Here is the ETF Professor's ETF Watch List for Wednesday April 13, 2011. Direxion Daily Financial Bear 3X Shares (NYSE:
FAZ
) and the ProShares UltraShort Financials (NYSE:
SKF
) as earnings plays. For those willing to bet on a rebound in gold, try the ProShares Ultra Gold (NYSE:
UGL
) and the Market Vectors Junior Gold Miners ETF (NYSE:
GDXJ
). Play a little defense with the Consumer Staples Select Sector SPDR (NYSE:
XLP
) and the PowerShares Dynamic Food & Beverage ETF (NYSE:
PBJ
). Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE:
CZI
), ProShares UltraShort MSCI Emerging Markets (NYSE:
EEV
) and the Market Vectors Russia ETF (NYSE:
RSX
). Forex play of the day: CurrencyShares Japanese Yen Trust (NYSE:
FXY
). Bond play of the day: WisdomTree Asia Local Debt ETF (NYSE:
ALD
).
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