The video is pretty much useless from a stock market point of view but kind of fun anyway. My brother Larry and I went to Fenway Park to see the Red Sox against the Diamond Backs. We bought SRO tickets on the green monster and also seats up high along third base. I took a ton of pictures that I will post in due time.

A friend was one of the umpires and another friend connected us to one of the players which got us onto the field and into the locker room after the game--no pictures allowed in the locker room though.

Very cool.

Earlier on Tuesday I was interviewed over the phone by Smart Money Magazine about energy ETFs.

I thought it might be useful to relay those comments here.

The context was what, if any, energy ETFs would I use and why.

Well I am not a fan of the volatility that goes with owning USO and the like (USO being one of the products that owns actual oil not some segment of oil related stocks). In general terms the energy sector is an easy place to add foreign exposure and so my preference is the Wisdom Tree Foreign Energy ETF (DKA), some clients own a similar iShares fund that I generally held onto so as not to incur a gains tax for swapping into possibly a very similar fund.

I was asked if I liked any other ETFs to which I replied that for the rest of the sector I use stocks. I mentioned Statoil, also a refiner that I own and a pipeline stock I own for a few folks. The writer shared his opinion that refiners were being squeezed and wondered what my thoughts were there. Well Statoil is 75-80% unhedged so it feels just about every move with oil. If oil goes down a lot then so will Statoil but it makes sense to think that given the current state of affairs a big drop in oil would benefit the refiners and offset some of the drop that would come to Statoil.

The writer also asked why I prefer stocks over ETFs to which I tied in the above about potentially offseting one stock against the other and what are generally better dividends with certain stocks than you can get from ETFs.

For people willing to do a little stock picking within a sector using a sector product for most of the exposure and rounding it out with one or two stocks is probably a good way to go.