Monday, July 12th ETF Movers: (KME, WMH, SLX, GDXJ)
July 12th, 2010
In trading on Monday, the SPDR KBW Mortgage Finance ETF (KME) is outperforming other ETFs, up about 5.07% on the day. Also up on the day is the Merrill Wireless Hldrs 40 (WMH) which is up 2.9%.
And underperforming other ETFs today is the Market Vectors Steel ETF (SLX), off about 3.26% in Monday afternoon trading. Also down on the day is the Market Vectors Junior Gold Miners ETF (GDXJ) which is down 1.57%.
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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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