Energy stock sector ETF Relative Strength Ratio (XLE/SPY) rose further above 15-month highs, reconfirming its preexisting bullish major trend.
Consumer Discretionary stock sector ETF Relative Strength Ratio (XLY/SPY) fell below the lows of the previous 4 months, confirming an intermediate-term correction.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell further below 7-month lows.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) turned bearish from neutral, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.
The U.S. dollar nearest futures contract price bounced above the highs of the previous 2 trading days and penetrated above a 12-day downtrend line on 1/28/11. Intermediate term, U$D broke down below the lows of the previous 11 weeks on 1/27/11, confirming a downtrend.
VIX Fear Index rose above 8-week highs to 20.08 on 1/28/11, up from 15.37 on 1/14/11, perhaps reflecting moderately increasing concern about a downside correction among options players. The current level of VIX appears relatively insignificant.
S&P 500 Composite (SPX, 1,276.34) fell below the lows of the previous 5 trading days, suggesting a minor short-term shakeout.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
9.15% , BHH , Internet B2B H, BHH
1.80% , MYY , Short 100% MidCap 400, MYY
4.56% , USO , Oil, Crude, U.S. Oil Fund, USO
2.55% , PSQ , Short 100% QQQ, PSQ
2.58% , VRSN , VeriSign Inc
2.75% , DXD , Short 200% Dow 30 PS, DXD
5.04% , QID , Short 200% QQQ PS, QID
1.26% , DOG , Short 100% Dow 30, DOG
2.85% , HES , AMERADA HESS
3.51% , SDS , Short 200% S&P 500 PS, SDS
4.49% , DOV , DOVER
1.80% , SH , Short 100% S&P 500, SH
1.72% , IAU , Gold COMEX iS, IAU
3.76% , MZZ , Short 200% MidCap 400 PS, MZZ
0.58% , TLH , Bond 10-20 Year US Treas, TLH
2.16% , SUN , SUNOCO
1.69% , COP , CONOCOPHILLIPS
1.06% , GCI , GANNETT
0.83% , DYN , DYNEGY
3.84% , SLV , Silver Trust iS, SLV
0.46% , IEF , Bond, 10 Year Treasury, IEF
0.93% , BHI , BAKER HUGHES
1.74% , PTEN , Patterson-UTI Energy Inc
0.16% , MDT , MEDTRONIC
0.52% , TLT , Bond, 20+ Years Treasury, TLT
0.14% , AGG , Bond, Aggregate, AGG
0.13% , LQD , Bond, Corp, LQD
0.26% , OIH , Oil Services H, OIH
0.20% , MUB , Bond Muni ATM-Free S&P iS, MUB
1.47% , DVN , DEVON ENERGY
0.01% , SHV , Bond Treasury Short-Term iS, SHV
0.04% , DD , DU PONT
0.38% , TIP , Bond, TIPS, TIP
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-13.41% , F , FORD MOTOR
-12.79% , PMCS , PMC SIERRA
-2.90% , EIS , Israel MSCI iS, EIS
-2.39% , ADRU , Europe 100 BLDRS, ADRU
-9.42% , CPWR , COMPUWARE
-3.26% , XBI , Biotech SPDR, XBI
-8.81% , SNDK , SanDisk Corporation
-1.65% , PGR , PROGRESSIVE OHIO
-2.59% , PWO , OTC Dynamic PS, PWO
-2.19% , PWP , Value MidCap Dynamic PS, PWP
-1.70% , FPX , IPOs, First Tr IPOX-100, FPX
-2.45% , JKJ , SmallCap Core iS M, JKJ
-2.34% , SWH , Software H, SWH
-2.82% , IYT , Transportation Av DJ, IYT
-2.06% , IXG , Financials Global LargeCap Value, IXG
-2.83% , PSTL , Steel Global PS ETF, PSTL
-7.02% , TUR , Turkey MSCI iS, TUR
-1.85% , IYH , Healthcare DJ, IYH
-5.31% , EXPD , Expeditors International WA
-1.88% , IYZ , Telecom DJ US, IYZ
-4.84% , CBS , CBS CORP.
-2.54% , ONEQ , Growth LargeCap NASDAQ Fidelity, ONEQ
-4.71% , HOT , STARWOOD HOTELS
-1.71% , EPP , Pacific ex-Japan, EPP
-3.06% , EWW , Mexico Index, EWW
-2.10% , KCE , Capital Markets KWB ST, KCE
-2.67% , TUP , TUPPERWARE
-4.69% , EZA , South Africa Index, EZA
-4.11% , FDX , FEDEX
-2.46% , EWN , Netherlands Index, EWN
-3.51% , SSO , Ultra S&P500 Double, SSO
-4.65% , HRB , H&R BLOCK
-3.02% , EWY , South Korea Index, EWY
9 major U.S. stock sectors ranked in order of long-term relative strength:
Energy (XLE) Bullish, Over Weight. The Relative Strength Ratio (XLE/SPY) rose further above 15-month highs on 1/28/11, reconfirming its preexisting bullish major trend. Absolute price of XLE rose above 2-year highs on 1/26/11, reconfirming its preexisting bullish major trend. Support 68.73, 67.49, 65.25, 65.03, 60.96, 60.21, 57.70, 55.68, 53.22, 50.33, 48.56, 46.16, and 43.66. Resistance 78.10, 83.27, and 91.42.
Industrial (XLI) Bullish, Over Weight. The Relative Strength Ratio (XLI/SPY) rose above 2-year highs on 1/27/11 and remains bullish. Absolute closed above 2-year closing price highs on 1/27/11 and remains bullish. Support 35.38, 35.03, 31.82, 31.58, 30.79, 30.51, 30.32, 29.77, and 27.67. Resistance 39.02 and 39.97.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) fell below its 50-day SMA on 1/19/11 thereby turning neutral. Absolute price rose above 2-year highs on 1/12/11 and remains bullish. Support 37.24, 36.99, 36.54, 34.20, 33.70, 32.36, 29.88, 29.43, and 27.67. Resistance 40.15 and 41.06.
Technology (XLK) Bullish, Over Weight. The Relative Strength Ratio (XLK/SPY) crossed above its 50-day SMA on 1/25/11, thereby turning bullish again. This RS ratio rose above 8-year highs on 11/3/10, which was a bullish confirmation of the primary uptrend. Absolute price of XLK closed above 3-year closing price highs on 1/27/11 and remains bullish. Support 25.65, 25.53, 23.87, 23.74, 23.64, 23.56, 22.68, 22.53, 21.60, 20.01, and 19.51. Resistance 27.43, 27.63, and 28.60.
Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) fell below the lows of the previous 4 months on 1/28/11, confirming an intermediate-term correction. The ratio crossed below its 50-day SMA on 12/27/10, thereby turning neutral. Absolute price crossed below its 50-day SMA on 1/28/11, thereby turning neutral for the short term. Price rose above 3-year highs on 1/27/11, which was a bullish for the longer term trend. Support 36.61, 36.13, 35.32, 35.02, 34.78, 33.94, 33.11, 32.66, 31.70, 29.80, 28.64, 28.21, and 26.62. Resistance 38.41, 39.09, 40.13, and 40.70.
Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) rose above its 50-day SMA on 12/8/10, thereby turning neutral. Absolute price of XLF rose above 9-month highs on 1/14/11 and remains bullish. Support 16.19, 16.03, 15.39, 15.08, 14.36, 14.25, 14.20, 13.29, and 13.08. Resistance 16.90, 17.12, 17.16, and 17.87.
Consumer Staples (XLP) Bearish, Under Weight. The Relative Strength Ratio (XLP/SPY) fell below 2-year lows on 1/27/11 and remains bearish. Absolute price crossed below its 50-day SMA on 1/28/11, thereby turning neutral for the short term. Support 28.22, 28.04, 27.76, 27.63, 27.46, 26.34, 25.30, and 24.95. Resistance 29.72 and 30.29.
Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) fell below 2-year lows on 1/26/11 and remains bearish, as it has been most of the time since peaking on 2/23/09. Absolute price rose above 9-month highs on 1/12/11 and remains bullish. Support 31.43, 30.14, 30.11, 29.87, 28.00, 27.49. Resistance 32.36, 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-year lows on 1/14/11 and remains bearish. Absolute price of XLU rose above its 50-day SMA on 1/3/11 and is technically bullish. Support 31.23, 30.51, 29.66, 27.91, 27.44, and 25.76. Resistance 32.21 and 32.40.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell further below 7-month lows on 1/28/11. The relationship of the ratio itself, its 50-day SMA, and its 200-day SMA is still neutral—but it is heading toward a bearish signal in days ahead.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) turned bearish from neutral on 1/28/11, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.
NASDAQ Composite/S&P 500 Relative Strength Ratio fell below 50-day SMA on 1/20/11, turning neutral for the short term. Long term, the ratio rose above 10-year highs on 1/18/11, confirming a bullish Primary Tide uptrend.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) rose above 3-month highs on 1/25/11, confirming an intermediate-term, secondary reaction to the upside. The ratio rose above its 50-day SMA on 1/4/11, thereby turning neutral technically. Long term, the ratio fell below 28-year lows on 12/3/10, confirming a major bearish trend. Big caps had been relatively out of favor for more than 10 years, from 3/29/2000 to 12/3/10.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) crossed below its 50-day SMA on 1/19/11, turning neutral for the intermediate term. Long term, the ratio rose above 20-year highs on 12/21/10, which confirmed a bullish trend.
The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) crossed below its 50-day SMA on 1/20/11, turning neutral for the intermediate term. Long term, the ratio rose above 15-year highs on 12/17/10, which confirmed a bullish trend.
CRB Index of commodity prices rose above 2-year highs on 1/12/11, thereby reconfirming its preexisting bullish major trend.
Crude Oil nearest futures contract price bounced above the highs of the previous 4 trading days and penetrated above a 7-day downtrend line on 1/28/11. Long term, Oil rose above 2-year highs on 1/3/11, thereby reconfirming its preexisting bullish major trend. Support 85.11, 83.55, 80.28, 80.06, 79.84, 79.25, 78.86, 72.63, 70.76, 70.35, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 92.57, 93.46, 98.65, and 102.84.
Gold nearest futures contract price fell below the lows of the previous 9 weeks on 1/27/11, confirming a short-term correction. Long term, Gold rose above previous all-time highs on 12/7/10, confirming a bullish major trend. Support 1307.7, 1297.0, 1274.8, 1270.5, 1232.4, 1210.9, 1191.5, and 1155.6. Resistance: 1347.5, 1378.9, 1392.9, and 1432.5.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) fell below 8-month lows on 1/25/11, reconfirming a bearish trend for the intermediate term. The ratio has been trending lower since making a top on 12/6/10.
Silver nearest futures contract price bounced above the highs of the previous 4 trading days and penetrated above a 7-day downtrend line on 1/28/11, suggesting a short-term bounce. Intermediate term, Oil fell below the lows of the previous 7 weeks on 1/25/11, confirming a downtrend. Long term, Silver rose above previous 30-year highs on 1/3/11, confirming a bullish major trend. Support 26.30, 24.98, and 22.84. Resistance: 27.95, 29.845 and 31.275.
Silver/Gold Ratio crossed above its 50-day SMA on 1/28/11, turning bullish again. Long term, the ratio rose above 3-year highs on 12/31/10, confirming a bullish major trend.
Copper nearest futures contract price rose above the highs of the previous 6 trading days on 1/28/11, suggesting a short-term bounce. Long term, Copper rose above multi-year highs on 1/3/11, thereby reconfirming its preexisting bullish major trend. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 4.208, 4.204, 4.08, 3.9795, 3.6065, 3.3930, 3.1775, 2.9285, 2.8555, 2.8445, and 2.72. Resistance: 4.4675 and 4.498.
U.S. Treasury Bond nearest futures contract price appears to be consolidating losses in a trading range over the past several weeks between 119.06 and 122.07. The bond contract fell below the lows of the previous 7 months on 12/15/10, confirming a bearish major trend. Support 119.06, 118.21, 118.12, 115.15, 114.06, 113.04, and 112.15. Resistance 122.07, 123.26, 128.00 129.14, 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) remains bullish, above 50- and 200-day SMAs. JNK absolute price also remains bullish.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) has been in a rising trend since making a low on 8/24/10, even as absolute price of TIP has declined. A rising Relative Strength Ratio implies that fixed-income investors have been selling inflation protected TIPs at a relatively more subdued pace, compared to the 7-10 Year U.S. Treasury Note ETF (IEF) since 8/24/10.
The U.S. dollar nearest futures contract price bounced above the highs of the previous 2 trading days and penetrated above a 12-day downtrend line on 1/28/11. Intermediate term, U$D broke down below the lows of the previous 11 weeks on 1/27/11, confirming a downtrend. Long term, USD fell below 11-month lows on 11/3/10, confirming a downtrend. Support 77.705, 76.175, 75.23, 74.27, and 70.80. Resistance 79.34, 81.635, 81.935, 82.02, 83.64, 84.73, 85.36, 86.71, 88.80, 89.22, 89.71, and 92.53.
Advisory Service Sentiment: There were 55.1% Bulls versus 19.1% Bears as of 1/26/11, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio stands at 2.88, which is nearly two standard deviations above the long-term, 20-year mean. High levels of bullish sentiment are normal, and no barrier to continuing gains, in a major bull market trend. The ratio was higher at this time last year, at 3.36 as of 1/13/10, and the S&P 500 index higher now than it was then. 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 above 8-week highs to 20.08 on 1/28/11, up from 15.37 on 1/14/11, perhaps reflecting moderately increasing concern about a downside correction among options players. VIX rose to 23.84 during the 4%, 7-day shakeout in November 2010 and rose to 48.20 during the downside correction in May 2010, so the current level of VIX appears relatively insignificant. 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 1/12/11, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above closing price highs of the previous 2-years. 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. While other Dow Theorists were fooled by the big downside Secondary Reaction in May and June 2010 and called a “Bear Market”, my interpretation of the Dow Theory has been steadily Bullish on the Primary Tide Trend every day since 7/23/09.
S&P 500 Composite (SPX, 1,276.34) fell below the lows of the previous 5 trading days on 1/28/11, suggesting a minor short-term shakeout. Long term, SPX closed above the highs of the previous 2-years on 1/27/11, thereby reconfirming its Bullish Primary Tide 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
1302.67, high of 1/28/11
S&P 500 Cash Index Potential Support
1271.26, low of 1/20/11
1261.70, low of 1/7/11
1251.48, low of 12/27/10
1246.73, high of 12/13/10
1238.81, Fibonacci 78.6% of 1,576.09 high
1235.05, high of 12/7/10
1232.85, low of 12/16/10
1228.74, Fibonacci 61.8% of 2007-2009 range
1227.08, high of 11/5/10
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
4.56% Oil, Crude, U.S. Oil Fund, USO
3.84% Silver Trust iS, SLV
1.84% Gold Shares S.T., GLD
1.26% Commodity Tracking, DBC
0.52% Bond, 20+ Years Treasury, TLT
0.46% Bond, 10 Year Treasury, IEF
0.38% Bond, TIPS, TIP
0.20% Bond Muni ATM-Free S&P iS, MUB
0.14% Bond, Aggregate, AGG
0.13% Bond, Corp, LQD
0.05% Bond, 1-3 Year Treasury, SHY
0.01% Bond Treasury Short-Term iS, SHV
0.00% Natural Resource iS GS, IGE
-0.03% Agriculture DB PS, DBA
-0.31% Bond Ex-US Treas, BWX
-0.38% Energy VIPERs, VDE
-0.43% Energy SPDR, XLE
-0.46% Preferred Stock iS, PFF
-0.49% Energy DJ, IYE
-0.51% Financial Preferred, PGF
-0.54% Bond, High-Yield Junk, JNK
-0.56% Canada Index, EWC
-0.60% Bond, High-Yield Corporate, HYG
-0.74% Bond EmrgMkt JPM iS, EMB
-0.76% Switzerland Index, EWL
-0.96% Consumer Staples SPDR, XLP
-0.98% Metals & Mining SPDR, XME
-1.10% Energy Global, IXC
-1.20% Basic Materials DJ US, IYM
-1.34% Utilities SPDR, XLU
-1.35% DIAMONDS (DJIA), DIA
-1.38% Utilities VIPERs, VPU
-1.38% Dividend SPDR, SDY
-1.44% Dividend Appreciation Vipers, VIG
-1.50% Dividend DJ Select, DVY
-1.56% Materials SPDR, XLB
-1.56% Real Estate US DJ, IYR
-1.57% Value 1000 Russell, IWD
-1.58% Singapore Index, EWS
-1.59% Dividend High Yield Equity PS, PEY
-1.59% Value VIPERs, VTV
-1.61% Value S&P 500 B, IVE
-1.65% LargeCap Blend S&P 100, OEF
-1.66% REIT VIPERs, VNQ
-1.66% Value LargeCap Dynamic PS, PWV
-1.71% Japan Index, EWJ
-1.71% Pacific ex-Japan, EPP
-1.72% Financial Services DJ, IYG
-1.74% Financial SPDR, XLF
-1.75% S&P 500 SPDRs LargeCap Blend, SPY
-1.75% Financial DJ US, IYF
-1.76% LargeCap VIPERs, VV
-1.77% MidCap Russell, IWR
-1.77% Value MidCap Russell, IWS
-1.77% Dividend International, PID
-1.78% REIT Wilshire, RWR
-1.79% Growth MidCap 400 B, IJK
-1.79% Blend Total Market VIPERs, VTI
-1.80% LargeCap 1000 R, IWB
-1.80% Health Care SPDR, XLV
-1.82% S&P 500 iS LargeCap Blend, IVV
-1.83% MidCap S&P 400 iS, IJH
-1.84% Australia Index, EWA
-1.85% Financials VIPERs, VFH
-1.86% Realty Cohen & Steers, ICF
-1.86% LargeCap Blend Russell 3000, IWV
-1.86% MidCap S&P 400 SPDRs, MDY
-1.88% Telecom DJ US, IYZ
-1.90% Value MidCap S&P 400 B, IJJ
-1.90% Pacific VIPERs, VPL
-1.90% Growth 1000 Russell, IWF
-1.91% Growth S&P 500/BARRA, IVW
-1.92% Taiwan Index, EWT
-1.92% Germany Index, EWG
-1.94% Malaysia Index, EWM
-1.94% Growth MidCap Russell, IWP
-1.95% Global 100, IOO
-1.96% Industrial SPDR, XLI
-1.98% LargeCap Blend S&P=Weight R, RSP
-1.99% Small Cap EAFE MSCI iS, SCZ
-2.04% Growth VIPERs, VUG
-2.10% Hong Kong Index, EWH
-2.10% Capital Markets KWB ST, KCE
-2.14% Brazil Index, EWZ
-2.21% Growth BARRA Small Cap 600, IJT
-2.22% EAFE Index, EFA
-2.23% Growth SmallCap VIPERs, VBK
-2.24% Austria Index, EWO
-2.24% China LargeCap Growth G D H USX PS, PGJ
-2.26% Networking, IGN
-2.28% Info Tech VIPERs, VGT
-2.28% Value SmallCap VIPERS, VBR
-2.29% Global ex US ACWI iS, ACWX
-2.31% Technology SPDR, XLK
-2.31% Small Cap VIPERs, VB
-2.33% Value EAFE MSCI, EFV
-2.34% Growth SmallCap R 2000, IWO
-2.34% Technology DJ US, IYW
-2.37% Spain Index, EWP
-2.37% United Kingdom Index, EWU
-2.42% Water Resources, PHO
-2.44% Europe 350 S&P Index, IEV
-2.44% SmallCap Russell 2000, IWM
-2.46% SmallCap S&P 600, IJR
-2.46% Netherlands Index, EWN
-2.47% Value SmallCap Russell 2000, IWN
-2.50% Growth EAFE MSCI, EFG
-2.51% Emerging 50 BLDRS, ADRE
-2.54% Growth LargeCap NASDAQ 100, QQQQ
-2.54% Semiconductor SPDR, XSD
-2.56% European VIPERs, VGK
-2.57% China 25 iS, FXI
-2.64% Chile MSCI iS, ECH
-2.64% Belgium Index, EWK
-2.64% Value SmallCap S&P 600 B, IJS
-2.72% WilderHill Clean Energy PS, PBW
-2.74% Semiconductor iS IGW, SOXX
-2.76% EMU Europe Index, EZU
-2.79% Microcap Russell, IWC
-2.82% Latin Am 40, ILF
-2.82% Transportation Av DJ, IYT
-2.84% Homebuilders SPDR, XHB
-3.02% South Korea Index, EWY
-3.06% Mexico Index, EWW
-3.10% Emerging VIPERs, VWO
-3.16% Thailand MSCI iS, THD
-3.16% Emerging Markets, EEM
-3.18% Indonesia MV, IDX
-3.21% France Index, EWQ
-3.26% Consumer Discretionary SPDR, XLY
-3.26% Biotech SPDR, XBI
-3.41% Sweden Index, EWD
-3.42% Italy Index, EWI
-3.43% Russia MV, RSX
-3.50% India PS, PIN
-3.91% India Earnings WTree, EPI
-4.69% South Africa Index, EZA
-7.02% Turkey MSCI iS, TUR