After a Tumble, E&P ETF Looks Like it’s Bottoming

The United States Oil Fund (NYSEArca: USO) is up nearly 12% in just the past week, a run that is aiding the bottoming process for an array of equity-based energy exchange traded funds. That group includes the $1.69 billion SPDR S&P Oil & Gas Exploration & Production ETF (NYSEArca: XOP),...
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