Here is the ETF Professor's ETF Watch List for Wednesday, January 30, 2013.

Play some defense with the WisdomTree Equity Income Fund (DHS).

Earnings plays: Energy Select Sector SPDR (XLE) and the iShares Dow Jones US Oil & Gas Exploration Index Fund (IEO).

Leveraged play of the day: Direxion Daily Small Cap Bear 3X Shares (TZA).

Emerging markets plays of the day: Market Vectors Egypt ETF (EGPT), iShares MSCI Philippines Investable Market Index Fund (EPHE) and the iShares MSCI South Korea Index Fund (EWY).

Forex play of the day: CurrencyShares Australian Dollar Trust (FXA).

Bond play of the day: Vanguard Total Bond Market ETF (BND).

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