The energy sector's tale of woe has been amplified plenty of times in recent months. An abridged version goes like this: The United States Oil Fund LP (ETF) (NYSE: USO) is off almost 28 percent over the past 90 days, while the Energy Select Sector SPDR (NYSE: XLE) has tumbled 17.2 percent over the same period.
Down 15 percent year-to-date, XLE is the worst performer among the nine sector SPDRs and it is not even close. To this point in Wednesday's session, 35 energy-related ETFs have touched 52-week lows and that number does not include an array of diversified commodities funds that include oil or single-country ETFs of oil-producing nations.
Traders with a high tolerance can exploit further energy sector declines with some high-flying leveraged bear funds, including the Direxion Daily Energy Bear ...
/www.benzinga.com/trading-ideas/long-ideas/15/08/5738634/for-the-bold-bearish-energy-etf-ideas alt=For The Bold: Bearish Energy ETF Ideas>Full story available on Benzinga.com
More...