TradingMarkets 7 ETFs You Need to Know for Friday
A 700+ point swing in the Dow boosted many index and sector ETFs up off of deep intraday lows. Among the beneficiaries of Thursday’s rally were energy shares and exchange-traded funds, as well as those ETFs providing exposure to the financial sector. Emerging markets ETFs were also dramatically higher on Thursday.
Here are 7 ETFs You Need to Know for Friday
The turnaround in stocks on Thursday was especially beneficial to financial stocks. The ProShares Ultra Financials ETF, UYG
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Bloomberg reported this morning that Harvard Management, which oversees the more than $3 billion endowment of Harvard University, has been a buyer of small cap and internationally-oriented exchange-traded funds, such as the iShares Russell 2000 Index exchange-traded fund, IWM
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Two of the few stocks that are both oversold and trading above their 200-day moving averages belong to the biotechnology sector. Traders can get exposure to
biotechnology stocks through the Biotechnology HOLDRS, BBH
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Among the sectors moving higher on Thursday was the energy sector, drawing buyers to the Energy Select Sector SPDRS, XLE
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Technology stocks remained under pressure, given recent warnings on Intel
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