Daily Stock Market Commentary – 6/16/2008

Stock Market: Most price indicators turned up, but volume failed to confirm.

Bond downtrend continues.

Growth Stock/Value Stock Relative Strength Ratio rose to another new 3-year high.

Foreign stock index EFA Relative Strength Ratio broke down to another new 11-week low, again confirming a significant downside correction.

Bond price again fell below previous 7-month lows, and trends in all time frames still appear vulnerable to further price decline.

CRB commodity price index rose to another new all-time price high.

U.S. dollar rose above previous 4-month highs, turning short- and intermediate-term trends Bullish.

On Friday, majorstock priceindexes gapped higher on the open and rallied significantly to a peak at 10:19 a.m. Prices retraced most of the early gain before rising again from 1:47 p.m. into the final minutes.Stocks finished near their highest levels of the day, perhaps offering some encouragement to the battered Bulls, who still lost money for the week as a whole.

The S&P 500 closed at 1,360.03, up 20.16 points or 1.50%. The breadth of the market showed 2.69 to 1 advances over declines on the NYSE. Still, there were more than 3 times more New Lows than New Highs, on both the NYSE and the NASDAQ.

Total NYSE volume fell 13%, thereby denying confirmation of the upside price action.

I have been assuming that the March-May rally was nothing more than a counter-trend rally and Secondary Reaction Continuation Pattern within the context of a Primary Bearish Trend. The sum total weight of the evidence for the stock market in general appears to be taking on a more Bearish tilt again since the rally top on 5/19/08. The short-term general market action has been subject to rapid and frequent change, so a cautious approach still seems prudent.

Spotlight on event stocks: Here is astock screenI 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
1.24% , NY , Value LargeCapNYSE 100 iS, NY
2.89% , IIH , Internet Infrastructure H, IIH
2.58% , IGW , Semiconductor iS GS, IGW
1.98% , SWH , Software H, SWH
7.76% , AW , ALLIED WASTE IND
1.58% , FDV , Value 40 Large Low P/E FT DB, FDV
7.69% , APOL , APOLLO GROUP
7.75% , WOR , WORTHINGTON INDS
7.40% , STLD , Steel Dynamics, STLD
2.25% , PXN , Nanotech Lux, PXN
4.00% , ACS , AFFILIATED COMPUTER
4.50% , F , FORD MOTOR
5.11% , MWV , MEADWESTVACO
2.98% , VIA , VIACOM INC. (New)
1.07% , PUI , Utilities, PUI
0.60% , IXC , Energy Global, IXC
3.95% , BLL , BALL
3.18% , HSY , HERSHEY FOODS
3.93% , AES , AES
1.57% , UTH , Utilities H, UTH
5.70% , MRVL , MARVELL TECHNOLOGY
1.50% , TMW , Wilshire 5000 ST TM, TMW
0.61% , PXQ , Networking, PXQ
2.05% , PKB , Building & Construction, PKB
8.24% , RYAAY , Ryanair Holdings plc
4.92% , CHKP , Check Point Software Technologies Ltd
1.12% , BBH , Biotech H, BBH
3.60% , WHR , WHIRLPOOL
5.23% , XMSR , XM Satellite R
1.49% , PEJ , Leisure & Entertainment, PEJ
0.89% , VPL , Pacific VIPERs, VPL
2.23% , PMR , Retail, PMR
6.92% , GS , GOLDMAN SACHS
1.06% , PPH , Pharmaceutical H, PPH
3.41% , CTSH , Cognizant Technology Solutions
3.08% , MVV , Ultra MidCap400 Double, MVV
0.90% , XLU , Utilities SPDR, XLU
1.51% , ELG , Growth Large Cap, ELG
1.04% , CFC ,COUNTRYWIDE FNCL
3.01% , HAS , HASBRO

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol , Name
-3.01% , KO , COCA COLA
-10.35% , FITB , FIFTH THIRD BANC
-0.93% , PEY , Dividend High YieldEquity PS, PEY
-5.80% , WB , WACHOVIA
-2.09% , KEY , KEYCORP
-3.57% , CMA , COMERICA
-2.45% , PBG , PEPSI BOTTLING
-2.08% , CINF , CINCINNATI FIN
-1.30% , CAG , CONAGRA FOODS
-3.70% , QID , Short 200% QQQPS, QID
-1.55% , XL , XL CAPITAL STK A
-0.93% , USB , US BANCORP
-1.49% , BBT , BB&T
-0.95% , FHN , FIRST TENNESSEE
-0.58% , PDCO , Patterson Dental Company
-0.50% , CPWR , COMPUWARE
-0.16% , FDL , Dividend Leaders, FDL
-0.60% , PEP , PEPSICO
-0.25% , AGG , Bond, Aggregate, AGG
-0.87% , UNH , UNITEDHEALTH GRP
-1.67% , FDX , FEDEX
-1.56% , RF , REGIONS FINAN
-0.80% , BHI , BAKER HUGHES
-0.52% , LQD , Bond, Corp, LQD
-1.66% , HBAN , HUNTINGTON
-0.64% , GRMN , GARMIN LTD
-0.07% , XLP , Consumer Staples SPDR, XLP
-0.13% , AET , AETNA
-2.46% , ZION , ZIONS
-0.11% , OMX , OFFICEMAX INC., OMX
-0.06% , AVY , AVERY DENNISON
-0.45% , HAL , HALLIBURTON
-2.09% , SDS , Short 200% S&P 500 PS, SDS
-0.51% , AAPL , APPLE COMPUTER
-0.23% , IEF , Bond, 10 Year Treasury, IEF
-0.05% , EWH , Hong Kong Index, EWH
-0.07% , CL , COLGATE
-0.02% , NBR , NABORS

Sectors: among the 9 major U.S. sectors, 9 rose and 1 fell.
Major Sectors Ranked for the Day
% Price Change Sector

2.49% Consumer Discretionary SPDR, XLY
2.49% Materials SPDR, XLB
1.58% Health Care SPDR, XLV
1.56% Financial SPDR, XLF
1.23% Industrial SPDR, XLI
1.19% Energy SPDR, XLE
1.07% Technology SPDR, XLK
0.90% Utilities SPDR, XLU
-0.07% Consumer Staples SPDR, XLP

Primary Tide Trends for the 9 major sectors last for years. Here are my up-to-date Relative Strength Rankings, as measured with emphasis on these long-term Primary Tide Trends (listed in order of long-term relative strength):

Energy (XLE) Neutral, Market Weight. On 6/10/08, XLE/SPY Relative Strength Ratio rose to another new all-time high. On 5/20/08, both the XLE price close and the XLE/SPY Relative Strength Ratio rose to new all-time highs, again confirming a major uptrend. Energy underperformed since 5/21/08.

Materials (XLB) Neutral, Market Weight. On 6/9/08, XLB/SPY Relative Strength Ratio rose to another new all-time high. On 5/16/08, XLB price rose to another new all-time high. On 4/16/08, both the XLB price and the XLB/SPY Relative Strength Ratio rose to new all-time highs, confirming the major uptrend.

Utilities (XLU) Neutral, Market Weight. The XLU/SPY Relative Strength Ratio rose to a new 4-month high on 6/10/08. Since 10/17/02, the XLU/SPY Relative Strength Ratio has outperformed substantially. Since 5/15/08, the XLU/SPY Relative Strength Ratio has been rising again. So, Utilities have outperformed the S&P 500 both long term and short term.

Consumer Staples (XLP) Neutral, Market Weight. On 6/10/08, XLP /SPY Relative Strength Ratio rose to another new 8-week high. For nearly 8 years, since 9/27/00, the XLP/SPY Relative Strength Ratio has outperformed, so the long-term trend is up.

Technology (XLK) Neutral, Market Weight. On 6/6/08, the XLK/SPY Relative Strength Ratio rose to a new 5-month high, confirming an improving intermediate-term trend.

Industrial (XLI) Bearish, Underweight. On 6/6/08, both price and the XLI/SPY Relative Strength Ratio fell to their lowest levels in 7 weeks. Since 3/31/08, the XLI/SPY Relative Strength Ratio has underperformed.

Consumer Discretionary (XLY) Bearish, Underweight. Since 1/5/05, the XLY/SPY Relative Strength Ratio has underperformed substantially. On 1/11/08, the XLY/SPY Relative Strength Ratio fell to a new 6-year low, confirming a major downtrend.

Health Care (XLV) Bearish, Underweight. Since 10/9/02, the XLV/SPY Relative Strength Ratio has underperformed substantially. On 5/15/08, the XLV/SPY Relative Strength Ratio fell to another new 6-year low, again confirming the existing Primary Bearish trend.

Financial (XLF) Bearish, Underweight. On 6/10/08, the XLF/SPY Relative Strength Ratio fell to its lowest level in more than 7 years. Since 3/23/04, the XLF/SPY Relative Strength Ratio has underperformed substantially. On 3/17/08, both absolute price and the XLF/SPY Relative Strength Ratio fell to their lowest levels in nearly 5-years, again confirming a major Bearish trend.

Foreign stock index EFA Relative Strength Ratio broke down to another new 11-week low on 6/13/08, confirming a significant downside correction. Since 5/23/08, EFA has underperformed the U.S. stock market. Previously, EFA outperformed from 2/8/08 to 5/23/08 and, longer term, since the major bottom on 3/12/03. EFA is the ETF representing the EAFE, the international developed country stock markets, ex the U.S. and Canada.

NASDAQ Composite rose to a new 5-month closing price high on 6/5/08. It has been outperforming the S&P 500 since 3/3/08.

Growth Stock/Value StockRelative Strength Ratio rose to another new 3-year high on 6/13/08. Long term, the Growth/Value ratio (IWF/IWD) has been in an uptrend since 8/8/06.

The Small Cap/Large Cap Relative Strength Ratio rose to a new 9-month high on 6/6/08. The major trend appears to be turning to Small Caps.

Crude Oil July futures contract consolidated with an Inside Day (narrower daily trading range). Trends are still Bullish in all time frames, strictly speaking. U.S. OIL FUND ETF (AMEX: USO) is not a pure play on Crude Oil, although it generally moves in the same direction.

The Energy stock sector has underperformed Crude Oil since 12/10/07.

Gold August futures contract priceconsolidated losses with an Inside Day. On 6/12/08, gold broke down below previous 6-week lows to confirm an intermediate-term downtrend.

U.S. Treasury Bond Septemberfutures contractprice again fell below previous7-month lows. Trends in all time frames still appear vulnerable to further price decline.

The U.S. dollar rose above previous 4-month highs, turning short- and intermediate-term trends Bullish. The long-term Primary Tide trend is still Bearish.

The Art of Contrary Thinking: Traders need to be extremely nimble to keep up with rapid changes in the mass mood of late. The business and financial news has flipped from fear to hope and back again many times in recent months, creating an extremely choppy trading environment. Investors’ moods and stock volatility have jumped up and down abruptly with the latest “reports”. When mass psychology shifts so dramatically and unpredictably from hope to fear, without warning, risk control becomes more important than aggressive profit seeking. Stay flexible.

Sentiment/Contrary Opinion: There were 43.0% Bulls versus 32.6% Bears as of 6/11/08, according to the weeklyInvestors Intelligence survey of newsletter advisors. The Bull/Bear ratio fell to 1.32, down from 1.44 the previous week. The ratio’s 38-year range is 0.28 to 17.51, and the median is 1.47.

VIX “Fear Index” is now at 21.22. VIX fell from a peak of 32.64 on 3/17/08 to a low of 16.30 on 5/15/08, indicating decreasing Fear. The all-time high was 45.74 on 10/8/98. The all-time low was 9.89 on 1/24/07. 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” is now at 25.30. VXN fell from a peak of 35.63 on 1/22/08 to a low of 20.00 on 5/16/08, indicating decreasing Fear. The all-time high was 114.23 on 10/8/98. The all-time low was 12.61 on 7/29/05. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

CBOE Put/Call Ratio is 0.76, which indicates moderately Bearish sentiment. Its 4-year simple moving average and median are 0.62, and its 4-year range is 0.35 to 1.28.

ISEE Call/Put Ratio is 1.29, which indicates moderately Bearish sentiment. The ratio’s 4-year simple moving average is 1.50, 4-year median is 1.47, and 4-year range is 0.51 to 3.04.

Fundamentals: The 2003-2007 Bull Market was fed by abundant global liquidly, M&A, leveraged buyouts, corporate stock buybacks, and the net balance of positive earnings surprises. The unfolding fallout from the subprime credit market crisis has derailed that engine. Economic statistics and corporate earnings have weakened.

A Secondary Reaction was signaled on 4/18/28, when the Dow-Jones Industrials and Transports both closed at 3-month highs. But the Primary Tide Major Trend still may be Bearish. On 6/5/08, the Transportation Average closed above its previous all-time closing high, while the Industrial Average languished far below its all-time closing high of 14,164.50 set on 10/9/07. Such a non-confirmation and divergence means that the companies that produce the goods are not keeping pace with the companies that deliver the goods, the market is out of balance, and there is no Buy Signal because the Dow Theory requires both Averages to make new highs. The Dow Theory confirmed a Primary Bear Market on 11/21/07 when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed below their respective closing price lows of August, 2007.

To discover the next Resistance, traders probably will be watching how the market acts at the following levels for the Standard & Poor’s 500 cash index (1,360.03):

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

To discover the next Support, traders probably will be watching how the market acts at the following levels for the S&P 500 cash index (1,360.03):

Potential Support
1,324.35, low of 4/15/2008
1,256.98, low of 3/17/2008
1,224.54, low of 7/18/2006
1,219.29, low of 6/14/2006
1,214.45, low of 11/4/2005
1,201.07, low of 11/2/2005
1,168.20, low of 10/13/2005
1,163.23, high of 3/5/2004
1,159.86, low of 5/17/2005
1,153.64, low of 5/16/2005
1,146.18, low of 5/13/2005
1,139.14, low of 4/29/2005
1,136.37, low of 4/20/2005

Daily Rankings of Major ETFs, Ranked from Strongest to Weakest of the Day:

5.36% Internet B2B H, BHH
4.46% Capital Markets KWB ST, KCE
3.75% Ultra QQQ Double, QLD
3.69% Metals & Mining SPDR, XME
3.32% Semiconductor H, SMH
3.08% Ultra MidCap400 Double, MVV
3.05% Basic Materials DJ US, IYM
3.05% Growth Mid Cap Dynamic PS, PWJ
2.89% Internet Infrastructure H, IIH
2.86% WilderHill Clean Energy PS, PBW
2.80% Homebuilders SPDR, XHB
2.75% Semiconductors, PSI
2.71% Semiconductor SPDR, XSD
2.65% China LargeCap Growth G D H USX PS, PGJ
2.63% Ultra Dow30 Double, DDM
2.58% Semiconductor iS GS, IGW
2.51% Materials VIPERs, VAW
2.49% Consumer Discretionary SPDR, XLY
2.49% Materials SPDR, XLB
2.48% Ultra S&P500 Double, SSO
2.47% Consumer D. VIPERs, VCR
2.38% IPOs, First Tr IPOX-100, FPX
2.37% Retail H, RTH
2.25% Value SmallCap S&P 600, RZV
2.25% Nanotech Lux, PXN
2.24% South Africa Index, EZA
2.23% Retail, PMR
2.21% Broadband H, BDH
2.21% Taiwan Index, EWT
2.11% Value Line Timeliness MidCap Gr, PIV
2.09% Financial Services DJ, IYG
2.09% Real Estate US DJ, IYR
2.08% Realty Cohen & Steers, ICF
2.05% Building & Construction, PKB
2.03% Internet H, HHH
2.02% Technology DJ US, IYW
2.02% Biotechnology, IBB
2.01% Technology GS, IGM
2.00% Growth LargeCap NASDAQ 100, QQQQ
2.00% REIT Wilshire, RWR
1.99% SmallCap S&P 600, IJR
1.99% MidCap Growth iS M, JKH
1.98% Software H, SWH
1.96% Growth MidCap Russell, IWP
1.95% Software, IGV
1.92% Growth SmallCap R 2000, IWO
1.92% SmallCap Core iS M, JKJ
1.89% Dividend Growth PS, PHJ
1.89% Technology MS sT, MTK
1.88% Growth LargeCap NASDAQ Fidelity, ONEQ
1.88% Value SmallCap S&P 600 B, IJS
1.87% Growth S&P 500, RPG
1.87% Consumer Cyclical DJ, IYC
1.87% Water Resources, PHO
1.86% Growth Small Cap DJ, DSG
1.81% LargeCap Blend S&P=Weight R, RSP
1.81% SmallCap Russell 2000, IWM
1.79% Growth LargeCap iS M, JKE
1.78% Growth MidCap 400 B, IJK
1.78% MidCap Blend Core iS M, JKG
1.77% Growth SmallCap VIPERs, VBK
1.77% Financial DJ US, IYF
1.76% Growth BARRA Small Cap 600, IJT
1.76% Small Cap VIPERs, VB
1.76% Networking, IGN
1.76% Growth SmallCap iS M, JKK
1.75% Value Large Cap DJ, ELV
1.73% MidCap VIPERs, VO
1.73% Financials VIPERs, VFH
1.71% MidCap Russell, IWR
1.70% Microcap Russell, IWC
1.70% Asia 50 BLDRS, ADRA
1.69% Telecom Services VIPERs, VOX
1.65% Australia Index, EWA
1.62% Growth 1000 Russell, IWF
1.62% Info Tech VIPERs, VGT
1.60% REIT VIPERs, VNQ
1.60% Extended Mkt VIPERs, VXF
1.59% Growth VIPERs, VUG
1.58% Telecom DJ US, IYZ
1.58% Value 40 Large Low P/E FT DB, FDV
1.58% Health Care SPDR, XLV
1.57% Utilities H, UTH
1.56% Financial SPDR, XLF
1.53% Growth S&P 500/BARRA, IVW
1.53% MidCap S&P 400 iS, IJH
1.52% S&P 500 iS LargeCap Blend, IVV
1.51% Growth Large Cap, ELG
1.51% Aerospace & Defense, PPA
1.50% Growth LargeCap Russell 3000, IWZ
1.50% Wilshire 5000 ST TM, TMW
1.49% Growth MidCap S&P 400, RFG
1.49% Value SmallCap Dynamic PS, PWY
1.49% Biotech SPDR, XBI
1.49% Leisure & Entertainment, PEJ
1.48% Blend Total Market VIPERs, VTI
1.48% Lg Cap Growth PSD, PWB
1.47% LargeCap Blend Total Market DJ, IYY
1.46% SmallCap PS Zacks, PZJ
1.45% Value LargeCap Dynamic PS, PWV
1.45% Value S&P 500 B, IVE
1.44% LargeCap Blend Russell 3000, IWV
1.43% LargeCap Blend S&P 100, OEF
1.42% Biotech & Genome, PBE
1.41% Value LargeCap Fundamental RAFI 1000, PRF
1.41% Global Titans, DGT
1.41% Hardware & Electronics, PHW
1.40% Value SmallCap Russell 2000, IWN
1.40% Value MidCap Russell, IWS
1.39% Industrials VIPERs, VIS
1.38% Financials Global LargeCap Value, IXG
1.38% MidCap S&P 400 SPDRs, MDY
1.37% LargeCap Blend Socially Responsible iS, KLD
1.37% Value MidCap S&P 400 B, IJJ
1.36% OTC Dynamic PS, PWO
1.35% Telecommunications & Wireless, PTE
1.34% Developed 100 BLDRS, ADRD
1.34% Growth SmallCap Dynamic PS, PWT
1.34% Technology Global, IXN
1.33% Value SmallCap VIPERS, VBR
1.33% Micro Cap Zachs, PZI
1.33% LargeCap 1000 R, IWB
1.30% Oil & Gas, PXJ
1.29% Health Care VIPERs, VHT
1.27% Value LargeCap Russell 3000, IWW
1.26% S&P 500 SPDRs LargeCap Blend, SPY
1.24% Global 100, IOO
1.24% Spain Index, EWP
1.24% Value 1000 Russell, IWD
1.24% LargeCap Blend S&P 1500 iS, ISI
1.24% Value LargeCap NYSE 100 iS, NY
1.23% Industrial SPDR, XLI
1.23% Telecom H, TTH
1.22% LargeCap VIPERs, VV
1.21% Dividend International, PID
1.21% DIAMONDS (DJIA), DIA
1.19% Energy SPDR, XLE
1.17% Transportation Av DJ, IYT
1.17% LargeCap Rydex Rus Top 50, XLG
1.16% Internet Architecture H, IAH
1.16% Healthcare DJ, IYH
1.15% Germany Index, EWG
1.14% Industrial LargeCap Blend DJ US, IYJ
1.12% Biotech H, BBH
1.11% Value VIPERs, VTV
1.11% Dividend Achievers PS, PFM
1.11% Healthcare Global, IXJ
1.09% LargeCap Blend Dynamic PS, PWC
1.09% Value MidCap iS M, JKI
1.08% Utilities VIPERs, VPU
1.08% Emerging Markets, EEM
1.07% Technology SPDR, XLK
1.07% Utilities DJ, IDU
1.07% Utilities, PUI
1.06% LargeCap Blend NYSE Composite iS, NYC
1.06% Pharmaceutical H, PPH
1.05% Energy VIPERs, VDE
1.03% LargeCap Blend Core iS M, JKD
1.03% Pharmaceuticals, PJP
1.01% Japan Index, EWJ
1.00% Euro STOXX 50, FEZ
0.96% Value LargeCap Euro STOXX 50 DJ, FEU
0.93% Telecommunications Global, IXP
0.93% United Kingdom Index, EWU
0.92% EAFE Index, EFA
0.91% Emerging 50 BLDRS, ADRE
0.90% Utilities SPDR, XLU
0.90% Dividend Appreciation Vipers, VIG
0.89% Pacific VIPERs, VPL
0.87% Japan LargeCap Blend TOPIX 150, ITF
0.85% European VIPERs, VGK
0.83% Value MidCap Dynamic PS, PWP
0.82% Energy DJ, IYE
0.81% Value LargeCap iS M, JKF
0.80% Oil Services H, OIH
0.80% Natural Resource iS GS, IGE
0.79% Europe 350 S&P Index, IEV
0.77% Software, PSJ
0.76% Pacific ex-Japan, EPP
0.75% Value MidCap S&P 400, RFV
0.74% Canada Index, EWC
0.66% Insurance, PIC
0.66% Growth EAFE MSCI, EFG
0.65% Value SmallCap iS M, JKL
0.62% Value EAFE MSCI, EFV
0.61% Networking, PXQ
0.60% Energy Global, IXC
0.60% Energy Exploration & Prod, PXE
0.58% Value Small Cap DJ, DSV
0.57% Mexico Index, EWW
0.55% Austria Index, EWO
0.53% Europe 100 BLDRS, ADRU
0.53% EMU Europe Index, EZU
0.50% Latin Am 40, ILF
0.48% Sweden Index, EWD
0.47% France Index, EWQ
0.44% South Korea Index, EWY
0.41% Dividend DJ Select, DVY
0.38% Value S&P 500, RPV
0.38% Food & Beverage, PBJ
0.34% Bank Regional H, RKH
0.28% Italy Index, EWI
0.27% Gold Shares S.T., GLD
0.24% Switzerland Index, EWL
0.19% Consumer Non-Cyclical, IYK
0.18% Belgium Index, EWK
0.16% Dividend SPDR, SDY
0.11% Bond, 1-3 Year Treasury, SHY
0.04% Emerging VIPERs, VWO
0.00% Singapore Index, EWS
-0.01% Bond, TIPS, TIP
-0.01% Brazil Index, EWZ
-0.04% Netherlands Index, EWN
-0.05% Hong Kong Index, EWH
-0.07% Consumer Staples SPDR, XLP
-0.12% Silver Trust iS, SLV
-0.16% Dividend Leaders, FDL
-0.18% Malaysia Index, EWM
-0.21% China 25 iS, FXI
-0.21% Bond, 20+ Years Treasury, TLT
-0.23% Consumer Staples VIPERs, VDC
-0.23% Bond, 10 Year Treasury, IEF
-0.25% Bond, Aggregate, AGG
-0.52% Bond, Corp, LQD
-0.64% Commodity Tracking, DBC
-0.93% Dividend High Yield Equity PS, PEY
-1.05% Short 100% Dow 30, DOG
-1.58% Short 100% S&P 500, SH
-1.60% Short 100% MidCap 400, MYY
-1.72% Short 100% QQQ, PSQ
-1.86% Oil, Crude, U.S. Oil Fund, USO
-2.09% Short 200% S&P 500 PS, SDS
-2.19% Short 200% Dow 30 PS, DXD
-3.32% Short 200% MidCap 400 PS, MZZ
-3.70% Short 200% QQQ PS, QID