A Look Ahead: Next Week's ETFs To Watch

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Friday's market performance, while decent, barely dented the losses seen in the previous four days of the week. Perhaps even worse is the fact that while stocks opened on fire today, the final gains for the day were nothing compared to what we saw at the open. Bottom line: It was not a fun week to be long. The silver story is well known, but moving forward traders are going to have to contend with anemic summer volume and economic reports that could be challenging to put it delicately. Let's get a leg up on the week ahead with this collection of ETFs to consider for trading next week. 1) iShares Silver Trust
SLV
and the Global X Silver Miners ETF
SIL
: Obvious candidates to be sure. Unfortunately, another margin hike from CME goes into effect on Monday and that's why SLV is on the list. SIL makes it because Silver Wheaton's
SLW
earnings report on Monday could move this ETF. 2) Financial Select Sector SPDR
XLF
: It's probably not time to embrace all the big banks, but it will be interesting to see how Citigroup
C
, the third-largest U.S. bank by assets, trades with a price tag that is 10 times higher than where it closed today. Citi's 1-for-10 reverse split went into effect after the close today. 3) Global X Uranium ETF
URA
: There were some positive headlines today for the uranium sector and a couple of uranium miners report earnings next week. For less than $1,400, why not get a 100 shares of URA and play a rebound in the uranium sector? 4) Consumer Discretionary Select Sector SPDR
XLY
: Walt Disney
DIS
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and Nordstrom
JWN
both step into the earnings confessional next week. 5) iShares MSCI Brazil Index Fund
EWZ
: Great way to gauge sentiment toward emerging markets ETFs. Vale
VALE
had nice earnings on Friday and we may see a dividend hike there, plus Petrobras
PBR
is scheduled to deliver earnings next Friday.
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