ETFs To Watch August 20, 2010 (VXX, UBT, EUO, EPV)

Here is the ETF Professor's ETF Watch List for Friday August 20, 2010. Tech looks broken so keep an eye on the UltraShort QQQ ProShares (NYSE: QID) and the UltraShort Semiconductor ProShares (NYSE: SSG). The Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA) was up 8% on Thursday. With financials looking almost as bad as tech, put the Direxion Daily Financial Bear 3X Shares (NYSE: FAZ) on your list. The iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) was up more than 4% on Thursday. Make the UltraShort Euro ProShares (NYSE: EUO) your currency play for the day. Make the ProShares Ultra 20+ Year Treasury ETF (NYSE: UBT) your fixed income play for the day. ETFs that track Europe were hammered on Thursday, so watch the UltraShort MSCI Europe ProShares (NYSE: EPV). With emerging markets looking weak, keep an eye on the UltraShort MSCI Brazil ProShares (NYSE: BZQ).