ETFs To Watch August 12, 2010 (SDS, UBT, UUP, EEV)

Here is the ETF Professor's ETF Watchlist for Thursday August 12, 2010. Oil prices look imperiled, so put the PowerShares DB Crude Oil Double Short ETN (NYSE: DTO) on your list. The iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) was more than 7% on Wednesday. This market environment could bring the emphasis back onto two popular ETFs: The PowerShares DB US Dollar Index Bullish ETF (NYSE: UUP) and the SPDR Gold Shares (NYSE: GLD). Try the Short QQQ ProShares (NYSE: PSQ) as a non-leveraged short on the Nasdaq. With the S&P 500 below 1100, try the UltraShort S&P500 ProShares (NYSE: SDS). It's probably best to be short emeerging markets for one more day, so try the UltraShort MSCI Emerging Markets ProShares (NYSE: EEV). Make the ProShares Ultra 20+ Year Treasury ETF (NYSE: UBT) your fixed income play for the day. Short small-caps with the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA). See Some of the Top Moving Indexes Here.