I’m not a commodity expert, but I’m paying more attention to diversify the markets I invest in because markets are so highly correlated and that can be a trapt. And while Crude and USO don’t trade in exact correlation all the time, they are fairly close in the direction and usually the intersect when one is lagging the other. Why has the rebound in USO been so mediocre compared to the rally in Crude?
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.
