TradingMarkets 7 ETFs You Need to Know for Tuesday
The bankruptcy announcement from Lehman Brothers
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Lower by wide margins were emerging markets related ETFs, particularly those linked to stock markets in China and Brazil. Oil-indexed funds were down, while gold ETFs were actually higher on the day and increasingly overbought below the 200-day moving average.
Here are 7 ETFs You Need to Know for Tuesday.
The ProShares UltraShort Financials ETF, SKF
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Conversely, the ProShares Ultra Financials exchange-traded fund, UYG
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Emerging markets related ETFs were among the funds pulling back aggressively on Monday. The iShares Brazil Index Fund, EWZ
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The 400+ point rout in the Dow industrials was also a boon for short and leveraged short ETFs, including the ProShares UltraShort Dow30 ETF, DXD
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On the commodities and commodities-related ETFs front, the Oil Service HOLDRS, OIH
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