Three ETFs Frontrunning The Market
Posted on July 19, 2012 at 16:11 PM EDT
Exchange traded funds continued rallying Thursday as commodity prices surged, stocks climbed to a two-month high and corporate earnings beat views. United States Oil (USO) and other ETFs tracking crude oil gapped up 3% to a two-month high on worries that conflicts in the Middle East could disrupt supplies. Fears over the Mideast outweighed data showing ample U.S. supply. For the week ended July 13, U.S. crude oil stockpiles of 377.4 million