TradingMarkets 7 ETFs You Need to Know for Thursday
Emerging market-related exchange-traded funds were among the biggest gainers in the final hour of trading on Wednesday, with ETFs providing exposure to markets in both China and Brazil both up more than 3% late in the day.
Short and leveraged short ETFs indexed to financial stocks pulled back for a second consecutive day and are both trading above their 200-day moving averages and increasingly oversold.
Here are 7 ETFs You Need to Know for Thursday.
Up for the fifth day out of six and more than 2% on the day, the iShares FTSE/Xinhua 25 Index ETF, FXI
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iShares Brazil Index Fund, EWZ
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200-day moving average.
The Proshares UltraShort Financials ETF, SKF
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Although nearly 30 points above its 200-day moving average, the Biotech HOLDRS, BBH
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Approaching the July highs and trading below their 200-day moving average, the Select Utilities Sector SPDRs, XLU
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