ETFs to Watch January 31, 2012

Here is the ETF Professor's ETF Watch List for Tuesday January 31, 2012. Earnings plays: Energy Select Sector SPDR XLE and the PowerShares QQQ QQQ. If the market continues to pull back, trade the Direxion Daily Financial Bear 3X Shares FAZ. The Guggenheim Solar ETF TAN is flirting with $3 again. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, iShares MSCI Thailand Investable Market Index Fund THD and the ProShares UltraShort Emering Markets EEV. Forex play of the day: ProShares UltraShort Euro EUO. Bond play of the day: PowerShares Fundamental High Yield Corporate Bond ETF PHB.