Energy ETF Rally: About More Than Just Iran
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy ETF, rose 4.5% last week and is higher by nearly 9% over the past month. While some market observers attribute the energy sector's recent bullishness to the U.S. departing the Iran nuclear agreement, there are other factors at play. Some market participants believe energy [...] Read more on ETFtrends.com.
This article was provided by our partner Tom Lydon of etftrends.com.