ETFs To Watch May 20 (EWS, DGZ, EFZ, ZSL)

Here is the ETF Professor's ETF Watchlist for Thursday May 20, 2010. With gold looking poised for a fall, watch the PowerShares DB Gold Short ETN DGZ. The same can be said for silver, so watch the ProShares UltraShort Silver ETF ZSL. On continued weakness in global equity markets, track the ProShares Short MSCI EAFE EFZ. The iShares MSCI Brazil Index EWZ continues to get smashed. On that note, keep an eye on the Direxion Daily Latin America Bear 3X Shares LHB. Several key European ETFs were up on Wednesday, a theme that may short-lives, so keep an eye on the ProShares UltraShort MSCI Europe ETF EPV. Financials are likely to be weak, meaning the ProShares Short Financials SEF will be in play. Watch the iShares MSCI Singapore Index EWS on that country's bullish GDP report.