Stock Market: minor oversold reversal came on schedule, cyclically.

The S&P 500 cash index jumped up above the highs of the previous 5 trading days, confirmed by rising volume. That might be Bullish for the very short term. But just last week, the S&P broke down below its lowest closing low in 10 weeks, which ought to be a Bearish sign for the intermediate term.

Energy Stock Sector Relative Strength Ratio (XLE/SPY) broke down to another new 8-month low on 7/13/09.

Since 2/18/09, Energy stocks have been underperforming relative to the price of the commodity, crude oil.

Crude Oil August futures contract price broke down below 8-week lows on 7/13/09.

Foreign stock index ETF (EFA) Relative Strength Ratio (EFA/SPY) broke down to a new 8-week low on 7/13/06.

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
2.78% , DSV , Value Small Cap DJ, DSV
1.60% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
2.74% , ELV , Value Large Cap DJ, ELV
2.30% , PSI , Semiconductors, PSI
2.69% , IWW , Value LargeCap Russell 3000, IWW
0.82% , ITF , Japan LargeCap Blend TOPIX 150, ITF
2.12% , IOO , Global 100, IOO
2.30% , TMW , Wilshire 5000 ST TM, TMW
7.88% , CTB , COOPER TIRE
6.54% , UIS , UNISYS
2.10% , DSG , Growth Small Cap DJ, DSG
5.85% , CINF , CINCINNATI FIN
13.73% , FNM , FANNIE MAE
2.66% , JKI , Value MidCap iS M, JKI
1.33% , PUI , Utilities, PUI
1.96% , NYC , LargeCap Blend NYSE Composite iS, NYC
3.78% , VNQ , REIT VIPERs, VNQ
6.40% , XLF , Financial SPDR, XLF
1.93% , SHW , SHERWIN WILLIAMS
9.34% , BAC , BANK OF AMERICA
3.01% , BSX , BOSTON SCIENT
2.13% , PXE , Energy Exploration & Prod, PXE
7.59% , MS , MORGAN STANLEY
4.08% , GCI , GANNETT
5.70% , VFH , Financials VIPERs, VFH
2.08% , RTH , Retail H, RTH
4.91% , KCE , Capital Markets KWB ST, KCE
5.35% , SLM , SLM CORP
6.85% , ALL , ALLSTATE
2.16% , PZJ , SmallCap PS Zacks, PZJ
1.79% , FPX , IPOs, First Tr IPOX-100, FPX
2.68% , RFV , Value MidCap S&P 400, RFV
2.18% , PPA , Aerospace & Defense, PPA
1.67% , ADRU , Europe 100 BLDRS, ADRU
6.33% , MTB , M&T BANK
8.44% , WFC , WELLS FARGO
1.85% , JKK , Growth SmallCap iS M, JKK
5.40% , SCHW.O , CHARLES SCHWAB
5.34% , GS , GOLDMAN SACHS
4.53% , NTRS , NORTHERN TRUST

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-5.62% , EXPD , Expeditors International WA
-11.76% , CIT , CIT GROUP
-1.48% , BHH , Internet B2B H, BHH
-2.69% , EWY , South Korea Index, EWY
-4.38% , HMA , HEALTH MGMT STK A
-1.99% , EWT , Taiwan Index, EWT
-2.42% , SH , Short 100% S&P 500, SH
-1.28% , DISH , EchoStar Communications Corporation
-0.55% , CHRW.O , CH Robinson Worldwide Inc, CHRWD
-1.58% , LPX , LOUISIANA PAC
-4.90% , SDS , Short 200% S&P 500 PS, SDS
-1.67% , THC , TENET HEALTHCARE
-1.17% , NOVL , NOVELL
-0.63% , FAST , Fastenal Company
-0.93% , CVG , CONVERGYS
-2.40% , MYY , Short 100% MidCap 400, MYY
-2.03% , PSQ , Short 100% QQQ, PSQ
-0.44% , FXI , China 25 iS, FXI
-0.19% , SYMC , SYMANTEC
-1.38% , S , SPRINT NEXTEL
-0.17% , MOT , MOTOROLA
-0.23% , EWH , Hong Kong Index, EWH
-3.56% , QID , Short 200% QQQ PS, QID
-0.15% , SNA , SNAP ON
-0.22% , EWS , Singapore Index, EWS
-0.13% , FRX , FOREST LABS STK A
-0.41% , TIP , Bond, TIPS, TIP
-0.09% , KR , KROGER
-0.06% , WLP , WELLPOINT HEALTH
-0.02% , USO , Oil, Crude, U.S. Oil Fund, USO
-0.06% , SHY , Bond, 1-3 Year Treasury, SHY

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 7/10/09.

Consumer Staples (XLP) Bearish, Underweight. The Relative Strength Ratio (XLP/SPY) jumped up to another new 3-month high on 7/8/09, 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 7/8/09, 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 7/8/09, indicating weakness for cyclicals.

Financial (XLF) Bearish, Underweight. The Relative Strength Ratio (XLF/SPY) broke down to a new 10-week low on 7/10/09, showing renewed weakness.

Energy (XLE) Bearish, Underweight. The Relative Strength Ratio (XLE/SPY) broke down to another new 8-month low on 7/13/09. Since 2/18/09, XLE has been underperforming relative to the price of the commodity, crude oil.

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 and July.

Foreign stock index ETF (EFA) Relative Strength Ratio (EFA/SPY) broke down to a new 8-week low on 7/13/06. 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 on 7/7/09. 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 7/8/06, which is relatively Bullish for Growth.

Russell 1000 Value ETF (IWD) fell to a new 4-month low relative to SPY on 7/8/09. 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-week lows on 7/9/09.

Crude Oil August futures contract price broke down below 8-week lows on 7/13/09. Oil remains Bearish for the intermediate term. 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 has underperformed Crude Oil since 2/18/09. The XLE to Crude Oil Ratio broke down to a new 7-month low on 7/7/09.

Gold August futures contract price rose above the highs of the previous 2 trading days on 7/13/09. But just last week, on 7/8/09, Gold broke down below 9-week lows. Gold remains Bearish for the intermediate term. 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 fell to a 2-month low on 7/10/09. That is Bearish for both GDX and Gold bullion.

U.S. Treasury Bond September futures contract price rose to a 7-week high on 7/8/09. 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 7/8/09, 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 4 trading days on 7/9/09, which is Bearish for the short term.

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 42.7% Bulls versus 30.3% Bears as of 7/8/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.41, up from 1.38 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 0.69 on 7/13/9, indicating neutral sentiment. The ratio’s 5-year mean is 0.67, median is 0.65, and its range is 0.35 to 1.35.

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 the mass mood seems to be growing less positive since the peak of the S&P 500 on 6/11/09 as data point to an economy still going down.

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: The A-D Line has been holding up better than the major capitalization-weighted price indexes, such as the S&P 500. The A-D Line has offered 7 positive, bullish divergences relative to the S&P 500 since May, 2008. These bullish divergences have not proved to be reliable signals, however, since the S&P 500 is down substantially over this past 14-month period. As of the close on 7/8/09, the A-D Line held above its May-June, 2009, lows, while the S&P 500 broke down below its May-June lows, for a bullish divergence. Based on all the positive, bullish divergences since May, 2008, this latest bullish divergence seems unlikely to prove to be a useful signal. Most of the time since year 2000, the A-D Line has outperformed the price indexes. Note that the A-D Line substantially underperformed the price indexes from 1956 to 2000, 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 mid- and small-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 mid- and small-capitalization stocks have outperformed the large capitalization stocks since the S&P 500 closing price low on 3/9/09, but they have lost momentum since early June.

The Cumulative Daily Volume of Advancing Stocks-Volume of Declining Stocks Line: The AV-DV Line broke down below its May-June lows, thereby confirming a similar breakdown in the S&P 500. In addition, at the June higher highs in the S&P 500, the AV-DV Line made lower highs, thereby offering negative, bearish divergence. Volume failed to confirm the uptrend in June, and volume is confirming the downtrend now.

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
923.03, Fibonacci 61.8% of June-July 2009 range
912.79, Fibonacci 50.0% of June-July 2009 range
902.52, Fibonacci 38.2% of June-July 2009 range
901.05, high of 7/13/2009

S&P 500 Cash Index Potential Support
883.87, Gann 75.0% of 2009 range
875.32, low of 7/13/2009
872.81, low of 7/10/2009
869.32, low of 7/8/2009
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

6.61% Bank Regional H, RKH
6.40% Financial SPDR, XLF
6.16% Financial Services DJ, IYG
5.70% Financials VIPERs, VFH
5.51% Financial DJ US, IYF
5.00% Ultra S&P500 Double, SSO
4.91% Capital Markets KWB ST, KCE
4.74% Ultra MidCap400 Double, MVV
4.74% Ultra Dow30 Double, DDM
4.48% Realty Cohen & Steers, ICF
4.47% REIT Wilshire, RWR
3.95% Real Estate US DJ, IYR
3.95% Financials Global LargeCap Value, IXG
3.88% Insurance, PIC
3.78% REIT VIPERs, VNQ
3.70% Ultra QQQ Double, QLD
3.55% Value LargeCap Fundamental RAFI 1000, PRF
3.45% Dividend High Yield Equity PS, PEY
3.38% Value SmallCap S&P 600, RZV
3.29% Germany Index, EWG
3.17% EMU Europe Index, EZU
3.05% Value S&P 500 B, IVE
3.04% Materials SPDR, XLB
2.98% Italy Index, EWI
2.95% Euro STOXX 50, FEZ
2.94% Value S&P 500, RPV
2.87% Dividend International, PID
2.87% Netherlands Index, EWN
2.85% Value VIPERs, VTV
2.84% Internet H, HHH
2.82% Value SmallCap Russell 2000, IWN
2.80% Value 1000 Russell, IWD
2.80% Sweden Index, EWD
2.78% Value Small Cap DJ, DSV
2.77% Value LargeCap iS M, JKF
2.74% Value Large Cap DJ, ELV
2.74% Value SmallCap iS M, JKL
2.74% Basic Materials DJ US, IYM
2.71% Retail, PMR
2.69% Value LargeCap Russell 3000, IWW
2.67% Value SmallCap VIPERS, VBR
2.66% Value MidCap iS M, JKI
2.65% European VIPERs, VGK
2.63% Spain Index, EWP
2.60% Value SmallCap S&P 600 B, IJS
2.58% WilderHill Clean Energy PS, PBW
2.57% Europe 350 S&P Index, IEV
2.56% LargeCap Blend Socially Responsible iS, KLD
2.56% Industrial SPDR, XLI
2.55% MidCap S&P 400 iS, IJH
2.54% Value LargeCap NYSE 100 iS, NY
2.50% Value MidCap S&P 400 B, IJJ
2.50% Canada Index, EWC
2.48% France Index, EWQ
2.48% MidCap S&P 400 SPDRs, MDY
2.47% Semiconductor iS GS, IGW
2.46% Value MidCap Russell, IWS
2.46% Growth MidCap S&P 400, RFG
2.45% Dividend Achievers PS, PFM
2.44% LargeCap Blend S&P 100, OEF
2.44% LargeCap Rydex Rus Top 50, XLG
2.44% S&P 500 SPDRs LargeCap Blend, SPY
2.43% LargeCap 1000 R, IWB
2.42% S&P 500 iS LargeCap Blend, IVV
2.41% SmallCap Russell 2000, IWM
2.41% LargeCap VIPERs, VV
2.41% Dividend DJ Select, DVY
2.37% Materials VIPERs, VAW
2.33% Industrials VIPERs, VIS
2.32% LargeCap Blend S&P=Weight R, RSP
2.31% Blend Total Market VIPERs, VTI
2.31% LargeCap Blend S&P 1500 iS, ISI
2.31% Industrial LargeCap Blend DJ US, IYJ
2.30% Wilshire 5000 ST TM, TMW
2.30% MidCap Russell, IWR
2.30% Semiconductors, PSI
2.30% DIAMONDS (DJIA), DIA
2.29% Austria Index, EWO
2.29% Semiconductor H, SMH
2.26% SmallCap S&P 600, IJR
2.26% LargeCap Blend Total Market DJ, IYY
2.25% LargeCap Blend Russell 3000, IWV
2.24% Dividend SPDR, SDY
2.23% MidCap VIPERs, VO
2.20% Extended Mkt VIPERs, VXF
2.20% Software H, SWH
2.20% Small Cap VIPERs, VB
2.19% Dividend Appreciation Vipers, VIG
2.18% Aerospace & Defense, PPA
2.17% Growth MidCap 400 B, IJK
2.17% SmallCap Core iS M, JKJ
2.16% SmallCap PS Zacks, PZJ
2.16% Microcap Russell, IWC
2.15% Global Titans, DGT
2.13% Energy Exploration & Prod, PXE
2.12% Global 100, IOO
2.11% Water Resources, PHO
2.10% Growth Small Cap DJ, DSG
2.09% Growth S&P 500, RPG
2.09% Growth SmallCap Dynamic PS, PWT
2.08% Retail H, RTH
2.08% LargeCap Blend Core iS M, JKD
2.07% Growth SmallCap VIPERs, VBK
2.05% Growth BARRA Small Cap 600, IJT
2.02% Growth LargeCap iS M, JKE
2.00% Semiconductor SPDR, XSD
1.99% Natural Resource iS GS, IGE
1.97% Lg Cap Growth PSD, PWB
1.96% LargeCap Blend NYSE Composite iS, NYC
1.96% Technology DJ US, IYW
1.94% Developed 100 BLDRS, ADRD
1.94% Growth VIPERs, VUG
1.93% Growth Large Cap, ELG
1.93% Building & Construction, PKB
1.92% Growth 1000 Russell, IWF
1.92% Growth LargeCap NASDAQ 100, QQQQ
1.92% Metals & Mining SPDR, XME
1.91% Growth LargeCap NASDAQ Fidelity, ONEQ
1.90% Growth LargeCap Russell 3000, IWZ
1.89% Growth S&P 500/BARRA, IVW
1.89% Value SmallCap Dynamic PS, PWY
1.89% Growth SmallCap R 2000, IWO
1.88% Technology SPDR, XLK
1.87% Technology MS sT, MTK
1.85% Info Tech VIPERs, VGT
1.85% Growth SmallCap iS M, JKK
1.84% Brazil Index, EWZ
1.82% Growth MidCap Russell, IWP
1.81% OTC Dynamic PS, PWO
1.80% LargeCap Blend Dynamic PS, PWC
1.80% Technology GS, IGM
1.79% Consumer Staples SPDR, XLP
1.79% IPOs, First Tr IPOX-100, FPX
1.78% Consumer Cyclical DJ, IYC
1.78% Healthcare Global, IXJ
1.77% Consumer D. VIPERs, VCR
1.77% Belgium Index, EWK
1.76% Health Care SPDR, XLV
1.75% United Kingdom Index, EWU
1.75% EAFE Index, EFA
1.75% Utilities SPDR, XLU
1.71% Oil & Gas, PXJ
1.70% Value LargeCap Dynamic PS, PWV
1.69% Value EAFE MSCI, EFV
1.67% Europe 100 BLDRS, ADRU
1.67% Latin Am 40, ILF
1.65% Leisure & Entertainment, PEJ
1.63% Consumer Discretionary SPDR, XLY
1.63% Switzerland Index, EWL
1.62% Pharmaceutical H, PPH
1.61% Software, PSJ
1.61% Micro Cap Zachs, PZI
1.60% Value LargeCap Euro STOXX 50 DJ, FEU
1.58% Value Line Timeliness MidCap Gr, PIV
1.56% MidCap Growth iS M, JKH
1.56% Consumer Non-Cyclical, IYK
1.56% Nanotech Lux, PXN
1.55% Telecom DJ US, IYZ
1.55% Value MidCap Dynamic PS, PWP
1.55% Growth Mid Cap Dynamic PS, PWJ
1.54% Energy DJ, IYE
1.54% Oil Services H, OIH
1.53% Energy VIPERs, VDE
1.52% Energy SPDR, XLE
1.52% Technology Global, IXN
1.51% Healthcare DJ, IYH
1.49% Value 40 Large Low P/E FT DB, FDV
1.49% Utilities VIPERs, VPU
1.48% Pharmaceuticals, PJP
1.47% Energy Global, IXC
1.47% Telecom Services VIPERs, VOX
1.46% Homebuilders SPDR, XHB
1.46% Software, IGV
1.46% Growth EAFE MSCI, EFG
1.44% Utilities DJ, IDU
1.40% Health Care VIPERs, VHT
1.39% Food & Beverage, PBJ
1.37% Dividend Leaders, FDL
1.36% Internet Architecture H, IAH
1.35% Telecommunications Global, IXP
1.35% MidCap Blend Core iS M, JKG
1.34% Telecom H, TTH
1.34% Utilities H, UTH
1.33% Utilities, PUI
1.32% Biotech H, BBH
1.28% Silver Trust iS, SLV
1.27% Mexico Index, EWW
1.26% 200% Short US T Bond, TBT
1.20% Consumer Staples VIPERs, VDC
1.20% Preferred Stock iS, PFF
1.17% Financial Preferred, PGF
1.17% Networking, IGN
1.16% Biotech SPDR, XBI
1.14% India Earnings WTree, EPI
1.09% Transportation Av DJ, IYT
1.04% Internet Infrastructure H, IIH
0.96% 200% Short Bond 7-10 Yr T, PST
0.94% South Africa Index, EZA
0.85% Asia 50 BLDRS, ADRA
0.83% Australia Index, EWA
0.82% Japan LargeCap Blend TOPIX 150, ITF
0.73% Telecommunications & Wireless, PTE
0.72% Emerging VIPERs, VWO
0.71% Emerging Markets, EEM
0.71% China LargeCap Growth G D H USX PS, PGJ
0.70% Pacific ex-Japan, EPP
0.68% Gold Shares S.T., GLD
0.61% Pacific VIPERs, VPL
0.58% Biotech & Genome, PBE
0.54% Emerging 50 BLDRS, ADRE
0.53% Commodity Tracking, DBC
0.46% Malaysia Index, EWM
0.22% Bond High-Yield Corporate, HYG
0.22% Japan Index, EWJ
-0.02% Oil, Crude, U.S. Oil Fund, USO
-0.05% Bond, Aggregate, AGG
-0.06% Bond, Corp, LQD
-0.06% Bond, 1-3 Year Treasury, SHY
-0.22% Singapore Index, EWS
-0.23% Hong Kong Index, EWH
-0.36% Bond, 10 Year Treasury, IEF
-0.41% Bond, TIPS, TIP
-0.44% China 25 iS, FXI
-0.56% Bond, 20+ Years Treasury, TLT
-1.48% Internet B2B H, BHH
-1.99% Taiwan Index, EWT
-2.03% Short 100% QQQ, PSQ
-2.40% Short 100% MidCap 400, MYY
-2.41% Short 100% Dow 30, DOG
-2.42% Short 100% S&P 500, SH
-2.69% South Korea Index, EWY
-3.56% Short 200% QQQ PS, QID
-4.27% Short 200% Dow 30 PS, DXD
-4.70% Short 200% MidCap 400 PS, MZZ
-4.90% Short 200% S&P 500 PS, SDS