Notable ETF Movers 3/19: UUP, VXX, THD Up; XLE, USO, TAN, SMH Down

FREE Breaking News Alerts from StreetInsider.com!

March 19, 2010 12:15 PM EDT

Notable ETF Movers of the Day :

Gainers

PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.81% to $23.74. Seeing upside from uncertainty in Europe as tensions between Germany and Greece rise, and Greece may need to talk to the IMF for assistance.
iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 2.22% to $22.57. The CBOE VIX is seeing some upside today after hitting low after low. Also options are expiring.
iShares MSCI Thailand Invest Mkt Index (NYSE: THD) up 1.57% to $46.70. Shares are up though the country appears to be dividend at election time. Exports from Thailand rose 23..2% to $14.4 billion Y/Y for February 2010. Additionally, the baht made its sixth consecutive weekly advance.

Receders

Energy Select Sector SPDR (NYSE: XLE) down 2.02% to $56.80. As oil is down today, energy stocks are continuing a downward slide. In the spotlight is Nexen, Inc. (NYSE: NXY) which announced a discovery in the Gulf of Mexico today.
United States Oil (NYSE: USO) down 2.25% to $39.02. The dollar is "strong-like-bull" today, and putting some pressure in on oil prices. Some believe that today, due to no real new economic news, is a good day for sellers to capitalize on gains.
Claymore/MAC Global Solar Energy (NYSE: TAN) down 2.43% to $8.03. Initially triggered by Trina Solar (NYSE: TSL) announcing a 7.9 million common share follow-on order, now sees some weakness with SunPower (Nasdaq; SPWRA) as the company reported earnings that were off what the Street expected, and alluded to some accounting problems.
Semiconductor HOLDRs (NYSE: SMH) down 1.94% to $27.31. Shares in the semi's are showing some weakness today, along with the broader market as the Philadelphia Semiconductor Index is also down about 1.9% today, with nothing really leading the charge back up.

Standard & Poor's, Dividend

Sign up for StreetInsider Free!

Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!