NEW YORK ( TheStreet) -- Here are five ETFs to watch this week.
Jobs had turned to the former COO on a number of occasions over the past few years. ETF investors looking to follow the developments taking place at Apple should have their sights set on QQQ. The tech giant is listed as the fund's number one holding, accounting for nearly 15% of its total assets. world's largest exchange-traded product. The past week's selloff may be unsettling to some. However, as I've explained on a number of occasions, gold ETFs like GLD and iShares Gold Trust ( IAU) should not be viewed as short-term trades. Rather, these funds are best utilized as long-term portfolio staples . During periods of economic duress, their defensive nature will provide welcomed relief.
Although earnings news could make KWT interesting to watch, I would encourage conservative investors to stick to the sidelines here. The alternative energy sector has come under heavy pressure in recent weeks as developed nations around the globe work to rein in debt. KWT has been hit particularly hard. Year to date, the fund is off 30%.
a blessing in the form of a $5 billion investment , injecting some welcomed confidence into the battered financial industry. Looking to the days ahead, it will be interesting to see how this market sector fares as initial reactions subside and investors regain awareness of the economic turmoil facing many regions of the globe. The Berkshire Hathaway ( BRK.A) leader has seen success with his other crisis-era investments. However, I still urge investors to use caution when venturing into this sector. Readers Also Like: >> Apple and LTE: What to Expect >> 10 Top Cars Old Folks Buy