ETFs to Watch July 5, 2012 (FCG, HYD, USO)

Here is the ETF Professor's ETF Watch List for Thursday July 5, 2012. The Market Vectors Gold Miners ETF GDX looked strong on Tuesday. Also keep an eye on the Market Vectors Steel Miners ETF SLX. Energy plays: U.S. Oil Fund USO and the First Trust ISE-Revere Natural Gas Index Fund FCG. The SPDR Dow Jones International Real Estate ETF RWX has been a pleasant surprise as of late. Emerging markets plays of the day: Market Vectors Russia ETF RSX, Guggenheim China Small-Cap ETF HAO and the iShares MSCI Chile Investable Market Index Fund ECH. Forex play of the day: PowerShares DB Dollar Bearish UDN. Bond play of the day: Market Vectors High-Yield Muni ETF HYD.