Market Overview

ETFs to Watch August 3, 2012 (BOND, SCO, UUP)

Here is the ETF Professor's ETF Watch List for Friday August 3, 2012.

Play the iShares Gold Trust (NYSE: IAU) and the iShares Silver Trust (NYSE: SLV) following the jobs report.

Keep an eye on the ProShares UltraShort Basic Materials (NYSE: SMN).

Another leveraged play: ProShares UltraShort DJ-UBS Crude Oil (NYSE: SCO).

Emerging markets plays of the day: ProShares UltraShort FTSE China 25 (NYSE: FXP), iShares MSCI South Korea Index Fund (NYSE: EWY) and the Market Vectors Indonesia ETF (NYSE: IDX).

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

Bond play of the day: PIMCO Total Return ETF (NYSE: BOND).

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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