ETFs to Watch May 4, 2012 (SOCL, BOND, UUP)

Here is the ETF Professor's ETF Watch List for Friday May 4, 2012. The iShares Gold Trust IAU looks like it could be in trouble. Keep an eye on the Global X Social Media Index ETF SOCL. Put the ProShares UltraShort Silver ZSL on your radar. The SPDR S&P Oil & Gas Exploration & Production ETF XOP is worth a look. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, Market Vectors Egypt ETF EGPT and the iShares MSCI Chile Investable Market Index Fund ECH. Forex play of the day: PowerShares DB Dollar Bullish UUP. Bond play of the day: PIMCO Total Return ETF BOND.