) -- Don Dion posts his current insights on the stock, bond, commodity and currency markets in his


blog, anticipating which ETFs will be in play next.

Here are three of his blog posts from the past week:

Setting Sights on Sweden

Published 7/1/2011 10:57 a.m. EDT

With QE2 behind us, a predictably slow afternoon ahead of us and a long weekend after that, I'm going to take some time today to look at pockets of strength both at home and abroad, like the

iShares MSCI Sweden ETF

(EWD) - Get iShares MSCI Sweden ETF Report

. While EWD trading has been volatile this morning, a play by major Swedish company


(ERIC) - Get Telefonaktiebolaget LM Ericsson Sponsored ADR Class B Report

is helping to put the country's equities back in the spotlight.

> > Bull or Bear? Vote in Our Poll

After a tough start to 2011, the telecommunications company has seen a nice rebound through May and June. Today Ericsson announced that it is part of a consortium -- which includes


(AAPL) - Get Apple Inc. (AAPL) Report


EMC Corp.




(MSFT) - Get Microsoft Corporation (MSFT) Report


Research In Motion





-- that recently won the bidding process for patents auctioned off by bankrupt Canadian telecommunications-gear maker


. Access to these patents should help to further add value for Ericsson investors. Ericsson is the top holding in EWD's underlying portfolio, making up 11% of its assets.

While today's headlines should help give a short-term boost to EWD, the long-term picture also looks solid. In the last week, EWD has gained 7% and year to date, and the fund has outpaced the


(EFA) - Get iShares MSCI EAFE ETF Report

benchmark, gaining 5.3%. Sweden's strong, reliable currency helps to differentiate it from the debt-ridden eurozone nations, and tech innovation is a strong suit.

Keep an eye on EWD today and consider it for a longer-term international position.

TheStreet Recommends

At the time of publication, Dion Money Management was long EWD.

Auto ETFs Gain Traction

Published 6/29/2011 2:34 p.m. EDT

In recent months, Japanese and American consumers have shared something in common: More and more of them wanted new cars. Data released today show that Japanese factory output in May made its biggest jump in almost 60 years, with automakers among the leaders. In the U.S., auto sales will likely show that they've turned higher in June after dipping in May, according to estimates made by market researchers and

One of my favorite plays on increased car production is exposure to the physically backed

ETFS Physical Platinum Shares

(PPLT) - Get Aberdeen Standard Physical Platinum Shares ETF Report


ETFS Physical Palladium Shares

(PALL) - Get Aberdeen Standard Physical Palladium Shares ETF Report

. Not your typical precious metals, platinum and palladium are used in the production of catalytic converters. A large percentage of platinum and palladium mined globally goes towards this purpose.

A more direct play is the recently launched

First Trust NASDAQ Global Auto ETF

(CARZ) - Get First Trust NASDAQ Global Auto Index Fund Report

. While CARZ offers good exposure at a reasonable price, investors have failed to embrace the fund so far. Daily trading volume is extremely low, and liquidity concerns make this fund a logistical problem.

It's looking like automakers may finally be getting a boost as we move into the summer months. Use PALL or PPLT to gain exposure to the increase in car production and keep an eye on CARZ to see if it ever becomes a viable fund.

At the time of publication, Dion Money Management had no holdings in the securities mentioned.

Sowing Profits in Agriculture and Agribusiness

Published 6/29/2011 10:15 a.m. EDT

Declining commodities prices and worsening agricultural conditions provide a perfect opportunity for investors in exchange-traded funds to gain exposure to agricultural commodities and agribusiness. The

PowerShares DB Agriculture ETF

(DBA) - Get Invesco DB Agriculture Fund Report

and the

Market Vectors Agribusiness ETF

(MOO) - Get VanEck Vectors Agribusiness ETF Report

are both good picks to benefit from this rare market opportunity.

I've been saying for some time that things

haven't been going well for

agricultural commodities. Bad weather conditions have delayed corn plantings and supply levels are low. Natural disasters and inclement weather have caused problems for a host of crops this year, including wheat and cotton. High corn prices have also affected

the market for cattle.

At the same time, agricultural commodities have experienced a short-term selloff along with the broader commodities market. While the commodities-backed DBA gained more than 34% in the year-long period ending June 28, the fund has dropped more than 4% in the last few weeks. Agricultural commodities still face challenges in the months ahead, however, and this short-term selloff is the best time to gain exposure via DBA.

When it comes to agribusiness,



results echo the broader agricultural challenges. As farmers try to gain an edge and increase yield during a difficult time for the industry, agribusiness firms like MON and

John Deere

(DE) - Get Deere & Company Report

see increased demand. Monsanto's earnings blew past Wall Street expectations today and the company raised projections for the remainder of the year.

DBA and MOO are two very different ways to gain expose to an opportunity in the agricultural industry, one part of the market that you shouldn't ignore. As questions of supply come into play, DBA could see another rally, and the quest to revive farmland should continue to be good for MOO.

At the time of publication, Dion Money Management had no positions in the securities metioned.