ETFs To Watch July 28, 2010 (PPA, EUO, ZSL, MXI)

Here is the ETF Professor's ETF Watch List for Wednesday July 28, 2010. Play earnings from Aetna

AET

with the Health Care Select Sector SPDR

XLV

. Play earnings from Boeing

and General Dynamics

with the PowerShares Aerospace & Defense

PPA

. Several large utilities report before the bell so keep an eye on the Utilities Select Sector SPDR

XLU

. Play earnings from Arcelor Mittal

with the iShares S&P Global Materials

MXI

. Silver looks topped out, so trade the UltraShort Silver ProShares

ZSL

. Gold miners look weak, so keep an eye on the Market Vectors Gold Miners ETF

GDX

. If emerging markets pull back again, play that trend with the Direxion Daily Latin America Bear 3X Shares

LHB

. Track the Euro with the UltraShort Euro ProShares

EUO

. Watch for a pullback in oil with the PowerShares DB Crude Oil Double Short ETN

DTO

. To see more trading ideas,