ETFs To Watch July 7, 2010 (SRS, VXX, EDC, SSG)

Here is the ETF Professor's ETF Watch List for Wednesday July 7, 2010. The iPath S&P 500 VIX Short-Term Futures ETN VXX was down more than 4% on Tuesday. The iShares MSCI Taiwan ETF EWT was another 4% gainer on Tuesday. The Direxion Daily Emerging Markets Bull 3X Shares EDC could be ripe for a pullback after a 6% jump on Tuesday. The UltraShort Real Estate ProShares SRS continues to look like a solid trade or you could even deeper with the Direxion Daily Real Estate Bear 3X Shares DRV. Semiconductor names look like they've got some pain ahead of them, so track the UltraShort Semiconductor ProShares SSG. Small-caps still look weak, so trade the UltraShort Russell2000 ProShares TWM. The Market Vectors Junior Gold Miners ETF GDXJ is another one to put on your list if gold keeps pulling back.