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

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

SPDR S&P 500 ETF (SPY)

This week we kick off the second quarter of 2012. From an economic perspective, the first week of April is a busy one, particularly for the jobs picture. On Friday, all eyes will turn to the monthly nonfarm payroll report. The bar has been set high; during the past three months, we have enjoyed some solid signs of improvement on this front.

History is on the market's side. Over the years, April has consistently proven to be a strong month for stocks. Nevertheless, although the market's strength and resilience during the opening months of the year have boosted confidence, patience is still warranted.

iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (GAZ)

The premium-laden GAZ fell last week as commodities stumbled and the ETN retreated toward its underlying index. The instrument's weak spell has extended beyond the past week, though. On a one-month basis, GAZ has fallen about 25%.

Bull or Bear? Vote in Our Poll

The dismal performances seen from GAZ and the VelocityShares Daily 2X VIX Short Term ETN (TVIX) over the past month have helped to underscore the inherent dangers associated with disconnected exchange-traded products.

GAZ's premium has declined considerably, but at 60%, it is still trading well out of line with its benchmark. Steer clear of this product.

Energy Select Sector SPDR (XLE)

We continue to see signs of improvement here in the U.S., but China growth fears are putting a damper on optimism. Commodity producers, in particular, are feeling the pressure as the emerging growth engine struggles to get itself back on track.

Over the past month, XLE and the Materials Select Sector SPDR (XLB) have suffered some notable losses.

>>Brand-Name IPOs Overshadow Unknowns

As we head into a new quarter, I encourage investors to hold off on running for cover. News from China will continue to dominate headlines, but you can weather the turmoil by maintaining a strong, diversified portfolio.

Market Vectors Agribusiness ETF (MOO)

Earnings season will ceremoniously kick off next Tuesday when aluminum giant Alcoa (AA) steps up to the plate. This week, though, there are a number of other companies scheduled to report. For agriculture-hungry investors, Monsanto's (MON) showing will be particularly important to watch.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
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 17,051.73 -48.45 -0.28%
S&P 500 1,973.63 -4.59 -0.23%
NASDAQ 4,424.7040 -7.4420 -0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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