Last week was a forgettable one for U.S. stocks as the S&P 500 sank 1.5 percent for the week. The Dow Jones Industrial Average is on a seven-day losing skid, its worst such streak in four years, while the Nasdaq Composite lost about 1.8 percent for the week.
In the world of exchange traded funds, nearly 60 ETFs hit 52-week lows on Friday and more than half of those funds actually hit all-time lows. That compares with just two ETFs hitting all-time highs and merely three entering the 52-week high club.
With an eye toward the week ahead, identifying ETFs that traders should closely monitor is not difficult, but this group does include plenty of funds that finished last week looking vulnerable to additional downside.
Starting with some industry ETFs that could be the objects of bearish desires, there is biotech. The iShares Nasdaq Biotechnology ETF (NASDAQ: IBB), the largest biotech ETF by assets, lost almost four percent last week and ...
/www.benzinga.com/general/biotech/15/08/5749173/this-weeks-etfs-to-watch-a-lot-of-familiar-faces alt=This Week's ETF's To Watch: A Lot Of Familiar Faces>Full story available on Benzinga.com
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