Stock Market: shows signs of increasing investor concern, and a diminished appetite for risk.

The S&P 500 cash index broke down to its lowest level in 7 weeks, since 5/21/2009. S&P 500 closed below both its popular 50- and 200-day simple moving averages, and that may affect sentiment.

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

The Small Cap/Large Cap Ratio broke down below 8-day lows.

The 9 Major Stock Sectors are speaking loud and clear.

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

Health Care Stock Sector Relative Strength Ratio (XLV/SPY) jumped up to a new 3-month high, indicating a defensive tone to the stock market.

Consumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) broke down to a new 3-month low, indicating weakness for cyclicals.

Materials Stock Sector Relative Strength Ratio (XLB/SPY) broke down to a new 3-month low, indicating weakness for cyclicals.

Industrial Stock Sector Relative Strength Ratio (XLI/SPY) broke down to a new 3-month low, indicating weakness for cyclicals.

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

Crude Oil price broke down below 6-week lows.

CRB commodity price index broke down below 6-week lows.

U.S. Treasury Bond September futures contract price rose to a 7-week high.

Bond quality ratios (LQD/TLT) broke down to below 5-week lows, suggesting a diminished appetite for risk.

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
7.54% , CI , CIGNA
6.27% , AET , AETNA
3.36% , HUM , HUMANA
4.93% , HMA , HEALTH MGMT STK A
4.48% , UNH , UNITEDHEALTH GRP
4.13% , KEY , KEYCORP
2.20% , LSI , LSI LOGIC
1.53% , BSX , BOSTON SCIENT
2.28% , MYY , Short 100% MidCap 400, MYY
2.42% , WLP , WELLPOINT HEALTH
8.75% , THC , TENET HEALTHCARE
2.49% , PSQ , Short 100% QQQ, PSQ
1.79% , ADM , ARCHER DANIELS
2.09% , MCK , MCKESSON CORP
3.33% , CCE , COCA COLA ENTER
4.92% , QID , Short 200% QQQ PS, QID
1.28% , MIL , MILLIPORE
2.30% , ABC , AMERISOURCEBERGN
3.37% , CTB , COOPER TIRE
1.30% , RFV , Value MidCap S&P 400, RFV
12.50% , CIT , CIT GROUP
0.88% , MRVL , MARVELL TECHNOLOGY
0.71% , SLE , SARA LEE
1.28% , MHS , MEDCO HEALTH
1.62% , AA , ALCOA
0.86% , LXK , LEXMARK INTL STK A
2.06% , SH , Short 100% S&P 500, SH
3.96% , SDS , Short 200% S&P 500 PS, SDS
0.58% , LH , LAB CRP OF AMER
0.67% , ROST , Ross Stores Inc
1.57% , JNY , JONES APPAREL
4.81% , MZZ , Short 200% MidCap 400 PS, MZZ
0.67% , TLT , Bond, 20+ Years Treasury, TLT
0.40% , IEF , Bond, 10 Year Treasury, IEF
0.70% , AVP , AVON
0.33% , MOT , MOTOROLA
0.57% , CTL , CENTURYTEL
2.26% , STLD , Steel Dynamics, STLD
0.44% , WAT , WATERS
0.51% , ESRX , EXPRESS SCRIPTS

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-2.67% , MTK , Technology MS sT, MTK
-2.04% , IIH , Internet Infrastructure H, IIH
-3.64% , TBH , Telebras HOLDRS, TBH*
-7.10% , WY , WEYERHAEUSER
-4.74% , COL , ROCKWELL COLLINS
-1.95% , VTV , Value VIPERs, VTV
-15.07% , AIG , AMER INTL GROUP
-0.68% , PIC , Insurance, PIC
-2.08% , DSG , Growth Small Cap DJ, DSG
-2.18% , VBR , Value SmallCap VIPERS, VBR
-2.64% , IWS , Value MidCap Russell, IWS
-1.15% , IAH , Internet Architecture H, IAH
-2.24% , PRF , Value LargeCap Fundamental RAFI 1000, PRF
-2.54% , SWH , Software H, SWH
-1.93% , TTH , Telecom H, TTH
-1.98% , VUG , Growth VIPERs, VUG
-2.15% , JKJ , SmallCap Core iS M, JKJ
-2.08% , ADRA , Asia 50 BLDRS, ADRA
-1.28% , PEJ , Leisure & Entertainment, PEJ
-1.54% , NY , Value LargeCap NYSE 100 iS, NY
-7.66% , SANM , SANMINA
-1.66% , ELV , Value Large Cap DJ, ELV
-2.00% , ISI , LargeCap Blend S&P 1500 iS, ISI
-1.67% , FDL , Dividend Leaders, FDL
-4.58% , BNI , BURLINGTON NORTH
-4.32% , CMCSA , COMCAST HOLDINGS STK A
-3.19% , HHH , Internet H, HHH
-2.00% , ADRD , Developed 100 BLDRS, ADRD
-2.19% , GAS , NICOR
-3.18% , BDH , Broadband H, BDH
-2.71% , CECO , CAREER EDUCATION CORP
-2.91% , PPA , Aerospace & Defense, PPA
-2.55% , VGK , European VIPERs, VGK
-2.55% , IYW , Technology DJ US, IYW
-4.30% , ERTS , ELECTRONIC ARTS
-4.99% , QLD , Ultra QQQ Double, QLD
-3.93% , SIAL , SIGMA ALDRICH
-1.99% , EZA , South Africa Index, EZA
-2.49% , PHO , Water Resources, PHO
-2.34% , RSP , LargeCap Blend S&P=Weight R, RSP

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 another new 3-month high on 7/7/09, indicating a defensive tone to the stock market.

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

Consumer Discretionary (XLY) Bearish, Underweight. The Relative Strength Ratio (XLY/SPY) broke down to a new 3-month low on 7/7/09, indicating weakness for cyclicals.

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 3-month low on 7/7/09, indicating weakness for cyclicals.

Industrial (XLI) Bearish, Underweight. The Relative Strength Ratio (XLI/SPY) broke down to a new 3-month low on 7/7/09, indicating weakness for cyclicals.

Energy (XLE) Bearish, Underweight. The Relative Strength Ratio (XLE/SPY) broke down to another new 8-month low on 7/7/09. 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) broke down to a new 6-week low on 6/30/06. 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 broke down below 2-week lows. But on 7/2/09, the ratio moved up to an 8-year high. So, trends differ in different time frames.

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) fell 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 8-day lows on 7/7/09.

Crude Oil August futures contract price broke down below 6-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 on 7/6/09, 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 6/2/09, and that is Bearish for both GDX and Gold bullion.

U.S. Treasury Bond September futures contract price rose to a 7-week high on 7/7/09. Bonds remain Bullish for the short term.

Bond quality ratios (LQD/TLT) turned down since 6/10/09 and broke down to below 5-week lows on 7/7/09, 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 continues to consolidate losses since its low on 6/2/09.

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 Theoryallows 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 momentum short term, since 6/5/09.

There was a confluence of cycles in early July, which coincided with a downtrend:
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 squared Neptune.
On 7/7/09, Mars sextiled 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
883.87, Gann 75.0% of 2009 range

S&P 500 Cash Index Potential Support
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

4.92% Short 200% QQQ PS, QID
4.81% Short 200% MidCap 400 PS, MZZ
4.27% Short 200% Dow 30 PS, DXD
3.96% Short 200% S&P 500 PS, SDS
2.49% Short 100% QQQ, PSQ
2.28% Short 100% MidCap 400, MYY
2.18% Short 100% Dow 30, DOG
2.06% Short 100% S&P 500, SH
0.67% Bond, 20+ Years Treasury, TLT
0.59% IPOs, First Tr IPOX-100, FPX
0.40% Bond, 10 Year Treasury, IEF
0.32% Bond, Aggregate, AGG
0.16% Bond, TIPS, TIP
0.00% Internet B2B H, BHH
-0.01% Bond, 1-3 Year Treasury, SHY
-0.06% Gold Shares S.T., GLD
-0.17% Bank Regional H, RKH
-0.28% Financial Preferred, PGF
-0.38% SmallCap PS Zacks, PZJ
-0.39% Health Care SPDR, XLV
-0.39% Taiwan Index, EWT
-0.40% Bond, Corp, LQD
-0.41% Healthcare DJ, IYH
-0.45% Health Care VIPERs, VHT
-0.58% Pharmaceutical H, PPH
-0.65% Biotech H, BBH
-0.68% Insurance, PIC
-0.76% Semiconductors, PSI
-0.83% Austria Index, EWO
-0.88% Food & Beverage, PBJ
-0.89% 200% Short Bond 7-10 Yr T, PST
-0.92% OTC Dynamic PS, PWO
-0.94% Healthcare Global, IXJ
-0.98% Preferred Stock iS, PFF
-1.00% Japan LargeCap Blend TOPIX 150, ITF
-1.03% Growth SmallCap Dynamic PS, PWT
-1.07% Japan Index, EWJ
-1.09% Value MidCap Dynamic PS, PWP
-1.10% Consumer Staples VIPERs, VDC
-1.11% South Korea Index, EWY
-1.15% Internet Architecture H, IAH
-1.24% Europe 100 BLDRS, ADRU
-1.24% Consumer Staples SPDR, XLP
-1.26% Value Line Timeliness MidCap Gr, PIV
-1.28% Leisure & Entertainment, PEJ
-1.30% Financial Services DJ, IYG
-1.35% Retail, PMR
-1.35% MidCap Blend Core iS M, JKG
-1.38% Consumer Non-Cyclical, IYK
-1.40% Bond High-Yield Corporate, HYG
-1.41% Biotech & Genome, PBE
-1.42% Value LargeCap Dynamic PS, PWV
-1.47% 200% Short US T Bond, TBT
-1.54% Value LargeCap NYSE 100 iS, NY
-1.56% LargeCap Blend Core iS M, JKD
-1.56% Financial DJ US, IYF
-1.57% Financial SPDR, XLF
-1.58% Singapore Index, EWS
-1.59% Commodity Tracking, DBC
-1.60% Silver Trust iS, SLV
-1.62% Telecom DJ US, IYZ
-1.62% Growth MidCap S&P 400, RFG
-1.63% Retail H, RTH
-1.63% Dividend Achievers PS, PFM
-1.63% Value LargeCap iS M, JKF
-1.64% Pharmaceuticals, PJP
-1.66% Value Large Cap DJ, ELV
-1.67% Dividend Leaders, FDL
-1.67% Value 40 Large Low P/E FT DB, FDV
-1.69% Dividend Appreciation Vipers, VIG
-1.70% Malaysia Index, EWM
-1.71% Pacific VIPERs, VPL
-1.71% Value S&P 500, RPV
-1.72% Software, PSJ
-1.73% Growth BARRA Small Cap 600, IJT
-1.73% Global Titans, DGT
-1.75% Microcap Russell, IWC
-1.78% SmallCap S&P 600, IJR
-1.78% LargeCap Rydex Rus Top 50, XLG
-1.80% Utilities, PUI
-1.80% Value S&P 500 B, IVE
-1.82% Value SmallCap S&P 600, RZV
-1.82% Biotech SPDR, XBI
-1.82% Value SmallCap S&P 600 B, IJS
-1.85% Dividend High Yield Equity PS, PEY
-1.87% LargeCap Blend Dynamic PS, PWC
-1.87% Growth 1000 Russell, IWF
-1.87% LargeCap Blend S&P 100, OEF
-1.87% Spain Index, EWP
-1.90% Belgium Index, EWK
-1.91% LargeCap 1000 R, IWB
-1.92% Consumer Cyclical DJ, IYC
-1.92% Value LargeCap Russell 3000, IWW
-1.93% Telecom H, TTH
-1.93% LargeCap Blend Russell 3000, IWV
-1.94% S&P 500 SPDRs LargeCap Blend, SPY
-1.94% Micro Cap Zachs, PZI
-1.94% Lg Cap Growth PSD, PWB
-1.95% Dividend SPDR, SDY
-1.95% Value VIPERs, VTV
-1.96% S&P 500 iS LargeCap Blend, IVV
-1.97% LargeCap Blend NYSE Composite iS, NYC
-1.97% LargeCap Blend Socially Responsible iS, KLD
-1.98% Financials VIPERs, VFH
-1.98% Growth VIPERs, VUG
-1.98% Growth SmallCap VIPERs, VBK
-1.99% LargeCap VIPERs, VV
-1.99% Utilities SPDR, XLU
-1.99% Growth LargeCap Russell 3000, IWZ
-1.99% South Africa Index, EZA
-2.00% LargeCap Blend S&P 1500 iS, ISI
-2.00% Building & Construction, PKB
-2.00% Value LargeCap Euro STOXX 50 DJ, FEU
-2.00% Developed 100 BLDRS, ADRD
-2.01% Value 1000 Russell, IWD
-2.01% LargeCap Blend Total Market DJ, IYY
-2.02% Wilshire 5000 ST TM, TMW
-2.02% Growth Large Cap, ELG
-2.03% Growth S&P 500/BARRA, IVW
-2.04% Growth Mid Cap Dynamic PS, PWJ
-2.04% Internet Infrastructure H, IIH
-2.04% DIAMONDS (DJIA), DIA
-2.06% Netherlands Index, EWN
-2.06% Blend Total Market VIPERs, VTI
-2.06% Dividend International, PID
-2.07% Growth SmallCap R 2000, IWO
-2.08% India Earnings WTree, EPI
-2.08% Growth LargeCap NASDAQ Fidelity, ONEQ
-2.08% Asia 50 BLDRS, ADRA
-2.08% Growth Small Cap DJ, DSG
-2.09% Energy Exploration & Prod, PXE
-2.09% Extended Mkt VIPERs, VXF
-2.09% Dividend DJ Select, DVY
-2.11% Value MidCap iS M, JKI
-2.11% Growth SmallCap iS M, JKK
-2.14% Utilities VIPERs, VPU
-2.14% Value SmallCap Dynamic PS, PWY
-2.15% Utilities DJ, IDU
-2.15% SmallCap Core iS M, JKJ
-2.16% Telecommunications Global, IXP
-2.16% SmallCap Russell 2000, IWM
-2.17% Utilities H, UTH
-2.17% Telecom Services VIPERs, VOX
-2.18% Value SmallCap VIPERS, VBR
-2.19% Growth MidCap 400 B, IJK
-2.21% Global 100, IOO
-2.21% Value SmallCap Russell 2000, IWN
-2.22% Hong Kong Index, EWH
-2.24% Value LargeCap Fundamental RAFI 1000, PRF
-2.25% Software, IGV
-2.26% Consumer D. VIPERs, VCR
-2.27% MidCap Growth iS M, JKH
-2.29% Natural Resource iS GS, IGE
-2.30% Growth MidCap Russell, IWP
-2.30% Growth LargeCap iS M, JKE
-2.32% MidCap VIPERs, VO
-2.32% Nanotech Lux, PXN
-2.33% Value SmallCap iS M, JKL
-2.34% LargeCap Blend S&P=Weight R, RSP
-2.34% Emerging VIPERs, VWO
-2.34% Metals & Mining SPDR, XME
-2.35% Emerging Markets, EEM
-2.39% Telecommunications & Wireless, PTE
-2.39% Growth EAFE MSCI, EFG
-2.39% Networking, IGN
-2.42% MidCap Russell, IWR
-2.42% MidCap S&P 400 SPDRs, MDY
-2.42% Mexico Index, EWW
-2.42% MidCap S&P 400 iS, IJH
-2.42% Pacific ex-Japan, EPP
-2.43% EAFE Index, EFA
-2.43% Financials Global LargeCap Value, IXG
-2.44% Switzerland Index, EWL
-2.44% Semiconductor SPDR, XSD
-2.45% Growth S&P 500, RPG
-2.46% United Kingdom Index, EWU
-2.47% Info Tech VIPERs, VGT
-2.47% Value MidCap S&P 400 B, IJJ
-2.47% Technology SPDR, XLK
-2.49% Growth LargeCap NASDAQ 100, QQQQ
-2.49% Water Resources, PHO
-2.49% Small Cap VIPERs, VB
-2.52% Technology Global, IXN
-2.54% Value EAFE MSCI, EFV
-2.54% Software H, SWH
-2.55% Technology DJ US, IYW
-2.55% Value Small Cap DJ, DSV
-2.55% European VIPERs, VGK
-2.56% Basic Materials DJ US, IYM
-2.56% Energy DJ, IYE
-2.56% Energy SPDR, XLE
-2.57% Semiconductor H, SMH
-2.59% Materials VIPERs, VAW
-2.59% Oil, Crude, U.S. Oil Fund, USO
-2.62% Energy VIPERs, VDE
-2.64% Canada Index, EWC
-2.64% Oil & Gas, PXJ
-2.64% Value MidCap Russell, IWS
-2.67% Energy Global, IXC
-2.67% Technology MS sT, MTK
-2.67% Technology GS, IGM
-2.67% Semiconductor iS GS, IGW
-2.68% France Index, EWQ
-2.68% Consumer Discretionary SPDR, XLY
-2.78% Homebuilders SPDR, XHB
-2.82% Emerging 50 BLDRS, ADRE
-2.85% Materials SPDR, XLB
-2.91% Aerospace & Defense, PPA
-2.92% Australia Index, EWA
-2.95% Euro STOXX 50, FEZ
-2.95% Europe 350 S&P Index, IEV
-2.98% Germany Index, EWG
-3.03% EMU Europe Index, EZU
-3.05% Industrials VIPERs, VIS
-3.15% Italy Index, EWI
-3.15% Industrial LargeCap Blend DJ US, IYJ
-3.19% Internet H, HHH
-3.26% Transportation Av DJ, IYT
-3.28% Oil Services H, OIH
-3.32% Sweden Index, EWD
-3.38% China LargeCap Growth G D H USX PS, PGJ
-3.42% Industrial SPDR, XLI
-3.50% Capital Markets KWB ST, KCE
-3.59% China 25 iS, FXI
-3.69% Latin Am 40, ILF
-3.70% Real Estate US DJ, IYR
-3.89% REIT VIPERs, VNQ
-3.98% Ultra S&P500 Double, SSO
-4.05% WilderHill Clean Energy PS, PBW
-4.18% Ultra Dow30 Double, DDM
-4.30% REIT Wilshire, RWR
-4.31% Brazil Index, EWZ
-4.37% Realty Cohen & Steers, ICF
-4.72% Ultra MidCap400 Double, MVV
-4.99% Ultra QQQ Double, QLD