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