ETFs To Watch October 7, 2010 (FXA, KOL, UNG, XLY)

Here is the ETF Professor's ETF Watch List for Thursday October 7, 2010. Despite a down day for the S&P 500 on Wednesday, materials names held firm, so keep an eye on the Market Vectors Coal ETF (NYSE:

) and the SPDR S&P Metals & Mining (NYSE:

). Play the jobless claims number with the Consumer Discretionary Select Sector SPDR (NYSE:

). Emerging markets plays for the day: Direxion Daily Latin America Bull 3X Shares (NYSE: LBJ), Guggenheim China SmallCap ETF (NYSE:

) and SPDR S&P Emerging Markets Small Cap (NYSE:

). Currency play of the day: CurrencyShares Australian Dollar Trust (NYSE:

). Bond play of the day: iShares Barclays TIPS Bond ETF (NYSE:

). Keep an eye on the U.S. Natural Gas (NYSE:

) as that ETF was up almost 3% on Wednesday.