ETFs To Watch May 23, 2011 (MUB, SKF, CZI, UUP)

Here is the ETF Professor's ETF Watch List for Monday May 23, 2011. The Market Vectors Junior Gold Miners ETF GDXJ was one few of the long sector ETFs in the green on Friday. On a related note, try the SPDR Gold Shares GLD as well. If the Nasdaq drops below 2,800, trade the ProShares UltraShort QQQ QID. Leveraged bear plays of the day: Direxion Daily Small Cap Bear 3X Shares TZA and the ProShares UltraShort Financials SKF. Emerging markets plays of the day: Market Vectors Vietnam ETF VNM, ProShares UltraShort Brazil BZQ and Direxion Daily China Bear 3X Shares CZI. Forex play of the day: PowerShares DB US Dollar Index Bullish UUP. Bond play of the day: iShares S&P National AMT-Free Muni Bond ETF MUB.