ETFdb Weekly Watchlist: XHB, XRT, XLI Hinge On Housing, Consumer, and Durable Goods Data

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Last week, Wall Street witnessed the Dow Jones Industrial Average pierce the 16,000 mark, closing above the level for the first time on Thursday. In economic news, the latest FOMC minutes showed that Fed policy makers will likely decide to begin tapering its bond buying purchases in the coming months. Also on the Fed front, the Senate Banking Committee voted to approve Yellen’s nomination, sending her name to the full Senate for a final confirmation vote. On Thursday of this week, markets will be closed in celebration of Thanksgiving Day.

This week, investors will see only a handful economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Fed Effect: How Monetary Policy Impacts Your ETFs].

1. SPDR Homebuilders ETF (XHB, A+)

Why XHB Will Be In Focus: With over $1.8 billion in total assets under management, this ETF is by far the most popular option for investors looking to add exposure to the homebuilding industry. Its focus will come on Monday and Tuesday as pending home sales and building permits are reported, respectively. Analysts see pending existing home sales to increase 2.2%, versus the previously recorded 5.6% figure. Building permits are forecasted to come in at 0.95M [see Single Country ETFs: Everything Investors Need To Know].

2. SPDR S&P Retail ETF (XRT, A)

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Thanksgiving

Why XRT Will Be In Focus:  This ETF tracks an index that is comprised of the roughly 100 U.S.-listed, publicly-traded retail companies, a targeted sub-sector of the consumer discretionary space. Investors should keep a close eye on XRT on Tuesday as the Conference Board reports its consumer confidence index, which is expected to rise from 71.2 to 72.2.  Investors should also keep an eye on XRT throughout the week as shoppers head out for Black Friday and Cyber Monday specials.

3. Industrial Select Sector SPDR ETF (XLI, A)

Why XLI Will Be In Focus: This  fund is one of the most popular on the market, with over $6.8 billion in assets and an average daily volume just over 9 million. XLI seeks to replicate the performance of the U.S. industrial sector and will be in focus this week as core durable goods orders are reported on Wednesday. Analysts are expecting core durable goods orders to rise from -0.2% to 0.5% [see also How To Pick The Right ETF Every Time].

Follow me on Twitter @DPylypczak.

Disclosure: No positions at time of writing.

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