BullBear Trading: Stock and Financial Market Technical Analysis

Dave Abel
  • Male
  • Alexandria, VA
  • United States
Share on Facebook
Share on Facebook MySpace
 

Dave Abel's Page

Profile Information

What's your current long term market stance?
Bullish
What's your current intermediate term market stance?
Bullish
What's your current short term market stance?
Bearish
What is your style of investing? (You can choose more than one.)
Swing Trader, Trend Follower
In which markets do you trade or invest?
Stocks, Bonds, Commodities, Precious Metals
How long have you been trading or investing?
10-20 years
Describe your level of market experience.
I'm learning but still losing money
Have you read "Reminiscences of a Stock Market Operator?"
No
How did you find TheBullBear.com?
SeekingAlpha.com

Dave Abel's Blog

Investors are betting oil will bounce back

Posted on March 15, 2015 at 10:21pm 0 Comments

According to an article in Forbes (12 Mar 15): "Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra Bloomberg Crude Oil (UCO), which added 14,300,000 units, or a 13.2% increase week over week."

My 2c:  While there is short term downside risk, oil is more than likely to see a price recovery over the long term.  There is a limited supply of oil and no legitimate replacement for oil despite…

Continue

Comment Wall

You need to be a member of BullBear Trading: Stock and Financial Market Technical Analysis to add comments!

Join BullBear Trading: Stock and Financial Market Technical Analysis

  • No comments yet!
 
 
 

Join BullBear Traders

 
Free 30 Day Trial
No Credit Card Required

SUBSCRIBE Here
  

Pay with Cryptocurrency and SAVE!

6 Months BullBear Trading

for $100

(regularly $120.00)

 

Steven Vincent's market analysis is published on:

Steven Vincent's opinion is polled every week for the Birinyi Associates
TickerSense Blogger Sentiment Poll

© 2024   Created by Steven Vincent.   Powered by

Badges  |  Report an Issue  |  Terms of Service