S&P 500 Composite (SPX) price broke out to a new 10-week closing price high and rose above the 200-day SMA on 8/2/10. The 50-day remains below the 200-day SMA, however. RSI and MACD rose above 13-week highs, and many other price momentum indicators turned upward. Renewed upside momentum is evident.
Industrial stock sector absolute price rose to a new 2-month high on 8/2/10. XLI turned bullish on 7/22/10, when it crossed above 50-day and 200-day SMAs.
Materials stock sector Relative Strength Ratio (XLB/SPY) rose to a new 3-month high on 8/2/10 and remains neutral. Absolute price rose to a new 2-month high on 8/2/10 and remains neutral.
Consumer Staples stock sector Relative Strength Ratio (XLP/SPY) turned neutral on 8/2/10 when it crossed below the 50-day SMA.
Financial stock sector Relative Strength Ratio (XLF/SPY) turned neutral on 8/2/10 as it crossed above the 200-day SMA. Absolute price rose to a new 2-month high on 8/2/10 and remains neutral.
Energy stock sector absolute price rose to a new 2-month high on 8/2/10 and remains neutral.
Health Care stock sector price turned neutral on 8/2/10 as it crossed above the 50-day SMA.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) rose to a new 7-month high on 8/2/02. It remains neutral, with the 50-day below the 200-day SMA, but is fast approaching a bullish crossover. Absolute price of EEM rose to a new 3-month high on 8/2/02. It remains neutral, with the 50-day below the 200-day SMA, but is heading toward a bullish crossover as well.
Crude Oil nearest futures contract broke out above 11-week highs on 8/2/10, thereby signaling a significant uptrend for the intermediate-term.
Copper nearest futures contract price rose further above 13-week highs on 8/2/10, again confirming a significant uptrend for the intermediate-term. Strength in Copper suggests confidence about prospects for the world economy.
The U.S. dollar nearest futures contract price fell further below 13-week lows on 8/2/10, again confirming the persistent downtrend that started on 6/7/10.
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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
1.53% , PIV , Value Line Timeliness MidCap Gr, PIV
2.03% , JKE , Growth LargeCap iS M, JKE
2.92% , ADRA , Asia 50 BLDRS, ADRA
2.94% , BDH , Broadband H, BDH
1.53% , IGN , Networking, IGN
4.35% , FEZ , Euro STOXX 50, FEZ
3.11% , PXE , Energy Exploration & Prod, PXE
2.08% , ITF , Japan LargeCap Blend TOPIX 150, ITF
4.21% , ADRU , Europe 100 BLDRS, ADRU
5.95% , MDP , MEREDITH
2.27% , DGT , Global Titans, DGT
3.45% , ADRD , Developed 100 BLDRS, ADRD
2.16% , IXN , Technology Global, IXN
1.73% , PWY , Value SmallCap Dynamic PS, PWY
5.99% , AGN , ALLERGAN
2.90% , IOO , Global 100, IOO
4.08% , AIG , AMER INTL GROUP
10.42% , ODP , OFFICE DEPOT
1.34% , PWP , Value MidCap Dynamic PS, PWP
7.17% , LIZ , LIZ CLAIRBORNE
1.43% , PXQ , Networking, PXQ
8.36% , APC , ANADARKO PETRO
2.41% , IXP , Telecommunications Global, IXP
2.42% , ADRE , Emerging 50 BLDRS, ADRE
6.97% , MI , MARSHAL & ILSLEY
2.65% , PID , Dividend International, PID
1.89% , IYH , Healthcare DJ, IYH
1.47% , JKK , Growth SmallCap iS M, JKK
5.82% , HAR , Harman International
6.86% , NIHD , NII Holdings, Inc.
2.11% , VCR , Consumer D. VIPERs, VCR
2.67% , SCZ , Small Cap EAFE MSCI iS, SCZ
1.74% , IXJ , Healthcare Global, IXJ
2.24% , VO , MidCap VIPERs, VO
9.67% , RIG , TRANSOCEAN
1.87% , IDU , Utilities DJ, IDU
4.64% , EWD , Sweden Index, EWD
1.03% , VDC , Consumer Staples VIPERs, VDC
4.71% , EWP , Spain Index, EWP
3.86% , MVV , Ultra MidCap400 Double, MVV
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-2.80% , SJM , J. M. Smucker
-0.95% , TLH , Bond 10-20 Year US Treas, TLH
-1.07% , BSX , BOSTON SCIENT
-2.01% , DOG , Short 100% Dow 30, DOG
-0.57% , IEF , Bond, 10 Year Treasury, IEF
-1.97% , MYY , Short 100% MidCap 400, MYY
-1.54% , HMA , HEALTH MGMT STK A
-1.90% , PSQ , Short 100% QQQ, PSQ
-1.86% , IIH , Internet Infrastructure H, IIH
-0.41% , AGG , Bond, Aggregate, AGG
-0.28% , CLX , CLOROX
-0.56% , RSH , RADIOSHACK
-0.96% , MHS , MEDCO HEALTH
-0.54% , NEM , NEWMONT MINING
-2.29% , SH , Short 100% S&P 500, SH
-0.51% , PFF , Preferred Stock iS, PFF
-0.22% , THC , TENET HEALTHCARE
-0.53% , VRSN , VeriSign Inc
-0.68% , SBUX , STARBUCKS
-0.11% , SHY , Bond, 1-3 Year Treasury, SHY
-0.07% , RAI , Reynolds American
-0.20% , DLTR , Dollar Tree Stores Inc
-0.16% , MUB , Bond Muni ATM-Free S&P iS, MUB
-0.01% , SHV , Bond Treasury Short-Term iS, SHV
-0.02% , ROST , Ross Stores Inc
9 major U.S. stock sectors ranked in order of long-term relative strength:
Industrial (XLI) Bullish, Over Weight. The Relative Strength Ratio (XLI/SPY) rose to a new 2-month high on 7/30/10, after turning bullish on 7/22/10, when it crossed above the 50-day SMA. Absolute price rose to a new 2-month high on 8/2/10. XLI turned bullish on 7/22/10, when it crossed above 50-day and 200-day SMAs. Support 29.23, 27.74, 26.79 and 26.66. Resistance 32.41, 33.46, 34.24, 34.50, and 35.00.
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. The 50-day SMA remains above the 200-day SMA. Absolute price of XLY turned bullish on 7/30/10, when price crossed above the 50-day SMA. Support 29.90, 28.64, 28.21, and 26.62. Resistance 33.12, 34.39, 36.13, 38.25 and 39.09. Absolute price of XLP crossed above the 200-day SMA on 7/22/10
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) rose to a new 3-month high on 8/2/10 and remains neutral, with the 50-day SMA below the 200-day SMA. Absolute price rose to a new 2-month high on 8/2/10 and remains neutral, with the 50-day SMA below the 200-day SMA. Support 29.43, 27.67. Resistance 33.06, 35.47, and 37.56.
Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) turned neutral on 7/30/10, as it crossed below the 50-day SMA. Absolute price of XLK remains neutral, with the 50-day SMA below the 200-day SMA. Support 20.01 and 19.51. Resistance 22.62, 23.27, 24.16, 24.68, and 25.69.
Utilities (XLU) Bullish, Over Weight. The Relative Strength Ratio (XLU/SPY) remains bullish above 50-day and 200-day SMAs, and with the 50 above the 200. Absolute price of XLU remains neutral. Price broke out above 6-month highs on 7/27/10, and XLU moved further above 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA, although that is a lagging indicator. Support 29.66, 27.91, 27.44, and 25.76. Resistance 31.64 and 32.08.
Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) turned neutral on 8/2/10 when it crossed below the 50-day SMA. Absolute price of XLP remains above both 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA, however. Support 26.34, 25.30, and 24.95. Resistance 27.83, 27.95, 28.20, 28.75, 29.29 and 30.29.
Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) turned neutral on 8/2/10 as it crossed above the 200-day SMA. The 50-day SMA is below the 200-day SMA. Absolute price rose to a new 2-month high on 8/2/10. XLF remains neutral, with the 50-day SMA below the 200-day SMA. Support 13.34 and 13.08. Resistance 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.
Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) turned neutral on 7/29/10 as it crossed above the 50-day SMA. It remains below the 200-day SMA, and the 50-day SMA remains below the 200-day SMA. Absolute price of XLE rose to a new 2-month high on 8/2/10 and remains neutral, below the 200-day SMA. Support 51.31, 48.56, 46.16, and 43.66. Resistance 56.70, 58.11, 59.84, 62.30, 62.73, 69.95, and 78.10.
Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) turned bearish again on 7/20/10, as it fell back below its 50-day SMA. Absolute price of XLV turned neutral on 8/2/10 as it crossed above the 50-day SMA. Price remains 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.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) rose to a new 7-month high on 8/2/02. It remains neutral, with the 50-day below the 200-day SMA, but is fast approaching a bullish crossover. Absolute price of EEM rose to a new 3-month high on 8/2/02. It remains neutral, with the 50-day below the 200-day SMA, but is heading toward a bullish crossover as well.
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 200-day SMA on 8/2/02 but remains neutral, with the 50-day below the 200-day SMA.
NASDAQ Composite/S&P 500 Relative Strength Ratio appears to be consolidating gains since its peak on 6/3/10. Absolute price is above both SMAs but the 50-day remains below the 200-day SMA.
Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) appears moderately bearish for the intermediate term, trending downward since 5/3/10. Longer term, IWD/SPY appears bearish, trending downward since 3/22/07.
Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) appears moderately bullish for the intermediate term, trending upward since 4/14/10. Longer term, IWF/IWD appears bullish, trending upward since 8/8/06.
The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 6/15/10. Longer term, RSP /SPY has been bullish, trending upward since 11/19/08.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) appears to be consolidating losses since its 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) appears neutral for the intermediate term, consolidating gains since peaking on 5/17/10. Longer term, IWM/SPY has been bullish, trending upward since 4/8/99.
The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 5/28/10. Longer term, MDY /SPY has been bullish, trending upward since 4/7/99.
Crude Oil nearest futures contract broke out above 11-week highs on 8/2/10, thereby signaling a significant uptrend for the intermediate-term. Oil penetrated resistance around 79-80, overcoming the top end of its trading range since making a low at 64.24 on 5/25/10. Support 75.90, 74.25, 71.09, 70.93, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 84.55, 87.15, 90.51, 98.65, and 102.84.
Gold nearest futures contract rose above 5-day highs on 8/2/10, but that minor upturn does not appear very significant at this time. The problem is the larger time frame: Gold fell below 12-week lows intraday on 7/28/10 and has been in an intermediate-term downside correction within a major bullish trend since 6/21/10. There is no convincing technical evidence that the correction might not resume. Support 1155.6, 1124.3, 1084.8, 1045.2, 1026.9 and 989.3. Resistance: 1203.9, 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 has been mostly neutral, consolidating losses since making a low on 2/8/10. Longer term, Silver has underperformed Gold since 4/19/06.
Copper nearest futures contract price rose further above 13-week highs on 8/2/10, again confirming a significant uptrend for the intermediate-term. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 2.9285, 2.8555, 2.8445, and 2.72. Resistance 3.3225, 3.795 and 4.27.
U.S. Treasury Bond nearest futures contract price jumped above 4-day highs on 7/30/10, demonstrating renewed bullish momentum for the short term. The Bond rose above 16-month highs on 7/21/10, confirming a longer-term uptrend. Support 126.01, 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 129.14, 130.31, 133.20, 137.31, and 142.31.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) appears neutral for the intermediate term, consolidating gains since peaking on 5/17/10. Longer term, JNK/LQD has been bullish, trending upward since 3/9/09.
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 13-week lows on 8/2/10, again confirming the persistent downtrend that started on 6/7/10. Support 80.14, 79.73, 79.61, 78.83, 78.20, 76.74 and 75.90. Resistance 83.64, 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 38.2% Bulls versus 34.9% Bears as of 7/28/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio rose to 1.09, up from 1.00 the previous week. This ratio is also up from 0.94 on 7/14/10, which was 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 has eased into the low 20s since its high peaks at 48.20 on 5/21/10 and 37.58 on 7/1/10. Those peaks quantified significant bearish sentiment, and it may take time to work that off. 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 also has eased into the low 20s since its peaks at 48.89 on 5/21/10 and 38.29 on 7/1/10. 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.
S&P 500 Composite (SPX) price broke out to a new 10-week closing price high and rose above the 200-day SMA on 8/2/10. The 50-day remains below the 200-day SMA, however. RSI and MACD rose above 13-week highs, and many other price momentum indicators turned upward. Renewed upside momentum is evident. Support 1093.44, 1078.92, 1055.19, 1044.74, 1008.55, 991.97, 978.51, 956.23, and 943.29. Resistance 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
S&P 500 Cash Index Potential Support
1093.44, 25.0% of July 2010 range
1088.01, low of 7/30/2010
1078.92, Fibonacci 38.2% of 2010 range
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
4.71% Spain Index, EWP
4.64% Sweden Index, EWD
4.23% EMU Europe Index, EZU
4.21% Russia MV, RSX
4.11% France Index, EWQ
3.88% European VIPERs, VGK
3.70% Europe 350 S&P Index, IEV
3.68% Italy Index, EWI
3.62% Realty Cohen & Steers, ICF
3.57% Value EAFE MSCI, EFV
3.56% Netherlands Index, EWN
3.51% United Kingdom Index, EWU
3.49% Energy SPDR, XLE
3.47% Metals & Mining SPDR, XME
3.46% Energy DJ, IYE
3.44% REIT Wilshire, RWR
3.44% Belgium Index, EWK
3.42% Energy Global, IXC
3.41% Energy VIPERs, VDE
3.37% EAFE Index, EFA
3.36% REIT VIPERs, VNQ
3.35% Austria Index, EWO
3.33% Germany Index, EWG
3.29% Australia Index, EWA
3.23% Oil, Crude, U.S. Oil Fund, USO
3.22% South Korea Index, EWY
3.10% Natural Resource iS GS, IGE
3.06% Taiwan Index, EWT
3.04% Real Estate US DJ, IYR
3.02% Pacific ex-Japan, EPP
2.95% Basic Materials DJ US, IYM
2.90% Global 100, IOO
2.79% Growth EAFE MSCI, EFG
2.79% China 25 iS, FXI
2.69% Materials SPDR, XLB
2.68% Singapore Index, EWS
2.67% Small Cap EAFE MSCI iS, SCZ
2.65% Dividend International, PID
2.62% Global ex US ACWI iS, ACWX
2.60% Emerging VIPERs, VWO
2.60% Emerging Markets, EEM
2.59% Homebuilders SPDR, XHB
2.55% Capital Markets KWB ST, KCE
2.52% Financial SPDR, XLF
2.42% Emerging 50 BLDRS, ADRE
2.42% Brazil Index, EWZ
2.38% Chile MSCI iS, ECH
2.37% Pacific VIPERs, VPL
2.32% Financials VIPERs, VFH
2.32% Financial Services DJ, IYG
2.29% Value VIPERs, VTV
2.28% Value MidCap Russell, IWS
2.27% Financial DJ US, IYF
2.26% Switzerland Index, EWL
2.26% Hong Kong Index, EWH
2.26% S&P 500 SPDRs LargeCap Blend, SPY
2.24% LargeCap Blend S&P=Weight R, RSP
2.24% Value 1000 Russell, IWD
2.22% China LargeCap Growth G D H USX PS, PGJ
2.22% Value S&P 500 B, IVE
2.21% Growth S&P 500/BARRA, IVW
2.20% S&P 500 iS LargeCap Blend, IVV
2.19% LargeCap Blend S&P 100, OEF
2.19% LargeCap VIPERs, VV
2.19% LargeCap Blend Russell 3000, IWV
2.18% Japan Index, EWJ
2.17% LargeCap 1000 R, IWB
2.16% Silver Trust iS, SLV
2.15% Blend Total Market VIPERs, VTI
2.13% Consumer Discretionary SPDR, XLY
2.12% Latin Am 40, ILF
2.12% Turkey MSCI iS, TUR
2.11% Growth 1000 Russell, IWF
2.10% Growth VIPERs, VUG
2.10% Technology SPDR, XLK
2.08% South Africa Index, EZA
2.07% Utilities SPDR, XLU
2.07% Technology DJ US, IYW
2.06% India Earnings WTree, EPI
2.04% India PS, PIN
2.04% Malaysia Index, EWM
2.03% Value MidCap S&P 400 B, IJJ
2.02% MidCap Russell, IWR
2.01% Transportation Av DJ, IYT
2.00% Value SmallCap VIPERS, VBR
2.00% MidCap S&P 400 iS, IJH
2.00% Mexico Index, EWW
2.00% Growth MidCap Russell, IWP
1.98% Industrial SPDR, XLI
1.97% Telecom DJ US, IYZ
1.95% MidCap S&P 400 SPDRs, MDY
1.94% Info Tech VIPERs, VGT
1.94% DIAMONDS (DJIA), DIA
1.93% Water Resources, PHO
1.92% Commodity Tracking, DBC
1.91% Biotech SPDR, XBI
1.91% Small Cap VIPERs, VB
1.89% Health Care SPDR, XLV
1.88% Growth LargeCap NASDAQ 100, QQQQ
1.81% Value SmallCap S&P 600, RZV
1.80% Canada Index, EWC
1.79% Dividend Appreciation Vipers, VIG
1.79% Growth MidCap 400 B, IJK
1.79% Utilities VIPERs, VPU
1.74% SmallCap Russell 2000, IWM
1.73% Value LargeCap Dynamic PS, PWV
1.72% Value SmallCap S&P 600 B, IJS
1.69% Growth SmallCap R 2000, IWO
1.68% Value SmallCap Russell 2000, IWN
1.67% Growth SmallCap VIPERs, VBK
1.61% Dividend SPDR, SDY
1.60% Growth BARRA Small Cap 600, IJT
1.60% Dividend High Yield Equity PS, PEY
1.60% SmallCap S&P 600, IJR
1.58% Dividend DJ Select, DVY
1.58% Semiconductor SPDR, XSD
1.54% Semiconductor iS GS, IGW
1.53% Networking, IGN
1.21% Thailand MSCI iS, THD
1.20% WilderHill Clean Energy PS, PBW
1.15% Consumer Staples SPDR, XLP
1.02% Microcap Russell, IWC
0.68% Indonesia MV, IDX
0.64% Financial Preferred, PGF
0.30% Bond Ex-US Treas, BWX
0.04% Gold Shares S.T., GLD
0.04% Agriculture DB PS, DBA
0.04% Bond EmrgMkt JPM iS, EMB
0.00% Bond, TIPS, TIP
-0.11% Bond, 1-3 Year Treasury, SHY
-0.16% Bond, High-Yield Corporate, HYG
-0.16% Bond Muni ATM-Free S&P iS, MUB
-0.41% Bond, Aggregate, AGG
-0.51% Preferred Stock iS, PFF
-0.57% Bond, 10 Year Treasury, IEF
-0.61% Bond, Corp, LQD
-1.72% Bond, 20+ Years Treasury, TLT
