ETFs To Watch October 1, 2010 (ERX, IYK, HAO, ELD)
Benzinga 16 years ago
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Here is the ETF Professor's ETF Watch List for Friday October 1, 2010.
Play the strong manufacturing data out of China with the Global X Copper Miners ETF (NYSE: COPX) and the iShares S&P Global Materials (NYSE: MXI).
The iShares Dow Jones US Consumer Goods ETF (NYSE: IYK) was up more than 3% on Thursday.
The China news should be good for oil, so go leveraged with the ProShares Ultra Oil & Gas (NYSE: DIG) and the Direxion Daily Energy Bull 3X Shares (NYSE: ERX).
Emerging markets plays for the day: Guggenheim China SmallCap ETF (NYSE: HAO), Wisdom Tree India Earnings ETF (NYSE: EPI) and the Global X China Consumer ETF (NYSE: CHIQ).
Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE: ELD).
Forex play: CurrencyShares Australian Dollar Trust (NYSE: FXA).
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