Market Overview

A Look Ahead: Next Week's ETFs To Watch


A week of substantial headline risk be it at the hands of Japan, bearish views on oil or disappointing earnings results has drawn to a close and perhaps the best thing that can be said is "Hey, at least stocks closed higher on Friday." Still, Friday's effort will do little to put a dent in weekly losses for the major U.S. indexes.

With the earnings spigot wide open next week, we've got a great assortment of ETFs that should be in play so let's have a look at next week's ETFs to watch.

1) Market Vectors Coal ETF (NYSE: KOL): Two of KOL's to-be-acquired constituents, Bucyrus (Nasdaq: BUCY) and Massey Energy (NYSE: MEE) report on Monday. Peabody Energy (NYSE: BTU), the largest U.S. coal producer, follows on Tuesday so next week promises to be busy for KOL.

2) ProShares Short Dow30 (NYSE: DOG) or the SPDR Dow Jones Industrial Average (NYSE: DIA): Pick your poison here. Eight Dow stocks report next week.

3) SPDR KBW Regional Banking (NYSE: KRE) and the Financial Select Sector SPDR (NYSE: XLF): Again, have it your way. There isn't a day next week when at least one marquee national or super-regional banking name doesn't step into the earnings confessional.

4) Oil Services HOLDRs (AMEX: OIH): Yes, this is an earnings play with Halliburton (NYSE: HAL) reporting on Monday and Diamond Offshore (NYSE: DO), Weatherford International (NYSE: WFT) and Schlumberger (NYSE: SLB) reporting on Thursday, but OIH is also worth watching because options traders have been making some bearish bets on the fund in recent days and momentum could be waning here.

5) Market Vectors Junior Gold Miners ETF (NYSE: GDXJ): With gold jumping to another record on Friday, GDXJ's finish to the week was disappointing. We don't want to sound any alarms here, but this ETF really needs to break through $42 or risk forming an ominous double top.

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


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