ETF Screener: Submerging Markets

Warren Buffet has a story out today that you should read. It’s all about the debt our government is piling up and its inevitable impact. Funny – he’s the oracle of Omaha and we are just a small blog, yet we have been warning of this massive spending since it began. And let us be the first to point out that he says all this debt stopped a meltdown, but we don’t know that to be true. We might be in better shape today and for the long run had our government decided companies aren’t “too big to fail.” Perhaps what they really meant was that politicians’ biggest contributors are too big to fail.

In our ETF screener today – we find Emerging Markets and Asian ETFs ready to underperform the S&P 500. At least that’s what their stock charts indicate. This is no surprise as the lead Asian dog – China – has seen its stock market absorb a few low blows in the last few weeks. They and Japan are the plugs holding all the water in the Asian and emerging markets tub. When they get pulled, the water level goes down all around them.

Last night China’s stock market rebounded and our manic – depressive meter between economic recovery and disaster is manic today. Yesterday, economic hopes were dim, this morning they are as bright as the right field sun in Wrigley. So we could see some of the ETFs gain some strength in the days ahead.

Since the number of emerging market and Asian ETFs showing up in our ETF screener was so overwhelming, we decided the theme was large enough to focus on just it this week. You might consider going long an S&P 500 ETF and shorting any of these ETFs. As long as the S&P 500 ETF outperforms these ETFs, investors will profit.

• BLDRS Emerging Markets 50 ADR Index (ADRE)
  
• iShares S&P Asia 50 Index (AIA)
  
• WisdomTree Emerging Markets Equity Inc (DEM)
  
• WisdomTree Emerging Mkts Small Cap Div (DGS)
  
• iShares MSCI Emerging Markets Index (EEM)
  
• SPDR S&P Emerging Markets Small Cap (EWX)
  
• SPDR S&P Emerging Middle East & Africa (GAF)
  
• SPDR S&P Emerging Markets (GMM)
  
• PowerShares FTSE RAFI Emerging Markets (PXH)
  
• Vanguard Emerging Markets Stock ETF (VWO)
  
• iShares MSCI Hong Kong Index (EWH)
  
• iShares FTSE China (HK Listed) Index (FCHI)
  
• SPDR S&P Emerging Asia Pacific (GMF)
  
• SPDR S&P China (GXC)
  
• PowerShares India (PIN)
  
• Claymore/AlphaShares China Real Estate (TAO)
  
• iShares MSCI Malaysia Index (EWM)
  
• iShares FTSE/Xinhua China 25 Index (FXI)
  
• PowerShares Gldn Dragon Halter USX China (PGJ)