BigTrends.com Latest Blogs tagged 'uso'

The New TrendScore and More

Price Headley — Tue, 13 Jul 2010 05:00:00 +0100

Hi, just wanted to pass along a couple of new developments that I'm excited about. These are available on our free TrendWatch newsletter, which arrives daily in your in-box. If you aren't yet receiving the TrendWatch, please register for it here.

In our new re-design of the daily TrendWatch, we've added some new features. One of these is the BigTrends TrendScore. TrendScore is a numerical formula we've designed, based on our different Percent R readings, that g [...]

Flight to Gold and the Dollar

Moby Waller — Fri, 07 May 2010 05:00:00 +0100

The stock market correction began in earnest on Tuesday and has continued through the end of the week. The sovereign debt crisis appears to be spreading to different countries around the world -- or at least there is a fear/perception that it will. Often, the perception/market reaction to events is more important than the event itself, at least for the short-term.

We've seen a classic "flight to quality" during this pullback. Gold and the U.S. Dollar have s [...]

The Asset Class You Don't Want to Miss

Scott Downing — Thu, 15 Oct 2009 05:00:00 +0100

Scott Downing
Director of Research
BigTrends.com

The incessant chatter from the media lately has been about Gold breaking 1,000 and the Dow breaking 10,000. You can't pick up a paper, go to a website, or watch a financial TV show without hearing about how bullish Gold and Stocks are right now. And to be fair, we are also bullish on those assets, and have been for a while now. But there is another sector that is even stronger right now that you don't want to miss.

[...]

Oil charges ahead to multi-month highs

Moby Waller — Wed, 27 May 2009 05:00:00 +0100

Oil moved higher again today, continuing its rebound, and the general recent strength of many hard commodities.

The USO, an ETF which attempts to track the price of West Texas Crude Oil, is above its Top Acceleration Band on the Daily Chart below. In addition, Percent R and Efficiency Ratio are showing very strong readings.

Saudi Arabia is doing nothing to halt the recen [...]