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I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This Thursday, I talked about the Market Vectors Oil Services ETF (NYSEArca: OIH). Despite ongoing fears of a global slowdown, we still need to quench our energy needs with oil and the oil sector may be a good option to gain exposure to changes in energy prices.
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.