TradingMarkets 7 ETFs You Need to Know for Wednesday

Stocks moved into positive territory early, lost those gains after midday, but rallied into the close on Tuesday. Lagging sectors included financials, and emerging markets stocks continued to struggle. Energy stocks largely managed to maintain early advances.

Here are 7 ETFs You Need to Know for Wednesday.

Weighing on the markets all day Tuesday was the poor performance of the financial sector. The SPDRs Select Sector Financial ETF, XLF
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made a new, 7-day low below the 200-day moving average. Conversely, the ProShares UltraShort Financials ETF, SKF
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was at 7-day highs above the 200-day moving average, gaining more than 7% on the day.

The November NAHB Homebuilder Index fell to lowest levels on record for single-family homes. Traders can get exposure to the homebuilding industry through the SPDR S&P Homebuilders ETF, XHB
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. XHB was down less than 3% on Tuesday.

Moving higher for a third day in a row was the ProShares UltraShort S&P 500 exchange-traded fund, SDS
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. SDS provides 2-to-1 inverse exposure to the S&P 500 Index and is used both for trading and for hedging.

More retail earnings on Wednesday means the potential for increased trading in the iShares Dow Jones U.S. Consumer Cyclicals ETF, IYC
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which was down for a third time on Tuesday.

Up modestly on Monday, the iShares Brazil Index fund ETF, EWZ
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lost more than 4% late in trading on Tuesday. Also down on Tuesday after a positive Monday was the iShares Dow Jones U.S. Real Estate Index ETF, IYR
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.

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