ETFs To Watch April 20, 2011 (FXB, EUM, SLX, HYD)

Here is the ETF Professor's ETF Watch List for Wednesday April 20, 2011. Earnings plays: iShares Dow Jones Transportation Average IYT, Market Vectors Steel ETF SLX and the Materials Select Sector SPDR XLB. The Direxion Daily Energy Bull 3X Shares ERX and the U.S. Natural Gas Fund UNG were both up over 3% on Tuesday. The Global X Uranium ETF URA looks like it may finally be finding a bottom. Emerging markets plays of the day: Market Vectors Egypt ETF EGPT, iShares MSCI Turkey Investable Market Index Fund TUR and the ProShares Short MSCI Emerging Markets EUM. Forex play of the day: CurrencyShares British Pound Sterling Trust FXB. Bond play of the day: Market Vectors High-Yield Muni ETF HYD.