Friday, May 21st ETF Movers: EWP, PALL, TAN, XLES, VXX
May 21st, 2010
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”
In trading on Friday, the iShares MSCI Spain Index Fund (EWP) is outperforming other ETFs, up about 5.6% on the day. Also up for the day are the ETFS Physical Palladium Shares (PALL) up 3.6%, the Claymore/MAC Global Solar Energy Index ETF (TAN) up 3.5% and the S&P SmallCap Energy Portfolio ETF (XLES) up 2.6%. And underperforming other ETFs today is the iPath S&P 500 VIX Short-Term Futures ETN (VXX), down about 2.2% in Friday afternoon trading.
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