Here is the ETF Professor's ETF Watch List for Wednesday, August 21, 2013.

The ProShares UltraShort Financials (SKF) should be in play.

Give the PowerShares Buyback Achievers ETF (PKW) a look.

Play some defense with the Consumer Staples Select Sector SPDR (XLP).

Emerging markets plays of the day: iShares MSCI Capped Brazil ETF (EWZ), Market Vectors Indonesia ETF (IDX) and the iShares MSCI Emerging Markets ETF (EEM).

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

Bond play of the day: PowerShares Senior Loan Portfolio (BKLN).

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