Sell on the Pop Prospects: September 15 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 premium content, sign up for a free 14-day trial to Pro.25 ETFs made it to the list of sell on the pop prospects this month. The U.S. market closed mix at the end of the last month amid inflation fears, rising delta variant as well as increasing energy and airlines stocks.iShares Global Clean Energy ETF (ICLN A-) topped the list of sell on the pop prospects. ETFs focusing on the environment are gaining a lot of momentum driven by a growing demand for clean energy and rising climate change concerns.Biotechnology ETFs like SPDR S&P Biotech ETF (XBI B-) and Direxion Daily S&P Biotech Bull 3x Shares (LABU ) featured on the sell on the pop prospects’ list. The biotech sector is poised to gain on growing drug demand for treating diseases. Compare and contrast the two biotech bond ETFs using our ETF Comparison tool.Several precious metals ETFs like PureFunds ISE Junior Silver ETF (SILJ C), 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 both silver and gold gained in the last month driven by the favorable economic environment.Many emerging market ETFs such as iShares Core MSCI Emerging Markets ETF (IEMG A), iShares MSCI Emerging Markets ETF (EEM A-) and Schwab Emerging Markets Equity ETF (SCHE A) were the sell on the pop contenders this month, as emerging markets’ performance improved from increasing vaccination drives.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 as the investors eye the stock market after other investment options like real estate and cryptocurrencies came under tight government check.To compare this month’s list with the one published on August 18, 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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