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home / news releases / COM - SCO: A Short Oil Position And How It Can Be Used

COM - SCO: A Short Oil Position And How It Can Be Used

Direxion Auspice Broad Commodity Strategy
  • SCO is a double-short oil ETF.
  • But its Index does not match 2X returns of the nearby NYMEX futures contract.
  • Holding the ETF long-term would have been a disaster.
  • But it can be useful short-term.
  • I provide examples how I have used it.

For further details see:

SCO: A Short Oil Position And How It Can Be Used
Stock Information
Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE
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