Energy ETF Rally: About More Than Just Iran
May 14, 2018 at 16:34 PM EDT
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...