ETFs To Watch June 29, 2011 (EMB, EWZ, PBJ, UCO)

Here is the ETF Professor's ETF Watch List for Wednesday June 29, 2011. Play earnings from General Mills GIS with the PowerShares Dynamic Food & Beverage ETF PBJ and the Global X Food ETF EATX. Play follow through on oil's bounce with the ProShares Ultra DJ-UBS Crude Oil UCO. With the Nasdaq over 2,700 the Direxion Daily Semiconductor Bull 3X Shares SOXL could be appealing. Emerging markets plays of the day: iShares MSCI Brazil Index Fund EWZ, Direxion Daily Emerging Markets Bull 3X Shares EDC and the ProShares UltraShort MSCI EAFE EFU. Forex play of the day: CurrencyShares Australian Dollar Trust FXA. Bond play of the day: iShares JPMorgan USD Emerging Markets Bond ETF EMB.