ETFs To Watch February 8, 2011 (EWT, FXA, XLF, UNG)

Here is the ETF Professor's ETF Watch List for Tuesday February 8, 2011. Sector ETFs to embrace: Vanguard REIT Index ETF (NYSE: VNQ) and the iShares S&P Global Materials ETF (NYSE: MXI). What else is new? The U.S. Natural Gas Fund (NYSE: UNG) was down almost 5% on Monday. Will Tuesday be the day that the Financial Select Sector SPDR (NYSE: XLF) finally breaks $17? Play a pullback in oil with the PowerShares DB Crude Oil Double Short ETN (NYSE: DTO). Emerging markets plays of the day: ProShares UltraShort Brazil (NYSE: BZQ), Market Vectors Vietnam ETF (NYSE: VNM), iShares MSCI Taiwan Index Fund (NYSE: EWT). Forex play of the day: CurrencyShares Australian Dollar Trust (NYSE: FXA). Bond play of the day: PowerShares Emerging Markets Sovereign Debt (NYSE: PCY).