DUG

Investors are worried about Earnings season, add to it the decreasing global energy demand and oil falls below $50 a barrel today, the ETFs to play are DIG and DUG.

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

Oil rose above $50 a barrel today as as Kuwait and Qatar indicated they will implement supply cuts announced by OPEC last month.  Then there's that whole thing about Russia cutting natural gas shipments to Europe.

OPEC agreed today to reduce production by 2.2 million barrels a day, the largest cut ever done by OPEC, they are doing everything to prevent oil prices from falling.

If World Bank Economist Hans Timmer is right about oil and food prices to keep falling, then playing a few of the Short ETFs might not be such a bad idea

The average cost of gas per gallon right now, $1.75, the lowest in 5 years, good thing we all freaked out this summer, unbelievable.

Cheaper crude is here to stay and Merrill Lynch says oil may go below $25 in 2009 if the global recession spills into China.

Checking back on the Obama ETF's, some great gains thanks to the U.S. Financials recovering today.  The UYG is up 5.7% this morning.

What a day to be long the Obama ETF's, with the winner being the U.S. Ultra Financials ProShares  (AMEX:UYG) up 30% today, let's review the list.

Big Oil and the U.S. Financials continue to get hammered this week, as the stock prices drop it continues to benefit the ProShares Short ETF's, namely the (AMEX:DUG) and (AMEX:SKF)