TradingMarkets 7 ETFs You Need to Know for Thursday
Stocks were mixed a day after positive comments on Citigroup profitability helped encourage buyers in a variety of sectors. Advancing on Wednesday were stocks in the financial and technology sectors, while sellers remained active in health care stocks.
Here are 7 ETFs You Need to Know for Thursday.
Regional bank exchange-traded funds such as the Regional Bank HOLDRS
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Want a way to get exposure to the high yield end of the corporate bond market? One way for ETF traders and investors to access is through an exchange-traded fund like the iShares iBoxx High Yield Corporate Bond ETF
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The rally in stocks has produced major pullbacks in short and leveraged short ETFs, creating some deep corrections in funds like the ProShares UltraShort QQQ ETF
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Bouncing from oversold extremes above the 200-day moving average was the SPDR Gold Shares ETF
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Also moving higher after testing oversold conditions above the 200-day moving average was the CurrencyShares Japanese Yen Trust ETF
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Opening higher but selling off over the course of the trading day was the iShares MSCI Brazil Index ETF
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PowerRating). The ETF was down nearly 2% late in trading on Wednesday but rallied toward breakeven levels going into the close.
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