Buyers returned to the energy patch on the final trading day of the week. Up more than 3% on the day was the ^ERX^, while the ^XLE^ closed higher for a second day in a row.
Closing lower again on Friday was the ^UUP^, which closed in oversold territory above the 200-day moving average.
Here are 7 ETFs You need to Know for Monday.
One of the biggest ETF PowerRatings upgrades on Friday was the three-point increases the ^IBB^. IBB climbed from 5 to 8 late in the trading day on Friday.
Among leveraged ETFs, the biggest PowerRatings upgrades were found in the ^UCO^ and the ^TYP^.
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Beginning and ending the day with a “consider buying” ETF PowerRating of 8 was the ^URR^.
The most oversold exchange-traded funds in our database ahead of Monday’s open? After the PowerShares DB U.S. Dollar Index Bullish Fund, the next in line is the ^OIL^.
The highest rated non-leveraged ETF? The ^PFF^.
Note that leveraged gold ETFs that have held some of our lower PowerRatings actually earned downgrades to our lowest rating on Friday. These funds include the ^UGL^.