TradingMarkets 7 ETFs You Need to Know for Monday
Financials were the big leaders to the upside on Friday, while markets in countries like Brazil and China also made impressive gains.
Here are 7 ETFs You Need to Know for Monday.
Financial stocks were early leaders on Friday as negative employment news was seen as making passage of the President’s stimulus plan more likely. Banks were the biggest beneficiaries of the group, providing for gains in banking exchange-traded funds like KBW Regional Banking SPDRS ETF, KRE
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Continuing to advance were technology shares. Microsoft
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Conversely, the ProShares UltraShort Technology ETF, REW
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Up more than 4% on Friday was the iShares MSCI Emerging Markets Index ETF, EEM
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Pulling back from overbought extremes below the 200-day moving average on Friday was the ProShares UltraShort Real Estate ETF, SRS
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Gaining more than 15% intraday, the Direxion Emerging Markets Bull 3x Shares ETF, EDC
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PowerShares DB Agriculture Double Short ETN, AGA
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