ETFs To watch September 30, 2010 (TAN, FXY, CZM, UCO)

Here is the ETF Professor's ETF Watch for Thursday September 30, 2010. On news of some problems for Irish banks, keep an eye on the iShares MSCI Ireland Capped Investable Market Index Fund EIRL. The ProShares Ultra DJ-UBS Crude Oil UCO was up more than 4% on Wednesday. The Guggenheim Solar ETF TAN had a strong day on Wednesday as well. Emerging markets plays of the day: Direxion Daily China Bull 3X Shares CZM, iShares MSCI All Peru Capped Index Fund EPU and the SPDR S&P Emerging Markets Small Cap EWX. Forex play of the day: CurrencyShares Japanese Yen Trust FXY. Bond play of the day: PowerShares Fundamental High Yield Corporate Bond ETF PHB. Go big with energy equities and trade the Direxion Daily Energy Bull 3X Shares ERX.