ETFs To Watch August 10, 2010 (IDX, UNG, KOL, BGZ)

By The ETF Professor
Benzinga Staff Writer
August 10, 2010 12:37 AM

Symbols: EWM, FXC, HAO, IDX, KOL, SKF, TAN, UNG, XLY, DIS

Posted in: Long Ideas, Sector ETFs, News, Earnings, Short Ideas, Broad U.S. Equity ETFs, Guidance, Specialty ETFs, Emerging Market ETFs, Currency ETFs, Pre-Market Outlook, Trading Ideas, ETFs

Here is the ETF Professor's ETF Watch List for Tusday August 10, 2010.

Play earnings from Walt Disney (NYSE: DIS) with the Consumer Discret Select Sector SPDR (NYSE: XLY).

Several Chinese small-cap names report earnings tomorrow, so keep an eye on the Claymore/AlphaShares China Small Cap ETF (NYSE: HAO).

A couple of solar names also deliver results, making the Claymore/MAC Global Solar Energy ETF (NYSE: TAN) worth watching.

On the back of M&A rumors, the Market Vectors Coal ETF (NYSE: KOL) is definitely in play.

Two emerging markets plays from the long side: The iShares MSCI Malaysia Index Fund (NYSE: EWM) and the Market Vectors Indonesia ETF (NYSE: IDX).

Make the CurrencyShares Canadian Dollar Trust (NYSE: FXC) your currency play for the day.

The U.S. Natural Gas Fund (NYSE: UNG) was down almost 4% on Monday.

Financials look kind of medicore, so track the UltraShort Financials ProShares (NYSE: SKF).

Brace for a pullback with the Direxion Daily Large Cap Bear 3X Shares (NYSE: BGZ).

We're Loving