Sector ETF report for PXI
Sector ETF report for PXI
Sector ETF report for PXI
Risk-tolerant long-term investors may want to consider this recent slump a buying opportunity, should they have the patience for extreme volatility.
The energy sector, which was the outperformer for most of the year, lost all its shine in recent months on a drop in oil prices due to recession fears. Will this pain continue?
Sector ETF report for PXI
Many ETFs are again scaling new 52-week highs as oil prices are soaring on supply disruptions and unprecedented demand.
The Invesco DWA Energy Momentum ETF (PXI) hits a new 52-week high. Are more gains in store?
The energy sector is gaining from the supply-demand asymmetry in the crude oil markets amid the rising global economic activities and the Russia-Ukraine crisis.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and...