Here is the ETF Professor's ETF Watch List for Thursday, February 7, 2013.

The Direxion Daily Financial Bear 3X Shares (FAZ) could be worth a look.

Defensive play: First Trust Consumer Staples AlphaDEX Fund (FXG).

Commodities play: PowerShares DB Commodity Index Tracking Fund (DBC).

Emerging markets plays of the day: WisdomTree India Earnings ETF (EPI), Global X Brazil Consumer ETF (BRAQ) and the Global X FTSE Colombia 20 ETF (GXG).

Forex play of the day: CurrencyShares Canadian Dollar Trust (FXC).

Bond play of the day: Market Vectors High-Yield Muni ETF (HYD).

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