Market Overview

ETFs to Watch April 25, 2012 (XLK, XLI, EDZ)

Here is the ETF Professor's ETF Watch List for Wednesday April 25, 2012.

Obvious plays of the day: PowerShares QQQ (Nasdaq: QQQ) and the Technology Select Sector SPDR (NYSE: XLK).

Another earnings play: Industrial Select Sector SPDR (NYSE: XLI).

The Market Vectors Gaming ETF (NYSE: BJK) is at an important technical juncture.

Emerging markets plays of the day: Direxion Daily Emerging Markets Bear 3X Shares (NYSE: EDZ), iShares MSCI Taiwan ETF (NYSE: EWT) and the Market Vectors Brazil ETF (NYSE: BRF).

Forex play of the day: ProShares UltraShort Euro (NYSE: EUO).

Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE: ELD).

Posted in: Earnings, Long Ideas, News, Sector ETFs, Broad U.S. Equity ETFs, Short Ideas, Specialty ETFs, New ETFs, Emerging Market ETFs, Currency ETFs, Pre-Market Outlook, Markets, Trading Ideas, ETFs

 

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