The big winners for the month of November included telecommunications stocks. Health care stocks pulled back as traders and investors began to move from safer areas into more risky ones. The S&P 500 and Dow industrials have closed higher for five days in a row.
Here are 7 ETFs You Need to Know for Monday.
On Wednesday, we pointed out one exchange-traded fund for traders and investors looking for exposure to the telecommunications sector. Today, we will add two more ETFs in this category:. One is the iShares Dow Jones U.S. Telecommunications sector ETF, IYZ ( IYZ | Quote | Chart | News | PowerRating), which includes AT&T ( T | Quote | Chart | News | PowerRating) and Verizon Communications ( VZ | Quote | Chart | News | PowerRating) among its top holdings. Another telecommunications exchange-traded fund that traders might want to consider is the PowerShares Telecommunications ETF, PRFQ ( PRFQ | Quote | Chart | News | PowerRating) - though PRFQ provides broader tech exposure - including smaller holdings in Cisco Systems ( CSCO | Quote | Chart | News | PowerRating) and IBM ( IBM | Quote | Chart | News | PowerRating).
An increasing appetite for risk over the course of November led many investors out of health care stocks. This has created a potential opportunity for traders in a number of health care related ETFs. These include the largest health care ETF by net assets - the SPDRS Health Care Sector ETF, XLV ( XLV | Quote | Chart | News | PowerRating), as well as specialty health care exchange-traded funds such as the iShares Dow Jones Medical Devices ETF, IHI ( IHI | Quote | Chart | News | PowerRating).
The day after an emergency shut-down of the Indian stock market following the terrorist attacks this week, the India Fund , IFN ( IFN | Quote | Chart | News | PowerRating) was down on Friday after being up for three out of the past four days.
Also lower on Friday after advancing for three out of the past four trading sessions was the SPDR Select Energy Sector ETF, XLE ( XLE | Quote | Chart | News | PowerRating). XLE had been increasingly overbought heading into trading on Friday.
And with Black Friday today and Cyber Monday around the corner, investors and traders will be focused on retail stocks. Many of the top retailers from Target ( TGT | Quote | Chart | News | PowerRating) to Amazon.com ( AMZN | Quote | Chart | News | PowerRating) can be found in consumer cyclical ETFs like the Vanguard Consumer Discretionary Vipers ETF, VCR ( VCR | Quote | Chart | News | PowerRating).
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