ETFs To Watch August 25, 2010 (KOL, FAZ, YCS, SMN)

Here is the ETF Professor's ETF Watch List for Wednesday August 25, 2010. Play earnings from BHP Billiton

with the iShares S&P Global Materials ETF

. On downgrade news, try the iShares MSCI Ireland Capped Investable Market Index Fund

. Oil's tumble is having a negative impact on the Market Vectors Russia ETF

, but the PowerShares DB Crude Oil Double Short ETN

looks promising. The Market Vectors Coal ETF

lost almost 3% on Tuesday. The UltraShort 20+ Year Treasury ProShares

is simply the best bond ETF to trade at this point. The Bank of Japan may getting close to intervening to weaken the Yen, so keep an eye on the UltraShort Yen ProShares

. The UltraShort Basic Materials ProShares

was up more than 5% on Tuesday. Why be long financials? In other words, trade the UltraShort Basic Materials ProShares

.