TradingMarkets 7 ETFs You Need to Know for Thursday

Buyers aggressively bid financials higher on Wednesday, sending leveraged ETFs like the ^UYG^ and the ^FAS^ soaring by more than 5% and 7% respectively.

Also impressive were the gains in technology. Up by more than 1% and at a new short term high on Wednesday was the ^XLK^.

Here are 7 ETFs You Need to Know for Thursday

Among the exchange-traded funds taking top ETF PowerRatings into trading on Thursday are two from the health care arena: the ^PPH^ and the ^XLV^.

The strength in both financial and technology sectors has helped make the ^FAZ^ and the ^TYP^ among our highest rated leveraged ETFs heading into trading on Thursday.

Find out more about what ETF PowerRatings can do for you and your trading. Click here to launch your free, 7-day trial to our ETF PowerRatings today.

The most oversold ETF in our database ahead of Thursday’s trading? Among the top three for Thursday’s trading is the ^MOO^, which has closed in oversold territory for two consecutive trading days.

Short currency ETFs also earned PowerRatings upgrades in Wednesday’s trading. Both the ^EUO^ and the ^YCS^ will be among the higher rated leveraged ETFs for Thursday.

Get the best ETF setups before Wall Street – click here.