ETFs to Watch May 8, 2012 (XLU, EDZ, FXB)

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