What Happens When an Oil ETF Can’t Buy Oil?

May 27, 2020

Dive into These Profits

This global crisis has left a lot of things up to chance -- but not this explosive trading strategy.

There's a specific stock that's likely to make today's traders $3,680 or more in just 10 trading sessions, and Roger Scott wants to give you its name.

He's already predicted a 66.1% return on one of the stocks... Roger has a feeling this one is even bigger!

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What Happens When an Oil ETF

Can't Buy Oil?

I don't think I've ever received as many phone calls, emails, or text messages in one day as I did when oil prices went negative last month. I am still catching up with all those folks, which is frankly a welcome task during our continued isolation.

By far, the most common question I received was "so I should buy an oil ETF now and just hold it for a few years, right?"

On the surface, that might seem like a completely reasonable take…

But when it comes to the stock market, nothing is ever as easy at it seems.

My answer is a resounding NO.

Here's why

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"Thank you Roger, the video was very helpful."

Frank M.

A 52-Week High/Low is the highest and lowest price that a stock has traded at during the previous year. It is a technical indicator used by some traders and investors who view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. As a stock trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), these traders and investors may show increased interest as price nears either the high or the low.