The recent 7-day stock price decline suggests normal profit-taking on news of generally strong earnings reports. Normal behavior in a bull market is for prices to run up before expected good news then sell off on release of the actual news.
S&P 500 Composite (SPX) fell below the lows of the previous 11 weeks. SPX fell 5.71% over the past 7 trading days, from a high close on 1/19/10 to the close on 1/28/10. That was the 4th decline in the 5% to 10% range since the bottom on 3/9/09 (based on closing prices only). The largest decline was 7.09% over 28 calendar days from 6/12/09 to 7/10/09. Price pullbacks lasting a few days to a few weeks and declining less than 10% are common in Bull Markets. For example, there were 9 declines more than 5% but less than 10% from the low in March 2003 to the bull market top in October 2007. There were no pullbacks of as much as 10%, and no pullback lasted as long as 3 months. SPX closed below its 50-day simple moving average on 1/22/10 but remains well above its more significant rising 200-day simple moving average. Support 1066.83 and 1036.31. Resistance 1121.44, 1131.32 and 1150.45.
Health Care Stock Sector Relative Strength Ratio (XLV/SPY) rose above 6-month highs.
Consumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) rose above 4-week highs, but absolute price of XLY fell below 6-week lows.
Industrial Stock Sector absolute price fell below 9-week lows.
Technology Stock Sector Relative Strength Ratio (XLK/SPY) fell below the lows of the previous 3 months. Absolute price of XLK fell below 12-week lows.
Consumer Staples Stock Sector Relative Strength Ratio (XLP/SPY) rose above the highs of the previous 6 weeks.
Materials Stock Sector Relative Strength Ratio (XLB/SPY) fell below the lows of the previous 6 months. Absolute price of XLB fell below the lows of the previous 12 weeks.
Energy Stock Sector absolute price fell below the lows of the previous 7 weeks.
Utilities Stock Sector absolute price fell below the lows of the previous 8 weeks.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 7 months. Absolute price of EFA fell below the lows of the previous 12 weeks.
CRB Index of commodity prices fell below 3-month lows.
Gold broke down below 3-month lows.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) fell below 6-month lows.
Silver/Gold Ratio fell below 5-month lows.
Copper fell below 7-week lows.
Falling commodity prices suggest doubts about global economic prospects.
The U.S. dollar rose above 5-month highs.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
24.63% , EK , EASTMAN KODAK
7.62% , GNTX , Gentex Corporation
10.21% , DLX , DELUXE
10.27% , SIRI , Sirius Satellite
5.11% , CAH , CARDINAL HEALTH
1.40% , OXY , OCCIDENTAL
2.67% , AMZN , Amazoncom Inc
2.27% , DRI , DARDEN REST
5.05% , QID , Short 200% QQQ PS, QID
1.94% , GNW , GENWORTH FINANCIAL
1.74% , CTXS , CITRIX SYSTEMS
1.43% , PG , PROCTER & GAMBLE
1.15% , CHKP , Check Point Software Technologies Ltd
0.39% , DLTR , Dollar Tree Stores Inc
1.56% , CCL , CARNIVAL STK A
1.85% , LEN , Lennar Corp. (LEN)
2.14% , DXD , Short 200% Dow 30 PS, DXD
1.42% , CPB , CAMPBELL SOUP
2.25% , HBAN , HUNTINGTON
0.45% , STI , SUNTRUST BANKS
0.03% , PEJ , Leisure & Entertainment, PEJ
1.40% , RIMM , RESEARCH IN MOTION LTD
1.68% , KEY , KEYCORP
0.67% , ADM , ARCHER DANIELS
1.13% , SH , Short 100% S&P 500, SH
0.66% , FITB , FIFTH THIRD BANC
1.61% , STJ , ST JUDE MEDICAL
0.63% , BDX , BECTON DICKINSON
0.18% , TBH , Telebras HOLDRS, TBH
0.28% , ILF , Latin Am 40, ILF
0.59% , AMGN , AMGEN
0.62% , GCI , GANNETT
0.57% , UNH , UNITEDHEALTH GRP
0.57% , JNJ , JOHNSON&JOHNSON
0.60% , GIS , GENERAL MILLS
0.62% , APC , ANADARKO PETRO
0.95% , MBI , MBIA
2.40% , PSQ , Short 100% QQQ, PSQ
4.21% , RF , REGIONS FINAN
0.14% , CNP , CENTERPNT ENERGY
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-14.24% , QCOM , QUALCOMM
-11.12% , BDH , Broadband H, BDH
-12.43% , MOT , MOTOROLA
-7.11% , JNY , JONES APPAREL
-8.85% , BC , BRUNSWICK
-6.76% , TXT , TEXTRON
-6.41% , CTB , COOPER TIRE
-1.29% , JKK , Growth SmallCap iS M, JKK
-3.33% , IGN , Networking, IGN
-2.35% , FEZ , Euro STOXX 50, FEZ
-7.50% , TER , TERADYNE
-4.51% , FMCN , Focus Media, FMCN
-6.45% , SYMC , SYMANTEC
-2.72% , EWI , Italy Index, EWI
-6.08% , LRCX , LAM RESEARCH CORP
-2.60% , EWO , Austria Index, EWO
-3.86% , TROW , T ROWE PRICE GP
-5.06% , ZMH , ZIMMER HLDGS
-1.86% , EFG , Growth EAFE MSCI, EFG
-9.17% , LSI , LSI LOGIC
-5.03% , PWER , POWER ONE
-2.10% , EFV , Value EAFE MSCI, EFV
-0.96% , PXN , Nanotech Lux, PXN
-2.48% , PSI , Semiconductors, PSI
-4.77% , KLAC , KLA TENCOR
-1.28% , PXQ , Networking, PXQ
-2.35% , EWQ , France Index, EWQ
-5.25% , JBL , JABIL CIRCUIT
-2.91% , DYN , DYNEGY
-0.46% , RPV , Value S&P 500, RPV
-3.23% , URBN , Urban Outfitters Inc.
-2.03% , VAW , Materials VIPERs, VAW
-1.53% , MTK , Technology MS sT, MTK
-0.91% , PTE , Telecommunications & Wireless, PTE
-2.78% , ADSK , AUTODESK
-1.78% , IXN , Technology Global, IXN
-4.99% , QLD , Ultra QQQ Double, QLD
-4.64% , NSC , NORFOLK SOUTHERN
-4.53% , BRCM , BROADCOM STK A
-0.63% , EWK , Belgium Index, EWK
9 major U.S. stock sectors ranked in order of long-term relative strength:
Health Care (XLV) Bullish, Overweight. The Relative Strength Ratio (XLV/SPY) rose above 6-month highs on 1/28/10. XLV/SPY remains above its rising 50- and 200-day simple moving averages. Absolute price of XLV traded above its highs of the previous 15 months on 1/20/10. Support 31.31, 31.07 and 30.88. Resistance 33.16, 33.37 and 33.74.
Consumer Discretionary (XLY) Bullish, Overweight. The Relative Strength Ratio (XLY/SPY) rose above 4-week highs on 1/28/10. XLY/SPY remains above its rising 50- and 200-day simple moving averages. Absolute price of XLY fell below 6-week lows on 1/28/10, is below its 50-day simple moving average, and remains above its 200-day simple moving average. Support 28.73 and 28.29. Resistance 30.38, 30.54, 31.95 and 33.76.
Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) has moderately outperformed since the market bottom on 3/6/09. XLI/SPY remains moderately above rising 50-day and 200-day simple moving averages. Absolute price of XLI fell below 9-week lows on 1/28/10, is below its 50-day simple moving average, and remains above its 200-day simple moving average. Support 27.46 and 26.93. Resistance 28.25, 29.61, 30.56 and 32.00.
Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) fell below the lows of the previous 3 months on 1/28/10. XLK /SPY fell below its 50-day simple moving average on 1/11/10 and fell below its rising 200-day simple moving average on 1/28/10. Absolute price of XLK fell below 12-week lows on 1/28/10. Price broke down below its 50-day simple moving average on 1/22/10 but remains above its rising 200-day simple moving average. Support 20.46 and 20.09. Resistance 22.05, 22.59, 22.87, and 23.05.
Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) rose above the highs of the previous 6 weeks on 1/28/10 and above its 50-day simple moving average on 1/22/10. XLP/SPY is only slightly below its falling 200-day simple moving average. Absolute price of XLP fell below the lows of the previous 5 weeks on 1/26/10 but appears to be firming since. Support 26.16, 25.96 and 25.77. Resistance 27.04, 27.18 and 29.29.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY ) fell below the lows of the previous 6 months on 1/28/10. XLB/SPY fell below both 50- and 200-day simple moving averages on 1/21/10 and has continued to decline. Absolute price of XLB fell below the lows of the previous 12 weeks on 1/28/10. Support 28.95 and 28.67. Resistance 32.57, 33.73 and 34.52.
Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) fell below the lows of the previous 5 weeks on 1/27/10. XLE/SPY fell below its 50-day and 200-day simple moving averages on 1/26/10. Absolute price of XLE fell below the lows of the previous 7 weeks on 1/28/10. Support 54.8 and 54.17. Resistance 57.72, 58.52 and 59.90.
Utilities (XLU) Neutral, Market Weight. The Relative Strength Ratio (XLU/SPY) may be attempting to stabilize since probing 2-year lows on 11/18/09. XLU/SPY remains below both its 50-day and 200-day simple moving averages. Absolute price of XLU fell below the lows of the previous 8 weeks on 1/28/10. Support 29.37 and 28.10. Resistance 31.30, 31.64 and 32.08.
Financial (XLF) Bearish, Underweight. The Relative Strength Ratio (XLF/SPY) has been in a downward correction since 10/14/09 and fell below the lows of the previous 3 weeks on 1/26/10. XLF/SPY is in a weak position, below both 50- and 200-day simple moving averages. Absolute price of XLF has been in a correction/consolidation phase since 10/14/09 and fell below the lows of the previous 5 weeks on 1/22/10. Support 13.78 and 13.62. Resistance 14.68, 15.40 and 15.76.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below the lows of the previous 4 months on 1/27/10. EEM/SPY is below both its 50-day and 200-day simple moving averages. Absolute price of EEM fell below the lows of the previous 12 weeks on 1/27/10. EEM has underperformed the SPY since 10/14/09.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 7 months on 1/28/10. EFA /SPY is below both its 50-day simple moving average and its 200-day simple moving average. Absolute price of EFA fell below the lows of the previous 12 weeks on 1/28/10 but remains above its rising 200-day simple moving average. EFA has underperformed the SPY since 9/9/09.
NASDAQ Composite/S&P 500 Relative Strength Ratio rose above its highs of the previous 8-years on 1/4/10 and remains above its rising 50- and 200-day simple moving averages. Absolute price fell below its 50-day simple moving average on 1/22/10 but remains above its rising 200-day simple moving average.
Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) has been performing sideways/neutral for most of the past 10 months, since March 2009. Longer term, IWF/IWD has been bullish since 8/8/06.
Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) has been performing sideways/neutral for most of the past 8 months, since May 2009. Longer term, IWD/SPY has been bearish since 3/22/07, and we assume that major trends continue–until proved otherwise.
The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) rose further above previous 6-year highs on 1/8/10. RSP/SPY remains above its rising 50- and 200-day simple moving averages. Absolute price of RSP rose to a new 15-month closing price high on 1/8/10, then broke down below 5-week lows on 1/28/10.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) fell further below the lows of the previous 3 months on 12/22/09. OEX/SPX remains below its falling 50- and 200-day simple moving averages.
The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) rose to a new 3-month high on 1/22/10 and remains above both its 50- and 200-day simple moving averages. Absolute price of IWM fell below 5-week lows on 1/28/10 after rising above 15-month highs on 1/8/10, indicating a short-term correction within a long-term uptrend.
The Mid Cap/Large Cap Relative Strength Ratio (MDY/SPY) rose above the highs of the previous 4 months on 1/22/10. MDY/SPY remains above its 50- and 200-day simple moving averages. Absolute price of MDY fell below 6-week lows on 1/28/10.
CRB Index of commodity prices fell below 3-month lows on 1/28/10.
Crude Oil nearest futures contract price fell below 6-week lows on 1/27/10. Oil is below its 50-day simple moving average but well above its rising 200-day simple moving average. Support 72.45, 68.59, and 65.05. Resistance 75.52, 77.06, 79.47, 80.36, 83.95, 85.82 and 98.65.
Gold nearest futures contract price broke down below 3-month lows on 1/28/10. Gold is below its 50-day simple moving average but well above its rising 200-day simple moving average. Support 1073.2, 1070.2 and 1026.9. Resistance 1104.0, 1163.0, 1170.2, 1196.8 and 1226.4.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) fell below 6-month lows on 1/28/10 after falling below both 50- and 200-day simple moving averages on 1/15/10. The gold mining stocks have underperformed gold bullion since 9/17/09.
Silver/Gold Ratio fell below 5-month lows on1/28/10. It fell sharply since 1/19/10, breaking below both 50- and 200-day simple moving averages. Weakness in this Ratio suggests new doubts about prospects for the world economy.
Copper nearest futures contract price fell below 7-week lows on 1/28/10. Falling copper prices suggest doubts about global economic prospects. Support 3.06 and 2.966. Resistance 3.267, 3.47, 3.544, 3.5625, 3.5625, and 3.79.
U.S. Treasury Bond nearest futures contract price has been consolidating gains after rising above 5-week highs on 1/26/10 and thereby confirming the short-term trend as bullish. The Bond is above its 50-day simple moving average but is still a little below its 200-day simple moving average. Support 117.20, 116.22, 115.24, 114.16, 113.04 and 112.15. Resistance 119.08 and 120.08.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) is above its rising 50- and 200-day simple moving averages. Absolute price of JNK fell below 6-week lows and broke down below its 50-day simple moving average on 1/22/10 but quickly popped back above it. JNK price remains above its rising 200-day simple moving average.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) rose to another new 15-month high on 1/7/10, again confirming a bullish long-term trend. TIP/IEF remains above rising 50- and 200-day simple moving averages. Bond investors may be growing increasingly concerned about the inflation outlook, despite assurances of tame inflation by economists.
The U.S. dollar nearest futures contract price rose above 5-month highs on 1/28/10. USD has been holding above its rising 50-day simple moving average and crossed above its falling 200-day simple moving average on 1/27/10. Support 78.20, 76.74 and 75.90. Resistance 79.695 and 81.795.
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 40.0% Bulls versus 23.3% Bears as of 1/27/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio collapsed to a neutral 1.72, down from 3.36 on 1/13/10, which was the highest ratio of bullish sentiment in 6 years. The 20-year range of the ratio is 0.41 to 3.74, the median is 1.50, and the mean is 1.57.
VIX Fear Index jumped to 27.31 on 1/22/10, up from 17.55 on 1/11/10, which was its lowest level in 26 months. VIX is down from a closing high of 80.86 set on 11/20/08. 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 to 28.37 on 1/22/10, up from 17.73 on 1/14/10, which was its lowest level in 26 months. VXN is down from a closing high of 80.64 set on 11/20/08. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.
ISEE Call/Put Ratio fell to 0.67 on 1/26/10, down from 1.68 on 1/11/10, indicating a shift to pessimism from optimism. The ratio’s 6-year mean is 1.41, its median is 1.36, and its range is 0.51 to 3.16.
CBOE Put/Call Ratio rose to 0.75 on 1/22/10, up from 0.49 on 1/8/10, indicating a shift to moderate pessimism from optimism. The ratio’s 6-year mean is 0.66, its median is 0.64, and its range is 0.35 to 1.35.
The Dow Theory last confirmed a Bullish Major Trend on 1/11/10, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 14 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 signal reversed the previous 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) fell below the lows of the previous 11 weeks. SPX fell 5.71% over the past 7 trading days, from a high close on 1/19/10 to the close on 1/28/10. That was the 4th decline in the 5% to 10% range since the bottom on 3/9/09 (based on closing prices only). The largest decline was 7.09% over 28 calendar days from 6/12/09 to 7/10/09. Price pullbacks lasting a few days to a few weeks and declining less than 10% are common in Bull Markets. For example, there were 9 declines more than 5% but less than 10% from the low in March 2003 to the bull market top in October 2007. There were no pullbacks of as much as 10%, and no pullback lasted as long as 3 months. SPX closed below its 50-day simple moving average on 1/22/10 but remains well above its more significant rising 200-day simple moving average. Support 1066.83 and 1036.31. Resistance 1121.44, 1131.32 and 1150.45.
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
1158.76, EW ABC measured move target
1150.45, high of 1/19/2010
1131.32, low of 1/7/2010
1121.44, Gann 50.0% of 2007-2009 range
S&P 500 Cash Index Potential Support
1066.83, high of 10/29/2009
1036.31, Fibonacci 23.6% of 2009-2010 range
1029.54, Gann 25.0% of 2009-2010 range
1029.38, low of 11/2/2009
1019.95, low of 10/2/2009
991.97, low of 9/2/2009
969.08, Gann 37.5% of 2009-2010 range
965.69, Fibonacci 38.2% of 2009-2010 range
956.23, high of 6/11/2009
908.62, Gann 50.0% of 2009-2010 range
869.32, low of 7/8/2009
851.55, Fibonacci 61.8% 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
5.05% Short 200% QQQ PS, QID
2.57% Short 200% MidCap 400 PS, MZZ
2.40% Short 100% QQQ, PSQ
2.34% Short 200% S&P 500 PS, SDS
2.14% Short 200% Dow 30 PS, DXD
1.26% Short 100% MidCap 400, MYY
1.13% Short 100% Dow 30, DOG
1.13% Short 100% S&P 500, SH
0.47% China 25 iS, FXI
0.28% Latin Am 40, ILF
0.22% Oil, Crude, U.S. Oil Fund, USO
0.18% Singapore Index, EWS
0.17% Taiwan Index, EWT
0.15% Bank Regional H, RKH
0.13% Bond, TIPS, TIP
0.08% Short 200% Bond 7-10 Yr T, PST
0.05% Bond, 1-3 Year Treasury, SHY
0.04% Short 200% US T Bond, TBT
0.03% Leisure & Entertainment, PEJ
0.00% Internet B2B H, BHH
0.00% Homebuilders SPDR, XHB
-0.03% Bond, 10 Year Treasury, IEF
-0.05% Gold Shares S.T., GLD
-0.05% Bond, 20+ Years Treasury, TLT
-0.09% Bond, Aggregate, AGG
-0.13% MidCap Blend Core iS M, JKG
-0.14% Biotech H, BBH
-0.14% Bond, Corp, LQD
-0.18% Value Large Cap DJ, ELV
-0.22% Consumer Non-Cyclical, IYK
-0.27% Consumer Staples SPDR, XLP
-0.27% Brazil Index, EWZ
-0.28% Financial Services DJ, IYG
-0.31% LargeCap Blend NYSE Composite iS, NYC
-0.31% Consumer Staples VIPERs, VDC
-0.33% Food & Beverage, PBJ
-0.34% Mexico Index, EWW
-0.35% Commodity Tracking, DBC
-0.36% South Africa Index, EZA
-0.37% Insurance, PIC
-0.39% Emerging VIPERs, VWO
-0.41% IPOs, First Tr IPOX-100, FPX
-0.41% Internet H, HHH
-0.42% LargeCap Blend Core iS M, JKD
-0.42% Retail H, RTH
-0.43% Bond, High-Yield Corporate, HYG
-0.44% Growth MidCap S&P 400, RFG
-0.46% Value S&P 500, RPV
-0.49% Financial SPDR, XLF
-0.50% Preferred Stock iS, PFF
-0.51% Dividend DJ Select, DVY
-0.51% Value MidCap Dynamic PS, PWP
-0.52% Financials VIPERs, VFH
-0.54% South Korea Index, EWY
-0.55% Growth SmallCap Dynamic PS, PWT
-0.56% Financial DJ US, IYF
-0.56% Consumer D. VIPERs, VCR
-0.57% Value LargeCap NYSE 100 iS, NY
-0.58% Consumer Discretionary SPDR, XLY
-0.59% Value Line Timeliness MidCap Gr, PIV
-0.63% Belgium Index, EWK
-0.63% Health Care SPDR, XLV
-0.66% Malaysia Index, EWM
-0.67% Financials Global LargeCap Value, IXG
-0.69% Emerging 50 BLDRS, ADRE
-0.69% Emerging Markets, EEM
-0.71% China LargeCap Growth G D H USX PS, PGJ
-0.72% Asia 50 BLDRS, ADRA
-0.72% Healthcare DJ, IYH
-0.73% Dividend Achievers PS, PFM
-0.73% Consumer Cyclical DJ, IYC
-0.74% Energy Global, IXC
-0.76% Dividend Leaders, FDL
-0.76% Value VIPERs, VTV
-0.77% Utilities SPDR, XLU
-0.77% Dividend Appreciation Vipers, VIG
-0.78% Internet Infrastructure H, IIH
-0.79% Energy Exploration & Prod, PXE
-0.79% Europe 100 BLDRS, ADRU
-0.80% Utilities VIPERs, VPU
-0.80% Growth Mid Cap Dynamic PS, PWJ
-0.82% Health Care VIPERs, VHT
-0.84% Pacific ex-Japan, EPP
-0.84% Japan LargeCap Blend TOPIX 150, ITF
-0.84% Value MidCap iS M, JKI
-0.85% Value LargeCap Russell 3000, IWW
-0.86% Healthcare Global, IXJ
-0.86% REIT VIPERs, VNQ
-0.87% SmallCap Core iS M, JKJ
-0.88% Aerospace & Defense, PPA
-0.88% Realty Cohen & Steers, ICF
-0.88% Utilities DJ, IDU
-0.89% Value S&P 500 B, IVE
-0.90% Utilities, PUI
-0.90% Pharmaceuticals, PJP
-0.91% Value LargeCap Dynamic PS, PWV
-0.91% Telecommunications & Wireless, PTE
-0.91% Value 1000 Russell, IWD
-0.91% Australia Index, EWA
-0.92% Telecom DJ US, IYZ
-0.93% MidCap Growth iS M, JKH
-0.94% Telecom H, TTH
-0.95% Dividend SPDR, SDY
-0.95% Real Estate US DJ, IYR
-0.96% Nanotech Lux, PXN
-0.96% Telecommunications Global, IXP
-0.97% Pharmaceutical H, PPH
-0.98% Software, PSJ
-0.98% Energy VIPERs, VDE
-0.99% Japan Index, EWJ
-1.00% REIT Wilshire, RWR
-1.00% Value LargeCap iS M, JKF
-1.01% Hong Kong Index, EWH
-1.02% Value SmallCap Dynamic PS, PWY
-1.02% Financial Preferred, PGF
-1.03% Value 40 Large Low P/E FT DB, FDV
-1.04% Canada Index, EWC
-1.05% LargeCap Blend S&P=Weight R, RSP
-1.05% Value Small Cap DJ, DSV
-1.05% Energy SPDR, XLE
-1.05% LargeCap Blend S&P 1500 iS, ISI
-1.06% Natural Resource iS GS, IGE
-1.06% Pacific VIPERs, VPL
-1.07% Growth MidCap 400 B, IJK
-1.08% DIAMONDS (DJIA), DIA
-1.09% Dividend International, PID
-1.10% Global Titans, DGT
-1.11% Energy DJ, IYE
-1.11% Biotech & Genome, PBE
-1.12% LargeCap Blend Total Market DJ, IYY
-1.12% Netherlands Index, EWN
-1.13% MidCap Russell, IWR
-1.14% LargeCap VIPERs, VV
-1.14% Wilshire 5000 ST TM, TMW
-1.14% Industrial SPDR, XLI
-1.15% LargeCap Blend Dynamic PS, PWC
-1.15% S&P 500 SPDRs LargeCap Blend, SPY
-1.16% Value LargeCap Fundamental RAFI 1000, PRF
-1.16% LargeCap Blend S&P 100, OEF
-1.17% Dividend High Yield Equity PS, PEY
-1.17% LargeCap 1000 R, IWB
-1.18% MidCap VIPERs, VO
-1.19% Blend Total Market VIPERs, VTI
-1.20% S&P 500 iS LargeCap Blend, IVV
-1.20% LargeCap Blend Socially Responsible iS, KLD
-1.22% Utilities H, UTH
-1.22% Telecom Services VIPERs, VOX
-1.23% LargeCap Blend Russell 3000, IWV
-1.24% Growth S&P 500, RPG
-1.24% Value SmallCap S&P 600, RZV
-1.25% Value MidCap Russell, IWS
-1.25% MidCap S&P 400 SPDRs, MDY
-1.26% LargeCap Rydex Rus Top 50, XLG
-1.28% MidCap S&P 400 iS, IJH
-1.29% Growth SmallCap iS M, JKK
-1.33% Value SmallCap iS M, JKL
-1.35% Developed 100 BLDRS, ADRD
-1.37% Growth MidCap Russell, IWP
-1.37% Building & Construction, PKB
-1.37% Industrials VIPERs, VIS
-1.39% Value MidCap S&P 400 B, IJJ
-1.40% Capital Markets KWB ST, KCE
-1.41% Retail, PMR
-1.42% Software H, SWH
-1.42% Extended Mkt VIPERs, VXF
-1.43% Biotech SPDR, XBI
-1.44% SmallCap PS Zacks, PZJ
-1.45% Growth SmallCap VIPERs, VBK
-1.46% Growth LargeCap Russell 3000, IWZ
-1.46% Microcap Russell, IWC
-1.49% Industrial LargeCap Blend DJ US, IYJ
-1.51% Value SmallCap VIPERS, VBR
-1.52% India Earnings WTree, EPI
-1.53% Technology MS sT, MTK
-1.53% Growth Small Cap DJ, DSG
-1.55% Software, IGV
-1.55% Growth 1000 Russell, IWF
-1.58% OTC Dynamic PS, PWO
-1.59% Growth S&P 500/BARRA, IVW
-1.59% Growth Large Cap, ELG
-1.61% Growth VIPERs, VUG
-1.61% Small Cap VIPERs, VB
-1.62% Value SmallCap Russell 2000, IWN
-1.68% EAFE Index, EFA
-1.69% Global 100, IOO
-1.70% Micro Cap Zachs, PZI
-1.71% SmallCap Russell 2000, IWM
-1.76% Switzerland Index, EWL
-1.77% Growth BARRA Small Cap 600, IJT
-1.78% Technology Global, IXN
-1.79% Growth LargeCap NASDAQ Fidelity, ONEQ
-1.80% Materials SPDR, XLB
-1.80% SmallCap S&P 600, IJR
-1.84% Growth SmallCap R 2000, IWO
-1.85% Value SmallCap S&P 600 B, IJS
-1.86% Germany Index, EWG
-1.86% Growth EAFE MSCI, EFG
-1.92% Lg Cap Growth PSD, PWB
-1.94% Metals & Mining SPDR, XME
-1.96% Growth LargeCap iS M, JKE
-1.97% Basic Materials DJ US, IYM
-2.03% Materials VIPERs, VAW
-2.09% Silver Trust iS, SLV
-2.10% Value EAFE MSCI, EFV
-2.14% Water Resources, PHO
-2.14% Transportation Av DJ, IYT
-2.14% Oil & Gas, PXJ
-2.19% EMU Europe Index, EZU
-2.21% Oil Services H, OIH
-2.25% Ultra Dow30 Double, DDM
-2.30% Ultra S&P500 Double, SSO
-2.35% Euro STOXX 50, FEZ
-2.35% France Index, EWQ
-2.41% Semiconductor H, SMH
-2.44% European VIPERs, VGK
-2.48% Semiconductors, PSI
-2.52% Technology GS, IGM
-2.54% Europe 350 S&P Index, IEV
-2.57% Growth LargeCap NASDAQ 100, QQQQ
-2.60% Austria Index, EWO
-2.62% United Kingdom Index, EWU
-2.66% Ultra MidCap400 Double, MVV
-2.68% Info Tech VIPERs, VGT
-2.69% WilderHill Clean Energy PS, PBW
-2.72% Italy Index, EWI
-2.72% Value LargeCap Euro STOXX 50 DJ, FEU
-2.78% Technology DJ US, IYW
-2.87% Technology SPDR, XLK
-2.95% Semiconductor iS GS, IGW
-2.99% Internet Architecture H, IAH
-3.05% Spain Index, EWP
-3.05% Semiconductor SPDR, XSD
-3.16% Sweden Index, EWD
-3.33% Networking, IGN
-4.99% Ultra QQQ Double, QLD
