ETFs to Watch February 8, 2012

Here is the ETF Professor's ETF Watch List for Wednesday February 8, 2012. Keep an eye on the Consumer Staples Select Sector SPDR XLP. Still loving the iShares Gold Trust IAU and the iShares Silver Trust SLV. The iShares Nasdaq Biotechnology ETF IBB is looking a tad overbought. Give the Global X Gold Explorers ETF GLDX a look. Emerging markets plays of the day: Market Vectors Indonesia ETF IDX, iShares MSCI Chile Investabe Market Index Fund ECH and the iShares MSCI Turkey Investable Market Index Fund TUR. Forex play of the day: PowerShares DB Dollar Bearish UDN. Bond play of the day: SPDR Barclays Capital High Yield Bond ETF JNK.