ETFs To Watch June 2, 2011 (BZQ, GLD, DUG, SRTY)

Here is the ETF Professor's ETF Watch List for Thursday June 2, 2011. The SPDR Gold Shares

held up pretty well on Wednesday. On the other hand, nothing involved with oil stocks did. Trade the ProShares UltraShort Oil & Gas

and the PowerShares DB Crude Oil Double Short ETN

. If you have to be long a sector fund, try the Health Care Select Sector SPDR

for a less bad way to get through the week. With small-caps looking poised for more pain, try the ProShares UltraPro Short Russell2000

. Emerging markets plays of the day: ProShares UltraShort Brazil

, Direxion Daily China Bear 3X Shares

and the Market Vectors Russia ETF

. Forex play of the day: ProShares UltraShort Euro

. Bond play of the day: Direxion Daily 20+ Yr Treasury Bull 3X Shares

.