ETFs To Watch On November 6, 2009 (XOP, FXA, VEA, UYG, SSO)

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Here is the ETF Professor's ETF Watchlist for Friday November 6, 2009.

Given the bullish ways of stocks on Thursday, it may pay to take a broad-based approach on Friday, especially if the jobs number is good. The Vanguard Total Stock Market ETF (NYSE: VTI) and the Ultra S&P500 ProShares (NYSE: SSO).

Financials were of course invited to the party on Thursday and will likely make another appearance on Friday. Keep an eye on the Ultra Financials ProShares (NYSE: UYG) and the SPDR KBW Bank (NYSE: KBE).

On the back of Australia's economic growth forecast, for the third time this week, the Professor recommends the CurrencyShares Australian Dollar Trust (NYSE: FXA).

With the PowerShares DB US Dollar Index Bullish (NYSE: UUP) unable to issue more shares, the Market Vectors Double Short Euro (NYSE: DRR) may worth a look.

Here's a new oil and gas play: the SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP).

Here's one with a truly global tilt assuming the jobs report is good and Asia and Europe anticipated that fact before U.S. markets open: the Vanguard Europe Pacific ETF (NYSE: VEA).


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