ETFs To Watch On November 6, 2009 (XOP, FXA, VEA, UYG, SSO)

Here is the ETF Professor's ETF Watchlist for Friday November 6, 2009.

Given the bullish ways of stocks on Thursday, it may pay to take a broad-based approach on Friday, especially if the jobs number is good. The Vanguard Total Stock Market ETF (NYSE: VTI) and the Ultra S&P500 ProShares (NYSE: SSO).

Financials were of course invited to the party on Thursday and will likely make another appearance on Friday. Keep an eye on the Ultra Financials ProShares (NYSE: UYG) and the SPDR KBW Bank (NYSE: KBE).

On the back of Australia's economic growth forecast, for the third time this week, the Professor recommends the CurrencyShares Australian Dollar Trust (NYSE: FXA).

With the PowerShares DB US Dollar Index Bullish (NYSE: UUP) unable to issue more shares, the Market Vectors Double Short Euro (NYSE: DRR) may worth a look.

Here's a new oil and gas play: the SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP).

Here's one with a truly global tilt assuming the jobs report is good and Asia and Europe anticipated that fact before U.S. markets open: the Vanguard Europe Pacific ETF (NYSE: VEA).