ETFs To Watch July 8, 2011 (DAG, TNA, EPHE, PCY)

Here is the ETF Professor's ETF Watch List for Friday July 8, 2011. With retail and discretionary names on fire, try the SPDR S&P Retail ETF (NYSE: XRT) and the Consumer Discretionary Select Sector SPDR (NYSE: XLY). The PowerShares DB Agriculture Double Long ETN (NYSE: DAG) is starting to look interesting. With small caps looking strong, trade the Direxion Daily Small Cap Bull 3X Shares (NYSE: TNA). Emerging markets plays of the day: Vanguard MSCI Emerging Markets ETF (NYSE: VWO), Global X FTSE ASEAN 40 ETF (NYSE: ASEA) and the iShares MSCI Philippines Invstable Market Index Fund (NYSE: EPHE). Forex play of the day: PowerShares DB US Dollar Index Bearish (NYSE: UDN). Bond play of the day: PowerShares Emerging Markets Sovereign Debt ETF (NYSE: PCY).