United States Oil Fund (USO): On Short Term Up Trend

United States Oil Fund (USO) is currently trading in up trend channel after breaking out from a Double Bottoms reversal chart pattern. However, this short term up trend may be capped by the declining 200D SMA resistance. Looking at the longer term chart, USO is very near to historical low.

USO May11-2016USO Long Term May11-2016

In Summary for USO base on Technical Analysis:

  • Price very near to historical low.
  • Double Bottoms Reversal Pattern
  • Currently on Up Trend

Compute the Reward vs Risk Ratio and make your investing decision.


What is USO ?

United States Oil Fund

The United States Oil Fund® LP (USO) is an exchange-traded security designed to track the daily price movements of West Texas Intermediate (“WTI”) light, sweet crude oil. USO issues shares that may be purchased and sold on the NYSE Arca.

The investment objective of USO is for the daily changes in percentage terms of its shares’ NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in price of USO’s Benchmark Oil Futures Contract, less USO’s expenses.

USO’s Benchmark is the near month crude oil futures contract traded on the NYMEX. If the near month futures contract is within two weeks of expiration, the Benchmark will be the next month contract to expire. The crude oil contract is WTI light, sweet crude oil delivered to Cushing, Oklahoma.

USO invests primarily in listed crude oil futures contracts and other oil-related futures contracts, and may invest in forwards and swap contracts. These investments will be collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less.

USO’s Fund Benefits

  • USO offers commodity exposure without using a commodity futures account.
  • USO provides “equity-like” features including, intra-day pricing, and market, limit, and stop orders.
  • USO provides Portfolio Holdings, Market Price, NAV and TNA its website each day.

KepCorp: Rejected at 200D SMA Resistance

KepCorp share price is rejected at 200D SMA Resistance after breaking out from the Double Bottoms. Is this only a Dead Cat Bounce before continuing the down trend for Kep Corp? Keep a close eye on the support zone between $8.90 and $9.00.


Original post by Marubozu My Stocks Investing Journey.

Current P/E Ratio (ttm) 8.8179
Estimated P/E(12/2015) 10.3700
Relative P/E vs. FSSTI 0.6222
Earnings Per Share (SGD) (ttm) 1.0490
Est. EPS (SGD) (12/2015) 0.8920
Est. PEG Ratio 10.8814
Market Cap (M SGD) 16,760.64
Shares Outstanding (M) 1,811.96
30 Day Average Volume 4,629,987
Price/Book (mrq) 1.5486
Price/Sale (ttm) 1.2816
Dividend Indicated Gross Yield 5.19%
Cash Dividend (SGD) 0.3600
Dividend Ex-Date 04/22/2015
5 Year Dividend Growth 5.12%
Next Earnings Announcement 07/24/2015

Another thing to watch is the Crude Oil stock chart. Crude Oil is currently showing a Double Bottom, a trend reversal chart pattern, but testing the neckline resistance.

Crude Oil April17-2015