Many financial instrument prices moved beyond their 2-day highs and lows on Tuesday. Such short-term signals by themselves carry only modest weight.
S&P 500 Composite (SPX) price moved above the highs of the previous 2 trading days.
Volume of trading rose to confirm the price upturn.
Various short-term momentum oscillators for the stock market, such as RSI 14, turned up after showing bullish divergence compared to price.
SPX price remains well above its rising 200-day simple moving average now at 1020.91, which is significant.
The stock market appears to have gone through a typical short-term correction within a long-term uptrend.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
1.83% , RFV , Value MidCap S&P 400, RFV
1.27% , PBJ , Food & Beverage, PBJ
1.36% , PWO , OTC Dynamic PS, PWO
1.73% , DSG , Growth Small Cap DJ, DSG
1.93% , IXC , Energy Global, IXC
4.09% , EWI , Italy Index, EWI
6.29% , CTSH , Cognizant Technology Solutions
1.25% , ELG , Growth Large Cap, ELG
4.98% , RYAAY , Ryanair Holdings plc
7.63% , CAR , Avis Budget Group, Inc. (CAR)
4.49% , MET , METLIFE
4.64% , LNCR , Lincare Holdings Inc
6.44% , TIN , TEMPLE INLAND
3.81% , EZU , EMU Europe Index, EZU
5.00% , JNY , JONES APPAREL
0.66% , JKI , Value MidCap iS M, JKI
0.84% , NY , Value LargeCap NYSE 100 iS, NY
4.72% , EWK , Belgium Index, EWK
1.42% , JKL , Value SmallCap iS M, JKL
2.59% , EWU , United Kingdom Index, EWU
4.42% , AIG , AMER INTL GROUP
1.33% , JKE , Growth LargeCap iS M, JKE
4.83% , ODP , OFFICE DEPOT
0.98% , PBW , WilderHill Clean Energy PS, PBW
4.79% , EWP , Spain Index, EWP
4.26% , LNC , LINCOLN NATL
5.32% , EWD , Sweden Index, EWD
1.18% , KLD , LargeCap Blend Socially Responsible iS, KLD
2.92% , PETM , PETsMART Inc
5.42% , CAT , CATERPILLAR
1.79% , RPG , Growth S&P 500, RPG
2.98% , SPLS , STAPLES
1.03% , RPV , Value S&P 500, RPV
6.58% , PTEN , Patterson-UTI Energy Inc
3.95% , EWN , Netherlands Index, EWN
4.05% , SNV , SYNOVUS
0.93% , MTK , Technology MS sT, MTK
1.37% , PWV , Value LargeCap Dynamic PS, PWV
0.96% , TTH , Telecom H, TTH
1.34% , IXN , Technology Global, IXN
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-0.78% , IIH , Internet Infrastructure H, IIH
-8.75% , ERTS , ELECTRONIC ARTS
-3.22% , TAP , ADOLPH COORS STK B, TAP
-2.28% , ACS , AFFILIATED COMPUTER
-4.77% , HIG , HARTFORD FINL
-3.33% , PFG , PRINCIPAL FINL
-3.08% , ABK , AMBAC FINL GRP
-1.17% , MYY , Short 100% MidCap 400, MYY
-2.00% , VMC , VULCAN MATERIALS
-2.86% , DXD , Short 200% Dow 30 PS, DXD
-2.60% , SDS , Short 200% S&P 500 PS, SDS
-0.92% , FPL , FPL GROUP INC
-2.04% , QID , Short 200% QQQ PS, QID
-0.44% , AMGN , AMGEN
-0.83% , XRX , XEROX
-0.80% , NVDA , NVIDIA
-0.79% , AET , AETNA
-1.51% , DOG , Short 100% Dow 30, DOG
-2.22% , MZZ , Short 200% MidCap 400 PS, MZZ
-0.54% , IEF , Bond, 10 Year Treasury, IEF
-1.00% , TLT , Bond, 20+ Years Treasury, TLT
-0.45% , PHM , PULTE HOMES
-1.27% , SH , Short 100% S&P 500, SH
-0.45% , GLW , CORNING
-0.53% , EBAY , EBAY
-0.33% , MRK , MERCK & CO
-0.31% , ICF , Realty Cohen & Steers, ICF
-0.32% , VNQ , REIT VIPERs, VNQ
-0.34% , TIP , Bond, TIPS, TIP
-0.32% , WLP , WELLPOINT HEALTH
-0.31% , IYR , Real Estate US DJ, IYR
-0.17% , INTU , INTUIT
-1.01% , FNM , FANNIE MAE
-1.24% , SCHW.O , CHARLES SCHWAB
-0.18% , RWR , REIT Wilshire, RWR
-0.10% , SHY , Bond, 1-3 Year Treasury, SHY
-0.59% , APD , AIR PRODS & CHEM
-0.04% , ETR , ENTERGY
-0.07% , BAC , BANK OF AMERICA
-0.18% , AGG , Bond, Aggregate, AGG
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.
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.
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.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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) fell back below its 200-day simple moving average on 2/8/10 but remains above its 50-day simple moving average. 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 fell 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 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 broke out above 5-week highs on 2/5/10, thereby signaling an uptrend for the short term. In addition, the Bond price rose above its 50-day and 200-day simple moving averages, thereby signaling an uptrend for the longer term. Support 117.08, 116.22, 115.24, 114.16, 113.04 and 112.15. Resistance 120.11 and 123.18.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) fell below 8-week lows and below its 50-day simple moving average on 2/4/10. JNK/LQD remains above its 200-day simple moving average. Absolute price of JNK 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 38.9% Bulls versus 22.2% Bears as of 2/3/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio collapsed to a neutral 1.75, 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 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 above the highs of the previous 2 trading days on 2/8/10. Various short-term momentum oscillators, such as RSI 14, turned up after 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 more significant rising 200-day simple moving average now at 1020.91. 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
5.32% Sweden Index, EWD
5.26% Internet B2B H, BHH
4.91% Austria Index, EWO
4.79% Spain Index, EWP
4.72% Belgium Index, EWK
4.17% Value LargeCap Euro STOXX 50 DJ, FEU
4.15% European VIPERs, VGK
4.13% Euro STOXX 50, FEZ
4.09% Italy Index, EWI
4.04% France Index, EWQ
4.02% Brazil Index, EWZ
3.99% Metals & Mining SPDR, XME
3.95% Netherlands Index, EWN
3.81% EMU Europe Index, EZU
3.69% Latin Am 40, ILF
3.61% Europe 350 S&P Index, IEV
3.47% China 25 iS, FXI
3.46% Switzerland Index, EWL
3.44% Emerging 50 BLDRS, ADRE
3.39% South Africa Index, EZA
3.26% Emerging Markets, EEM
3.22% Growth EAFE MSCI, EFG
3.19% Oil, Crude, U.S. Oil Fund, USO
3.15% EAFE Index, EFA
3.09% Pacific ex-Japan, EPP
3.08% Value EAFE MSCI, EFV
3.07% Emerging VIPERs, VWO
3.05% Basic Materials DJ US, IYM
3.02% Germany Index, EWG
2.99% Singapore Index, EWS
2.93% Australia Index, EWA
2.89% South Korea Index, EWY
2.77% Ultra Dow30 Double, DDM
2.69% Oil Services H, OIH
2.64% Developed 100 BLDRS, ADRD
2.59% United Kingdom Index, EWU
2.56% Natural Resource iS GS, IGE
2.55% Hong Kong Index, EWH
2.51% Silver Trust iS, SLV
2.50% Asia 50 BLDRS, ADRA
2.50% Materials VIPERs, VAW
2.45% Ultra S&P500 Double, SSO
2.44% Oil & Gas, PXJ
2.43% Materials SPDR, XLB
2.43% Europe 100 BLDRS, ADRU
2.36% Taiwan Index, EWT
2.32% Global 100, IOO
2.26% India Earnings WTree, EPI
2.16% Ultra MidCap400 Double, MVV
2.10% Energy SPDR, XLE
2.07% Financials Global LargeCap Value, IXG
2.06% Energy VIPERs, VDE
2.06% Ultra QQQ Double, QLD
2.03% China LargeCap Growth G D H USX PS, PGJ
1.99% Dividend International, PID
1.98% Canada Index, EWC
1.97% Short 200% US T Bond, TBT
1.93% Industrial SPDR, XLI
1.93% Energy Global, IXC
1.93% Building & Construction, PKB
1.91% Pacific VIPERs, VPL
1.89% Value SmallCap S&P 600, RZV
1.85% Energy DJ, IYE
1.85% Homebuilders SPDR, XHB
1.82% Water Resources, PHO
1.79% Telecommunications Global, IXP
1.79% Commodity Tracking, DBC
1.79% Growth S&P 500, RPG
1.75% Transportation Av DJ, IYT
1.73% Growth Small Cap DJ, DSG
1.70% Mexico Index, EWW
1.70% Aerospace & Defense, PPA
1.69% Leisure & Entertainment, PEJ
1.67% Global Titans, DGT
1.66% Growth MidCap S&P 400, RFG
1.63% Retail, PMR
1.63% Growth Mid Cap Dynamic PS, PWJ
1.60% Industrials VIPERs, VIS
1.58% LargeCap Blend Dynamic PS, PWC
1.54% Consumer Discretionary SPDR, XLY
1.54% LargeCap Blend S&P=Weight R, RSP
1.53% Growth MidCap Russell, IWP
1.52% Value LargeCap Fundamental RAFI 1000, PRF
1.52% Consumer Non-Cyclical, IYK
1.52% Growth SmallCap Dynamic PS, PWT
1.52% Industrial LargeCap Blend DJ US, IYJ
1.51% Nanotech Lux, PXN
1.47% Growth S&P 500/BARRA, IVW
1.45% Japan LargeCap Blend TOPIX 150, ITF
1.44% DIAMONDS (DJIA), DIA
1.44% MidCap VIPERs, VO
1.43% Value SmallCap S&P 600 B, IJS
1.43% SmallCap Core iS M, JKJ
1.42% Value SmallCap iS M, JKL
1.42% Growth SmallCap VIPERs, VBK
1.40% SmallCap S&P 600, IJR
1.40% Dividend Appreciation Vipers, VIG
1.39% Value SmallCap Dynamic PS, PWY
1.38% SmallCap Russell 2000, IWM
1.37% LargeCap Blend Russell 3000, IWV
1.37% MidCap Growth iS M, JKH
1.37% Value LargeCap Dynamic PS, PWV
1.37% Malaysia Index, EWM
1.37% Value SmallCap Russell 2000, IWN
1.36% MidCap Russell, IWR
1.36% OTC Dynamic PS, PWO
1.36% Value MidCap Russell, IWS
1.35% Value 1000 Russell, IWD
1.35% Consumer D. VIPERs, VCR
1.35% Lg Cap Growth PSD, PWB
1.35% Wilshire 5000 ST TM, TMW
1.34% Technology Global, IXN
1.33% Growth LargeCap iS M, JKE
1.33% Growth VIPERs, VUG
1.33% Blend Total Market VIPERs, VTI
1.32% Consumer Staples VIPERs, VDC
1.32% Gold Shares S.T., GLD
1.31% Value Small Cap DJ, DSV
1.30% Growth SmallCap R 2000, IWO
1.30% Healthcare Global, IXJ
1.30% S&P 500 iS LargeCap Blend, IVV
1.29% Value SmallCap VIPERS, VBR
1.27% Software, PSJ
1.27% Value LargeCap Russell 3000, IWW
1.27% Value VIPERs, VTV
1.27% LargeCap 1000 R, IWB
1.27% Food & Beverage, PBJ
1.27% LargeCap Blend S&P 100, OEF
1.27% LargeCap VIPERs, VV
1.26% MidCap S&P 400 SPDRs, MDY
1.26% S&P 500 SPDRs LargeCap Blend, SPY
1.26% LargeCap Blend Total Market DJ, IYY
1.25% Small Cap VIPERs, VB
1.25% Growth Large Cap, ELG
1.25% Growth 1000 Russell, IWF
1.24% MidCap Blend Core iS M, JKG
1.24% Telecom Services VIPERs, VOX
1.23% Value MidCap S&P 400 B, IJJ
1.23% Technology DJ US, IYW
1.23% Biotech SPDR, XBI
1.23% Telecom DJ US, IYZ
1.22% Consumer Cyclical DJ, IYC
1.21% Dividend DJ Select, DVY
1.21% Micro Cap Zachs, PZI
1.21% Growth MidCap 400 B, IJK
1.20% Extended Mkt VIPERs, VXF
1.19% Consumer Staples SPDR, XLP
1.19% Semiconductor iS GS, IGW
1.19% MidCap S&P 400 iS, IJH
1.18% LargeCap Blend Socially Responsible iS, KLD
1.18% LargeCap Blend S&P 1500 iS, ISI
1.17% Value 40 Large Low P/E FT DB, FDV
1.17% Dividend SPDR, SDY
1.13% LargeCap Blend NYSE Composite iS, NYC
1.12% Growth BARRA Small Cap 600, IJT
1.12% Value S&P 500 B, IVE
1.12% LargeCap Rydex Rus Top 50, XLG
1.11% Dividend Leaders, FDL
1.10% Microcap Russell, IWC
1.08% Info Tech VIPERs, VGT
1.06% Value Line Timeliness MidCap Gr, PIV
1.06% Networking, IGN
1.04% Semiconductor H, SMH
1.03% Growth LargeCap NASDAQ 100, QQQQ
1.03% Value S&P 500, RPV
1.02% Financial SPDR, XLF
1.01% Utilities SPDR, XLU
1.01% Bank Regional H, RKH
1.00% Technology GS, IGM
1.00% Software H, SWH
0.99% Dividend Achievers PS, PFM
0.99% Growth SmallCap iS M, JKK
0.99% Growth LargeCap Russell 3000, IWZ
0.98% WilderHill Clean Energy PS, PBW
0.98% Value MidCap Dynamic PS, PWP
0.98% Utilities VIPERs, VPU
0.98% LargeCap Blend Core iS M, JKD
0.97% Financials VIPERs, VFH
0.97% Semiconductors, PSI
0.96% Telecom H, TTH
0.96% IPOs, First Tr IPOX-100, FPX
0.96% Semiconductor SPDR, XSD
0.95% Capital Markets KWB ST, KCE
0.95% Energy Exploration & Prod, PXE
0.93% Technology MS sT, MTK
0.93% Value LargeCap iS M, JKF
0.91% Insurance, PIC
0.91% Utilities DJ, IDU
0.91% Retail H, RTH
0.90% SmallCap PS Zacks, PZJ
0.88% Short 200% Bond 7-10 Yr T, PST
0.88% Financial Services DJ, IYG
0.88% Financial DJ US, IYF
0.86% Technology SPDR, XLK
0.84% Value LargeCap NYSE 100 iS, NY
0.83% Growth LargeCap NASDAQ Fidelity, ONEQ
0.83% Biotech & Genome, PBE
0.82% Dividend High Yield Equity PS, PEY
0.80% Financial Preferred, PGF
0.80% Utilities, PUI
0.78% Health Care SPDR, XLV
0.73% Value Large Cap DJ, ELV
0.71% Telecommunications & Wireless, PTE
0.70% Health Care VIPERs, VHT
0.67% Software, IGV
0.66% Value MidCap iS M, JKI
0.62% Healthcare DJ, IYH
0.62% Japan Index, EWJ
0.61% Internet H, HHH
0.44% Pharmaceuticals, PJP
0.43% Preferred Stock iS, PFF
0.43% Biotech H, BBH
0.42% Pharmaceutical H, PPH
0.35% Internet Architecture H, IAH
0.25% Utilities H, UTH
0.20% Bond, High-Yield Corporate, HYG
-0.10% Bond, 1-3 Year Treasury, SHY
-0.18% REIT Wilshire, RWR
-0.18% Bond, Aggregate, AGG
-0.23% Bond, Corp, LQD
-0.31% Real Estate US DJ, IYR
-0.31% Realty Cohen & Steers, ICF
-0.32% REIT VIPERs, VNQ
-0.34% Bond, TIPS, TIP
-0.54% Bond, 10 Year Treasury, IEF
-0.78% Internet Infrastructure H, IIH
-1.00% Bond, 20+ Years Treasury, TLT
-1.05% Short 100% QQQ, PSQ
-1.17% Short 100% MidCap 400, MYY
-1.27% Short 100% S&P 500, SH
-1.51% Short 100% Dow 30, DOG
-2.04% Short 200% QQQ PS, QID
-2.22% Short 200% MidCap 400 PS, MZZ
-2.60% Short 200% S&P 500 PS, SDS
-2.86% Short 200% Dow 30 PS, DXD
