TradingMarkets 7 ETFs You Need to Know for Wednesday

TradingMarkets 7 ETFs You Need to Know for Wednesday

A late rally that brought the markets briefly into the green was erased in the final hours of trading on Tuesday. Inverse and short funds extended their gains, while energy and emerging markets related ETFs were among those funds moving lower.

Here are 7 ETFs You Need to Know for Wednesday

Pension funds are increasingly looking to invest in agricultural commodities. One way for retail traders and investors to get involved in this sector is through the PowerShares DB Agriculture Fund, DBA
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In an interview on Bloomberg TV, BlackRock senior fund manager Kevin Rendino, suggested that pharmaceuticals were among the more attrractive sectors for investors right now. Among the more widely-traded exchange-traded funds providing access to the drug industry are the Pharmaceutical HOLDRS, PPH
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, and the Select Pharmaceutical Sector SPDRS, XPH
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Continued weakness in the Dow industrials led the ProShares UltraShort Dow 30 ETF, DXD
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higher by more than 3% on Tuesday.

A Wall Street Journal article on Tuesday noted that retailers were losing their status as traditional employers of last resort during economic downturns. In addition to the Retail HOLDRS, ETF traders have also used funds such as Select Retail Sector SPDRS, XRT
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to get exposure to this sector..

Following through on Monday’s reversal, the iShares Brazil Index Fund, EWZ
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lost more than 4% late in trading on Tuesday.

According to Bloomberg, Interactive Brokers reported on Tuesday that there was particularly heavy call buying and put selling in the Select Financial Sector SPDRS, XLF
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, one of the more widely-traded exchange-traded funds.

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