Stocks closed lower on lighter trading volume on 7/28/10. The S&P 500 Composite (SPX) moved a little further below its 200-day SMA and remains neutral. SPX remains above its 50-day SMA, but the 50 is below the 200. MACD rose further above 12-week highs, but many other price momentum indicators turned modestly lower. A mild price consolidation is evident, nothing more. Although greater price volatility also would be normal, downside damage may prove to be limited, reflecting the degree of the May-July deep oversold condition and the depth of bearish sentiment, which has yet to be worked off.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) appears moderately bearish for the intermediate term, trending downward since 5/3/10. Longer term, IWD/SPY appears bearish, trending downward since 3/22/07.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) appears moderately bullish for the intermediate term, trending upward since 4/14/10. Longer term, IWF/IWD appears bullish, trending upward since 8/8/06.

Crude Oil fell below 3-day lows on 7/28/10. Oil tried but failed to overcome resistance around 79-80. Oil has been in a trading range since making a low at 64.24 on 5/25/10.

Gold fell below 12-week lows intraday on 7/28/10 before reversing to close higher. On 7/22/10, I wrote, “Gold has been in a correction within a major bullish trend since 6/21/10, and that correction may resume soon.”

Copper rose further above 10-week highs on 7/28/10, again confirming a significant uptrend for the intermediate-term. Strength in Copper suggests confidence about prospects for the world economy.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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
6.00% , CHRW.O , CH Robinson Worldwide Inc, CHRWD
3.88% , TBH , Telebras HOLDRS, TBH
3.07% , CVS , CVS
4.61% , FDO , FAMILY DLR STRS
1.27% , ITF , Japan LargeCap Blend TOPIX 150, ITF
2.62% , FISV , FISERV
2.76% , SLM , SLM CORP
1.92% , JNY , JONES APPAREL
4.65% , WAT , WATERS
2.03% , HOT , STARWOOD HOTELS
1.12% , VZ , VERIZON COMMS
1.19% , CMCSA , COMCAST HOLDINGS STK A
1.03% , PPL , PPL
0.43% , IEF , Bond, 10 Year Treasury, IEF
0.61% , CTAS , CINTAS
1.44% , DBA , Agriculture DB PS, DBA
0.33% , TLH , Bond 10-20 Year US Treas, TLH
4.19% , RIMM , RESEARCH IN MOTION LTD
0.21% , S , SPRINT NEXTEL
0.43% , ILF , Latin Am 40, ILF
1.15% , EXPD , Expeditors International WA
0.27% , XRAY , DENTSPLY International Inc
0.52% , PX , PRAXAIR
1.18% , PH , PARKER HANNIFIN
3.13% , JCI , JOHNSON CONTROLS
0.18% , GVI , Bond Interm U.S. Gov, GVI
0.67% , PKI , PERKINELMER
0.27% , CVG , CONVERGYS
1.19% , EXC , EXELON CORP
2.26% , NIHD , NII Holdings, Inc.
1.77% , MBI , MBIA
0.33% , ADRA , Asia 50 BLDRS, ADRA
0.39% , WYNN , Wynn Resorts L
0.20% , AZO , AUTOZONE
0.41% , DBC , Commodity Tracking, DBC
0.19% , T , AT&T Corp., T
0.58% , DGX , QUEST DIAG
0.11% , UNP , UNION PACIFIC
0.43% , NOC , NORTHROP GRUMMAN
0.09% , BDX , BECTON DICKINSON

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-15.21% , EK , EASTMAN KODAK
-10.06% , IGT , INTL GAME TECH
-8.39% , CEPH , Cephalon Inc
-7.20% , HSP , HOSPIRA
-0.87% , IIH , Internet Infrastructure H, IIH
-7.89% , NYT , NY TIMES STK A
-1.01% , JKG , MidCap Blend Core iS M, JKG
-4.59% , AVY , AVERY DENNISON
-0.76% , PTE , Telecommunications & Wireless, PTE
-0.82% , IWZ , Growth LargeCap Russell 3000, IWZ
-7.05% , ATI , ALLEGHENY TECH
-2.79% , HANS , Hansen Natural, HANS
-5.37% , IP , INTL PAPER
-3.73% , WLP , WELLPOINT HEALTH
-1.64% , PJP , Pharmaceuticals, PJP
-1.64% , IJR , SmallCap S&P 600, IJR
-3.73% , MHS , MEDCO HEALTH
-4.07% , ERIC.O , LM Ericsson Telephone Company
-3.68% , CI , CIGNA
-2.74% , SEE , SEALED AIR
-3.15% , NVDA , NVIDIA
-0.91% , PXJ , Oil & Gas, PXJ
-3.06% , PLD , PROLOGIS TRUST
-3.29% , BK , BANK OF NEW YORK
-0.46% , IXC , Energy Global, IXC
-1.45% , JKI , Value MidCap iS M, JKI
-1.13% , PXE , Energy Exploration & Prod, PXE
-2.72% , PNC , PNC FINL SVC
-2.86% , AET , AETNA
-6.04% , KBH , KB HOME
-1.43% , PMR , Retail, PMR
-3.53% , ISIL , INTERSIL CORP
-3.56% , BSX , BOSTON SCIENT
-1.46% , VRSN , VeriSign Inc
-1.27% , PWO , OTC Dynamic PS, PWO
-1.05% , PUI , Utilities, PUI
-5.63% , RFMD , RF Micro Devices Inc
-0.91% , BWX , Bond Ex-US Treas, BWX
-0.67% , VDC , Consumer Staples VIPERs, VDC
-0.97% , PEY , Dividend High Yield Equity PS, PEY

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

Industrial (XLI) Bullish, Over Weight. The Relative Strength Ratio (XLI/SPY) turned bullish as of 7/22/10: it crossed above the 50-day SMA, remains above the 200-day, and the 50- is above the 200-day SMA. Absolute price of XLI has been bullish, above both SMAs, and with the 50 above the 200. Support 26.79 and 26.66. Resistance 32.41, 33.46, 34.24, 34.50, and 35.00.

Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) is between 50- and 200-day SMAs, so XLY/SPY is to neutral. Absolute price of XLY is now bullish. Price crossed above the 50-day SMA on 7/23/10 and crossed above the 200-day SMA on 7/22/10, and the 50-day SMA is above the 200-day SMA. Support 28.64, 28.21, and 26.62. Resistance 33.12, 34.39, 36.13, 38.25 and 39.09. Absolute price of XLP crossed above the 200-day SMA on 7/22/10

Utilities (XLU) Bullish, Over Weight. The Relative Strength Ratio (XLU/SPY) remains bullish above 50-day and 200-day SMAs, and with the 50 above the 200. Absolute price of XLU broke out above 6-month highs on 7/27/10, and XLU moved further above 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA, although that is a lagging indicator. Support 29.66, 27.91, 27.44, and 25.76. Resistance 31.64 and 32.08.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) rose to a new 6-month high on 7/22/10 and remains bullish. Absolute price of XLK rose to a new 5-week high on 7/27/10, and XLK rose further above both 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA, although that is a lagging indicator. Support 20.01 and 19.51. Resistance 22.62, 23.27, 24.16, 24.68, and 25.69.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) turned bullish on 7/6/10 when the 50-day SMA crossed above the 200-day SMA. Absolute price of XLP rose to a new 10-week high on 7/27/10, and XLP rose further above both 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA. Support 25.30 and 24.95. Resistance 27.83, 27.95, 28.20, 28.75, 29.29 and 30.29.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) is neutral, above 50-day SMA but below 200-day SMA. Absolute price of XLB crossed below its 200-day SMA on 7/27/10 and remains neutral. The 50-day SMA remains below the 200-day SMA. Support 27.67. Resistance 33.06, 35.47, and 37.56.

Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Absolute price of XLF turned neutral on 7/23/10 by rising above the 50-day SMA. Price remains below the 200-day SMA, and the 50-day SMA is below the 200-day SMA. Support 13.34 and 13.08. Resistance 15.05, 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.

Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) turned bearish on 7/26/10 as it crossed below the 50-day SMA. The 50-day SMA remains below the 200-day SMA. Absolute price of XLE turned neutral on 7/22/10 as it crossed above the 50-day SMA. The 50-day SMA remains below the 200-day SMA. Support 48.56, 46.16, and 43.66. Resistance 56.70, 58.11, 59.84, 62.30, 62.73, 69.95, and 78.10.

Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) turned bearish again on 7/20/10, as it fell back below its 50-day SMA. Absolute price of XLV remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Support 27.49. Resistance 29.38, 29.93, 30.83, 32.05, 32.18, 32.42, 32.69, 33.16, 33.37 and 33.74.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) has been rising since its low on 5/20/10 but remains neutral, with the 50-day below the 200-day SMA. Absolute price of EEM crossed above its 200-day SMA on 7/22/10 but remains neutral because the 50-day is below the 200-day SMA.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) has been rising since its low on 5/26/10 but remains neutral, with the 50-day below the 200-day SMA. Absolute price of EFA crossed above its 50-day SMA on 7/8/10 thereby turning neutral.

NASDAQ Composite/S&P 500 Relative Strength Ratio appears to be consolidating gains since its peak on 6/3/10. Absolute price crossed above its 200-day SMA on 7/23/10 but is only neutral because the 50-day remains below the 200-day SMA.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) appears moderately bearish for the intermediate term, trending downward since 5/3/10. Longer term, IWD/SPY appears bearish, trending downward since 3/22/07.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) appears moderately bullish for the intermediate term, trending upward since 4/14/10. Longer term, IWF/IWD appears bullish, trending upward since 8/8/06.

The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 6/15/10. Longer term, RSP /SPY has been bullish, trending upward since 11/19/08.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) appears to be consolidating losses since its low on 6/15/10. Big caps have been 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) appears neutral for the intermediate term, consolidating gains since peaking on 5/17/10. Longer term, IWM/SPY has been bullish, trending upward since 4/8/99.

The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 5/28/10. Longer term, MDY /SPY has been bullish, trending upward since 4/7/99.

Crude Oil nearest futures contract fell below 3-day lows on 7/28/10. Oil tried but failed to overcome resistance around 79-80. Oil has been in a trading range since making a low at 64.24 on 5/25/10. Support 74.25, 71.09, 70.93, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 79.69, 80.53, 87.15, 90.51, 98.65, and 102.84.

Gold nearest futures contract fell below 12-week lows intraday on 7/28/10 before reversing to close higher. On 7/22/10, I wrote, “Gold has been in a correction within a major bullish trend since 6/21/10, and that correction may resume soon.” Support 1156.2, 1124.3, 1084.8, 1045.2, 1026.9 and 989.3. Resistance: 1203.9, 1218.8, 1264.8, 1263.7, and 1266.5.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) has been whipsawing sideways through moving averages in recent months. Best stand aside until a clear trend emerges.

Silver/Gold Ratio turned neutral on 7/22/10 when it rose above its 50-day SMA. It remains neutral below the 200-day SMA, and the 50-day remains below the 200-day SMA. Silver has underperformed Gold moderately since 9/16/09

Copper nearest futures contract price rose further above 10-week highs on 7/28/10, again confirming a significant uptrend for the intermediate-term. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 2.9285, 2.8555, 2.8445, and 2.72. Resistance 3.2675, 3.3225, 3.795 and 4.27.

U.S. Treasury Bond nearest futures contract price fell below 10-day lows intraday on 7/28/10 before reversing to close higher. The Bond rose above 16-month highs on 7/21/10, confirming a longer-term uptrend. Support 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 130.31, 133.20, 137.31, and 142.31.

Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) appears neutral for the intermediate term, consolidating gains since peaking on 5/17/10. Longer term, JNK/LQD has been bullish, trending upward since 3/9/09.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell below 9-month lows on 7/2/10 and remains RELATIVELY bearish. This implies that investors are choosing less inflation protection. Absolute price of TIP turned from bullish to neutral as of 7/2/10.

The U.S. dollar nearest futures contract price fell below 12-week lows on 7/27/10. USD remains in a downtrend that started on 6/7/10. Support 80.14, 79.73, 79.61, 78.83, 78.20, 76.74 and 75.90. Resistance 85.36, 86.71, 89.22, 89.71, and 92.53.

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. The Art of Contrary Thinking is best used together with more precise market timing tools.

Advisory Service Sentiment: There were 38.2% Bulls versus 34.9% Bears as of 7/28/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio rose to 1.09, up from 1.00 the previous week. This ratio is also up from 0.94 on 7/14/10, which was the lowest since 0.82 on 4/1/09. The ratio has fallen substantially from its peak at 3.36 set on 1/13/10, which was the highest bullish sentiment in 6 years. The 20-year range is 0.41 to 3.74, the median is 1.51, and the mean is 1.57.

VIX Fear Index has eased into the low 20s since its high peaks at 48.20 on 5/21/10 and 37.58 on 7/1/10. Those peaks quantified significant bearish sentiment, and it may take time to work that off. 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 also has eased into the low 20s since its peaks at 48.89 on 5/21/10 and 38.29 on 7/1/10. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

ISEE Call/Put Ratio fell to .059 on 5/7/10, a low level that indicates bearish sentiment. Its 2-year mean is 1.20, and its typical range is 0.69 to 1.71, which represents two standard deviations from the mean.

CBOE Put/Call Ratio rose to 0.96 on 5/20/10, its highest level of the year. A high level indicates bearish sentiment. The 2-year mean is 0.70, and the typical range is 0.44 to 0.96, which represents two standard deviations from the mean.

The Dow Theory suggests completion of a significant Secondary Reaction within a Primary Tide Bull Market since the 4/26/10 high, in my interpretation. (There is room for interpretation, and so different students of Dow’s Theory may have different interpretations.) The Dow Theory last confirmed a Bullish Major Trend on 4/26/10, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 18 months. The Dow Theory 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. That 7/23/09 bullish signal reversed the previous bearish 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 Composite (SPX) moved a little further below its 200-day SMA on 7/28/10 and remains neutral. SPX remains above its 50-day SMA, but the 50 is below the 200. MACD rose further above 12-week highs, but many other price momentum indicators turned modestly lower. A mild price consolidation is evident, nothing more. Although greater price volatility also would be normal, downside damage may prove to be limited, reflecting the degree of the May-July deep oversold condition and the depth of bearish sentiment, which has yet to be worked off. Support 1055.19, 1044.74, 1008.55, 991.97, 978.51, 956.23, and 943.29. Resistance 1131.23, 1173.57, and 1219.80.

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
1220.03, high of 9/25/2008
1219.80, high of 4/26/2010
1173.57, high of 5/13/2010
1131.23, high of 6/21/2010

S&P 500 Cash Index Potential Support
1055.19, 50.0% of July 2010 range
1044.74, Fibonacci 61.8% of July 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

1.44% Agriculture DB PS, DBA
1.15% Japan Index, EWJ
0.72% Brazil Index, EWZ
0.43% Latin Am 40, ILF
0.43% Bond, 10 Year Treasury, IEF
0.43% Bond Muni ATM-Free S&P iS, MUB
0.41% Commodity Tracking, DBC
0.36% Bond, Corp, LQD
0.33% Bond, TIPS, TIP
0.32% Bond, 20+ Years Treasury, TLT
0.24% Gold Shares S.T., GLD
0.23% Financial Preferred, PGF
0.22% Austria Index, EWO
0.22% Pacific VIPERs, VPL
0.19% Bond, Aggregate, AGG
0.15% Telecom DJ US, IYZ
0.10% Bond, 1-3 Year Treasury, SHY
0.06% Transportation Av DJ, IYT
0.02% China 25 iS, FXI
-0.13% Energy DJ, IYE
-0.15% Bond EmrgMkt JPM iS, EMB
-0.15% Real Estate US DJ, IYR
-0.18% REIT Wilshire, RWR
-0.20% REIT VIPERs, VNQ
-0.21% Bond, High-Yield Corporate, HYG
-0.22% Energy SPDR, XLE
-0.24% Taiwan Index, EWT
-0.25% Realty Cohen & Steers, ICF
-0.26% Emerging 50 BLDRS, ADRE
-0.26% Industrial SPDR, XLI
-0.27% Energy VIPERs, VDE
-0.28% Switzerland Index, EWL
-0.29% China LargeCap Growth G D H USX PS, PGJ
-0.31% Preferred Stock iS, PFF
-0.31% Materials SPDR, XLB
-0.33% Singapore Index, EWS
-0.33% DIAMONDS (DJIA), DIA
-0.38% Canada Index, EWC
-0.40% France Index, EWQ
-0.41% Growth EAFE MSCI, EFG
-0.42% Indonesia MV, IDX
-0.42% Dividend Appreciation Vipers, VIG
-0.43% India Earnings WTree, EPI
-0.44% Small Cap EAFE MSCI iS, SCZ
-0.46% Natural Resource iS GS, IGE
-0.46% Energy Global, IXC
-0.48% Emerging VIPERs, VWO
-0.48% Utilities SPDR, XLU
-0.52% Value EAFE MSCI, EFV
-0.52% EAFE Index, EFA
-0.53% Global 100, IOO
-0.53% LargeCap Blend S&P 100, OEF
-0.54% Mexico Index, EWW
-0.55% Consumer Staples SPDR, XLP
-0.56% Emerging Markets, EEM
-0.57% Global ex US ACWI iS, ACWX
-0.59% Basic Materials DJ US, IYM
-0.59% Growth S&P 500/BARRA, IVW
-0.64% Networking, IGN
-0.65% S&P 500 SPDRs LargeCap Blend, SPY
-0.65% Growth 1000 Russell, IWF
-0.65% Value LargeCap Dynamic PS, PWV
-0.65% LargeCap 1000 R, IWB
-0.65% S&P 500 iS LargeCap Blend, IVV
-0.67% LargeCap VIPERs, VV
-0.68% Capital Markets KWB ST, KCE
-0.69% EMU Europe Index, EZU
-0.70% Consumer Discretionary SPDR, XLY
-0.70% Australia Index, EWA
-0.70% Growth VIPERs, VUG
-0.70% Blend Total Market VIPERs, VTI
-0.71% Value S&P 500 B, IVE
-0.71% South Korea Index, EWY
-0.71% Turkey MSCI iS, TUR
-0.74% Malaysia Index, EWM
-0.76% Utilities VIPERs, VPU
-0.77% Value VIPERs, VTV
-0.77% Value 1000 Russell, IWD
-0.80% Growth LargeCap NASDAQ 100, QQQQ
-0.80% India PS, PIN
-0.80% Technology SPDR, XLK
-0.81% Belgium Index, EWK
-0.81% Silver Trust iS, SLV
-0.83% Europe 350 S&P Index, IEV
-0.84% LargeCap Blend Russell 3000, IWV
-0.84% Dividend DJ Select, DVY
-0.85% Spain Index, EWP
-0.85% Dividend International, PID
-0.86% Financials VIPERs, VFH
-0.87% European VIPERs, VGK
-0.88% Pacific ex-Japan, EPP
-0.88% Financial SPDR, XLF
-0.88% Hong Kong Index, EWH
-0.89% Oil, Crude, U.S. Oil Fund, USO
-0.90% LargeCap Blend S&P=Weight R, RSP
-0.91% Bond Ex-US Treas, BWX
-0.91% MidCap Russell, IWR
-0.91% Russia MV, RSX
-0.92% Financial DJ US, IYF
-0.93% Dividend SPDR, SDY
-0.97% Dividend High Yield Equity PS, PEY
-0.97% United Kingdom Index, EWU
-1.02% Growth MidCap Russell, IWP
-1.02% Metals & Mining SPDR, XME
-1.05% Financial Services DJ, IYG
-1.05% Germany Index, EWG
-1.06% Technology DJ US, IYW
-1.06% Value MidCap Russell, IWS
-1.10% Italy Index, EWI
-1.13% Info Tech VIPERs, VGT
-1.15% Thailand MSCI iS, THD
-1.19% MidCap S&P 400 iS, IJH
-1.20% South Africa Index, EZA
-1.28% WilderHill Clean Energy PS, PBW
-1.31% MidCap S&P 400 SPDRs, MDY
-1.35% Health Care SPDR, XLV
-1.35% Water Resources, PHO
-1.38% Growth MidCap 400 B, IJK
-1.38% Value MidCap S&P 400 B, IJJ
-1.42% Microcap Russell, IWC
-1.46% Growth BARRA Small Cap 600, IJT
-1.47% Netherlands Index, EWN
-1.47% Value SmallCap Russell 2000, IWN
-1.51% Value SmallCap VIPERS, VBR
-1.54% Chile MSCI iS, ECH
-1.54% Small Cap VIPERs, VB
-1.56% Growth SmallCap VIPERs, VBK
-1.62% SmallCap Russell 2000, IWM
-1.64% SmallCap S&P 600, IJR
-1.64% Sweden Index, EWD
-1.65% Semiconductor iS GS, IGW
-1.73% Value SmallCap S&P 600 B, IJS
-1.84% Growth SmallCap R 2000, IWO
-1.87% Value SmallCap S&P 600, RZV
-2.14% Semiconductor SPDR, XSD
-2.82% Homebuilders SPDR, XHB
-2.88% Biotech SPDR, XBI