ETFs To Watch October 5, 2010 ( QID, UUP, EEV, SRTY)

Here is the ETF Professor's ETF Watch List for Tuesday October 5, 2010. Even the metals complex was weak on Monday, so keep an eye on the ETFS Physical Palladium Shares PALL for a Tuesday rebound. Monday was unkind to the materials complex, sending the ProShares UltraShort Basic Materials SMN up by more than 3%. With the Nasdaq looking challenged in the near-term, keep an eye on the ProShares UltraShort QQQ QID. Emerging markets plays for the day: ProShares UltraShort MSCI Emerging Markets EEV, ProShares UltraShort MSCI Brazil BZQ and the iShares MSCI Thailand Investable Market Index Fund THD. The ProShares UltraPro Short Russell2000 SRTY was up more than 4% on Monday. Forex play of the day: PowerShares DB US Dollar Index Bullish UUP. Bond play of the day: iShares iBoxx $ Invest Grade Corp Bond ETF LQD.