Five ETFs George Washington Probably Would Have Liked
After a strong close to last week–the Dow jumped by more than 150 points in the last two sessions–U.S. stock markets will have to wait until Tuesday to try to continue the positive momentum. Major exchanges are closed on Monday in observance of President’s Day, which this year falls two days before the anniversary of George Washington’s birthday. In a tribute to our first president, below we examine five ETFs that may have been appealing to the founding father [for more ETF ideas, sign up for the free ETFdb newsletter]: PowerShares DB USD Index Bullish (UUP) This ETF offers exposure to the U.S. dollar, allowing investors to bet on an increase in the greenback relative to a basket of developed market currencies. UUP is linked to an index comprised of USDX futures contracts, meaning that UUP essentially is a bet against the euro, yen, British pound, Canadian dollar, Swedish krona, [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Take Profits In A Sideways Market ETF Insider: Beware Of Earnings Volatility Coming Soon To An ETF Near You: Finland, Small Cap UK Funds From iShares September’s ETF Studs: Five Funds That Thrived During A Wild Month ETF Insider: Greece Flirts With Default
After a strong close to last week–the Dow jumped by more than 150 points in the last two sessions–U.S. stock markets will have to wait until Tuesday to try to continue the positive momentum. Major exchanges are closed on Monday in observance of President’s Day, which this year falls two days before the anniversary of George Washington’s birthday. In a tribute to our first president, below we examine five ETFs that may have been appealing to the founding father [for more ETF ideas, sign up for the free ETFdb newsletter]: PowerShares DB USD Index Bullish (UUP) This ETF offers exposure to the U.S. dollar, allowing investors to bet on an increase in the greenback relative to a basket of developed market currencies. UUP is linked to an index comprised of USDX futures contracts, meaning that UUP essentially is a bet against the euro, yen, British pound, Canadian dollar, Swedish krona, [...]
Click here to read the original article on ETFdb.com.
Related Posts:- ETF Insider: Take Profits In A Sideways Market
- ETF Insider: Beware Of Earnings Volatility
- Coming Soon To An ETF Near You: Finland, Small Cap UK Funds From iShares
- September’s ETF Studs: Five Funds That Thrived During A Wild Month
- ETF Insider: Greece Flirts With Default
