TradingMarkets 7 ETFs You Need to Know for Thursday
TradingMarkets 7 ETFs You Need to Know for Thursday
The sharp sell-off in stocks on Wednesday made for new highs in short and leveraged short ETFs. Sectors that were particularly hard hit included consumer discretionary, energy and financial.
Here are 7 ETFs You Need to Know for Thursday
Up more than 9% late in trading on Wednesday, the ProShares UltraShort S&P 500 Index ETF, SDS
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The Select Consumer Discretionary SPDRS, XLY
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In an interview on Bloomberg TV, famed investor Mario Gabelli suggested that he was “not averse” to investing in China and India. Traders can get expsoure to these markets through ETFs like the iShares FTSE/Xinhua 25 index ETF, FXI
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Rallying more than 3% late in trading on Wednesday, the CurrencyShares Japanese Yen Trust, FXY
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The ProShares UltraSemiconductors ETF, SSG
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Down more than 5%, the decline in the Regional Bank HOLDRS, RKH
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PowerRating), is indicative of the trouble regional banks are experiencing around the country.
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