ETFs To Watch May 5, 2011 (DZZ, EWZ, FXY, SCO)

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Here is the ETF Professor's ETF Watch List for Thursday May 5, 2011. The most obvious of choices: SPDR Gold Shares
GLD
, iShares Silver Trust
SLV
, ProShares UltraShort Silver
ZSL
and the PowerShares DB Gold Double Short ETN
DZZ
. The Oil Services HOLDRs
OIH
could be in major trouble if support at $150 doesn't hold. Solid inverse ideas: ProShares UltraShort S&P500
SDS
and the ProShares UltraShort DJ-UBS Crude Oil
SCO
. Emerging markets plays of the day: ProShares Ultra FTSE China 25
XPP
, iShares MSCI Brazil Index Fund
EWZ
and the Market Vectors Russia ETF
RSX
. Forex play of the day: CurrencyShares Japanese Yen Trust
FXY
. Bond play of the day: iShares Barclays 20+ Year Treasury Bond
TLT
.
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Posted In: Long IdeasNewsSector ETFsBroad U.S. Equity ETFsShort IdeasSpecialty ETFsEmerging Market ETFsCurrency ETFsPre-Market OutlookIntraday UpdateMarketsETFs
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