Technology stock sector Relative Strength Ratio (XLK/SPY) rose above 10-month highs on 10/29/10 and remains bullish. Absolute price of XLK confirmed by rising above 2-year highs.
NASDAQ Composite/S&P 500 Relative Strength Ratio rose above 9-year highs and remains bullish.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) fell below 28-year lows on 10/29/10. The 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.
Silver/Gold Ratio rose further above 2-year highs, again confirming a bullish trend. Silver has outperformed Gold substantially since 8/20/10.
Gold rose above 7-day highs, signaling a minor up wave for the short term.
S&P 500 Composite (SPX, 1,183.26 ) fell 0.52 points or 0.04% on Friday 10/29/10. Stocks stalled out last week, little changed in a very low-volume and very narrow trading range. The short-term trend obviously is neutral. A variety of short-term price momentum indicators (such as RSI, STOCH, MACD, PDI, CCI, etc.) peaked out weeks ago and have been demonstrating weakness relative to the SPX. Such bearish momentum divergence suggests the possibility at least of a short-term correction to the downside, which might seem overdue following a 60-day rally in excess of 13%. In addition, there is a growing perception that Fed QE2, probable conservative U.S. election victories on Tuesday, and strong corporate earnings could be priced into the market already. Sentiment has been leaning toward bullish complacency, so the Art of Contrary Thinking definitely is not on the side of the bullish majority. Seasonal tendencies are bullish, but the smart money may be discounting seasonals in advance, just as they price in everything else that can be guesstimated in advance.
Investing for superior performance is a fast game that requires intelligent anticipation–not waiting to react along with everyone else. We have to try to be ahead of the crowd, and that requires informed guesswork. As challenging as it might be, there is no way around speculation if your goal is outstanding results relative to the pack.
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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
10.50% , EL , Estee Lauder
3.97% , MU.O , MICRON TECH
4.04% , LBTYA , Liberty Global Inc. (LBTYA)
5.12% , KMX , CarMax
3.87% , AA , ALCOA
5.56% , X , US STEEL CORP
3.89% , VRSN , VeriSign Inc
5.35% , WPO , Washington Post
2.42% , GWW , WW GRAINGER
3.38% , WY , WEYERHAEUSER
4.14% , BLL , BALL
2.59% , EIX , EDISON INTL
3.39% , BMC.O , BMC SOFTWARE
2.02% , MI , MARSHAL & ILSLEY
2.25% , ADI , ANALOG DEVICES
3.15% , RL , Polo Ralph Lauren
0.30% , MTK , Technology MS sT, MTK
1.57% , PBI , PITNEY BOWES
1.65% , WOR , WORTHINGTON INDS
1.49% , SIAL , SIGMA ALDRICH
2.89% , CLF , CLIFFS NATURAL RESOURCES, CLF
1.19% , PSI , Semiconductors, PSI
0.54% , JKG , MidCap Blend Core iS M, JKG
0.82% , PKI , PERKINELMER
1.92% , IBM , IBM
2.91% , TIF , TIFFANY
0.49% , DSG , Growth Small Cap DJ, DSG
1.81% , SWK , Stanley Black & Decker
1.45% , PMCS , PMC SIERRA
3.16% , SLV , Silver Trust iS, SLV
1.04% , TROW , T ROWE PRICE GP
1.17% , SBUX , STARBUCKS
2.42% , TIN , TEMPLE INLAND
1.61% , TAP , ADOLPH COORS STK B, TAP
1.31% , LH , LAB CRP OF AMER
1.98% , ININ , Interactive Intelligence ININ
0.89% , VAW , Materials VIPERs, VAW
0.45% , TMW , Wilshire 5000 ST TM, TMW
1.63% , MKC , MCCORMICK
1.67% , QCOM , QUALCOMM
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-9.94% , GNW , GENWORTH FINANCIAL
-6.38% , PWER , POWER ONE
-2.49% , KWT , Solar Energy MV, KWT
-5.66% , SUN , SUNOCO
-4.85% , SNV , SYNOVUS
-3.30% , BIG , BIG LOTS
-8.37% , ABK , AMBAC FINL GRP
-2.24% , AON , AON
-0.84% , PGR , PROGRESSIVE OHIO
-0.57% , ITF , Japan LargeCap Blend TOPIX 150, ITF
-1.81% , FLR , FLUOR
-0.45% , ADRA , Asia 50 BLDRS, ADRA
-4.21% , HSIC , Henry Schein Inc
-2.52% , MDT , MEDTRONIC
-1.44% , SLE , SARA LEE
-4.47% , ODP , OFFICE DEPOT
-2.96% , CTSH , Cognizant Technology Solutions
-1.48% , KSS , KOHLS
-1.25% , MAR , MARRIOTT INTL STK A
-1.71% , COF , CAPITAL ONE FNCL
-0.40% , PJP , Pharmaceuticals, PJP
-1.61% , AET , AETNA
-2.18% , CVX , CHEVRONTEXACO
-4.23% , MTG , MGIC INVESTMENT
-1.71% , MRK , MERCK & CO
-0.73% , STJ , ST JUDE MEDICAL
-1.15% , LO , Lorillard, Inc. LO
-0.39% , ADM , ARCHER DANIELS
-0.70% , CMS , CMS ENERGY
-1.34% , DELL , DELL
-1.42% , RSH , RADIOSHACK
-0.84% , NWL , NEWELL RUBBER
-1.40% , CI , CIGNA
-2.00% , CTB , COOPER TIRE
-0.25% , EWL , Switzerland Index, EWL
-0.59% , AGN , ALLERGAN
-2.12% , ITT , ITT INDS
-1.73% , CVS , CVS
-1.14% , BDX , BECTON DICKINSON
-0.83% , ABT , ABBOTT LABS
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 6-month highs on 10/26/10 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 further above 5-month highs on 10/25/10 and remains bullish, with the rising 50-day SMA opening up more distance above the rising 200-day SMA. Support 33.94, 33.11, 32.66, 31.70, 29.80, 28.64, 28.21, and 26.62. Resistance 36.13, 38.25 and 39.09.
Technology (XLK) Bullish, Over Weight. The Relative Strength Ratio (XLK/SPY) rose above 10-month highs on 10/29/10 and remains bullish. Absolute price of XLK rose above 2-year highs on 10/29/10 and remains bullish. Support 23.64, 23.56, 22.68, 22.53, 21.60, 20.01, and 19.51. Resistance 24.68 and 25.69.
Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) fell below 5-week lows and crossed below its 50-day SMA on 10/27/10, thereby turning neutral. Absolute price rose above 5-month highs on 10/25/10 and remains bullish. Support 31.58, 30.79, 30.51, 30.32, 29.77, and 27.67. Resistance 32.95, 33.04, 35.00, and 36.16.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) trend has turned neutral/sideways since peaking on 9/13/10. Absolute price rose above 5-month highs on 10/25/10 and remains bullish. Support 33.70, 32.36, 29.88, 29.43, and 27.67. Resistance 35.47 and 37.56.
Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) rose above 5-month highs on 10/14/10 but remains technically neutral, with the 50-day SMA below the 200-day SMA. Absolute price rose above 5-month highs on 10/25/10 and is bullish, with the rising 50-day SMA above the 200-day SMA. Price peaked at 62.30 on 4/26/10. Support 57.70, 55.68, 53.22, 50.33, 48.56, 46.16, and 43.66. Resistance 60.29, 62.30, 62.73, 69.95, and 78.10.
Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) turned neutral on 9/3/10 when it crossed below its 50-day SMA, which is still above its 200-day SMA. Absolute price rose above 2-year highs on 10/25/10 and remains bullish. Support 28.28, 28.04, 27.76, 27.63, 27.46, 26.34, 25.30, and 24.95. Resistance 29.00, 29.29 and 30.29.
Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) fell below 2-month lows on 10/27/10 and remains bearish, as it has been most of the time since peaking on 2/23/09. Absolute price of XLV remains neutral. Price peaked at 33.16 on 1/20/10. Support 30.70, 30.11, 29.87, 28.00, 27.49. Resistance 31.64, 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 4-month lows on 10/27/10 but remains neutral, with its 50-day SMA still above its 200-day SMA. Absolute price of XLU remains bullish, with the rising 50-day SMA above the rising 200-day SMA. Support 31.25, 30.76, 30.15, 29.66, 27.91, 27.44, and 25.76. Resistance 32.40.
Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) fell further below 17-month lows on 10/15/10 and remains bearish. Absolute price of XLF bounced up into the neutral zone on 10/18/10 when it crossed above its 50-day SMA. XLF price remains below its 200-day SMA, and the 50-day SMA remains below the 200-day SMA. XLF has been bearish most days after peaking at 17.12 on 4/15/10. Support 14.25, 13.29, and 13.08. Resistance 15.00, 15.09, 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below 4-week lows and crossed below its 50-day SMA on 10/27/10, thereby turning neutral.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below 5-week lows and crossed below its 50-day SMA on 10/27/10, thereby turning neutral.
NASDAQ Composite/S&P 500 Relative Strength Ratio rose above 9-year highs on 10/29/10 and remains bullish. Absolute price rose above 6-month highs on 10/29/10 and remains bullish.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) fell below 28-year lows on 10/29/10. The 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) remains technically neutral for the intermediate term. IWM/SPY has been correcting and consolidating major uptrend gains since peaking on 5/17/10.
The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) rose above 15-year highs on 9/30/10 and remains bullish. Absolute price rose above 5-month highs on 10/25/10 and remains bullish, with the rising 50-day SMA above the rising 200-day SMA.
Crude Oil nearest futures contract price has continued to consolidate losses since breaking down below 2-week lows on 10/19/10 and remains neutral for the short term. In addition, for the intermediate term, Oil has been consolidating more or less sideways/neutral in a choppy trading range since topping at 87.15 on 5/3/10. Support 78.86, 72.63, 70.76, 70.35, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 84.43, 84.55, 87.15, 90.51, 98.65, and 102.84.
Gold nearest futures contract price rose above 7-day highs on 10/29/10, signaling a minor up wave for the short term. Gold rose above previous all-time highs on 10/14/10, confirming its obvious bullish major long-term trend. Support 1315.6, 1297.0, 1274.8, 1270.5, 1232.4, 1210.9, 1191.5, and 1155.6. Resistance: 1388.1, the high on 10/14/10.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) fell below 8-week lows on 10/19/10, thereby giving a bearish signal for the Secondary, intermediate-term trend. GDX has been underperforming GLD since 9/22/10.
Silver/Gold Ratio rose further above 2-year highs on 10/29/10, again confirming a bullish trend. Silver has outperformed Gold substantially since 8/20/10.
Copper nearest futures contract price rose above 2-year highs on 10/26/10, confirming a major uptrend. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 3.72, 3.6445, 3.3930, 3.1775, 2.9285, 2.8555, 2.8445, and 2.72. Resistance 4.0825 and 4.27.
U.S. Treasury Bond nearest futures contract price broke down below 10-week lows on 10/27/10, confirming my preexisting bearish feelings. It appears possible that Bonds have topped for the intermediate-term trend. Support 129.18, 129.05, 126.01, 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 132.30, 135.12, 135.19, 136.31, 137.31, and 142.31.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) rose above 5-month highs on 10/27/10. Absolute price rose above 2-year highs on 10/29/10 and remains bullish.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) rose above 8-month highs on 10/14/10 and has been rising since 8/24/10. This implies that fixed-income investors have been choosing more inflation protection since 8/24/10.
The U.S. dollar nearest futures contract price consolidated losses by fluctuating sideways last week. Sentiment has been extremely bearish for months. Bearish price momentum now appears to be stalling out, however, and that might be a clue about potential trend change for the short term. The long-term secular trend remains obviously bearish, but with the USD nearing the lower end of its 52-week price range, an “oversold” USD could invite some bottom fishing. There can be little doubt that the secular trend is bearish, however. Support 76.875, 76.335, 75.85, 74.27, and 70.80. Resistance 78.61, 80.505, 82.335, 83.315, 83.64, 83.96, 85.36, 86.71, 88.80, 89.22, 89.71, and 92.53.
Advisory Service Sentiment: There were 45.6% Bulls versus 24.4% Bears as of 10/27/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio stands at a moderately above average 1.87, up from an extreme low of 0.78 on 9/1/10. That 0.78 was the lowest level of bullish sentiment in 17 months, since 3/25/09. Previously, the ratio had fallen substantially from and extreme 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 1.53, and the mean is 1.60.
VIX Fear Index rose above 21 in late October after plunging below 5-month lows to 17.90 on 10/13/10. VIX is down from 48.20 on 5/21/10. A relatively low VIX suggests that sentiment has been through a period of bullish complacency, while a rising trend of VIX indicates hesitancy by options players to chase obvious price strength. 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 suggests a Primary Tide Bull Market, in my interpretation. 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. On Friday 9/24/10, the Dow-Jones Industrial Average rose to a new 4-month closing price high and on Tuesday 9/28/10 the Dow-Jones Transportation Average confirmed by making a new 4-month closing price high. This signals an intermediate-term Secondary uptrend, according to The Dow Theory.
S&P 500 Composite (SPX, 1,183.26 ) fell 0.52 points or 0.04% on Friday 10/29/10. Stocks stalled out last week, little changed in a very low-volume and very narrow trading range. The short-term trend obviously is neutral. A variety of short-term price momentum indicators (such as RSI, STOCH, MACD, PDI, CCI, etc.) peaked out weeks ago and have been demonstrating weakness relative to the SPX. Such bearish momentum divergence suggests the possibility at least of a short-term correction to the downside, which might seem overdue following a 60-day rally in excess of 13%. In addition, there is a growing perception that Fed QE2, probable conservative U.S. election victories on Tuesday, and strong corporate earnings could be priced into the market already. Sentiment has been leaning toward bullish complacency, so the Art of Contrary Thinking definitely is not on the side of the bullish majority. Seasonal tendencies are bullish, but the smart money may be discounting seasonals in advance, just as they price in everything else that can be guesstimated in advance. Investing for superior performance is a fast game that requires intelligent anticipation–not waiting to react along with everyone else. We have to try to be ahead of the crowd, and that requires informed guesswork. As challenging as it might be, there is no way around speculation if your goal is outstanding results relative to the pack.
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
1196.14, high of 10/25/10
S&P 500 Cash Index Potential Support
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
3.16% Silver Trust iS, SLV
1.19% Chile MSCI iS, ECH
1.13% Canada Index, EWC
1.08% Metals & Mining SPDR, XME
1.05% Gold Shares S.T., GLD
1.01% Spain Index, EWP
0.93% Bond, 20+ Years Treasury, TLT
0.89% Mexico Index, EWW
0.85% Semiconductor SPDR, XSD
0.81% Singapore Index, EWS
0.81% Materials SPDR, XLB
0.73% Russia MV, RSX
0.69% Basic Materials DJ US, IYM
0.69% Networking, IGN
0.64% Small Cap EAFE MSCI iS, SCZ
0.62% Semiconductor iS IGW, SOXX
0.58% Growth MidCap Russell, IWP
0.57% Bond Ex-US Treas, BWX
0.57% Malaysia Index, EWM
0.57% Energy Global, IXC
0.56% Latin Am 40, ILF
0.55% Growth SmallCap R 2000, IWO
0.54% Agriculture DB PS, DBA
0.51% Indonesia MV, IDX
0.50% Growth SmallCap VIPERs, VBK
0.48% Brazil Index, EWZ
0.46% Growth BARRA Small Cap 600, IJT
0.45% Bond, 10 Year Treasury, IEF
0.45% Sweden Index, EWD
0.44% Natural Resource iS GS, IGE
0.41% India Earnings WTree, EPI
0.40% Water Resources, PHO
0.40% Growth MidCap 400 B, IJK
0.39% Transportation Av DJ, IYT
0.39% South Africa Index, EZA
0.37% LargeCap Blend S&P=Weight R, RSP
0.35% United Kingdom Index, EWU
0.35% MidCap Russell, IWR
0.35% Consumer Staples SPDR, XLP
0.34% Capital Markets KWB ST, KCE
0.33% Bond, TIPS, TIP
0.33% Biotech SPDR, XBI
0.33% Dividend International, PID
0.32% Bond EmrgMkt JPM iS, EMB
0.32% Homebuilders SPDR, XHB
0.32% Telecom DJ US, IYZ
0.32% India PS, PIN
0.31% SmallCap Russell 2000, IWM
0.31% Value SmallCap S&P 600 B, IJS
0.30% MidCap S&P 400 iS, IJH
0.28% Emerging Markets, EEM
0.28% Value SmallCap Russell 2000, IWN
0.28% Value MidCap Russell, IWS
0.27% Hong Kong Index, EWH
0.26% Emerging VIPERs, VWO
0.24% Small Cap VIPERs, VB
0.23% MidCap S&P 400 SPDRs, MDY
0.22% Pacific ex-Japan, EPP
0.21% Bond, Aggregate, AGG
0.21% SmallCap S&P 600, IJR
0.20% Dividend SPDR, SDY
0.20% Bond, Corp, LQD
0.19% DIAMONDS (DJIA), DIA
0.19% Dividend High Yield Equity PS, PEY
0.19% Bond, High-Yield Junk, JNK
0.19% Growth 1000 Russell, IWF
0.17% Financial Preferred, PGF
0.16% Growth VIPERs, VUG
0.16% Technology SPDR, XLK
0.16% Dividend Appreciation Vipers, VIG
0.16% Utilities SPDR, XLU
0.16% Industrial SPDR, XLI
0.15% Info Tech VIPERs, VGT
0.15% Utilities VIPERs, VPU
0.15% Value SmallCap S&P 600, RZV
0.15% Technology DJ US, IYW
0.15% Value SmallCap VIPERS, VBR
0.14% LargeCap Blend Russell 3000, IWV
0.13% Blend Total Market VIPERs, VTI
0.12% LargeCap 1000 R, IWB
0.11% Preferred Stock iS, PFF
0.11% Growth S&P 500/BARRA, IVW
0.11% Emerging 50 BLDRS, ADRE
0.11% Realty Cohen & Steers, ICF
0.10% Financial Services DJ, IYG
0.09% Global ex US ACWI iS, ACWX
0.09% LargeCap VIPERs, VV
0.09% Microcap Russell, IWC
0.08% Dividend DJ Select, DVY
0.08% Global 100, IOO
0.08% S&P 500 SPDRs LargeCap Blend, SPY
0.07% Real Estate US DJ, IYR
0.07% Belgium Index, EWK
0.07% Energy SPDR, XLE
0.07% Bond Muni ATM-Free S&P iS, MUB
0.06% Value LargeCap Dynamic PS, PWV
0.05% Value MidCap S&P 400 B, IJJ
0.05% REIT Wilshire, RWR
0.05% Thailand MSCI iS, THD
0.05% Energy VIPERs, VDE
0.04% Bond, High-Yield Corporate, HYG
0.04% Germany Index, EWG
0.04% Australia Index, EWA
0.04% Value EAFE MSCI, EFV
0.03% Value 1000 Russell, IWD
0.03% S&P 500 iS LargeCap Blend, IVV
0.03% Europe 350 S&P Index, IEV
0.02% Bond, 1-3 Year Treasury, SHY
0.02% REIT VIPERs, VNQ
0.00% Taiwan Index, EWT
0.00% Financials VIPERs, VFH
0.00% Bond Treasury Short-Term iS, SHV
-0.03% Consumer Discretionary SPDR, XLY
-0.03% Value VIPERs, VTV
-0.04% EAFE Index, EFA
-0.06% Financial DJ US, IYF
-0.10% Energy DJ, IYE
-0.11% EMU Europe Index, EZU
-0.11% Financial SPDR, XLF
-0.12% LargeCap Blend S&P 100, OEF
-0.13% Value S&P 500 B, IVE
-0.14% Turkey MSCI iS, TUR
-0.16% European VIPERs, VGK
-0.16% Pacific VIPERs, VPL
-0.17% Italy Index, EWI
-0.20% France Index, EWQ
-0.20% Growth EAFE MSCI, EFG
-0.23% Growth LargeCap NASDAQ 100, QQQQ
-0.24% China LargeCap Growth G D H USX PS, PGJ
-0.24% Commodity Tracking, DBC
-0.25% Switzerland Index, EWL
-0.31% China 25 iS, FXI
-0.40% Japan Index, EWJ
-0.42% Health Care SPDR, XLV
-0.62% Oil, Crude, U.S. Oil Fund, USO
-0.67% Netherlands Index, EWN
-0.75% Austria Index, EWO
-0.99% WilderHill Clean Energy PS, PBW
-1.18% South Korea Index, EWY
