ETFs to Watch December 21, 2011

Here is the ETF Professor's ETF Watch List for Wednesday December 21, 2011. In its first day of a trading as a Market Vectors ETF, watch the Market Vectors Oil Services ETF

. Will gold's rebound continue? Find out with the iShares Gold Trust

. The Direxion Daily Russia Bear 3X Shares

was down almost 15% on Tuesday. The Global X Silver Miners ETF

was up almost 5% on Tuesday. Emerging markets plays of the day: iShares MSCI Brazil Index Fund

, Market Vectors Russia ETF

and the Market Vectors India Small Cap ETF

. Forex play of the day: CurrencyShares Australian Dollar Trust

. Bond play of the day: SPDR Barclays Capital High Yield Bond ETF

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