A number of exchange-traded funds representing stock markets in India, Asia and the semiconductors have made our top ETF PowerRatings list for Tuesday. Here are three – all of which have ETF PowerRatings of 8.
Exchange-traded funds favored the overbought side of the line today as the market swung bullish following Tuesday’s sell-offs. Among the most oversold ETF funds to watch for Thursday’s trading, we highlight the iPath S&P Goldman Sachs Crude Oil Trust Index ETF, OIL.
Contrasting Tuesday’s aggressive selling action, buyers entered the market in force Wednesday pushing health care related ETFs like the Vanguard Health Care Fund, VHT, higher by trading day’s end.