ETFs To Watch February 4, 2010 (OIH, EWP, DRV, KOL)
Here is the ETF Professor's ETF Watch List for Thursday February 4, 2010.
With Diamond Offshore (NYSE: DO) reporting fourth-quarter earnings, take a look at the Oil Services HOLDRs (AMEX: OIH).
Investors really seem to be avoiding the iShares FTSE/Xinhua China 25 ETF (NYSE: FXI) so keep an eye on that one and its inverse cousin, the UltraShort FTSE/Xinhua China25 Proshares ETF (NYSE: FXP).
The Market Vectors Coal ETF (NYSE: KOL) was up a tad on Wednesday while other materials offerings were down on the day.
Watch the DB Base Metals ETF (NYSE: DBB), one of the worst performing metals ETFs in 2010.
Speaking of metals ETFs, if the iPath DJ AIG Copper TR Sub-Idx ETN (NYSE: JJC) pushes below $40, that could be a signal to short the ETN.
Watch the iShares MSCI Spain Index (NYSE: EWP) on news of Banco Santander's (NYSE: STD) earnings.
The Direxion Daily Real Estate Bear 3X Shares (NYSE: DRV) was up nearly 5% on Wednesday.
