ETFs To Watch May 27, 2010 (OIH, ECH, UGL, KOL)

Here is the ETF Professor's ETF Watch List for Thursday May 27, 2010. Oil looks like it is starting to perk up, so watch the OIL Services HOLDRs OIH and the U.S. Oil Fund USO. The Market Vectors Indonesia ETF IDX gained almost 5% yesterday and the iShares MSCI Chile Investable Market ECH was up more than 3%, so make those your emerging markets plays. With futures pointing higher, the Euro may be due for a bounce, so track the CurrencyShares Euro Trust FXE. The Market Vectors Coal ETF KOL could be worth a trade from the long side if it remains above $30. The iShares MSCI Spain Index EWP was down almost 5% yesterday. Watch gold prices with the ProShares Ultra Gold ETF UGL.