The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( ETF Expert) -- Most believe that an agreed-upon plan for the eurozone will not go far enough to increase economic growth in the region. And nearly everyone expects Greece to "officially" default. What's more, if tighten-the-belt austerity doesn't sit well with disenchanted Greek workers, how will it sit in the stomachs of two-hour-lunch-break Italian employees? "Oh Gary," you say, shaking your head. "Pray tell, sir, your reason for raising this sea-storm on a day when the Dow surges 270-plus points!"
|ETFs With Potential For Capital Appreciation on a European Surprise|
|Monday % Gain|
|iShares MSCI South Africa (EZA)||3.72%|
|iShares MSCI Germany (EWG)||3.61%|
|iShares MSCI Netherlands (EWN)||3.51%|
|SPDR Select Materials (XLB)||3.21%|
|iShares MSCI Austria (EWO)||3.01%|