NEW YORK ( TheStreet) -- Welcome to Don Dion's "Daily ETF Winners and Losers." Be sure to stop by each day to find out which ETFs are gaining or losing.
iPath S&P 500 VIX Short Term Futures ETN (VXX) 14.6%
The global markets have taken a hit following Friday's U.S. credit downgrade from Standard & Poor's. The fear-tracking VIX has reacted with another day of strong upward action.
With these industry-leading gains, the VXX has moved through its 200-day moving average for the first time since it began trading in early 2009. Currently, the fund is trading at levels last seen in March.SPDR Gold Shares (GLD) 3.5% The market's shaky action has sent investors fleeing towards safe haven asset classes. Gold has become a popular destination as prices rose above the $1,700 per troy ounce level. GLD and iShares Gold Trust (IAU) will be interesting to watch in the days ahead. While attractive as a short-term trade, I have long encouraged investors to view these bullion-backed options as long-term portfolio holdings. Silver is getting a lift as well. The iShares Silver Trust (SLV) is up 2.9%. iShares Barclays 20+ Year Treasury Bond Fund (TLT) 2.6% Long-term U.S. treasuries have become another popular market corner. TLT has witnessed a staggering run up as investors across the globe work to shed risk. The fund is trading at levels last seen a year ago. As TLT heads higher, the ProShares UltraShort 20+ Year Treasury ETF (TBT) is taking a shot across the bow.