ETFs to Watch December 22, 2011

Here is the ETF Professor's ETF Watch List for Thursday December 22, 2011. The Vanguard Materials ETF VAW was down almost 2% on Wednesday. The Direxion Daily Energy Bull 3X Shares ERX was a top performer among leveraged funds. Keep an eye on the iShares Dow Jones Transportation ETF IYT. Emerging markets plays of the day: iShares MSCI Taiwan Index Fund EWT, Market Vectors Russia ETF RSX and the Vanguard MSCI Emerging Markets ETF VWO. Forex play of the day: WisdomTree Dreyfus Chinese Yuan CYB. Bond play of the day: ProShares UltraShort 20+ Year Treasury TBT.