ETFs To Watch October 5, 2010 ( QID, UUP, EEV, SRTY)

Here is the ETF Professor's ETF Watch List for Tuesday October 5, 2010. Even the metals complex was weak on Monday, so keep an eye on the ETFS Physical Palladium Shares (NYSE:

PALL

) for a Tuesday rebound. Monday was unkind to the materials complex, sending the ProShares UltraShort Basic Materials (NYSE:

SMN

) up by more than 3%. With the Nasdaq looking challenged in the near-term, keep an eye on the ProShares UltraShort QQQ (NYSE:

QID

). Emerging markets plays for the day: ProShares UltraShort MSCI Emerging Markets (NYSE:

EEV

), ProShares UltraShort MSCI Brazil (NYSE:

BZQ

) and the iShares MSCI Thailand Investable Market Index Fund (NYSE:

THD

). The ProShares UltraPro Short Russell2000 (NYSE: SRTY) was up more than 4% on Monday. Forex play of the day: PowerShares DB US Dollar Index Bullish (NYSE:

UUP

). Bond play of the day: iShares iBoxx $ Invest Grade Corp Bond ETF (NYSE:

LQD

BZQProShares UltraShort MSCI Brazil Capped

$15.503.28%

Overview

EEVProShares UltraShort MSCI Emerging Markets

$20.612.90%

LQDiShares iBoxx $ Investment Grade Corporate Bond ETF

$110.600.27%

PALLabrdn Physical Palladium Shares ETF

$143.37-0.01%