Oil Service Companies Doing Well…
May 29th, 2008 | By Byron King | Category: Oil Investment & Alternative EnergyOut in the field, the industry players are doing real work.
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Out in the field, the industry players are doing real work.
Once in a great while, a sector trend becomes so strong, the rising tide lifts every boat in the industry.
After a long search yesterday, your editor in chief found the No. 1 way to lose money in stocks right now: betting against oil. The past few years have seen the rise of ETFs that allow speculators to make bets against sectors like energy, technology, and financials.