ETF - Exchange Traded Fund

The ETF (Exchange Traded Fund) is the best way to analyze the sector groups.

There are over 500 ETFs trading on the AMEX. You can find ETFs trading on the Canadian markets by going to the TSX website, www.tsx.com.

Index ETFs
These consider broad market indexes and are useful for fining the areas of general strength or weakness in the overall stock market.
SPY - S&P 500
DIA - Dow 30
QQQQ - Nasdaq 100
IWM - Russell 2000

Short ETFs
An easy way to take advantage of markets that are likely to move lower, these ETFs go up when their underlying market does down, allowing the investor to buy something that improves in value during times of market weakness.
QID - Nasdaq 100 Short
DXD - Dow 30 Short
SDS - S&P 500 Short
DUG - Oil and Gas Short
SKF - Financials Short
SRS - Real Estate Short

Industry ETFs
Based on sectors of the market, you can buy the ETF to take advantage of developing trends in that sector or just use the ETF for analysis of that sector.
XLE - Energy
UYG - Financial
USO - Oil
GLD - Gold
XLB - Materials
XLI - Industrials
XLU - Utilities
XHB - Homebuilders
XLY - Consumer Discretionary
XLK - Technology
TLT - 20 Year Treasury Bonds
XLP - Consumer Staples
UNG - Natural Gas
DBA - Agriculture
XRT - Retail
XME - Metals and Mining
XLV - Health Care
IYT - Transportation
SLV - Silver
IAI - US Broker Dealers
IYZ - Telecom

Country ETFs
Country ETFs are an easy way to trade a basket of stocks from a specific country
EWZ - Brazil
EEM - Merging Markets
EWW - Mexico
EWT - Taiwan
EWJ - Japan
FXI - China
EWM - Malaysia
EWS - Singapore
EWY - South Korea
EWH - Hong Kong
RSX - Russia
EWA - Australia
ILF - Latin America
EWC - Canada
EWG - Germany
EWL - Switzerland