The Week Ahead

The stories,data, and stocks that may have the greatest impact during this week.

Best ETF For July 2009

This month’s best performing ETF is iPath Dow Jones-AIG Nickel Total Return (symbol JJN), an ETN (Exchange Traded Notes) in fact.

The nickel prices increased significantly during the last couple of months and this helped a lot of the stocks and ETFs exposed to the metal. Commodities prices in general were up during the last few months because investors became more optimistic that the world economy would recover and the demand for commodities would increase again. However, a return of the bear sentiment in the market will certainly take down the nickel and other commodities prices as well. You should have a clear exit strategy in place if you decide to buy this ETN.

Is it still time to buy JJN today? Click here to find out.

Double Short ETFs

List of available double short ETFs for those wanting to play the market on the down side:

Market Vectors Double Short Euro ETN (DRR)
PowerShares DB Agriculture Double Short ETN (AGA)
PowerShares DB Base Metals Double Short ETN (BOM)
PowerShares DB Commodity Double Short ETN (DEE)
PowerShares DB Crude Oil Double Short ETN (DTO)
PowerShares DB Gold Double Short ETN (DZZ)
ProShares UltraShort Basic Materials ETF (SMN)
ProShares UltraShort Consumer Goods ETF (SZK)
ProShares UltraShort Consumer Services ETF (SCC)
ProShares UltraShort DJ-AIG Commodity ETF (CMD)
ProShares UltraShort DJ-AIG Crude Oil ETF (SCO)
ProShares UltraShort Dow 30 ETF (DXD)
ProShares UltraShort Euro ETF (EUO)
ProShares UltraShort Financials ETF (SKF)
ProShares UltraShort FTSE/Xinhua China 25 ETF (FXP)
ProShares UltraShort Gold ETF (GLL)
ProShares UltraShort Health Care ETF (RXD)
ProShares UltraShort Industrials ETF (SIJ)
ProShares UltraShort Lehman 20+ Year Treasury Bond ETF (TBT)
ProShares UltraShort Lehman 7-10 Year Treasury Bond ETF (PST)
ProShares UltraShort MidCap 400 ETF (MZZ)
ProShares UltraShort MSCI EAFE ETF (EFU)
ProShares UltraShort MSCI Emerging Markets ETF (EEV)
ProShares UltraShort MSCI Japan ETF (EWV)
ProShares UltraShort Oil & Gas ETF (DUG)
ProShares UltraShort QQQ ETF (QID)
ProShares UltraShort Real Estate ETF (SRS)
ProShares UltraShort Russell 1000 Growth ETF (SFK)
ProShares UltraShort Russell 1000 Value ETF (SJF)
ProShares UltraShort Russell 2000 ETF (TWM)
ProShares UltraShort Russell 2000 Growth ETF (SKK)
ProShares UltraShort Russell 2000 Value ETF (SJH)
ProShares UltraShort Russell MidCap Growth ETF (SDK)
ProShares UltraShort Russell MidCap Value ETF (SJL)
ProShares UltraShort S&P 500 ETF (SDS)
ProShares UltraShort Semiconductors ETF (SSG)
ProShares UltraShort Silver ETF (ZSL)
ProShares UltraShort SmallCap 600 ETF (SDD)
ProShares UltraShort Technology ETF (REW)
ProShares UltraShort Telecommunications ETF (TLL)
ProShares UltraShort Utilities ETF (SDP)
ProShares UltraShort Yen ETF (YCS)
Rydex Inverse 2x Russell 2000 ETF (RRZ)
Rydex Inverse 2x S&P 500 ETF (RSW)
Rydex Inverse 2x S&P MidCap 400 ETF (RMS)
Rydex Inverse 2x S&P Select Sector Energy ETF (REC)
Rydex Inverse 2x S&P Select Sector Financial ETF (RFN)
Rydex Inverse 2x S&P Select Sector Health Care ETF (RHO)
Rydex Inverse 2x S&P Select Sector Technology ETF (RTW)

Sort Oil ETFs List

Here is a list of inverse oil ETFs (both simple and double leverage):

MacroShares Oil Down ETF (DOY)
PowerShares DB Crude Oil Short ETN (SZO)
PowerShares DB Crude Oil Double Short ETN (DTO)
ProShares UltraShort DJ-UBS Crude Oil (SCO)