Forget Obama Stocks, think ETF's

President Elect Barack Obama

President Barack Obama is here to stay and rather than betting on a few companies that will prosper, buy a group of companies by using Exchange-Traded-Funds (ETF's).

Think Green, anti-oil, alternative energy and most important, restoring the financial sector and our U.S. Banks.

The ETF's to play? There are plenty more but to get you thinking about them here's a few:

Anti-Oil: ProShares UltraShort Oil & Gas (ETF)  (Public, AMEX:DUG)

Alternative Energy: Claymore/MAC Global Solar Index (ETF)  (Public, NYSE:TAN) and PowerShares WilderHill Clean Energy(ETF)  (Public, NYSE:PBW)

U.S. Financials: Ultra Financials ProShares  (Public, AMEX:UYG) and Financial Select Sector SPDR (ETF)  (Public, AMEX:XLF)

Those Tickers all together: DUG, TAN, PBW, UYG, XLF

The U.S. Economy is the No. 1 priority for Obama.

Analysts said the market expected an Obama victory, and Wednesday's selling was part of a trading pattern known as "buy on the rumor, sell on the news." Investors were also cashing in some of their gains from Tuesday's big rally, which sent the Dow Jones industrials up more than 300 points on expectations that battered stocks would enjoy a traditional yearend rally.

Analysts say investors are focused on the economy rather than the election. They're awaiting a report that's expected to show that the service sector, like the manufacturing sector, shrank in October.

Disclaimer: No positions in any of the securities mentioned in this publication.

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