NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
The desperate moves Tuesday of a major Italian bank is a signal for investors to short this exchange-traded fund for easy and fast gains.
By shorting these two highly vulnerable ETFs, investors can make a quick profit from the economic mismanagement of these two particularly profligate countries.
Europe is worth a look as the Fed gets ready to raise interest rates.