请问美国和加拿大市场交易的石油index股票是什么？

[sip]

现在是不是买入石油股票的机会？

 

[风 雨]

OIL
HOU.TO

 

[blueray]

uco uso dxo dto

 

[xiangshui]

It depends on your time horizon

现在是不是买入石油股票的机会？

It is hard to give a general Yes or No.

Current market is a trading market.

For long term, slow accumulation should be OK.

For oil index, be ware of Contango effect when futures are roller over month by month.

 

[sip]

It is hard to give a general Yes or No.

Current market is a trading market.

For long term, slow accumulation should be OK.

For oil index, be ware of Contango effect when futures are roller over month by month.

Thanks a lot lao Liu! Can you explain more about the "Contango effect"? Would it be good or bad thing for investing on oil?

All the best to everyone in this forum! Happy Chinese New Year!

 

[超级潜水员]

Contango is the situation where the current futures price is greater than the current spot price for the underlying asset.
If you want to long in the future market, you need to roll over your contract. It basically means that you have to buy future and sell current which will incur losses.
The original future market is backwardation market, means the future price is below spot price. It is because the big seller willing to lock in the price at the premium. However, due to the high trading activities in recent decades, the traditional backwardation market is gone.