ETFs To Watch December 15, 2009 (PXJ, XLF, URE, ERY)
Here is the ETF Professor's ETF Watch List for Tuesday December 15, 2009.
Natural gas is obviously in play from after news of Exxon Mobil's (NYSE: XOM)(FREE stock trend analysis) $31 billion purchase of XTO Energy (NYSE: XTO)(FREE stock trend analysis), so the PowerShares Dynamic Oil & Gas Services ETF (NYSE: PXJ)(FREE stock trend analysis) may be worth a trade. The First Trust ISE-Revere Natural Gas ETF (NYSE: FCG)(FREE stock trend analysis) should also be worth looking at.
Try the WisdomTree India Earnings ETF (NYSE: EPI)(FREE stock trend analysis) as an emerging markets play.
The Financial Select Sector SPDR (NYSE: XLF)(FREE stock trend analysis) may worth a look on news of Wells Fargo's (NYSE: WFC)(FREE stock trend analysis) TARP repayment plans.
The ETF Profesor highlighted the SPDR Utilities Select Sector ETF (NYSE: XLU)(FREE stock trend analysis) early Monday and it touched a 52-week and saw some bullish options trade to start the week.
There was also some unusual options activity in the SPDR Gold Shares ETF (NYSE: GLD)(FREE stock trend analysis).
The iShares High Yield Corporate Bond ETF (NYSE: HYG)(FREE stock trend analysis) made a new 52-week high on Monday.
Check out the Ultra Real Estate ProShares ETF (NYSE: URE)(FREE stock trend analysis), which was up nearly 4% on Monday.
With an energy names getting a lift on Monday, the Direxion Daily Energy Bear 3X Shares (NYSE: ERY)(FREE stock trend analysis) had a bad day and could be worth watching on Tuesday.
