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 week, I focused on the First Trust Nasdaq Clean Edge Green Energy Index Fund (NYSEArca: QCLN). After underperforming last year, the clean energy sector is making a swift rebound. Looking ahead, the shift away from fossil fuel reliance to greater alternative energy sources could help boost the clean energy industry.
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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.