Notable ETF Movers of the Day 11/08: (VXX) (FXE) (RKH) Higher; (TAN) (IYR) (EWJ) Lower

Gainers

• iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 1.03 percent to $43.26. The CBOE VIX is about 2 percent better Tuesday, as markets shift focus to the Italian government and potential exit of Prime Minister Silvio Berlusconi. Overall, U.S. markets are slightly lower on the session.
  
  
• CurrencyShares Euro Trust (NYSE: FXE) up 0.06 percent to $137.35. The rise of the euro versus the dollar might signal cautious optimism in Europe ahead of the Italian confidence vote. The EUR/USD is up about 0.15 percent to €1.3790.
  
  
• Regional Bank HOLDRS (NYSE: RKH) up 0.49 percent to $70.14. The ETF is being led by Wells Fargo (NYSE: WFC) Tuesday. Wells filed its 10-Q with the U.S. SEC ahead of the bell, giving investors a better looking into quarterly results and events.

Receders

• Guggenheim Solar (NYSE: TAN) down 4.41 percent to $3.36. GT Advanced Technologies Inc. (Nasdaq: GTAT) is putting pressure on the ETF today, following second-quarter results. Though GT reported earnings and revenue above expectations, the company lowered it's fiscal 2012 revenue outlook from a range of $1.0 to $1.1 billion down to $950 million to $1.05 billion, and EPS from $1.50 to $1.80 down to $1.45 to $1.65.
  
  
• iShares Dow Jones US Real Estate (NYSE: IYR) down 1.13 percent to $56.14. The sector seeing pressure from Sotheby's (NYSE: BID), which reported a wider than expected third-quarter loss of 44 cents per share yesterday, and revenue of $58.2 million missing views calling for $77.1 million. Though not carried in the ETF, Sotheby's is down over 7 percent Tuesday.
  
  
• iShares MSCI Japan Index (NYSE: EWJ) down 1.38 percent to $9.31. Though not the primary driver, stocks in Japan are seeing a little extra pressure following the scandal at Olympus, which saw the company pay inflated fees to advisors in M&A deals to cover securities losses realized in the 1990s. The Nikkei ended about 1.3 percent lower to 8,655.51.

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