This Day On The Street
Continue to site
ADVERTISEMENT
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

5 ETFs to Watch This Week

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

SPDR KBW Banks ETF (KBE)

Earnings season kicks off this week with aluminum giant, Alcoa (AA) scheduled to announce its quarterly performance and outlook after the bell. In the days ahead, a number of companies hailing from across the market spectrum will follow suit, providing investors with insight into the state of the U.S. and global economic recoveries.

The financial industry will be of particular interest among earnings watchers during the latter half of the week when JPMorgan (JPM) and Citigroup (C) step up to the plate. These two firms rank as the first and second largest KBE components respectively and together account for 15% of its index.

Since peaking in mid-Feb, shares of KBE have stuck to a steady downward path. Strong earnings showings from JPM and C could help to slow the fund's retreat but I urge investors to continue to exercise caution here.

First Trust Dow Jones Internet Index Fund (FDN)

Google (GOOG) will be sure to draw crowds on Thursday when the company announces its quarterly earnings performance and outlook. ETF investors looking for heavy exposure to the firm should turn to FDN. GOOG accounts for 10% of this fund's assets, making it its number one holding.

Last week, First Trust managed to generate a lot of buzz across the investing industry following the launch of its newest subsector ETF, the First Trust ISE Cloud Computing Index Fund (SKYY - Get Report). The first product of its kind, SKYY is designed to track a basket of companies involved in the cloud computing industry. Although it has only been available since last Wednesday, SKYY has exploded in popularity; the fund's average daily volume already stands at over 500,000.

As investors return from vacation and prepare for the week ahead, SKYY will likely be a fund to keep an eye on.

PowerShares India Portfolio (PIN)

Infosys' (INFY) earnings report, which is scheduled to be released on Tuesday, will heavily influence the performance of large-cap focused India ETFs. PIN, which sets aside more than 10% of its assets to the firm, will likely be the biggest mover on the news.

It has been a rough year for India-focused ETFs as a medley of factors including the bloody riots in the Middle East and Northern Africa, inflation concerns, corruption fears and the market's general shakiness weigh heavily on investor interest in emerging markets. Although PIN has witnessed a welcomed run up in recent weeks, it remains well off of levels seen at the start of 2011.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
XRT $99.24 -0.30%
KBE $35.01 -0.34%
PIN $21.88 0.32%
FDN $67.87 0.10%
SKYY $30.96 0.14%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs