Energy stock sector Relative Strength Ratio (XLE/SPY) rose above 12-month highs and remains bullish.
Health Care stock sector Relative Strength Ratio (XLV/SPY) fell below 2-year lows and remains bearish, as it has been most of the time since peaking on 2/23/09.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) broke down below 5-month lows and remains neutral.
Gold rose above the previous 2-weeks’ highs, signaling a short-term uptrend. Longer term, Gold rose above previous all-time highs on 11/9/10, again confirming the bullish major trend.
Silver rose above the previous 3-weeks’ highs, signaling a short-term uptrend. Longer term, Silver rose above previous 30-year highs on 11/9/10, confirming a bullish major trend.
U.S. Treasury Bond price rose above the previous 2-weeks’ highs, signaling a short-term uptrend. The bond fell below the lows of the previous 4 months on 11/15/10, confirming the preexisting bearish trend for the intermediate-term trend.
The U.S. dollar price rose further above the previous 9-weeks’ highs. The short-term trend has been up since the low on 11/3/10. USD could be heading toward a test of its 200-day SMA, which stands just below chart resistance at 82.02.
S&P 500 Composite (SPX, 1,180.55) fell 7.21 points or 0.61% on Tuesday. There seems to be a pattern developing. Stocks suffered a relatively deep loss in the morning, again on fears of war in the Korean Peninsula and fears of European debt. Then stocks recovered nearly all of that early loss before 2:00 p.m. ET, thereby demonstrating bullish resilience. This time, however, stocks surrendered much of their recovery gains in the final 2 hours. The net result was a relatively narrow-range “Inside Day”, which is a neutral, consolidation day with a lower high and higher low. Again, the close was above the open for the S&P 500 ETF (SPY), as it has been on 7 of the past 9 trading days, and that tends to be bullish. Over the past 3 weeks, SPX appears to be merely correcting and consolidating previous large gains in a mild and contained manner, which is entirely normal and natural in a bull market. Although the same familiar fears may linger in the short term, nevertheless, it appears that the US stock market is handling obvious uncertainties with relative calm and resilience, which suggests that there may be accumulation under the surface of unsophisticated reactive selling. I have no special insight into what might happen next abroad, but I do know from long experience that the worst-case scenario does not happen very often. SPX has been holding above 1173.00, the low of 11/16/10, and above key Simple Moving Averages: the 50-day SMA, now at 1178.07 and rising, and the 200-day SMA, now at 1133.73 and rising. This ability to hold support suggests that the bull may be still alive and merely taking a brief nap. Longer term, SPX rose above 2-year highs on 11/5/10, again reconfirming a bullish major 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
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
4.81% , RIMM , RESEARCH IN MOTION LTD
3.14% , FLEX , Flextronics International Ltd
2.06% , BLL , BALL
2.73% , SVU , SUPERVALU
3.56% , JBL , JABIL CIRCUIT
2.72% , BHI , BAKER HUGHES
3.09% , GPS , GAP
3.39% , KBH , KB HOME
1.28% , PSQ , Short 100% QQQ, PSQ
0.50% , LVLT , LEVEL 3 COMMUNICATIONS
3.35% , SLV , Silver Trust iS, SLV
1.86% , SWY , SAFEWAY
1.06% , LH , LAB CRP OF AMER
1.72% , DHI , D.R. HORTON, DHI
0.73% , LEG , LEGGETT & PLATT
2.04% , KR , KROGER
1.52% , LOW , LOWES
1.50% , IAU , Gold COMEX iS, IAU
2.41% , TIF , TIFFANY
1.67% , VMC , VULCAN MATERIALS
0.96% , VIA.B , VIACOM STK B
0.97% , BF.B , BROWN FORMAN STK B
2.68% , CBS , CBS CORP.
0.97% , PEP , PEPSICO
1.50% , X , US STEEL CORP
0.59% , KMB , KIMBERLY CLARK
1.53% , JCP , JC PENNEY
0.60% , LTD , LIMITED BRANDS
0.68% , SRCL , Stericycle, SRCL
1.20% , C , CITIGROUP
0.38% , AN , AUTONATION
1.04% , ZION , ZIONS
1.06% , LNC , LINCOLN NATL
1.11% , CAT , CATERPILLAR
1.36% , HAS , HASBRO
0.94% , MON , MONSANTO
0.88% , WOR , WORTHINGTON INDS
0.75% , NOC , NORTHROP GRUMMAN
0.70% , WFMI , Whole Foods Market Inc
0.42% , SRE , SEMPRA ENERGY
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-0.64% , PZI , Micro Cap Zachs, PZI
-2.44% , HHH , Internet H, HHH
-0.93% , PIC , Insurance, PIC
-4.54% , GOOG , Google
-2.39% , RIG , TRANSOCEAN
-2.92% , LBTYA , Liberty Global Inc. (LBTYA)
-2.16% , NWL , NEWELL RUBBER
-2.18% , BAX , BAXTER INTL
-0.30% , NY , Value LargeCap NYSE 100 iS, NY
-2.97% , IDX , Indonesia MV, IDX
-3.57% , S , SPRINT NEXTEL
-3.49% , NIHD , NII Holdings, Inc.
-0.57% , PXE , Energy Exploration & Prod, PXE
-0.78% , PGR , PROGRESSIVE OHIO
-1.67% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-1.87% , RAI , Reynolds American
-2.00% , AM , AMER GREETINGS STK A
-0.69% , NCR , NCR
-2.77% , RFMD , RF Micro Devices Inc
-1.88% , EPU , Peru MSCI iS, EPU
-3.18% , BAC , BANK OF AMERICA
-1.87% , HRB , H&R BLOCK
-3.99% , MU.O , MICRON TECH
-3.45% , YHOO , YAHOO
-2.69% , EWO , Austria Index, EWO
-1.43% , FISV , FISERV
-2.84% , WHR , WHIRLPOOL
-2.33% , WLP , WELLPOINT HEALTH
-1.35% , ININ , Interactive Intelligence ININ
-2.45% , CIEN.O , CIENA
-1.71% , PG , PROCTER & GAMBLE
-1.34% , SWK , Stanley Black & Decker
-2.14% , SIRI , Sirius Satellite
-0.61% , FPX , IPOs, First Tr IPOX-100, FPX
-1.57% , ADRU , Europe 100 BLDRS, ADRU
-2.91% , FMCN , Focus Media, FMCN
-3.24% , KWT , Solar Energy MV, KWT
-0.93% , JKE , Growth LargeCap iS M, JKE
-1.17% , EFG , Growth EAFE MSCI, EFG
-0.99% , ETR , ENTERGY
9 major U.S. stock sectors ranked in order of long-term relative strength:
Consumer Discretionary (XLY) Bullish, Over Weight. The Relative Strength Ratio (XLY/SPY) rose above 12-year highs on 11/26/10 and remains bullish. XLY has been at the top of my sector rankings for more than a year and has outperformed substantially. Absolute price rose above 3-year highs on 11/5/10 and remains bullish. Support 35.32, 35.02, 34.78, 33.94, 33.11, 32.66, 31.70, 29.80, 28.64, 28.21, and 26.62. Resistance 38.25 and 39.09.
Energy (XLE) Bullish, Over Weight. The Relative Strength Ratio (XLE/SPY) rose above 12-month highs on 11/30/10 and remains bullish. Absolute price rose above 2-year highs on 11/11/10 and remains bullish. Support 60.96, 60.21, 57.70, 55.68, 53.22, 50.33, 48.56, 46.16, and 43.66. Resistance 63.89, 69.95 and 78.10.
Industrial (XLI) Bullish, Over Weight. The Relative Strength Ratio (XLI/SPY) rose above 6-week highs on 11/26/10, thereby turning bullish following a normal correction. Absolute price rose above 2-year highs on 11/5/10 and remains bullish. Support 31.82, 31.58, 30.79, 30.51, 30.32, 29.77, and 27.67. Resistance 33.53, 35.00, and 36.16.
Materials (XLB) Bullish, Over Weight. The Relative Strength Ratio (XLB/SPY) appears to be holding above both 50- and 200-day SMAs, which are rising. Absolute price successfully tested its rising 50-day SMA again on 11/29/10 and remains bullish. Support 34.20, 33.70, 32.36, 29.88, 29.43, and 27.67. Resistance 36.71, 37.56, and 39.00.
Technology (XLK) Bullish, Over Weight. The Relative Strength Ratio (XLK/SPY) rose above its 50-day SMA on 11/22/10 and turned bullish again. Absolute price of XLK rose above 2-year highs on 11/4/10 and remains bullish. Support 23.74, 23.64, 23.56, 22.68, 22.53, 21.60, 20.01, and 19.51. Resistance 25.28 and 25.69.
Consumer Staples (XLP) Bearish, Under Weight. The Relative Strength Ratio (XLP/SPY) fell below 5-month lows on 11/10/10 and remains bearish. Absolute price fell below its 50-day SMA on 11/29/10 thereby turning neutral. Support 28.04, 27.76, 27.63, 27.46, 26.34, 25.30, and 24.95. Resistance 28.85, 29.27, 29.29 and 30.29.
Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) fell below 2-year lows on 11/30/10 and remains bearish, as it has been most of the time since peaking on 2/23/09. Absolute price of XLV fell below 8-week lows on 11/29/10. Support 30.11, 29.87, 28.00, 27.49. Resistance 31.04, 31.73, 32.05, 32.18, 32.42, 32.69, 33.16, 33.37 and 33.74.
Utilities (XLU) Bearish, Under Weight. The Relative Strength Ratio (XLU/SPY) fell below 5-month lows on 11/24/10 and remains bearish. Absolute price of XLU fell below 13-week lows on 11/29/10. Support 29.66, 27.91, 27.44, and 25.76. Resistance 32.11 and 32.40.
Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) fell below 18-month lows on 11/26/10 and remains bearish. Absolute price of XLF fell below 9-week lows on 11/23/10, and the 50-day SMA remains below the 200-day SMA. Support 14.25, 14.20, 13.29, and 13.08. Resistance 14.96, 15.68, 16.13, 16.90, 17.12, 17.16, and 17.87.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) broke down below 3-month lows on 11/26/10 and remains neutral.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) broke down below 5-month lows on 11/30/10 and remains neutral.
NASDAQ Composite/S&P 500 Relative Strength Ratio rose above 9-year highs on 11/26/10 and remains bullish for the long term. This RS Ratio has been in an uptrend for nearly 2 years, since 12/2/08. Absolute price rose above 2-year highs on 11/8/10 and remains bullish.
iShares Russell 1000 Growth/S&P 500 Relative Strength Ratio (IWF/SPY) rose above 19-month highs again on 11/26/10 and remains bullish.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) fell below 28-year lows on 11/26/10. This RS Ratio has been trending lower since 8/3/10. Longer term, big caps have been relatively out of favor for more than 10 years, since 3/29/2000.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) rose above 20-year highs on 11/26/10 and remains bullish.
The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) rose above 15-year highs on 11/26/10 and remains bullish. Absolute price rose above 2-year highs on 11/24/10 and remains bullish.
Crude Oil nearest futures contract price moved above 8-day highs on 11/29/10, again confirming a bullish trend for the short term. Longer term, Oil rose above 2-year highs on 11/11/10, again reconfirming a bullish major trend. Support 80.28, 79.84, 79.25, 78.86, 72.63, 70.76, 70.35, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 88.63, 89.10, 90.51, 98.65, and 102.84.
Gold nearest futures contract price rose above the previous 2-weeks’ highs on 11/30/10, signaling a short-term uptrend. Longer term, Gold rose above previous all-time highs on 11/9/10, again confirming the bullish major trend. Support 1350.1, 1329.0, 1315.6, 1297.0, 1274.8, 1270.5, 1232.4, 1210.9, 1191.5, and 1155.6. Resistance: 1424.3.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) rose above 11-month highs on 11/22/10 and remains bullish.
Silver nearest futures contract price rose above the previous 3-weeks’ highs on 11/30/10, signaling a short-term uptrend. Longer term, Silver rose above previous 30-year highs on 11/9/10, confirming a bullish major trend.
Silver/Gold Ratio rose further above 2-year highs on 11/22/10, again confirming a bullish trend. Silver has outperformed Gold substantially since 8/20/10.
Copper nearest futures contract price over the past 2 weeks appears to be consolidating previous large gains. Longer term, Copper rose above previous 2-year highs on 11/11/10, again confirming the bullish major trend. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 3.6065, 3.3930, 3.1775, 2.9285, 2.8555, 2.8445, and 2.72. Resistance 3.90, 4.0825, and 4.27.
U.S. Treasury Bond nearest futures contract price rose above the previous 2-weeks’ highs on 11/30/10, signaling a short-term uptrend. The bond fell below the lows of the previous 4 months on 11/15/10, confirming the preexisting bearish trend for the intermediate-term trend. Support 125.15, 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 129.03, 129.27, 132.26, 133.00, 135.12, 135.19, 136.31, 137.31, and 142.31.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) fell below 5-week lows on 11/23/10 and remains neutral. Absolute price fell below 8-week lows on 11/23/10 and is now neutral.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) has firmed up moderately since making a low on 8/24/10, which implies that fixed-income investors have been choosing somewhat greater inflation protection over the past 3 months.
The U.S. dollar nearest futures contract price rose further above the previous 9-weeks’ highs on 11/30/10. The short-term trend has been up since the low on 11/3/10. USD could be heading toward a test of its 200-day SMA, which stands just below chart resistance at 82.02. Longer term, USD fell below 11-month lows on 11/3/10, thereby confirming a bearish long-term price trend. Support 78.01, 75.23, 74.27, and 70.80. Resistance 82.02, 83.64, 84.73, 85.36, 86.71, 88.80, 89.22, 89.71, and 92.53.
Advisory Service Sentiment: There were 56.2% Bulls versus 20.2% Bears as of 11/17/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio stands at 2.78, which is between one and two standard deviations above the long-term mean. This is not overly excessive bullish sentiment in the second year of a bull market. The 20-year range is 0.41 to 3.74, the median is 1.54, and the mean is 1.61.
VIX Fear Index rose from 17.76 on 11/19/10 to 23.84 intraday on 11/29/10. A relatively high and rising VIX indicates increasing anxiety, worry, and fear for market prospects on the part of options players. 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.
The Dow Theory reconfirmed a Primary Tide Bull Market as of 11/3/10, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 25 months. The Dow Theory originally signaled the current Primary Tide Bull Market on 7/23/09, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 6 months. Many other analysts were fooled into calling “Bear Market” by the big downside Secondary Reaction in May and June 2010, but my interpretation has been steadily Bullish on the Primary Trend.
S&P 500 Composite (SPX, 1,180.55) fell 7.21 points or 0.61% on Tuesday. There seems to be a pattern developing. Stocks suffered a relatively deep loss in the morning, again on fears of war in the Korean Peninsula and fears of European debt. Then stocks recovered nearly all of that early loss before 2:00 p.m. ET, thereby demonstrating bullish resilience. This time, however, stocks surrendered much of their recovery gains in the final 2 hours. The net result was a relatively narrow-range “Inside Day”, which is a neutral, consolidation day with a lower high and higher low. Again, the close was above the open for the S&P 500 ETF (SPY), as it has been on 7 of the past 9 trading days, and that tends to be bullish. Over the past 3 weeks, SPX appears to be merely correcting and consolidating previous large gains in a mild and contained manner, which is entirely normal and natural in a bull market. Although the same familiar fears may linger in the short term, nevertheless, it appears that the US stock market is handling obvious uncertainties with relative calm and resilience, which suggests that there may be accumulation under the surface of unsophisticated reactive selling. I have no special insight into what might happen next abroad, but I do know from long experience that the worst-case scenario does not happen very often. SPX has been holding above 1173.00, the low of 11/16/10, and above key Simple Moving Averages: the 50-day SMA, now at 1178.07 and rising, and the 200-day SMA, now at 1133.73 and rising. This ability to hold support suggests that the bull may be still alive and merely taking a brief nap. Longer term, SPX rose above 2-year highs on 11/5/10, again reconfirming a bullish major trend.
S&P 500 Cash Index Potential Resistance
1576.09, high of 10/11/2007
1552.76, high of 10/31/2007
1523.57, high of 12/11/2007
1498.85, high of 12/26/2007
1440.24, high of 5/19/2008
1406.32, high of 5/29/2008
1381.50, Fibonacci 78.6% of 2007-2009 range
1366.59, high of 6/17/2008
1335.63, high of 6/25/2008
1313.15, high of 8/11/2008
1274.42, high of 9/8/2008
1255.09, high of 9/12/2008
1238.81, Fibonacci 78.6% of 1,576.09 high
1228.74, Fibonacci 61.8% of 2007-2009 range
1227.08, high of 11/5/10
1200.29, high of 11/18/10
S&P 500 Cash Index Potential Support
1173.00, low of 11/16/10
1171.70, low of 10/27/10
1166.74, low of 10/20/10
1159.71, low of 10/19/10
1,151.41, low of 10/7/10
1,131.87, low of 10/4/10
1122.79, low of 9/23/2010
1114.63, low of 9/15/2010
1110.88, low of 9/10/2010
1091.15, low of 9/7/2010
1039.70, low of 8/27/10
1039.31, Fibonacci 23.6% of June-Aug. 2010 range
1010.91, low of 7/1/2010
1008.55, Fibonacci 38.2% of 2009-2010 range
991.97, low of 9/2/2009
978.51, low of 8/17/2009
956.23, high of 6/11/2009
943.29, Gann 50.0% of 2009-2010 range
878.04, Fibonacci 61.8% of 2009-2010 range
874.17, Gann 62.5% of 2009-2010 range
869.32, low of 7/8/2009
805.17, Gann 75.0% of 2009-2010 range
785.13, Fibonacci 78.6% of 2009-2010 range
666.79, intraday low of 3/6/2009
One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
3.35% Silver Trust iS, SLV
1.43% Gold Shares S.T., GLD
0.95% Turkey MSCI iS, TUR
0.53% Bond Muni ATM-Free S&P iS, MUB
0.52% Bond, 20+ Years Treasury, TLT
0.50% South Korea Index, EWY
0.39% Homebuilders SPDR, XHB
0.38% Metals & Mining SPDR, XME
0.28% Bond Ex-US Treas, BWX
0.23% Bond, High-Yield Corporate, HYG
0.23% Singapore Index, EWS
0.20% Mexico Index, EWW
0.17% Bond, 10 Year Treasury, IEF
0.14% Taiwan Index, EWT
0.08% India Earnings WTree, EPI
0.07% Bond, 1-3 Year Treasury, SHY
0.06% Materials SPDR, XLB
0.03% Bond Treasury Short-Term iS, SHV
-0.04% India PS, PIN
-0.07% Bond, Aggregate, AGG
-0.10% Preferred Stock iS, PFF
-0.13% Bond, TIPS, TIP
-0.13% Utilities SPDR, XLU
-0.15% Bond, Corp, LQD
-0.17% Basic Materials DJ US, IYM
-0.18% Natural Resource iS GS, IGE
-0.20% Chile MSCI iS, ECH
-0.22% Dividend Appreciation Vipers, VIG
-0.22% Consumer Discretionary SPDR, XLY
-0.23% Bond, High-Yield Junk, JNK
-0.23% Utilities VIPERs, VPU
-0.24% Industrial SPDR, XLI
-0.25% Sweden Index, EWD
-0.26% Hong Kong Index, EWH
-0.30% Energy VIPERs, VDE
-0.33% Growth MidCap 400 B, IJK
-0.35% Energy SPDR, XLE
-0.37% Canada Index, EWC
-0.39% Real Estate US DJ, IYR
-0.39% Value LargeCap Dynamic PS, PWV
-0.41% LargeCap Blend S&P=Weight R, RSP
-0.42% Energy DJ, IYE
-0.43% DIAMONDS (DJIA), DIA
-0.45% REIT VIPERs, VNQ
-0.45% Financial Preferred, PGF
-0.46% Consumer Staples SPDR, XLP
-0.47% Value MidCap Russell, IWS
-0.47% Thailand MSCI iS, THD
-0.48% Growth MidCap Russell, IWP
-0.48% Japan Index, EWJ
-0.49% Dividend SPDR, SDY
-0.51% Growth 1000 Russell, IWF
-0.55% MidCap S&P 400 iS, IJH
-0.55% Growth SmallCap R 2000, IWO
-0.55% Financial SPDR, XLF
-0.55% Realty Cohen & Steers, ICF
-0.55% Bond EmrgMkt JPM iS, EMB
-0.56% S&P 500 SPDRs LargeCap Blend, SPY
-0.56% Dividend DJ Select, DVY
-0.56% MidCap S&P 400 SPDRs, MDY
-0.57% Value S&P 500 B, IVE
-0.58% Agriculture DB PS, DBA
-0.59% REIT Wilshire, RWR
-0.60% MidCap Russell, IWR
-0.61% Growth VIPERs, VUG
-0.62% Blend Total Market VIPERs, VTI
-0.62% Brazil Index, EWZ
-0.62% Value 1000 Russell, IWD
-0.63% Pacific VIPERs, VPL
-0.63% LargeCap Blend S&P 100, OEF
-0.64% S&P 500 iS LargeCap Blend, IVV
-0.64% Energy Global, IXC
-0.64% Value SmallCap S&P 600, RZV
-0.66% Value VIPERs, VTV
-0.67% Networking, IGN
-0.68% Latin Am 40, ILF
-0.70% LargeCap VIPERs, VV
-0.70% Growth BARRA Small Cap 600, IJT
-0.70% Emerging VIPERs, VWO
-0.70% Dividend High Yield Equity PS, PEY
-0.72% Value SmallCap VIPERS, VBR
-0.73% LargeCap 1000 R, IWB
-0.73% Financial DJ US, IYF
-0.73% Water Resources, PHO
-0.73% SmallCap S&P 600, IJR
-0.73% LargeCap Blend Russell 3000, IWV
-0.73% Capital Markets KWB ST, KCE
-0.76% Small Cap VIPERs, VB
-0.77% Growth SmallCap VIPERs, VBK
-0.79% SmallCap Russell 2000, IWM
-0.81% Russia MV, RSX
-0.82% Emerging Markets, EEM
-0.82% Microcap Russell, IWC
-0.82% Growth S&P 500/BARRA, IVW
-0.83% Financials VIPERs, VFH
-0.84% Emerging 50 BLDRS, ADRE
-0.84% Value SmallCap S&P 600 B, IJS
-0.86% Telecom DJ US, IYZ
-0.86% Global ex US ACWI iS, ACWX
-0.87% Pacific ex-Japan, EPP
-0.87% Malaysia Index, EWM
-0.89% Value SmallCap Russell 2000, IWN
-0.89% Value MidCap S&P 400 B, IJJ
-0.90% Transportation Av DJ, IYT
-0.92% Health Care SPDR, XLV
-0.92% Small Cap EAFE MSCI iS, SCZ
-0.94% Financial Services DJ, IYG
-0.95% Commodity Tracking, DBC
-0.98% United Kingdom Index, EWU
-0.99% Technology SPDR, XLK
-1.08% Dividend International, PID
-1.12% Semiconductor SPDR, XSD
-1.12% Global 100, IOO
-1.13% EAFE Index, EFA
-1.14% China 25 iS, FXI
-1.17% Growth EAFE MSCI, EFG
-1.22% Biotech SPDR, XBI
-1.22% Growth LargeCap NASDAQ 100, QQQQ
-1.27% Semiconductor iS IGW, SOXX
-1.28% Technology DJ US, IYW
-1.28% Info Tech VIPERs, VGT
-1.42% Value EAFE MSCI, EFV
-1.52% Europe 350 S&P Index, IEV
-1.57% European VIPERs, VGK
-1.66% China LargeCap Growth G D H USX PS, PGJ
-1.67% Australia Index, EWA
-1.69% South Africa Index, EZA
-1.72% Belgium Index, EWK
-1.79% Germany Index, EWG
-1.82% Switzerland Index, EWL
-1.82% Spain Index, EWP
-1.95% EMU Europe Index, EZU
-2.01% Oil, Crude, U.S. Oil Fund, USO
-2.14% WilderHill Clean Energy PS, PBW
-2.22% France Index, EWQ
-2.33% Netherlands Index, EWN
-2.52% Italy Index, EWI
-2.69% Austria Index, EWO
-2.97% Indonesia MV, IDX
