Stock Market: Stock Sectors indicate a more defensive tone.

The S&P 500 opened down, probed its June low, passed the test, and recovered early losses. Tuesday could be a critical day.

Russell 1000 Value ETF (IWD) plunged to another new 3-month low relative to SPY.

The Consumer Staples Stock Sector Relative Strength Ratio (XLP/SPY) jumped up to a new 3-month high on 7/6/09, indicating a more defensive tone to the stock market.

Health Care Stock Sector Relative Strength Ratio (XLV/SPY) jumped up to a new 2-month high on 7/6/09, indicating a more defensive tone to the stock market.

Utilities Stock Sector Relative Strength Ratio (XLU/SPY) jumped up to a new 3-month high on 7/6/09, indicating a more defensive tone to the stock market.

Energy Stock Sector Relative Strength Ratio (XLE/SPY) broke down to a new 8-month low on 7/6/09. Since 2/18/09, XLE has been underperforming relative to the price of the commodity, crude oil.

Crude Oil price broke down below 5-week lows.

CRB commodity price index broke down to a new 7-month low on 7/6/09.

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
5.02% , BMS , BEMIS
2.10% , LVLT , LEVEL 3 COMMUNICATIONS
4.65% , DYN , DYNEGY
4.81% , DTE , DTE ENERGY
4.29% , TMK , TORCHMARK
6.30% , EK , EASTMAN KODAK
0.92% , PPH , Pharmaceutical H, PPH
5.61% , AXP , AMERICAN EXPRESS
4.90% , SHW , SHERWIN WILLIAMS
3.19% , CL , COLGATE
3.47% , KSS , KOHLS
3.17% , FDX , FEDEX
3.26% , MRK , MERCK & CO
3.26% , RYAAY , Ryanair Holdings plc
2.15% , SGP , SCHERING PLOUGH
3.17% , JWN , NORDSTROM
0.66% , VPL , Pacific VIPERs, VPL
2.07% , GS , GOLDMAN SACHS
1.18% , NIHD , NII Holdings, Inc.
3.69% , TJX , TJX
3.66% , SLE , SARA LEE
2.78% , MBI , MBIA
2.55% , EIX , EDISON INTL
0.90% , PTV , PACTIV
2.73% , RWR , REIT Wilshire, RWR
1.87% , ACS , AFFILIATED COMPUTER
1.71% , TUP , TUPPERWARE
1.26% , PJP , Pharmaceuticals, PJP
4.01% , PFG , PRINCIPAL FINL
0.70% , TDC , Teradata Corporation, TDC
1.94% , CEPH , Cephalon Inc
1.74% , SHLD , SEARS HOLDINGS
1.96% , FHN , FIRST TENNESSEE
2.53% , LNCR , Lincare Holdings Inc
1.02% , JPM , J P MORGAN CHASE
0.50% , FDL , Dividend Leaders, FDL
2.06% , PPG , PPG INDUSTRIES
0.18% , KLD , LargeCap Blend Socially Responsible iS, KLD
2.66% , VRSN , VeriSign Inc
1.09% , WYE , WYETH

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-11.56% , CIT , CIT GROUP
-1.05% , PTE , Telecommunications & Wireless, PTE
-2.94% , BHH , Internet B2B H, BHH
-5.15% , CIEN.O , CIENA
-7.28% , CBS , CBS CORP.
-7.60% , FCX , FREEPRT MCMORAN STK B
-5.36% , JNY , JONES APPAREL
-7.46% , STLD , Steel Dynamics, STLD
-6.08% , AMD , ADV MICRO DEV
-1.15% , IAH , Internet Architecture H, IAH
-9.23% , FRE , FREDDIE MAC
-2.27% , PXE , Energy Exploration & Prod, PXE
-4.08% , RFV , Value MidCap S&P 400, RFV
-5.99% , RFMD , RF Micro Devices Inc
-1.28% , EWK , Belgium Index, EWK
-1.45% , JKK , Growth SmallCap iS M, JKK
-6.11% , KBH , KB HOME
-2.43% , EPI , India Earnings WTree, EPI
-11.29% , AIG , AMER INTL GROUP
-3.72% , RHT , Red Hat Inc.
-3.76% , ASH , ASHLAND
-0.57% , EWI , Italy Index, EWI
-5.79% , X , US STEEL CORP
-5.08% , FNM , FANNIE MAE
-4.23% , LIZ , LIZ CLAIRBORNE
-5.58% , MI , MARSHAL & ILSLEY
-5.94% , NYT , NY TIMES STK A
-5.99% , TIN , TEMPLE INLAND
-0.56% , EWM , Malaysia Index, EWM
-6.09% , AA , ALCOA
-2.80% , IGT , INTL GAME TECH
-3.88% , BAC , BANK OF AMERICA
-4.72% , XTO , XTO ENERGY INC
-2.95% , CPWR , COMPUWARE
-2.96% , TER , TERADYNE
-2.31% , IGE , Natural Resource iS GS, IGE
-4.04% , JNS , JANUS CAPITAL
-2.29% , IYM , Basic Materials DJ US, IYM
-1.92% , MWV , MEADWESTVACO
-4.14% , SUN , SUNOCO

9 major U.S. stock sectors ranked 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 on 6/24/09.

Consumer Staples (XLP) Bearish, Underweight. The Relative Strength Ratio (XLP/SPY) jumped up to a new 3-month high on 7/6/09, indicating a more defensive tone to the stock market.

Health Care (XLV) Bearish, Underweight. The Relative Strength Ratio (XLV/SPY) jumped up to a new 2-month high on 7/6/09, indicating a more defensive tone to the stock market.

Consumer Discretionary (XLY) Bearish, Underweight. The Relative Strength Ratio (XLY/SPY) fell steeply on 7/2/09 and broke down below 12-week lows on 6/24/09.

Utilities (XLU) Bearish, Underweight. The Relative Strength Ratio (XLU/SPY) jumped up to a new 3-month high on 7/6/09, indicating a more defensive tone to the stock market.

Materials (XLB) Bearish, Underweight. The Relative Strength Ratio (XLB/SPY) broke down to a new 8-week low on 6/22/09.

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

Energy (XLE) Bearish, Underweight. The Relative Strength Ratio (XLE/SPY) broke down to a new 8-month low on 7/6/09. Since 2/18/09, XLE has been underperforming relative to the price of the commodity, crude oil.

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 have been 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 became more evident in June.

Foreign stock index ETF (EFA) Relative Strength Ratio (EFA/SPY) continued down after breaking down to a new 6-week low on 6/29/06. 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 7/2/09.

Growth Stock/Value Stock Relative Strength Ratio soared to a 4-month high on 7/2/06, which is Bullish.

Russell 1000 Value ETF (IWD) plunged to another new 3-month low relative to SPY. 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 broke down below 6-day lows .

Crude Oil August futures contract price broke down below 5-week lows. The big price run-up since February left oil overbought, and now oil is correcting 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 the XLE/ Crude Oil Ratio broke down to a new 6-month low on 6/29/09.

Gold August futures contract price broke down below 7-day lows, which is Bearish for the short term. From 6/3/09 to 6/23/09, Gold corrected a typical Fibonacci 61.8% retracement of its rise from 865.0 on 4/17/09 to 990.3 on 6/3/09. Longer term, Gold has been correcting and consolidating since making a peak at 1,033.9 on 3/17/08.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to Gold bullion) turned down on 7/6/09, and that is Bearish for both GDX and Gold bullion.

U.S. Treasury Bond September futures contract price rose to a 6-week high of 119-095 on 07/02/09. Bonds remain Bullish for the short term.

Bond quality ratios (LQD/TLT) 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 appears choppy and uncertain.

The Art of Contrary Thinking: The various surveys of investor sentiment are best considered as background factors. The majority of investors can be right for a long time before a major trend finally changes course. So, Contrary Thinking should be used with more precise market timing tools.

Advisory Service Sentiment: There were 41.4% Bulls versus 29.9% Bears as of 7/1/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.38, down from 1.52 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 25.35 on 6/29/09, 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 26.49 on 6/29/09, 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. From the stock market low on 3/9/09 to the high on 6/11/09, massive monetary and fiscal stimulation appeared to have had a positive impact on investor sentiment, but sentiment seems to be growing less positive since 6/11/09.

The Dow Theory allows for a Secondary Reaction to the upside. 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 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-month 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.

The Cumulative Daily Advance-Decline Line: Most of the time since 2000, the A-D Line has outperformed the price indexes. This relatively strong trend is continuing in 2009. But note that the A-D Line substantially underperformed the price indexes from 1956 to 2000, which was mostly a bullish period for the price indexes, as the stock market came to be increasingly dominated by large institutional investors who favor the large capitalization stocks for their liquidity and their well-established positions in their businesses. The A-D Line is more representative of smaller capitalization stocks, in contrast to the price indexes, most of which are much more representative of the very largest capitalization stocks. So, most of the time, relative strength of the A-D Line coincides with strength in smaller capitalization stocks relative to the largest capitalization stocks. The Small Cap/Large Cap Relative Strength Ratio is moderately higher for 2009 but has lost some momentum short term, since 6/5/09.

There is a confluence of cycles in early July:
On 7/1/09, Uranus turned retrograde.
On 7/2/09, a Gann number cycle hit: 90 weeks (90 is 1/4 of a 360 degree cycle) from the 10/11/07 top.
On 7/2/09, a Fibonacci cycle hit: 55 days from the 5/8/09 high.
On 7/2/09, Venus squares Neptune, Mercury trines Neptune, Venus squares Jupiter, Mercury trines Jupiter, Mercury squares Uranus.
On 7/4/09, a Gann number cycle hits: 120 days (1/3 of a 360 degree cycle) from the 3/6/09 low.
On 7/4/09, Mercury opposes Pluto.
On 7/5/09, a Fibonacci number cycle hits: from the all-time high on 10/11/2007 to the low on 3/6/2009, the S&P 500 fell for 512 days. (512 is the 9th doubling of 1.) Applying a Fibonacci ratio of 0.236 times 512 equals 121, and 121 days from the 3/6/2009 low is 7/5/09. 121 is also the square of 11.
On 7/6/09, Mars squares Neptune.
On 7/7/09, Mars sextiles Uranus, the planet of action aspects the planet of change.
On 7/7/09, a Full Moon with a Lunar Eclipse.

S&P 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
943.85, high of 1/6/2009
941.81, Fibonacci 78.6% of June 2009 range
935.66, low of 6/12/2009
931.92, high of 7/1/2009
930.20, Fibonacci 61.8% of June 2009 range
930.17, high of 5/8/2009
930.01, high of 6/30/2009

S&P 500 Cash Index Potential Support
886.36, low of 7/6/2009
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

3.76% South Korea Index, EWY
2.73% REIT Wilshire, RWR
2.69% Realty Cohen & Steers, ICF
2.51% REIT VIPERs, VNQ
2.08% Real Estate US DJ, IYR
2.05% Consumer Staples SPDR, XLP
1.95% China 25 iS, FXI
1.63% Short 200% MidCap 400 PS, MZZ
1.28% Consumer Staples VIPERs, VDC
1.27% Hong Kong Index, EWH
1.27% Food & Beverage, PBJ
1.26% Pharmaceuticals, PJP
1.23% Short 200% QQQ PS, QID
1.03% Japan LargeCap Blend TOPIX 150, ITF
0.94% Consumer Non-Cyclical, IYK
0.92% Pharmaceutical H, PPH
0.88% Taiwan Index, EWT
0.85% Healthcare Global, IXJ
0.79% Value LargeCap Dynamic PS, PWV
0.78% Health Care SPDR, XLV
0.73% Short 100% MidCap 400, MYY
0.67% Retail H, RTH
0.66% Pacific VIPERs, VPL
0.66% Health Care VIPERs, VHT
0.64% Japan Index, EWJ
0.61% Utilities, PUI
0.58% Utilities SPDR, XLU
0.58% Telecommunications Global, IXP
0.57% Healthcare DJ, IYH
0.53% Utilities H, UTH
0.51% Dividend High Yield Equity PS, PEY
0.50% Short 100% QQQ, PSQ
0.50% Dividend Leaders, FDL
0.49% Consumer Discretionary SPDR, XLY
0.48% LargeCap Blend Core iS M, JKD
0.46% Switzerland Index, EWL
0.43% Ultra Dow30 Double, DDM
0.41% 200% Short US T Bond, TBT
0.41% Utilities VIPERs, VPU
0.40% Developed 100 BLDRS, ADRD
0.33% Dividend Appreciation Vipers, VIG
0.33% Biotech H, BBH
0.32% Utilities DJ, IDU
0.31% DIAMONDS (DJIA), DIA
0.31% Telecom H, TTH
0.30% Financials Global LargeCap Value, IXG
0.29% Dividend Achievers PS, PFM
0.27% Lg Cap Growth PSD, PWB
0.26% LargeCap Blend S&P 100, OEF
0.24% Bond, Corp, LQD
0.23% Consumer Cyclical DJ, IYC
0.23% Transportation Av DJ, IYT
0.22% Emerging VIPERs, VWO
0.18% LargeCap Blend Socially Responsible iS, KLD
0.17% Dividend DJ Select, DVY
0.17% Financials VIPERs, VFH
0.13% EAFE Index, EFA
0.12% LargeCap Blend Dynamic PS, PWC
0.10% LargeCap Rydex Rus Top 50, XLG
0.09% Value LargeCap NYSE 100 iS, NY
0.09% Financial SPDR, XLF
0.08% Dividend SPDR, SDY
0.07% Value S&P 500 B, IVE
0.07% Technology Global, IXN
0.07% Bond, 10 Year Treasury, IEF
0.06% Value Large Cap DJ, ELV
0.05% Industrial SPDR, XLI
0.04% Global 100, IOO
0.04% Ultra S&P500 Double, SSO
0.04% Bond, 1-3 Year Treasury, SHY
0.03% S&P 500 iS LargeCap Blend, IVV
0.00% Singapore Index, EWS
0.00% Growth LargeCap Russell 3000, IWZ
-0.01% S&P 500 SPDRs LargeCap Blend, SPY
-0.01% LargeCap Blend S&P 1500 iS, ISI
-0.02% Growth EAFE MSCI, EFG
-0.02% Financial DJ US, IYF
-0.05% LargeCap VIPERs, VV
-0.06% Bank Regional H, RKH
-0.06% Growth S&P 500/BARRA, IVW
-0.07% 200% Short Bond 7-10 Yr T, PST
-0.08% Value VIPERs, VTV
-0.08% Bond, Aggregate, AGG
-0.09% Aerospace & Defense, PPA
-0.10% Value EAFE MSCI, EFV
-0.12% Growth VIPERs, VUG
-0.12% LargeCap 1000 R, IWB
-0.13% Value 1000 Russell, IWD
-0.13% Value LargeCap Russell 3000, IWW
-0.14% Growth LargeCap iS M, JKE
-0.15% United Kingdom Index, EWU
-0.16% Europe 350 S&P Index, IEV
-0.19% Value 40 Large Low P/E FT DB, FDV
-0.19% Bond, 20+ Years Treasury, TLT
-0.19% Global Titans, DGT
-0.19% Short 100% S&P 500, SH
-0.20% LargeCap Blend Total Market DJ, IYY
-0.21% LargeCap Blend NYSE Composite iS, NYC
-0.22% Emerging Markets, EEM
-0.22% Short 200% S&P 500 PS, SDS
-0.23% Telecom DJ US, IYZ
-0.24% Bond, TIPS, TIP
-0.25% LargeCap Blend Russell 3000, IWV
-0.27% Value LargeCap iS M, JKF
-0.27% Growth 1000 Russell, IWF
-0.28% Spain Index, EWP
-0.28% Technology SPDR, XLK
-0.29% LargeCap Blend S&P=Weight R, RSP
-0.32% Wilshire 5000 ST TM, TMW
-0.33% Telecom Services VIPERs, VOX
-0.34% Consumer D. VIPERs, VCR
-0.34% Brazil Index, EWZ
-0.37% EMU Europe Index, EZU
-0.37% Biotech SPDR, XBI
-0.38% Blend Total Market VIPERs, VTI
-0.39% Sweden Index, EWD
-0.40% Netherlands Index, EWN
-0.41% Financial Preferred, PGF
-0.42% Value LargeCap Euro STOXX 50 DJ, FEU
-0.43% Financial Services DJ, IYG
-0.44% Industrial LargeCap Blend DJ US, IYJ
-0.44% Short 100% Dow 30, DOG
-0.44% France Index, EWQ
-0.44% Biotech & Genome, PBE
-0.45% Value MidCap S&P 400 B, IJJ
-0.45% Asia 50 BLDRS, ADRA
-0.46% Silver Trust iS, SLV
-0.46% Value MidCap Russell, IWS
-0.47% Latin Am 40, ILF
-0.49% Oil Services H, OIH
-0.49% Internet H, HHH
-0.49% Pacific ex-Japan, EPP
-0.49% Emerging 50 BLDRS, ADRE
-0.52% Technology MS sT, MTK
-0.53% Growth LargeCap NASDAQ 100, QQQQ
-0.54% Value Small Cap DJ, DSV
-0.54% Gold Shares S.T., GLD
-0.55% Euro STOXX 50, FEZ
-0.56% Malaysia Index, EWM
-0.57% Italy Index, EWI
-0.58% OTC Dynamic PS, PWO
-0.58% Capital Markets KWB ST, KCE
-0.59% Info Tech VIPERs, VGT
-0.61% Growth Large Cap, ELG
-0.62% Australia Index, EWA
-0.63% Value Line Timeliness MidCap Gr, PIV
-0.63% Preferred Stock iS, PFF
-0.64% Technology DJ US, IYW
-0.65% Semiconductor H, SMH
-0.65% Industrials VIPERs, VIS
-0.66% Value MidCap iS M, JKI
-0.66% MidCap Russell, IWR
-0.66% Value SmallCap VIPERS, VBR
-0.66% Short 200% Dow 30 PS, DXD
-0.66% Mexico Index, EWW
-0.67% Retail, PMR
-0.68% European VIPERs, VGK
-0.70% Value MidCap Dynamic PS, PWP
-0.70% Technology GS, IGM
-0.70% Value SmallCap iS M, JKL
-0.72% Growth Mid Cap Dynamic PS, PWJ
-0.72% Micro Cap Zachs, PZI
-0.73% Growth MidCap Russell, IWP
-0.80% Materials SPDR, XLB
-0.80% Value SmallCap S&P 600 B, IJS
-0.80% Europe 100 BLDRS, ADRU
-0.81% MidCap VIPERs, VO
-0.83% Value SmallCap Russell 2000, IWN
-0.87% MidCap S&P 400 iS, IJH
-0.87% Energy DJ, IYE
-0.88% SmallCap Russell 2000, IWM
-0.88% MidCap S&P 400 SPDRs, MDY
-0.89% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.91% Software, PSJ
-0.93% Ultra QQQ Double, QLD
-0.94% SmallCap S&P 600, IJR
-0.96% Value SmallCap Dynamic PS, PWY
-0.98% Dividend International, PID
-1.02% Energy SPDR, XLE
-1.02% Microcap Russell, IWC
-1.02% Germany Index, EWG
-1.03% Growth BARRA Small Cap 600, IJT
-1.04% Value LargeCap Fundamental RAFI 1000, PRF
-1.05% Telecommunications & Wireless, PTE
-1.09% Leisure & Entertainment, PEJ
-1.12% Extended Mkt VIPERs, VXF
-1.13% Building & Construction, PKB
-1.15% Software H, SWH
-1.15% Internet Architecture H, IAH
-1.20% Networking, IGN
-1.21% Insurance, PIC
-1.25% Value SmallCap S&P 600, RZV
-1.26% Energy VIPERs, VDE
-1.27% MidCap Growth iS M, JKH
-1.28% Belgium Index, EWK
-1.29% Nanotech Lux, PXN
-1.29% Growth MidCap 400 B, IJK
-1.30% SmallCap Core iS M, JKJ
-1.33% Materials VIPERs, VAW
-1.39% Growth SmallCap Dynamic PS, PWT
-1.39% Growth S&P 500, RPG
-1.40% Growth SmallCap R 2000, IWO
-1.45% Growth SmallCap iS M, JKK
-1.47% South Africa Index, EZA
-1.49% Bond High-Yield Corporate, HYG
-1.50% MidCap Blend Core iS M, JKG
-1.50% Small Cap VIPERs, VB
-1.52% Semiconductor iS GS, IGW
-1.53% Growth SmallCap VIPERs, VBK
-1.53% Oil & Gas, PXJ
-1.58% Growth Small Cap DJ, DSG
-1.58% Software, IGV
-1.58% IPOs, First Tr IPOX-100, FPX
-1.67% Homebuilders SPDR, XHB
-1.71% SmallCap PS Zacks, PZJ
-1.71% Energy Global, IXC
-1.78% China LargeCap Growth G D H USX PS, PGJ
-1.82% Ultra MidCap400 Double, MVV
-1.88% Water Resources, PHO
-1.93% Canada Index, EWC
-1.95% Semiconductor SPDR, XSD
-2.16% Value S&P 500, RPV
-2.27% Energy Exploration & Prod, PXE
-2.29% Basic Materials DJ US, IYM
-2.31% Natural Resource iS GS, IGE
-2.32% Growth MidCap S&P 400, RFG
-2.33% Semiconductors, PSI
-2.43% India Earnings WTree, EPI
-2.73% Austria Index, EWO
-2.94% Internet B2B H, BHH
-3.00% Commodity Tracking, DBC
-3.72% Oil, Crude, U.S. Oil Fund, USO
-3.92% Internet Infrastructure H, IIH
-4.75% WilderHill Clean Energy PS, PBW
-5.17% Metals & Mining SPDR, XME