ETFs To Watch September 8, 2010 (GLD, EWH, TLT, LBJ)

Here is the ETF Professor's ETF Watch List for Wednesday September 8, 2010. European banks will likely be in play again, so keep an eye on the iShares MSCI Europe Financials Index Fund (Nasdaq:

). Small caps are looking weak and challenged again, making the Direxion Daily Small Cap Bear 3X Shares (NYSE:

) worth a look. The iPath DJ-UBS Sugar TR Sub-Index ETN (NYSE:

) continues to be one of the strong commodities out there. Speaking of commodities, oil looks like it's in for another down day, so try the ProShares UltraShort DJ-UBS Crude Oil (NYSE:

). The Direxion Daily Latin America Bull 3X Shares (NYSE: LBJ) was down more than 4% on Tuesday. Wednesday's forex play: WisdomTree Dreyfus Emerging Currency ETF (NYSE:

). The iShares MSCI Hong Kong Index Fund (NYSE:

) was one of the few emerging markets that was up on Tuesday. Keep an eye on the SPDR Gold Shares (NYSE:

) as it makes its way to another all-time high. Make the iShares Barclays 20+ Year Treasury Bond ETF (NYSE:

) your bond play for the day.