ETFs to Watch May 8, 2012 (XLU, EDZ, FXB)
Here is the ETF Professor's ETF Watch List for Tuesday May 8, 2012.
Let's see if the Vanguard MSCI Europe ETF (NYSE: VGK) has any follow through.
The PowerShares DB Gold Double Short ETN (NYSE: DZZ) will be worth a look.
Defensive play: Utilities Select Sector SPDR (NYSE: XLU).
Emerging markets plays of the day: Market Vectors Brazil Small-Cap ETF (NYSE: BRF), iShares MSCI Chile Investable Market Index Fund (NYSE: ECH) and the Direxion Daily Emerging Markets Bear 3X Shares (NYSE: EDZ).
Forex play of the day: CurrencyShares British Pound Sterling Trust (NYSE: FXB).
Bond play of the day: PowerShares Emerging Markets Sovereign Debt ETF (NYSE: PCY).
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