ETFs To Watch July 8, 2011 (DAG, TNA, EPHE, PCY)

Here is the ETF Professor's ETF Watch List for Friday July 8, 2011. With retail and discretionary names on fire, try the SPDR S&P Retail ETF XRT and the Consumer Discretionary Select Sector SPDR XLY. The PowerShares DB Agriculture Double Long ETN DAG is starting to look interesting. With small caps looking strong, trade the Direxion Daily Small Cap Bull 3X Shares TNA. Emerging markets plays of the day: Vanguard MSCI Emerging Markets ETF VWO, Global X FTSE ASEAN 40 ETF ASEA and the iShares MSCI Philippines Invstable Market Index Fund EPHE. Forex play of the day: PowerShares DB US Dollar Index Bearish UDN. Bond play of the day: PowerShares Emerging Markets Sovereign Debt ETF PCY.