TradingMarkets 7 ETFs You Need to Know for Monday
Equity index ETFs like the S&P 500 SPDRS ETF
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PowerRating) and the Dow DIAMONDS ETF
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The continued advance in stocks meant continued retreat for bond ETFs such as the iShares Barclays Aggregate Bond ETF
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PowerRating), which closed in oversold territory for a second consecutive session to end the week.
Here are 7 ETFs You Need to Know for Monday.
Led by mega-cap stocks like General Electric
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PowerRating), the industrial sector was among the places where buyers were most aggressive on Friday. This meant higher prices for the Industrial Select Sector SPDRS ETF
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PowerRating), which was up over 1% on Friday.
Top ETF PowerRatings funds for Monday include country ETFs such as the iShares MSCI Austria Index Fund ETF
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PowerRating), both of which closed with ETF PowerRatings of 9 on Friday.
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Among the other bond exchange-traded funds pulling back into oversold territory above the 200-day moving average are the iShares iBoxx Investment Grade Corporate Bond ETF
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PowerRating) and the Barclays TIPS Bond ETF
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PowerRating).
The pullback in commodities continued again on Friday, with the iShares Silver Trust ETF
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PowerRating) pulling back by well over 1% and closing for a sixth consecutive trading session in oversold territory.