If Oil’s Heading to $100 a Barrel, PXI Could Be Powerful
October 04, 2021 at 13:00 PM EDT
Last Friday, the Invesco DWA Energy Momentum ETF (PXI) jumped 3% on volume that was above the daily average, extending its year-to-date gain to a stellar 81.13%. All the Invesco exchange traded fund did last week was soar 10.17%. Those statistics might imply that upside is limited from here for...