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TODAY'S ETF OUTLOOK
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David Penn
Financials continue to be the diet of traders looking for more upside exposure on Thursday. As such the ProShares Ultra Financial ETF, which was up nearly 4% on Thursday, is back into overbought territory above the 200-day moving average. (more)
 David Penn
Country ETFs rallied on Wednesday, along with health care and energy. The surge higher was reflected in other widely-traded ETFs such as the United States Oil Fund, which gained more than 3%. (more)
David Penn
Financials were the ETF sector leaders of the day with such widely traded funds as the Financial Select Sector SPDR ETF, up 2% late in trading. Also gaining more than 5% intraday were shares of the Direxion Daily Financial Bull 3x Shares ETF. (more)
David Penn
Financials and energies led the market in terms of declines, while health care ETFs were a rare source of strength. The Japanese yen continued to gain against the U.S. dollar. As such, the CurrencyShares Japanese Yen Trust ETF closed at its highest levels in more than 17 days on Monday. (more)
David Penn
The deepest pullbacks among ETFs at week's end were in the energy and materials sectors. Among those pulling back were ETFs like the Vanguard Energy ETF and the ProShares Ultra Basic Materials ETF. (more)
David Penn
Financials again appeared to be the favorite destination for traders and investors on Thursday. The iShares Dow Jones U.S. Financial Services Index ETF gained nearly 1% intraday while the the Retail Bank HOLDRS ETF climbed by more than 1.5% late in trading. (more)
David Penn
The bid was back under financials on Wednesday as oversold conditions have drawn buyers back into the market. Up well over 4% intraday but falling off its highs late in the session was the Direxion Daily Financial Bull 3x Shares ETF. (more)
David Penn
Profit-taking in earnest finally arrived to the financials. As a result, financial ETFs like the ProShares Ultra Financials ETF, UYG, and the Financial Select Sector SPDR ETF, XLF, pulled back into oversold territory above their 200-day. (more)
David Penn
Sellers remained persistent in the technology sector, causing the ProShares Ultra QQQ ETF to close lower for a fourth trading day in a row. Meanwhile, health care ETFs like the Health Care Select Sector SPDR ETF were among those rebounding on Monday. (more)
David Penn
Buyers continue to be obsessed with everything financial on Friday. As a result, the SPDR KBW Regional Banking ETF gained more than 7% intraday, while leveraged financial ETFs were up even more impressively with the Direxion Daily Financial Bull 3x Shares ETF gaining 11% intraday. (more)
David Penn
Some of the deepest pullbacks in ETFs by sector continue to be in the health care and consumer staples areas. Exchange-traded funds representing these stocks include the Vanguard Health Care ETF and the Consumer Staples Select Sector SPDR ETF. (more)
David Penn
Sellers were out in force on Wednesday, unloading shares of everything from technology to health care to basic materials. As such, the SPDR S&P Biotechnology ETF and the ProShares Ultra Semiconductor ETF are among the efts dipping into oversold territory. (more)
David Penn
Joining the pullback in bond ETFs, both the SPDR Barclays Capital High Yield Bond ETF, JNK, and the iShares iBoxx High Yield Corporate Bond ETF, HYG, slid closer toward oversold territory above their respective 200-day moving averages in trading on Tuesday. (more)
David Penn
Most sectors rallied higher on Monday. Among the bigger percentage performers were leveraged ETFs like the ProShares Ultra S&P 500 ETF and the Rydex 2x S&P 500 ETF, both of which were up more than 3% intraday. (more)
David Penn
Friday's market saw pullbacks in health care and continued gains in materials and energy ETFs. Precious metals ETFs also soared with the iShares Silver Trust ETF gaining more than 3% intraday. (more)
David Penn
Rallying to its highest levels since early May, the ProShares Ultra Financials ETF crossed above its 200-day moving average on Thursday. Also soaring was the SPDR Homebuilders ETF, which closed higher for a seventh consecutive trading day. (more)
David Penn
ETFs linked to oil and gas markets, as well as, country ETFs came under strong selling on the day. ETFs such as the United States Oil Fund fell by more than 6% intraday, while the iShares MSCI Brazil Index ETF lost more than 2%. (more)
David Penn
Commodity-related ETFs such as the SPDR Gold Trust ETF, GLD, and the Oil Service HOLDRS ETF, OIH, continued to pull back above their 200-day moving averages. Meanwhile, sellers were dominant in energy ETFs, many of which only recently crossed above their 200-day moving averages. (more)
David Penn
ETFs linked specifically to semiconductors remained in high demand, with both the ProShares Ultra Semiconductor ETF, USD, and the Semiconductor HOLDRS ETF, SMH, continuing to close positively for a fourth day in a row above the 200-day. (more)
David Penn
Pressing higher for a second day were health care ETFs such as the iShares Dow Jones U.S. Health Care Index ETF and the Health Care Select Sector SPDR ETF. (more)
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