Next Monday, a new exchange traded fund will launch on the American Stock Exchange.  The ETF will track crude oil prices, allow individual investors the opportunity to bet on the commodity and trade under the symbol USO.  There is still one last OK needed from the SEC to allow trading to begin, but it is a routine matter.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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