This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Five ETFs to Watch This Week

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

Consumer Staples Select Sector SPDR (XLP)

Earnings season continues to press on with dozens of companies scheduled to step up to the plate next week. The middle of the week will be particularly exciting for investors following the consumer staples industry with names, including Coca-Cola (KO), Philip Morris (PM), CVS Caremark (CVS) and Pepsi (PEP) on the docket.

Consumer staples are still lagging against the broader market as investors opt to venture into riskier sectors. However, in recent days we have seen some signs that the U.S. consumer is beginning to tighten its belt. As individuals cut back on their spending habits, discretionary companies responsible for producing "wants" will likely face steeper headwinds than the staple producers underlying XLP.

iShares MSCI Mexico Investable Market Index Fund (EWW)

The iShares Mexico ETF's top-heaviness will likely shine through this week when America Movil (AMX) reports its earnings. Carlos Slim's telecom empire dominates EWW's index, accounting for over 20% of its assets.

Latin America continues to stand out as an attractive option for internationally-minded investors looking to escape the drama taking place in Europe. EWW has been on a tear in 2012, helping it recover back to heights last seen at the start of August 2011. As the fund recovers to pre-breakdown levels, it will be interesting to see if it can hold up.

SPDR S&P 500 ETF (SPY)

On Friday, the market was greeted to some encouraging news on the jobs front. The most recent nonfarm payroll report indicated that 243,000 jobs were added in January, far outpacing analyst estimates. In addition, the unemployment rate fell to 8.3%, the lowest reading since February 2009. February is a historically tricky month for the stock market. So far, however, the strength from January appears to be lingering. SPY is kicking off the week at 2012 highs.

iShares Dow Jones U.S. Biotechnology Index Fund (IBB)

The biotechnology industry's early-year strength has propelled IBB to its highest levels ever. In response to this climb, the fund has seen impressive gains in both our short- and long- term momentum rankings.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
EWW $60.21 0.00%
GDX $21.28 0.00%
IAU $11.71 0.00%
IBB $337.47 0.00%
SPY $210.66 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

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