into oversold territory, changing hands as low as $5.97 per share. We define oversold territory using the Relative...
In April 2020, crude oil fell below negative $40 per barrel. On June 11, 2021, the energy commodity’s price was over positive $70 per barrel and climbing. The crude oil market is on a bullish staircase...
Bull market corrections can be brutal. Crude oil had been rallying since April 2020. After a correction in early November 2020, the energy commodity made higher lows and higher highs, reaching a peak in...