Another Look at the Obama ETFs

The time is upon us, Obama takes Office tomorrow, so let's review the Obama ETFs and make some money in the market.

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

Name	Symbol	Last price	Mkt cap	Avg vol	52wk high	52wk low	EPS	P/E	Fw P/E	Beta
ProShares UltraShort Oil & Gas...	DUG	25.42	717.30M	16.68M	86.5	20.52
Claymore/MAC Global Solar Index...	TAN	7.81		412,000.00	30.79	5.4
PowerShares WilderHill Clean...	PBW	8.20	574.82M	974,000.00	23.96	6.18	(15.43)			1.92
ProShares Ultra Financials (ETF)	UYG	3.84	1.70B	105.28M	43.5	3.22
Financial Select Sector SPDR...	XLF	9.68	2.63B	131.95M	29.93	8.67	(5.53)			1.16

What are other ETFs that could rally under Obama?

Can Obama Boost Wind Stocks?
January 16, 2009 11:43 AM ET | Kirk Shinkle

In his proposed stimulus package, Barack Obama is including some love for the wind sector.

Jefferies backs its "buy" ratings on European wind giants Gamesa and Vestas thanks to the inclusion of a multi-year extension of the production tax credits, plus some means of making such credits "refundable." It's not clear exactly how the plan would work, but the end result of a "refundable" credit scheme could be more expansion for the wind industry as the cost of reselling tax credits to investors would improve.

The wind sector has been hit hard by the credit crunch, with shares of ETFs like the First Trust Global Wind Energy (FAN) and PowerShares Global Wind Energy (PWND) falling by more than half in the last year. The credit change won't solve lending worries for the sector, but along with the possibility of increased investment (possibly some $10 billion to $20 billion from the proposed National Clean Energy Lending Authority, Jefferies says) the sector could be in for at least a bit of a thaw.

Jefferies says: "Clearly it is very early stages and final improvements/alterations to the wind incentive program in the US must still get through Congress and the Senate. However, we are increasingly optimistic as the incoming Obama administration seems to be re-affirming its campaign commitment to renewable energy."