TradingMarkets 7 ETFs You Need to Know for Wednesday
Aggressive selling in sectors across the board has created oversold conditions in a wide variety of exchange-traded funds. Short/inverse funds soared, becoming increasingly overbought and vulnerable to profit-taking in the short term.
Here are 7 ETFs You Need to Know for Wednesday.
Among the few groups moving higher on Tuesday was telecommunications, with stocks like Verizon Communications
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Soaring higher to climb above its 200-day moving average intraday on Tuesday were the Gold Shares SPDRS, GLD
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Financial stocks were leaders to the downside on Tuesday, with Bank of America
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With both Apple
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The ProShares UltraShort S&P 500 ETF, SDS
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