U.S. Markets open in 5 hrs 57 mins

Tom Lydon, Chuck Jaffe Talk ETF of the Week: Biotechnology

tlydon@globaltrend.com (Tom Lydon)

Click here to listen.

I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.

This week, I looked at the SPDR S&P Biotech ETF (XBI) . With an aging population, the shift to more specialized drug products and now the full backing of the health care reform, the biotechnology sector has been one of the best performing sectors this year.