ETFs to Watch May 7, 2013 (DXJ, EWZ, TBT)

Benzinga

Here is the ETF Professor's ETF Watch List for Tuesday, May 7, 2013.

The WisdomTree Japan Hedged Equity Fund (NYSE:DXJ) should be in play.

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Keep an eye on the iShares MSCI Australia Index Fund (NYSE:EWA).

The Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT) looks ready to fall again.

Emerging markets plays of the day: iShares MSCI Brazil Index Fund (NYSE:EWZ), Emerging Markets Equity Income Fund (NYSE:DEM) and the Market Vectors Russia Small-Cap ETF (NYSE:RSXJ).

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

Bond play of the day: ProShares UltraShort 20+ Year Treasury (NYSE:TBT).

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