Market Indices PE Ratio for Major Stock Exchange globally
See April 2016 Global Stock Market PE Ratio here.
OFFERING IN RESPECT OF 396,569,300 UNITS REPRESENTING UNDIVIDED INTERESTS IN MANULIFE US REAL ESTATE INVESTMENT TRUST AT THE OFFERING PRICE OF US$0.83 PER UNIT COMPRISING:
SUBJECT TO THE OVER-ALLOTMENT OPTION OF UP TO 28,149,300 UNITS (THE “OVERALLOTMENT OPTION”).
Please see the official announcement of the Manulife US REIT IPO Balloting Result here.
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.
In Summary for USO base on Technical Analysis:
Compute the Reward vs Risk Ratio and make your investing decision.
What is USO ?
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.