TradingMarkets 7 ETFs You Need to Know for Tuesday

Buyers were most aggressive in consumer cyclicals, bidding shares of consumer cyclical ETFs like the Consumer Discretionary Select Sector SPDR ETF
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higher and deeper into overbought territory above the 200-day moving average. Major moves higher also characterized country ETFs from China to Russia.

Here are 7 ETFs You Need to Know for Tuesday.

Soaring by more than 5% intraday was the Market Vectors Russia ETF
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. Also attracting major buying interest on Monday was the iShares FTSE/Xinhua China 25 ETF
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, which gained more than 3% intraday.

Inverse equity index ETFs continue to slide on Monday. Down for a seventh consecutive trading day was the ProShares UltraShort Dow 30 ETF
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. By contrast, the Dow DIAMONDS ETF
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rallied to its highest levels of the year.

High yield debt continued to be a popular destination for traders and investors, as the SPDR Barclays Capital High Yield Bond ETF
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and the iShares iBoxx USD High Yield Corporate Bond ETF
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closed higher on Monday, JNK for the fourth day in a row, HYG for the fifth.

Up nearly 3% intraday and trading near the top of a short-term range was the Direxion Daily Financial Bull 3X Shares ETF
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.

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