XLE Needs to do This to Legitimize a Rebound
December 14, 2018 at 10:57 AM EST
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is sporting a fourth-quarter loss of about 14% so a rebound may not be imminent nor may it be the first thing on investors’ minds when it comes to the energy sector. However, if the benchmark...