Notable ETF Movers of the Day 08/17: (USO) (EWA) (XLF) Higher; (TAN) (VXX) (UUP) Lower

FREE Breaking News Alerts from StreetInsider.com!

Overall Analyst Rating:
NEUTRAL (= Flat)

Gainers

United States Oil (NYSE: USO) up 1.24 percent to $34.25. Crude higher today despite data showing a surprise 4.23 million barrel rise in inventories, as retail earnings from giants Target (NYSE: TGT) and Staples (Nasdaq: SPLS), which both posted better-than-expected results. The numbers indicate U.S. consumers may be more comfortable making purchases, and stagnant economic growth in the U.S. may be on the sidelines, if at least temporarily.
iShares MSCI Australia Index (NYSE: EWA) up 2.36 percent to $23.87. Australian shares are rising on positive earnings reports. Australia's largest office property owner and operator, Dexus Property Group, reported profit for its full year improved more than 17 times the previous year.
Financial Select Sector SPDR (NYSE: XLF) up 1.20 percent to $13.09. Being led by JPMorgan Chase & Co. (NYSE: JPM), which received an upgrade at Atlantic Equities from Neutral to Overweight. JPMorgan shares are up 2.1 percent on the session.

Receders

Guggenheim Solar (NYSE: TAN) down 1.56 percent to $5.68. Led lower by First Solar, Inc. (Nasdaq: FSLR), today, which was removed from Goldman Sachs' Conviction Buy List, and its price target chopped from $175 to $150. First Solar has been hovering around 5 percent lower on the session Wednesday.
iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 0.27 percent to $32.78. The CBOE VIX is lower on the session as markets react to positive earnings from retailers, signalling the consumers may have opened up their wallets a bit.
PowerShares DB US Dollar Index Bullish (NYSE: UUP) down 0.29 percent to $20.95. The U.S. dollar is slipping today, as investors opt for more risk in the markets and are also looking for better returns on currencies that could provide more upside following stronger production numbers today.