ETFs to Watch August 17, 2012 (FXA, VHT, XOP)

Here is the ETF Professor's ETF Watch List for Friday August 17, 2012:

The Technology Select Sector SPDR (NYSE:XLK) continues to impress.

The SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP) looks like it wants to move higher.

Go conservative with the Vanguard Health Care ETF (NYSE:VHT).

Emerging markets plays of the day: Direxion Daily Latin America Bull 3X Shares (NYSE: LBJ), Market Vectors Egypt Index ETF (NYSE:EGPT) and the ProShares UltraShort FTSE China 25 (NYSE:FXP).

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

Bond play of the day: SPDR Barclays Capital High Yield Bond (NYSE:JNK).