Below are the top 10 exchange traded funds (ETF) with the best performance this past week out of 94 ETFs. A hot ETF may suggest an industry or commodity that is doing well, so look there for individual stock picks or just trade the ETF for a momentum play.

Week
Change
Last
Close
YTDFundMost Recent Chart Pattern
9.77%$13.60-45.69%UltraShort 2x Oil and Gas ProShares (DUG)Triangle, symmetrical from 10/21/2009 to 12/02/2009
7.33%$9.37-75.90%UltraShort 2x Basic Materials ProShares (SMN)Horn top from 08/17/2009 to 08/31/2009
6.98%$50.8987.65%MSCI Turkey Index (TUR)Pipe bottom from 08/31/2009 to 09/08/2009
5.20%$37.8210.94%Direxion Small Cap Long 3x Russell 2000 (TNA)Pipe bottom from 09/28/2009 to 10/05/2009
4.65%$46.8465.10%Goldman Sachs Semiconductor (IGW)Pipe bottom from 10/26/2009 to 11/02/2009
4.58%$25.37-75.37%UltraShort 2x Financials ProShares (SKF)Head-and-shoulders bottom from 09/23/2009 to 11/11/2009
3.81%$18.52-68.29%Direxion Large Cap Short 3x Russell 1000 (BGZ)Pipe bottom from 08/03/2009 to 08/10/2009
3.76%$9.38-59.52%United States Natural Gas (UNG)Pipe bottom from 08/31/2009 to 09/08/2009
3.40%$30.41-43.22%DJIA short 2x ProShares (DXD)Pipe bottom from 08/03/2009 to 08/10/2009
2.89%$36.70-48.27%S and P short 2x ProShares (SDS)Pipe bottom from 08/03/2009 to 08/10/2009