ProShares UltraShort Bloomberg Crude Oil

SCO provides -2x the daily return of an index of futures contracts on light sweet crude oil.

OTTAWA, Ontario--(BUSINESS WIRE)--Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today launched the industry's first-ever Supply Chain Orchestration (SCO) Maturity Model and Self-Assessment to help global companies evaluate and advance their supply chain orchestration progress against 14 critical dimensions. “Companies are coming to us seeking guidance on how to progress their supply chain orchestration maturity to speed up decision making, improve collaboration,.

Kinaxis Launches Supply Chain Orchestration Maturity Model and Self-Assessment

MicroSectors Energy -3X Inverse Leveraged ETN

Oil prices declined more than 3% on Sept. 10, 2024, and fell to the lowest level since 2021 as OPEC lowers demand growth forecast.

Inverse Oil ETFs to Play as Oil Slips to Lowest Level Since 2021?

This article analyzes the ProShares UltraShort Bloomberg Crude Oil ETF within the context of the recent OPEC meeting and its impact on oil prices. OPEC+ extended oil production cuts to support prices and government budgets, in a meeting led by Saudi Arabia. This indicates OPEC's commitment to maintaining a certain price floor for oil. SCO is a leveraged short oil fund, not suitable for buy-and-hold investors.

SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported

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Jon Wolfenbarger aims to help individual investors generate double-digit profits and beat the market in both bull and bear markets.

Understanding Bull And Bear Market Cycles With Jon Wolfenbarger

SCO is a double short instrument that returns double the inverse of crude oil futures contracts. I advise against investing in SCO due to my belief that WTI crude is set to rise in the months ahead. My favorable outlook on crude oil means avoiding SCO is likely the right play. I explain why in this review.

SCO: The 'Short Crude' Play Could Continue To Be Painful

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

Oil futures and ETFs fell sharply on Thursday, while inverse crude ETFs soared amid rumors of there being a chance to mitigate tensions in the Middle East. Crude traders have been observing how issues in the Middle East are playing out.

Inverse Crude ETFs Rally Amid Rumors of Potential Ceasefire in Middle East

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Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 12/31/2023

ProShares UltraShort Bloomberg Crude Oil ETF is a double short instrument that provides investors with an amplified return on their bet when oil is overbought. Shorting any underlying stock or commodity comes with heightened risks, so caution should be exercised when considering SCO as an investment option. With oil prices dropping and money managers betting on further declines, SCO may seem tempting, but its risks should be carefully considered.

SCO: Shorting Oil Is Too Crowded Of A Trade

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Crude oil prices dropped on Tuesday. This pulled crude ETFs lower amid growing concerns that ongoing hawkish monetary tightening will affect global economic activity as the year progresses.

Monetary Tightening Concerns Drive Inverse Crude ETFs Higher

Saudi Arabia's voluntary production cut of one million bpd at the recent OPEC+ meeting can basically be viewed as attempting to create a floor for crude prices by limiting supply. In addition, there are demand-related factors which favor higher prices. However, a recent trade opportunity to Short the ProShares UltraShort Bloomberg Crude Oil ETF (SCO) has elapsed.

SCO ETF: Assessing The Shorting Opportunity After OPEC+

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Top Performing Leveraged/Inverse ETFs: 03/19/2023

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Despite the ongoing banking crisis, leveraged cryptocurrency, gold mining and FANG+ ETFs gained last week.

5 Inverse/Leveraged ETFs of Last Week

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SCO, as its very name implies, enables traders to profit from the bearishness of the oil market. It has provided better performance than DRIP, another shorting ETF during the last month due to its WTI futures holdings, instead of stocks.

SCO: The Window Of Opportunity Has Probably Elapsed

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Energy Select Sector SPDR Fund

After the 217% price gain from October 1, 2020 to June 1, 2022, investor buying suggests XLE is about to enter an extended trading range. The number of XLE shares outstanding grew an abnormal 74%, which is the largest increase in history. This normally signals caution.

Energy Select Sector SPDR ETF: Investor Activity In XLE Signals Caution

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iPath Pure Beta Crude Oil ETN

United States 12 Month Oil Fund LP

After pulling back significantly in recent days, crude oil and crude ETFs are surging higher on Monday, amid growing concerns over gas supply from Russia and a drop in the dollar, which is helping to overshadow demand worries related to a potential recession and China lockdowns related to the coronavirus.

Crude ETFs Rally Amid Supply Concerns With Russia

SCO is a double-short oil ETF. But its Index does not match 2X returns of the nearby NYMEX futures contract.

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

Crude oil and crude ETFs are approaching monthly highs not seen since March, as ongoing inflation and the summer driving season arrives. Consumers continue to experience pain at the pump, and it doesn't appear likely they will get a reprieve anytime soon, according to analysts.

Crude ETFs Gain As Analysts See More Upside For Oil

After recently reaching their highest levels in nearly a decade, crude oil and related ETFs continued to retrace on Monday, falling another 8%, and breaking below $100 per barrel, amid discussions between Russia and Ukraine, as well as fears that fresh coronavirus restrictions in China could hurt demand. Although you could hardly tell from prices [.

Crude Oil Dumps on Demand and Ukraine Concerns

Crude oil surged 4% on Tuesday, boosting crude ETFs as well, ahead of the much-anticipated API crude oil inventory data report as well as predictions that spiking coronavirus cases and the dissemination of the Omicron variant will prove less harmful to a global demand recovery than believed yesterday. Brent crude climbed $2.6, or 3.22%, to $83.46 [.

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Crude oil was a top performing asset class in 2021. As a result, investors in SCO were punished severely. Despite this backdrop, I think crude may be nearing a top, making short positions less risky now than they have been in recent past.

SCO: More Supply Could Start To Weigh On Crude Prices

News for ProShares UltraShort Bloomberg Crude Oil ETF (SCO)