S&P 500 Composite (SPX) consolidated with a narrow range Inside Day and very low trading volume on 6/28/10. The SPX is oversold, losing downside momentum, and sentiment has turned bearish. Price momentum oscillators show bullish divergences.

NASDAQ Composite/S&P 500 Relative Strength Ratio crossed above its 50-day SMA on 6/28/10, turning bullish again. The absolute price trend remains neutral, however.

Utilities Stock Sector Relative Strength Ratio (XLU/SPY) remains neutral. XLU/SPY crossed above its falling 200-day SMA on 6/28/10 and remains above its rising 50-day SMA. The Ratio’s 50-day is still below the 200-day SMA, however, so the XLU/SPY remains neutral.

Industrial Stock Sector absolute price whipsawed back down below its rising 200-day SMA again on 6/28/10 and remains neutral.

Gold suffered a big bearish reversal day on 6/28/10, raising doubts about Gold’s ability to breakout above the high of 1264.8 set on 6/21/10. The main trend remains bullish.

U.S. Treasury Bond rose above 14-month highs on 6/28/10, confirming a long-term uptrend.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell below 8-month lows on 6/28/10 and is RELATIVELY bearish. This implies that investors are choosing less inflation protection. Absolute price of TIP remains bullish.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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
1.93% , PTE , Telecommunications & Wireless, PTE
8.16% , TLAB , TELLABS
5.92% , MU.O , MICRON TECH
4.05% , RAI , RJR TOBACCO HLDS
1.49% , PWO , OTC Dynamic PS, PWO
0.60% , VOX , Telecom Services VIPERs, VOX
3.25% , MO , ALTRIA, MO
0.69% , IGW , Semiconductor iS GS, IGW
6.19% , S , SPRINT NEXTEL
1.21% , PUI , Utilities, PUI
0.74% , TLH , Bond 10-20 Year US Treas, TLH
2.73% , AFL , AFLAC
0.32% , PBJ , Food & Beverage, PBJ
0.66% , PIV , Value Line Timeliness MidCap Gr, PIV
4.98% , EWL , Switzerland Index, EWL
0.75% , IYZ , Telecom DJ US, IYZ
2.44% , ZMH , ZIMMER HLDGS
2.49% , CMCSA , COMCAST HOLDINGS STK A
0.68% , XSD , Semiconductor SPDR, XSD
0.71% , IEF , Bond, 10 Year Treasury, IEF
0.42% , IAH , Internet Architecture H, IAH
0.75% , VDC , Consumer Staples VIPERs, VDC
0.79% , PIN , India PS, PIN
0.48% , JKK , Growth SmallCap iS M, JKK
0.96% , EWS , Singapore Index, EWS
0.66% , XLU , Utilities SPDR, XLU
0.38% , PWC , LargeCap Blend Dynamic PS, PWC
0.36% , PXQ , Networking, PXQ
1.22% , LSI , LSI LOGIC
0.55% , LQD , Bond, Corp, LQD
2.07% , ABC , AMERISOURCEBERGN
1.33% , Q , QWEST COMMUNICAT
1.82% , RYAAY , Ryanair Holdings plc
0.10% , PMR , Retail, PMR
0.50% , NSM , NATL SEMICONDUCT
0.13% , PEY , Dividend High Yield Equity PS, PEY
1.30% , PIC , Insurance, PIC
0.20% , FPX , IPOs, First Tr IPOX-100, FPX
0.27% , TUR , Turkey MSCI iS, TUR
1.00% , D , DOMINION RSCS

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-1.64% , EWO , Austria Index, EWO
-6.99% , ODP , OFFICE DEPOT
-0.61% , IJS , Value SmallCap S&P 600 B, IJS
-1.19% , RZV , Value SmallCap S&P 600, RZV
-0.67% , TMW , Wilshire 5000 ST TM, TMW
-0.34% , IYC , Consumer Cyclical DJ, IYC
-1.55% , ITF , Japan LargeCap Blend TOPIX 150, ITF
-0.73% , IYT , Transportation Av DJ, IYT
-1.91% , FLEX , Flextronics International Ltd
-1.88% , XTO , XTO ENERGY INC
-1.41% , PST , 200% Short Bond 7-10 Yr T, PST
-1.44% , IGE , Natural Resource iS GS, IGE
-1.07% , DBC , Commodity Tracking, DBC
-1.36% , KWT , Solar Energy MV, KWT
-0.66% , PBE , Biotech & Genome, PBE
-0.66% , VBR , Value SmallCap VIPERS, VBR
-1.36% , GLD , Gold Shares S.T., GLD
-3.68% , FRE , FREDDIE MAC
-0.46% , FDV , Value 40 Large Low P/E FT DB, FDV
-1.84% , TEVA , Teva Pharmaceutical Industries Limited
-1.34% , VPL , Pacific VIPERs, VPL
-0.66% , IGV , Software, IGV
-1.55% , SLV , Silver Trust iS, SLV
-1.17% , IYM , Basic Materials DJ US, IYM
-1.15% , HHH , Internet H, HHH
-0.63% , ADRA , Asia 50 BLDRS, ADRA
-0.68% , PEJ , Leisure & Entertainment, PEJ
-0.41% , IYY , LargeCap Blend Total Market DJ, IYY
-0.04% , DGT , Global Titans, DGT
-0.20% , RPV , Value S&P 500, RPV
-0.32% , IJK , Growth MidCap 400 B, IJK
-1.06% , THC , TENET HEALTHCARE
-2.31% , HMA , HEALTH MGMT STK A
-0.93% , PXJ , Oil & Gas, PXJ
-0.73% , EZU , EMU Europe Index, EZU
-1.00% , VFH , Financials VIPERs, VFH
-0.99% , BBH , Biotech H, BBH
-0.76% , XBI , Biotech SPDR, XBI
-0.54% , DBA , Agriculture DB PS, DBA
-3.13% , RDC , ROWAN COMPANIES

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

Consumer Discretionary (XLY) Bullish, Overweight. The Relative Strength Ratio (XLY/SPY) fell below its 50-day SMA on 6/17/10, thereby turning neutral, even though it remains well above its 200-day SMA. Absolute price of XLY has remained above its 200-day SMA consistently since 2/23/09. Support 30.34. Resistance 34.39, 36.13, 38.25 and 39.09.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) is stuck between 50- and 200-day SMAs and remains neutral. Absolute price rose whipsawed back below its rising 200-day SMA again on 6/28/10 and remains neutral. Support 27.40. Resistance 33.12, 33.46, 34.24, 34.50, and 35.00.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) rose further above 5-month highs on 6/23/10. In contrast, absolute price fell further below its rising 200-day SMA on 6/25/10. Support 20.64. Resistance 23.27, 24.16, 24.68, and 25.69.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) has performed about in-line with the broader market for the past 7-months and remains neutral. Absolute price of XLP fell below its rising 200-day SMA on 6/18/10 and remains neutral. Support 25.78 and 24.95. Resistance 27.83, 27.95, 28.20, 28.75, 29.29 and 30.29.

Utilities (XLU) Neutral, Market Weight. The Relative Strength Ratio (XLU/SPY) remains neutral. XLU/SPY crossed above its falling 200-day SMA on 6/28/10 and remains above its rising 50-day SMA. The Ratio’s 50-day is still below the 200-day SMA, however, so the XLU/SPY remains neutral. Absolute price of XLU fell further below both 50- and 200-day SMAs on 6/24/10, and the 50 remains below the 200 SMA, so the XLU price trend is bearish. Support 27.44, 25.76. Resistance 30.59, 30.91, 31.64 and 32.08.

Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) jumped sharply above both SMAs on 6/25/10, suddenly turning bullish. Absolute price of XLF rose above 2-day highs and remains neutral. Support 13.70 and 13.51. Resistance 15.05, 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.

Health Care (XLV) Neutral, Market Weight. The Relative Strength Ratio (XLV/SPY) has been consolidating in May and June and remains neutral. Absolute price of XLV remains technically bearish because price is below both SMAs and the 50 is below the 200 SMA. Support 27.96. Resistance 29.93, 30.83, 32.05, 32.18, 32.42, 32.69, 33.16, 33.37 and 33.74.

Materials (XLB) Bearish, Under Weight. The Relative Strength Ratio (XLB/SPY) fell below 14-month lows on 6/7/10 and remains bearish. Absolute price of XLB remains bearish with the 50-day SMA below the 200-day SMA of price since 6/18/10. Support 28.55. Resistance 31.80, 33.06, 35.47, and 37.56.

Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) fell further below its 50-day SMA on 6/25/10 and remains bearish. Absolute price of XLE fell below 10-day lows on 6/25/10 and remains bearishly below 50- and 200-day SMAs. Support 50.15 Resistance 58.11, 59.84, 62.30, 62.73, 69.95, and 78.10.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) rose above 50- and 200-day SMAs on 6/21/10 and so turned neutral. The 50-day SMA remains below the 200-day SMA. Absolute price fell below both 50- and 200-day SMAs on 6/22/10, and the 50- is below the 200-day SMA, so price is bearish.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) rose above its 50-day SMA on 6/21/10 and so turned neutral. Absolute price of EFA fell below 10-month lows on 5/25/10 and remains bearish.

NASDAQ 100/S&P 500 Relative Strength Ratio remains above rising 50- and 200-day SMAs and remains bullish. The RS Ratio rose above 9-year highs on 6/4/10, giving a major bullish signal.

NASDAQ Composite/S&P 500 Relative Strength Ratio crossed above its 50-day SMA on 6/28/10, turning bullish again. The absolute price trend remains neutral, however.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) turned bullish on 6/25/10 by rising above its 50-day SMA. Absolute price of IWD fell below its 200-day SMA on 6/22/10 and remains neutral.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) remains neutral. Absolute price of IWF fell below its 200-day SMA on 6/22/10 and remains neutral.

The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) rose above 7-year highs on 6/15/10 and remains bullish. Absolute price of RSP closed below its 200 SMA on 6/24/10 and remains neutral.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) fell below the lows of the previous 30 years on 6/15/10 and remains bearish. 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) remains neutral but is very close to a bullish signal. Absolute price of IWM closed above its 200 SMA on 6/25/10 and remains neutral.

The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) remains neutral but is very close to a bullish signal. Absolute price of MDY closed above its 200 SMA on 6/25/10 and remains neutral.

Crude Oil nearest futures contract rose above 6-week highs on 6/25/10, based on closing prices only. Could be ready for another leg up. Watch for resistance at 79.74, which was the intraday high on 6/21/10. Oil’s Ascending Triangle bottom still allows an objective above 80, but probably not right away. Support 74.74, 69.51, 67.15, 65.05, and 64.24. Resistance 79.74, 81.29, 87.15, 90.51, 98.65, and 102.84.

Gold nearest futures contract suffered a big bearish reversal day on 6/28/10, raising doubts about Gold’s ability to breakout above the high of 1264.8 set on 6/21/10. The main trend remains bullish. Support 1216.2, 1196.9, 1168.0, 1156.2, 1124.3, 1084.8, 1045.2, 1026.9 and 989.3. Resistance: 1264.8.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) has been gaining strength in recent weeks, although it remains technically neutral, with the 50-day SMA still below the 200 SMA.

Silver/Gold Ratio turned bearish on 5/17/10 when it crossed below both 50- and 200-day SMAs, with the 50-day SMA below the 200-day SMA.

Copper nearest futures price rose above 3-week highs on 6/25/10, signaling a new short-tem uptrend. Strength in Copper suggests confidence about prospects for the world economy. Support 2.8445 and 2.72. Resistance 3.187, 3.2675, 3.3225, 3.795 and 4.27.

U.S. Treasury Bond nearest futures contract price rose above 14-month highs on 6/28/10, confirming a long-term uptrend. Support 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 128.08, 126.15, 130.31, 133.20, 137.31, and 142.31.

Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) fell sharply on 6/22/10 and is now bearish, with the 50- below the 200-day SMA.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell below 8-month lows on 6/28/10 and is RELATIVELY bearish. This implies that investors are choosing less inflation protection. Absolute price of TIP remains bullish.

The U.S. dollar nearest futures contract price sagged toward a test of its 6/21/10 low of 85.36. The USD chart “needs work” in order to confirm an end the recent 3-week downside correction. Support 85.36, 85.325, 83.07, 81.74, 80.14, 79.73, 79.61, 78.83, 78.20, 76.74 and 75.90. Resistance 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 41.1% Bulls versus 31.1% Bears as of 6/25/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio rose to 1.32, up from 1.14 the previous week. The current Bull/Bear 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 fell to 22.87 on 6/21/10 but has been rising since. VIX peaked at 48.20 on 5/21/10. A rising VIX suggests increasing bearish sentiment. 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 fell to 23.12 on 6/18/10 but has been rising since. VXN peaked at 48.89 on 5/21/10. A rising VXN suggests increasing bearish sentiment. 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 again 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) consolidated with a narrow range Inside Day and very low trading volume on 6/28/10. The SPX is oversold, losing downside momentum, and sentiment has turned bearish. Price momentum oscillators show bullish divergences. None of this guarantees an oversold bounce, but it does make a bounce more likely. The May-June bottom still allows an upside projection above 1160. Support 1040.78, 1029.38, 1019.95, 1012.42, and 1008.55. Resistance 1086.01, 1075.33, 1096.68, 1130.29, 1151.41, 1173.57, 1181.49, 1219.80, 1220.03, and 1228.74.

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
1181.49, Fibonacci 78.6% of 2010 range
1173.57, high of 5/13/2010
1151.41, Fibonacci 61.8% of 2010 range
1131.23, high of 6/21/2010
1130.29, Gann 50.0% of 2010 range
1096.68, Fibonacci 38.2% of May-June bounce
1086.01, Gann 50.0% of May-June bounce
1075.33, Fibonacci 61.8% of May-June bounce

S&P 500 Cash Index Potential Support
1067.89, low of 6/25/2010
1040.78, low of 5/25/2010
1029.38, low of 11/2/2009
1019.95, low of 10/2/2009
1012.42, Gann 37.5% of 2009-2010 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
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

4.98% Switzerland Index, EWL
1.70% United Kingdom Index, EWU
1.14% Thailand MSCI iS, THD
0.96% Singapore Index, EWS
0.94% Bond, 20+ Years Treasury, TLT
0.85% Consumer Staples SPDR, XLP
0.79% India PS, PIN
0.75% Telecom DJ US, IYZ
0.71% Bond, 10 Year Treasury, IEF
0.70% Utilities VIPERs, VPU
0.69% Semiconductor iS GS, IGW
0.68% Semiconductor SPDR, XSD
0.66% Networking, IGN
0.66% Utilities SPDR, XLU
0.55% Bond, Corp, LQD
0.29% Bond EmrgMkt JPM iS, EMB
0.27% Turkey MSCI iS, TUR
0.27% Preferred Stock iS, PFF
0.27% Russia MV, RSX
0.25% Dividend DJ Select, DVY
0.24% Dividend SPDR, SDY
0.23% Bond, TIPS, TIP
0.22% Bond, High-Yield Corporate, HYG
0.21% Technology SPDR, XLK
0.19% Bond, Aggregate, AGG
0.13% Dividend High Yield Equity PS, PEY
0.09% Malaysia Index, EWM
0.06% Bond, 1-3 Year Treasury, SHY
0.04% India Earnings WTree, EPI
0.04% Bond Muni ATM-Free S&P iS, MUB
0.04% Info Tech VIPERs, VGT
0.04% Technology DJ US, IYW
0.03% Growth BARRA Small Cap 600, IJT
0.00% Financial Preferred, PGF
0.00% Value LargeCap Dynamic PS, PWV
-0.02% Dividend Appreciation Vipers, VIG
-0.13% Growth SmallCap R 2000, IWO
-0.13% Dividend International, PID
-0.17% Sweden Index, EWD
-0.17% Health Care SPDR, XLV
-0.18% Value MidCap S&P 400 B, IJJ
-0.19% Value 1000 Russell, IWD
-0.19% Hong Kong Index, EWH
-0.20% Homebuilders SPDR, XHB
-0.23% WilderHill Clean Energy PS, PBW
-0.24% Capital Markets KWB ST, KCE
-0.25% China LargeCap Growth G D H USX PS, PGJ
-0.27% Global 100, IOO
-0.28% DIAMONDS (DJIA), DIA
-0.28% Chile MSCI iS, ECH
-0.29% LargeCap Blend S&P 100, OEF
-0.30% MidCap S&P 400 SPDRs, MDY
-0.30% Value VIPERs, VTV
-0.30% LargeCap Blend S&P=Weight R, RSP
-0.30% Growth MidCap Russell, IWP
-0.31% S&P 500 SPDRs LargeCap Blend, SPY
-0.32% Growth MidCap 400 B, IJK
-0.32% Growth S&P 500/BARRA, IVW
-0.33% Value S&P 500 B, IVE
-0.33% LargeCap Blend Russell 3000, IWV
-0.34% Blend Total Market VIPERs, VTI
-0.34% Taiwan Index, EWT
-0.35% Bond Ex-US Treas, BWX
-0.35% Growth LargeCap NASDAQ 100, QQQQ
-0.36% Germany Index, EWG
-0.36% S&P 500 iS LargeCap Blend, IVV
-0.38% Growth SmallCap VIPERs, VBK
-0.38% Small Cap VIPERs, VB
-0.39% Growth VIPERs, VUG
-0.39% Europe 350 S&P Index, IEV
-0.43% LargeCap VIPERs, VV
-0.43% MidCap S&P 400 iS, IJH
-0.43% LargeCap 1000 R, IWB
-0.48% France Index, EWQ
-0.49% South Korea Index, EWY
-0.49% Mexico Index, EWW
-0.52% MidCap Russell, IWR
-0.52% Growth 1000 Russell, IWF
-0.52% Value MidCap Russell, IWS
-0.52% Emerging VIPERs, VWO
-0.53% China 25 iS, FXI
-0.54% Agriculture DB PS, DBA
-0.57% Global ex US ACWI iS, ACWX
-0.57% SmallCap Russell 2000, IWM
-0.61% European VIPERs, VGK
-0.61% Value SmallCap S&P 600 B, IJS
-0.62% Emerging 50 BLDRS, ADRE
-0.63% Water Resources, PHO
-0.63% Latin Am 40, ILF
-0.65% SmallCap S&P 600, IJR
-0.66% Value SmallCap VIPERS, VBR
-0.68% Canada Index, EWC
-0.68% Emerging Markets, EEM
-0.69% Industrial SPDR, XLI
-0.73% EMU Europe Index, EZU
-0.73% Transportation Av DJ, IYT
-0.74% EAFE Index, EFA
-0.75% Consumer Discretionary SPDR, XLY
-0.76% Microcap Russell, IWC
-0.76% Biotech SPDR, XBI
-0.77% Indonesia MV, IDX
-0.79% Financial DJ US, IYF
-0.83% Netherlands Index, EWN
-0.83% Growth EAFE MSCI, EFG
-0.88% Italy Index, EWI
-0.92% Pacific ex-Japan, EPP
-0.92% Financial SPDR, XLF
-0.96% Belgium Index, EWK
-0.97% Spain Index, EWP
-0.98% Energy Global, IXC
-0.98% Financial Services DJ, IYG
-0.98% Value EAFE MSCI, EFV
-1.00% Financials VIPERs, VFH
-1.01% Value SmallCap Russell 2000, IWN
-1.07% Commodity Tracking, DBC
-1.11% Small Cap EAFE MSCI iS, SCZ
-1.13% Materials SPDR, XLB
-1.14% Real Estate US DJ, IYR
-1.15% Japan Index, EWJ
-1.17% Basic Materials DJ US, IYM
-1.18% REIT VIPERs, VNQ
-1.18% Brazil Index, EWZ
-1.19% South Africa Index, EZA
-1.19% Value SmallCap S&P 600, RZV
-1.26% Oil, Crude, U.S. Oil Fund, USO
-1.31% REIT Wilshire, RWR
-1.33% Energy VIPERs, VDE
-1.34% Pacific VIPERs, VPL
-1.35% Energy SPDR, XLE
-1.36% Realty Cohen & Steers, ICF
-1.36% Gold Shares S.T., GLD
-1.37% Australia Index, EWA
-1.44% Natural Resource iS GS, IGE
-1.46% Energy DJ, IYE
-1.55% Silver Trust iS, SLV
-1.64% Austria Index, EWO
-2.70% Metals & Mining SPDR, XME