ETFs To Watch June 4, 2010 (SLX, TQQQ, XOP, UUP)

Here is the ETF Professor's ETF Watch List for Friday June 4, 2010. Steel names looked weak on Thursday, so keep an eye on the Market Vectors Steel ETF SLX. Play the jobs number with the SPDR Gold Shares GLD, the PowerShares DB US Dollar Index Bullish ETF UUP and the ProShares UltraShort 20+ Year Treasury ETF TBT. With oil starting to perk up, keep an eye on the SPDR S&P Oil & Gas Exploration & Production ETF XOP. The First Trust ISE-Revere Natural Gas Index FCG was up nearly 4% on Thursday. The iShares MSCI Spain Index EWP was one of the weaker international ETFs on Thursday, so put it on your list for Friday. Another oil play worth watching is the ProShares Ultra Oil & Gas ETF DIG. With tech looking strong, watch the ProShares UltraPro QQQ TQQQ.