Alyson from California wants to know which ETF stands to benefit form the rise in gas prices?
Pete Najarian recommends the PowerShares Dynamic Energy Explor (PXE) because it has a full range of refiners in its holdings.
John from Tennessee is a farmer and asks if there’s an ETF that mimics the performance of soft commodities like grain and cotton?
Eric Bolling likes PowerShrs DB Agriculture (DBA) because it’s made up of corn, soybean, wheat and sugar – with all the commodities carrying equal weight.
WPLJ Radio personality Rocky Allen calls the guys from New York. He asks which ETF will benefit most from the decline in the dollar?
Guy Adami says if the dollar drops against the yen look at the iShares MSCI Japan Index (EWJ) and WisdomTree Japan SmallCap Div Fd (DFJ). Eric Bolling ads Powershares DB G10 Currency Harvest Fund (DBV) is a fund that bets against the dollar.
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Trader disclosure: On July 3rd 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders Macke Owns (DIS); Najarian Owns (DNDN), (ERIC), (HLT), (JNPR (CBH), (IMMR); Najarian Closed Out Of (BIDU) Today; Bolling Owns (DIS), (T), (XOM), Natural Gas, Corn; Najarian Owned (HOT) On 6/4/07