U.S. Treasury Bond nearest futures contract price fell below 3-day highs on 2/10/10. The Bond price fell back below both its falling 50-day and 200-day simple moving averages, thereby signaling a weak technical position.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) fell below 10-week lows on 2/10/10. JNK/LQD remains below its 50-day but above its rising 200-day simple moving average.
Stocks have lost downward momentum over the past 8 trading days. Recent choppy/sideways price action could be either consolidation ahead of another downside wave or base-building ahead of a good upside bounce. My interpretation is base-building.
Volume of trading fell on Wednesday, thereby denying significance of the modest price decline.
Various short-term momentum oscillators, such as RSI 14, turned slightly lower but are still holding above momentum lows of 1/29/10, thereby showing bullish divergence compared to price.
SPX closed below its 50-day simple moving average every day since 1/22/10 (which is typical of minor corrections) but remains well above its much more significant rising 200-day simple moving average now at 1021.97.
The stock market appears to have gone through a typical short-term correction within a long-term uptrend.
The bears are growing bolder, despite the loss of downside momentum. Advisory Service Sentiment shows 34.1% Bulls versus 26.1% Bears as of 2/10/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio collapsed to a below-average 1.31, 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 1.51, and the mean is 1.57.
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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
16.34% , AIG , AMER INTL GROUP
1.06% , PIC , Insurance, PIC
6.12% , FNM , FANNIE MAE
5.46% , LM , LEGG MASON
4.43% , CIEN.O , CIENA
3.33% , FRE , FREDDIE MAC
1.67% , CMA , COMERICA
2.39% , RDC , ROWAN COMPANIES
2.11% , SCHW.O , CHARLES SCHWAB
2.65% , FHN , FIRST TENNESSEE
1.27% , TDC , Teradata Corporation, TDC
2.67% , TIF , TIFFANY
1.55% , TLAB , TELLABS
1.07% , ZMH , ZIMMER HLDGS
0.77% , EWC , Canada Index, EWC
1.48% , DELL , DELL
1.50% , AN , AUTONATION
1.50% , JNY , JONES APPAREL
0.64% , DIS , WALT DISNEY
0.68% , PST , 200% Short Bond 7-10 Yr T, PST
0.61% , IGW , Semiconductor iS GS, IGW
1.07% , MAR , MARRIOTT INTL STK A
0.15% , PID , Dividend International, PID
1.39% , ADBE , ADOBE SYS
1.17% , LH , LAB CRP OF AMER
0.62% , DYN , DYNEGY
1.93% , TBT , 200% Short US T Bond, TBT
1.25% , RFMD , RF Micro Devices Inc
0.10% , VXF , Extended Mkt VIPERs, VXF
0.32% , PBG , PEPSI BOTTLING
0.55% , PEP , PEPSICO
0.66% , COST , COSTCO WHOLESAL
0.11% , ABC , AMERISOURCEBERGN
1.22% , BK , BANK OF NEW YORK
1.00% , PPG , PPG INDUSTRIES
0.99% , MBI , MBIA
1.16% , MHS , MEDCO HEALTH
0.26% , HSP , HOSPIRA
2.99% , PTEN , Patterson-UTI Energy Inc
1.03% , KCE , Capital Markets KWB ST, KCE
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-7.95% , S , SPRINT NEXTEL
-7.97% , LVLT , LEVEL 3 COMMUNICATIONS
-6.66% , EOG , EOG RESOURCES
-11.11% , ABK , AMBAC FINL GRP
-5.00% , BHH , Internet B2B H, BHH
-9.00% , NYT , NY TIMES STK A
-4.38% , CCE , COCA COLA ENTER
-1.79% , YHOO , YAHOO
-1.44% , TBH , Telebras HOLDRS, TBH
-0.69% , ADRA , Asia 50 BLDRS, ADRA
-0.57% , PKB , Building & Construction, PKB
-1.35% , HYG , Bond High-Yield Corporate, HYG
-0.46% , IYH , Healthcare DJ, IYH
-0.24% , PPA , Aerospace & Defense, PPA
-2.34% , WLP , WELLPOINT HEALTH
-0.64% , EWQ , France Index, EWQ
-3.33% , ETFC.O , E*TRADE FINANCIAL
-0.80% , PWJ , Growth Mid Cap Dynamic PS, PWJ
-1.48% , NCR , NCR
-1.83% , EBAY , EBAY
-0.65% , EPP , Pacific ex-Japan, EPP
-0.58% , KEY , KEYCORP
-1.58% , UIS , UNISYS
-0.85% , ITF , Japan LargeCap Blend TOPIX 150, ITF
-0.24% , IYC , Consumer Cyclical DJ, IYC
-1.45% , NWL , NEWELL RUBBER
-0.55% , IYM , Basic Materials DJ US, IYM
-0.22% , PWC , LargeCap Blend Dynamic PS, PWC
-0.43% , ELG , Growth Large Cap, ELG
-0.23% , IGV , Software, IGV
-0.99% , IXJ , Healthcare Global, IXJ
-0.20% , IWS , Value MidCap Russell, IWS
-1.03% , PDCO , Patterson Dental Company
-0.79% , TJX , TJX
-0.25% , PSJ , Software, PSJ
-0.34% , BIG , BIG LOTS
-0.32% , DGT , Global Titans, DGT
-1.70% , ORCL , ORACLE
-1.33% , NUE , NUCOR
-1.44% , BC , BRUNSWICK
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) rose further above the highs of the previous 34 months on 2/4/10. XLY/SPY remains above its rising 50- and 200-day simple moving averages. Absolute price of XLY fell below the lows of the previous 6 months on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 28.21 and 26.62. Resistance 29.78, 30.38, 30.54, 31.95 and 33.76.
Health Care (XLV) Bullish, Overweight. The Relative Strength Ratio (XLV/SPY) rose above 6-month highs on 1/29/10. XLV/SPY remains above its rising 50- and 200-day simple moving averages. Absolute price of XLV fell below the lows of the previous 6 months on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 30.27, 30.65 and 29.55. Resistance 32.12, 33.16, 33.37 and 33.74.
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 3-month lows on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 26.66 and 25.20. Resistance 28.41, 29.61, 30.56 and 32.00.
Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) fell further below the lows of the previous 3 months on 2/2/10. XLK/SPY fell below its 50-day simple moving average on 1/11/10 and fell below its 200-day simple moving average on 1/28/10. Absolute price of XLK fell below 3-month lows on 2/5/10. 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 20.71, 20.46 and 20.09. Resistance 21.51, 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 10 weeks and above its 200-day simple moving average on 2/8/10. XLP/SPY remains above its 50-day simple moving average. Absolute price of XLP fell below 2 month lows on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 26.05, 25.96 and 25.77. Resistance 26.81, 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 1/29/10. 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 13-week lows on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 29.48, 28.95 and 28.67. Resistance 31.62, 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 6 weeks on 1/29/10. 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 8 weeks on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 52.67 and 51.34. Resistance 57.36, 57.72, 58.52 and 59.90.
Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) was in a downward correction from 10/14/09 to 12/17/09 after outperforming from 3/6/09 to 10/14/09. XLF/SPY appears to be attempting to stabilize in recent weeks but remains below its 200-day simple moving average. Absolute price of XLF fell below the lows of the previous 6 months on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 13.51 and 13.08. Resistance 14.60, 14.68, 15.40 and 15.76.
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 13 weeks on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. Support 28.46 and 28.10. Resistance 29.98, 31.30, 31.64 and 32.08.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below the lows of the previous 5 months on 2/8/10. In addition, absolute price of EEM fell below the lows of the previous 5 months on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average. 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 10 months on 2/8/10. EFA /SPY is below both its 50-day and 200-day simple moving averages. Absolute price of EFA fell below the lows of the previous 5 months on 2/5/10 and is below both its 50-day and 200-day simple moving averages. EFA has underperformed the SPY since 9/9/09.
NASDAQ Composite/S&P 500 Relative Strength Ratio rose above its rising 50-day simple moving average on 2/5/10 and remains above its rising 200-day simple moving average. Absolute price fell below 3-month lows on 2/5/10. Price remains below its 50-day but above its 200-day simple moving average.
Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) has been performing sideways/neutral for most of the past 11 months, since March 2009. Longer term, IWF/IWD has been bullish since 8/8/06.
Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) fell below 5-week lows and below its 50-day simple moving average on 2/8/10. IWD/SPY remains below its 200-day simple moving average. 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 above previous 6-year highs on 2/2/10. 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. Price remains below its 50-day but above its 200-day simple moving average.
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. Absolute price remains below its 50-day but above its 200-day simple moving average.
The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) rose slightly above its 50-day and 200-day simple moving averages on 2/10/10. Absolute price remains below its 50-day but above its 200-day simple moving average.
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 remains below its 50-day but above its 200-day simple moving average.
CRB Index of commodity prices fell further below 3-month lows on 2/5/10.
Crude Oil nearest futures contract price rose above 3-day highs on 2/10/10. This after falling below the lows of the previous 7 weeks on 2/5/10, confirming a short-term downtrend. Oil remains below its 50-day but above 200-day simple moving average. Support 69.50, 68.59 and 65.05. Resistance 78.04, 79.47, 80.36, 83.95, 85.82 and 98.65.
Gold nearest futures contract price fell further below 3-month lows on 2/5/10. Gold remains below its 50-day simple moving average but above its rising 200-day simple moving average. Support 1026.9 and 989.3. Resistance 1126.4, 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 7-month lows on 1/29/10 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. Absolute price of GDX fell below the lows of the previous 5 months on 2/5/10 and is below both its 50-day and 200-day simple moving averages.
Silver/Gold Ratio fell further below 6-month lows on 2/8/10. It fell sharply from 1/19/10 to 2/8/10, breaking below both 50- and 200-day simple moving averages. The Silver/Gold Ratio has been trending lower since its peak on 9/16/09, following 11 months of rising trend. Weakness in this Ratio suggests renewed doubts about prospects for the world economy.
Copper nearest futures contract price broke down further below 3-month lows on 2/5/10. Weakness in Copper suggests renewed doubts about prospects for the world economy. Support 2.64 and 2.4575. Resistance 3.144, 3.267, 3.47, 3.544, 3.5625, 3.5625, and 3.79.
U.S. Treasury Bond nearest futures contract price fell below 3-day highs on 2/10/10. The Bond price fell back below both its falling 50-day and 200-day simple moving averages, thereby signaling a weak technical position. Support 117.08, 116.22, 115.24, 114.16, 113.04 and 112.15. Resistance 119.18, 120.11 and 123.18.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) fell below 10-week lows on 2/10/10. JNK/LQD remains below its 50-day but above its rising 200-day simple moving average. Absolute price of JNK also remains below its 50-day but above its rising 200-day simple moving average.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) broke down below 7-week lows and its 50-day simple moving average on 2/5/10. TIP/IEF remains above its rising 200-day simple moving average. Absolute price of TIP rose above 2-month highs 1/29/10.
The U.S. dollar nearest futures contract price broke out above 7-month highs on 2/5/10, again confirming a significant uptrend. USD crossed above its rising 50-day simple moving average on 12/8/09 and crossed above its falling 200-day simple moving average on 1/27/10. Support 78.83, 78.20, 76.74 and 75.90. Resistance 81.165 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 34.1% Bulls versus 26.1% Bears as of 2/10/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio collapsed to a below-average 1.31, 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 1.51, and the mean is 1.57.
VIX Fear Index jumped to a 3-month high at 29.22 on 2/5/10, 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 rose to 28.64 on 2/5/10, 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 0.79 on 2/4/10, 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) moved slightly lower 2/10/10. Various short-term momentum oscillators, such as RSI 14, turned slightly lower but are still holding above momentum lows of 1/29/10, thereby showing bullish divergence compared to price. The stock market appears to have gone through a typical short-term correction within a long-term uptrend. SPX fell 8.13% over 14 trading days, from a high close on 1/19/10 to the low close on 2/8/10. This was the largest decline and the 4th decline in the 5% to 10% range since the bottom on 3/9/09 (based on closing prices only). 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 every day since 1/22/10 (which is typical of minor corrections) but remains well above its much more significant rising 200-day simple moving average now at 1021.97. Support 1044.50, 1036.31 and 1029.54. Resistance 1104.73, 1114.81, 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
1114.81, low of 12/31/2009
1104.73, high of 2/2/2010
1083.74, low of 11/27/2009
S&P 500 Cash Index Potential Support
1044.50, low of 2/5/2010
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
978.51, low of 8/17/2009
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
1.93% Short 200% US T Bond, TBT
1.38% Internet Infrastructure H, IIH
1.17% Bank Regional H, RKH
1.08% WilderHill Clean Energy PS, PBW
1.06% Semiconductors, PSI
1.06% Insurance, PIC
1.03% Financial Services DJ, IYG
1.03% Capital Markets KWB ST, KCE
1.01% China LargeCap Growth G D H USX PS, PGJ
0.83% Oil, Crude, U.S. Oil Fund, USO
0.80% Financial SPDR, XLF
0.79% Financials VIPERs, VFH
0.79% Networking, IGN
0.77% Canada Index, EWC
0.71% Financial DJ US, IYF
0.68% Short 200% Bond 7-10 Yr T, PST
0.65% Financials Global LargeCap Value, IXG
0.61% Semiconductor iS GS, IGW
0.60% Semiconductor SPDR, XSD
0.50% Growth SmallCap Dynamic PS, PWT
0.44% China 25 iS, FXI
0.43% Taiwan Index, EWT
0.41% Growth BARRA Small Cap 600, IJT
0.40% Short 200% S&P 500 PS, SDS
0.39% Commodity Tracking, DBC
0.39% Telecommunications & Wireless, PTE
0.38% SmallCap S&P 600, IJR
0.38% Preferred Stock iS, PFF
0.37% Short 200% QQQ PS, QID
0.37% Financial Preferred, PGF
0.31% Oil & Gas, PXJ
0.29% Value SmallCap S&P 600, RZV
0.29% Malaysia Index, EWM
0.28% Semiconductor H, SMH
0.27% Dividend High Yield Equity PS, PEY
0.26% Growth SmallCap R 2000, IWO
0.24% SmallCap PS Zacks, PZJ
0.24% SmallCap Russell 2000, IWM
0.23% Realty Cohen & Steers, ICF
0.22% Micro Cap Zachs, PZI
0.22% Short 100% QQQ, PSQ
0.21% Ultra MidCap400 Double, MVV
0.20% Small Cap VIPERs, VB
0.19% REIT VIPERs, VNQ
0.19% Growth Small Cap DJ, DSG
0.17% Short 100% S&P 500, SH
0.16% Value SmallCap Russell 2000, IWN
0.15% OTC Dynamic PS, PWO
0.15% Dividend International, PID
0.14% Growth SmallCap VIPERs, VBK
0.13% Short 100% MidCap 400, MYY
0.13% Growth SmallCap iS M, JKK
0.13% Short 100% Dow 30, DOG
0.13% Value SmallCap S&P 600 B, IJS
0.11% Microcap Russell, IWC
0.10% Emerging 50 BLDRS, ADRE
0.10% Extended Mkt VIPERs, VXF
0.10% Short 200% Dow 30 PS, DXD
0.09% REIT Wilshire, RWR
0.08% Value MidCap S&P 400 B, IJJ
0.07% Real Estate US DJ, IYR
0.03% MidCap S&P 400 iS, IJH
0.01% MidCap Blend Core iS M, JKG
0.00% Biotech & Genome, PBE
0.00% Energy Exploration & Prod, PXE
0.00% Hong Kong Index, EWH
0.00% Japan Index, EWJ
0.00% Value LargeCap Fundamental RAFI 1000, PRF
0.00% Value LargeCap NYSE 100 iS, NY
0.00% Value SmallCap Dynamic PS, PWY
0.00% SmallCap Core iS M, JKJ
-0.01% Value SmallCap VIPERS, VBR
-0.01% Growth MidCap 400 B, IJK
-0.02% Value MidCap iS M, JKI
-0.02% MidCap S&P 400 SPDRs, MDY
-0.03% Value Small Cap DJ, DSV
-0.04% LargeCap Blend S&P 1500 iS, ISI
-0.04% Value LargeCap Russell 3000, IWW
-0.05% Value Large Cap DJ, ELV
-0.06% Value S&P 500 B, IVE
-0.06% Industrials VIPERs, VIS
-0.06% Brazil Index, EWZ
-0.07% Value MidCap Dynamic PS, PWP
-0.08% Growth LargeCap Russell 3000, IWZ
-0.09% Value VIPERs, VTV
-0.09% Telecom H, TTH
-0.09% Consumer Staples VIPERs, VDC
-0.09% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.11% Bond, 1-3 Year Treasury, SHY
-0.11% LargeCap Blend Russell 3000, IWV
-0.11% LargeCap Blend Total Market DJ, IYY
-0.11% Consumer Staples SPDR, XLP
-0.12% Lg Cap Growth PSD, PWB
-0.12% Spain Index, EWP
-0.12% Ultra Dow30 Double, DDM
-0.13% MidCap VIPERs, VO
-0.13% LargeCap Rydex Rus Top 50, XLG
-0.13% LargeCap Blend Core iS M, JKD
-0.13% DIAMONDS (DJIA), DIA
-0.13% Dividend SPDR, SDY
-0.14% Consumer Non-Cyclical, IYK
-0.14% Wilshire 5000 ST TM, TMW
-0.15% Industrial SPDR, XLI
-0.15% Blend Total Market VIPERs, VTI
-0.15% Growth MidCap S&P 400, RFG
-0.15% Value SmallCap iS M, JKL
-0.16% Dividend Achievers PS, PFM
-0.17% Technology MS sT, MTK
-0.17% Industrial LargeCap Blend DJ US, IYJ
-0.18% South Korea Index, EWY
-0.18% Leisure & Entertainment, PEJ
-0.18% LargeCap Blend S&P 100, OEF
-0.18% Pacific VIPERs, VPL
-0.19% Italy Index, EWI
-0.19% Transportation Av DJ, IYT
-0.19% LargeCap 1000 R, IWB
-0.19% Growth 1000 Russell, IWF
-0.20% Value MidCap Russell, IWS
-0.20% S&P 500 SPDRs LargeCap Blend, SPY
-0.21% Growth LargeCap NASDAQ 100, QQQQ
-0.22% Utilities, PUI
-0.22% Info Tech VIPERs, VGT
-0.22% Pharmaceuticals, PJP
-0.22% LargeCap Blend Dynamic PS, PWC
-0.23% Software, IGV
-0.23% Bond, Aggregate, AGG
-0.23% S&P 500 iS LargeCap Blend, IVV
-0.24% LargeCap Blend S&P=Weight R, RSP
-0.24% MidCap Russell, IWR
-0.24% Aerospace & Defense, PPA
-0.24% LargeCap Blend NYSE Composite iS, NYC
-0.24% Consumer Cyclical DJ, IYC
-0.25% Software, PSJ
-0.26% Water Resources, PHO
-0.26% Technology GS, IGM
-0.26% IPOs, First Tr IPOX-100, FPX
-0.26% Emerging Markets, EEM
-0.27% LargeCap VIPERs, VV
-0.27% Value LargeCap iS M, JKF
-0.27% Value 1000 Russell, IWD
-0.27% Biotech SPDR, XBI
-0.28% Gold Shares S.T., GLD
-0.28% Bond, 10 Year Treasury, IEF
-0.28% Technology SPDR, XLK
-0.29% Growth S&P 500, RPG
-0.30% Bond, TIPS, TIP
-0.31% Dividend DJ Select, DVY
-0.31% Growth VIPERs, VUG
-0.32% Emerging VIPERs, VWO
-0.32% Global Titans, DGT
-0.32% LargeCap Blend Socially Responsible iS, KLD
-0.32% Global 100, IOO
-0.32% Singapore Index, EWS
-0.33% Utilities H, UTH
-0.33% Utilities DJ, IDU
-0.33% United Kingdom Index, EWU
-0.33% Dividend Appreciation Vipers, VIG
-0.34% Health Care VIPERs, VHT
-0.34% Energy VIPERs, VDE
-0.34% Growth LargeCap iS M, JKE
-0.35% Germany Index, EWG
-0.36% Oil Services H, OIH
-0.36% Materials VIPERs, VAW
-0.37% Dividend Leaders, FDL
-0.37% Consumer D. VIPERs, VCR
-0.37% Retail H, RTH
-0.37% Pharmaceutical H, PPH
-0.37% Technology DJ US, IYW
-0.38% Energy DJ, IYE
-0.38% Growth S&P 500/BARRA, IVW
-0.39% Telecom DJ US, IYZ
-0.39% Homebuilders SPDR, XHB
-0.39% Netherlands Index, EWN
-0.39% Energy Global, IXC
-0.39% Utilities VIPERs, VPU
-0.40% Value 40 Large Low P/E FT DB, FDV
-0.41% Software H, SWH
-0.41% Biotech H, BBH
-0.41% Technology Global, IXN
-0.41% Consumer Discretionary SPDR, XLY
-0.41% Nanotech Lux, PXN
-0.42% Energy SPDR, XLE
-0.42% Ultra QQQ Double, QLD
-0.42% Ultra S&P500 Double, SSO
-0.42% Value S&P 500, RPV
-0.43% Value LargeCap Dynamic PS, PWV
-0.43% Growth Large Cap, ELG
-0.45% Telecom Services VIPERs, VOX
-0.45% Retail, PMR
-0.45% Utilities SPDR, XLU
-0.46% Healthcare DJ, IYH
-0.48% Value Line Timeliness MidCap Gr, PIV
-0.48% MidCap Growth iS M, JKH
-0.51% Value EAFE MSCI, EFV
-0.51% Short 200% MidCap 400 PS, MZZ
-0.52% Food & Beverage, PBJ
-0.52% Natural Resource iS GS, IGE
-0.53% Europe 350 S&P Index, IEV
-0.54% Latin Am 40, ILF
-0.55% Growth MidCap Russell, IWP
-0.55% Basic Materials DJ US, IYM
-0.55% Developed 100 BLDRS, ADRD
-0.56% EMU Europe Index, EZU
-0.57% Building & Construction, PKB
-0.61% Internet Architecture H, IAH
-0.61% Health Care SPDR, XLV
-0.62% Australia Index, EWA
-0.62% Telecommunications Global, IXP
-0.63% Metals & Mining SPDR, XME
-0.63% EAFE Index, EFA
-0.64% France Index, EWQ
-0.65% Pacific ex-Japan, EPP
-0.68% Materials SPDR, XLB
-0.69% Asia 50 BLDRS, ADRA
-0.72% Belgium Index, EWK
-0.73% Growth EAFE MSCI, EFG
-0.78% Bond, Corp, LQD
-0.79% Mexico Index, EWW
-0.80% Growth Mid Cap Dynamic PS, PWJ
-0.81% Euro STOXX 50, FEZ
-0.85% Japan LargeCap Blend TOPIX 150, ITF
-0.86% Austria Index, EWO
-0.87% Internet H, HHH
-0.92% Value LargeCap Euro STOXX 50 DJ, FEU
-0.95% Bond, 20+ Years Treasury, TLT
-0.99% Healthcare Global, IXJ
-1.01% India Earnings WTree, EPI
-1.09% Europe 100 BLDRS, ADRU
-1.12% Silver Trust iS, SLV
-1.15% European VIPERs, VGK
-1.27% Switzerland Index, EWL
-1.35% Bond, High-Yield Corporate, HYG
-1.41% Sweden Index, EWD
-1.59% South Africa Index, EZA
-5.00% Internet B2B H, BHH
