Stock Market: the trend remains Bullish for the very short term, although the pace is unsustainable.

The S&P 500 cash index rose to its highest level in a month, since 6/15/09.

Volume increased but remains at relatively low levels.

U.S. Treasury Bond September futures contract price broke down below the lows of the previous 3 weeks on 7/15/09, which is Bearish for Bonds for the short term.

The U.S. dollar price broke down below the lows of the previous 6 weeks on 7/15/09, which is Bearish for the USD for the intermediate term.

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
3.13% , BHH , Internet B2B H, BHH
3.90% , IAH , Internet Architecture H, IAH
28.94% , GCI , GANNETT
9.76% , SANM , SANMINA
3.92% , DGT , Global Titans, DGT
4.22% , SWH , Software H, SWH
8.12% , NYT , NY TIMES STK A
11.28% , AXP , AMERICAN EXPRESS
3.54% , IOO , Global 100, IOO
3.70% , IGV , Software, IGV
8.33% , RFMD , RF Micro Devices Inc
2.13% , PIC , Insurance, PIC
2.62% , PWO , OTC Dynamic PS, PWO
4.16% , RPV , Value S&P 500, RPV
5.77% , BMS , BEMIS
7.56% , JNPR , Juniper Networks Inc
3.81% , VB , Small Cap VIPERs, VB
10.00% , BC , BRUNSWICK
4.14% , LVLT , LEVEL 3 COMMUNICATIONS
1.97% , JNS , JANUS CAPITAL
4.88% , VIA , VIACOM INC. (New)
8.73% , AMD , ADV MICRO DEV
10.00% , HGSI , Human Genome Sciences Inc
6.64% , LSI , LSI LOGIC
2.69% , PTE , Telecommunications & Wireless, PTE
7.61% , DOW , DOW CHEMICAL
3.15% , VO , MidCap VIPERs, VO
3.75% , EWM , Malaysia Index, EWM
4.37% , IXG , Financials Global LargeCap Value, IXG
6.12% , EWW , Mexico Index, EWW
4.57% , IIH , Internet Infrastructure H, IIH
4.26% , EWQ , France Index, EWQ
4.61% , RZV , Value SmallCap S&P 600, RZV
5.95% , EWZ , Brazil Index, EWZ
6.94% , CCL , CARNIVAL STK A
3.69% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
2.91% , PWY , Value SmallCap Dynamic PS, PWY
3.17% , NYC , LargeCap Blend NYSE Composite iS, NYC
3.60% , ONEQ , Growth LargeCap NASDAQ Fidelity, ONEQ
6.41% , EWY , South Korea Index, EWY

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-3.06% , MYY , Short 100% MidCap 400, MYY
-6.02% , YUM , YUM BRANDS
-2.60% , ABT , ABBOTT LABS
-3.39% , PSQ , Short 100% QQQ, PSQ
-3.07% , DOG , Short 100% Dow 30, DOG
-6.15% , DXD , Short 200% Dow 30 PS, DXD
-5.91% , SDS , Short 200% S&P 500 PS, SDS
-2.93% , SH , Short 100% S&P 500, SH
-6.48% , QID , Short 200% QQQ PS, QID
-6.23% , MZZ , Short 200% MidCap 400 PS, MZZ
-2.57% , TLT , Bond, 20+ Years Treasury, TLT
-0.92% , LQD , Bond, Corp, LQD
-0.66% , MCD , MCDONALDS
-0.65% , AGG , Bond, Aggregate, AGG
-0.37% , CI , CIGNA
-0.77% , BAX , BAXTER INTL
-0.33% , CL , COLGATE
-0.38% , AET , AETNA
-0.24% , SHY , Bond, 1-3 Year Treasury, SHY
-0.39% , CECO , CAREER EDUCATION CORP
-0.10% , CHRW.O , CH Robinson Worldwide Inc, CHRWD
-0.40% , AMGN , AMGEN
-0.49% , AZO , AUTOZONE
-0.81% , APOL , APOLLO GROUP
-0.08% , STJ , ST JUDE MEDICAL
-0.27% , TIP , Bond, TIPS, TIP

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.

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.

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.

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 another new 8-week low on 7/14/06. 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 moved up to an 8-year high on 7/2/09. So, the long-term trend is Bullish.

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 rose above the highs of the previous 4 trading days on 7/15/09. But oil 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 oil has been 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 weeks on 7/15/09, but may encounter resistance overhead. 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 broke down below the lows of the previous 3 weeks on 7/15/09, which is Bearish 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 6 weeks on 7/15/09, which is Bearish for the intermediate 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 35.6% Bulls versus 35.6% Bears as of 7/15/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.00, down from 1.41 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 10-month low of 25.02 on 7/14/09, 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 10-month low of 25.28 on 7/15/09, indicating bullish complacency displacing fear. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

CBOE Put/Call Ratio fell to 0.61 on 7/15/9, 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 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: The A-D Line has been outperforming 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. In fact, 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 major 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 in July, 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 confirmed the downtrend in July.

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
970.61, Fibonacci 161.8% of early July 2009 range
956.23, high of 6/11/2009
948.95, Fibonacci 127.2% of early July 2009 range
943.85, high of 1/6/2009
941.81, Fibonacci 78.6% of June 2009 range
935.66, low of 6/12/2009
933.95, high of 7/15/2009

S&P 500 Cash Index Potential Support
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
918.52, Fibonacci 78.6% of July 2009 range
912.79, Fibonacci 50.0% of June-July 2009 range
910.15, low of 7/15/2009
896.50, low of 7/14/2009
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

6.66% Ultra QQQ Double, QLD
6.41% South Korea Index, EWY
6.25% Ultra Dow30 Double, DDM
6.21% Ultra MidCap400 Double, MVV
6.12% Mexico Index, EWW
5.95% Brazil Index, EWZ
5.86% Latin Am 40, ILF
5.61% Ultra S&P500 Double, SSO
5.49% India Earnings WTree, EPI
5.45% Sweden Index, EWD
5.41% China LargeCap Growth G D H USX PS, PGJ
5.37% Emerging Markets, EEM
5.27% Metals & Mining SPDR, XME
5.20% Emerging VIPERs, VWO
5.15% WilderHill Clean Energy PS, PBW
5.06% 200% Short US T Bond, TBT
4.94% Italy Index, EWI
4.94% Australia Index, EWA
4.92% Germany Index, EWG
4.90% Semiconductor H, SMH
4.79% South Africa Index, EZA
4.75% Singapore Index, EWS
4.72% United Kingdom Index, EWU
4.69% Hong Kong Index, EWH
4.64% Semiconductor SPDR, XSD
4.61% Value SmallCap S&P 600, RZV
4.60% Emerging 50 BLDRS, ADRE
4.59% Euro STOXX 50, FEZ
4.57% Internet Infrastructure H, IIH
4.51% Semiconductor iS GS, IGW
4.50% Pacific ex-Japan, EPP
4.48% Homebuilders SPDR, XHB
4.45% Networking, IGN
4.44% Basic Materials DJ US, IYM
4.43% Taiwan Index, EWT
4.37% Financials Global LargeCap Value, IXG
4.36% Canada Index, EWC
4.34% Info Tech VIPERs, VGT
4.34% Oil Services H, OIH
4.28% China 25 iS, FXI
4.26% France Index, EWQ
4.26% Oil & Gas, PXJ
4.26% Europe 350 S&P Index, IEV
4.25% Financial SPDR, XLF
4.24% Technology MS sT, MTK
4.24% Oil, Crude, U.S. Oil Fund, USO
4.22% Software H, SWH
4.21% Technology DJ US, IYW
4.19% Materials VIPERs, VAW
4.17% Technology GS, IGM
4.16% Value S&P 500, RPV
4.16% Technology Global, IXN
4.16% Value SmallCap Russell 2000, IWN
4.14% EMU Europe Index, EZU
4.14% Financial Services DJ, IYG
4.08% Nanotech Lux, PXN
4.07% Belgium Index, EWK
4.06% European VIPERs, VGK
3.97% Natural Resource iS GS, IGE
3.92% Materials SPDR, XLB
3.92% Global Titans, DGT
3.92% Value SmallCap iS M, JKL
3.90% Europe 100 BLDRS, ADRU
3.90% Internet Architecture H, IAH
3.88% Realty Cohen & Steers, ICF
3.86% Energy Global, IXC
3.85% SmallCap Russell 2000, IWM
3.85% Value SmallCap VIPERS, VBR
3.85% Microcap Russell, IWC
3.82% Semiconductors, PSI
3.81% Small Cap VIPERs, VB
3.78% Value LargeCap Fundamental RAFI 1000, PRF
3.76% Energy VIPERs, VDE
3.75% Value SmallCap S&P 600 B, IJS
3.75% SmallCap S&P 600, IJR
3.75% Financials VIPERs, VFH
3.75% Malaysia Index, EWM
3.75% Technology SPDR, XLK
3.72% Austria Index, EWO
3.70% REIT VIPERs, VNQ
3.70% Water Resources, PHO
3.70% Software, IGV
3.69% REIT Wilshire, RWR
3.69% Value LargeCap Euro STOXX 50 DJ, FEU
3.68% Dividend High Yield Equity PS, PEY
3.64% Financial DJ US, IYF
3.62% Micro Cap Zachs, PZI
3.61% Netherlands Index, EWN
3.61% Bank Regional H, RKH
3.60% Growth LargeCap NASDAQ Fidelity, ONEQ
3.57% Energy DJ, IYE
3.57% Value Small Cap DJ, DSV
3.56% Value MidCap iS M, JKI
3.55% Energy SPDR, XLE
3.54% Value EAFE MSCI, EFV
3.54% Global 100, IOO
3.51% Growth SmallCap R 2000, IWO
3.50% Spain Index, EWP
3.49% Internet H, HHH
3.49% Growth S&P 500, RPG
3.47% Growth Small Cap DJ, DSG
3.44% Real Estate US DJ, IYR
3.43% Switzerland Index, EWL
3.43% Software, PSJ
3.42% EAFE Index, EFA
3.41% Value MidCap Russell, IWS
3.41% Extended Mkt VIPERs, VXF
3.40% Industrials VIPERs, VIS
3.39% SmallCap PS Zacks, PZJ
3.39% Growth SmallCap Dynamic PS, PWT
3.38% Growth SmallCap VIPERs, VBK
3.37% SmallCap Core iS M, JKJ
3.36% Growth LargeCap NASDAQ 100, QQQQ
3.34% Energy Exploration & Prod, PXE
3.33% Growth MidCap S&P 400, RFG
3.30% Industrial LargeCap Blend DJ US, IYJ
3.27% Value 1000 Russell, IWD
3.25% Developed 100 BLDRS, ADRD
3.25% Growth SmallCap iS M, JKK
3.21% Value MidCap S&P 400 B, IJJ
3.18% LargeCap Blend S&P 1500 iS, ISI
3.18% Growth BARRA Small Cap 600, IJT
3.17% LargeCap Blend S&P=Weight R, RSP
3.17% LargeCap Blend NYSE Composite iS, NYC
3.17% Building & Construction, PKB
3.16% Value LargeCap Russell 3000, IWW
3.15% Growth EAFE MSCI, EFG
3.15% MidCap VIPERs, VO
3.14% Wilshire 5000 ST TM, TMW
3.13% Internet B2B H, BHH
3.12% Consumer D. VIPERs, VCR
3.12% Value VIPERs, VTV
3.11% Growth LargeCap iS M, JKE
3.11% Industrial SPDR, XLI
3.08% Dividend SPDR, SDY
3.08% Value LargeCap iS M, JKF
3.06% MidCap Growth iS M, JKH
3.06% MidCap S&P 400 SPDRs, MDY
3.04% DIAMONDS (DJIA), DIA
3.01% Capital Markets KWB ST, KCE
3.00% LargeCap Blend Total Market DJ, IYY
2.99% LargeCap Blend Socially Responsible iS, KLD
2.99% Blend Total Market VIPERs, VTI
2.98% MidCap S&P 400 iS, IJH
2.96% LargeCap Blend S&P 100, OEF
2.95% Value Large Cap DJ, ELV
2.95% Growth Large Cap, ELG
2.95% Value S&P 500 B, IVE
2.93% Growth S&P 500/BARRA, IVW
2.92% S&P 500 SPDRs LargeCap Blend, SPY
2.92% LargeCap Blend Core iS M, JKD
2.92% LargeCap VIPERs, VV
2.91% Value SmallCap Dynamic PS, PWY
2.90% LargeCap 1000 R, IWB
2.90% S&P 500 iS LargeCap Blend, IVV
2.88% LargeCap Blend Russell 3000, IWV
2.87% LargeCap Rydex Rus Top 50, XLG
2.87% MidCap Russell, IWR
2.86% MidCap Blend Core iS M, JKG
2.82% Dividend DJ Select, DVY
2.81% Value MidCap Dynamic PS, PWP
2.79% Growth MidCap 400 B, IJK
2.78% Growth VIPERs, VUG
2.76% Consumer Discretionary SPDR, XLY
2.70% Value LargeCap NYSE 100 iS, NY
2.69% Silver Trust iS, SLV
2.69% Telecommunications & Wireless, PTE
2.64% Commodity Tracking, DBC
2.62% OTC Dynamic PS, PWO
2.62% Growth 1000 Russell, IWF
2.56% Growth MidCap Russell, IWP
2.56% Growth LargeCap Russell 3000, IWZ
2.53% Consumer Cyclical DJ, IYC
2.52% Growth Mid Cap Dynamic PS, PWJ
2.49% Dividend International, PID
2.47% Value 40 Large Low P/E FT DB, FDV
2.45% Consumer Non-Cyclical, IYK
2.44% Dividend Leaders, FDL
2.42% Pacific VIPERs, VPL
2.40% Telecom Services VIPERs, VOX
2.39% LargeCap Blend Dynamic PS, PWC
2.38% Dividend Achievers PS, PFM
2.33% Aerospace & Defense, PPA
2.32% Retail, PMR
2.30% Telecom DJ US, IYZ
2.30% Lg Cap Growth PSD, PWB
2.23% Dividend Appreciation Vipers, VIG
2.21% Bond High-Yield Corporate, HYG
2.21% Value LargeCap Dynamic PS, PWV
2.18% Asia 50 BLDRS, ADRA
2.14% Telecommunications Global, IXP
2.14% Retail H, RTH
2.13% Insurance, PIC
2.09% Preferred Stock iS, PFF
2.09% Utilities VIPERs, VPU
2.05% Value Line Timeliness MidCap Gr, PIV
2.05% Biotech & Genome, PBE
2.04% Leisure & Entertainment, PEJ
2.01% 200% Short Bond 7-10 Yr T, PST
1.99% Utilities SPDR, XLU
1.99% Utilities H, UTH
1.97% Consumer Staples VIPERs, VDC
1.92% Utilities DJ, IDU
1.88% Telecom H, TTH
1.86% Transportation Av DJ, IYT
1.74% Utilities, PUI
1.63% Consumer Staples SPDR, XLP
1.57% Gold Shares S.T., GLD
1.52% Biotech SPDR, XBI
1.33% Healthcare Global, IXJ
1.32% Pharmaceuticals, PJP
1.09% Japan Index, EWJ
1.03% Biotech H, BBH
1.02% Health Care VIPERs, VHT
0.99% Japan LargeCap Blend TOPIX 150, ITF
0.98% Food & Beverage, PBJ
0.92% Healthcare DJ, IYH
0.88% Financial Preferred, PGF
0.88% Health Care SPDR, XLV
0.88% Pharmaceutical H, PPH
0.78% IPOs, First Tr IPOX-100, FPX
-0.24% Bond, 1-3 Year Treasury, SHY
-0.27% Bond, TIPS, TIP
-0.65% Bond, Aggregate, AGG
-0.92% Bond, Corp, LQD
-1.29% Bond, 10 Year Treasury, IEF
-2.57% Bond, 20+ Years Treasury, TLT
-2.93% Short 100% S&P 500, SH
-3.06% Short 100% MidCap 400, MYY
-3.07% Short 100% Dow 30, DOG
-3.39% Short 100% QQQ, PSQ
-5.91% Short 200% S&P 500 PS, SDS
-6.15% Short 200% Dow 30 PS, DXD
-6.23% Short 200% MidCap 400 PS, MZZ
-6.48% Short 200% QQQ PS, QID