by Robert W. Colby, Senior Analyst TraderPlanet.com
Stock market: 6-week downtrend continued.
Stock Sector Relative Strength major trends also continued.
Energy Stock Sector Relative Strength Ratio rose to another new all-time high, again confirming a major uptrend.
Financial Stock Sector absolute price fell to its lowest level in more than 5 years, while the XLF/SPY Relative Strength Ratio fell to its lowest level in 8 years.
Industrial Stock Sector absolute price and the XLI/SPY Relative Strength Ratio both fell to their lowest levels in more than 5 months, again confirming a Bearish trend.
Consumer Discretionary Stock Sector absolute price fell to its lowest level in 5 months.
CRB index of commodity prices moved up to another a new all-time high.
Crude Oil August futures contract broke out to a new all-time high.
On Friday, major stock price indexes opened on a firm note and made a modest attempt to rally in the morning hours, but the attempt did not attract a following. Stocks turned down in the afternoon and closed weakly, near the lowest quarter of the day’s High-Low range. The S&P 500 closed at 1,278.38, down 4.77 points or 0.37%. Total NYSE volume rose 19%, confirming the Bearish trend.
The breadth of the market was Bearish. The Advance-Decline Balance ((A-D) / (A+D)) was-24.40%, the Up-Down Volume balance ((Up-Dn) / (Up+Dn)) was -23.38%, and the New Highs-New Lows balance ((H-L) / ( H+L)) was -81.14% on the NYSE. The Cumulative Daily A-D Line for the NYSE made a another new 3-month low, while the A-D Line for the Nasdaqfell to another new multi-year low.
On 5/22/08, this daily update stated, “The popular S&P DEP RECEIPTS (AMEX: SPY)… broke down below an uptrend line rising from its 3/17/08 low. That uptrend line was the lower boundary line of a Bearish Rising Wedge pattern. That breakdown implies a test of the March low.” The market appears to be at such a critical juncture now.
The S&P 500 has fallen 10.39% since its rally high close of 1,426.63 on 5/19/08. Consistently, I have been assuming that the March-May rally was nothing more than a counter-trend rally and Secondary Reaction Continuation Pattern within the context of a Primary Bearish Trend. The Primary Trend is the dominant force. Still, the short-term general market action has been subject to rapid and frequent change, so a cautious approach still seems prudent.
Spotlight on event stocks: Here is a stock screen I designed to pick out potential “event” stocks, both Bullish and Bearish. Sometimes, stocks with large changes in price and volume are revealed to be deal stocks, sooner or later, or are the subject of some other extraordinary events, positive or negative.
Bullish Stocks: Rising Price and Rising Volume
% Price Change, Symbol, Name
14.75% , SIRI , Sirius Satellite
2.02% , MV , METAVANTE TECHNOLOGIES, MV
4.76% , AZO , AUTOZONE
9.35% , XMSR , XM Satellite R
5.19% , MYL , MYLAN LABS
2.35% , RX , IMS HEALTH
2.31% , MCK , MCKESSON CORP
2.14% , PWER , POWER ONE
2.81% , VC , VISTEON
4.13% , OXY , OCCIDENTAL
2.15% , MRK , MERCK & CO
2.11% , FRX , FOREST LABS STK A
2.80% , HMA , HEALTH MGMT STK A
3.20% , BMY , BRISTOL MYERS
3.55% , NOVL , NOVELL
1.48% , PXE , Energy Exploration & Prod, PXE
3.85% , KG , KING PHARM
3.48% , SGP , SCHERING PLOUGH
1.17% , SYK , STRYKER
1.36% , OMX , OFFICEMAX INC., OMX
2.10% , KSS , KOHLS
0.70% , SSCC , Smurfit-Stone Container Corporation
1.79% , SLV , Silver Trust iS, SLV
2.13% , HES , AMERADA HESS
1.24% , BIIB , BIOGEN IDEC
2.75% , TIN , TEMPLE INLAND
2.78% , BIG , BIG LOTS
3.35% , GRMN , GARMIN LTD
1.28% , BDX , BECTON DICKINSON
1.33% , CI , CIGNA
2.14% , MMC , MARSH & MCLENNAN
2.01% , DXD , Short 200% Dow 30 PS, DXD
1.82% , AET , AETNA
1.24% , CSX , CSX
0.58% , VAW , Materials VIPERs, VAW
1.00% , MWV , MEADWESTVACO
0.48% , TIP , Bond, TIPS, TIP
1.80% , TDC , Teradata Corporation, TDC
1.71% , ITT , ITT INDS
0.32% , PEG , PUBL SVC ENTER
Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-1.54% , JKI , Value MidCap iS M, JKI
-8.09% , SANM , SANMINA
-5.43% , ERIC.O , LM Ericsson Telephone Company
-8.79% , IGT , INTL GAME TECH
-10.56% , ABK , AMBAC FINL GRP
-1.31% , HHH , Internet H, HHH
-0.25% , FPX , IPOs, First Tr IPOX-100, FPX
-2.20% , MIL , MILLIPORE
-2.98% , CC , CIRCUIT CITY STR
-4.35% , HAS , HASBRO
-2.46% , LPX , LOUISIANA PAC
-3.92% , TLAB , TELLABS
-12.73% , MU , MICRON TECH
-4.03% , SOV , SOVEREIGN BANC
-2.75% , DDS , DILLARD STK A
-0.92% , PKB , Building & Construction, PKB
-4.91% , ETFC.O , E*TRADE FINANCIAL
-3.28% , STT , STATE STREET
-3.42% , GLW , CORNING
-4.59% , EMC , EMC
-3.07% , XLNX , XILINX
-2.53% , NWS.A , NEWS CORP STK A
-1.55% , IYK , Consumer Non-Cyclical, IYK
-3.00% , PDCO , Patterson Dental Company
-2.88% , AMP , Ameriprise Financial Inc.
-2.31% , AW , ALLIED WASTE IND
-0.75% , PHJ , Dividend Growth PS, PHJ
-1.26% , DLX , DELUXE
-1.56% , KCE , Capital Markets KWB ST, KCE
-0.54% , PZI , Micro Cap Zachs, PZI
-1.01% , NYT , NY TIMES STK A
-4.42% , WYNN , Wynn Resorts L
-1.68% , XLY , Consumer Discretionary SPDR, XLY
-2.65% , DYN , DYNEGY
-3.50% , JPM , J P MORGAN CHASE
-10.87% , WOR , WORTHINGTON INDS
-2.02% , TUP , TUPPERWARE
-2.16% , CR , CRANE
-3.88% , XL , XL CAPITAL STK A
-2.52% , ADBE , ADOBE SYS
Sectors: among the 9 major U.S. sectors, 2 rose and 7 fell.
Major Sectors Ranked for the Day
% Price Change, Sector ETF, Symbol
0.88% Energy SPDR, XLE
0.67% Health Care SPDR, XLV
-0.10% Materials SPDR, XLB
-0.85% Utilities SPDR, XLU
-1.04% Consumer Staples SPDR, XLP
-1.33% Technology SPDR, XLK
-1.58% Financial SPDR, XLF
-1.68% Consumer Discretionary SPDR, XLY
-2.88% Industrial SPDR, XLI
Primary Tide Trends for the 9 major sectors last for years. Here are my up-to-date Relative Strength Rankings, as measured with emphasis on these long-term Primary Tide Trends (listed in order of long-term relative strength):
Energy (XLE) Neutral, Market Weight. On 6/27/08, XLE/SPY Relative Strength Ratio rose to another new all-time high, again confirming a major uptrend.
Materials (XLB) Neutral, Market Weight. On 6/23/08, XLB/SPY Relative Strength Ratio rose to another new all-time high, again confirming a major uptrend.
Utilities (XLU) Neutral, Market Weight. On 6/25/08, XLU/SPY Relative Strength Ratio rose to a new all-time high, confirming a major uptrend. Since 10/17/02, the XLU/SPY Relative Strength Ratio has outperformed substantially.
Consumer Staples (XLP) Neutral, Market Weight. On 6/25/08, XLP /SPY Relative Strength Ratio rose to another new 12-week high. For nearly 8 years, since 9/27/00, the XLP/SPY Relative Strength Ratio has outperformed, so the long-term trend is up.
Technology (XLK) Neutral, Market Weight. On 6/6/08, the XLK/SPY Relative Strength Ratio rose to a new 5-month high, confirming an improving intermediate-term trend.
Industrial (XLI) Bearish, Underweight. On 6/27/08, both the XLI absolute price and the XLI/SPY Relative Strength Ratio fell to their lowest levels in more than 5 months, again confirming a Bearish trend.
Health Care (XLV) Bearish, Underweight. On 6/20/08, the XLV absolute price fell to its lowest level in nearly 2 years, since 7/18/06. Since 10/9/02, the XLV/SPY Relative Strength Ratio has underperformed substantially. On 5/15/08, the XLV/SPY Relative Strength Ratio fell to another new 6-year low, again confirming the existing Primary Bearish trend.
Consumer Discretionary (XLY) Bearish, Underweight. Since 1/5/05, the XLY/SPY Relative Strength Ratio has underperformed substantially. On 6/27/08, the XLY absolute price fell to its lowest level in 5 months.
Financial (XLF) Bearish, Underweight. On 6/26/08, the XLF absolute price fell to its lowest level in more than 5 years, while the XLF/SPY Relative Strength Ratio fell to its lowest level in 8 years. Since 3/23/04, the XLF/SPY Relative Strength Ratio has underperformed substantially.
Foreign stock index EFA absolute price and Relative Strength Ratio both fell to their lowest levels in 3 months on 6/25/08. Since 5/23/08, EFA has underperformed the U.S. stock market. EFA is the ETF representing the EAFE, the international developed country stock markets, ex the U.S. and Canada.
NASDAQ Composite has been outperforming the S&P 500 since 3/3/08. On 6/19/08, NASDAQ Composite Relative Strength Ratio rose to a new 8-month high.
Growth Stock/Value StockRelative Strength Ratio rose to another new 3-year high on 6/23/08. Long term, the Growth/Value ratio (IWF/IWD) has been in an uptrend since 8/8/06.
The Small Cap/Large Cap Relative Strength Ratio rose to a new 11-month high on 6/20/08. The major trend appears to be turning to Small Caps.
Crude Oil August futures contract broke out to a new all-time high. Trends are reconfirmed Bullish in all time frames. U.S. OIL FUND ETF (AMEX: USO) is not a pure play on Crude Oil, although it generally moves in the same direction.
The Energy stock sector has underperformed Crude Oil since 12/10/07.
Gold August futures contract moved up to another new 4-week high, confirming a Bullish trend for the intermediate term. Gold’s long-term trend remains Bullish.
U.S. Treasury Bond September futures contract broke out to a new 5-week high. This probably reflects flight capital away from stocks. Obvious resistance is nearby, and so the sustainability of this rally seems uncertain.
The U.S. dollar broke down below the lows of the previous 13 trading days. The short-term trend remains down. Intermediate-term, the dollar has been in a choppy sideways trading range since its low on 3/17/08. The long-term Primary Tide trend is still Bearish.
The Art of Contrary Thinking: Traders need to be extremely nimble to keep up with rapid changes in the mass mood of late. The business and financial news has flipped from fear to hope and back again many times in recent months, creating an extremely choppy trading environment. Investors’ moods and stock volatility have jumped up and down abruptly with the latest “reports”. When mass psychology shifts so dramatically and unpredictably from hope to fear, without warning, risk control becomes more important than aggressive profit seeking. Stay flexible.
Sentiment/Contrary Opinion: There were 33.7 % Bulls versus 39.3% Bears as of 6/25/08, according to the weekly Investors Intelligence survey of newsletter advisors. The Bull/Bear ratio fell to 0.86, down from 0.97 the previous week. The ratio’s 38-year range is 0.28 to 17.51, and the median is 1.47.
VIX “Fear Index”, now at 23.44, indicates rising fear since 5/15/08. VIX fell from a peak of 32.64 on 3/17/08 to a low of 16.30 on 5/15/08, indicating decreasing Fear. The all-time high was 45.74 on 10/8/98. The all-time low was 9.89 on 1/24/07. VIX is a market estimate of expected constant 30-day volatility, calculated by weighting S&P 500 Index CBOE option bid/ask quotes spanning a wide range of strike prices for the two nearest expiration dates.
VXN “Fear Index”, now at 28.67, shows rising fear since 5/16/08. Previously, VXN fell from a peak of 35.63 on 1/22/08 to a low of 20.00 on 5/16/08, indicating decreasing Fear. The all-time high was 114.23 on 10/8/98. The all-time low was 12.61 on 7/29/05. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.
CBOE Put/Call Ratio is 0.81, which indicates moderately Bearish sentiment. Its 4-year simplemoving averageand median are 0.62, and its 4-year range is 0.35 to 1.28.
ISEE Call/Put Ratio is 1.12, which indicates Bearish sentiment. The ratio’s 4-year simple moving average is 1.50, 4-year median is 1.47, and 4-year range is 0.51 to 3.04.
Fundamentals: The 2003-2007 Bull Market was fed by abundant global liquidly, M&A, leveraged buyouts, corporate stock buybacks, and the net balance of positive earnings surprises. The unfolding fallout from the subprime credit market crisis has derailed that engine. Economic statistics and corporate earnings have weakened.
A new intermediate-term down wave was signaled on 6/11/08, when the Dow-Jones Industrials and Transports both closed at new 7-week lows. The Dow Theory confirmed a PrimaryBearMarketon 11/21/07 when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed below their respective closing price lows of August, 2007.
To discover the next Resistance, traders probably will be watching how the market acts at the following levels for the Standard & Poor’s 500 cash index (1,278.38):
Potential Resistance
1,576.09, high of 10/11/2007
1,552.76, high of 10/31/2007
1,523.57, high of 12/11/2007
1,498.85, high of 12/26/2007
1,440.24, high of 5/19/2008
1,406.32, high of 5/29/2008
To discover the next Support, traders probably will be watching how the market acts at the following levels for the S&P 500 cash index (1,278.38):
Potential Support
1,256.98, low of 3/17/2008
1,224.54, low of 7/18/2006
1,219.29, low of 6/14/2006
1,214.45, low of 11/4/2005
1,201.07, low of 11/2/2005
1,168.20, low of 10/13/2005
1,163.23, high of 3/5/2004
1,159.86, low of 5/17/2005
1,153.64, low of 5/16/2005
1,146.18, low of 5/13/2005
1,139.14, low of 4/29/2005
1,136.37, low of 4/20/2005
Daily Rankings of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
3.00% Metals & Mining SPDR, XME
2.38% South Africa Index, EZA
2.01% Short 200% Dow 30 PS, DXD
1.79% Silver Trust iS, SLV
1.48% Energy Exploration & Prod, PXE
1.43% Energy Global, IXC
1.36% Australia Index, EWA
1.31% Singapore Index, EWS
1.20% Pharmaceuticals, PJP
1.17% Bond, 20+ Years Treasury, TLT
1.15% Oil Services H, OIH
1.14% Short 200% MidCap 400 PS, MZZ
1.06% Water Resources, PHO
1.04% Energy DJ, IYE
1.00% Biotech SPDR, XBI
0.98% Natural Resource iS GS, IGE
0.97% Basic Materials DJ US, IYM
0.97% Emerging Markets, EEM
0.95% Gold SharesS.T., GLD
0.89% Mexico Index, EWW
0.88% Energy SPDR, XLE
0.85% Short 100% Dow 30, DOG
0.83% Energy VIPERs, VDE
0.82% Emerging VIPERs, VWO
0.81% Pacific ex-Japan, EPP
0.81% Pacific VIPERs, VPL
0.78% Short 200% S&P 500 PS, SDS
0.78% Malaysia Index, EWM
0.75% Oil & Gas, PXJ
0.68% Value Line Timeliness MidCap Gr, PIV
0.67% Health Care SPDR, XLV
0.62% Japan LargeCap Blend TOPIX 150, ITF
0.61% Spain Index, EWP
0.58% Materials VIPERs, VAW
0.57% Japan Index, EWJ
0.56% Oil, Crude, U.S. Oil Fund, USO
0.51% China 25 iS, FXI
0.49% Bond, 10 Year Treasury, IEF
0.48% Growth SmallCap R 2000, IWO
0.48% Bond, TIPS, TIP
0.47% Europe 350 S&P Index, IEV
0.46% Emerging 50 BLDRS, ADRE
0.44% Austria Index, EWO
0.42% Canada Index, EWC
0.42% Growth Small Cap DJ, DSG
0.40% Biotechnology, IBB
0.38% Healthcare DJ, IYH
0.36% Biotech H, BBH
0.32% Health Care VIPERs, VHT
0.31% Belgium Index, EWK
0.29% Transportation Av DJ, IYT
0.28% Ultra QQQ Double, QLD
0.26% EAFE Index, EFA
0.26% Commodity Tracking, DBC
0.25% Short 100% S&P 500, SH
0.24% Pharmaceutical H, PPH
0.24% Bond, Aggregate, AGG
0.23% Homebuilders SPDR, XHB
0.21% Euro STOXX 50, FEZ
0.20% Brazil Index, EWZ
0.18% European VIPERs, VGK
0.17% Value SmallCap S&P 600, RZV
0.17% Value 40 Large Low P/E FT DB, FDV
0.17% Short 100% QQQ, PSQ
0.16% Short 100% MidCap 400, MYY
0.16% EMU Europe Index, EZU
0.12% Healthcare Global, IXJ
0.11% Growth S&P 500, RPG
0.11% Growth S&P 500/BARRA, IVW
0.09% Growth LargeCap iS M, JKE
0.08% MidCap Growth iS M, JKH
0.08% Broadband H, BDH
0.07% Value LargeCap Euro STOXX 50 DJ, FEU
0.06% Germany Index, EWG
0.06% SmallCap Russell 2000, IWM
0.05% Bond, 1-3 Year Treasury, SHY
0.04% China LargeCap Growth G D H USX PS, PGJ
0.00% Switzerland Index, EWL
0.00% Growth MidCap S&P 400, RFG
0.00% Growth LargeCap NASDAQ 100, QQQQ
0.00% LargeCap Blend NYSE Composite iS, NYC
-0.03% Latin Am 40, ILF
-0.03% Growth EAFE MSCI, EFG
-0.03% Asia 50 BLDRS, ADRA
-0.04% Italy Index, EWI
-0.04% Growth SmallCap VIPERs, VBK
-0.06% Biotech & Genome, PBE
-0.07% Developed 100 BLDRS, ADRD
-0.09% Short 200% QQQ PS, QID
-0.10% Materials SPDR, XLB
-0.10% Value EAFE MSCI, EFV
-0.10% Bond, Corp, LQD
-0.11% MidCap VIPERs, VO
-0.12% Lg Cap Growth PSD, PWB
-0.12% LargeCap Blend S&P=Weight R, RSP
-0.13% LargeCap 1000 R, IWB
-0.13% Growth Large Cap, ELG
-0.14% Blend Total Market VIPERs, VTI
-0.15% Growth MidCap Russell, IWP
-0.16% Wilshire 5000 ST TM, TMW
-0.16% Aerospace & Defense, PPA
-0.19% Growth VIPERs, VUG
-0.19% Growth SmallCap iS M, JKK
-0.20% Extended Mkt VIPERs, VXF
-0.21% S&P 500 iS LargeCap Blend, IVV
-0.22% Industrial LargeCap Blend DJ US, IYJ
-0.23% LargeCap Blend Dynamic PS, PWC
-0.24% LargeCap VIPERs, VV
-0.25% IPOs, First Tr IPOX-100, FPX
-0.27% Retail H, RTH
-0.29% Dividend International, PID
-0.29% Growth LargeCap Russell 3000, IWZ
-0.30% Hong Kong Index, EWH
-0.30% Small Cap VIPERs, VB
-0.31% France Index, EWQ
-0.31% LargeCap Blend Socially Responsible iS, KLD
-0.34% Growth 1000 Russell, IWF
-0.36% LargeCap Blend S&P 1500 iS, ISI
-0.36% MidCap Russell, IWR
-0.37% Semiconductor H, SMH
-0.39% LargeCap Blend Russell 3000, IWV
-0.39% Value LargeCap Dynamic PS, PWV
-0.40% Europe 100 BLDRS, ADRU
-0.40% Telecommunications Global, IXP
-0.41% Technology DJ US, IYW
-0.41% Dividend Leaders, FDL
-0.43% Technology MS sT, MTK
-0.43% Growth BARRA Small Cap 600, IJT
-0.43% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.44% Growth MidCap 400 B, IJK
-0.45% Industrials VIPERs, VIS
-0.45% LargeCap Blend Total Market DJ, IYY
-0.45% Growth SmallCap Dynamic PS, PWT
-0.46% Info Tech VIPERs, VGT
-0.47% SmallCap Core iS M, JKJ
-0.47% Value MidCap Russell, IWS
-0.49% Value S&P 500 B, IVE
-0.49% Software H, SWH
-0.50% LargeCap Blend S&P 100, OEF
-0.51% LargeCap Blend Core iS M, JKD
-0.51% Global 100, IOO
-0.52% SmallCap PS Zacks, PZJ
-0.54% Micro Cap Zachs, PZI
-0.55% S&P 500 SPDRs LargeCap Blend, SPY
-0.55% Growth Mid Cap Dynamic PS, PWJ
-0.57% Value LargeCap iS M, JKF
-0.57% Value SmallCap VIPERS, VBR
-0.58% MidCap S&P 400 SPDRs, MDY
-0.59% Value VIPERs, VTV
-0.59% Value 1000 Russell, IWD
-0.61% Consumer Cyclical DJ, IYC
-0.62% Telecom Services VIPERs, VOX
-0.62% Semiconductors, PSI
-0.64% OTC Dynamic PS, PWO
-0.65% Value LargeCap Fundamental RAFI 1000, PRF
-0.65% Semiconductor iS GS, IGW
-0.65% Dividend Appreciation Vipers, VIG
-0.66% Consumer D. VIPERs, VCR
-0.67% Value LargeCap Russell 3000, IWW
-0.67% Microcap Russell, IWC
-0.71% Value LargeCap NYSE 100 iS, NY
-0.71% Utilities H, UTH
-0.72% MidCap S&P 400 iS, IJH
-0.74% Value SmallCap Dynamic PS, PWY
-0.75% Dividend Growth PS, PHJ
-0.75% Retail, PMR
-0.75% Networking, IGN
-0.76% Netherlands Index, EWN
-0.76% LargeCap Rydex Rus Top 50, XLG
-0.77% MidCap Blend Core iS M, JKG
-0.78% Internet Infrastructure H, IIH
-0.78% Real Estate US DJ, IYR
-0.78% REIT VIPERs, VNQ
-0.81% Technology GS, IGM
-0.81% Value MidCap Dynamic PS, PWP
-0.82% SmallCap S&P 600, IJR
-0.83% Dividend Achievers PS, PFM
-0.83% South Korea Index, EWY
-0.83% Technology Global, IXN
-0.84% Financials Global LargeCap Value, IXG
-0.84% Realty Cohen & Steers, ICF
-0.84% Value SmallCap S&P 600 B, IJS
-0.85% Telecommunications & Wireless, PTE
-0.85% Utilities SPDR, XLU
-0.86% Utilities DJ, IDU
-0.88% Value SmallCap Russell 2000, IWN
-0.88% Value MidCap S&P 400 B, IJJ
-0.92% Telecom DJ US, IYZ
-0.92% Building & Construction, PKB
-0.92% Ultra S&P500 Double, SSO
-0.93% Global Titans, DGT
-0.95% Utilities VIPERs, VPU
-0.96% Software, IGV
-0.96% Networking, PXQ
-0.97% REIT Wilshire, RWR
-0.98% Dividend DJ Select, DVY
-0.99% Dividend High Yield Equity PS, PEY
-1.01% Value SmallCap iS M, JKL
-1.02% Dividend SPDR, SDY
-1.04% Value Large Cap DJ, ELV
-1.04% Consumer Staples SPDR, XLP
-1.06% DIAMONDS (DJIA), DIA
-1.12% Ultra MidCap400 Double, MVV
-1.14% Consumer Staples VIPERs, VDC
-1.18% Value Small Cap DJ, DSV
-1.25% Financials VIPERs, VFH
-1.25% Value MidCap S&P 400, RFV
-1.25% Sweden Index, EWD
-1.30% Utilities, PUI
-1.31% Internet H, HHH
-1.33% Technology SPDR, XLK
-1.34% Food & Beverage, PBJ
-1.35% Leisure & Entertainment, PEJ
-1.37% Software, PSJ
-1.41% Financial DJ US, IYF
-1.44% Value S&P 500, RPV
-1.51% WilderHill Clean Energy PS, PBW
-1.53% Taiwan Index, EWT
-1.54% Bank Regional H, RKH
-1.54% Value MidCap iS M, JKI
-1.55% Consumer Non-Cyclical, IYK
-1.56%Capital marketsKWB ST, KCE
-1.58% Financial SPDR, XLF
-1.60% Financial Services DJ, IYG
-1.67% Internet Architecture H, IAH
-1.68% Consumer Discretionary SPDR, XLY
-1.72% Telecom H, TTH
-1.82% Ultra Dow30 Double, DDM
-1.87% Insurance, PIC
-2.05% Nanotech Lux, PXN
-2.17% Hardware & Electronics, PHW
-2.32% Semiconductor SPDR, XSD
-2.88% Industrial SPDR, XLI
-3.03% United Kingdom Index, EWU
-10.17% Internet B2B H, BHH
