ETFs To Watch May 20 (EWS, DGZ, EFZ, ZSL)

Here is the ETF Professor's ETF Watchlist for Thursday May 20, 2010. With gold looking poised for a fall, watch the PowerShares DB Gold Short ETN (NYSE:

). The same can be said for silver, so watch the ProShares UltraShort Silver ETF (NYSE:

). On continued weakness in global equity markets, track the ProShares Short MSCI EAFE (NYSE:

). The iShares MSCI Brazil Index (NYSE:

) continues to get smashed. On that note, keep an eye on the Direxion Daily Latin America Bear 3X Shares (NYSE: LHB). Several key European ETFs were up on Wednesday, a theme that may short-lives, so keep an eye on the ProShares UltraShort MSCI Europe ETF (NYSE:

). Financials are likely to be weak, meaning the ProShares Short Financials (NYSE:

) will be in play. Watch the iShares MSCI Singapore Index (NYSE:

) on that country's bullish GDP report.