TradingMarkets 7 ETFs You Need to Know for Tuesday
Profit-taking in financials and bargain-hunting in technology was the name of the ETF trading game on Monday. Plus: Looking for exchange-traded funds (ETFs) pulling back above their 200-day moving averages? You’ll find a pair below in our note on country ETFs.
Here are 7 ETFs You Need to Know for Tuesday.
After several days of aggressive selling, buyers stepped into the oversold technology sector on Monday, bidding shares of stocks like Yahoo!
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Two consecutive oversold closes above the 200-day moving average also helped encourage buyers to step into the PowerShares QQQ Trust ETF
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Profit-taking was the rule for owners of financial stocks, which helped lead stock markets in general lower on the first trading day of the week. Up more than 8% intraday on Monday was the ProShares Ultra Short Financials ETF
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Closing in overbought territory below the 200-day moving average for a third consecutive session, the SPDRS S&P Biotechnology ETF
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Lower prices for crude oil meant lower prices for the ProShares Ultra Oil & Gas ETF
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DIG |
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Among the country funds pulling back above their 200-day moving averages, the iShares FTSE/Xinhua China 25 Index ETF
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FXI |
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