United States Oil Fund LP (ETF) (AMEX:USO)

CAPS Rating: 2 out of 5

The Fund is a commodity pool issues units that may be purchased and sold on the American Stock Exchange. It engages in the speculative trading of futures contracts and options on futures contracts.

Recs

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Player Avatar shuntsu (< 20) Submitted: 11/24/2010 9:02:58 AM : Outperform Start Price: $35.01 USO Score: -13.08

So long as the Fed is pushing money out (currently via QE2) we can expect dollar-denominated commodities to rise in price and have high volume as buyers jockey for futures contracts.

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