Notable ETF Movers of the Day 08/23: PALL, PPH, XLU Higher; UNG, VXX, USO Lower

August 23, 2010 1:53 PM EDT

Gainers

• ETFS Physical Palladium Shares (Nasdaq: PALL) up 1.30% to $48.13. Seeing a rise with the precious metal which is up nearly $7 today.
  
  
• Pharmaceutical HOLDRs (NYSE: PPH) up 0.9% to $61.43. The move could suggest investors are moving into more defense sectors as economic uncertainty persists.
  
  
• Utilities Select Sector SPDR (NYSE: XLU) up 0.8% to $30.71. Again, the move into utilities could suggest investors are moving into more defense sectors as economic uncertainty persists.

Losers

• United States Natural Gas (NYSE: UNG) down 2% to $6.81. Continue to break key technical levels as it approaches its 52-week low of $6.72. Natural gas futures are lower by $0.06 to $4.058.
  
  
• iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) 2% to $22.38. Fear continue to leave the market.
  
  
• United States Oil (NYSE: USO) 1.66% to $32.44. Crude continue to lose steam on fears of a global slowdown. Crude is below $73/bbl today.

---

Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!

Create E-mail AlertRelated Categories

ETFs
Special Reports

Stocks Mentioned

Related Entities

• Standard & Poor's
• Crude Oil
• Notable ETF Movers

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?