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 SLV and the SPDR Gold Shares GLD. The SPDR S&P Homebuilders ETF XHB was up almost 3% on Tuesday. Materials names are perking up again, so keep an eye on the iShares S&P Global Materials ETF MXI. With small-caps looking strong, try the Direxion Daily Small Cap Bull 3X Shares TNA. Emerging markets plays of the day: Direxion Daily Latin America Bull 3X Shares (LBJ), iShares MSCI Thailand Investable Market Index Fund THD and the iShares MSCI South Africa Index Fund EZA. Forex play of the day: PowerShares DB US Dollar Index Bearish ETF UDN. Bond play of the day: Direxion Daily 30 Yr Trsy Bull 3X Shares TMF.