$OIH Breaks Out as Oil Assumes Leadership Role

OIH is the oil services ETF. Oil plays have been breaking out in a big way as the sector takes over a leadership role. But these stocks are still way below their 52 week highs, unlike most of the market. As oil ramps higher, we will have to start investing in oil production or risk a scary squeeze in oil. OIH holdings are the beneficiaries of this worry.
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