Notable ETF Movers of the Day 05/18: (USO) (XLE) (SMH) Higher; (VXX) (UUP) Lower

• United States Oil (NYSE: USO) up 2.08 percent to $39.35. Crude futures on the move today on inventory data and fires in Canada. The EIA reported that stores fell 15,000 to 370.3 million, less than the 1.7 million barrels that economists had forecast. Additionally, about 7 percent of capacity in China is being halted for scheduled maintenance, potentially pressuring supplies.
  
  
• Energy Select Sector SPDR (NYSE: XLE) up 1.58 percent to $74.39. The ETF is being led higher by Marathon Oil (NYSE: MRO) today, up nearly 3 percent, as crude is making a rebound on storage data. WTI crude June contracts are up $2.53 to $99.44 per barrel on the Comex.
  
  
• Semiconductor HOLDRs (NYSE: SMH) up 1.52 percent to $36.18. Analog Devices (NYSE: ADI) is leading the ETF higher, following strong second quarter earnings and solid third quarter outlook. Analog Devices is up 6.3 percent on the day.

• iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 1.65 percent to $23.30. The CBOE VIX near-term volatility index is 4 percent lower today, following mixed results from Dell (Nasdaq: DELL) and Staples (Nasdaq: SPLS), who are both looking to capitalize on corporate spending. Investors may also be a little bullish heading into the Fed minutes this afternoon, believing that inflating concerns may be stemming.
  
  
• PowerShares DB US Dollar Index Bullish (NYSE: UUP) down 0.14 percent to $21.57. The dollar is a little weaker against currencies ahead of Fed minutes, as investors are turning to metals and equities for a risk trade. Europe is seeing a little upside on the heels of broadening exports and increasing domestic demand, amid sovereign debt fears.

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