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Trade Alert - Closing Out UCO
Trades

Trade Alert - Closing Out UCO

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HFI Research
Jan 03, 2025
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HFI Research
Trade Alert - Closing Out UCO
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Trade Alert

Sell all of UCO at $28.84 for a gain of 21.89%.

Reasoning: Weather models have turned bearish as the risk of a production shut-in materially decreases, while February looks to be warmer than normal.

We will watch Q1 balances closely to decide when to go back long oil.

Analyst's Disclosure: I/we have no stock, option or similar derivative positio…

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