Tuesday, May 25th ETF Movers: VXX, PSAU, RSX, EWY, XLES
May 25th, 2010
In trading on Tuesday, the iPath S&P 500 VIX Short-Term Futures ETN (VXX) is outperforming other ETFs, up about 4.4% on the day. Also up for the day is the Global Gold and Precious Metals Portfolio ETF (PSAU) up 2%.
And underperforming other ETFs today is the Market Vectors Russia ETF (RSX), off about 3.2% in Tuesday afternoon trading. Also down on the day are the iShares MSCI South Korea Index Fund (EWY) down 3% and the S&P SmallCap Energy Portfolio ETF (XLES) down 2.7%.
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"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
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