ETFs To Watch February 3, 2010 (BRF, EWT, SCO, XHB)
Here is the ETF Professor's ETF Watch List for Wednesday February 3, 2010.
Emerging markets ETFs got another bounce on Tuesday with the Market Vectors Brazil Small-Cap ETF (NYSE: BRF) and the Direxion Daily Emrg Mkts Bull 3X Shares (NYSE: EDC) leading the way.
The iShares Dow Jones US Home Construction ETF (NYSE: ITB) was up more than 5% on Tuesday. Not far behind was the SPDR S&P Homebuilders (NYSE: XHB).
The iShares MSCI Taiwan Index (NYSE: EWT) was one of the emerging markets laggards on Tuesday, dropping nearly 2%.
The ETF Professor highlighted the iShares Nasdaq Biotechnology on Monday night (Nasdaq: IBB) and it has broken $85.
If energy continues to rally, watch the UltraShort DJ-AIG Crude Oil ProShares (NYSE: SCO) which was down nearly 6.6% on Tuesday.
