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Continuing Warning On Crude Oil Price Weakness As Indicated By Hedging In Short-ETF SCO
Peter F. Way • Mon, Apr 22
Rude Crude Oil Price Forecasts, With A Warning For Energy Investments
Peter F. Way • Sun, Apr 7 • 7 Comments
Oil, Options, Risk And Illusions
Carlos X. Alexandre • Wed, Mar 7, 2012 • 10 Comments
The Glencore IPO: A Bad Sign for Commodity Investors
Devon Shire • Mon, Apr 18, 2011 • 3 Comments
One Way to Profit From Plummeting Oil Prices
StreetAuthority • Tue, Aug 24, 2010 • 2 Comments
DNO: New Short Oil Fund Compounds Interest Daily
IndexUniverse • Thu, Sep 24, 2009 • 6 Comments

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Crude Oil: Approaching $100 / Barrel ... Not This Time
Matthew Bradbard • Tue, Jun 18 • 7 Comments
Monday Manipulated Market Malarkey: Welcome Greater Fools
Philip Davis • Mon, Jun 17 • 8 Comments
Earnings Artificially Boosted By One-Time Credits: A Reason To Short?
Philip Davis • Fri, Jun 14 • 3 Comments
Whipsaw Wednesday: The Wild Ride Continues
Philip Davis • Wed, Jun 12 • 13 Comments
Trading The Market With Oil And Nikkei Strategies
Philip Davis • Wed, Jun 12
Yen And Oil Futures Tumbling: How We're Playing It
Philip Davis • Fri, Jun 7 • 1 Comment
Sell Oil: Weak Chinese Data, End Of QE3 Weigh Heavily
Richard Cox • Tue, Jun 4 • 10 Comments
Will We Hold It Wednesday: Russell 975 Is Bust
Philip Davis • Wed, May 29
U.S. Economy In March - Spring Swoon Has Arrived
Stephen Aniston • Thu, May 16 • 10 Comments
Crude Oil And Gasoline Inventories Decline
Bespoke Investment Group • Wed, Apr 17
Weekly Gasoline Update: 7th Week Of Falling Prices
Doug Short • Tue, Apr 16
Record Market Performance Drives Record ETP Inflows, Assets Under Management In Q1
Deborah Fuhr • Mon, Apr 15 • 1 Comment
Even The Bulls Are Becoming Wary: Can We Trust The Market Any Longer?
Joseph Stuber • Tue, Apr 9 • 192 Comments
Don't Overlook The U.S. Dollar Factor For Oil Prices
James Picerno • Mon, Mar 25 • 4 Comments
Brent Crude And WTI: When The Same Thing Becomes Very Different
Charles Armstrong • Thu, Mar 21 • 37 Comments
Whipsaw Wednesday: The Rally Resumes
Philip Davis • Wed, Mar 20 • 4 Comments
Weekly Gasoline Price Update: Down A Penny Or Two
Doug Short • Tue, Mar 19
Oil Vs. Gasoline Prices
Bespoke Investment Group • Mon, Mar 18
Monday Market Mayhem: Cyprus Declares 'A Nuclear War On Savings And Wealth'
Philip Davis • Mon, Mar 18 • 60 Comments
Fabulous Friday Finish: Ramping Or Camping Into End Of Quarter?
Philip Davis • Fri, Mar 15 • 10 Comments

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SCO vs. ETF Alternatives

SCO Description

ProShares UltraShort DJ-UBS Crude Oil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones—UBS Crude Oil Sub-IndexSM.
See more details on sponsor's website

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

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Thursday, June 13, 6:35 PM Is the U.S. oil renaissance overhyped? U.S. oil production grew faster than almost all the world's major energy players last year, but some analysts think the industry can't maintain its blistering growth. AllianceBernstein sees the marginal cost of crude in the U.S. at ~$95/bbl, which makes new production vulnerable to sharp price drops. Also, declining Bakken and Eagle Ford well production rates suggest “the best is behind us." 16 Comments [Energy]
Wednesday, June 12, 8:13 AM The odds that oil prices will fall over time due to supply increases gets support from the IEA's latest oil market report, which projects the amount of oil processed by refineries to rise by 2.2M bbl/day between Q2 and Q3 to average 77M bbl/day. Non‐OPEC supply expectations are raised to 54.5M bbl/day for 2013 on rebounding output in South Sudan and strong North American oil sands and tight oil production. Comment! [Energy, Global & FX]
Friday, May 31, 8:08 AM On the face of it, it's a smooth meeting of OPEC ministers, who decided - as expected - to maintain the current 30M bbl/day oil production cap. But there are some elephants in the room: the impact of North America's energy glut on OPEC’s periphery, how best to accommodate rising Iraqi output, how to close the political divide that prevents the selection of a new secretary general, and even whether OPEC is now a "paper tiger." Comment! [Energy, Global & FX]
Friday, May 31, 7:50 AM At its meeting in Vienna, OPEC agrees to keep its 30M barrel/day output target unchanged this year. WTI crude futures -0.75% to $92.90. Brent crude -0.65% to $101.53. USO -0.4% premarket. Comment! [Energy, Breaking News]
Friday, May 24, 8:07 AM Oil traders might have an opportunity in the recently-narrowed spread between WTI crude (USO) and Brent (BNO), says Goldman. Though expecting further narrowing in the near-term, the team recommends selling WTI Dec. 2014 contracts and buying equivalent Brent as rising Gulf Coast supplies later this year and in 2014 should pressure WTI prices. Comment! [Commodities]
Tuesday, May 14, 4:50 AM Thanks to U.S. shale oil, demand for OPEC crude will remain largely unchanged over the next five years the IEA says in its semi-annual report. "Output growth from North America dominates the medium-term growth profile," the agency notes. By 2018, U.S. output should reach 11.9M barrels per day, 20% of the projected total of 59.3M barrels per day of non-OPEC supply. 3 Comments [Commodities]
Monday, May 6, 8:31 AM The commodity boom (DBC) is over, writes Morgan Stanley global macro chief Ruchir Sharma, as massive overinvestment - mostly to feed China's voracious demand - comes online just at the time said demand becomes considerably less voracious. Not only are China and emerging markets in general slowing, but the countries are striving to become more efficient (USO) as well. "If historical pattern holds, we are now entering a long period of falling commodity prices, which could last two decades." 2 Comments [Commodities]
Thursday, April 18, 10:32 AM One would expect lower crude inventories to result in higher prices, but that didn't happen yesterday as WTI slid below $87. Walter Kurtz's four possible reasons to explain crude's downside moves: weaker than expected growth in China has sparked a negative sentiment in commodity markets; hedge funds unwinding positions; lower U.S. demand for gasoline; North American production continues to surprise. 2 Comments [Commodities]
Monday, April 15, 11:57 AM It's not as bad as gold, but crude oil is taking a beating too as weaker-than-anticipated economic reports from China deepen demand worries. Goldman Sachs says it has closed its long position in Brent crude with a loss of ~15%, worried prices will come under more pressure as European refining capacity comes back online after routine maintenance. WTI -2.9% to $88.59, Brent -2.6% to $100.45. Comment! [Energy, Global & FX]
Monday, April 15, 6:57 AM S&P 500 (SPY) futures -0.5%, Nasdaq 100 (QQQ) -0.4% as the liquidation in precious metals continues. Other sensitive commodities: WTI crude (USO) -2.5% to $88.76, and copper (JJC) -3.4% to $3.23. 6 Comments [On the Move]
Monday, April 15, 4:49 AM China's GDP miss and disappointing industrial production data are sending global equity markets lower, as well as copper and oil, which is also suffering from the IEA slightly cutting its demand outlook last week. Japan -1.6%, Hong Kong -1.4%, China -1.1%, India +0.6%. EU Stoxx 50 -0.2%, London -1%, Paris -0.8%, Frankfurt -0.8%, Milan -0.2%, Madrid -0.4%. Oil -2.4%, copper -1.5%. 1 Comment [Global & FX, Top Stories, On the Move, Energy]
Thursday, April 11, 10:47 AM Crude futures give back a bit of recent gains after the IEA cuts its outlook for global oil demand growth to 795K bbl/day from a previous 820K bbl/day, reflecting weak demand from industrialized countries and especially Europe, where 2013 consumption is seen at the lowest since the 1980s. Still, political threats to supply and an imminent recovery in refinery operations mean it's "too early to call a bear market." Comment! [Energy, Commodities, Global & FX]
Monday, April 1, 8:57 AM West Texas crude’s discount to Brent prices widened from the narrowest in almost nine months after Exxon Mobil (XOM) shut its 96K bbl/day Pegasus pipeline system due to a leak in Arkansas. Inventories already are high, and the pipeline closure will mean less crude can be transported from the U.S. Midwest, potentially exacerbating a glut of oil coming from Canada to the Midwest. Comment! [Energy, Commodities]
Tuesday, March 26, 5:45 PM An increasing push to substitute natural gas for oil and improvements in fuel economy could lead to the end of growing oil demand much sooner than expected, Citi's Seth Kleinman forecasts. The last decade's structural bull market was a result of surging global oil demand and weak non-OPEC supply growth; the outlook has now reversed, meaning Brent prices are likely to hover at $80-$90/bbl by decade's end. 7 Comments [Energy, Global & FX]
Tuesday, March 12, 6:46 PM Surging output from shale oil fields likely will lift U.S. crude output to 7.5M bbl/day by October, topping net imports for the first time since 1996, the EIA says in its Short-Term Energy Outlook. U.S. demand last year fell 400K bbl/day to a 16-year low 18.55M, and EIA expects demand in 2013-14 to barely inch higher, as aggressive conservation and substitution measures have pushed consumption onto a new trajectory. 4 Comments [Energy, Commodities, U.S. Economy]
Tuesday, March 12, 8:18 AM World oil demand is set to grow 800K barrels/day in 2013, says OPEC in its March monthly report. That's unchanged from a previous forecast and the same as 2012. Supplies, however, are on the rise thanks to shale oil, says Compass Global's Andrew Su, cutting his forecast for WTI crude (USO) to $75/barrel. 1 Comment [Commodities]

Philip Davis
Morning Commentary on Oil, the Yen and our new Bullish Trade Ideas $$ $USO, $FXY, $SCO, $EWJ -- http://bit.ly/14ljB08
Jun 7, 9:15 AM
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lobsterboy98: Today's rally=semi bad news so good news no QE tapering, so bad news = rally good news = rally, no news = rally...anyone see a problem here?
Jun 7, 11:54 AM
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ltfinger
Returning Downgrades (5/3/13): $ADNC, $AGNC, $ATHN, $CHE, $CVD, $EQR, $LNKD, $NTI, $SCO, $TDC, $TLT, $TMF
May 6, 9:34 AM
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ltfinger
Potential Upgrades (5/1/13): $ABCO, $AFSI, $AON, $EXLP, $EZPW, $FTNT, $JIVE, $SCO, $TECH
May 2, 10:25 PM
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ltfinger
New Upgrades (4/4/13): $BXP, $CRI, $DGX, $DIN, $EQR, $HLF, $HMC, $JOSB, $KSS, $LQDT, $OXY, $PPS, $SAFM, $SCO, $TM, $YCS, $SNI, $TAHO, $YCS
Apr 5, 12:30 PM
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Philip Davis
Pre-Market Commentary with a "wheee!" on oil $$ $USO, $SCO, $ABX, $GLD, $TZA, $XOM, $CVX, $UNG, $JJC... -- http://bit.ly/ZDwXAr
Mar 18, 9:24 AM
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ltfinger
Today's New Downgrades (3/15/13): $AMZN, $AOL, $CYBX, $EW, $NTES, $NTI, $SBS, $SCO, $TSLA, $ZMH
Mar 15, 7:35 PM
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ltfinger: $NTI sinks per its downgrade...
Apr 2, 9:36 PM
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COBeeMan: $NTI is down just under $25 today.
Apr 3, 1:27 PM
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Philip Davis
Today's Oil Inventory Report is Another Chance to Short Oil: $USO, $SCO, $DUG - http://bit.ly/11pHeFV
Feb 6, 10:44 AM
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Philip Davis
Taking the Money and Running on Gold and Oil: $GLD, $USO, $SCO - http://bit.ly/14uZY4y
Feb 1, 9:29 AM
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Ryan Mallory
Oil Nears Resistance-$SCO and $UCO | http://bit.ly/Uxt6nO
12/30/12
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sean.parmelee
Crude daily chart is amusing. USO OIL UCO SCO http://bit.ly/T6DW5k
10/4/12
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LATEST REPLIES

Philip Davis
Morning Commentary on Oil, the Yen and our new Bullish Trade Ideas $$ $USO, $FXY, $SCO, $EWJ -- http://bit.ly/14ljB08
Jun 7, 9:15 AM
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lobsterboy98: Today's rally=semi bad news so good news no QE tapering, so bad news = rally good news = rally, no news = rally...anyone see a problem here?
Jun 7, 11:54 AM
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ltfinger
Today's New Downgrades (3/15/13): $AMZN, $AOL, $CYBX, $EW, $NTES, $NTI, $SBS, $SCO, $TSLA, $ZMH
Mar 15, 7:35 PM
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ltfinger: $NTI sinks per its downgrade...
Apr 2, 9:36 PM
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COBeeMan: $NTI is down just under $25 today.
Apr 3, 1:27 PM
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bigdividendsonly
SCO enjoying my 44.30 sell near close yesterday ! Oil might tick up on thick tensions despite glut
10/4/12
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Ocean Man: Great call on exiting that one yesterday.
10/4/12
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bigdividendsonly
SCO gone at 44.30..The whole world is bearish now. To to cash in.7.50 gained
10/3/12
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bigdividendsonly: Like this move and credit goes to golfitobob again.. Getting his help trading oil is a/o/k
10/4/12
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sean.parmelee
Oil really struggling here. Find that difficult to understand. USO OIL UCO SCO
9/6/12
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1980XLS-2.0: that's how you know. Refining capaicity has zilch to do with oil prices. And, that's why it won't work anyway
9/6/12
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1980XLS-2.0: that's how you know. Refining capaicity has zilch to do with oil prices. And, that's why it won't work anyway
9/6/12
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vinyal
Covered SCO
7/23/12
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vinyal: sorry meant sold SCO
7/23/12
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The_American
SH SZYM as it has high beta and trades with USO UNG which had a huge rally. SCO UCO DIG DUG NAV appear to be trading in tandem. OIL GLD SLV
7/6/12
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stocktrend: I believe NAV it will be bought but when ,just cut my losses and make upin other stocks today but will reenter with aleast 1000 maybe today
7/6/12
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Maria Auziliadora: stocktrend check ATRS well it saved me from loosing
7/9/12
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Mercy Jimenez
SDS and SCO have been good hedges this week.
5/3/12
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Mercy Jimenez: True, but I make up some difference with larger blocs for short term trades; I still have some scars from the highly leveraged plays :))
5/3/12
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vinyal
Looking to initiate positions in ERY SCO EUO add to FAZ and TVIX. Will wait for dip buyers to step aside as we get closer to 1350
2/3/12
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czfarrah61601: Do you really see potential in FAZ? I'm getting a little worried.
2/3/12
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vinyal
doubled my SCO position. Bullish long term. i will get long again at 94
2/2/12
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vinyal: except oil just broke support. so expecting some more downside
2/2/12
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mix: It is confusing when you say you are bullish an ultra short oil etf... :)
2/2/12
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vinyal
doubled my SCO position. Bullish long term. i will get long again at 94
2/2/12
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vinyal: ... i meant when oil goes to 94
2/2/12
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vinyal
Wow SCO DTO getting hammered. would not have thought a reversal like that
1/25/12
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mun2000: it is not first time when rally rally after supply increase .burn many times now I think that buy every dip in oil is good
1/25/12
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mun2000: Big mistake should buy when it was 3% down got greedy wait for fed to drop more
1/25/12
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vinyal
Going Long SCO
1/5/12
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The Berenstain Bulls: Goodluck my friend.
1/5/12
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The_American
BNO UCO DBO OIL SCO which are all oil trades. If EUO breaks down, money flows into UUPT UDN UUP. It will not last. Our debt is 100% GDP- GLD
12/23/11
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murcilp640: damn right
12/23/11
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vinyal
with my SCO rocketting higher it is over for this market. we have a date with 1185 and i believe we break it this time round
12/15/11
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mossimo: I'm rooting for vinyal
12/15/11
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Native Texan: Vinyal, I think it more likely that the Bears will have to deal with a bullish rumor out of Europe over the weekend.
12/15/11
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SCO ProShares UltraShort DJ-AIG Crude Oil ETF

SCO

ProShares UltraShort DJ-AIG Crude Oil ETF