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Daily Report : Why it may be time to consider the short side of oil

Jason Goepfert
2025-07-22
Crude oil has been holding its own of late, but two seasonal periods in the second half of the year have seen ticker USO shed over 90% of its value over the past 19 years. As a result, aggressive traders should be looking for an opportunity to play the short side.
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Why it may be time to consider the short side of oil: Crude oil has been holding its own of late, but two seasonal periods in the second half of the year have seen ticker USO shed over 90% of its value over the past 19 years. As a result, aggressive traders should be looking for an opportunity to play the short side.

Smart / Dumb Money Confidence

Smart Money Confidence: 31% Dumb Money Confidence: 73%

Risk Levels

Stocks Short-Term

Stocks Medium-Term

Bonds

Crude Oil

Gold

Agriculture

Research

Why it may be time to consider the short side of oil

By Jay Kaeppel

BOTTOM LINE
Crude oil has been holding its own of late, but two seasonal periods in the second half of the year have seen ticker USO shed over 90% of its value over the past 19 years. As a result, aggressive traders should be looking for an opportunity to play the short side.

FORECAST / TIMEFRAME
USO -- Down, Short-Term

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