Thursday was a day of decline for U.S. markets, as the financial and energy sectors saw particularly aggressive selling action ProShares Ultra Financials ETF, UYG slid nearly 1% on the day.
Energies, financials, and commodities attracted buyers in big numbers on Wednesday, sparking a nearly 2% gain in the ProShares Ultra Oil & Gas ETF, DIG.
Here are the most overbought and oversold ETFs for Wednesday’s trading, including the iShares Barclays 7-10 Treasury Bond Fund, IEF.
On Wednesday, exchange-traded funds in both the technology and telecommunications sectors are earning high ETF PowerRatings. See which tech and telecom funds made our list.