RobertWColby's Commentaries

Daily Stock Market Commentary

Stock Market: a reaction day.

S&P 500 price index recovered partially on Thursday, but volume declined, thereby failing to confirm price strength.

Price momentum oscillators barely budged, after diverging bearishly for weeks. The oscillators are closer to overbought and are far from oversold.

The majority recognizes that the trend is up. Investor sentiment indicators have been reflecting bullish complacency for 3 months. By The Art of Contrary Thinking, the market could be vulnerable to a downside surprise, catching the majority off guard.

Health Care Stock Sector Relative Strength Ratio (XLV/SPY) fell further below the lows of the previous 12 months on 10/22/09.


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

22.51% , NYT , NY TIMES STK A
12.66% , PNC , PNC FINL SVC
7.51% , KBH , KB HOME
7.17% , GR , GOODRICH CORP
0.61% , ADRA , Asia 50 BLDRS, ADRA
5.02% , CHKP , Check Point Software Technologies Ltd
6.93% , TNB , THOMAS & BETTS
7.60% , LEN , Lennar Corp. (LEN)
1.50% , MI , MARSHAL & ILSLEY
5.16% , CB , CHUBB
7.75% , AMP , Ameriprise Financial Inc.
5.70% , KMB , KIMBERLY CLARK
4.06% , XHB , Homebuilders SPDR, XHB
9.13% , PLD , PROLOGIS TRUST
2.03% , JKL , Value SmallCap iS M, JKL
2.76% , CEPH , Cephalon Inc
6.30% , AIG , AMER INTL GROUP
0.73% , IYH , Healthcare DJ, IYH
4.02% , XRX , XEROX
0.68% , EWU , United Kingdom Index, EWU
1.56% , IXP , Telecommunications Global, IXP
3.22% , MMM , 3M
2.01% , MCD , MCDONALDS
0.74% , SWH , Software H, SWH
5.25% , STI , SUNTRUST BANKS
6.80% , NVLS , NOVELLUS SYS
6.53% , PHM , PULTE HOMES
1.00% , KCE , Capital Markets KWB ST, KCE
1.59% , CECO , CAREER EDUCATION CORP
2.14% , CBE , COOPER INDS STK A
1.44% , IXG , Financials Global LargeCap Value, IXG
4.64% , COF , CAPITAL ONE FNCL
5.02% , ACS , AFFILIATED COMPUTER
4.25% , HON , HONEYWELL INTL
4.36% , DHI , D.R. HORTON, DHI
2.58% , MVV , Ultra MidCap400 Double, MVV
2.15% , BCR , C R BARD
2.39% , IYG , Financial Services DJ, IYG
1.48% , PZI , Micro Cap Zachs, PZI
2.38% , BBBY , BED BATH BEYOND

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

-10.88% , NCR , NCR
-2.70% , PZJ , SmallCap PS Zacks, PZJ
-6.29% , JNS , JANUS CAPITAL
-4.90% , RFMD , RF Micro Devices Inc
-3.87% , CTXS , CITRIX SYSTEMS
-3.29% , HSY , HERSHEY FOODS
-0.50% , HHH , Internet H, HHH
-2.86% , UNP , UNION PACIFIC
-3.05% , PTV , PACTIV
-1.88% , NIHD , NII Holdings, Inc.
-4.29% , AMGN , AMGEN
-2.39% , CIEN.O , CIENA
-3.15% , LM , LEGG MASON
-3.45% , ERIC.O , LM Ericsson Telephone Company
-2.68% , PM , Philip Morris, PM
-3.96% , NUE , NUCOR
-1.44% , WAT , WATERS
-2.62% , DXD , Short 200% Dow 30 PS, DXD
-4.23% , EBAY , EBAY
-1.13% , MIL , MILLIPORE
-3.27% , DLX , DELUXE
-0.77% , APOL , APOLLO GROUP
-1.67% , HOT , STARWOOD HOTELS
-0.95% , PKI , PERKINELMER
-1.08% , BC , BRUNSWICK
-0.80% , QCOM , QUALCOMM
-0.54% , PMCS , PMC SIERRA
-1.28% , DOG , Short 100% Dow 30, DOG
-0.48% , LLTC , LINEAR TECH
-1.22% , GE , GENERAL ELECTRIC
-1.03% , EMC , EMC
-0.91% , LSI , LSI LOGIC
-0.13% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-0.23% , AEE , AMEREN
-0.15% , TLAB , TELLABS
-0.52% , WPI , WATSON PHARM
-1.60% , EOG , EOG RESOURCES
-0.42% , SIAL , SIGMA ALDRICH
-1.61% , R , RYDER SYSTEM
-0.30% , PBE , Biotech & Genome, PBE

9 major U.S. stock sectors ranked in order of long-term relative strength:

Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) appears choppy short term. Intermediate term, the relative trend appears neutral/sideways since peaking on 4/30/09. XLY was strong from 11/19/08 to 4/30/09, and that past strength accounts for XLY’s high ranking here. The XLY/SPY trend was clearly down from 1/5/05 to 11/19/08.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) turned upward after 10/16/09. The XLK/SPY Ratio has been stuck in a moderate correction for the intermediate term, since peaking on 7/22/09. Long term, on 7/22/09, XLK/SPY rose to its highest level in 7 years, thereby confirming a long-term uptrend in effect since 9/30/02.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) peaked on 8/5/09 and has been consolidating gains since. XLB/SPY was in an intermediate-term uptrend from its low on 12/5/08 to its high on 8/5/09.

Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) dropped sharply since making a peak on 10/14/09. XLF/SPY broke down to a new 11-week low on 10/21/09.

Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) rose to another a new 4-month high on 10/21/09, and absolute price confirmed. XLE/SPY has been in a strong uptrend short-term, in this month of October 2009. Longer term, it appears likely that XLE/SPY bottomed a year ago, on 10/16/08, and has been building a technical base over the past year.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) has stabilized since making a low on 10/7/09 but is still well below its high of 9/17/09. XLI/SPY was in an intermediate-term uptrend from its low on 3/6/09 to its high on 9/17/09.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) has been in a moderate downtrend since peaking on 11/20/08, as the appetite for risk recovered.

Health Care (XLV) Bearish, Underweight. The Relative Strength Ratio (XLV/SPY) fell further below the lows of the previous 12 months on 10/22/09. XLV/SPY has been relatively weak since 2/23/09.

Utilities (XLU) Bearish, Underweight. The Relative Strength Ratio (XLU/SPY) fell below previous 24-month lows on 10/14/09. XLU has underperformed since 11/21/08, as the appetite for risk recovered.

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) moved further above previous 6-year highs on 10/14/09. Trends remain bullish in all time frames.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) rose above previous 6-week highs on 10/21/09 and appears to be in position to resume its year-long uptrend. The ratio outperformed from 10/27/08 to 9/9/09. EFA is the ETF representing the EAFE, the international developed country stock markets, excluding the U.S. and Canada.

NASDAQ Composite/S&P 500 Relative Strength Ratio fell below previous 6-week lows on 10/15/09. The ratio peaked out on 7/23/09 and has been correcting and consolidating since.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) has been correcting and consolidating gains since the peak on 3/5/09. IWF/IWD was in an uptrend from 8/8/06 to 3/5/09, and it is quite possible that uptrend could resume.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) has been correcting and consolidating gains in recent weeks. Intermediate term, IWD/SPY outperformed from 3/6/09 to 9/18/09. Long term, IWD/SPY remains in a Bearish Major Trend, underperforming since 3/22/07.

The S&P 500 equally weighted index relative to the S&P 500 capitalization weighted index has been consolidating gains since 9/16/09. The ratio had been in a strong uptrend from 11/19/08 to 9/16/09, and that trend could resume.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) broke down below 3-week lows on 10/19/09. It has been in a downtrend since 11/20/08 as the market shifted toward a more aggressive risk seeking posture.

The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) fell further below previous 6-weeks lows on 10/21/09. The intermediate-term trend remains bearish. IWM/SPY was in an uptrend from 3/9/09 to 9/18/09, but that uptrend now may be in question.

The Mid Cap/Large Cap Relative Strength Ratio (MDY/SPY) has been consolidating gains since 9/16/09. The secular trend since 1999 remains bullish.

Crude Oil nearest futures contract price rose to another new 12-month high of 82.00 on 10/21/09. The main trend remains bullish. Potential support may be seen at the 77.64 low of 10/21/09 and at the high of 75.00 set on 8/25/09.

Gold nearest futures contract price has been consolidating gains since hitting 1072.0 on10/14/09. All trends remain bullish, and Gold appears to have substantial upside potential. Technical supports might be found around previous highs and lows at 1043.7, 1033.9, 1024.7, 982.2, 940.3, 931.5, 925.2 and 904.8, based on the nearest futures contract. Watch highs at 1069.0 and 1072.0 for potential resistance.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to Gold bullion) turned down moderately after 10/13/09. The short-term trend appears uncertain. The ratio rose to a 14-month high on 9/17/09, confirming a preexisting longer-term uptrend in effect since 10/27/08. This main trend remains bullish for both Gold bullion and Gold Mining Stocks.

Silver/Gold Ratio turned down after 9/16/09. The short-term trend has been neutral/choppy, suggesting some uncertainty about global economic prospects.

Copper nearest futures contract price broke out to a new 13-month high of 3.0575 on 10/21/09, confirming that the main trend remains bullish. Rising copper prices suggest growing confidence about global economic prospects.

U.S. Treasury Bond December futures contract price fell below the low of the previous 2 trading days on 10/22/09. The short-term trend appears choppy and uncertain, but the 4-month trend still looks bullish. The Bond may find short-term support around the previous lows of 118.20 set on 10/15/09, 118.07 set on 9/23/09, 117.18 set on 9/9/09, and 116.30 set on 8/24/09. On 8/7/09, Bonds found support at the upper end of the 112-115 zone of many previous reversal points (including both lows and highs).

Bond Quality Relative Strength Ratio (JNK/LQD) broke out to a new 12-month high on 10/21/09, indicating an appetite for risk.

The U.S. dollar nearest futures contract price fell further below the lows of the previous 14 months on 10/21/09. The major trend remains bearish.

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 49.5% Bulls versus 23.1% Bears as of 10/21/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 2.14, up from 1.79 the previous week. The ratio was 2.61 on 8/26/09, the highest reading since 10/17/07. 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 touched a new 13-month low of 20.10 on 10/21/09, confirming declining fear. VIX is down from a closing high of 80.86 set on 11/20/08. 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 touched a new 13-month low of 20.75 on 10/21/09. VXN is down from a closing high of 80.64 set on 11/20/08. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

ISEE Call/Put Ratio rose to 1.82 on 10/14/09, 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.

CBOE Put/Call Ratio fell to 0.46 on 10/14/09, indicating bullish 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. Since the stock market low on 3/9/09, massive monetary and fiscal stimulation appears to have had a Bullish impact on investor sentiment.

The Dow Theory signaled a Primary Tide Bull Market on 7/23/09 when both the Dow-Jones Industrial Average the Dow-Jones Transportation Average closed above their May-June 2009 closing price highs. This reverses the previous signal: the two Averages signaled a Primary Tide Bear Market on 11/21/07, when both Averages closed below their closing price lows of August, 2007.

S&P 500 Cash Index Potential Resistance
1,074.31, low of 10/22/2009
1,066.71, low of 10/13/2009
1,060.55, high of 10/6/2009
1,042.58, high of 10/5/2009
1,041.17, low of 9/25/2009
1,035.00, low of 9/14/2009
1,042.3, Gann 87.5% of 2009 range
1,019.85, low of 10/2/2009
1,014.14, Fibonacci 38.2% of 2007-2009 drop
1,007.78, Gann 37.5% of 2007-2009 range
991.97, low of 9/2/2009
995.13, Fibonacci 23.6% of 2009 range
978.51, low of 8/17/2009
989.12, Gann 75% of 2009 range
956.23, high of 6/11/2009
932.39, Fibonacci 38.2% of 2009 range
930.17, high of 5/8/2009
881.68, Fibonacci 50% of 2009 range
869.32, low of 7/8/2009
826.83, low of 4/21/2009
830.96, Fibonacci 61.8% of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
774.23, Gann 25% of 2009 range
758.61, Fibonacci 78.6% of 2009 range
720.51, Gann 12.5% 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


4.06% Homebuilders SPDR, XHB
3.51% Bank Regional H, RKH
2.96% Financial SPDR, XLF
2.93% Realty Cohen & Steers, ICF
2.91% REIT Wilshire, RWR
2.64% Ultra Dow30 Double, DDM
2.63% REIT VIPERs, VNQ
2.59% Financials VIPERs, VFH
2.59% Financial DJ US, IYF
2.58% Ultra MidCap400 Double, MVV
2.45% Dividend High Yield Equity PS, PEY
2.41% South Africa Index, EZA
2.39% Financial Services DJ, IYG
2.25% Real Estate US DJ, IYR
2.06% Belgium Index, EWK
2.03% Value SmallCap iS M, JKL
1.94% Value SmallCap VIPERS, VBR
1.93% Value S&P 500, RPV
1.89% Ultra S&P500 Double, SSO
1.85% Semiconductor H, SMH
1.83% Growth MidCap S&P 400, RFG
1.74% Insurance, PIC
1.71% Aerospace & Defense, PPA
1.68% Value Small Cap DJ, DSV
1.66% Small Cap VIPERs, VB
1.64% Value SmallCap Dynamic PS, PWY
1.64% Consumer D. VIPERs, VCR
1.64% Value SmallCap S&P 600 B, IJS
1.63% Networking, IGN
1.59% Value MidCap Russell, IWS
1.57% Dividend SPDR, SDY
1.56% Telecommunications Global, IXP
1.51% Oil Services H, OIH
1.50% Value SmallCap Russell 2000, IWN
1.48% Micro Cap Zachs, PZI
1.47% Value Large Cap DJ, ELV
1.45% SmallCap Core iS M, JKJ
1.44% Financials Global LargeCap Value, IXG
1.44% Value VIPERs, VTV
1.42% Value MidCap S&P 400 B, IJJ
1.39% SmallCap Russell 2000, IWM
1.39% OTC Dynamic PS, PWO
1.38% Netherlands Index, EWN
1.37% Materials VIPERs, VAW
1.37% LargeCap Blend S&P=Weight R, RSP
1.36% Microcap Russell, IWC
1.33% Building & Construction, PKB
1.33% Australia Index, EWA
1.32% Oil & Gas, PXJ
1.32% Dividend DJ Select, DVY
1.32% DIAMONDS (DJIA), DIA
1.32% Consumer Discretionary SPDR, XLY
1.32% Value MidCap iS M, JKI
1.31% Dividend Achievers PS, PFM
1.31% Biotech SPDR, XBI
1.31% Dividend Appreciation Vipers, VIG
1.31% SmallCap S&P 600, IJR
1.27% Value S&P 500 B, IVE
1.25% Value LargeCap Dynamic PS, PWV
1.25% EMU Europe Index, EZU
1.23% Growth SmallCap VIPERs, VBK
1.23% MidCap Russell, IWR
1.22% Value LargeCap Fundamental RAFI 1000, PRF
1.22% European VIPERs, VGK
1.22% Growth MidCap Russell, IWP
1.21% Value SmallCap S&P 600, RZV
1.21% MidCap S&P 400 SPDRs, MDY
1.21% Wilshire 5000 ST TM, TMW
1.20% Retail H, RTH
1.20% LargeCap Blend Dynamic PS, PWC
1.19% Materials SPDR, XLB
1.19% LargeCap Blend Core iS M, JKD
1.19% Growth EAFE MSCI, EFG
1.19% Growth SmallCap R 2000, IWO
1.18% Consumer Cyclical DJ, IYC
1.15% MidCap Blend Core iS M, JKG
1.13% Value LargeCap Russell 3000, IWW
1.13% Germany Index, EWG
1.13% Growth BARRA Small Cap 600, IJT
1.12% Extended Mkt VIPERs, VXF
1.12% Value Line Timeliness MidCap Gr, PIV
1.11% MidCap S&P 400 iS, IJH
1.10% Spain Index, EWP
1.09% Value 1000 Russell, IWD
1.09% LargeCap Blend Russell 3000, IWV
1.09% Global 100, IOO
1.08% Europe 100 BLDRS, ADRU
1.08% LargeCap VIPERs, VV
1.08% Blend Total Market VIPERs, VTI
1.07% Euro STOXX 50, FEZ
1.07% LargeCap Blend S&P 1500 iS, ISI
1.07% Semiconductor iS GS, IGW
1.06% Basic Materials DJ US, IYM
1.06% Value LargeCap NYSE 100 iS, NY
1.04% Growth Mid Cap Dynamic PS, PWJ
1.04% Growth MidCap 400 B, IJK
1.03% Value MidCap Dynamic PS, PWP
1.03% Italy Index, EWI
1.03% Short 200% US T Bond, TBT
1.03% LargeCap 1000 R, IWB
1.02% S&P 500 SPDRs LargeCap Blend, SPY
1.00% Capital Markets KWB ST, KCE
1.00% Dividend International, PID
1.00% Europe 350 S&P Index, IEV
1.00% LargeCap Blend NYSE Composite iS, NYC
1.00% Retail, PMR
0.99% S&P 500 iS LargeCap Blend, IVV
0.99% LargeCap Blend Socially Responsible iS, KLD
0.99% Telecom DJ US, IYZ
0.99% LargeCap Blend Total Market DJ, IYY
0.98% Latin Am 40, ILF
0.98% Water Resources, PHO
0.97% EAFE Index, EFA
0.97% Value LargeCap iS M, JKF
0.95% Growth 1000 Russell, IWF
0.95% MidCap VIPERs, VO
0.94% France Index, EWQ
0.93% China 25 iS, FXI
0.93% Growth LargeCap Russell 3000, IWZ
0.90% Dividend Leaders, FDL
0.89% MidCap Growth iS M, JKH
0.89% Ultra QQQ Double, QLD
0.88% Pharmaceutical H, PPH
0.87% Global Titans, DGT
0.87% Telecommunications & Wireless, PTE
0.86% Energy Global, IXC
0.86% Brazil Index, EWZ
0.86% Growth S&P 500/BARRA, IVW
0.85% Switzerland Index, EWL
0.83% Emerging Markets, EEM
0.83% Malaysia Index, EWM
0.82% Sweden Index, EWD
0.82% Pacific ex-Japan, EPP
0.82% Growth Small Cap DJ, DSG
0.81% Industrials VIPERs, VIS
0.81% Software, PSJ
0.81% Commodity Tracking, DBC
0.81% Lg Cap Growth PSD, PWB
0.81% Energy DJ, IYE
0.79% Emerging VIPERs, VWO
0.77% Financial Preferred, PGF
0.77% Canada Index, EWC
0.77% Growth S&P 500, RPG
0.76% Bond, High-Yield Corporate, HYG
0.76% LargeCap Blend S&P 100, OEF
0.74% Software H, SWH
0.73% Growth VIPERs, VUG
0.73% Healthcare DJ, IYH
0.72% Industrial SPDR, XLI
0.72% Energy VIPERs, VDE
0.72% Health Care VIPERs, VHT
0.72% Value EAFE MSCI, EFV
0.71% LargeCap Rydex Rus Top 50, XLG
0.70% Industrial LargeCap Blend DJ US, IYJ
0.68% United Kingdom Index, EWU
0.68% Healthcare Global, IXJ
0.67% Value 40 Large Low P/E FT DB, FDV
0.66% Internet Architecture H, IAH
0.66% Telecom Services VIPERs, VOX
0.64% Health Care SPDR, XLV
0.64% Growth Large Cap, ELG
0.64% Technology DJ US, IYW
0.64% Developed 100 BLDRS, ADRD
0.64% Growth LargeCap iS M, JKE
0.61% Asia 50 BLDRS, ADRA
0.59% Bond, Corp, LQD
0.57% Technology GS, IGM
0.54% Growth LargeCap NASDAQ Fidelity, ONEQ
0.52% Pharmaceuticals, PJP
0.51% Growth SmallCap iS M, JKK
0.51% Technology Global, IXN
0.50% Food & Beverage, PBJ
0.48% IPOs, First Tr IPOX-100, FPX
0.48% Austria Index, EWO
0.47% Technology SPDR, XLK
0.47% Pacific VIPERs, VPL
0.46% Singapore Index, EWS
0.44% Software, IGV
0.44% Short 200% Bond 7-10 Yr T, PST
0.44% Semiconductor SPDR, XSD
0.41% Utilities, PUI
0.39% Growth LargeCap NASDAQ 100, QQQQ
0.39% Info Tech VIPERs, VGT
0.39% Energy SPDR, XLE
0.39% Utilities H, UTH
0.35% Technology MS sT, MTK
0.35% Consumer Non-Cyclical, IYK
0.34% Telecom H, TTH
0.34% Oil, Crude, U.S. Oil Fund, USO
0.31% Hong Kong Index, EWH
0.28% Utilities DJ, IDU
0.24% Utilities VIPERs, VPU
0.23% Utilities SPDR, XLU
0.21% China LargeCap Growth G D H USX PS, PGJ
0.21% Emerging 50 BLDRS, ADRE
0.20% Japan Index, EWJ
0.20% Natural Resource iS GS, IGE
0.17% Consumer Staples SPDR, XLP
0.17% Gold Shares S.T., GLD
0.17% Consumer Staples VIPERs, VDC
0.10% Leisure & Entertainment, PEJ
0.09% WilderHill Clean Energy PS, PBW
0.06% Energy Exploration & Prod, PXE
0.05% Transportation Av DJ, IYT
0.05% India Earnings WTree, EPI
0.01% Bond, 1-3 Year Treasury, SHY
0.01% Preferred Stock iS, PFF
0.00% Internet B2B H, BHH
-0.02% Mexico Index, EWW
-0.08% Growth SmallCap Dynamic PS, PWT
-0.10% Nanotech Lux, PXN
-0.13% Value LargeCap Euro STOXX 50 DJ, FEU
-0.15% Bond, Aggregate, AGG
-0.23% Silver Trust iS, SLV
-0.29% Bond, 10 Year Treasury, IEF
-0.30% Japan LargeCap Blend TOPIX 150, ITF
-0.30% Biotech & Genome, PBE
-0.39% Short 100% QQQ, PSQ
-0.41% Semiconductors, PSI
-0.44% Taiwan Index, EWT
-0.49% Bond, 20+ Years Treasury, TLT
-0.49% Bond, TIPS, TIP
-0.50% Internet H, HHH
-0.64% Metals & Mining SPDR, XME
-0.76% South Korea Index, EWY
-1.00% Short 200% QQQ PS, QID
-1.00% Short 100% S&P 500, SH
-1.23% Short 100% MidCap 400, MYY
-1.24% Internet Infrastructure H, IIH
-1.28% Short 100% Dow 30, DOG
-1.76% Biotech H, BBH
-2.14% Short 200% S&P 500 PS, SDS
-2.26% Short 200% MidCap 400 PS, MZZ
-2.62% Short 200% Dow 30 PS, DXD
-2.70% SmallCap PS Zacks, PZJ

Tags:
stocks, bonds, dow-theory, gold, silver, copper, dollar

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