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Sell on the Pop Prospects: July 23 Edition

Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term ‘sell on the pop’ opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETF Database premium content, sign up for a free 14-day trial to ETF Database Pro. 28 ETFs made it to the list of sell on the pop prospects this month. Markets finished July with a strong close as tech stocks rallied, with investors digesting the latest inflation data and a wave of earnings reports from big financial firms. Defiance Daily Target 1.75X Long MSTR ETF MSTX and YieldMax MSTR Option Income Strategy ETF MSTY, which provide an exposure to the Strategy (NYSE: MSTR) stock, topped the sell on the pop list, due to substantial Bitcoin purchases made by the company, becoming one of the largest corporate holders of Bitcoin. GraniteShares 2x Long TSLA Daily ETF TSLR, Direxion Daily TSLA Bull 1.5X Shares TSLL, and T-REX 2X Long Tesla Daily Target ETF TSLT made it to the list despite reporting weaker sales in the first half amid tough competition from the Chinese EV makers like BYD. The company is scheduled to report its second-quarter results today, and its stock rose on market anticipation that Big Tech will once again drive S&P 500 earnings growth this quarter. Several REIT-focused funds like Vanguard REIT ETF VNQ and Schwab U.S. REIT ETF SCHH featured on the sell on the pop list. In July, U.S. REITs experienced positive performance driven by a shift in investor sentiment toward dividend-paying stocks, anticipation of potential interest rate cuts, and a generally strong market environment. SPDR S&P Biotech ETF XBI and Direxion Daily S&P Biotech Bull 3x Shares LABU were sell on the pop contenders. Biotech stocks rose in anticipation of upcoming FDA decisions scheduled for July 2025. Biotech stocks may also be experiencing an increase due to a general market rally and advancements in scientific innovation. ProShares Ultra Bloomberg Crude Oil UCO also made it to the list. Seasonal increases in travel and industrial activity have bolstered oil demand. Check out our list of Technology ETFs here To compare this month’s list with the one published on July 3rd, click here. ETFs to Sell on the PopPlease note that this list is updated on a monthly basis. For more ETF analysis, make sure to sign up for our free ETF newsletter. Disclosure: No positions at time of writing.

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