Each week ETF Trends publisher Tom Lydon (above right) discusses “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and disappointments among exchange traded funds.
This week, Tom looks at the SPDR S&P Metals and Mining ETF (XME). He discusses the mining industry gaining momentum, notably a rebound in copper prices and gold, which is at over a one-year high.
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.