Here is the ETF Professor's ETF Watch List for Thursday February 16, 2012. If Apple (Nasdaq:
AAPL
) remains under pressure, trade the ProShares UltraShort QQQ (NYSE:
QID
). The Direxion Daily Small Cap Bear 3X Shares (NYSE:
TZA
) remains an alluring pullback trade. The SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:
XOP
) has a surprisingly strong chart. Emerging markets plays of the day: Market Vectors Brazil ETF (NYSE:
BRF
), Direxion Daily Emerging Markets Bear 3X Shares (NYSE:
EDZ
) and the Guggenheim China Small Cap ETF (NYSE:
HAO
). Forex play of the day: ProShares UltraShort Yen (NYSE:
YCS
). Bond play of the day: PowerShares Emerging Markets Sovereign Debt ETF (NYSE:
PCY
).
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