TradingMarkets 7 ETFs You Need to Know for Tuesday
Buyers stormed out of the gates early on Monday and never looked back, taking financial ETFs like the Financial Select Sector SPDR ETF
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Here are 7 ETFs You Need to Know for Tuesday.
Up nearly 5% intra-day was the Regional Bank HOLDRS ETF
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Rallying for a second day and now overbought below the 200-day moving average is the ProShares Ultra Industrials ETF
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The more impressive bounces in country ETFs on Monday came from European nations like Germany, with its iShares MSCI Germany Index ETF
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As I wrote recently in our TradingMarkets High Probability ETF Trading Report, oversold markets can provide excellent opportunities to trade to the short side – the short side of inverse ETFs that is. Down more than 3% after spending three out of the past four days in overbought territory below the 200-day moving average was the ProShares UltraShort Dow 30 ETF
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Monday’s stock rally may help create opportunities for pullbacks in bond ETFs, which were under some selling pressure on the day. Among those to watch is the Vanguard Total Bond Market ETF
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