ETFs to Watch April 24, 2012 (SQQQ, GDX, TZA)

Here is the ETF Professor's ETF Watch List for Tuesday April 24, 2012.

Play some defense with the PowerShares Dynamic Utilities ETF (NYSE: PUI).

Keep an eye on the ProShares UltraPro Short QQQ ETF (Nasdaq: SQQQ).

The Market Vectors Gold Miners ETF (NYSE: GDX) is a mess and technically vulnerable.

The Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA) was higher by nearly 4% on Monday.

Emerging markets plays of the day: ProShares UltraShort Brazil (NYSE: BZQ), Direxion Daily Russia Bear 3X Shares (NYSE: RUSS) and the Market Vectors Vietnam ETF (NYSE: VNM).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: UUP).

Bond play of the day: WisdomTree Asia Local Debt ETF (NYSE: ALD).

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted in: 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

Advertisement