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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,431.20
(
2.08%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.85
(
-0.94%
)
Bitcoin
62,420.41
(
5.61%
)
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ilpapa

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ilpapa

Re: mr_o post# 9238

Saturday, 12/06/2014 10:38:00 AM

Saturday, December 06, 2014 10:38:00 AM

Post# of 29291
USO tries to match the oil price through the use of futures, which injects a distortion based on whether the market is in contango or backwardation.
I don't follow USO, so that's all the help I can be.
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