Sign inRobertWColby's Commentaries
Daily Stock Market Commentary
Stock Market: largest decline in 3 weeks.
S&P 500 price index suffered its biggest loss since 10/1/09 and finished below the closes of the past 7 trading days, the lowest close since 10/13/09.
Price momentum oscillators are trending down, after diverging bearishly for weeks. The oscillators are still closer to overbought than 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.
The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) fell below the lows of the previous 13-weeks on 10/23/09, confirming the preexisting bearish trend.
Bond Quality Relative Strength Ratio (JNK/LQD) rose further to another new 12-month high on 10/23/09, indicating an increasing 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
21.74% , PWER , POWER ONE
26.80% , AMZN , Amazoncom Inc
11.97% , CPWR , COMPUWARE
5.38% , MSFT , MICROSOFT
10.51% , TROW , T ROWE PRICE GP
6.84% , COF , CAPITAL ONE FNCL
4.88% , WHR , WHIRLPOOL
7.26% , LEG , LEGGETT & PLATT
1.79% , CIT , CIT GROUP
2.73% , VLO , VALERO ENERGY
1.03% , PST , 200% Short Bond 7-10 Yr T, PST
1.76% , AET , AETNA
1.97% , FII , FED INVESTORS STK B
0.28% , FO , FORTUNE BRANDS
7.13% , HHH , Internet H, HHH
0.77% , RSH , RADIOSHACK
0.52% , PSQ , Short 100% QQQ, PSQ
2.48% , MZZ , Short 200% MidCap 400 PS, MZZ
0.50% , HPQ , HEWLETT PACKARD
0.32% , DELL , DELL
0.54% , JBL , JABIL CIRCUIT
1.76% , TBT , 200% Short US T Bond, TBT
0.32% , GLW , CORNING
0.46% , SLV , Silver Trust iS, SLV
2.24% , SDS , Short 200% S&P 500 PS, SDS
0.24% , SNA , SNAP ON
0.78% , QID , Short 200% QQQ PS, QID
0.07% , ED , CON ED
0.22% , VFC , VF
0.06% , CTB , COOPER TIRE
Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-18.21% , SNV , SYNOVUS
-1.72% , RFV , Value MidCap S&P 400, RFV
-7.24% , BIIB , BIOGEN IDEC
-7.26% , BRCM , BROADCOM STK A
-6.50% , BNI , BURLINGTON NORTH
-7.25% , PMCS , PMC SIERRA
-5.89% , RZV , Value SmallCap S&P 600, RZV
-2.47% , ACV , Alberto-Culver Co.
-0.64% , KCE , Capital Markets KWB ST, KCE
-1.56% , PMR , Retail, PMR
-1.13% , BDH , Broadband H, BDH
-5.55% , UNP , UNION PACIFIC
-5.76% , CSX , CSX
-1.49% , DGT , Global Titans, DGT
-1.52% , IWW , Value LargeCap Russell 3000, IWW
-1.38% , JKD , LargeCap Blend Core iS M, JKD
-4.41% , CEG , CONSTELL ENERGY
-4.96% , SLB , SCHLUMBERGER
-4.64% , DOV , DOVER
-1.89% , PXE , Energy Exploration & Prod, PXE
-5.86% , CB , CHUBB
-5.10% , AXP , AMERICAN EXPRESS
-4.01% , KSU , Kansas City Southern, KSU
-9.51% , OMX , OFFICEMAX INC., OMX
-3.49% , IYT , Transportation Av DJ, IYT
-3.22% , JNPR , Juniper Networks Inc
-2.05% , PJP , Pharmaceuticals, PJP
-1.55% , ELV , Value Large Cap DJ, ELV
-3.12% , RIG , TRANSOCEAN
-3.60% , FRX , FOREST LABS STK A
-3.59% , NSM , NATL SEMICONDUCT
-2.22% , IJS , Value SmallCap S&P 600 B, IJS
-2.41% , NI , NISOURCE
-3.09% , AM , AMER GREETINGS STK A
-3.13% , XTO , XTO ENERGY INC
-3.44% , KG , KING PHARM
-1.96% , LAMR , Lamar Advertising Company
-1.99% , VB , Small Cap VIPERs, VB
-2.32% , DISH , EchoStar Communications
-2.24% , DSV , Value Small Cap DJ, DSV
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) has turned choppy in recent months. 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 and reached a 3-week high on 10/23/09. 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.
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.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) fell below 2-week lows on 10/23/09. 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.
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.
Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) turned down after 10/21/09. XLE/SPY was in a strong uptrend 10/2/09 to 10/21/09. 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 underperformed since making a high on 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. The long-term trend peaked on 3/31/08.
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 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 underperforming in recent weeks. 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) has underperformed 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 below the lows of the previous 13-weeks on 10/23/09, confirming the preexisting bearish trend.
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 an all-time high of 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) rose further to another new 12-month high on 10/23/09, indicating an increasing 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
1,576.09, 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 range
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 range
1,220.03, high of 9/25/2008
1,158.76, EW ABC measured move target
1,121.44, Fibonacci 50.0% of 2007-2009 drop
1,101.36, high of 10/21/2009
S&P 500 Cash Index Potential Support
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
7.13% Internet H, HHH
2.48% Short 200% MidCap 400 PS, MZZ
2.24% Short 200% S&P 500 PS, SDS
1.76% Short 200% US T Bond, TBT
1.76% Short 200% Dow 30 PS, DXD
1.31% Short 100% MidCap 400, MYY
1.07% Short 100% S&P 500, SH
1.03% Short 200% Bond 7-10 Yr T, PST
0.97% Retail H, RTH
0.89% Short 100% Dow 30, DOG
0.78% Short 200% QQQ PS, QID
0.52% Short 100% QQQ, PSQ
0.46% Silver Trust iS, SLV
0.09% China 25 iS, FXI
0.00% Lg Cap Growth PSD, PWB
0.00% Internet B2B H, BHH
-0.02% Technology GS, IGM
-0.05% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.07% Technology MS sT, MTK
-0.09% South Korea Index, EWY
-0.12% Bond, Aggregate, AGG
-0.17% Bond, 1-3 Year Treasury, SHY
-0.17% Bond, High-Yield Corporate, HYG
-0.20% Software H, SWH
-0.21% China LargeCap Growth G D H USX PS, PGJ
-0.21% Bond, TIPS, TIP
-0.25% Preferred Stock iS, PFF
-0.26% Technology DJ US, IYW
-0.28% Technology SPDR, XLK
-0.29% Sweden Index, EWD
-0.29% Info Tech VIPERs, VGT
-0.36% Commodity Tracking, DBC
-0.38% Financial Preferred, PGF
-0.39% Consumer Discretionary SPDR, XLY
-0.41% Growth LargeCap iS M, JKE
-0.41% Gold Shares S.T., GLD
-0.42% Growth LargeCap NASDAQ 100, QQQQ
-0.46% Malaysia Index, EWM
-0.49% Bond, 10 Year Treasury, IEF
-0.55% Bond, Corp, LQD
-0.56% Software, PSJ
-0.61% Growth Mid Cap Dynamic PS, PWJ
-0.62% Software, IGV
-0.64% SmallCap PS Zacks, PZJ
-0.64% Capital Markets KWB ST, KCE
-0.65% Austria Index, EWO
-0.66% Technology Global, IXN
-0.69% Internet Architecture H, IAH
-0.73% Singapore Index, EWS
-0.73% Taiwan Index, EWT
-0.75% Bond, 20+ Years Treasury, TLT
-0.77% Germany Index, EWG
-0.78% Consumer Cyclical DJ, IYC
-0.78% Growth Large Cap, ELG
-0.78% Growth VIPERs, VUG
-0.80% Consumer D. VIPERs, VCR
-0.80% Ultra QQQ Double, QLD
-0.81% LargeCap Blend S&P 100, OEF
-0.82% Emerging 50 BLDRS, ADRE
-0.83% Emerging Markets, EEM
-0.85% Growth S&P 500/BARRA, IVW
-0.86% Telecom H, TTH
-0.87% Growth LargeCap Russell 3000, IWZ
-0.88% Growth 1000 Russell, IWF
-0.89% LargeCap Rydex Rus Top 50, XLG
-0.90% DIAMONDS (DJIA), DIA
-0.92% Value Line Timeliness MidCap Gr, PIV
-0.94% Growth S&P 500, RPG
-0.95% Emerging VIPERs, VWO
-0.96% LargeCap Blend Socially Responsible iS, KLD
-0.99% Consumer Staples SPDR, XLP
-1.01% Healthcare DJ, IYH
-1.01% Leisure & Entertainment, PEJ
-1.02% Health Care VIPERs, VHT
-1.03% Consumer Staples VIPERs, VDC
-1.03% Health Care SPDR, XLV
-1.04% Pacific ex-Japan, EPP
-1.06% Pharmaceutical H, PPH
-1.07% Australia Index, EWA
-1.07% Consumer Non-Cyclical, IYK
-1.07% Financial Services DJ, IYG
-1.08% S&P 500 iS LargeCap Blend, IVV
-1.08% Brazil Index, EWZ
-1.08% Growth MidCap 400 B, IJK
-1.09% Realty Cohen & Steers, ICF
-1.10% Aerospace & Defense, PPA
-1.10% Hong Kong Index, EWH
-1.10% Real Estate US DJ, IYR
-1.11% Dividend SPDR, SDY
-1.12% Value 40 Large Low P/E FT DB, FDV
-1.13% LargeCap VIPERs, VV
-1.14% S&P 500 SPDRs LargeCap Blend, SPY
-1.16% LargeCap Blend Total Market DJ, IYY
-1.17% Value LargeCap iS M, JKF
-1.18% REIT VIPERs, VNQ
-1.19% Global 100, IOO
-1.20% Internet Infrastructure H, IIH
-1.21% MidCap S&P 400 iS, IJH
-1.22% Financials Global LargeCap Value, IXG
-1.23% Growth MidCap S&P 400, RFG
-1.24% LargeCap Blend S&P 1500 iS, ISI
-1.24% OTC Dynamic PS, PWO
-1.25% LargeCap 1000 R, IWB
-1.25% LargeCap Blend Russell 3000, IWV
-1.26% MidCap S&P 400 SPDRs, MDY
-1.26% Dividend Leaders, FDL
-1.28% Switzerland Index, EWL
-1.28% Blend Total Market VIPERs, VTI
-1.31% Netherlands Index, EWN
-1.31% Latin Am 40, ILF
-1.34% Financial DJ US, IYF
-1.34% France Index, EWQ
-1.34% IPOs, First Tr IPOX-100, FPX
-1.34% India Earnings WTree, EPI
-1.35% Oil, Crude, U.S. Oil Fund, USO
-1.36% REIT Wilshire, RWR
-1.37% Growth SmallCap iS M, JKK
-1.38% Dividend Achievers PS, PFM
-1.38% Dividend Appreciation Vipers, VIG
-1.38% Bank Regional H, RKH
-1.38% LargeCap Blend Core iS M, JKD
-1.39% Wilshire 5000 ST TM, TMW
-1.39% Water Resources, PHO
-1.40% MidCap Growth iS M, JKH
-1.40% Healthcare Global, IXJ
-1.41% Value S&P 500 B, IVE
-1.41% Financials VIPERs, VFH
-1.42% Food & Beverage, PBJ
-1.42% Spain Index, EWP
-1.42% Growth SmallCap Dynamic PS, PWT
-1.44% Financial SPDR, XLF
-1.45% Dividend DJ Select, DVY
-1.47% Telecom DJ US, IYZ
-1.47% WilderHill Clean Energy PS, PBW
-1.47% MidCap Russell, IWR
-1.48% Telecommunications & Wireless, PTE
-1.48% Value 1000 Russell, IWD
-1.49% Value LargeCap NYSE 100 iS, NY
-1.49% Global Titans, DGT
-1.49% Growth MidCap Russell, IWP
-1.50% Semiconductors, PSI
-1.51% Value SmallCap Dynamic PS, PWY
-1.52% Value LargeCap Russell 3000, IWW
-1.53% Value VIPERs, VTV
-1.53% MidCap VIPERs, VO
-1.54% Utilities H, UTH
-1.54% Value LargeCap Dynamic PS, PWV
-1.54% Euro STOXX 50, FEZ
-1.55% Industrial LargeCap Blend DJ US, IYJ
-1.55% Value Large Cap DJ, ELV
-1.55% Energy Global, IXC
-1.56% Retail, PMR
-1.56% LargeCap Blend S&P=Weight R, RSP
-1.56% Industrials VIPERs, VIS
-1.56% Utilities, PUI
-1.56% LargeCap Blend NYSE Composite iS, NYC
-1.57% Biotech SPDR, XBI
-1.57% Value MidCap S&P 400 B, IJJ
-1.57% South Africa Index, EZA
-1.58% EAFE Index, EFA
-1.58% Value LargeCap Fundamental RAFI 1000, PRF
-1.59% Utilities DJ, IDU
-1.60% MidCap Blend Core iS M, JKG
-1.61% Utilities VIPERs, VPU
-1.62% Dividend High Yield Equity PS, PEY
-1.62% Value MidCap Dynamic PS, PWP
-1.63% Growth Small Cap DJ, DSG
-1.63% Growth SmallCap VIPERs, VBK
-1.64% Canada Index, EWC
-1.64% Utilities SPDR, XLU
-1.65% Telecom Services VIPERs, VOX
-1.66% Belgium Index, EWK
-1.67% Value EAFE MSCI, EFV
-1.68% Extended Mkt VIPERs, VXF
-1.69% Metals & Mining SPDR, XME
-1.70% Europe 350 S&P Index, IEV
-1.71% Insurance, PIC
-1.71% Growth BARRA Small Cap 600, IJT
-1.72% Developed 100 BLDRS, ADRD
-1.76% Growth EAFE MSCI, EFG
-1.77% Industrial SPDR, XLI
-1.78% LargeCap Blend Dynamic PS, PWC
-1.78% European VIPERs, VGK
-1.78% EMU Europe Index, EZU
-1.83% United Kingdom Index, EWU
-1.83% Growth SmallCap R 2000, IWO
-1.84% Ultra Dow30 Double, DDM
-1.85% SmallCap S&P 600, IJR
-1.88% Telecommunications Global, IXP
-1.89% Building & Construction, PKB
-1.89% Energy Exploration & Prod, PXE
-1.92% Value MidCap Russell, IWS
-1.92% Mexico Index, EWW
-1.93% Value MidCap iS M, JKI
-1.93% Energy SPDR, XLE
-1.99% Materials SPDR, XLB
-1.99% Small Cap VIPERs, VB
-1.99% Europe 100 BLDRS, ADRU
-2.01% Biotech & Genome, PBE
-2.02% Materials VIPERs, VAW
-2.02% Value LargeCap Euro STOXX 50 DJ, FEU
-2.03% Pacific VIPERs, VPL
-2.05% Dividend International, PID
-2.05% Ultra S&P500 Double, SSO
-2.05% Pharmaceuticals, PJP
-2.06% SmallCap Core iS M, JKJ
-2.06% Networking, IGN
-2.06% Asia 50 BLDRS, ADRA
-2.09% SmallCap Russell 2000, IWM
-2.09% Natural Resource iS GS, IGE
-2.09% Biotech H, BBH
-2.13% Energy VIPERs, VDE
-2.15% Basic Materials DJ US, IYM
-2.17% Energy DJ, IYE
-2.18% Value SmallCap VIPERS, VBR
-2.19% Value SmallCap Russell 2000, IWN
-2.22% Value SmallCap S&P 600 B, IJS
-2.24% Value Small Cap DJ, DSV
-2.28% Homebuilders SPDR, XHB
-2.28% Italy Index, EWI
-2.28% Microcap Russell, IWC
-2.32% Japan Index, EWJ
-2.40% Value S&P 500, RPV
-2.44% Value SmallCap iS M, JKL
-2.48% Japan LargeCap Blend TOPIX 150, ITF
-2.55% Semiconductor H, SMH
-2.56% Oil & Gas, PXJ
-2.59% Micro Cap Zachs, PZI
-2.61% Semiconductor SPDR, XSD
-2.63% Semiconductor iS GS, IGW
-2.63% Oil Services H, OIH
-2.76% Ultra MidCap400 Double, MVV
-2.97% Nanotech Lux, PXN
-3.49% Transportation Av DJ, IYT
-5.89% Value SmallCap S&P 600, RZV
stocks, bonds, dow-theory, gold, silver, copper, dollar
Share
