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Notable ETF Movers of the Day 07/28: (XRT) (USO) (SPY) Higher; (VXX) (GLD) (UNG) Lower

July 28, 2011 12:26 PM EDT
Gainers


  • SPDR S&P Retail (NYSE: XRT) up 1.33 percent to $53.99. The ETF is being led today by JCPennery (NYSE: JCP), which received an upgrade from Fairly Valued to Buy at CRT Capital. The move is countering some weakness from O'Reilly Automotive (Nasdaq: ORLY), which is lower today following it's second-quarter earnings release.

  • United States Oil (NYSE: USO) up 0.13 percent to $38.02. Crude might be making a move higher on lower-than-expected jobless numbers, as well as Tropical Storm Don in the Gulf of Mexico. Traders and investors are still keeping the debt ceiling in their scopes, despite the data. WTI September contracts are up $0.07 to $97.47 per barrel.

  • SPDR S&P 500 (NYSE: SPY) up 0.83 percent to $131.66. Markets reversing trend today as many are putting debt concerns on the back burner today in favor of economic data. S&P is coming off of three straight losing sessions on the week.
Receders
  • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 1.93 percent to $22.85. The CBOE VIX is 6.8 percent lower on the session as traders and investors get back into the markets today on economic data.

  • SPDR Gold Shares (NYSE: GLD) down 0.14 percent to $156.99. Gold strengthening heading into the afternoon session today, but still lower as investors prefer a little more risk. Gold may fall further as the U.S. solidifies debt talks. After reaching record highs recently, gold is down $3.1 to $1,612 per ounce on the session.

  • United States Natural Gas (NYSE: UNG) down 2.10 percent to $10.70. Natural gas supplies increased 43 billion cubic feet last week, more than the 38 to 42 bcf expected on the Street. Despite the gains, inventories are still 2.3 percent below the five-year average, and 6.9 lower than last years level over the same time period.


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