TradingMarkets 7 ETFs You Need to Know for Monday
Financials led the markets higher on the final trading day of the week. Also gaining in advance of the Good Friday holiday were industrial and consumer discretionary ETFs.
Here are 7 ETFs You Need to Know for Monday.
Bank of America
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PowerRating) and Wells Fargo
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Even more impressive was the soaring Direxion Financial Bull 3x Shares ETF
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Among emerging markets ETFs, the race to the 200-day moving average may be nowhere more apparent than in shares of the iShares FTSE/Xinhua China 25 Index ETF
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PowerRating) which were up more than 4% late on Thursday.
Reflecting renewed strength in industrial stocks, the ProShares Ultra Industrials ETF
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A number of short ETFs continue to move lower below their 200-day moving averages. Among them are the ProShares UltraShort Consumer Services ETF
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ETFs can also be a great way to get exposure to different sort of trading strategies. For example, an ETF trader or investor looking for exposure to small cap growth stocks may consider an ETF like the iShares Russell 1000 Growth Index ETF
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PowerRating), which was up more than 4% on Thursday.
Up more than 3% and closing at levels not seen since mid-February was the iShares iBoxx High Yield Corporate Bond Index ETF
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PowerRating). It is the second consecutive higher close fo the HYG, which is now overbought below the 200-day moving average.
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