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ProShares Ultra Bloomberg Crude Oil (UCO)
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OPEC+ Likely To Extend Production Cuts Amid Rising Summer Demand: Report
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, are expected to extend their current production cuts this weekend, as per delegates and analysts. What Happened: The OPEC+ alliance, which was scheduled to meet in person in Vienna on Jun. 1, has now moved the meeting to a virtual platform on Jun. 2...
The Fourth Quarter Started Slow, But It May Finish Strong
October’s numbers did not look good, but November picked up momentum and December may be better, so fourth-quarter GDP may come in better than first feared.
Best Inverse/Leveraged ETFs of Last Week
Wall Street put up a mixed show in the holiday-shortened last week. Leveraged gold miners, healthcare, utilities and energy ETFs/ETNs were among the winning investing areas.