Today’s big ETF movers were most prevalently found in the emerging markets. Among these are the iShares FTSE/Xinhua 25 Index ETF, FXI, and the iShares MSCI Taiwan Index ETF, EWT.
Short and leveraged short exchange-traded funds were among the day’s top performers with all major indexes in the red. Tuesday’s 7 ETFs to watch includes the ProShares UltraShort Semiconductor ETF, SSG after gaining more than 3% on the day.
Oversold conditions from yesterday in Nasdaq-related ETFs resulted in strong gains on Friday, as a number of exchange-traded funds including leveraged funds with Nasdaq exposure advanced.
Energies and materials were the big gainers again among exchange-traded funds on Thursday. Friday’s 7 ETFs includes the ProShares UltraShort Oil & Gas ETF, DUG.
Asian ETFs sell off as the Beijing Olympics approach. Friday’s picks include the iShares Hong Kong Index ETF EWH which closed at its lowest level since mid-July.
Technology ETFs made the biggest advances today along with ETFs represent Latin America and Taiwan. On today’s list are Microsoft, Select Technology Sector SPDR, and others.
The stocks market made huge gains today, making ETFs very bullish. Wednesday’s 7 ETFs includes Proshares Ultra QQQ, QLD, and U.S. Real Estate Index Exchange Traded Fund, IYR.
A tropical storm missing offshore rigs and increased political pressure to allow drilling off of U.S. coasts both contributed to a major decline in oil prices today. Here are 7 ETFs you should be watching for Tuesday.
An upbeat speech from Federal Reserve Chairman Alan Greenspan Tuesday cheered the tech and rate-sensitive utilities funds. The drug sector also turned higher.
The tradable tech and biotech funds put in constructive gains Friday, but the financial Spider slid to its lowest
close in seven sessions. Who would dispute techs a shot at-á reasserting leadership? But I’d feel better about the long side if financials would give us a nice, bullish breakout.