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Home » ETFs » Commentary

TradingMarkets 7 ETFs You Need To Know for Friday

By David Penn | TradingMarkets.com | January 15, 2010

Symbols: TAN, CVX, EWZ, FXI, VHT, TAO, EWH, IYH, ILF

Tags: FXI, exchange-traded funds, etf funds, etfs, David Penn, EWZ, ILF, exchange traded funds, CVX, VHT, EWH, IYH, TAO, TAN

Although U.S. equity index ETFs gained on Thursday, a number of country-based exchange-traded funds continued to move deeper into oversold territory above the 200-day moving average. Among them was the iShares MSCI Brazil Index Fund ( EWZ | Quote | Chart | News | PowerRating).

Both ETFs earned our highest rating midday through the trading day on Thursday.

The iShares S&P Latin American 40 Index Fund ( ILF | Quote | Chart | News | PowerRating) is also one of the highest rated exchange-traded funds going into the final trading day of the week. ILF also experienced one of the largest ETF PowerRatings upgrades on the day.

Isn't it time you found out what our ETF PowerRatings can do for you and your short term trading? Click here to start your free, 7-day trial today.

After closing lower for three consecutive sessions - and making our Most Oversold List Wednesday after the close - the SPDR Lehman High Yield Bond ETF ( JNK | Quote | Chart | News | PowerRating) rallied into neutral territory on Thursday.

With over 4,000 copies already sold, it's easy to see why traders are gravitating toward Larry Connors' latest book – Click Here for the softcover edition.

Original publication: January 14, 2010

>> See more articles by David Penn

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