This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 ETFs to Watch This Week

Stocks in this article: MOO ITA EWK XRT GDX

NEW YORK ( TheStreet) -- Here are five ETFs to watch this week.

Market Vectors Agribusiness ETF (MOO)

Food prices have surged in recent months, returning to record breaking levels last seen in 2008. This rally has helped power agriculture-related equities such as those underlying MOO to strong gains.

Last week, industry leaders Mosaic (MOS) and Monsanto (MON) reported optimistic earnings, sending the fund higher towards levels last seen prior to the economic meltdown.

Improving economic conditions in the developed world and rampant economic growth across emerging economies look likely to prolong this current food rally. MOO is a fund to keep on the radar.

iShares Dow Jones U.S. Aerospace & Defense Index Fund (ITA)

Late last week, Defense Secretary Robert Gates announced a plan to squeeze spending by $78 billion over the next five years. The reductions could send investors holding ITA down a rocky road in the coming weeks as the markets learn more about the plan and digest its effects.

According to the Financial Times, plans aimed at paring back the Pentagon's spending habits would results in projects involving companies including General Dynamics (GD), Raytheon (RTN) and Lockheed Martin (LMT) getting the ax. All three of these companies can be found among ITA's top 10 holdings and represent over 17% of the fund's total index.

iShares MSCI Belgium Investable Market Index Fund (EWK)

It's a new year but many of the same economic issues that threatened the strength of global recovery in 2010 continue to persist. Regarding the European debt crisis, many analysts and market commentators have had their eyes locked on the issues playing out in Spain, Greece and other components of the "PIIGS" acronym. However, outside of these nations, other EU members such as Belgium facing daunting headwinds.

Belgium has remained locked in an election stalemate which has persisted for over 200 days as the two feuding halves of the country fail to reach a political compromise. This turmoil comes at a difficult time. According to Bloomberg, Belgium currently boasts the third highest debt burden in the EU.

Until there are signs that these issues are being resolved, EWK is a fund investors will want to steer clear of.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs