TradingMarkets 7 ETFs You Need to Know for Monday
U.S. markets continued higher yet again on Friday to end a very bullish week for equities and equity index higher for a fifth straight trading session. Sector ETFs like the SPDR S&P 500 ETF
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Here are 7 ETFs You Need to Know for Monday.
A day after pulling back, health care related ETFs rallied on Friday. The Health Care Select Sector SPDRS ETF
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Looking for oversold ETFs above the 200-day moving average? The best bets for traders in the short-term are in the bond market, with ETFs like the iShares iBoxx Investment Grade Corporate Bond Fund ETF
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PowerRating).
A gain of nearly 2% on Friday helped drive the Direxion Daily Financial Bull 3x Shares ETF
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PowerRating) back into overbought territory above the 200-day.
Overbought below its 200-day moving average is the ELEMENTS/Rogers International Commodity Index – Agriculture Total Return ETN
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PowerRating).
Meanwhile, rallying from its lowest levels in more than a year was the PowerShares DB U.S. Dollar Index Bullish Fund
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PowerRating). UUP was up nearly 1% on Friday.
Off by more than 3% intraday on Friday was the United States Natural Gas Fund
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PowerRating), which has essentially been range-bound since mid-September.