“Dr. Copper”, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) fell below its lows of the past 2.5 months on 4/10/12, and the chart looks bearish. Given that “Dr. Copper” is one of the better indicators of investor confidence (or lack thereof) in the global industrial economy, this weakness may be suggesting rising doubts about prospects going forward.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) rose above its highs of the previous 22 months, reconfirming its preexisting bullish trend. Large Caps tend to outperform in bearish general market trends as investors seek the perceived relative safety of large size.

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell further below its lows of the previous 4 months.

The S&P 500 Composite (SPX: 1,358.59) price fell below its 50-day SMA and fell below the lows of the previous 4 weeks, reconfirming its downtrend. NYSE volume rose 48% to confirm the bearish trend.

The S&P 500 chart broke down below the rising lower boundary line of a Bearish Rising Wedge, thereby giving a clear bearish chart signal. This breakdown suggests that stocks could quickly erase all gains since the 10/4/11 low of 1,074.77 on the S&P 500.

A variety of technical indicators have been demonstrating waning bullish momentum for stocks. A downside correction or shakeout has seemed overdue, according to past norms.

The NYSE Cumulative Daily Advance-Decline Line fell further below its 50-day SMA. In recent weeks, this A-D Line demonstrated significant bearish divergences and early warnings: it peaked on 3/13/12 and made lower highs on 3/26/12 and 4/2/12.

RSI(14) based on SPX fell below 37 to its lowest level in 4 months. RSI gave previous early warnings by showing bearish divergences–a series of lower highs since peaking at 75.38 on 2/9/12.

MACD based on SPX fell below the zero line, fell below its lows of the previous 3 months, fell further below its signal line, and fell further below its high set on 2/9/12, which appears to have been the momentum peak for the rally.

On-Balance Volume based on SPX fell below the lows of the previous 4 weeks after a previous bearish divergence: it peaked on 3/19/12, made a lower high on 3/26/12, and fell below its 3 previous lows for the first time this year on 4/5/12.

NYSE New Highs Minus New Lows were more bearish, with the greatest number of Net New Lows since mid December. Net New Highs-Lows made a series of lower highs over the past 2 months.

Following unusually large price run ups, such as Q1 2012, stocks become more vulnerable to sudden reversals. Potential Reward relative to potential Risk remains unattractive for stocks at this time.
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Equity Mutual Funds lost 6% in 2011, according to Lipper Research Services.
Hedge funds lost 5%, according to COO Connect.
Hedge funds suffered their second-worst year on record in 2011, according to an index maintained by Eurekahedge, an independent research firm that specializes in hedge fund data. Some of the world’s largest and best-known hedge funds suffered huge losses, down 20% to 50%.

But not all money managers were down in 2011; see:
Robert W. Colby Asset Management, Inc. (click here).
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9 major U.S. stock sectors ranked in order of long-term relative strength:
Available by subscription only (click here).
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Stock Market Indicators

The Dow Theory signaled a downside Secondary Reaction on 4/9/12, as both Industrials and Transports fell below their lows of the previous 3 weeks, and both fell below their 50-day SMAs. The Averages gave an early warning by diverging after 2/3/12, as the Transports turned corrective and failed to confirm higher highs by the Industrials.

NASDAQ Composite/S&P 500 Relative Strength Ratio has been consolidating gains since peaking on 3/28/12. Longer term, this RS Ratio remains above its 50-day and 200-day SMAs, and the 50-day SMA has remained bullishly above the 200-day SMA every day since 2/24/12. Absolute price fell below the lows of the previous 4 weeks on 4/10/12.

iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below its lows of the previous 2 months on 3/29/12, reconfirming its bearish trend. Systematically, BKF/SPY remains bearish below its 50-day SMA, below its 200-day SMA, and with the 50-day SMA below the 200-day SMA every day since 1/13/11.

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below its lows of the previous 2 months on 3/28/12, reconfirming its bearish trend. EEM/SPY remains below its 50-day and 200-day SMAs. Longer term, the 50-day SMA has remained below the 200-day SMA every day since 2/3/11.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) reconfirmed a bearish major trend when it fell below its lows of the previous 8 years on 4/5/12. Systematically, EFA/SPY remains bearish below its 50-day and 200-day SMAs, and the 50-day SMA has remained below the 200-day SMA consistently every day since 1/14/11.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) rose above its highs of the previous 22 months on 4/10/12, reconfirming its preexisting bullish trend. OEX/SPX remains above its 50-day and 200-day SMAs, and the 50-day SMA has remained bullishly above the 200-day SMA every day since 8/25/11. Large Caps tend to outperform in bearish general market trends as investors seek the perceived relative safety of large size. On the other side of the coin, Large Caps tend to underperform Mid Caps and Small Caps in bullish general market trends as investors prefer riskier and more volatile stocks.

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) has been relatively weak for a year, since 4/5/11. IWM/SPY fell further below its lows of the previous 4 months on 4/10/12, reconfirming renewed downside momentum for the medium term. Systematically, IWM/SPY remains technically neutral, below both its 50-day and 200-day SMAs, but with the 50-day SMA still slightly above the 200-day SMA.

The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) has been relatively weak since 4/5/11. MDY/SPY fell below its lows of the previous 3 months on 4/10/12, reconfirming downside momentum for the medium term. Systematically, MDY/SPY remains technically neutral, below both its 50-day and 200-day SMAs, but with the 50-day SMA slightly above the 200-day SMA.
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The S&P 500 Composite 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
1422.38, high of 4/2/2012
1391.56, low of 3/29/2012
1386.87, low of 3/23/2012
1381.50, Fibonacci 78.6% of 2007-2009 range
1378.04, high of 2/29/2012
1376.55, Fibonacci 100.0% projection 10/11 range
1371.33, 50-day SMA
1370.58, high of 5/2/11

The S&P 500 Composite Potential Support
1340.03, low of 3/6/2012
1337.35, low of 2/10/2012
1300.49, low of 1/30/2012
1277.58, low of 1/13/2012
1265.26, low of 1/5/2012
1262.30, low of 12/27/2011
1270.51, 200-day SMA
1257.46, low of 12/30/11
1257.58, Fibonacci 61.8% of 2011 range
1255.22, high of 12/22/2011
1248.64, low of 12/29/2011
1244.80, low of 12/7/2011
1239.73, low of 12/1/2011
1238.81, Fibonacci 78.6% of 1,576.09 high
1234.81, low of 11/3/11
1231.04, high of 12/16/11
1226.64, low of 11/9/2011
1222.68, Fibonacci 50% of 2011 range
1224.57, high of 12/19/11
1215.20, low of 12/16/11
1209.47, low of 12/14/2011
1209.43, low of 11/17/2011
1204.49, Fibonacci 23.6% of 2009-11 range
1202.37, low of 12/19/11
1187.77, Fibonacci 38.2% of 2011 range
1158.66, low of 11/25/2011
1144.38, Fibonacci 23.6% of 2011 range
1101.73, Fibonacci 38.2% of 2009-11 range
1074.77, low of 10/4/2011
1039.70, low of 8/27/10
1039.31, Fibonacci 23.6% of June-Aug. 2010 range
1010.91, low of 7/1/2010
1018.69, Fibonacci 50% of 2009-11 range
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
935.64, Fibonacci 61.8% of 2009-11 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
817.40, Fibonacci 78.6% of 2009-11 range
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
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Fixed-Income Investments

Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) rose above its 50-day SMA on 4/9/12. TLT remains systematically bullish: above its 50-day SMA, above its 200-day SMA, and with the 50-day SMA above the 200-day SMA every day since 6/24/11. Support 109.69, 106.08, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance 117.29, 119.14, 120.91, 121.64, 121.76, 124.02 and 125.03.

Bond, iShares Barclays 7-10 Year U.S. Treasury ETF (IEF) rose above its 50-day SMA on 4/9/12. IEF remains systematically bullish: above its 50-day SMA, above its 200-day SMA, and with the 50-day SMA above the 200-day SMA every day since 6/21/11. Support 101.77, 101.36, 101.11, 99.79, and 97.66. Resistance 105.20, 105.80, 106.49 and 106.66.

Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) fell below its lows of the previous 4 months on 4/10/12, reconfirming a bearish trend. JNK/LQD remains systematically bearish: below its 50-day SMA, below its 200-day SMA, and with the 50-day SMA below the 200-day SMA every day since 6/20/11.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) fell below its 50-day SMA and fell below its lows of the previous 4 weeks on 4/9/12, confirming a downside correction. Systematically, TIP/IEF is neutral: below its 50-day SMA, above its 200-day SMA (although just slightly above now), and with the 50-day SMA above the 200-day SMA every day since 6/21/11.
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Tangible Assets, Commodities

U.S. dollar ETF (UUP) rose above its highs of the previous 14 trading days on 4/5/12. Systematically, UUP is bullish: above its 50-day SMA, above its 200-day SMA, and the 50-day SMA has stayed above the 200-day SMA every day since 6/21/11. Support 21.85, 21.74, 21.58, 21.07, and 20.84. Resistance 22.23, 22.47, 22.85, 23.52, 25.84, 27.19, 28.97.

CRB Commodity Price Index fell further below its lows of the previous 3 months on 4/10/12. Systematically, CRB remains bearish: below its 50-day SMA, below its 200-day SMA, and with the 50-day SMA below the 200-day SMA every day since 8/18/11.

Agriculture, PowerShares DB Agriculture Fund ETF (DBA) fell below the lows of the previous 17 months on 4/10/12, for another a bearish trend confirmation. Systematically, DBA remains bearish, below both its 50-day SMA and 200-day SMAs, and with the 50-day SMA consistently below the 200-day SMA every day since 8/8/11.

Crude Oil, United States Oil ETF (USO) fell further below its lows of the previous 7 weeks on 4/10/12. USO whipsawed back below its 50-day SMA on 4/3/12, turning systematically neutral. USO remains above its 200-day SMA, and the 50-day SMA has remained above the 200-day SMA consistently every day since 1/3/12. Support 38.31, 36.67, 35.73, 34.54, 32.52, 29.10, 26.28, and 22.74. Resistance 41.38, 42.30, and 45.60.

Gold, SPDR Gold Shares ETF (GLD) broke down below its lows of the previous 12 weeks on 4/4/12. Systematically, GLD remains neutral: below its 50-day and 200-day SMAs, but with the 50-day SMA above the 200-day SMA every day since 2/11/09. Support: 156.58, 156.19, 154.55, 148.27, 147.19, 143.97, 143.42, and 142.55. Resistance: 164.89, 166.57, 174.00, 175.46, 177.40, and 185.85.

Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio (GDX/GLD) fell below the lows of the previous 3 years on 4/5/12, thereby reconfirming a bearish major trend for the long term. Systematically, GDX/GLD remains bearish: below its 50-day and 200-day SMAs, and the 50-day SMA has remained bearishly below the 200-day SMA every day since 2/22/11.

Silver, iShares Silver Trust ETF (SLV) broke down below its lows of the previous 11 weeks on 4/4/12, suggesting renewed downside momentum for the medium term. Systematically, SLV remains bearish: below its 50-day and 200-day SMAs, and with the 50-day SMA below the 200-day SMA every day since 10/27/11. Support 30.11, 28.63, 27.83, 25.65, and 24.44. Resistance: 32.34, 33.44, 36.44, 40.23, 41.49, 42.30, 42.78, 44.71 and 48.35.

Silver/Gold ETFs Ratio (SLV/GLD) turned bearish on 4/4/12 when it fell below its 50-day SMA . SLV/GLD remains below its 50-day SMA, below its 200-day SMA, and the 50-day SMA has remained bearishly below the 200-day SMA every day since 8/30/11.

Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) fell below its lows of the past 2.5 months on 4/10/12, and the chart looks bearish. Systematically, however, JJC remains neutral: below its 50-day and 200-day SMAs, but with the 50-day SMA above the 200-day SMA every day since 3/21/12. JJC remains far below its 2011 high at 61.69 and has underperformed the stock market since JJC peaked at 51.41 on 2/9/12. Given that “Dr. Copper” is one of the better indicators of investor confidence (or lack thereof) in the global industrial economy, this weakness may be suggesting rising doubts about prospects going forward.
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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
15.23% , SVU , SUPERVALU
4.68% , MZZ , Short 200% MidCap 400 PS, MZZ
1.68% , SH , Short 100% S&P 500, SH
3.24% , QID , Short 200% QQQ PS, QID
1.68% , DOG , Short 100% Dow 30, DOG
3.30% , DXD , Short 200% Dow 30 PS, DXD
3.40% , SDS , Short 200% S&P 500 PS, SDS
1.59% , PSQ , Short 100% QQQ, PSQ
1.32% , SWY , SAFEWAY
2.02% , NEM , NEWMONT MINING
1.11% , IAU , Gold COMEX iS, IAU
1.09% , GLD , Gold Shares S.T., GLD
0.71% , NIHD , NII Holdings, Inc.
0.65% , SLV , Silver Trust iS, SLV
0.56% , HPQ , HEWLETT PACKARD
0.61% , KWT , Solar Energy MV, KWT
0.19% , DELL , DELL
0.37% , HSY , HERSHEY FOODS
0.47% , IEF , Bond, 10 Year Treasury, IEF
0.38% , LXK , LEXMARK INTL STK A
0.12% , GR , GOODRICH CORP
0.08% , K , KELLOGG
0.71% , TLH , Bond 10-20 Year US Treas, TLH
0.21% , MUB , Bond Muni ATM-Free S&P iS, MUB
0.05% , SIL , Silver Miners Global X, SIL
0.04% , TNB , THOMAS & BETTS
0.01% , AGG , Bond, Aggregate, AGG
0.01% , SHV , Bond Treasury Short-Term iS, SHV
0.05% , SHY , Bond, 1-3 Year Treasury, SHY
1.13% , TLT , Bond, 20+ Years Treasury, TLT
0.01% , CLX , CLOROX
0.14% , GVI , Bond Interm U.S. Gov, GVI

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-2.00% , EWO , Austria Index, EWO
-2.43% , IWC , Microcap Russell, IWC
-1.62% , OEF , LargeCap Blend S&P 100, OEF
-3.22% , EWQ , France Index, EWQ
-8.61% , DYN , DYNEGY
-5.87% , BBY , BEST BUY
-2.43% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-2.27% , IWP , Growth MidCap Russell, IWP
-2.29% , PMR , Retail, PMR
-7.72% , LPX , LOUISIANA PAC
-1.79% , EWK , Belgium Index, EWK
-2.32% , JKJ , SmallCap Core iS M, JKJ
-2.48% , EWU , United Kingdom Index, EWU
-2.07% , EFG , Growth EAFE MSCI, EFG
-5.10% , PLD , PROLOGIS TRUST
-5.42% , LVLT.K , LEVEL 3 COMMUNICATIONS
-3.93% , XBI , Biotech SPDR, XBI
-3.52% , TUR , Turkey MSCI iS, TUR
-1.73% , IWF , Growth 1000 Russell, IWF
-4.49% , VLO , VALERO ENERGY
-2.31% , IDX , Indonesia MV, IDX
-2.83% , RZV , Value SmallCap S&P 600, RZV
-1.84% , RSP , LargeCap Blend S&P=Weight R, RSP
-4.23% , XHB , Homebuilders SPDR, XHB
-6.82% , FII , FED INVESTORS STK B
-5.20% , FAST , Fastenal Company
-1.54% , IVW , Growth S&P 500/BARRA, IVW
-1.66% , IGN , Networking, IGN
-2.17% , PPL , PPL
-1.79% , IWW , Value LargeCap Russell 3000, IWW
-4.52% , SIRI , Sirius Satellite
-2.40% , PEJ , Leisure & Entertainment, PEJ
-2.46% , RFG , Growth MidCap S&P 400, RFG
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
1.68% Bear, Short S&P 500, SH
1.13% Bond, 20+ Years Treasury, TLT
1.09% Gold Shares S.T., GLD
0.65% Silver Trust iS, SLV
0.58% Bond, TIPS, TIP
0.47% Bond, 10 Year Treasury, IEF
0.21% Bond Muni ATM-Free S&P iS, MUB
0.19% Bond Ex-US Treas, BWX
0.05% Bond, 1-3 Year Treasury, SHY
0.01% Bond, Aggregate, AGG
0.01% Bond Treasury Short-Term iS, SHV
-0.06% Bond, Corp, LQD
-0.36% Bond, High-Yield Junk, JNK
-0.43% Bond EmrgMkt JPM iS, EMB
-0.49% Bond, High-Yield Corporate, HYG
-0.56% Frontier Markets Guggenheim , FRN
-0.59% Preferred Stock iS, PFF
-0.72% Singapore Index, EWS
-0.73% Financial Preferred, PGF
-0.89% Consumer Staples SPDR, XLP
-1.13% Health Care SPDR, XLV
-1.16% Metals & Mining SPDR, XME
-1.18% Japan Index, EWJ
-1.18% Oil, Crude, U.S. Oil Fund, USO
-1.25% Oil Fund PowerShares, DBO
-1.28% Pacific VIPERs, VPL
-1.28% Taiwan Index, EWT
-1.30% Utilities SPDR, XLU
-1.32% Utilities VIPERs, VPU
-1.33% Agriculture DB PS, DBA
-1.33% Commodity Tracking, DBC
-1.35% Semiconductor SPDR, XSD
-1.37% WilderHill Clean Energy PS, PBW
-1.38% Pacific ex-Japan, EPP
-1.40% Australia Index, EWA
-1.42% Technology SPDR, XLK
-1.47% Technology DJ US, IYW
-1.47% Value LargeCap Dynamic PS, PWV
-1.51% Info Tech VIPERs, VGT
-1.51% Malaysia Index, EWM
-1.54% South Africa Index, EZA
-1.54% Growth S&P 500/BARRA, IVW
-1.57% Canada Index, EWC
-1.61% QQQ Nasdaq 100 Trust, QQQ
-1.61% Dividend DJ Select, DVY
-1.61% Dividend High Yield Equity PS, PEY
-1.62% LargeCap Blend S&P 100, OEF
-1.63% India PS, PIN
-1.63% DIAMONDS (DJIA), DIA
-1.65% China 25 iS, FXI
-1.65% S&P 500 iS LargeCap Blend, IVV
-1.66% Networking, IGN
-1.68% S&P 500 SPDRs LargeCap Blend, SPY
-1.68% Energy & Nat Res iS GS, IGE
-1.70% Chile MSCI iS, ECH
-1.72% LargeCap VIPERs, VV
-1.72% Dividend SPDR, SDY
-1.73% Hong Kong Index, EWH
-1.73% Growth 1000 Russell, IWF
-1.74% Dividend Appreciation Vipers, VIG
-1.75% Growth VIPERs, VUG
-1.77% Value 1000 Russell, IWD
-1.77% Global 100, IOO
-1.77% India Earnings WTree, EPI
-1.78% China LargeCap Growth G D H USX PS, PGJ
-1.79% Belgium Index, EWK
-1.79% Value VIPERs, VTV
-1.80% LargeCap Blend Russell 3000, IWV
-1.81% LargeCap 1000 R, IWB
-1.82% Emerging 50 BLDRS, ADRE
-1.83% Latin Am 40, ILF
-1.83% Small Cap EAFE MSCI iS, SCZ
-1.84% LargeCap Blend S&P=Weight R, RSP
-1.84% Value S&P 500 B, IVE
-1.85% Dividend International, PID
-1.88% Blend Total Market VIPERs, VTI
-1.89% Semiconductor iS IGW, SOXX
-1.90% Switzerland Index, EWL
-1.94% Emerging Markets, EEM
-1.94% Basic Materials DJ US, IYM
-1.94% Real Estate US DJ, IYR
-1.94% Water Resources, PHO
-1.95% Brazil Index, EWZ
-1.95% Emerging VIPERs, VWO
-1.96% Value EAFE MSCI, EFV
-1.96% Energy SPDR, XLE
-1.97% Telecom DJ US, IYZ
-1.98% Transportation Av DJ, IYT
-1.99% Energy DJ, IYE
-2.00% Austria Index, EWO
-2.00% Germany Index, EWG
-2.02% Value MidCap Russell, IWS
-2.03% Industrial SPDR, XLI
-2.06% Materials SPDR, XLB
-2.07% Growth EAFE MSCI, EFG
-2.07% Global ex US ACWI iS, ACWX
-2.11% Energy VIPERs, VDE
-2.11% Realty Cohen & Steers, ICF
-2.12% MidCap Russell, IWR
-2.14% REIT Wilshire, RWR
-2.14% EAFE Index, EFA
-2.14% Financial DJ US, IYF
-2.15% REIT VIPERs, VNQ
-2.15% Financials VIPERs, VFH
-2.16% Financial SPDR, XLF
-2.25% Growth BARRA Small Cap 600, IJT
-2.25% Value SmallCap VIPERS, VBR
-2.27% Growth MidCap Russell, IWP
-2.29% Value SmallCap Russell 2000, IWN
-2.31% Indonesia MV, IDX
-2.33% Value MidCap S&P 400 B, IJJ
-2.33% MidCap S&P 400 iS, IJH
-2.34% Russia MV, RSX
-2.35% MidCap S&P 400 SPDRs, MDY
-2.36% SmallCap Russell 2000, IWM
-2.37% Small Cap VIPERs, VB
-2.37% SmallCap S&P 600, IJR
-2.37% Growth MidCap 400 B, IJK
-2.40% Financial Services DJ, IYG
-2.43% Microcap Russell, IWC
-2.43% Value SmallCap S&P 600 B, IJS
-2.44% Consumer Discretionary SPDR, XLY
-2.48% Spain Index, EWP
-2.48% United Kingdom Index, EWU
-2.50% South Korea Index, EWY
-2.52% Europe 350 S&P Index, IEV
-2.54% Growth SmallCap VIPERs, VBK
-2.55% Mexico Index, EWW
-2.60% EMU Europe Index, EZU
-2.61% Thailand MSCI iS, THD
-2.61% Growth SmallCap R 2000, IWO
-2.62% Energy Global, IXC
-2.64% European VIPERs, VGK
-2.68% Capital Markets KWB ST, KCE
-3.17% Netherlands Index, EWN
-3.22% France Index, EWQ
-3.40% Sweden Index, EWD
-3.52% Turkey MSCI iS, TUR
-3.92% Italy Index, EWI
-3.93% Biotech SPDR, XBI
-4.23% Homebuilders SPDR, XHB