ETFs to Watch July 3, 2012 (TNA, XLB, PCY)

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Here is the ETF Professor's ETF Watch List for Tuesday July 3, 2012. The iShares Nasdaq Biotechnology ETF
IBB
continues to impress. Keep an eye on the Direxion Daily Small Cap Bull 3X Shares
TNA
. Give the Materials Select Sector SPDR
XLB
a look. Emerging markets plays of the day: iShares MSCI South Korea Index Fund
EWY
, Market Vectors Egypt ETF
EGPT
and the Market Vectors Africa Index ETF
AFK
. Forex play of the day: CurrencyShares British Pound Sterling Trust
FXB
. Bond play of the day: PowerShares Emerging Markets Sovereign Debt
PCY
.
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