ETFs To Watch November 8, 2010 (CHIQ, DIG, FXC, TMF)

Here is the ETF Professor's ETF Watch List for Monday November 8, 2010. As commodities prices continue to rise, be careful with ETFs like the Consumer Staples Select Sector SPDR XLP. On that note, with oil looking firm overnight, try the U.S. Oil Fund USO and the ProShares Ultra Oil & Gas DIG. Let's see if it financials are for real with the ProShares Ultra Financials UYG. Emerging markets plays of the day: Global X China Consumer ETF CHIQ, First Trust ISE Chindia Index FNI and the Market Vectors Russia ETF RSX. Forex play of the day: CurrencyShares Canadian Dollar Trust FXC. Bond play of the day: Direxion Daily 30 Yr Treasuy Bull 3X Shares TMF.