On the final trading day of 2009, financials were the upside beneficiaries of what little trading there was. Rallying from short term oversold conditions above the 200-day moving average at week’s end were the ProShares Ultra Financials ETF, UYG and the Vanguard Financial ETF, VFH.
TradingMarkets 7 ETFs You Need to Know for Wednesday
As the shortened trading week exits the midway point, the iShares iBoxx Investment Grad Corporate Bond ETF, LQD continued its push into oversold territory. See which other funds made Wednesday’s list of 7 ETFs you need to know.
