ETFs To Watch May 6, 2011 (AGQ, HYD, XLV, EWT)

Benzinga May 6, 2011 15 years ago

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Here is the ETF Professor's ETF Watch List for Friday May 6, 2011. ProShares Ultra Silver (NYSE: AGQ): One look at the chart explains why. Oil rebound plays: SPDR S&P Oil & Gas Exploration & Production (NYSE: XOP) and the United States Brent Oil Fund (NYSE: BNO). Defense plays: Health Care Select Sector SPDR (NYSE: XLV) and the PowerShares Financial Preferred ETF (NYSE: PGF). Emerging markets plays of the day: Direxion Daily Latin America Bear 3X Shares (NYSE: LHB), Global X FTSE ASEAN 40 ETF (NYSE: ASEA) and the iShares MSCI Taiwan Index Fund (NYSE: EWT). Forex play of the day: PowerShares DB US Dollar Index Bullish (NYSE: UUP). Bond play of the day: Market Vectors High-Yield Muni ETF (NYSE: HYD).