ETFs to Watch August 2, 2012 (BAB, FXC, NUGT)

Here is the ETF Professor's ETF Watch List for Thursday August 2, 2012. Keep an eye on the Direxion Daily Small Cap Bear 3X Shares TZA. The Direxion Daily Gold Miners Bull 3X Shares NUGT will almost certainly be in focus. On light volume, the Market Vectors Pharmaceutical ETF PPH has been solid. Emerging markets plays of the day: ProShares UltraShort FTSE China 25 FXP, iShares MSCI Taiwan ETF EWT and the Direxion Daily India Bear 3X Shares INDZ. Forex play of the day: CurrencyShares Canadian Dollar Trust FXC. Bond play of the day: PowerShares Build America Bond ETF BAB.