Best stocks to invest in – Oil & Inverse Dow Jones: 2 ETFs Trading with Outsized Volume



Best stocks to invest in

In the last trading session, U.S. stocks were in the red. The plunge in oil prices, economic issues in China as well as somber U.S. retail sales data spoilt investors’ mood. Among the top ETFs, investors saw SPY lose 2.2%, DIA shed over 2.3% and QQQ move down by 3.1% on the day.

Two more specialized ETFs are worth noting in particular though as both saw trading volume that was far outside of normal. In fact, in the most recent trading session, both these funds experienced volume levels that were more than double their average. This could make these ETFs ones to watch out for in the days ahead to see if this trend of extra interest continues:

DBO: Volume 3.19 times average

This WTI crude oil futures ETF was in focus on Friday as roughly 2.27 million shares moved hands compared to an average of roughly 710,610 shares. We also saw some stock price movement as DBO lost over 4.7%.

The movement can largely be blamed to the apprehension of a further slide in oil prices given the fact that Western ban on Iran is lifted. Possibilities of more supplies in the market along with global growth worries renewed fears in oil investing. In the last one-month period, DBO was down 19.7%.

DXD: Volume 3.03 times average


This ETF having double the negative focus on the inverse of the daily performance of the Dow Jones Industrial Average Index was under the microscope on Friday as nearly 4.2 million shares moved hands. This compares to an average trading volume of 1.39 million shares and came as DXD gained 4.8% in the session.

The move was largely the result of the latest bloodbath in the equity market which brightened the appeal for the inverse leveraged ETFs like DXD. In the last one-month period, DXD was up about 21.9%.

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PWRSH-DB OIL FD (DBO): ETF Research Reports
 
PRO-ULSH DOW30 (DXD): ETF Research Reports
 
SPDR-SP 500 TR (SPY): ETF Research Reports
 
SPDR-DJ IND AVG (DIA): ETF Research Reports
 
NASDAQ-100 SHRS (QQQ): ETF Research Reports
 
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