Highlights based on trading on Wednesday, May 16, 2012:
Both stocks and commodities are demonstrating trend weakness, while U.S. Treasury Notes and Bonds demonstrate trend strength. Investors are choosing safety over risk.
The S&P 500 (SPX: 1,324.80) fell 5.86 points or 0. 44% on Wednesday to its lowest closing price in 15 weeks, since 2/3/12. SPX has now lost 6.64% from its high of 1,419.04 on 4/2/12, based on closing prices.
NYSE trading volume rose 4%. Volume has been increasing when stock prices decline and decreasing when stock prices advance, suggesting that selling pressure is greater than buying pressure.
SPX fell further below its 50-day SMA. SPX first fell below its 50-day SMA on Friday, 5/4/12, and has remained below it every day since.
Popular momentum indicators based on the SPX daily close price have been relatively weak and are still falling to lower lows. RSI(14) fell to 29.67 and has been relatively bearish since it closed at 75.38 on 2/9/12. Stochastic(14,3,3) fell to 1.56, down from 90.04 on 4/30/12. MACD(12,26,9) fell to -12.51, is below its Signal Line, and is down from 19.08 on 2/9/12.
Probabilities appear to favor further downside risk for the stock market.
The following ETFs, ranked by Relative Strength, with the weakest at the bottom of the list, closed below their closing price lows of the previous 13 weeks:
QQQ Nasdaq 100 Trust, QQQ
Technology SPDR, XLK
LargeCap Growth S&P 500 iS, IVW
Growth VIPERs, VUG
LargeCap Growth Russell 1000 iS, IWF
Info Tech VIPERs, VGT
Technology DJ US, IYW
LargeCap Blend S&P 100, OEF
DIAMONDS (DJIA), DIA
MidCap Growth S&P 400 iS, IJK
Value LargeCap Dynamic PS, PWV
Dividend Appreciation Vipers, VIG
SmallCap Blend S&P 600 iS, IJR
S&P 500 SPDRs LargeCap Blend, SPY
LargeCap Blend S&P 500 iS, IVV
LargeCap Blend Russell 1000 iS, IWB
LargeCap VIPERs, VV
MidCap S&P 400 SPDRs, MDY
Blend Total Market VIPERs, VTI
LargeCap Blend Russell 3000 iS, IWV
MidCap Blend S&P 400 iS, IJH
Growth MidCap Russell, IWP
Dividend SPDR, SDY
Growth SmallCap VIPERs, VBK
SmallCap Value S&P 600 iS, IJS
MidCap Value S&P 400 iS, IJJ
MidCap Russell, IWR
Bond, Emerg Mkt JPM iS, EMB
Dividend High Yield Equity PS, PEY
Small Cap VIPERs, VB
Value VIPERs, VTV
Value MidCap Russell, IWS
Microcap Russell, IWC
LargeCap Value Russell 1000 iS, IWD
Preferred Stock iS, PFF
LargeCap Blend S&P=Weight R, RSP
LargeCap Value S&P 500 iS, IVE
Financial DJ US, IYF
Value SmallCap VIPERS, VBR
SmallCap Growth Russell 2000 iS, IWO
Industrial SPDR, XLI
SmallCap Blend Russell 2000 iS, IWM
SmallCap Value Russell 2000 iS, IWN
Financials VIPERs, VFH
Water Resources, PHO
Bond, High-Yield Junk, JNK
Financial SPDR, XLF
Bond Ex-US Treas, BWX
Financial Services DJ, IYG
Malaysia Index, EWM
Mexico Index, EWW
Global LargeCap Blend MSCI iS, ACWI
Telecom DJ US, IYZ
Frontier Markets Guggenheim , FRN
Singapore Index, EWS
Global 100, IOO
United Kingdom Index, EWU
Semiconductor iS IGW, SOXX
Switzerland Index, EWL
Dividend International, PID
Gold Shares S.T., GLD
Hong Kong Index, EWH
Materials SPDR, XLB
Growth EAFE MSCI, EFG
Capital Markets KWB ST, KCE
Indonesia MV, IDX
Chile MSCI iS, ECH
Pacific ex-Japan, EPP
Belgium Index, EWK
Energy DJ, IYE
SmallCap Blend EAFE MSCI iS, SCZ
South Korea Index, EWY
Oil Fund PowerShares, DBO
Energy SPDR, XLE
Energy VIPERs, VDE
Australia Index, EWA
Oil, Crude, U.S. Oil Fund, USO
Germany Index, EWG
Taiwan Index, EWT
Pacific VIPERs, VPL
Foreign LargeCap EAFE MSCI iS, EFA
Dividend ex-U.S. DJ iS, IDV
Japan Index, EWJ
Energy Global, IXC
Global ex U.S. LargeCap Blend, ACWX
Basic Materials DJ US, IYM
Europe 350 S&P Index, IEV
Emerging Markets MSCI iS, EEM
Netherlands Index, EWN
Semiconductor SPDR, XSD
Emerging VIPERs, VWO
Canada Index, EWC
Sweden Index, EWD
European VIPERs, VGK
Value EAFE MSCI, EFV
Emerging 50 BLDRS, ADRE
China 25 iS, FXI
Latin Am 40, ILF
Networking, IGN
China LargeCap Growth G D H USX PS, PGJ
Energy & Nat Res iS GS, IGE
France Index, EWQ
EMU Europe Index, EZU
Austria Index, EWO
Silver Trust iS, SLV
Brazil Index, EWZ
India PS, PIN
Russia MV, RSX
India Earnings WTree, EPI
Metals & Mining SPDR, XME
Italy Index, EWI
Spain Index, EWP
WilderHill Clean Energy PS, PBW
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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:
Full report available by subscription only (click here).
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Stock Market Indicators
The Dow Theory reconfirmed a downside Secondary Reaction on 5/14/12 when both Industrials and Transports fell below their lows of the previous 4 weeks.
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below its lows of the previous 3 years on 5/16/12, 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 3 years on 5/16/12, 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 5/16/12. 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 5 weeks on 5/16/12. Systematically, OEX/SPX remains bullish: above its 50-day SMA, above its 200-day SMA, and with the 50-day SMA above the 200-day SMA. 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.
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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
1415.32, high of 5/1/2012
1388.71, low of 5/3/2012
1384.05, 50-day SMA
1381.50, Fibonacci 78.6% of 2007-2009 range
1340.34, Fibonacci 23.6% R of 2011-12 range
The S&P 500 Composite Potential Support
1300.49, low of 1/30/2012
1289.59, Fibonacci 38.2% R of 2011-12 range
1277.58, low of 1/13/2012
1265.26, low of 1/5/2012
1262.30, low of 12/27/2011
1277.79, 200-day SMA
1257.58, Fibonacci 61.8% of 2011 range
1248.58, Fibonacci 50.0% R of 2011-12 range
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 11/3/2011
1231.04, high of 12/16/2011
1226.64, low of 11/9/2011
1222.68, Fibonacci 50% of 2011 range
1224.57, high of 12/19/2011
1215.20, low of 12/16/2011
1207.56, Fibonacci 61.8% R of 2011-12 range
1204.49, Fibonacci 23.6% of 2009-11 range
1202.37, low of 12/19/2011
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
1149.16, Fibonacci 78.6% R of 2011-12 range
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) 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 117.44, 115.69, 114.82, 109.69, 106.08, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance 123.05 and 123.43.
Bond, iShares Barclays 7-10 Year U.S. Treasury ETF (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 105.85, 105.22, 104.77, 103.90, 102.51, 101.77, 101.36, 101.11, 99.79, and 97.66. Resistance none.
Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) fell below its lows of the previous 5 months on 5/16/12. Systematically, JNK/LQD remains neutral: below its 50-day SMA, below its 200-day SMA, but the 50-day SMA has been above the 200-day SMA every day since 4/16/12.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) turned down after 3/19/12 and fell below its lows of the previous 3 months on 5/16/12. Systematically, TIP/IEF remains neutral: below its 50-day SMA, below its 200-day SMA, and the 50-day SMA has been above the 200-day SMA every day since 3/14/12.
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) closed above its closing price highs of the previous 3 months on 5/16/12. UUP remains systematically bullish: above its 50-day SMA, above its 200-day SMA, and with the 50-day SMA above the 200-day SMA. Support 22.14, 21.89, 21.74, 21.58, 21.07, and 20.84. Resistance 22.85, 23.52, 25.84, 27.19, 28.97.
CRB Commodity Price Index fell below its lows of the previous 19 months on 5/14/12, for another a bearish trend confirmation. 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 20 months on 5/14/12, 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 6 months on 5/16/12. USO still looks bearish on the chart. Systematically, USO remains neutral: below its 50-day SMA, below its 200-day SMA, but the 50-day SMA has remained above the 200-day SMA consistently every day since 1/3/12. Support 34.54, 32.52, 29.10, 26.28, and 22.74. Resistance 36.79, 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) fell further below its lows of the previous 4 months on 5/16/12. Systematically, GLD turned bearish on 4/17/12, when its 50-day SMA crossed below its 200-day SMA. Support: 148.27, 147.19, 143.97, 143.42, and 142.55. Resistance: 155.57, 162.18, 163.20, 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 its lows of the previous 3 years on 5/15/12, 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) fell below its lows of the previous 4 months on 5/16/12. 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 25.65 and 24.44. Resistance: 28.60, 30.52, 31.64, 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) fell below its lows of the previous 4 months on 5/16/12, reconfirming a downtrend for the medium term. 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) broke down below its lows of the previous 4 months on 5/16/12. JJC fell below its 200-day SMA on 5/3/12 and fell below its 50-day SMA on 5/2/12. 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
7.46% , LM , LEGG MASON
3.61% , DRI , DARDEN REST
1.57% , VIA.O , VIACOM INC. (New)
3.34% , HMA , HEALTH MGMT STK A
2.92% , GOOG , Google
4.91% , GT , GOODYEAR TIRE
3.26% , GE , GENERAL ELECTRIC
1.20% , CMS , CMS ENERGY
0.26% , PJP , Pharmaceuticals, PJP
1.73% , LUV , SOUTHWEST AIRLS
1.67% , AZO , AUTOZONE
1.47% , TIF , TIFFANY
1.35% , MRVL , MARVELL TECHNOLOGY
1.46% , TUR , Turkey MSCI iS, TUR
2.17% , WPO , Washington Post
1.39% , GNTX , Gentex Corporation
1.33% , LBTYA , Liberty Global Inc. (LBTYA)
1.30% , MRK , MERCK & CO
0.88% , VRSN , VeriSign Inc
1.03% , XEL , XCEL ENERGY
0.82% , ABC , AMERISOURCEBERGN
1.63% , DPS , Dr Pepper Snapple Group
2.16% , MU.O , MICRON TECH
0.44% , TGT , TARGET
0.33% , FPX , IPOs, First Tr IPOX-100, FPX
1.53% , IGT , INTL GAME TECH
1.10% , ALTR , ALTERA
1.02% , WHR , WHIRLPOOL
0.80% , WPI , WATSON PHARM
1.17% , COH , COACH
0.69% , HRB , H&R BLOCK
0.58% , ECL , ECOLAB
0.44% , DGX , QUEST DIAG
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-19.72% , JCP , JC PENNEY
-8.11% , VMC , VULCAN MATERIALS
-4.95% , LRCX , LAM RESEARCH CORP
-4.54% , SNDK , SanDisk Corporation
-1.09% , MTK , Technology MS sT, MTK
-5.69% , SPLS , STAPLES
-0.80% , XSD , Semiconductor SPDR, XSD
-4.97% , NVLS , NOVELLUS SYS
-0.88% , PIC , Insurance, PIC
-4.33% , DYN , DYNEGY
-5.10% , KLAC , KLA TENCOR
-0.44% , DGT , Global Titans, DGT
-2.29% , PGR , PROGRESSIVE OHIO
-0.51% , IVE , Value S&P 500 B, IVE
-3.79% , QCOM , QUALCOMM
-1.09% , KCE , Capital Markets KWB ST, KCE
-0.43% , ISI , LargeCap Blend S&P 1500 iS, ISI
-3.45% , EWY , South Korea Index, EWY
-4.54% , LVLT.K , LEVEL 3 COMMUNICATIONS
-0.66% , IYZ , Telecom DJ US, IYZ
-3.18% , DE , DEERE & CO
-2.13% , HGSI , Human Genome Sciences Inc
-0.85% , IWS , Value MidCap Russell, IWS
-4.33% , STLD , Steel Dynamics, STLD
-2.30% , TYC , TYCO INTL
-0.93% , ONEQ , Growth LargeCap NASDAQ Fidelity, ONEQ
-1.53% , PIN , India PS, PIN
-2.50% , JNY , JONES APPAREL
-3.24% , LNC , LINCOLN NATL
-4.76% , MET , METLIFE
-2.70% , AMP , Ameriprise Financial Inc.
-0.79% , EFG , Growth EAFE MSCI, EFG
-0.64% , SCZ , Small Cap EAFE MSCI iS, SCZ
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
1.46% Turkey MSCI iS, TUR
1.09% Agriculture DB PS, DBA
0.69% South Africa Index, EZA
0.48% Bear, Short S&P 500, SH
0.33% Consumer Staples SPDR, XLP
0.29% Bond, 20+ Years Treasury, TLT
0.16% Health Care SPDR, XLV
0.14% Utilities SPDR, XLU
0.13% Biotech SPDR, XBI
0.09% Utilities VIPERs, VPU
0.07% Bond, 10 Year Treasury, IEF
0.05% Bond, Corp, LQD
-0.01% Bond Treasury Short-Term iS, SHV
-0.01% Bond, 1-3 Year Treasury, SHY
-0.02% Bond, Aggregate, AGG
-0.04% Dividend Appreciation Vipers, VIG
-0.05% France Index, EWQ
-0.05% Bond Muni ATM-Free S&P iS, MUB
-0.06% Financial Preferred, PGF
-0.07% Austria Index, EWO
-0.10% Transportation Av DJ, IYT
-0.10% DIAMONDS (DJIA), DIA
-0.10% Preferred Stock iS, PFF
-0.11% Dividend High Yield Equity PS, PEY
-0.11% Commodity Tracking, DBC
-0.11% Industrial SPDR, XLI
-0.15% Dividend DJ Select, DVY
-0.15% Value LargeCap Dynamic PS, PWV
-0.16% Consumer Discretionary SPDR, XLY
-0.18% LargeCap Blend S&P 100, OEF
-0.19% Gold Shares S.T., GLD
-0.19% Brazil Index, EWZ
-0.20% Bond, TIPS, TIP
-0.20% Frontier Markets Guggenheim , FRN
-0.22% Dividend SPDR, SDY
-0.31% Switzerland Index, EWL
-0.32% Growth S&P 500/BARRA, IVW
-0.35% Russia MV, RSX
-0.37% Growth VIPERs, VUG
-0.37% Energy DJ, IYE
-0.37% S&P 500 iS LargeCap Blend, IVV
-0.38% Growth 1000 Russell, IWF
-0.38% S&P 500 SPDRs LargeCap Blend, SPY
-0.38% Value VIPERs, VTV
-0.39% Bond EmrgMkt JPM iS, EMB
-0.39% Bond Ex-US Treas, BWX
-0.39% Germany Index, EWG
-0.39% LargeCap VIPERs, VV
-0.40% LargeCap 1000 R, IWB
-0.42% Energy Global, IXC
-0.45% Belgium Index, EWK
-0.45% Energy VIPERs, VDE
-0.45% Value 1000 Russell, IWD
-0.46% LargeCap Blend Russell 3000, IWV
-0.47% Blend Total Market VIPERs, VTI
-0.50% Growth MidCap Russell, IWP
-0.51% Value S&P 500 B, IVE
-0.53% Growth SmallCap VIPERs, VBK
-0.56% Growth SmallCap R 2000, IWO
-0.57% Energy SPDR, XLE
-0.57% Growth BARRA Small Cap 600, IJT
-0.59% Global 100, IOO
-0.63% EMU Europe Index, EZU
-0.64% Small Cap EAFE MSCI iS, SCZ
-0.65% Oil, Crude, U.S. Oil Fund, USO
-0.66% LargeCap Blend S&P=Weight R, RSP
-0.66% Telecom DJ US, IYZ
-0.66% Water Resources, PHO
-0.67% Small Cap VIPERs, VB
-0.68% Growth MidCap 400 B, IJK
-0.68% QQQ Nasdaq 100 Trust, QQQ
-0.69% Europe 350 S&P Index, IEV
-0.69% Energy & Nat Res iS GS, IGE
-0.70% European VIPERs, VGK
-0.71% Latin Am 40, ILF
-0.71% Oil Fund PowerShares, DBO
-0.71% SmallCap Russell 2000, IWM
-0.74% China LargeCap Growth G D H USX PS, PGJ
-0.74% Canada Index, EWC
-0.74% MidCap Russell, IWR
-0.75% Emerging 50 BLDRS, ADRE
-0.78% Value SmallCap VIPERS, VBR
-0.78% Value SmallCap Russell 2000, IWN
-0.79% Growth EAFE MSCI, EFG
-0.80% SmallCap S&P 600, IJR
-0.80% Homebuilders SPDR, XHB
-0.80% Semiconductor SPDR, XSD
-0.81% Technology SPDR, XLK
-0.83% Mexico Index, EWW
-0.84% MidCap S&P 400 iS, IJH
-0.85% Info Tech VIPERs, VGT
-0.85% Value MidCap Russell, IWS
-0.86% Italy Index, EWI
-0.87% Value SmallCap S&P 600 B, IJS
-0.87% Microcap Russell, IWC
-0.88% MidCap S&P 400 SPDRs, MDY
-0.90% Dividend International, PID
-0.92% United Kingdom Index, EWU
-0.95% Bond, High-Yield Junk, JNK
-0.97% Technology DJ US, IYW
-0.98% Bond, High-Yield Corporate, HYG
-0.98% Value MidCap S&P 400 B, IJJ
-0.99% EAFE Index, EFA
-1.06% Netherlands Index, EWN
-1.09% Materials SPDR, XLB
-1.09% Capital Markets KWB ST, KCE
-1.10% REIT VIPERs, VNQ
-1.11% Japan Index, EWJ
-1.11% Global ex US ACWI iS, ACWX
-1.21% REIT Wilshire, RWR
-1.22% Real Estate US DJ, IYR
-1.24% Financial Services DJ, IYG
-1.26% Realty Cohen & Steers, ICF
-1.27% Financial DJ US, IYF
-1.34% Value EAFE MSCI, EFV
-1.34% Financials VIPERs, VFH
-1.42% Emerging Markets, EEM
-1.46% Financial SPDR, XLF
-1.46% Basic Materials DJ US, IYM
-1.47% Thailand MSCI iS, THD
-1.47% Pacific VIPERs, VPL
-1.48% Indonesia MV, IDX
-1.52% Hong Kong Index, EWH
-1.53% India PS, PIN
-1.53% Spain Index, EWP
-1.54% Semiconductor iS IGW, SOXX
-1.55% Sweden Index, EWD
-1.56% Networking, IGN
-1.59% Emerging VIPERs, VWO
-1.59% India Earnings WTree, EPI
-1.74% Chile MSCI iS, ECH
-1.83% Silver Trust iS, SLV
-1.88% Singapore Index, EWS
-2.00% Malaysia Index, EWM
-2.02% Taiwan Index, EWT
-2.03% Pacific ex-Japan, EPP
-2.22% Australia Index, EWA
-2.28% China 25 iS, FXI
-2.35% Metals & Mining SPDR, XME
-2.62% WilderHill Clean Energy PS, PBW
-3.45% South Korea Index, EWY