TradingMarkets 7 ETFs You Need to Know for Thursday
Traders and investors piled into ETFs, driving both sector and country ETFs back into overbought territory below the 200-day moving average. The iShares MSCI Emerging Markets ETF
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Here are 7 ETFs You Need to Know for Thursday.
Soaring by more than 10% intraday on Wednesday was the Direxion Financial Bull 3x Shares ETF
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Regional banking ETFs also rebounded on Wednesday, becoming more overbought below the 200-day moving average. Among the more widely traded regional banking ETFs advancing were the Regional Bank HOLDRs
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The industrial sector was also a major contributor to the strength seen in the markets in Wednesday’s trading. Up more than 6% and at its highest closing levels in nearly three months was the ProShares Ultra Industrials ETF
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A short term oversold bounce in precious metals ETFs sent both the iShares Silver Trust ETF
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Energy ETFs were also moving higher in advance of the earnings announcement on Thursday from Exxon Mobil
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PowerRating). The ProShares Ultra Oil & Gas ETF
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