Five ETF Earnings Plays For The Week Ahead

With earnings season set to kick into high gear this week, some sectors are going to see a bit more volatility than usual and the earnings calendar points to financials and tech as two prime areas for trading opportunities. Prepare yourself with this list of ETFs that are sure to be in play on the back of earnings reports this week. 1) Financial Select Sector SPDR XLF: Pick one of XLF's top holdings and there's a good chance that it is reporting earnings this week. Goldman Sachs GS, Citigroup C, US Bancorp USB and Wells Fargo WFC among other XLF contsituents all step into the earnings confessional this week. Any positive dividend news from USB or Wells could spark XLF higher. 2) SPDR KBW Bank ETF KBE: KBE is home to a few of the names mentioned along with BB&T BBT and SunTrust STI which also report this week. 3) Technology Select Sector SPDR XLK: Even without Apple's AAPL looming earnings update on Tuesday, XLK or any ETF with a large weight to Apple would be in play this week on news of Steve Jobs taking a leave of absence for health reasons. 4) Internet HOLDRs HHH: eBay EBAY reports Wednesday after the close and the stock accounts for more than 18% of HHH's weight. 5) Oil Services HOLDRs OIH: Finish the week with OIH as a play on Schlumberger's SLB earnings report. The world's largest oil services firm reports Friday before the bell and accounts for over 20% of OIH's weight.