Notable ETF Movers of the Day 03/06: (USO) (VXX) (UNG) Higher; (SPY) (GLD) Lower

• PowerShares DB USD Index Bullis (NYSE: UUP) up 0.54 percent to $22.21. The U.S. dollar is making some strong gains Tuesday as uneasiness about Greece and a slide in European Union GDP for the fourth-quarter are causing some investors to park it in the safe haven currency for now.
  
  The euro is about 0.7 percent lower to $1.3124.
  
  
• iPath S&P 500 VIX Short Term Fund (NYSE: VXX) up 5.91 percent to $25.62. The CBOE VIX is about 13.4 percent higher today as investors scramble to exit positions on contagion fears in Europe. Greece is at risk of not being able to receive a €130 billion bailout fund should creditors not agree to a debt swap which could see a 53 percent reduction of their debt holdings. Should no deal happen, some analysts are expecting a potential fallout to Italy, Spain, and others which might end up costing some €1 trillion when all is said and done.
  
  
• United States Natural Gas Fund (NYSE: UNG) up 0.15 percent to $18.75. Nat gas seeing a relief rally following a 5 percent dip Monday on continued warm weather expectations for much of the U.S. through the end of March. April contracts are $.012 higher to $2.367 per mmBtu on the Comex.

• SPDR S&P 500 (NYSE: SPY) down 1.42 percent to $134.81. The S&P 500, et al, is lower as investors are doing some profit-taking and money-shifting to safer havens following last week's rally. Both the S&P 500 and Nasdaq are leading the larger indices lower, down about 1.5 percent each Tuesday.
  
  
• SPDR Gold Trust (NYSE: GLD) down 1.98 percent to $162.37. Gold is seeing some pullback on the stronger dollar today, as an increase in the currency makes gold contracts more expensive. April contracts are $35.0 lower to $1,668.9 per ounce on the Comex.

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