ETFs To Watch August 20, 2010 (VXX, UBT, EUO, EPV)

Here is the ETF Professor's ETF Watch List for Friday August 20, 2010. Tech looks broken so keep an eye on the UltraShort QQQ ProShares QID and the UltraShort Semiconductor ProShares SSG. The Direxion Daily Small Cap Bear 3X Shares TZA was up 8% on Thursday. With financials looking almost as bad as tech, put the Direxion Daily Financial Bear 3X Shares FAZ on your list. The iPath S&P 500 VIX Short-Term Futures ETN VXX was up more than 4% on Thursday. Make the UltraShort Euro ProShares EUO your currency play for the day. Make the ProShares Ultra 20+ Year Treasury ETF UBT your fixed income play for the day. ETFs that track Europe were hammered on Thursday, so watch the UltraShort MSCI Europe ProShares EPV. With emerging markets looking weak, keep an eye on the UltraShort MSCI Brazil ProShares BZQ.