ETFs To Watch August 22, 2011

Here is the ETF Professor's ETF Watch List for Monday August 22, 2011. The iShares MSCI Italy Index Fund EWI could get a bounce on the Libya news. The best way to play financials: Direxion Daily Financial Bear 3X Shares FAZ. Health care ETFs look a little less bad, so try the Health Care Select Sector SPDR XLV. The Global X Silver Miners ETF SIL is another long side opportunity. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, ProShares UltraShort FTSE China 25 FXP and the ProShares Short MSCI EAFE EFZ. Currency play of the day: CurrencyShares Canadian Dollar Trust FXC. Bond play of the day: Direxion Daily 20+ Yr Treasury Bull 3X Shares TMF.