ETFs To Watch October 7, 2010 (FXA, KOL, UNG, XLY)

Here is the ETF Professor's ETF Watch List for Thursday October 7, 2010. Despite a down day for the S&P 500 on Wednesday, materials names held firm, so keep an eye on the Market Vectors Coal ETF KOL and the SPDR S&P Metals & Mining XME. Play the jobless claims number with the Consumer Discretionary Select Sector SPDR XLY. Emerging markets plays for the day: Direxion Daily Latin America Bull 3X Shares LBJ, Guggenheim China SmallCap ETF HAO and SPDR S&P Emerging Markets Small Cap EWX. Currency play of the day: CurrencyShares Australian Dollar Trust FXA. Bond play of the day: iShares Barclays TIPS Bond ETF TIP. Keep an eye on the U.S. Natural Gas UNG as that ETF was up almost 3% on Wednesday.