ETFs To Watch December 31, 2010 (KIE, FXA, SGG, EWY)

Here is the ETF Professor's ETF Watch List for Friday December 31, 2010. With this being the last trading day of the year, let's watch precious metals with the SPDR Gold Shares

and the ETFS Physical Palladium Shares

. The iPath DJ-UBS Sugar TR Sub-Index ETN

lost almost 10% on Thursday. Keep an eye on the SPDR KBW Insurance ETF

as a play on financials. Emerging markets plays of the day: Market Vectors Brazil SmallCap ETF

, iShares MSCI South Korea Index Fund

and the PowerShares India ETF

. Forex play of the CurrencyShares Australian Dollar Trust

. Bond play of the day: iShares S&P CA AMT-Free Municipal Bond ETF

.