ETFs To Watch May 4, 2011 (PHB, BZQ, REMX, EEV)

Here is the ETF Professor's ETF Watch List for Wednesday May 4, 2011. Two candidates for the unjustly punished club: Market Vectors Coal ETF KOL and the Market Vectors Rare Earths/Strategic Metals ETF REMX. There was actually some good news for the Global X Uranium ETF URA on Tuesday, but the ETF was caught in the broader market downturn. Inverse plays of the day: Direxion Daily Small Cap Bear 3X Shares TZA and the ProShares UltraShort Silver ZSL. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, ProShares UltraShort MSCI Emerging Markets EEV and the iShares MSCI Thailand Investable Market Index Fund THD. Forex play of the day: CurrencyShares Swiss Franc Trust FXF. Bond play of the day: PowerShares Fundamental High Yield Corporate Bond ETF PHB.