WhatisETF Fridays | Cyber Monday EDT
It comes to another what is ETF Friday, and as usual, we give you a roundup of the top picks of the week. As we get closer to the New Year, it is only right that we will start to look into ETF for 2012 as well as our top ETF picks for the week. At the same time, we will cover what is an ETF, whether you are looking at gold, silver or something completely different.
Barclays 20 Year Treasury Bond Fund (TLT)
The Treasury Bond Fund is going to be tracking the Bond Index, which has not been touched for 20 years. This is definitely one to watch this week as it is extremely important for TLT. This partially all depends on Congress too – if they fail to sign the debt agreement again, the ETF could see a major fall and be in for one of the worst weeks in history. Although, you will still make a profit if you do find that you want to sell quickly.
HOLDRS Internet Architecture (IAH)
The HOLDR project is another one that will be in focus this week, especially for the IAH. This is all about the technology companies and to find out who is on top of the holdings. At the same time, HP are going to be releasing their quarterly earnings, which may see it jumping from third to a different place all together. So far, HP has managed to beat their estimates made for the previous four so there are chances that this will all end on a positive note. However, if it fails to beat it for a fifth time in a row, it could see the IAH dropping considerably. This is one of the ETF futures to look out for.
The USO is the third one to be in focus for this week and is one of the most popular options when it comes to ETFs. This is one to watch out for when it comes to the 2012 ETFs because it will continually fluctuate and be in the picture. There are no events coming up but it is all based on the previous weeks of events. Oil has been surging and the most recent one was of 4 percent. At the same time, the price of oil is also tied to the performance, which makes it one of the most volatile ETFs on the market.
