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Steven Bauer
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My Biography: In 2001, I retired and now permanently reside in Mexico. After 5 years of managing my own affairs, I resumed my career in 2007 as a financial analyst / asset manager. My career began while in University as a – manual chartist for some wealthy Investors, who had a fancy math formula... More
My blog:
Investing Wisely
  • Crude Oil - - ProShares - ETF (UCO) -- Bi-Monthly Update 0 comments
    Oct 20, 2013 11:48 AM | about stocks: UCO, OLO, XOM, CVX, BP, RDS.A, STO, TOT, YPF, E, BAK, SSL, PTR, PZE

    Crude Oil - - ProShares - ETF (NYSEARCA:UCO) -- Bi-Monthly Update

    Crude Oil is very likely preparing for a Pull-Back and my taking Short or Inverse ETF positions for my Aggressive Clients. Having completed my weekly study of all my High Profile Energy- Oil / Gas / O&G - Indices / Companies / ETFs. This is a study that always makes me smile because I have spent so many years in the study of Crude Oil / Energy and ETFs like (UCO). I love my work and have for many years.

    My objective is to identify the ever-changing trends for my Forecasting Analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this Sector and Industry Group.

    This week's commentary on - Crude Oil - - ProShares - ETF (UCO) - covers all of my Indicators, both Fundamentally for Valuations and Technically for Momentum. There is much to cover to provide my best possible Forecast and Opinion.

    Please connect with "My Focus Article." Just Click:

    Important: Please Click and Read the following URL - - >

    Income Investors

    My Mission is to provide guidance and direction for conservatively providing consistent annual and superior profitable results for each Formal Recommendation I make to my Clients.

    The Difference Between You and the Pros: Clearly you should be profitable and making money by owning Pfizer, Inc. Via my Emails, I have found that many Investors are struggling with other securities they are holding. I have offered direction to hundreds of Investors and can share with you why you are perhaps holding losing securities and provide a conservative and low risk remedy.

    - - -

    Forecast & Opinion from my Study / Analytics:

    Crude Oil - - ProShares - ETF and other Energy - Oil / Gas Sector Companies and ETFs are tracking well. Although Crude Oil - - ProShares - ETF was in a strong Pull-Back however, it has rallied for the entire 2013 year. That could end soon. I said "could."

    My Forecast for Crude Oil is not as bright as you may be lead to think!

    If you own or are considering owning Energy - Oil / Gas Companies or ETFs, the securities are currently not very compelling to study at this time. Prudent investing supports having a long look and considering ownership in the coming months ahead. Crude Oil - - ProShares - ETF is currently Technically very strong, but it is too late to do any serious Buying. I have reservations about my very weak Fundamental Valuations. I placed it on an Initial Bearish Forecast - "Warning."

    My Analytics (weighting) for my Fundamental Valuations play a vital role in profitable managing money. At this time my Valuations of (UCO) are becoming more positive than perhaps you are being told by other sources. Plainly stated they are - Doing Good!

    My Opinion is to HOLD in anticipation taking profits from the positive price appreciation of late. I am suggesting that a meaningful Pull-Back may resume in the foreseeable future.

    Fundamentally: My Analytics (weighting) for my Fundamental Valuation play a vital role in profitable managing money. At this time my Valuations for Crude Oil and Energy are not as positive at perhaps you are being told by other sources. Plainly stated they are Improving and then Descending again. Have a look at my recent Forecasts for Exxon Mobil and Chevron.

    Technically: Even with this ETF, my Indicators are notably breaking down. It is only currently slightly off its highs of $40 selling for $34. The next rally is in place and any weakness will tell a compelling story as to the future direction of the price of (UCO). When (UCO) began trading in late 2008 it was selling for about $108 per share. The market has had incredible growth for the years since and this view of Crude Oil is not a pretty picture. Brent Crude Oil has performed much better but it too has not reached the highs of 2008. Something to ponder!

    I will personally and promptly reply to any serious investor's inquiry as to my very cautious position for (UCO) !

    - - -

    A Five Year Perspective of Crude Oil - - ProShares - ETF (UCO)

    It has NOT always been like you are being told by so many who do not take the time to "Invest Wisely." Crude Oil - - ProShares - ETF (UCO) has taken some big hits over the few years it has existed.

    My URL for (5-years of Crude Oil (West Texas Light Crude) tells the story well. Since inception for (UCO):

    A Rather Unique Chart / Graphic on (UCO):

    URL for this representation of - (UCO):


    "Selectivity" is what I preach (along with Discipline and Patience) and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "Selectivity." You might like to read my most-recent article on why I believe Selectivity is so critical for profiting in today's Marketplace. You might want to check out "Be Selective II - Just click - - >

    Here are a number of the Component Companies / Peers in the Crude Oil Industry Group that I focus on rather frequently: UCO, OLO, XOM, CVX, BP, RDS.A, STO, TOT, YPF, E, BAK, SSL, PTR, PZE.

    If I can be of help just Email me. Serious Investors Only - Please!

    Should you wish to read my latest article on the following Companies and ETFs - - Just Click on the Symbol. You will be taken (Linked) to my most current article as well at my last 20 articles on that Company or ETF. (It is an excellent way to gain insight into the accuracy of my Forecasts and Opinions). Just so you know you will have access to over 600 articles where I share my Analytics. In addition I have recently published all 500 of the S&P 500 Large-Cap component Companies. And, 200 of each of the S&P 400 Mid-Cap and S&P 600 Small-Cap component Companies. I stay quite busy doing my homework for my Clients.

    I hope you will find my "stuff" very well worth your Time and very Accurate.

    Thanks. . .


    Smile, Have Fun, "Investing Wisely,"

    Dr. Steve

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