NEW YORK (
) -- Welcome to Don Dion's ETF Winners and Losers. Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
Market Vectors Junior Gold Miners ETF
After tumbling during Monday's market weakness, junior gold miners are staging an impressive comeback.
iShares Gold Trust
is heading higher as well. With these gains, the fund has managed to recover to its 200-day moving average. Looking to the days ahead, it will be interesting to see if this point proves to be one of resistance.
Guggenheim Solar ETF
As the markets head higher, some of the most battered industries are catching a break. For example, after six consecutive days of declines, the solar energy industry-tracking TAN is finding some footing and powering off of all-time lows.
Despite these gains, investors should continue to steer clear of TAN and other solar energy-linked ETFs.
iShares Dow Jones U.S. Oil Equipment & Services Index Fund
Oil and gas companies are gaining ground, helping IEZ recover the losses suffered during Monday's weakness. Other producer-focused ETFs heading higher include
SPDR S&P Oil & Gas Exploration & Production ETF
First Trust ISE Revere Natural Gas Index Fund
Meanwhile, choppy action is taking place within the realm of futures-linked energy ETFs. While the
United States Oil Fund
United States Gasoline Fund
witness impressive gains, the troubled
United States Natural Gas Fund
is seeing slight losses, pushing the fund to its fifth day of losses.
Market Vectors Steel ETF
The relentless barrage of concerning economic news caused the steel producer ETF to give back nearly all of the gains witnessed during its late-November run up. As investors regain confidence, however, this fund is catching a break.
Use caution here. SLX will likely face continued pressure in the event that market fears make a comeback.
iPath S&P 500 VIX Short Term Futures ETN
For a fifth day, the fear-tracking VXX is locked in negative territory. With these losses, the ETN has retreated to its October lows.
The VIX index is heading south as well. The benchmark is currently trading at levels last seen in early August. This marks the fund's fourth consecutive day trading below its 200-day moving average.
iShares Barclays 20+ Year Treasury Bond Fund
Reignited confidence is driving investors back into market-correlated asset classes. Amidst this flight to risk, safe haven ETF options such as TLT and
PowerShares DB U.S. Dollar Index Bullish Fund
are being shunned.
Investors should avoid becoming complacent here. The market's upward action is encouraging. However, we have seen on a number of occasions how quickly sentiment can shift.
All prices as of 2:14 pm EST
At the time of publication, Dion Money Management was long UUP and IAU.