ETF Movers: Energy ETFs Higher (XLE, OIH), Financial ETFs Lower (XLF, KBE, RKH)
StreetInsider.com ETF Movers:
Energy Related ETF Higher after recent selling pressure: Energy Select Sector SPDR (AMEX: XLE) +3%, Oil Services HOLDRs (AMEX: OIH) +4%, United States Natural Gas (AMEX: UNG) +1.6%, Market Vectors Coal ETF (AMEX: KOL) +5%
Financial ETFs are lower across the board again following comments from a Merrill Lynch strategist who said the worst in financials is not over: Financial Select Sector SPDR (AMEX: XLF) down 3%, KBW Bank ETF (AMEX: KBE) down 4, KBW Regional Banking ETF (AMEX: KRE) down 4%, Regional Bank HOLDRs (AMEX: RKH) down 3.7%.
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