ETFs To Watch July 7, 2011 (BND, DRN, IAU, EWY)

Here is the ETF Professor's ETF Watch List for Thursday July 7, 2011. Two days of noteworthy strength for the Global X Silver Miners ETF SIL and the Market Vectors Junior Gold Miners ETF GDXJ makes both worth a look. The Direxion Daily Real Estate Bull Shares DRN was up 2.3% on Wednesday. With gold starting to firm up, trade the iShares Gold Trust IAU. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, Guggenheim China SmallCap ETF HAO and the iShares MSCI South Korea Index Fund EWY. Forex play of the day: CurrencyShares Canadian Dollar Trust FXC. Bond play of the day: Vanguard Total Bond Market ETF BND.