ETFs To Watch May 14, 2010 (EUM, DTO, FXE, XRT)

Here is the ETF Professor's ETF Watch List for Friday May 15, 2010. With oil prices continuing to look weak, go long the PowerShares DB Crude Oil Double Short ETN DTO. Emerging markets aren't looking great either, so take a look at the ProShares Short MSCI Emerging Markets ETF EUM. Consumer discretionary names took it on the chin on Thursday, so watch the SPDR S&P Retail ETF XRT on Friday. The Swiss Franc may be an interesting play on gold and a weak Euro, so have a look at the CurrencyShares Swiss Franc Trust FXF. The ProShares UltraShort MSCI Europe ETF EPV was almost 4% on Thursday. The iShares MSCI Spain Index EWP is looking like it wants to resume its bearish ways. The Euro's fundamentals stink, but the technicals indicate a near-term bounce may be in store, so watch the CurrencyShares Euro Trust FXE. The Semiconductor HOLDRs ETF SMH was down more than 3% on Thursday.