Here is the ETF Professor's ETF Watch List for Thursday February 23, 2012.

No surprise here: Watch the iShares Gold Trust (NYSE: IAU).

Precious metals part II: ETFS Physical Palladium Shares (NYSE: PALL).

More commodities: PowerShares DB Agriculture Fund (NYSE:

A day after a highly anticipated (and fretted about) Greek debt deal was announced, which briefly pushed the Dow Jones Industrial Average over 13,000, the U.S. stock market recorded modest losses. The Dow shed 27 points and closed at just above 12,938. The widely watched blue-chip index traded in a range between 12,915 and 12,978 in a light news day.

Pacific Drilling S.A. (NYSE: PACD) announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend an option to construct a seventh ultra-deepwater drillship until March 2, 2012, on the same commercial terms including a delivery date of May 17, 2014.

Belgian business sentiment improves to -7.7 in Feb from -9.5 in January ahead of Ifo tomorrow
US existing home sales rise 4.3% in January from  downwardly revised December figures
LCH cuts extra margin on Irish debt to 15% from 25%
Greek debt swap law passes in committee, heads to full Parliament for a vote Thursday
Merkel repeats call for European transaction tax; Euro area countries must do