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USOI - For Energy Stocks It's Not Flashing Caution Anymore But It's Not All Green Light Yet Either
April, 16 2021 01:46 PM
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Physical oil market is starting to tighten, and the recent move in oil confirms that we are not entering a downtrend. While we are no longer cautious, it's not all green light just yet. Use this opportunity to load up on energy stocks. IEA's projected balance going forward requires much more supplies from OPEC+. Fundamentals will keep trending bullish as demand recovers. For further details see:
For Energy Stocks, It's Not Flashing Caution Anymore, But It's Not All Green Light Yet Either
Stock Information
Company Name:
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Stock Symbol:
USOI
Market:
NASDAQ
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