ETFs to Watch December 20, 2011

Here is the ETF Professor's ETF Watch List for Tuesday December 20, 2011. Earnings play: Global X Food ETF EATX. The ProShares UltraShort S&P500 SDS looks like a winner. The Market Vectors Steel ETF SLX is looking weaker by the day. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, Vanguard MSCI Emerging Markets ETF VWO and the iShares MSCI South Korea Index Fund EWY. Forex play: ProShares UltraShort Euro EUO. Bond play of the day: SPDR Barclays Capital High Yield Bond ETF JNK.