ETFs To Watch October 20, 2010 (BZQ, MOO, SKF, UUP)

Here is the ETF Professor's ETF Watch List for Wednesday October 20, 2010. With another spate of bank earnings due out before the bell, put the Financial Select Sector SPDR XLF, the Direxion Daily Financial Bear 3X Shares FAZ and the ProShares UltraShort Financials SKF on your list. Watch mining ETFs such as the Global X Silver Miners ETF SIL, the Market Vectors Gold Miners ETF GDX and the Market Vectors Junior Gold Miners ETF GDXJ after the bloodbath they endured on Tuesday. Expect the Market Vectors Agribusiness ETF MOO to be in play as well. Emerging markets plays of the day: ProShares UltraShort MSCI Brazil BZQ, Direxion Daily Emerging Markets Bear 3X Shares EDZ and the Guggenheim China SmallCap ETF HAO for a potential rebound. Forex play of the day: PowerShares DB US Dollar Index Bullish ETF UUP. Bond play of the day: iShares Barclays 20+ Year Treasury Bond ETF TLT.