ETFs To Watch January 27, 2011 (FXC, UXI, OIH, EPU)

Here is the ETF Professor's ETF Watch List for Thursday January 27, 2011. The Guggenheim Global Solar Energy ETF (NYSE: TAN) was unjustly punished on Wednesday, so watch for a Thursday rebound. With several Dow components reporting earnings on Thursday, try the ProShares Ultra Industrials (NYSE: UXI). Oil ETFs were on fire on Wednesday, so let's see if the gains are held with the Oil Services HOLDRs (AMEX: OIH) and the ProShares Ultra Oil & Gas (NYSE: DIG). Emerging markets plays of the day: Market Vectors Indonesia ETF (NYSE: IDX), Market Vectors Vietnam ETF (NYSE: VNM) and the iShares Peru All Capped Investable Market Index Fund (NYSE: EPU). Bond Play of the day: ProShares UltraShort 20+ Year Treasury (NYSE: TBT). Forex play of the day: CurrencyShares Canadian Dollar Trust (NYSE: FXC).