ETFs to Watch January 5, 2012

Here is the ETF Professor's ETF Watch List for Thursday January 5, 2012. The U.S. Natural Gas Fund UNG had a lively day on Wednesday. The Vanguard REIT Index ETF VNQ took a decent haircut on Wednesday. The iShares Nasdaq Biotechnology ETF IBB looks quite strong here. Emerging markets plays of the day: Direxion Daily China Bear 3X Shares YANG, Market Vectors Brazil Small Cap ETF BRF and the EGShares Energy GEMS ETF OGEM. Forex play of the day: PowerShares DB Dollar Bearish UDN. Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares TMV.