ETFs To Watch July 21, 2010 (XLB, EWA, UCO, MTK)

Here is the ETF Professor's ETF Watch List for Wednesday July 21, 2010. Play Apple's AAPL earnings with the PowerShares QQQ QQQQ and the SPDR Morgan Stanley Technology ETF MTK. Play earnings from Morgan Stanley MS and Wells Fargo WFC with the Financial Select Sector SPDR XLF and the iShares Dow Jones US Financial Sector ETF IYF. If those numbers disappoint, try the Direxion Daily Financial Bear 3X Shares FAZ. For Freeport McMoRan's FCX, trade the Materials Select Sector SPDR XLB. The iShares MSCI Australia Index Fund EWA was up more than 3% on Tuesday. The Market Vectors Coal ETF KOL was up more than 4% on Tuesday. Let's see if oil can continue to move higher with the Ultra DJ-UBS Crude Oil ProShares UCO. Make the CurrencyShares Euro Trust FXE your forex play for the day.