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Invesco DB Oil Fund (DBO)

NYSE
Currency in USD
14.77
+0.20(+1.37%)
Closed
After Hours
15.00+0.23(+1.56%)

DBO Comments

Can this ever go back to 7 again ? While WTI is up 26 from 10 this is down ...
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I beleive DBO is safer than USO as they have invested in Mar 21.
Is it a good value buy ar these levels ? Or should wait for lower levels ?
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The majority contract holding by 51% will be expired on Feb, 2021(next year)??? How about the percentage to be expired in June 2020 contract (next month) ???
this etf doesn't hold any contract for this year, thus a great risk protection and good investment for long term
Just like buying a lottery which garuntee return in lobg term for 2-5times. Take some of it for 100-200$ is fine.
Whats the december target for DBO ? Can we see 10 again ?
Can it go to 10 again ?
Any idea why it is going down where the barrel price is going up?
DBO isn't tied to front month contract; it uses optimized strategy and invests in later contracts. Hence it isn't tied to spot price. Hence you can see different movement than the spot price. If you don't know what future contracts are and work, what is contango and how commodity ETFs work I suggest you stay away from them. Not meant in a bad way.
Stay short...I've been since the Corona Virus is officially contained...
I respectfully disagree... look at daily MACD on crude futures.
AND look at the price action, there, itself... DBO should be tracking alongside crude.
Should this technically be the same change % as crude futures?
Now in cash and Feb21 futures, look at the holdings, they have flexibility unlike USO and OIL
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Long
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Long
big sell blocks..
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