ETFs To Watch June 23, 2010 (BZQ, EUO, LBJ, TWM)

Here is the ETF Professor's ETF Watch List for Wednesday June 23, 2010. With small-caps looking weak, have a look at the UltraShort Russell2000 ProShares (NYSE: TWM). The UltraShort Real Estate ProShares (NYSE: SRS) is another fine inverse candidate. The Direxion Daily Latin America Bull 3X Shares (NYSE: LBJ) was down almost 6% on Tuesday. Along those same lines, keep an eye on the UltraShort MSCI Brazil ProShares (NYSE: BZQ). The iShares iBoxx $ High Yield Corporate Bond ETF (NYSE: HYG) could be a nice fixed income play on Wednesday. Expect the Oil Services HOLDRs (AMEX: OIH) to be in play again. With risk appetite waning again, track the UltraShort Euro ProShares (NYSE: EUO). See Some of the Top Moving Indexes Here.