ETFs To Watch July 27, 2011

Here is the ETF Professor's ETF Watch List for Wednesday July 27, 2011. Earnings plays: Energy Select Sector SPDR XLE, PowerShares Aerospace & Defense ETF PPA and the Market Vectors Gaming ETF BJK. The First Trust ISE Cloud Computing ETF SKYY held up pretty well on Tuesday. Metals plays: ETFS Physical Palladium Shares PALL and the iShares Silver Trust SLV. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, ProShares UltraShort FTSE China 25 FXP and the Market Vectors Vietnam ETF VNM. Forex play of the day: PowerShares DB US Dollar Index Bearish UDN. Bond play of the day: ProShares UltraShort 20+ Year Treasury TBT.