ETFs To Watch October 21, 2010 (FAA, BWX, EWT, GDXJ)

Here is the ETF Professor's ETF Watch List for Thursday October 21, 2010. Airlines were strong on Wednesday, so watch the Guggenheim Airline ETF (NYSE: FAA) for follow through. The Market Vectors Junior Gold Miners (NYSE: GDXJ) was up by almost 3.6% on Wednesday. The ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO) was up more than 5% on Wednesday. Another materials play to watch: iShares S&P Global Materials ETF (NYSE: MXI). Emerging markets plays of the day: Direxion Daily Latin America Bull 3X Shares (NYSE: LBJ), ProShares Ultra FTSE/Xinhua China 25 (NYSE: XPP) and the iShares MSCI Taiwan Index Fund (NYSE: EWT). Forex play of the day: ProShares Ultra Euro (NYSE: ULE). Bond play of the day: SPDR Barclays Capital International Treasury Bond ETF (NYSE: BWX).