ETFs To Watch June 25, 2010 (XLF, EWA, SLX, RSX)
Here is the ETF Professor's ETF Watch List for Friday June 25, 2010.
With the passage of the financial reform bill, keep an eye on financial ETFs such as the Financial Select SPDR (NYSE: XLF), the Jun 24: 21.27 0.00 (0.00%) Direxion Daily Financial Bull 3X Shares (NYSE: FAS) and the UltraShort Financials ProShares (NYSE: SKF).
The Market Vectors Russia ETF (NYSE: RSX) was down more than 3% on Thursday.
Keep an eye on the SPDR Gold Shares (NYSE: GLD) to see if gold pulls back.
The Market Vectors Steel ETF (NYSE: SLX) continues to look very weak.
Make the UltraShort 20+ Year Treasury ProShares (NYSE: TBT) your fixed income play for Friday.
Watch the CurrencyShares Australian Dollar Trust (NYSE: FXA) and the iShares MSCI Australia Index (NYSE: EWA) on news that proposed the mining tax there is open for negotiation.
