ETFs to Watch January 31, 2013 (DBC, ELD, YCS)

Here is the ETF Professor's ETF Watch List for Thursday January 31, 2013.

With small-caps looking weak, give the Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) a spin.

The PowerShares DB Commodity Index Tracking ETF (NYSE:DBC) is looking interesting.

Give the WisdomTree Global ex-US Utilities ETF (NYSE:DBU) a look.

Emerging markets plays of the day: ProShares UltraShort MSCI Brazil (NYSE:BZQ), Global X FTSE ASEAN 40 ETF (NYSE:ASEA) and the Global X FTSE Colombia 20 ETF (NYSE:GXG).

Forex play of the day: ProShares UltraShort Yen (NYSE:YCS).

Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE:ELD).

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