ETFs to Watch August 10, 2012 (IAU, MUB, XLP)

Here is the ETF Professor's ETF Watch List for Friday August 10, 2012. The iShares Dow Jones US Telecom Index Fund IYZ looked decent on Thursday. The iShares Gold Trust IAU appears to be perking up. Investors could play some defense with the Consumer Staples Select Sector SPDR XLP. Emerging markets plays of the day: iShares MSCI Mexico Investable Market Index Fund EWW, Market Vectors Indonesia Small-Cap ETF IDXJ and ProShares UltraShort FTSE China 25 FXP. Forex play of the day: CurrencyShares Australian Dollar Trust FXA. Bond play of the day: iShares S&P National AMT-Free Muni Bond ETF MUB.