Everybody knows that the Saints's colors are black and gold because this is oil country, and oil is better known as black gold. With that, I think it's time to lay out a couple charts and figure out how to capitalize on the Saints and USO - the United States Oil Fund.
This season, we'll be tracking the correlation between the performance of the USO and the Saints on the field. Already this season, we have seen amazing results between the USO's movement and the outcome of the Saints game. On the last day of trading before the day of the game, we saw an uptick in the USO before both victories against the Vikings and 49ers. Then, before the hated Falcons came to town, we got a bad sign...a downtick on Friday the 24th.
It's week 4 and this is when we'll find out if this is the real deal. I'm pulling for the USO to go through the roof so we can knock the pants off the Panthers. As of press time (10:40am CDT), we've seen an uptick of 1.35%. My money's on the Saints.
USO ended 2.27% to the good today. WHO DAT!
ReplyDeleteUSO was up Friday: FACT
ReplyDeleteSaints won: FACT
Looks like we're cooking with gas here, folks. I won't necessarily say that this correlation is on par with death and taxes, but I will say that Friday I'll be following the USO and hoping for an uptick. WHO DAT