Oil Services ETFs may be Saying the Worst is Over
April 23, 2015 at 09:00 AM EDT
The price action for oil services stocks and exchange traded funds is often beholden to oil futures’ price action. Sometimes, that is a bad thing, as was the case in 2014 when the Market Vectors Oil Service ETF (NYSEArca: OIH) slid 23.5% compared to an 8.7% loss by the Energy Select Sector SPDR...