Major Index ETF Leaders/Laggards
Investors dumped financial and commodity stocks in response to higher weekly unemployment claims and sovereign debt concerns.
ETF Market Leaders on Thursday
ULTRASHORT OIL & GAS (NYSE: DUG) up 1.04 or + 8.13% to close at $13.84
DUG daily volume for Thursday was 4,706,549
Three-month average daily volume is 3,703,690
ULTRASHORT RUSSELL20 (NYSE: TWM) up $1.73or + 6.65% to close at $7.73
TWM daily volume for Thursday was 8,636,707
Three-month average daily volume is 5,085,600
ULTRSHRT SP500 (NYSE: SDS) down $2.21 or +6.17% to close at $38.03
SDS daily volume for Thursday was 66,560,600
Three-month average daily volume is to the 31,748,600
ETF Market Laggards on Thursday
ENERGY SELECT (NYSE: XLE) down $2.32 or -4.10% to close at $54.23
XLE daily volume for Thursday was 37,171,279
Three-month average daily volume is to the 18,160,100
ISHARE RUS 2000 INDX (NYSE: IWM) down $2.04 or -3.34% to close at $59.04
IWM daily volume for Thursday was 99,130,956
Three-month average daily volume is to the 57,782,700
