A Look Ahead: Next Week's ETFs To Watch

At the time of this writing, there are still a few minutes left in the trading day, but it's safe to say that this has been an interesting. Despite a holiday-shortened week, U.S. stocks and ETFs seemed to pack 10 days of excitement into four days and with the Libya situation not yet cured, this weekend could be an eventful one as well. With that, let's get a jump on the week ahead by looking at some ETFs that should present traders with some solid opportunities in either direction. 1) Global X/InterBolsa FTSE Colombia 20 ETF GXG: GXG found support just above $38 and has become a winner thanks to higher oil prices. Speaking of oil, Ecopetrol EC, Colombia's largest oil company and GXG's second-largest holding at over 16% of the ETF's weight, reports earnings on Monday after the close. 2) Any ETF with big Apple AAPL exposure: With the iPad 2 scheduled to be unveiled next week, shares of Apple will once again be in the spotlight, not that they ever left. Can't afford Apple's lofty stock price? Try the PowerShares QQQ QQQQ or the Technology Select Sector SPDR XLK. 3) Two plays with a caveat: If Moammar Gaddafi's regime falls in Libya over the weekend, it will almost certainly be a boon for ETFs with exposure to that corner of the globe, so remember to watch the Market Vectors Gulf States Index ETF MES and the WisdomTree Middle East Dividend ETF GULF. 4) Global X Silver Miners ETF SIL: Really, betting against silver these days is just a recipe for disaster. 5) iShares MSCI Italy Index Fund EWI: EWI has been all over the place this week and with its heavy weight to Eni E, any good news out of Libya could easily trickle down to EWI, making it worth a look from the long side.