NEW YORK (TheStreet) -- Here are this week's ETF winners and losers.
Claymore/NYSE Arca Airline ETF ( FAA) -3% With Obama laying out plans for infrastructure stimulus and executives from a number of reputable railroad companies foreseeing strength in the near future, the outlook for transportation is looking cheerful. However, not all is rosy. This week, the markets were not keen on the airlines, causing FAA to slump. Despite this week's losses for FAA, I feel that the broad transportation industry could be something to watch this coming week. Industry bellwether and iShares Dow Jones Transportation Average Index Fund's ( IYT) top holding, FedEx ( FDX), is scheduled to announce its quarterly earnings report. These numbers should provide insight not only into the state of the transports, but also the broader economy. iShares Cohen & Steers Realty Majors Index Fund ( ICF) -2.1% The REITs were another section of the market that struggled this week, causing ICF and iShares FTSE NAREIT Residential Index Fund ( REZ) to slump. This week's slowdown appears to a breather for the REITs. Throughout the second half of the summer, these ETFs have seen impressive run-ups. Looking to the near term, I still believe that real estate funds such as ICF and REZ hold promise. -- Written by Don Dion in Williamstown, Mass.