RobertWColby's Commentaries

Jun 25 2009

Daily Stock Market Update

Stock Market: the number of stocks in uptrends has fallen significantly over the past 7 weeks.

57% of the S&P 500 stocks are now in Bullish trends, the lowest level in 11 weeks. This is down from a peak of 75% in Bullish trends 7 weeks ago. The number of stocks in the S&P 500 currently trading with Point and Figure buy signals is divided by the total number of stocks in the index, 500. Sell signals occur when the percentage in uptrends goes above 70% and then reverses down by at least 6%. See: http://stockcharts.com/charts/gallery.html?$BPSPX

NASDAQ Composite Relative Strength Ratio moved up to an 8-year high.

Technology Stock Sector Relative Strength Ratio (XLK/SPY) rose to its highest level in 7 years.

Consumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) broke down below 12-week lows.

Industrial Stock Sector Relative Strength Ratio (XLI/SPY) broke down to a new 11-week low.

Short-term oscillators measuring general stock market price momentum (such as RSI, Stochastic, MACD, and Directional Movement) remain Bearish.

On Wednesday,
the S&P 500 ETF (SPY) opened higher and rose further to a peak at 11:04 a.m., but that proved to be the high of the day. SPY eased lower into the Fed policy statement at 2:18 p.m., then fell steeply, breaking down to new lows on the day but holding above Tuesday’s close. SPY partially recovered in the final hour. The Cumulative Daily Advance-Decline Line, which had been rising from 3/10/09 to 6/11/09, turned upward but is still well off its highs. The S&P 500 ETF (SPY) rose 0.86% but ended the day below its open and midpoint of the day’s high-low range.

SPY volume rose 12%. Volume remains below its 200-day SMA, suggesting diminishing demand for stocks. Since 4/2/09, volume has been below its 200-day SMA every single day, thereby denying confirmation of strong demand for stocks indicated by price alone. Candlestick Volume and On-Balance Volume have been underperforming price.

Longer-term trends are still a problem, based mainly on Bearish long-term momentum indicators. The entire bounce from the March low to the June high still could be a Dow Theory Secondary Reaction, an intermediate-term correction that interrupts and moves in an opposite direction against the Bearish Primary Tide—and fools many into thinking a new Bull Market has started.

A pure chartist might say the market needs bottom testing, base building, and
time before it can free itself from the Bear.

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

51.26% , AM , AMER GREETINGS STK A
11.07% , LM , LEGG MASON
9.87% , AES , AES
7.00% , ORCL , ORACLE
5.88% , HGSI , Human Genome Sciences Inc
6.73% , SIRI , Sirius Satellite
1.34% , PKB , Building & Construction, PKB
5.79% , TER , TERADYNE
6.35% , THC , TENET HEALTHCARE
5.25% , YHOO , YAHOO
2.63% , MIL , MILLIPORE
3.05% , BDK , BLACK & DECKER
2.91% , EWS , Singapore Index, EWS
8.63% , UIS , UNISYS
3.85% , CHKP , Check Point Software Technologies Ltd
0.80% , FEZ , Euro STOXX 50, FEZ
2.47% , EWM , Malaysia Index, EWM
2.55% , PLL , PALL
4.55% , LEN , Lennar Corp. (LEN)
2.63% , SLE , SARA LEE
4.10% , PETM , PETsMART Inc
2.20% , KCE , Capital Markets KWB ST, KCE
4.91% , WY , WEYERHAEUSER
1.09% , ADRA , Asia 50 BLDRS, ADRA
2.66% , EPI , India Earnings WTree, EPI
7.59% , HMA , HEALTH MGMT STK A
3.34% , EMC , EMC
3.09% , FO , FORTUNE BRANDS
2.00% , SWH , Software H, SWH
3.83% , CCL , CARNIVAL STK A
1.22% , IWS , Value MidCap Russell, IWS
0.52% , FPX , IPOs, First Tr IPOX-100, FPX
0.52% , ITF , Japan LargeCap Blend TOPIX 150, ITF
4.22% , FDX , FEDEX
2.69% , ROK , ROCKWELL AUTOMAT
4.19% , DISH , EchoStar Communications Corporation
0.83% , NY , Value LargeCap NYSE 100 iS, NY
2.60% , XLNX , XILINX
6.63% , RFMD , RF Micro Devices Inc
1.57% , XBI , Biotech SPDR, XBI

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name

-11.98% , SVU , SUPERVALU
-9.01% , ABK , AMBAC FINL GRP
-3.96% , MON , MONSANTO
-2.40% , PBE , Biotech & Genome, PBE
-3.51% , AZO , AUTOZONE
-2.84% , TDC , Teradata Corporation, TDC
-3.21% , DRI , DARDEN REST
-4.17% , SANM , SANMINA
-3.39% , S , SPRINT NEXTEL
-1.00% , EXPD , Expeditors International WA
-10.64% , BHH , Internet B2B H, BHH
-3.20% , VLO , VALERO ENERGY
-0.90% , ZMH , ZIMMER HLDGS
-1.25% , MKC , MCCORMICK
-2.25% , LMT , LOCKHEED MARTIN
-0.89% , CAR , Avis Budget Group, Inc. (CAR)
-0.68% , IYZ , Telecom DJ US, IYZ
-3.09% , SUN , SUNOCO
-1.04% , DDM , Ultra Dow30 Double, DDM
-0.82% , NOC , NORTHROP GRUMMAN
-1.11% , ACV , Alberto-Culver Co.
-1.99% , UTX , UNITED TECH
-2.52% , CTX , CENTEX
-0.71% , LOW , LOWES
-0.71% , CI , CIGNA
-0.37% , YUM , YUM BRANDS
-1.40% , NOV , NATIONAL OILWELL VARC0
-2.59% , GD , GENERAL DYNAMICS
-1.00% , TLT , Bond, 20+ Years Treasury, TLT
-1.02% , ABC , AMERISOURCEBERGN
-1.60% , SDS , Short 200% S&P 500 PS, SDS
-1.24% , HON , HONEYWELL INTL
-0.85% , AOC , AON
-0.40% , SYK , STRYKER
-0.38% , IEF , Bond, 10 Year Treasury, IEF
-0.37% , HPQ , HEWLETT PACKARD
-0.97% , NKE , NIKE STK B
-0.55% , RFV , Value MidCap S&P 400, RFV
-0.13% , VTV , Value VIPERs, VTV
-0.22% , DHI , D.R. HORTON, DHI

9 Major U.S. Stock Sectors
Ranked on Latest
One-Day Price Change
% Price Change, Sector ETF, Symbol

0.26% Consumer Staples SPDR, XLP
0.40% Energy SPDR, XLE
0.51% Health Care SPDR, XLV
0.59% Consumer Discretionary SPDR, XLY
0.66% Industrial SPDR, XLI
0.85% Utilities SPDR, XLU
1.00% Materials SPDR, XLB
1.22% Financial SPDR, XLF
1.41% Technology SPDR, XLK

Primary Tide Trends for the 9 major sectors can 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):

Technology (XLK) Bearish, Underweight. The Relative Strength Ratio (XLK/SPY) rose to its highest level in 7 years.

Consumer Staples (XLP) Bearish, Underweight. The Relative Strength Ratio (XLP/SPY) has improved since 5/6/09.

Health Care (XLV) Bearish, Underweight. The Relative Strength Ratio (XLV/SPY) rose sharply since 6/15/09, and so Health Care rose in this ranking.

Consumer Discretionary (XLY) Bearish, Underweight. The Relative Strength Ratio (XLY/SPY) broke down below 12-week lows on 6/24/09.

Utilities (XLU) Bearish, Underweight. The Relative Strength Ratio (XLU/SPY) rose to a new 2-month high on 6/18/09, resulting in a move up in this long-term RS ranking.

Materials (XLB) Bearish, Underweight. The Relative Strength Ratio (XLB/SPY) broke down to a new 8-week low on 6/19/09.

Energy (XLE) Bearish, Underweight. The Relative Strength Ratio (XLE/SPY) broke down to a new 7-week low on 6/19/09. XLE performance continues to lag relative to the price of the commodity, crude oil.

Industrial (XLI) Bearish, Underweight. The Relative Strength Ratio (XLI/SPY) broke down to a new 11-week low on 6/24/09.

Financial (XLF) Bearish, Underweight. The Relative Strength Ratio (XLF/SPY) broke down to a new 7-week low on 6/17/09, showing renewed weakness.

The relative performance measurements of the 9 major sectors are hinting at a shift in leadership. The sectors reflected a growing investor appetite for risk in March and April, but that started to change in May and is becoming more evident in June.

Foreign stock index ETF (EFA) turned down from a top on 6/2/09. EFA is the ETF representing the EAFE, the international developed country stock markets, excluding the U.S. and Canada.

NASDAQ Composite Relative Strength versus the S&P 500 moved up to an 8-year high on 6/24/09.

Growth Stock/Value Stock Relative Strength Ratio has been in a Bullish Major Trend since 8/8/06.

Russell 1000 Value ETF (IWD) remains in a Bearish Major Trend, underperforming the SPY since 3/22/07. Long term, the IWD closing price broke down below its 9-year closing price lows on 3/9/09. In addition, the IWD Relative Strength Ratio (IWD/SPY) broke down to a new 6-year low on 3/6/09.

The Small Cap/Large Cap Ratio appears to be trending down moderately short-term, since 6/5/09.

Crude Oil July futures contract price fell moderately. Oil still looks Bearish short term. On Friday, oil broke down below the lows of the previous 11 trading days. The big price run-up since February left oil overbought, and now oil could correct that overbought condition. 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 underperformed Crude Oil since 2/18/09, and broke down to a new 6-month low on 6/16/09.

Gold August futures contract price bounced above the closes of the previous 2 trading days. Gold still looks corrective for the intermediate term, nevertheless. On 6/23/09, Gold broke down below the lows of the previous 6 weeks. Longer term, Gold has been in a correction for more than a year, since the peak of 1,033.90 on 3/17/08.

Gold Mining stocks (GDX) have underperformed Gold bullion since 6/2/09 but may be turning upward. GDX is an ETF of Gold Mining stocks.

U.S. Treasury Bond September futures contract price hit resistance at 117.30 and reversed to the downside. Bonds’ major trend remains Bearish, having trended down from 12/18/08 to 6/11/09.

Bond quality ratios turned down since 6/10/09, suggesting a diminished appetite for risk. LQD/TLT is iShares iBoxx $ Invest Grade Corp Bond ETF (LQD) price divided by 20+ Years US Treasury Bond ETF price (TLT).

The U.S. dollar price broke down below the lows of the previous 6 trading days on 6/23/09. USD appears more Bearish than Bullish, short term. On 6/2/09, USD fell to another new 8-month low, confirming a major Bearish downtrend.

The Art of Contrary Thinking: It is important to recognize that although surveys indicated significant Bearish sentiment nearly all year in 2008, that did not keep the stock market from suffering one of its biggest yearly declines on record. Contrary Thinking alone is not sufficient. It must be tempered by means of more precise market timing tools.

Advisory Service Sentiment: There were 43.6% Bulls versus 28.7% Bears as of 6/24/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.52, down from 1.70 the previous week. The ratio’s 39-year range is 0.28 to 17.51, the median is 1.43, and the mean is 1.73.

VIX Fear Index fell to a 9-month low of 27.99 on 6/19/09, indicating bullish complacency displacing fear. 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 fell to a 9-month low of 27.99 on 6/19/09, indicating bullish complacency displacing fear. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

CBOE Put/Call Ratio fell to 0.54 on 5/4/09, indicating bullish sentiment near the top of the March-May bounce. The ratio’s 5-year mean is 0.67, median is 0.65, and its range is 0.35 to 1.35.

ISEE Call/Put Ratio rose to 1.75 on 5/29/09, indicating bullish sentiment. The ratio’s 5-year mean is 1.43, median is 1.38, and its range is 0.51 to 3.16.

Fundamentals: The 2003-2007 Bull Market was fed by abundant global liquidly, M&A, leveraged buyouts, corporate stock buybacks, and a net balance of positive earnings surprises. The unfolding fallout from the credit market crisis derailed that engine. Since the stock market low on since 3/9/09, unprecedented and massive monetary and fiscal stimulation appear to have had an impact on investor sentiment.

The Dow Theory allows for a Secondary Reaction to the upside. A Secondary Reaction typically lasts several months and retraces a fraction of the previous Bear Market decline. The Dow-Jones Industrial Average rose to a new 5-momth closing price high in June but the Dow-Jones Transportation Average failed to close above its high of 5/6/09, thereby signaling a non-confirmation and calling into question the longevity of the Secondary Reaction. The two Averages originally signaled a Primary Tide Bear Market on 11/21/07, when both closed below their 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:

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
1,381.50, Fibonacci 78.6% of 2007-2009 drop
1,366.59, high of 6/17/2008
1,335.63, high of 6/25/2008
1,313.15, high of 8/11/2008
1,274.42, high of 9/8/2008
1,255.09, high of 9/12/2008
1,238.807, Fibonacci 78.6% of 1,576.09 high
1,228.74, Fibonacci 61.8% of 2007-2009 drop
1,220.03, high of 9/25/2008
1,121.44, Fibonacci 50.0% of 2007-2009 drop
1,077.08, Fibonacci 61.8% of 2002-2007 upmove
1,044.31, high of 10/14/2008
1,014.14, Fibonacci 38.2% of 2007-2009 drop
1007.78, Gann 37.5% of 2007-2009 drop
1,007.51, high of 11/4/2008
956.23, high of 6/11/2009

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:

Potential Support
883.87, Gann 75.0% of 2009 range
881.46, low of 5/26/2009
879.61, low of 5/21/2009
878.94, low of 5/15/2009
877.86, high of 1/28/2009
877.52, close of 5/1/2009
875.63, high of 4/17/2009
875.01, high of 2/9/2009
871.80, high of 4/24/2009
866.10, low of 5/1/2009
847.69, Gann 62.5% of 2009 range
847.12, low of 4/28/2009
845.56, Fibonacci 61.8% of 2009 range
826.83, low of 4/21/2009
811.51, Fibonacci 50.0% of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
777.36, Fibonacci 38.2% of 2009 range
775.33, Gann 37.5% of 2009 range
666.79, intraday low of 3/6/2009
665.23, Fibonacci 61.8% of 2002-2007 upmove
602.07, Fibonacci 38.2% of 1,576.09 high

Daily Rankings of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol


4.04% China LargeCap Growth G D H USX PS, PGJ
3.32% Taiwan Index, EWT
3.30% Internet Infrastructure H, IIH
3.25% Ultra QQQ Double, QLD
2.99% China 25 iS, FXI
2.96% Value SmallCap S&P 600, RZV
2.91% Singapore Index, EWS
2.91% Austria Index, EWO
2.87% WilderHill Clean Energy PS, PBW
2.85% Emerging VIPERs, VWO
2.83% Hong Kong Index, EWH
2.69% Sweden Index, EWD
2.66% India Earnings WTree, EPI
2.58% Semiconductor SPDR, XSD
2.56% South Africa Index, EZA
2.47% Malaysia Index, EWM
2.40% Internet H, HHH
2.28% Canada Index, EWC
2.28% 200% Short US T Bond, TBT
2.22% Semiconductor iS GS, IGW
2.20% Capital Markets KWB ST, KCE
2.19% Emerging Markets, EEM
2.14% Ultra MidCap400 Double, MVV
2.11% REIT Wilshire, RWR
2.09% Networking, IGN
2.04% Semiconductor H, SMH
2.00% Software H, SWH
1.96% Software, IGV
1.93% OTC Dynamic PS, PWO
1.90% Realty Cohen & Steers, ICF
1.90% Technology Global, IXN
1.85% Pacific ex-Japan, EPP
1.79% Internet Architecture H, IAH
1.79% Metals & Mining SPDR, XME
1.78% Technology MS sT, MTK
1.76% Semiconductors, PSI
1.75% Australia Index, EWA
1.71% Growth LargeCap NASDAQ Fidelity, ONEQ
1.69% Growth LargeCap NASDAQ 100, QQQQ
1.58% Mexico Index, EWW
1.58% Preferred Stock iS, PFF
1.57% Biotech SPDR, XBI
1.56% MidCap Blend Core iS M, JKG
1.54% Water Resources, PHO
1.51% MidCap Russell, IWR
1.51% Emerging 50 BLDRS, ADRE
1.44% Growth MidCap S&P 400, RFG
1.44% Financial Preferred, PGF
1.43% Info Tech VIPERs, VGT
1.41% Technology SPDR, XLK
1.40% Value MidCap S&P 400 B, IJJ
1.39% MidCap Growth iS M, JKH
1.38% MidCap S&P 400 iS, IJH
1.36% Value S&P 500, RPV
1.35% Technology DJ US, IYW
1.34% MidCap S&P 400 SPDRs, MDY
1.34% Building & Construction, PKB
1.32% Growth MidCap Russell, IWP
1.30% Technology GS, IGM
1.29% MidCap VIPERs, VO
1.28% Growth SmallCap iS M, JKK
1.26% Financials Global LargeCap Value, IXG
1.24% Extended Mkt VIPERs, VXF
1.22% Value MidCap Russell, IWS
1.22% Growth Small Cap DJ, DSG
1.22% Financial SPDR, XLF
1.22% Basic Materials DJ US, IYM
1.20% Growth SmallCap VIPERs, VBK
1.19% Bank Regional H, RKH
1.19% Software, PSJ
1.18% Pacific VIPERs, VPL
1.17% Pharmaceuticals, PJP
1.17% Growth Large Cap, ELG
1.15% Value MidCap iS M, JKI
1.14% LargeCap Blend S&P=Weight R, RSP
1.13% Growth LargeCap iS M, JKE
1.12% Natural Resource iS GS, IGE
1.11% Value Line Timeliness MidCap Gr, PIV
1.11% Value SmallCap iS M, JKL
1.10% Growth SmallCap R 2000, IWO
1.09% Ultra S&P500 Double, SSO
1.09% Asia 50 BLDRS, ADRA
1.08% Dividend International, PID
1.08% Growth MidCap 400 B, IJK
1.08% SmallCap Russell 2000, IWM
1.08% Microcap Russell, IWC
1.06% Value MidCap Dynamic PS, PWP
1.06% Small Cap VIPERs, VB
1.05% SmallCap Core iS M, JKJ
1.03% Transportation Av DJ, IYT
1.01% Value SmallCap Dynamic PS, PWY
1.00% Materials SPDR, XLB
0.99% Value SmallCap VIPERS, VBR
0.98% Value SmallCap S&P 600 B, IJS
0.98% Financial DJ US, IYF
0.97% Materials VIPERs, VAW
0.96% Growth LargeCap Russell 3000, IWZ
0.94% Latin Am 40, ILF
0.93% Brazil Index, EWZ
0.89% Lg Cap Growth PSD, PWB
0.88% LargeCap Blend Russell 3000, IWV
0.87% Micro Cap Zachs, PZI
0.86% S&P 500 SPDRs LargeCap Blend, SPY
0.85% 200% Short Bond 7-10 Yr T, PST
0.85% Utilities SPDR, XLU
0.85% Growth SmallCap Dynamic PS, PWT
0.84% S&P 500 iS LargeCap Blend, IVV
0.83% Value LargeCap NYSE 100 iS, NY
0.83% Value Small Cap DJ, DSV
0.83% Growth 1000 Russell, IWF
0.83% Global Titans, DGT
0.81% Value LargeCap Fundamental RAFI 1000, PRF
0.81% Consumer D. VIPERs, VCR
0.80% Growth Mid Cap Dynamic PS, PWJ
0.80% Value 1000 Russell, IWD
0.80% Value S&P 500 B, IVE
0.80% Euro STOXX 50, FEZ
0.75% LargeCap 1000 R, IWB
0.75% EMU Europe Index, EZU
0.75% Pharmaceutical H, PPH
0.72% Growth BARRA Small Cap 600, IJT
0.71% Health Care VIPERs, VHT
0.71% SmallCap S&P 600, IJR
0.70% Wilshire 5000 ST TM, TMW
0.68% Dividend High Yield Equity PS, PEY
0.68% Germany Index, EWG
0.68% Spain Index, EWP
0.68% Value 40 Large Low P/E FT DB, FDV
0.67% LargeCap Blend S&P 1500 iS, ISI
0.67% Growth S&P 500, RPG
0.66% Growth VIPERs, VUG
0.66% Industrial SPDR, XLI
0.64% Value SmallCap Russell 2000, IWN
0.62% Growth S&P 500/BARRA, IVW
0.62% South Korea Index, EWY
0.62% Value LargeCap Russell 3000, IWW
0.61% United Kingdom Index, EWU
0.59% Consumer Discretionary SPDR, XLY
0.58% Dividend SPDR, SDY
0.58% Gold Shares S.T., GLD
0.56% Retail H, RTH
0.55% Utilities H, UTH
0.54% Dividend Leaders, FDL
0.53% REIT VIPERs, VNQ
0.53% Homebuilders SPDR, XHB
0.53% Energy Exploration & Prod, PXE
0.52% Japan LargeCap Blend TOPIX 150, ITF
0.52% IPOs, First Tr IPOX-100, FPX
0.51% Energy VIPERs, VDE
0.51% Health Care SPDR, XLV
0.50% Bond High-Yield Corporate, HYG
0.50% Financial Services DJ, IYG
0.48% Dividend Achievers PS, PFM
0.48% Industrials VIPERs, VIS
0.47% Financials VIPERs, VFH
0.46% Value EAFE MSCI, EFV
0.46% LargeCap Blend Core iS M, JKD
0.46% Oil Services H, OIH
0.45% LargeCap Blend NYSE Composite iS, NYC
0.45% Telecom Services VIPERs, VOX
0.44% Silver Trust iS, SLV
0.42% Industrial LargeCap Blend DJ US, IYJ
0.42% Consumer Cyclical DJ, IYC
0.41% LargeCap Blend S&P 100, OEF
0.40% Energy SPDR, XLE
0.39% LargeCap Rydex Rus Top 50, XLG
0.38% LargeCap Blend Total Market DJ, IYY
0.38% Oil & Gas, PXJ
0.36% Value LargeCap Dynamic PS, PWV
0.33% LargeCap Blend Socially Responsible iS, KLD
0.32% Italy Index, EWI
0.31% Nanotech Lux, PXN
0.30% European VIPERs, VGK
0.29% Blend Total Market VIPERs, VTI
0.27% Netherlands Index, EWN
0.27% Insurance, PIC
0.26% Consumer Staples SPDR, XLP
0.26% LargeCap Blend Dynamic PS, PWC
0.25% Global 100, IOO
0.25% LargeCap VIPERs, VV
0.24% Leisure & Entertainment, PEJ
0.24% Short 200% Dow 30 PS, DXD
0.22% Telecom H, TTH
0.22% Japan Index, EWJ
0.20% SmallCap PS Zacks, PZJ
0.19% Europe 350 S&P Index, IEV
0.19% Value Large Cap DJ, ELV
0.18% Growth EAFE MSCI, EFG
0.16% Biotech H, BBH
0.16% Short 100% Dow 30, DOG
0.16% Value LargeCap iS M, JKF
0.15% France Index, EWQ
0.14% Food & Beverage, PBJ
0.13% Healthcare DJ, IYH
0.13% Real Estate US DJ, IYR
0.12% Consumer Staples VIPERs, VDC
0.11% Developed 100 BLDRS, ADRD
0.10% Healthcare Global, IXJ
0.09% EAFE Index, EFA
0.07% Value LargeCap Euro STOXX 50 DJ, FEU
0.06% Retail, PMR
-0.01% Bond, 1-3 Year Treasury, SHY
-0.04% Energy DJ, IYE
-0.04% Telecommunications Global, IXP
-0.04% Commodity Tracking, DBC
-0.13% Value VIPERs, VTV
-0.16% Bond, Corp, LQD
-0.17% Telecommunications & Wireless, PTE
-0.18% DIAMONDS (DJIA), DIA
-0.23% Dividend Appreciation Vipers, VIG
-0.27% Bond, Aggregate, AGG
-0.27% Energy Global, IXC
-0.31% Belgium Index, EWK
-0.33% Utilities VIPERs, VPU
-0.34% Utilities, PUI
-0.38% Bond, 10 Year Treasury, IEF
-0.40% Utilities DJ, IDU
-0.40% Europe 100 BLDRS, ADRU
-0.52% Bond, TIPS, TIP
-0.54% Consumer Non-Cyclical, IYK
-0.66% Dividend DJ Select, DVY
-0.68% Telecom DJ US, IYZ
-0.86% Oil, Crude, U.S. Oil Fund, USO
-0.89% Short 100% S&P 500, SH
-1.00% Bond, 20+ Years Treasury, TLT
-1.04% Ultra Dow30 Double, DDM
-1.09% Aerospace & Defense, PPA
-1.25% Short 100% MidCap 400, MYY
-1.60% Short 200% S&P 500 PS, SDS
-1.71% Short 100% QQQ, PSQ
-1.76% Switzerland Index, EWL
-2.39% Short 200% MidCap 400 PS, MZZ
-2.40% Biotech & Genome, PBE
-3.14% Short 200% QQQ PS, QID
-10.64% Internet B2B H, BHH



Tags: stocks | s-p-500 | russell-1000 | nasdaq | etf
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