ETFs to Watch August 22, 2012 (BZQ, FAZ, HYD) - ProShares UltraShort MSCI Brazil Capped (ARCA:BZQ), iShares MSCI South Africa Index Fund (ARCA:EZA) - Benzinga

Here is the ETF Professor's ETF Watch List for Wednesday August 22, 2012. Keep an eye on the Direxion Daily Financial Bear 3X Shares (NYSE:

). Index play of the day: ProShares UltraShort S&P500 (NYSE:

). The iShares Gold Trust (NYSE:

) is looking good. Emerging markets plays of the day: ProShares UltraShort Brazil (NYSE:

), Market Vectors Vietnam ETF (NYSE:

) and the iShares MSCI South Africa Index Fund (NYSE:

). Forex play of the day: PowerShares DB Dollar Bearish (NYSE:

). Bond play of the day: Market Vectors High-Yield Muni ETF (NYSE:

).

BZQProShares UltraShort MSCI Brazil Capped

EZAiShares MSCI South Africa Index Fund

FAZDirexion Financial Bear 3X Shares

HYDVanEck High Yield Muni ETF

IAUiShares Gold Trust Shares

UDNInvesco DB USD Index Bearish ETF

VNMVanEck Vietnam ETF

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