ETFs to Watch August 30, 2012 (XLB, VGK, FXA)

Here is the ETF Professor's ETF Watch List for Thursday August 30, 2012. The Materials Select Sector SPDR XLB could be ready for a slide. The ProShares UltraShort Silver ZSL is starting to look interesting. Believe it or not, the Vanguard MSCI Europe ETF VGK has been performing well lately. Emerging markets plays of the day: ProShares UltraShort FTSE China 25 FXP, iShares MSCI Chile Investable Market Index Fund ECH and the iShares MSCI Taiwan Index Fund EWT. Forex play of the day: CurrencyShares Australian Dollar Trust FXA. Bond play of the day: iShares iBoxx $ Investment Grade Corporate Bond Fund LQD.