Mixed Bag In ETFs

By | TradingMarkets.com | April 17, 2001 12:00 AM
Symbols: BBH, XLK, IYH, IIH

It was a mixed bag for the
exchange-traded funds Tuesday with tech and defensives both posting gains. It's
the kind of action consistent with a bottoming process, not a momentum process.
So my intermediate-term momentum friends, keep your shirts on!


The Nasdaq 100 Tracking Stock ( QQQ | Quote | Chart | News | PowerRating)
rose 7.9%. The Technology SPDR ( XLK | Quote | Chart | News | PowerRating) 7.0%.




The Internet Infrastructure HOLDR ( IIH | Quote | Chart | News | PowerRating)
rose 4.2%. the Biotech HOLDR ( BBH | Quote | Chart | News | PowerRating) 3.9%, the Dow Jones Healthcare iShares ( IYH | Quote | Chart | News | PowerRating)
3.2%, the Pharmaceutical HOLDR ( PPH | Quote | Chart | News | PowerRating) 2.9%.







Talk
about it at TradingMarkets World


Original publication: April 17, 2001
>> See more articles by

How to Successfully Trade ETFs

Do you want to learn how to trade more successfully, more consistently ... and with more confidence? If so, then the TPS strategy is for you.

Hundreds, if not now thousands, of ETF traders successfully use the TPS trading strategy to find the best ETF trade set-ups each day to place winning trades.

FREE NEWSLETTERS

What Stocks and ETFs are headed up and down this week?

Our Weekly Newsletter covers this in dept and gives performance information on the previous week.

TradingMarkets Weekly Newsletter

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Tuesday February 21 01:00 PM
Trade with a Scientific Approach
Presented By Phil Suarez
Thursday February 23 12:30 PM
Hear What Kevin Haggerty Sees in the Stock Market Today!
Presented By Kevin Haggerty
* Attendance is strictly limited and seats are filled on a first-come, first-served basis.