On Monday, S&P 500 Composite (SPX) recovered a modest fraction of its loss on Friday, 7/19/10. Relatively low trading volume undercut the significance of the small price bounce, however. SPX fell below 5-day lows on 7/16/10, thereby indicating a minor downtrend for the short-term, at least. SPX fell below its 50-day SMA, remains below its 200-day SMA, and the 50 is below the 200, all of which together is technically bearish. Sensitive price momentum indicators, such as RSI (14), appear to be confirming a short-term downside correction in price. Normal bouts of short-term profit taking are normal and expected, but the downside damage may prove to be limited, given the degree of the recent oversold condition and the depth of bearish sentiment.

The Dow-Jones Utility Average whipsawed back above its 200-day SMA and remains neutral.

Utilities stock sector Relative Strength Ratio (XLU/SPY) rose above 7-month highs on 7/19/10. The XLU/SPY Ratio’s 50-day SMA crossed above the 200-day SMA, so the XLU/SPY turned bullish. Absolute price of XLU crossed above its 200-day SMA on 7/19/10 but remains neutral with the 50-day SMA below the 200-day SMA.

Consumer Staples stock sector absolute price turned neutral on 7/19/10 when price crossed above its 50-day SMA and with the 50-day SMA below the 200-day SMA

Technology stock sector Relative Strength Ratio (XLK/SPY) rose above 6-month highs on 7/19/10 and remains bullish.

Gold fell below 2-month lows on 7/19/10, confirming the “renewed selling pressure” I mentioned last time. Gold has been in a correction within a major bullish trend since 6/21/10.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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
1.37% , PUI , Utilities, PUI
0.90% , PTE , Telecommunications & Wireless, PTE
1.40% , HHH , Internet H, HHH
6.03% , HAL , HALLIBURTON
1.50% , IGN , Networking, IGN
4.51% , HRB , H&R BLOCK
5.97% , CECO , CAREER EDUCATION CORP
0.77% , PIC , Insurance, PIC
5.40% , APOL , APOLLO GROUP
6.67% , LVLT , LEVEL 3 COMMUNICATIONS
5.60% , MOT , MOTOROLA
0.41% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
0.91% , PSJ , Software, PSJ
0.63% , EFG , Growth EAFE MSCI, EFG
0.69% , FDL , Dividend Leaders, FDL
0.59% , ELG , Growth Large Cap, ELG
1.70% , WPI , WATSON PHARM
2.70% , IGW , Semiconductor iS GS, IGW
1.03% , PBW , WilderHill Clean Energy PS, PBW
3.15% , TXN , TEXAS INSTRUMENT
1.12% , VGT , Info Tech VIPERs, VGT
2.59% , SMH , Semiconductor H, SMH
2.83% , PTEN , Patterson-UTI Energy Inc
1.47% , CMS , CMS ENERGY
0.71% , TMW , Wilshire 5000 ST TM, TMW
0.59% , EFV , Value EAFE MSCI, EFV
1.47% , LSI , LSI LOGIC
3.28% , WY , WEYERHAEUSER
0.44% , IJS , Value SmallCap S&P 600 B, IJS
0.43% , PWT , Growth SmallCap Dynamic PS, PWT
2.61% , XSD , Semiconductor SPDR, XSD
0.60% , VOX , Telecom Services VIPERs, VOX
0.49% , VPL , Pacific VIPERs, VPL
2.50% , ZEUS , Olympic Steell, ZEUS
0.80% , VCR , Consumer D. VIPERs, VCR
1.32% , S , SPRINT NEXTEL
2.50% , CR , CRANE
2.21% , ETR , ENTERGY
1.93% , OMC , OMNICOM
2.63% , KG , KING PHARM

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-7.68% , RIG , TRANSOCEAN
-4.01% , LPX , LOUISIANA PAC
-2.76% , JNY , JONES APPAREL
-3.18% , TIN , TEMPLE INLAND
-2.96% , SIRI , Sirius Satellite
-3.66% , MHS , MEDCO HEALTH
-1.50% , XRAY , DENTSPLY International Inc
-2.08% , JWN , NORDSTROM
-2.21% , LUV , SOUTHWEST AIRLS
-1.48% , STLD , Steel Dynamics, STLD
-0.60% , IIH , Internet Infrastructure H, IIH
-1.49% , PHM , PULTE HOMES
-2.59% , LNCR , Lincare Holdings Inc
-1.31% , EMN , EASTMAN CHEM
-1.25% , HMA , HEALTH MGMT STK A
-1.44% , HSIC , Henry Schein Inc
-1.49% , NEM , NEWMONT MINING
-1.98% , DLTR , Dollar Tree Stores Inc
-1.23% , DBA , Agriculture DB PS, DBA
-0.54% , KSS , KOHLS
-1.21% , VLO , VALERO ENERGY
-0.61% , TYC , TYCO INTL
-1.35% , MCK , MCKESSON CORP
-0.54% , FMCN , Focus Media, FMCN
-0.38% , HAS , HASBRO
-1.33% , KR , KROGER
-0.39% , TIP , Bond, TIPS, TIP
-1.24% , ZION , ZIONS
-0.09% , DBC , Commodity Tracking, DBC
-0.13% , PRU , PRUDENTIAL FINL
-0.08% , MUB , Bond Muni ATM-Free S&P iS, MUB
-0.09% , AGG , Bond, Aggregate, AGG
-0.09% , VMC , VULCAN MATERIALS
-0.50% , PPG , PPG INDUSTRIES

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

Utilities (XLU) Bullish, Over Weight. The Relative Strength Ratio (XLU/SPY) rose above 7-month highs on 7/19/10. The XLU/SPY Ratio’s 50-day SMA crossed above the 200-day SMA, so the XLU/SPY turned bullish. Absolute price of XLU crossed above its 200-day SMA on 7/19/10 but remains neutral with the 50-day SMA below the 200-day SMA. Support 29.66, 27.91, 27.44, and 25.76. Resistance 30.39, 30.59, 30.91, 31.64 and 32.08.

Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) is between 50- and 200-day SMAs, so XLY/SPY is to neutral. Absolute price of XLY fell below both SMAs but remains neutral with the 50-day SMA above the 200-day SMA. Support 28.64, 28.21, and 26.62. Resistance 31.34, 33.12, 34.39, 36.13, 38.25 and 39.09.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) turned bullish on 7/6/10 when the 50-day SMA crossed above the 200-day SMA. Absolute price of XLP turned neutral on 7/19/10 when price crossed above its 50-day SMA and with the 50-day SMA below the 200-day SMA. Support 25.30 and 24.95. Resistance 26.97, 27.83, 27.95, 28.20, 28.75, 29.29 and 30.29.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) rose above 6-month highs on 7/19/10. XLK/SPY turned bullish on 7/12/10 when the 50-day SMA crossed above the 200-day SMA. Absolute price of XLK fell below its 50-day SMA on 7/16/10 and is now bearish. The 50-day SMA remains below the 200-day SMA. Support 20.01 and 19.51. Resistance 22.07, 22.62, 23.27, 24.16, 24.68, and 25.69.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) is stuck between 50- and 200-day SMAs and remains neutral. Absolute price of XLI fell below its 200-day SMA on 7/16/10 and is bearish again, with price below the 50-day SMA and with the 50 below the 200. Support 26.79 and 26.66. Resistance 29.23, 33.12, 33.46, 34.24, 34.50, and 35.00.

Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) turned neutral again on 7/15/10, as it whipsawed back above its 50-day SMA. Absolute price of XLI remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Support 27.49. Resistance 29.38, 29.93, 30.83, 32.05, 32.18, 32.42, 32.69, 33.16, 33.37 and 33.74.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) crossed above its 50 SMA on 7/9/10 but is only neutral because the 50-day SMA remains below the 200-day SMA. Absolute price of XLB remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Support 27.67. Resistance 30.91, 31.80, 33.06, 35.47, and 37.56.

Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Absolute price of XLF also remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Support 13.34 and 13.08. Resistance 15.05, 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.

Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Absolute price of XLE also remains bearish below both SMAs and with the 50-day SMA below the 200-day SMA. Support 48.56, 46.16, and 43.66. Resistance 53.51, 56.70, 58.11, 59.84, 62.30, 62.73, 69.95, and 78.10.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) has been rising since its low on 5/20/10 but remains neutral, with the 50-day below the 200-day SMA. Absolute price of EEM crossed above its 50-day SMA on 7/19/10, thereby turning neutral again.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) has been rising since its low on 5/26/10 but remains neutral, with the 50-day below the 200-day SMA. Absolute price of EFA crossed above its 50-day SMA on 7/8/10 thereby turning neutral.

NASDAQ Composite/S&P 500 Relative Strength Ratio is neutral between 50- and 200-day SMAs. Absolute price fell below 7-month lows on 7/1/10 and is bearishly below 50- and 200-day SMAs.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) fell below its 200-day SMA on 7/16/10, turning bearish again.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) rose above its 200-day SMA on 7/16/10 but remains neutral.

The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) turned neural when it fell below its 50-day SMA on 6/29/10.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) is neutral, having stabilized since making a 30-year low on 6/15/10. 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) fell below its 200-day SMA on 7/16/10 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 crossed above its 200 SMA on 7/13/10 and remains neutral.

Crude Oil nearest futures contract consolidated again on 7/19/10. Oil appears to have entered a trading range since making a low at 64.24 on 5/25/10. Support 74.25, 71.09, 70.93, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 79.38, 79.94, 81.29, 87.15, 90.51, 98.65, and 102.84.

Gold nearest futures contract fell below 2-month lows on 7/19/10, confirming the “renewed selling pressure” I mentioned on 7/16/10. Gold has been in a correction within a major bullish trend since 6/21/10. Support 1168.0, 1156.2, 1124.3, 1084.8, 1045.2, 1026.9 and 989.3. Resistance: 1218.8, 1264.8, 1263.7, and 1266.5.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) has been whipsawing sideways through moving averages in recent months. Best stand aside until a clear trend emerges.

Silver/Gold Ratio turned bearish on 7/16/10 when it crossed below its 50-day SMA, and with the 50-day SMA below the 200-day SMA.

Copper nearest futures price contract fell below 7-day lows on 7/16/10, indicating a minor downtrend for the short-tem. Weakness in Copper suggests doubts about prospects for the world economy, while strength suggests confidence. Support 2.8555, 2.8445, and 2.72. Resistance 3.123, 3.187, 3.2675, 3.3225, 3.795 and 4.27.

U.S. Treasury Bond nearest futures contract price rose above 2-week highs on 7/16/10, confirming a rally attempt. From 7/1/10 to 7/14/10, the Bond had a minor correction within a major uptrend that resembled a Bullish Flag, and now that minor correction appears to have ended. Support 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 128.19, 130.31, 133.20, 137.31, and 142.31.

Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) fell below its 50-day SMA on 7/16/10, turning bearish again.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell below 9-month lows on 7/2/10 and remains RELATIVELY bearish. This implies that investors are choosing less inflation protection. Absolute price of TIP turned from bullish to neutral as of 7/2/10.

The U.S. dollar nearest futures contract price fell further below 2-month lows on 7/16/10, again confirming the downtrend that started on 6/7/10. Support 80.14, 79.73, 79.61, 78.83, 78.20, 76.74 and 75.90. Resistance 85.36, 86.71, 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 32.6% Bulls versus 34.8% Bears as of 7/14/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio fell to 0.94, down from 1.06 the previous week. The current Bull/Bear ratio is the lowest since 0.82 on 4/1/09. The 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 jumped up to 37.58 on 7/1/10, up from 22.87 on 6/21/10. A high and strongly 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 jumped up to 38.29 on 7/1/10, up from 23.12 on 6/18/10. A high and strongly 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 suggests completion of a significant Secondary Reaction within a Primary Tide Bull Market since the 4/26/10 high, in my interpretation. (There is room for interpretation, and so different students of Dow’s Theory may have different interpretations.) 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 Monday, S&P 500 Composite (SPX) recovered a modest fraction of its loss on Friday, 7/19/10. Relatively low trading volume undercut the significance of the small price bounce, however. SPX fell below 5-day lows on 7/16/10, thereby indicating a minor downtrend for the short-term, at least. SPX fell below its 50-day SMA, remains below its 200-day SMA, and the 50 is below the 200, all of which together is technically bearish. Sensitive price momentum indicators, such as RSI (14), appear to be confirming a short-term downside correction in price. Normal bouts of short-term profit taking are normal and expected, but the downside damage may prove to be limited, given the degree of the recent oversold condition and the depth of bearish sentiment. Support 1055.19, 1044.74, 1008.55, 991.97, 978.51, 956.23, and 943.29. Resistance 1099.46, 1131.23, 1173.57, and 1219.80.

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
1173.57, high of 5/13/2010
1131.23, high of 6/21/2010
1099.46, high of 7/13/2010

S&P 500 Cash Index Potential Support
1055.19, 50.0% of July 2010 range
1044.74, Fibonacci 61.8% of July 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

0.58% Bond, 10 Year Treasury, IEF
0.49% Bond, 20+ Years Treasury, TLT
0.35% Bond EmrgMkt JPM iS, EMB
0.34% Bond Ex-US Treas, BWX
0.31% Bond, Aggregate, AGG
0.17% Bond, Corp, LQD
0.10% Bond, 1-3 Year Treasury, SHY
0.01% Bond Muni ATM-Free S&P iS, MUB
-0.24% Bond, TIPS, TIP
-0.29% Preferred Stock iS, PFF
-0.39% Agriculture DB PS, DBA
-0.61% Bond, High-Yield Corporate, HYG
-0.66% Financial Preferred, PGF
-1.13% Thailand MSCI iS, THD
-1.21% Oil, Crude, U.S. Oil Fund, USO
-1.26% Commodity Tracking, DBC
-1.32% Gold Shares S.T., GLD
-1.37% Hong Kong Index, EWH
-1.41% Consumer Staples SPDR, XLP
-1.42% Singapore Index, EWS
-1.47% India Earnings WTree, EPI
-1.67% South Africa Index, EZA
-1.68% Malaysia Index, EWM
-1.72% Utilities SPDR, XLU
-1.82% Utilities VIPERs, VPU
-1.83% Taiwan Index, EWT
-1.87% Indonesia MV, IDX
-1.93% Turkey MSCI iS, TUR
-2.07% Telecom DJ US, IYZ
-2.08% Health Care SPDR, XLV
-2.11% India PS, PIN
-2.22% China LargeCap Growth G D H USX PS, PGJ
-2.25% Value LargeCap Dynamic PS, PWV
-2.28% Dividend Appreciation Vipers, VIG
-2.32% Dividend International, PID
-2.38% Energy SPDR, XLE
-2.42% Germany Index, EWG
-2.45% Dividend DJ Select, DVY
-2.46% Dividend SPDR, SDY
-2.48% Chile MSCI iS, ECH
-2.53% Japan Index, EWJ
-2.53% Capital Markets KWB ST, KCE
-2.56% Silver Trust iS, SLV
-2.58% Small Cap EAFE MSCI iS, SCZ
-2.59% DIAMONDS (DJIA), DIA
-2.64% Growth S&P 500/BARRA, IVW
-2.65% Energy DJ, IYE
-2.68% Latin Am 40, ILF
-2.68% Dividend High Yield Equity PS, PEY
-2.71% Growth VIPERs, VUG
-2.74% Growth 1000 Russell, IWF
-2.74% Materials SPDR, XLB
-2.75% Pacific ex-Japan, EPP
-2.75% Pacific VIPERs, VPL
-2.75% S&P 500 SPDRs LargeCap Blend, SPY
-2.76% LargeCap Blend S&P 100, OEF
-2.76% Growth LargeCap NASDAQ 100, QQQQ
-2.76% Energy Global, IXC
-2.77% Emerging VIPERs, VWO
-2.77% S&P 500 iS LargeCap Blend, IVV
-2.80% United Kingdom Index, EWU
-2.80% Energy VIPERs, VDE
-2.80% LargeCap VIPERs, VV
-2.81% China 25 iS, FXI
-2.81% Emerging 50 BLDRS, ADRE
-2.82% LargeCap Blend Russell 3000, IWV
-2.83% Technology DJ US, IYW
-2.83% Global 100, IOO
-2.85% Technology SPDR, XLK
-2.88% LargeCap 1000 R, IWB
-2.88% Global ex US ACWI iS, ACWX
-2.90% Value EAFE MSCI, EFV
-2.90% Blend Total Market VIPERs, VTI
-2.90% Netherlands Index, EWN
-2.95% Semiconductor SPDR, XSD
-2.95% Value 1000 Russell, IWD
-2.96% Semiconductor iS GS, IGW
-2.97% Belgium Index, EWK
-2.98% Value S&P 500 B, IVE
-2.98% Canada Index, EWC
-2.99% Emerging Markets, EEM
-3.00% Value VIPERs, VTV
-3.00% WilderHill Clean Energy PS, PBW
-3.00% Info Tech VIPERs, VGT
-3.02% Transportation Av DJ, IYT
-3.02% Brazil Index, EWZ
-3.04% EMU Europe Index, EZU
-3.04% Natural Resource iS GS, IGE
-3.05% Growth MidCap Russell, IWP
-3.07% Real Estate US DJ, IYR
-3.09% Mexico Index, EWW
-3.09% Growth MidCap 400 B, IJK
-3.11% Growth EAFE MSCI, EFG
-3.12% Biotech SPDR, XBI
-3.12% Europe 350 S&P Index, IEV
-3.13% MidCap Russell, IWR
-3.13% MidCap S&P 400 iS, IJH
-3.15% LargeCap Blend S&P=Weight R, RSP
-3.17% Italy Index, EWI
-3.17% Spain Index, EWP
-3.19% Switzerland Index, EWL
-3.20% REIT Wilshire, RWR
-3.20% EAFE Index, EFA
-3.24% Australia Index, EWA
-3.24% REIT VIPERs, VNQ
-3.25% Growth BARRA Small Cap 600, IJT
-3.27% Basic Materials DJ US, IYM
-3.27% MidCap S&P 400 SPDRs, MDY
-3.28% Value MidCap Russell, IWS
-3.31% Russia MV, RSX
-3.32% Small Cap VIPERs, VB
-3.34% Industrial SPDR, XLI
-3.37% France Index, EWQ
-3.38% European VIPERs, VGK
-3.42% Realty Cohen & Steers, ICF
-3.42% Value MidCap S&P 400 B, IJJ
-3.46% Austria Index, EWO
-3.50% Consumer Discretionary SPDR, XLY
-3.51% SmallCap S&P 600, IJR
-3.55% Value SmallCap VIPERS, VBR
-3.59% Growth SmallCap VIPERs, VBK
-3.59% Value SmallCap Russell 2000, IWN
-3.62% Sweden Index, EWD
-3.63% Growth SmallCap R 2000, IWO
-3.63% Water Resources, PHO
-3.64% SmallCap Russell 2000, IWM
-3.75% Microcap Russell, IWC
-3.78% South Korea Index, EWY
-3.80% Value SmallCap S&P 600 B, IJS
-3.80% Networking, IGN
-3.92% Metals & Mining SPDR, XME
-4.16% Financial DJ US, IYF
-4.21% Financial SPDR, XLF
-4.22% Financials VIPERs, VFH
-4.73% Financial Services DJ, IYG
-4.75% Homebuilders SPDR, XHB
-5.11% Value SmallCap S&P 600, RZV