USO Trade

As planned in last night’s post, I took a small position in USO once we got some weakness. I entered long 100 shares at $91.47. My stop is placed under the 200 day MA.

One thought on “USO Trade

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  1. FWIW, you have some company on this trade.I thought you might get a kick out of the fact that a little while back I caught myself looking at my screen and chanting:“U-S-O! U-S-O!! U-S-O!!!”I guess I’ve seen too much of the Olympics already…Cheers,-Bill

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