| From Midasletter.com: Few investors realize it, but the oil ETF’s give investors a monthly opportunity to make day trading profits on senior oil stocks. The United States Oil Fund is now so large, it contains more than 20% of the outstanding March crude oil futures contracts (West Texas Intermediate, or WTI).
Now, being an ETF, it does NOT want to take physical delivery of that oil. So at some point each month – and that would be the 5th, 6th and 7th business days of the month – they roll over their entire set of contracts to the next month – putting undue, abnormal pressure on the oil price those days..... Full Article: Source
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