ETFs to Watch May 18, 2012 (SOCL, XLP, JNK)
Here is the ETF Professor's ETF Watch List for Thursday May 18, 2012.
Obvious play of the day: Global X Social Media Index ETF (Nasdaq: SOCL).
But also keep an eye on the ProShares UltraShort QQQ (NYSE: QID).
Make the ProShares UltraShort Oil & Gas (NYSE: DUG) your energy play of the day.
The Consumer Staples Select Sector SPDR (NYSE: XLP) did not look well on Thursday.
Emerging markets plays of the day: IShares MSCI Taiwan Index Fund (NYSE: EWT), Market Vectors Brazil Small-Cap ETF (NYSE: BRF) and the Market Vectors Indonesia ETF (NYSE: IDX).
Forex play of the day: ProShares UltraShort Euro (NYSE: EUO).
Bond play of the day: SPDR Barclays Capital High Yield Bond (NYSE: JNK).
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