ETFs To Watch December 11, 2009 (SGG, XLE, XRT, UNG)
Here is the ETF Professor's ETF Watchlist for Friday December 11, 2009.
Watch some of the energy ETFs as bidding opens for Iraq oil fields. Ones to watch include the SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP)(FREE stock trend analysis) and the Energy Select Sector SPDR (NYSE: XLE)(FREE stock trend analysis). If you're looking for a leveraged play, try the Direxion Daily Energy Bull 3X Shares ETF (NYSE: ERX)(FREE stock trend analysis).
On news of declining natural gas inventories, watch the U.S. Natural Gas Fund (NYSE: UNG)(FREE stock trend analysis).
The iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX)(FREE stock trend analysis) was down nearly 2% on Thursday.
The iShares Dow Jones US Utilities ETF (NYSE: IDU)(FREE stock trend analysis) received some bullish commentary in an ETF newsletter on Thursday.
Some healthcare stocks got a jolt on Thursday, so keep an eye on the Vanguard Health Care ETF (NYSE: VHT)(FREE stock trend analysis) on Friday.
Watch the PowerShares US Dollar Bull ETF (NYSE: UUP)(FREE stock trend analysis) to see if it can hold support at its 50-day moving average.
Another 50-day line play is the SPDR S&P Retail ETF (NYSE: XRT)(FREE stock trend analysis).
Watch the iPath DJ AIG Sugar TR Sub-Index ETN (NYSE: SGG)(FREE stock trend analysis), which was up nearly 6% on Thursday.
