ETFs to Watch May 16, 2012 (BOND, DUG, EDZ)

Here is the ETF Professor's ETF Watch List for Wednesday May 16, 2012. Silver's goose looks cooked so trade the ProShares UltraShort Silver ZSL. Another obvious play: ProShares UltraShort Oil & Gas DUG. The ProShares UltraShort Real Estate SRS looks poised to breakout. Emerging markets plays of the day: WisdomTree Emerging Markets Equity Income Fund DEM, iShares MSCI Philippines Investable Market Index Fund EPHE and the Direxion Daily Emerging Markets Bear 3X Shares EDZ. Forex play of the day: PowerShares DB US Dollar Index Bullish UUP. Bond play of the day: PIMCO Total Return ETF BOND. Read more: http://www.benzinga.com/trading-ideas/long-ideas/12/05/2591706/etfs-to-watch-may-16-2012-bond-dug-edz#ixzz1uzOvisHP