ETFs To Watch November 24, 2009 (OIL, EWW, DDM, IBB)
Here is the ETF Professor's ETF Watchlist for Tuesday November 24, 2009.
For a leveraged play on emerging markets, which continue to move higher, try the Ultra MSCI Emerging Mkts ProShares ETF (NYSE: EET).
What can the Professor say about precious metals that hasn't been said already? Take a look at the Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) for gold, the iShares Silver Trust (NYSE: SLV) for silver and the iPath DJ AIG Copper TR Sub-Index ETN (NYSE: JJC) for copper.
The iShares Nasdaq Biotechnology ETF (Nasdaq: IBB) could be a buy if it breaks resistance at $78.84.
Keep an eye on the iShares MSCI Mexico Investable Market Index (NYSE: EWW) for how the ETF reacts a day after Fitch downgraded Mexico's credit worthiness.
The Ultra Dow30 ProShares ETF (NYSE: DDM) may be a good way to play further strength in the Dow.
South Korea has been pushing Washington to complete a trade agreement, so let's see if this impacts the iShares MSCI South Korea Index (NYSE: EWY).
A new oil play from the Professor: The iPath S&P GSCI Crude Oil Total Return Index ETN (NYSE: OIL).
