ETFs To Watch January 8, 2010 (XLF, XLI
Here is the ETF Professor's ETF Watchlist for January 8, 2010.
On a bullish mention by a television commentator, watch the Industrial Select Sector SPDR (NYSE: XLI).
Same as above. The Financial Select Sector SPDR (NYSE: XLF) got a bullish TV mention on Thursday.
A good way to play the market at large with the jobs report looming may be the Vanguard Total Stock Market ETF (NYSE: VTI).
Gold could be in play if the jobs report is bad so watch the SPDR Gold Shares (NYSE: GLD).
Watch the iShares Dow Jones Select Dividend Index (NYSE: DVY), which recently received a bullish newsletter mention.
Another jobs report play: The PowerShares DB US Dollar Index Bullish ETF (NYSE: UUP).
The SPDR S&P Homebuilders ETF (NYSE: XHB), which really doesn't feature many homebuilders at all, is looking ready for a break out.
Watch the SPDR S&P Metals & Mining ETF (NYSE: XME) for a move toward $60, though that might be a bit too much ask for tomorrow.
