Popular ETF USO drops -25%, OIL Etn -40%, UCO -56.83%


Market News 

  • United States Oil Fund LP (USO) -25% Almost
  • iPath Series B S&P GSCI Crude Oil Total Return Index ETN (OIL) -40.21%
  • ProShares Ultra Bloomberg Crude Oil(UCO) -56.83%


US Oil Fund drops 25% 
after changing structure again as popular ETF tries to stave off collapse

Investors getting ‘hosed’, rude awakening

Retail investors who believed they were investing in crude oil get a rude awakening

The biggest oil ETF is down more than 30% this week, and retail investors are getting ‘hosed’

USO Popular On Robinhood App

[ScreenCap via RobinTrack.net]

Important :
Past performance does not or may not guarantee future results. 
The content of this blog report is for informational purposes only and should not be interpreted as specific investment suggestion, or advice, or recommendation.

Not stock analysis.
All information including: videos; links; urls; news stories; financial headlines; stock market data; quotes; screenshots of data, is believed to be accurate at the moment of post and it is totally not guaranteed and is subject to change without notice.