ETFs To Watch August 5, 2010 (MXI, DUG, TAO, JJG)

Here is the ETF Professor's ETF Watch List for Thursday August 5, 2010. Play earnings from Rio Tinto (NYSE:

) with the iShares S&P Global Materials ETF (NYSE:

). Play Walt Disney (NYSE:

) with the Consumer Discret Select Sector SPDR (NYSE:

). Fertilizer and agriculture companies have been showing some strength lately, so keep an eye on the Market Vectors Agribusiness ETF (NYSE:

). With news of China doing some risk testing with property developers, trade the Claymore/AlphaShares China Real Estate ETF (NYSE:

). Here's a play on rising wheat prices: The iPath DJ-UBS Grains TR Sub-Index ETN (NYSE:

). If emerging markets ETFs are sluggish again, go with a leveraged play like the Direxion Daily Latin America Bull 3X Shares (NYSE: LBJ) or the Direxion Daily China Bull 3X Shares (NYSE: CZM). With oil prices looking strong, try the UltraShort Oil & Gas ProShares (NYSE:

). Go back to the CurrencyShares British Pound Sterling Trust (NYSE:

) as a currency play.