ETFs To Watch August 11, 2011

Here is the ETF Professor's ETF Watch List for Thursday August 11, 2011. Among the only sector funds working from the long side right now are the Global X Silver Miners SIL and the Market Vectors Junior Gold Miners ETF GDXJ. Along those same lines, try the JPMorgan Alerian MLP Index ETN AMJ. The ProShares UltraShort Financials SKF and the ProShares UltraShort Oil & Gas DUG are the ways to play those sectors right now. Emerging Markets plays of the day: ProShares UltraShort Brazil BZQ, ProShares UltraShort FTSE China 25 FXP and the Direxion Daily Emerging Markets Bear 3X Shares EDZ. Forex play of the day: CurrencyShares Japanese Yen Trust FXY. Bond play of the day: Vanguard Total Bond Market ETF BND.