Replies to post #41136 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[JohnCM]

I am PO'd at Russia and Saudi Arabia! They are having a difference of opinion during a worldwide epidemic?

I thought Putin was the president's bud? They have got to agree to cut supply. We need $50.00 oil.

Ridiculous!!

[JohnCM]

Weird. I do not see that UWTIF is an active fund. But you have an active chart?????

[JohnCM]

Big news. U.S. may intervene.
Crude up big!!

[JohnCM]

Story found on discussion board ETF ETN 1X 2X 3X

Leverage Bullish Oil ETN Gets An Upsizing As Crude Prices Falter

Todd Shriber, ETF Professor
Benzinga
March 27, 2020

Leverage Bullish Oil ETN Gets An Upsizing As Crude Prices Falter
Oil is one of this year's worst-performing commodities and the energy sector is the worst-performing group in the S&P 500, a combination that would appear to encourage traders from making bullish bets on energy equities.