Here is the ETF Professor's ETF Watch List for Tuesday December 2, 2010. Let's see if this market rally is for real with the ProShares Ultra S&P500 (NYSE:
SSO
) and the ProShares Ultra Dow30 (NYSE:
DDM
). The Global X Uranium ETF (NYSE:
URA
) is looking a good trade these days. Leveraged plays for the day: Direxion Daily Small Cap Bull 3X Shares (NYSE:
TNA
) and Direxion Daily Financial Bull 3X Shares (NYSE:
FAS
). With materials looking strong, play the SPDR S&P Metals & Mining (NYSE:
XME
). Emerging markets plays of the day: iShares MSCI Brazil Index Fund (NYSE:
EWZ
), Market Vectors Indonesia ETF (NYSE:
IDX
) and the iShares MSCI Peru All Capped Index (NYSE:
EPU
). Forex play of the day: CurrencyShares Canadian Dollar Trust (NYSE:
FXC
). Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE:
ELD
).
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