Market Overview

ETFs To Watch June 15, 2011 (SDS, UDN, BNO, VNM)

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Here is the ETF Professor's ETF Watch List for Wednesday June 15, 2011.

Don't get too excited about Tuesday's action and trade the ProShares UltraShort S&P500 (NYSE: SDS).

For those that want to be long, tread safely with the Global X Food ETF (NYSE: EATX).

Play an oil bounce with the United States Brent Oil Fund (NYSE: BNO) and the SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP).

Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE: CZI), Market Vectors Vietnam ETF (NYSE: VNM) and the ProShares UltraShort Brazil (NYSE: BZQ).

Forex play of the day: PowerShares DB US Dollar Index Bearish (NYSE: UDN).

Bond play of the day: SPDR Barclays Capital High Yield Bond ETF (NYSE: JNK).

Posted-In: Long Ideas News Sector ETFs Broad U.S. Equity ETFs Short Ideas Specialty ETFs New ETFs Emerging Market ETFs

 

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