ETFs To Watch July 28, 2010 (PPA, EUO, ZSL, MXI)

Here is the ETF Professor's ETF Watch List for Wednesday July 28, 2010. Play earnings from Aetna AET with the Health Care Select Sector SPDR XLV. Play earnings from Boeing BA and General Dynamics GD with the PowerShares Aerospace & Defense PPA. Several large utilities report before the bell so keep an eye on the Utilities Select Sector SPDR XLU. Play earnings from Arcelor Mittal MT with the iShares S&P Global Materials MXI. Silver looks topped out, so trade the UltraShort Silver ProShares ZSL. Gold miners look weak, so keep an eye on the Market Vectors Gold Miners ETF GDX. If emerging markets pull back again, play that trend with the Direxion Daily Latin America Bear 3X Shares LHB. Track the Euro with the UltraShort Euro ProShares EUO. Watch for a pullback in oil with the PowerShares DB Crude Oil Double Short ETN DTO. To see more trading ideas, click here.