ETFs To Watch March 16, 2010 (UUP, XLP, EWT, XLK)
Here is the ETF Professor's ETF Watch List for Fed Day Tuesday March 16, 2010.
Play the Fed minutes with the PowerShares DB US Dollar Index Bullish (NYSE: UUP) and the SPDR Gold Shares (NYSE: GLD).
The iShares MSCI Taiwan Index (NYSE: EWT) was a suspicious emerging markets decliner on Monday, shedding almost 2% on fears of China rate tightening.
Speaking of China, Google (Nasdaq: GOOG) may be leaving that market so watch the Technology Select Sector SPDR (NYSE: XLK) and the PowerShares QQQ (Nasdaq: QQQQ).
With oil looking weak, keep an eye on the Ultra DJ-UBS Crude Oil ProShares (NYSE: UCO) and the Oil Services HOLDRs (AMEX: OIH).
The Direxion Daily Energy Bear 3X Shares (NYSE: ERY) is another way to be bearish on energy.
Watch the Consumer Staples Select Sector SPDRS ETF (NYSE: XLP), which was active on Monday.
