TradingMarkets 7 ETFs You Need to Know for Monday
Sector ETFs were a mixed bag on Friday with technology and energy ETFs advancing and sellers dominating health care and the industrials.
Here are 7 ETFs You Need to Know for Monday.
As noted in yesterday’s 7 ETFs You Need to Know for Today, technology ETFs remained in demand following earnings beats by both IBM
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Strength in crude oil helped send a number of overbought oil and oil stock ETFs even deeper into overbought territory below the 200-day. These ETFs include the United States Oil Fund
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Meanwhile, overbought conditions below the 200-day finally resulted in a reversal in the ProShares Ultra Financials ETF
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The CurrencyShares Japanese Yen Trust
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Closing higher for a sixth consecutive trading day on Friday was the PowerShares QQQ Trust ETF
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David Penn is Editor-in-Chief at TradingMarkets.com.