TradingMarkets 7 ETFs You Need to Know for Wednesday
Equity index exchange-traded funds (ETFs) and country funds alike pulled back into neutral territory from their overbought highs, with the PowerShares QQQ Trust ETF
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Financials, including the ProShares Ultra Financials ETF
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Here are 7 ETFs You Need to Know for Wednesday.
Health care ETFs rallied to new highs on Tuesday, with funds like the iShares Dow Jones Healthcare Sector Index Fund ETF
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Among the country ETFs with the highest ETF PowerRatings are the 8-rated iShares MSCI Australia Index Fund ETF
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PowerRating). EWA pulled back by more than 2% on Tuesday. EWJ dropped by more than 1%.
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Sellers aggressively took crude oil lower on Tuesday, creating a drop of more than 2% in the United States Oil Fund ETF
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Closing at its lowest levels in 11 days – and earning an ETF PowerRatings upgrade to 8 – was the SPDR S&P Retail ETF
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PowerRating). XRT tracks the S&P Retail Select Industry Index of stocks such as Macy’s
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Earning ETF PowerRatings upgrades on Tuesday was the Technology Select Sector SPDR ETF
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PowerRating). Additional selling in this fund will likely lead to even greater upgrades over the next few days.