Exchange traded funds (ETFs) and the broader market managed to end a volatile February on a high note.
The markets were taken on a wild ride this month, driven primarily by conflicts in the Middle East. Although investors mostly kept their heads, sharply rising oil prices in the last week or two sparked concerns about what it would do to the economic recovery.
Silver was the big winner, with silver-focused ETFs like ETFS Physical Silver (NYSEArca: SIVR) and Global X Silver Miners (NYSEArca: SIL) gaining more than 24%.
United States Brent Crude (NYSEArca: BNO) is the top oil ETF, gaining nearly 18% in February.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.