{"id":16564,"date":"2024-09-16T08:00:00","date_gmt":"2024-09-16T12:00:00","guid":{"rendered":"https:\/\/mtatradeoftheday.com\/?p=16564"},"modified":"2024-09-16T07:56:43","modified_gmt":"2024-09-16T11:56:43","slug":"you-probably-dont-have-exposure-to-this-etf-in-your-portfolio","status":"publish","type":"post","link":"https:\/\/mtatradeoftheday.com\/you-probably-dont-have-exposure-to-this-etf-in-your-portfolio\/","title":{"rendered":"“You probably don’t have exposure to this ETF in your portfolio.”"},"content":{"rendered":"
AI demand continues to be a major market mover so far in 2024.<\/p>\n
Last week the chip sector saw another rally after cloud company Oracle\u2019s latest earnings beat. But that wasn\u2019t the only development.<\/p>\n
Oracle CEO Larry Ellison revealed plans for building a megawatt data center that will be used to train AI models.<\/p>\n
These data centers will need over one gigawatt of electricity, which is a lot.<\/p>\n
It\u2019s why I\u2019m paying attention to the energy sector for a potential buy in The War Room this week.<\/p>\n
The ticker I\u2019m looking is The Energy Select Sector Fund (XLE).<\/strong><\/p>\n XLE is a great way to get exposure to multiple energy companies without spending a ton of money on individual energy stocks.<\/p>\n With this energy ETF, you\u2019re getting portfolio exposure to 22 underlying stocks.<\/p>\n These companies primarily develop and produce crude oil and natural gas. Including ExxonMobil, Chevron, Schlumberger, EOG Resources and ConocoPhillips.<\/p>\n<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" AI demand continues to be a major market mover so far in 2024. Last week the chip sector saw another rally after cloud company Oracle\u2019s latest earnings beat. But that wasn\u2019t the only development. Oracle CEO Larry Ellison revealed plans for building a megawatt data center that will be used to train AI models. These … Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":16563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1467],"tags":[],"mobile_app_tag":[],"acf":{"watchlist_for_app":null},"yoast_head":"\n