Bullish Case: Recent price stability with a slight uptick in bullish risk bias suggests latent potential for upward movement, despite flat term structure.


Bearish Case: A historical correlation indicating negative price action and a near-neutral AI price forecast imply a risk of bearish continuity.


Potential Outcomes:

1) USO ascends on market optimism, 30%.

2) USO descends as bearish factors persist, 40%.

3) USO remains range-bound due to current stability, 30%.


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February 16, 2024


United States Commodity Funds Forecast

[USO]  United States Commodity Funds
Price Forecast: NEUTRAL    Price Action: RANDOM (?)



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USO Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with USO



UCO Forecast + Options Trading Strategies   [UCO]  ProShares Ultra Bloomberg Crude Oil (0.99)


BNO Forecast + Options Trading Strategies   [BNO]  United States Commodity Funds LLC - United States Brent Crude Oil (0.99)


USL Forecast + Options Trading Strategies   [USL]  United States Commodity Funds LLC - United States 12 Month Oil (0.98)


HAL Forecast + Options Trading Strategies   [HAL]  Halliburton (0.9)


HES Forecast + Options Trading Strategies   [HES]  Hess (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to USO



ARKK Forecast + Options Trading Strategies   [ARKK]  ARK Innovation (-0.0)


ITW Forecast + Options Trading Strategies   [ITW]  Illinois Tool Works (-0.0)


CSGP Forecast + Options Trading Strategies   [CSGP]  Costar Group (0.0)


DOOR Forecast + Options Trading Strategies   [DOOR]  Masonite International (-0.0)


CRI Forecast + Options Trading Strategies   [CRI]  Carters (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against USO



SEAS Forecast + Options Trading Strategies   [SEAS]  SeaWorld Entertainment (-0.72)


VGLT Forecast + Options Trading Strategies   [VGLT]  Vanguard Group, Inc. - Vanguard Long-Term Treasury (-0.74)


KOD Forecast + Options Trading Strategies   [KOD]  Kodiak Sciences (-0.76)


EEFT Forecast + Options Trading Strategies   [EEFT]  Euronet Worldwide (-0.77)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (-0.78)


USO News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent USO News






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