ETFs To Watch November 20, 2009 (PGJ, SLV, TAN, XRT, IAI)

Here is the ETF Professor's ETF Watchlist for Friday November 20, 2009.

Let's start with an interesting China play that may have one more day of declines in it, but is primed for a bullish move: The PowerShrares Golden Dragon China ETF (NYSE: PGJ).

European ETFs retreated on Thursday, so take a look at the iShares MSCI EMU Index (NYSE: EZU) and the SPDR S&P Emerging Europe ETF (NYSE: GUR).

The iShares Securities Broker-Dealers ETF (NYSE: IAI) is one of the few ETFs that made a lower low in October and it's starting to look weak again.

A couple of solar stocks were in the news on Thursday, making the Claymore/MAC Global Solar Energy (NYSE: TAN) and the Market Vectors Solar ETF (NYSE: KWT) worth watching on Friday.

A play on Gap's (NYSE: GPS) earnings: the SPDR S&P Retail ETF (NYSE: XRT).

Smallcaps remain under pressure, so keep an eye on the iShares Russell 2000 Index Fund ETF (NYSE: IWM).

Let's make the iShares Silver Trust (NYSE: SLV) our precious metals play. SLV is up 8% in the past five days.