ETFs to Watch May 9, 2012 (FAZ, XLU, EUO)

Here is the ETF Professor's ETF Watch List for Wednesday May 9, 2012. Keep an eye on the Direxion Daily Financial Bear 3X Shares FAZ. The PowerShares Dynamic Media Portfolio PBS could be one to watch. Play defense with the Utilities Select Sector SPDR XLU. Play offense with the ProShares UltraShort Oil & Gas DUG. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, Market Vectors Russia ETF RSX and the Direxion Daily Latin America Bear 3X Shares LHB. Forex play of the day: ProShares UltraShort Euro EUO. Bond play of the day: PIMCO Total Return ETF BOND.