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UCO - Trading In The Oil Patch With The DIG Product
ProShares Ultra Bloomberg Crude Oil
Over the past years, the price action in energy-related stocks turned out to be a harbinger of the price carnage that occurred in the oil market in April 2020. The prices of oil-related shares did not rally with the price of crude oil throughout 2019 and into the early months of 2020. Even as the stock market reached all-time highs, oil companies did not participate. Day after day, as the financial press reported on new peaks in stocks, the energy sector was a laggard and a footnote. The companies that produce the commodity that powers