Long Oil? Then get Long the USO and DIG

Oil Prices

In the last three months The United States Oil Fund LP (ETF) (NYSE:USO) has increased 15% and the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG) has ran up 40%.  The Oil ETFs may be just beginning to run.

Oil to $100? If so its Time to Buy the Oil Equities (USO, XOM, DIG)

Oil- Black Gold

If oil is headed to $100, the obvious plays are the United States Oil Fund LP (ETF) (NYSE:USO), Exxon Mobil Corporation (NYSE:XOM) and our favorite the ProShares Ultra Oil & Gas ETF (NYSE:DIG).

Oil at $70: Play it with DIG and DUG

Oil Prices

Thanks to BP (NYSE:BP) and falling oil prices, the oil & gas stocks have been under pressure as the ProShares UltraShort Oil & Gas (ETF) (NYSE:DUG) has gained 26% in the last month and the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG) has fallen 23%.  Why pick individual oil stocks when you can bet on a ETF that contains the best in the sector.

Gas and Oil Up, Go Long Valero, Exxon, and the DIG (VLO, XOM, DIG)

Oil Prices
Embedded Video: 

Go Gas and Oil! Summer driving season is upon us, time to go long the best in breed in the sector which includes Valero Energy Corporation (NYSE:VLO), Exxon Mobil Corporation (NYSE:XOM), and ProShares Ultra Oil & Gas (ETF) (NYSE:DIG).

The DOW within 5 Points from 10,500

Dow Jones at 10,000

The Dow Jones got up to 10,495 this morning thanks to big oil leading the charge, Exxon Mobil (NYSE:XOM) and friends are ripping higher today, the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG) is up 4% as investors turn to oil, commodities, and gold. 

Home Sales Help Lift the DOW

Housing and Money

Stocks are on fire today thanks to oil, commodities, gold and sales of existing homes increasing 10.1% in October, according to the National Association of Realtors.

Go Long Oil with Exxon and the DIG (XOM, DIG)

Exxon Mobil - Greenpeace

Looking to place a safe bet?  Everyone is, and a ton of money went into buying the world's largest publicly traded company Exxon Mobil (NYSE:XOM).  If you don't want to pick a single oil stock, go with the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG).

DIG vs. DUG: Oil below $50, Again

Oil Prices

Investors are worried about Earnings season, add to it the decreasing global energy demand and oil falls below $50 a barrel today, the ETFs to play are DIG and DUG.

Oil above $50, OPEC, and Russia vs. Europe

Oil Prices

Oil rose above $50 a barrel today as as Kuwait and Qatar indicated they will implement supply cuts announced by OPEC last month.  Then there's that whole thing about Russia cutting natural gas shipments to Europe.

OPEC Agrees to Largest Production Cut Ever

OPEC (Organization of the Petroleum Exporting Countries)

OPEC agreed today to reduce production by 2.2 million barrels a day, the largest cut ever done by OPEC, they are doing everything to prevent oil prices from falling.

Syndicate content

WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)

Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary

Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details