Jeffrey Gundlach

DoubleLine Capital

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Notes:

Energy Select Sector SPDR (XLE) $77.87 ($74.97 when published)

An exchange-traded fund that invests in energy and has underperformed the S&P 500 by something like 100% in recent years. That has stopped with the price of oil no longer declining. It is unlikely that you are going to have a bear market in oil.
XLE ETF strikes me as a good way to also get some exposure to the stock market. The relative performance of the XLE versus the S&P 500 has turned positive recently, and it is now above its 200-day moving average. I like that as a way of investing in this commodity idea.