TradingMarkets 7 ETFs You Need to Know for Tuesday
The uptrend in energy stocks continued, helping energy-rated ETFs move higher on Monday. Sectors under pressure continued to include financials and technology.
Here are 7 ETFs You Need to Know for Tuesday.
A Merrill Lynch
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PowerRating) downgrade of Dell
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Popular technology ETFs include the SPDRs Select Sector Technology ETF, XLK
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Technology stocks also are a major part of the Nasdaq 100, which can be traded using the PowerShares QQQ Trust, QQQQ
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PowerRating). Traders can hedge or sell the Nasdaq 100 short with inverse ETFs such as the PowerShares Short QQQ exchange-traded fund, PSQ
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The United States Oil Fund, USO
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Among the places where Mark Mobius of Templeton Asset Management is investing, according to an interview on Bloomberg TV, are China and Turkey. Of the two, Chinese ETFs are far more liquid and include the iShares FTSE/Xinhua China 25 Index Fund ETF, FXI
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PowerRating).
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