ETFs to Watch July 10, 2012 (XLP, FXP, VWO)

Here is the ETF Professor's Watch List for Tuesday July 10, 2012. The Consumer Staples Select Sector SPDR XLP still looks decent. The iShares Gold Trust IAU is in a curious technical position. The same can be said of the Market Vectors Oil Services ETF OIH. Emerging markets plays of the day: Direxion Daily Russia Bear 3X Shares RUSS, Vanguard MSCI Emerging Markets ETF VWO and the ProShares UltraShort FTSE China 25 FXP. Currency play of the day: CurrencyShares Swiss Franc Trust FXF. Bond play of the day: PowerShares Emerging Markets Sovereign Debt ETF PCY.