ETFs To Watch March 24, 2011 (YCS, SDY, UYM, EEV)

Here is the ETF Professor's ETF Watch List for Thursday March 24, 2011.

The Market Vectors Gold Miners ETF (NYSE: GDX) and the Global X Silver Miners ETF (NYSE: SIL) were stout performers on Wednesday.

The IQ Canada Small Cap ETF (NYSE: CNDA) is looking like a fine oil play.

Try the ProShares Ultra Basic Materials (NYSE: UYM) as another materials play.

Let's see if dividend stocks perk up with the SPDR S&P Dividend ETF (NYSE: SDY).

Emerging markets plays of the day: Direxion Daily Latin America Bear 3X Shares (NYSE: LHB), Market Vectors Egypt ETF (NYSE: EGPT) and the ProShares UltraShort MSCI Emerging Markets (NYSE: EEV).

Forex play of the day: ProShares UltraShort Yen (NYSE: YCS).

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