ETFs to Watch October 18, 2012 (FAA, GXC, XLP)

Here is the ETF Professor's ETF Watch List for Thursday October 18, 2012.

Earnings plays: Guggenheim Airline ETF (NYSE:FAA) and the iShares Dow Jones Transportation Average (NYSE:IYT).

The First Trust Dow Jones Internet Index Fund (NYSE:FDN) should be worth a look.

Keep an eye on the Consumer Staples Select Sector SPDR (NYSE:XLP).

Emerging markets plays of the day: Global X FTSE Colombia 20 ETF (NYSE:GXG), SPDR S&P China ETF (NYSE:GXC) and EGShares India Small-Cap ETF (NYSE:SCIN).

Currency play of the day: ProShares UltraShort Euro (NYSE:EUO).

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