ETFs to Watch December 21, 2011

Here is the ETF Professor's ETF Watch List for Wednesday December 21, 2011. In its first day of a trading as a Market Vectors ETF, watch the Market Vectors Oil Services ETF OIH. Will gold's rebound continue? Find out with the iShares Gold Trust IAU. The Direxion Daily Russia Bear 3X Shares RUSS was down almost 15% on Tuesday. The Global X Silver Miners ETF SIL was up almost 5% on Tuesday. Emerging markets plays of the day: iShares MSCI Brazil Index Fund EWZ, Market Vectors Russia ETF RSX and the Market Vectors India Small Cap ETF SCIF. Forex play of the day: CurrencyShares Australian Dollar Trust FXA. Bond play of the day: SPDR Barclays Capital High Yield Bond ETF JNK.