ETFs to Watch October 13, 2011
Here is the ETF Professor's ETF Watch List for Thursday October 13, 2011.
The Market Vectors Steel ETF (NYSE: SLX) has been acting well lately.
Materials stocks look a little overbought here, so trade the ProShares UltraShort Basic Materials (NYSE: SMN).
Same goes for small-caps, so give the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA) a look.
Earnings play: ProShares UltraShort Financials (NYSE: SKF).
Emerging markets plays of the day: Market Vectors Vietnam ETF (NYSE: VNM), iShares MSCI Malaysia Index Fund (NYSE: EWM) and the iShares MSCI Turkey Investable Market Index Fund (NYSE: TUR).
Forex play of the day: CurrencyShares Australian Dollar Trust (NYSE: FXA).
Bond play of the day: ProShares UltraShort 20+ Year Treasury (NYSE: TBT).







