RobertWColby's Commentaries

Daily Stock Market Commentary

by RobertWColby on Nov 16, 2009

Stock Market: volume fell on Friday’s recovery attempt, and that is not a sign of strong buying power.

Technology Stock Sector Relative Strength Ratio (XLK/SPY) rose to another new 3-month high on 11/13/09, confirming the preexisting bullish trend for the intermediate term. XLK/SPY rose to its highest level in 7 years on 7/22/09, confirming the preexisting bullish trend for the long term.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) rose further above the highs of the previous 13 weeks on 11/13/09, again confirming the preexisting bullish trend for the intermediate term.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) fell further below the lows of the previous 13 weeks on 11/13/09, again confirming the preexisting bearish trend.

NASDAQ Composite/S&P 500 Relative Strength Ratio rose to a 2-week high on 11/13/09, which might seem bullish for the short term. But the Ratio broke down below 5-month lows on 11/4/09, thereby indicating a bearish trend for the intermediate term.

Consumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) rose to another new 6-month high on 11/13/09, confirming the preexisting bullish trend for the intermediate term. XLY has been at the top of my rankings for many months.

Crude Oil fell below the lows of the previous 4 weeks on 11/13/09, which might be bearish for the short term.

Bond Quality Relative Strength Ratio (JNK/LQD) fell further below the lows of the previous 5 weeks on 11/13/09, again confirming the preexisting bearish trend.

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
6.04% , SNV , SYNOVUS
6.19% , JCP , JC PENNEY
4.87% , CTB , COOPER TIRE
4.37% , GT , GOODYEAR TIRE
2.41% , ETR , ENTERGY
1.31% , SWH , Software H, SWH
0.65% , PWO , OTC Dynamic PS, PWO
4.30% , A , AGILENT TECH
0.67% , PWP , Value MidCap Dynamic PS, PWP
4.87% , MAS , MASCO
6.70% , SHLD , SEARS HOLDINGS
4.78% , DIS , WALT DISNEY
0.98% , PWJ , Growth Mid Cap Dynamic PS, PWJ
2.47% , XEL , XCEL ENERGY
1.17% , BDH , Broadband H, BDH
2.79% , IGT , INTL GAME TECH
2.59% , ABC , AMERISOURCEBERGN
0.91% , DSG , Growth Small Cap DJ, DSG
3.38% , ETFC.O , E*TRADE FINANCIAL
1.03% , IOO , Global 100, IOO
0.71% , JKE , Growth LargeCap iS M, JKE
2.45% , HANS , Hansen Natural, HANS
1.81% , DLTR , Dollar Tree Stores Inc
1.84% , CMS , CMS ENERGY
2.15% , AXP , AMERICAN EXPRESS
1.85% , DDS , DILLARD STK A
1.72% , AMP , Ameriprise Financial Inc.
2.27% , MCD , MCDONALDS
1.75% , XLY , Consumer Discretionary SPDR, XLY
0.33% , PWY , Value SmallCap Dynamic PS, PWY
4.05% , ABK , AMBAC FINL GRP
3.93% , PETM , PETsMART Inc
0.83% , IWP , Growth MidCap Russell, IWP
1.59% , COL , ROCKWELL COLLINS
1.06% , PWB , Lg Cap Growth PSD, PWB
0.72% , JKD , LargeCap Blend Core iS M, JKD
2.01% , VIA , VIACOM INC. (New)
1.03% , IJH , MidCap S&P 400 iS, IJH
2.03% , RAI , RJR TOBACCO HLDS
0.51% , PRF , Value LargeCap Fundamental RAFI 1000, PRF

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-7.32% , GENZ , GENZYME GEN
-7.97% , LBTYA , Liberty Global Inc. (LBTYA)
-1.98% , SUN , SUNOCO
-1.51% , JWN , NORDSTROM
-0.44% , YHOO , YAHOO
-1.25% , APOL , APOLLO GROUP
-2.27% , KEY , KEYCORP
-0.13% , PEY , Dividend High Yield Equity PS, PEY
-1.31% , DLX , DELUXE
-0.52% , PH , PARKER HANNIFIN
-0.50% , KCE , Capital Markets KWB ST, KCE
-0.75% , TXT , TEXTRON
-1.41% , BBT , BB&T
-0.74% , EXPD , Expeditors International WA
-2.32% , NTRS , NORTHERN TRUST
-0.57% , PMCS , PMC SIERRA
-0.98% , BEN , FRANKLIN RSC
-0.94% , FLR , FLUOR
-0.42% , FLEX , Flextronics International Ltd
-0.77% , XBI , Biotech SPDR, XBI
-0.96% , PNC , PNC FINL SVC
-0.53% , ABT , ABBOTT LABS
-0.59% , MCO , MOODYS CORP
-1.31% , MU , MICRON TECH
-1.61% , STJ , ST JUDE MEDICAL
-1.94% , MZZ , Short 200% MidCap 400 PS, MZZ
-0.78% , AMAT , APPLIED MATERIAL
-3.20% , LVLT , LEVEL 3 COMMUNICATIONS
-0.15% , ADI , ANALOG DEVICES
-0.52% , HIG , HARTFORD FINL
-0.13% , AYE , ALLEGHENY ENERGY
-0.45% , KG , KING PHARM
-0.17% , WLP , WELLPOINT HEALTH
-1.91% , WFC , WELLS FARGO
-0.92% , MYY , Short 100% MidCap 400, MYY
-0.32% , FRX , FOREST LABS STK A
-0.54% , FO , FORTUNE BRANDS
-0.92% , JPM , J P MORGAN CHASE
-0.04% , VRSN , VeriSign Inc
-0.44% , AN , AUTONATION

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) rose to another new 6-month high on 11/13/09, confirming the preexisting bullish trend for the intermediate term. XLY has been at the top of my rankings for many months.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) rose to another new 3-month high on 11/13/09, confirming the preexisting bullish trend for the intermediate term. XLK/SPY rose to its highest level in 7 years on 7/22/09, confirming the preexisting bullish trend for the long term.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) rose above the highs of the previous 6 weeks on 11/9/09, confirming the preexisting short-term uptrend. XLI/SPY broke down to a new 8-week low on 10/30/09, signaling a bearish relative trend for the intermediate term. The long-term trend peaked on 3/31/08 and has been in a downtrend since.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) rose above the highs of the previous 12 trading days on 11/12/09, confirming the preexisting short-term uptrend. XLB/SPY broke down to a new 14-week low on 10/28/09, signaling a bearish relative trend for the intermediate term. Long term, XLB/SPY has underperformed for 16 months since 6/23/08.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) rose to a 13-week high on 11/2/09 but has drifted mildly lower since. This defensive sector underperforms when investors feel more confident and seek greater risk, and it outperforms when investors move away from risk.

Financial (XLF) Bearish, Underweight. The Relative Strength Ratio (XLF/SPY) broke down below the lows of the previous 13 weeks on 11/4/09, confirming the preexisting bearish trend for the intermediate-term--and probably for the long-term as well.

Health Care (XLV) Bearish, Underweight. The Relative Strength Ratio (XLV/SPY) broke down below 12-month lows on 10/22/09, which was bearish for the longer term. XLV/SPY has drifted slightly higher since 10/22/09, merely consolidating losses. XLV/SPY could resume its downtrend soon.

Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) fell further below the lows of the previous 5 weeks on 11/12/09, again confirming the preexisting short-term downtrend. 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.

Utilities (XLU) Bearish, Underweight. The Relative Strength Ratio (XLU/SPY) fell further below previous 24-month lows on 11/12/09, again confirming the preexisting long-term downtrend. XLU has underperformed since 11/21/08, as the appetite for risk recovered.

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) turned down short term after peaking at a lower high on 11/9/09 than on 10/14/09. Longer term, EEM/SPY moved above previous 6-year highs on 10/14/09, confirming a major bull market trend.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 11 weeks on 11/12/09, again confirming a preexisting downside correction for the intermediate term.

NASDAQ Composite/S&P 500 Relative Strength Ratio rose to a 2-week high on 11/13/09, which might seem bullish for the short term. But the Ratio broke down below 5-month lows on 11/4/09, thereby indicating a bearish trend for the intermediate term.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) rose further above the highs of the previous 13 weeks on 11/13/09, again confirming the preexisting bullish trend for the intermediate term. IWF/IWD was in a major long-term uptrend from 8/8/06 to 3/5/09, and it seems quite possible that uptrend could resume.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) fell further below the lows of the previous 13 weeks on 11/13/09, again confirming the preexisting bearish trend. IWD/SPY has underperformed since 9/18/09. Long term, IWD/SPY remains in a bearish trend, underperforming since 3/22/07.

The S&P 500 equally weighted index relative to the S&P 500 capitalization weighted index has been in an intermediate-term downtrend since 9/16/09. The ratio had been in a strong uptrend from 11/19/08 to 9/16/09. That uptrend may or may not resume once the current downside correction is over.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) turned slightly higher over the week just past, but it is still well below its peak set on 10/28/09. Long term, OEX/SPX has trended down since the peak on 11/20/08.

The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) fell further below the lows of the previous 6 months on 11/12/09, again confirming the preexisting bearish trend.

The Mid Cap/Large Cap Relative Strength Ratio (MDY/SPY) broke down to a new 13-week low on 11/2/09, indicating a significant downside correction. The major secular trend since 1999 remains bullish, however.

Crude Oil nearest futures contract price fell below the lows of the previous 4 weeks on 11/13/09, which might be bearish for the short term. Oil has been in a moderate downside correction since making a high of 82.00 on 10/21/09. Long term, Oil remains in a bullish major trend. Potential support may be seen around the high of 75.00 set on 8/25/09. Oil made a 153% gain made from the low at 32.40 on 12/19/08 to the high of 82.00 on 10/21/09.

Gold nearest futures contract price rose to another new all-time high of 1123.4 on 11/12/09, again confirming preexisting bullish trends in all time frames. Technical supports might be found around previous highs and lows at 1072.0, 1070.2, 1069.0, 1047.5, 1026.9, 1024.7, 982.2, 940.3, 931.5, 925.2 and 904.8, based on the nearest futures contract. There is no chart resistance.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to Gold bullion) appears to be consolidating recent gains. The Ratio remains below the 14-month high set on 9/17/09. The trend from the low set on 10/27/08 to high set on 9/17/09 was bullish for both Gold bullion and Gold Mining Stocks.

Silver/Gold Ratio peaked out on 9/16/09 and has been in an irregular falling trend since. A rising trend of the Silver/Gold Ratio suggests growing confidence about global economic prospects, while a falling trend suggests doubts.

Copper nearest futures contract price has turned choppy and uncertain short term, since breaking out to a new 13-month high of 3.0690 on 10/26/09. Rising copper prices suggest growing confidence about global economic prospects, while falling copper prices suggest doubts.

U.S. Treasury Bond nearest futures contract price rose above the highs of the previous 7 trading days on 11/13/09, which might be bullish for the short term. The Bond may find short-term support around the previous lows of 117.10 set on 11/12/09 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) fell further below the lows of the previous 5 weeks on 11/13/09, again confirming the preexisting bearish trend. JNK/LQD has been in a downside corrective trend short term since 10/26/09. When JNK/LQD is weak, that indicates risk aversion. Long term, JNK/LQD rose to a new 12-month high on 10/23/09, indicating an increasing appetite for risk.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) rose to another new 13-month high on 11/9/09, again confirming a bullish long-term trend. Bond investors may be growing increasingly concerned about the inflation outlook, despite assurances of tame inflation by economists.

The U.S. dollar nearest futures contract price settled down on Friday after moving above previous 3-day highs on 11/12/09. USD broke down below the lows of the previous 15 months on 11/11/09, again confirming a preexisting bearish major trend.

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 44.4% Bulls versus 26.7% Bears as of 11/11/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.66, down from 1.96 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 collapsed to 21.60 on 11/11/09 from a 16-week high of 31.84 on 11/2/09, indicating plunging levels of fear. VIX fell to a 13-month low of 20.10 on 10/21/09, indicating bullish complacency. 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 collapsed to 22.73 on 11/11/09 from a 16-week high of 31.42 on 11/2/09, indicating plunging levels of fear. VXN fell to a 13-month low of 20.75 on 10/21/09, indicating bullish complacency. 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 1.51 on 11/11/09, a level indicating bullish sentiment. The ratio’s 6-year mean is 1.41, its median is 1.36, and its range is 0.51 to 3.16.

CBOE Put/Call Ratio fell to 0.53 on 11/11/09, a level indicating bullish sentiment. The ratio’s 6-year mean is 0.66, its median is 0.64, 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
1,238.81, 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
1,105.37, high of 11/11/2009

S&P 500 Cash Index Potential Support
1,066.83, high of 10/29/2009
1,029.38, low of 11/2/2009
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
998.80, Fibonacci 23.6% Retrace of 2009 range
991.97, low of 9/2/2009
992.72, Gann 25% Retrace of 2009 range
978.51, low of 8/17/2009
956.50, Dow 33.3% Retrace of 2009 range
956.23, high of 6/11/2009
935.35, Fibonacci 38.2% Retrace of 2009 range
930.17, high of 5/8/2009
884.08, Fibonacci 50% of 2009 range
869.32, low of 7/8/2009
826.83, low of 4/21/2009
832.80, Fibonacci 61.8% Retrace of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
775.43, Gann 75% Retrace of 2009 range
759.79, Fibonacci 78.6% Retrace of 2009 range
721.11, Gann 87.5% Retrace of 2009 range
666.79, intraday low of 3/6/2009
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

2.49% India Earnings WTree, EPI
2.29% Belgium Index, EWK
2.14% WilderHill Clean Energy PS, PBW
1.95% Australia Index, EWA
1.94% Mexico Index, EWW
1.93% Brazil Index, EWZ
1.90% Ultra MidCap400 Double, MVV
1.77% Emerging VIPERs, VWO
1.77% Euro STOXX 50, FEZ
1.76% South Africa Index, EZA
1.75% Consumer Discretionary SPDR, XLY
1.71% Emerging Markets, EEM
1.70% Latin Am 40, ILF
1.68% Ultra QQQ Double, QLD
1.68% China 25 iS, FXI
1.67% Water Resources, PHO
1.63% Emerging 50 BLDRS, ADRE
1.59% China LargeCap Growth G D H USX PS, PGJ
1.56% Austria Index, EWO
1.49% EMU Europe Index, EZU
1.46% Building & Construction, PKB
1.46% France Index, EWQ
1.43% Ultra Dow30 Double, DDM
1.43% Italy Index, EWI
1.42% REIT Wilshire, RWR
1.41% Gold Shares S.T., GLD
1.40% EAFE Index, EFA
1.38% Consumer D. VIPERs, VCR
1.37% Realty Cohen & Steers, ICF
1.36% Switzerland Index, EWL
1.36% Silver Trust iS, SLV
1.35% Pacific ex-Japan, EPP
1.35% REIT VIPERs, VNQ
1.34% Real Estate US DJ, IYR
1.34% United Kingdom Index, EWU
1.34% Aerospace & Defense, PPA
1.32% Software, IGV
1.31% Software H, SWH
1.30% Value EAFE MSCI, EFV
1.29% Value LargeCap Euro STOXX 50 DJ, FEU
1.26% Europe 350 S&P Index, IEV
1.20% Networking, IGN
1.20% Malaysia Index, EWM
1.20% Europe 100 BLDRS, ADRU
1.19% Sweden Index, EWD
1.18% Semiconductor SPDR, XSD
1.16% Pacific VIPERs, VPL
1.13% Canada Index, EWC
1.12% Leisure & Entertainment, PEJ
1.12% Metals & Mining SPDR, XME
1.11% Micro Cap Zachs, PZI
1.10% Ultra S&P500 Double, SSO
1.10% Consumer Cyclical DJ, IYC
1.09% Growth EAFE MSCI, EFG
1.08% Germany Index, EWG
1.08% Spain Index, EWP
1.08% Technology Global, IXN
1.07% Netherlands Index, EWN
1.06% Lg Cap Growth PSD, PWB
1.06% Developed 100 BLDRS, ADRD
1.06% European VIPERs, VGK
1.05% Value SmallCap Russell 2000, IWN
1.05% Small Cap VIPERs, VB
1.03% MidCap S&P 400 iS, IJH
1.03% MidCap S&P 400 SPDRs, MDY
1.03% Global 100, IOO
1.02% Dividend International, PID
1.01% Value S&P 500, RPV
1.01% Growth S&P 500, RPG
0.98% Growth SmallCap VIPERs, VBK
0.98% Extended Mkt VIPERs, VXF
0.98% Growth Mid Cap Dynamic PS, PWJ
0.98% Value MidCap S&P 400 B, IJJ
0.97% Growth MidCap S&P 400, RFG
0.97% Japan LargeCap Blend TOPIX 150, ITF
0.97% Technology GS, IGM
0.96% SmallCap Russell 2000, IWM
0.96% South Korea Index, EWY
0.96% Technology DJ US, IYW
0.95% MidCap Growth iS M, JKH
0.95% Growth MidCap 400 B, IJK
0.95% Japan Index, EWJ
0.94% Value SmallCap VIPERS, VBR
0.94% Info Tech VIPERs, VGT
0.93% Industrials VIPERs, VIS
0.92% Asia 50 BLDRS, ADRA
0.92% Technology SPDR, XLK
0.91% Financials Global LargeCap Value, IXG
0.91% Growth SmallCap R 2000, IWO
0.91% Technology MS sT, MTK
0.91% Growth Small Cap DJ, DSG
0.91% Internet H, HHH
0.90% Value Small Cap DJ, DSV
0.89% Utilities SPDR, XLU
0.89% Taiwan Index, EWT
0.89% Utilities DJ, IDU
0.89% Utilities VIPERs, VPU
0.87% MidCap Blend Core iS M, JKG
0.87% Value SmallCap S&P 600 B, IJS
0.86% Software, PSJ
0.85% Value MidCap Russell, IWS
0.84% Semiconductors, PSI
0.83% Growth MidCap Russell, IWP
0.83% Value SmallCap iS M, JKL
0.83% Internet Infrastructure H, IIH
0.83% Natural Resource iS GS, IGE
0.82% Growth LargeCap NASDAQ 100, QQQQ
0.82% MidCap VIPERs, VO
0.81% Growth Large Cap, ELG
0.80% Telecommunications & Wireless, PTE
0.79% LargeCap Blend NYSE Composite iS, NYC
0.78% Semiconductor iS GS, IGW
0.78% Basic Materials DJ US, IYM
0.78% SmallCap Core iS M, JKJ
0.77% Utilities, PUI
0.77% Industrial SPDR, XLI
0.77% Retail H, RTH
0.77% Consumer Non-Cyclical, IYK
0.76% Oil Services H, OIH
0.75% Utilities H, UTH
0.75% Growth 1000 Russell, IWF
0.74% Value Line Timeliness MidCap Gr, PIV
0.74% Value LargeCap Dynamic PS, PWV
0.74% MidCap Russell, IWR
0.72% DIAMONDS (DJIA), DIA
0.72% Materials VIPERs, VAW
0.72% LargeCap Blend Core iS M, JKD
0.71% Growth LargeCap iS M, JKE
0.70% Retail, PMR
0.70% Growth LargeCap NASDAQ Fidelity, ONEQ
0.69% Energy Global, IXC
0.69% Consumer Staples VIPERs, VDC
0.69% Energy DJ, IYE
0.69% Growth SmallCap Dynamic PS, PWT
0.69% SmallCap S&P 600, IJR
0.68% Growth VIPERs, VUG
0.68% LargeCap Blend Dynamic PS, PWC
0.68% Consumer Staples SPDR, XLP
0.68% Industrial LargeCap Blend DJ US, IYJ
0.67% Value MidCap Dynamic PS, PWP
0.67% Energy VIPERs, VDE
0.67% Growth LargeCap Russell 3000, IWZ
0.66% Telecommunications Global, IXP
0.65% OTC Dynamic PS, PWO
0.64% Food & Beverage, PBJ
0.64% Transportation Av DJ, IYT
0.64% Dividend DJ Select, DVY
0.64% Growth S&P 500/BARRA, IVW
0.63% LargeCap Blend S&P 1500 iS, ISI
0.63% LargeCap Blend S&P=Weight R, RSP
0.63% Energy SPDR, XLE
0.63% LargeCap Blend Total Market DJ, IYY
0.63% Hong Kong Index, EWH
0.61% Microcap Russell, IWC
0.60% LargeCap Blend Russell 3000, IWV
0.59% S&P 500 iS LargeCap Blend, IVV
0.59% LargeCap VIPERs, VV
0.58% Blend Total Market VIPERs, VTI
0.58% Value 40 Large Low P/E FT DB, FDV
0.57% LargeCap Blend S&P 100, OEF
0.56% Growth BARRA Small Cap 600, IJT
0.55% Dividend SPDR, SDY
0.54% S&P 500 SPDRs LargeCap Blend, SPY
0.54% Dividend Appreciation Vipers, VIG
0.54% Singapore Index, EWS
0.53% Oil & Gas, PXJ
0.52% LargeCap 1000 R, IWB
0.51% Nanotech Lux, PXN
0.51% Value LargeCap Fundamental RAFI 1000, PRF
0.51% Value Large Cap DJ, ELV
0.50% Wilshire 5000 ST TM, TMW
0.50% Growth SmallCap iS M, JKK
0.50% Healthcare Global, IXJ
0.46% Bond, 20+ Years Treasury, TLT
0.44% Value 1000 Russell, IWD
0.43% Biotech & Genome, PBE
0.43% Semiconductor H, SMH
0.42% Value LargeCap Russell 3000, IWW
0.41% Value MidCap iS M, JKI
0.40% Value SmallCap S&P 600, RZV
0.40% Value VIPERs, VTV
0.40% Pharmaceuticals, PJP
0.38% Value S&P 500 B, IVE
0.38% Materials SPDR, XLB
0.38% LargeCap Rydex Rus Top 50, XLG
0.36% Internet Architecture H, IAH
0.36% Dividend Leaders, FDL
0.34% Preferred Stock iS, PFF
0.34% Telecom Services VIPERs, VOX
0.34% Value LargeCap iS M, JKF
0.33% LargeCap Blend Socially Responsible iS, KLD
0.33% Value SmallCap Dynamic PS, PWY
0.29% Bond, Corp, LQD
0.28% Global Titans, DGT
0.25% Health Care VIPERs, VHT
0.24% Dividend Achievers PS, PFM
0.24% Value LargeCap NYSE 100 iS, NY
0.22% Pharmaceutical H, PPH
0.20% Health Care SPDR, XLV
0.17% Telecom DJ US, IYZ
0.15% Healthcare DJ, IYH
0.13% Homebuilders SPDR, XHB
0.11% SmallCap PS Zacks, PZJ
0.11% Bond, Aggregate, AGG
0.08% Bond, 10 Year Treasury, IEF
0.04% Bond, TIPS, TIP
0.02% Bond, 1-3 Year Treasury, SHY
0.00% Telecom H, TTH
0.00% Internet B2B H, BHH
-0.03% Biotech H, BBH
-0.03% Financials VIPERs, VFH
-0.04% Financial DJ US, IYF
-0.08% Commodity Tracking, DBC
-0.13% Dividend High Yield Equity PS, PEY
-0.20% Bond, High-Yield Corporate, HYG
-0.20% Financial SPDR, XLF
-0.21% Insurance, PIC
-0.21% Short 200% Bond 7-10 Yr T, PST
-0.25% Energy Exploration & Prod, PXE
-0.27% IPOs, First Tr IPOX-100, FPX
-0.38% Financial Preferred, PGF
-0.38% Oil, Crude, U.S. Oil Fund, USO
-0.50% Capital Markets KWB ST, KCE
-0.51% Financial Services DJ, IYG
-0.55% Short 100% S&P 500, SH
-0.74% Short 100% Dow 30, DOG
-0.77% Biotech SPDR, XBI
-0.85% Short 100% QQQ, PSQ
-0.92% Short 100% MidCap 400, MYY
-1.02% Short 200% S&P 500 PS, SDS
-1.11% Bank Regional H, RKH
-1.32% Short 200% US T Bond, TBT
-1.35% Short 200% Dow 30 PS, DXD
-1.75% Short 200% QQQ PS, QID
-1.94% Short 200% MidCap 400 PS, MZZ

Tags:
stocks, s-p500, dow-theory, gold, crude-oil, silver, nasdaq

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