Market Overview

ETFs to Watch August 2, 2012 (BAB, FXC, NUGT)

Here is the ETF Professor's ETF Watch List for Thursday August 2, 2012.

Keep an eye on the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA).

The Direxion Daily Gold Miners Bull 3X Shares (NYSE: NUGT) will almost certainly be in focus.

On light volume, the Market Vectors Pharmaceutical ETF (NYSE: PPH) has been solid.

Emerging markets plays of the day: ProShares UltraShort FTSE China 25 (NYSE: FXP), iShares MSCI Taiwan ETF (NYSE: EWT) and the Direxion Daily India Bear 3X Shares (NYSE: INDZ).

Forex play of the day: CurrencyShares Canadian Dollar Trust (NYSE: FXC).

Bond play of the day: PowerShares Build America Bond ETF (NYSE: BAB).

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

 

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