SCO ProShares UltraShort Bloomberg Crude Oil Loading... : Bullish and Bearish Analyst Opinions
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Top Calls
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02:25
Sep 10
Sep 10
Sold SCO, expects oil strength on shortages
The author sold their SCO position, implying they no longer expect crude oil to fall. They cite a political statement that war will continue until elections and expect refinery product shortages to lift prices, which would hurt a short-crude vehicle like SCO. No explicit risk was stated.
MED
19:30
Apr 06
Apr 06
UCO and SCO are double-leveraged oil futures ETFs that involve leverage and rolling futures, earning a red light risk score of 10 in Bloomberg's traffic light system. Leverage and futures rolling create high costs and volatility, leading to significant losses over time, as evidenced by UCO being down 98% since launch. AVOID these ETFs as they are not suitable for buy-and-hold investing and carry extreme risk, designed only for very short-term trading. Short-term traders might profit from volatility, but long-term holders are highly likely to experience substantial losses.
About SCO Analyst Coverage
Buzzberg tracks SCO (ProShares UltraShort Bloomberg Crude Oil) across 2 sources. 0 bullish vs 0 bearish calls from 2 analysts. Sentiment: evenly split. 2 total trade ideas tracked. Past 7 days: 1 watch. Latest voices: u/CantaloupeSea48, Eric Balchunas.