ETFs To Watch November 3, 2010 (XHB, EZA, THD, UDN)

Here is the ETF Professor's ETF Watch List for November 3, 2010. Ahead of the Fed meeting, gold and silver look like fine plays, so keep an eye on the iShares Silver Trust

and the SPDR Gold Shares

. The SPDR S&P Homebuilders ETF

was up almost 3% on Tuesday. Materials names are perking up again, so keep an eye on the iShares S&P Global Materials ETF

. With small-caps looking strong, try the Direxion Daily Small Cap Bull 3X Shares

. Emerging markets plays of the day: Direxion Daily Latin America Bull 3X Shares (LBJ), iShares MSCI Thailand Investable Market Index Fund

and the iShares MSCI South Africa Index Fund

. Forex play of the day: PowerShares DB US Dollar Index Bearish ETF

. Bond play of the day: Direxion Daily 30 Yr Trsy Bull 3X Shares

.