ETFs To Watch July 22, 2010 (DOG, TBT, FXY, EDC)

Here is the ETF Professor's ETF Watch List for Thursday July 22, 2010. Play earnings from Continental Airlines with the Claymore/NYSE Arca Airline ETF (NYSE: FAA). With six Dow components reporting on Thursday, play the DIAMONDS Trust (NYSE: DIA) or the Short Dow30 ProShares (NYSE: DOG). Plenty of regional banks report tomorrow, so keep an eye on the SPDR KBW Regional Banking ETF (NYSE: KRE). Play earnings from Diamond Offshore (NYSE: DO) with Oil Services HOLDRs (AMEX: OIH). If those bank earnings don't pan out, try the UltraShort Financials ProShares (NYSE: SKF). The iShares MSCI Singapore Index (NYSE: EWS) was down almost 3% on Wednesday as was the Direxion Daily Emrg Markets Bull 3X Shares (NYSE: EDC). Make the CurrencyShares Japanese Yen Trust (NYSE: FXY) your currency play for the day. The UltraShort 20+ Year Treasury ProShares (NYSE: TBT) was down more than 3% on Wednesday.