Here is the ETF Professor's ETF Watch List for Wednesday September 21, 2011. The ProShares UltraShort Basic Materials (NYSE:
SMN
) posted a solid gain on Tuesday. The Guggenheim Solar ETF (NYSE:
TAN
) looks terrible right now, so watch for short opportunities. The Direxion Daily Small Cap Bear 3X Shares (NYSE:
TZA
) looks good here. Same goes for the iShares Nasdaq Biotechnology ETF (Nasdaq:
IBB
). Emerging markets plays of the day: Direxion Daily Russia Bear 3x Shares (NYSE:
RUSS
), iShares MSCI Thailand Investable Market Index Fund (NYSE:
THD
) and the WisdomTree Emerging Markets SmallCap Dividend Fund (NYSE:
DGS
). Forex play of the day: CurrencyShares British Pound Sterling Trust (NYSE:
FXB
). Bond play of the day: SPDR Barclays Capital High Yield Bond ETF (NYSE:
JNK
).
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