TradingMarkets 7 ETFs You Need to Know for Wednesday
Sector wise, health care stocks came in for some profit-taking while technology and energy helped provide the day’s modest gains. Strength in mining company Newmont Mining
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Here are 7 ETFs You Need to Know for Wednesday.
Up more than 5% intraday on Tuesday was the ProShares Ultra Basic Materials ETF
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PowerRating). Trading below its 200-day moving average, UYM has closed in overbought territory for a second consecutive session.
A number of other equity index exchange-traded funds (ETFs) closed in overbought territory below the 200-day moving average on Tuesday for a second consecutive session. These include the S&P 500 SPDRS ETF
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Barely above its 200-day moving average, the iShares MSCI Japan Index ETF
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Strength in commodity currencies like the Australian and Canadian dollars meant higher prices for both the CurrencyShares Australian Dollar Trust
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After pulling back to oversold extremes above the 200-day moving average on Monday, the iShares Silver Trust ETF
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PowerRating) rallied higher by more than 3% the following day.
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