ETFs to Watch September 28, 2012 (HYG, QQQ, UNG)

Here is the ETF Professor's ETF Watch List for Friday September 28, 2012. Still a mess: The iShares MSCI Spain Index Fund EWP. Index play of the day: PowerShares QQQ QQQ. Keep an eye on the U.S. Natural Gas Fund UNG. Emerging plays of the day: iShares MSCI Malaysia Index Fund EWM, iShares MSCI Philippines Investable Market Index Fund EPHE and the WisdomTree Emerging Markets Small-Cap Dividend Fund DGS. Forex play of the day: WisdomTree Dreyfus Brazilian Real ETF BZF. Bond play of the day: iShares iBoxx $ High Yield Corporate Bond ETF HYG.