SCO / SCO: A Short Oil Position And How It Can Be Used

Crude oil prices dropped on Tuesday. This pulled crude ETFs lower amid growing concerns that ongoing hawkish monetary tightening will affect global ec more_horizontal

Saudi Arabia's voluntary production cut of one million bpd at the recent OPEC+ meeting can basically be viewed as attempting to create a floor for cru more_horizontal

SCO, as its very name implies, enables traders to profit from the bearishness of the oil market. It has provided better performance than DRIP, another more_horizontal

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. more_horizontal

SCO is a double-short oil ETF. But its Index does not match 2X returns of the nearby NYMEX futures contract. more_horizontal

Oil has been one of the best performing assets in 2021, but it has seen some short-term weakness. There have been calls to raise production, release s more_horizontal

Oil has been one of the best performing assets in 2021, but it has seen some short-term weakness. There have been calls to raise production, release s more_horizontal

Oil has been one of the best performing assets in 2021, but it has seen some short-term weakness. There have been calls to raise production, release s more_horizontal