TradingMarkets 7 ETFs You Need to Know for Tuesday
Energy ETFs remain among the most oversold – but are they the first choice for high probability ETF traders? Find out which ETFs are the best for high probability ETF trading in this ETF trading lesson from Larry Connors, author of the book, High Probability ETF Trading.
Selecting the Best ETFs to Trade Each Day
Here are 7 ETFs You Need to Know for Tuesday.
Pullbacks in country ETFs in Asia, such as the iShares MSCI Hong Kong Index ETF
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Up nearly 4% intraday on Monday was the ProShares UltraShort Dow 30 ETF
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The dramatic sell-off in energy ETFs sent a number of widely-traded funds below their 200-day moving averages. Down more than 4% were both the Vanguard Energy ETF
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Conversely, the ProShares Ultra Short Oil & Gas ETF
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Topping at the beginning of June, the correction in the Canadian dollar accelerated on Monday losing more than 1.5% intraday. The value of the Canadian dollar has shown positive correlation with oil prices for the past few years. ETF traders and investors can get exposure to the Canadian dollar through ETFs like the CurrencyShares Canadian Dollar Trust
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