TradingMarkets 7 ETFs You Need to Know for Friday

Upward momentum continued on Thursday, as traders and investors bid both industrial and technology ETFs higher on the day. Country ETFs in Europe and the Americas tended to outperform ETFs from many Asian nations.

Here are 7 ETFs You Need to Know for Friday.

After hours earnings announcements from Google
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and International Business Machines
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on Thursday will keep technology ETFs front and center on Friday. Among those ETFs that include both stocks among their top holdings are the Technology Select Sector SPDR ETF
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, the ProShares Ultra Technology ETF
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and the iShares Dow Jones U.S. Technology Index ETF
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.

All three of the above technology ETFs are increasingly due for a pullback, trading in overbought territory above their respective 200-day moving averages.

Buying in financial shares helped push the ProShares Ultra Financials ETF
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deeper into overbought territory below its 200-day moving average. The ETF has closed higher for three out of the past four trading days.

European country ETFs continue to put in more impressive performances than their Asian counterparts over the past few days. Both the iShares MSCI Germany Index ETF
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and the iShares MSCI France Index ETF
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were up on the day on Thursday, while the iShares FTSE/Xinhua China 25 Index ETF
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FXI |
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finished lower.

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