Shell's News And Reviews 1: Financial ETFs: an up day for some

Thursday, September 18, 2008

Financial ETFs: an up day for some

Here are some financial ETFs that went up considerably today, most of them regional banks. One month ago in the early 20s of August, they reached lows that some say are the opportunity of a lifetime. Caveat emptor: Jim Cramer said not to buy any stocks yet, but to use rallies like today as a selling opportunity. But he also said that many profitable companies have been unfairly "beaten up" -- it's up to you.

			Today 8/18/08	1 mth
			%	%
PowerShares Dynamic Banking	PJB	PowerShares ETF Trust	19.66	22.66
KBW Regional Banking ETF	KRE	Spdr Series Trust	17.17	31.18
iShares Dow Jones US Regional Banks	IAT	iShares Funds	13.18	24.33
KBW Bank ETF	KBE	Spdr Series Trust	12.67	17.63
Regional Bank HOLDRs	RKH	Merrill Lynch	9.98	16.03

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