In his State of the Union address Tuesday, President Barack
Obama touched upon the major problems that have crippled our nation
and offered an essential directive to invest in our future. If
Obama's proposals become actualities, something that's not
necessarily a certainty, then the exchange traded funds (ETFs)
below could make moves.
President Obama stressed the need to "win the future," or the
greater need for innovations in research and technology, with
countries like
China and India
looking right over our shoulders,
report Anne E. Komblut and Scott Wilson for
The Washington Post
.
-
iShares Dow Jones U.S. Technology Sector Index Fund
(NYSEArca: IYW)
-
Technology Select Sector SPDR (NYSEArca: XLK)
-
PowerShares QQQ (
QQQQ
)
In light of the steep budget deficits, Obama called for major
budget reforms, proposing a five-year halt in discretionary
spending and billions in defense cuts.
Defense ETFs
could see declines if defense contractors don't have other things
going to generate revenue.
-
PowerShares Aerospace & Defense (NYSEArca:
PPA)
-
iShares Dow Jones U.S. Aerospace & Defense
(NYSEArca: ITA)
Obama specifically addressed the need to increase math and
science teacher training, along with investing in and developing
clean-energy technology
. Additionally, he remarked upon the investments in
infrastructure
and
energy innovation
, which he has also discussed in his first address to Congress in
2009.
-
Market Vectors Global Alternative Energy (NYSEArca:
GEX)
-
PowerShares WilderHill Clean Energy (NYSEArca:
PBW)
-
ESG Shares North America Sustainability (NYSEArca:
NASI)
-
First Trust NASDAQ Clean Edge Smart Grid Infrastructure
Index Fund (NYSEArca: GRID)
Additionally, he stands by his
health-care overhaul
, but he is willing to accept minor changes to "flaws" in the law,
but he maintains that he is not willing to "go back to the days
when insurance companies could deny someone coverage because of a
preexisting condition."
-
iShares Nasdaq Biotechnology (
IBB
)
-
SPDR S&P Biotech ETF
(NYSEArca: XBI)
-
First Trust Amex Biotech (NYSEAca: FBT)
-
iShares Dow Jones U.S. Healthcare Provider (NYSEArca:
IHF)
-
PowerShares Dynamic Pharmaceuticals (NYSEArca:
PJP)
-
First Trust Health Care AlphaDEX (NYSEArca:
FXH)
Max Chen contributed to this article
.