Press Releases

U.S. Oil Fund (AMEX: USO) and Exxon Mobil (NYSE: XOM) Moving In Tandem

The U.S. Oil Fund (AMEX: USO) and Exxon Mobil (NYSE: XOM) are moving in the same general direction, a sign that the oil market is in sync.

When oil stocks and crude oil move in the same direction it confirms the validity of the trend. And right now, the trend remains up, even though crude oil is testing the $120 area and could pause in this general area before moving higher, or lower.

For now, Exxon and USO are trending in the same general direction. The issues, if any will rise, will come if crude makes a new high and Exxon fails to confirm it, or viceversa.

At this point in the cycle attention to detail is crucial, and any divergence, no matter how subtle could be a sign of a possible change in the trend.

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Doctor Joe Duarte's Market I.Q., offers subscribers a unique blend of intelligence, market commentary and trading strategy. Duarte's daily articles, and news summaries offer recommendations and analysis for ETFs, and individual stocks in the technology, health and biotechnology, and energy sectors. Doctor Duarte is a writer, and an emerging futurist, with a diverse background, and a growing audience. His combined expertise in health care, energy, and the effects of politics and global intelligence on the financial markets offer a unique blend of insight and information to thousands of active investors and political and intelligence aficionados around the world on a daily basis.

He is the author of four books: "Futures And Options For Dummies," "Successful Energy Sector Investing," "Successful Biotech Investing" and co-author of "After-Hours Trading Made Easy."

In early 2001 Dr. Duarte in "Successful Energy Sector Investing," correctly predicted that Venezuela's political problems could lead to an energy crisis in the United States.

In 2003, also Dr. Duarte was among the first to widely publicize the long-term friendship between French President Jacques Chirac and Saddam Hussein.

He has also appeared as a weekly guest on Market Mavens Radio, has logged appearances on KNX radio in Los Angeles, Financial Sense.com radio, and Wall Street Radio.

One of CNBC's original Market Mavens, Dr. Duarte has been writing about the financial markets since 1990.

His articles and commentary have been featured on CBS Marketwatch, Barron's, Smart Money, Medical Economics, and in Technical Analysis of Stocks and Commodities magazines.

In 2003, Doctor Duarte received second place, in the professional section, of the Medical Economics Investment Challenge with a 12-month return of 42%.