Sell on the Pop Prospects: October 13 Edition

Here is a look at ETFs that currently offer attractive short selling opportunities.The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively.Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term ‘sell on the pop’ opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.To get access to all ETF Database premium content, sign up for a free 14-day trial to ETF Database Pro.Only 16 ETFs made it to the list of sell on the pop prospects this month. The U.S. market closed lower at the end of the last month amid slowing economic growth, rising inflation, China regulatory risks, and a global energy crisis. Investors brace themselves as the Fed announced its intent to curb its bond-buying program.U.S. Global Jets ETF (JETS C) was one of the sell on the pop candidates driven by rising travel demand.Many emerging market ETFs such as SPDR Portfolio Emerging Markets ETF (SPEM) and Schwab Emerging Markets Equity ETF (SCHE A) featured on the sell on the pop list on a rebound in global sentiment and a retreating dollar. Compare and contrast the two emerging market ETFs using our ETF Comparison tool.Several precious metals ETFs like Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG B-), VanEck Vectors Gold Miners ETF (GDX B+) and VanEck Vectors Junior Gold Miners ETF (GDXJ B) ranked amongst the sell on the pop candidates as prices of gold gained in the last month driven by geopolitical tension due to Afghanistan crisis and weakness in U.S. dollar.Several China-focused ETFs like iShares MSCI China ETF (MCHI A) and iShares China Large-Cap ETF (FXI A-) also made it to the list on plans of a new stock exchange, favorable government support, as well as improving institutional arrangements and regulations.To compare this month’s list with the one published on September 15, click here.ETFs to Sell on the PopPlease note that this list is updated on a monthly basis.For more ETF analysis, make sure to sign up for our free ETF newsletter.Disclosure: No positions at time of writing.

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