Industrial Stock Sector gave a bullish signal when the close price crossed above its 50-day simple moving average on Tuesday. Price remains above its 200-day simple moving average, and the 50-day is above the 200. The Relative Strength Ratio (XLI/SPY) confirms this bullish price picture.
The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) is bullish, above rising 50- and 200-day simple moving averages, and the 50 is above the 200 SMA. Absolute price crossed above its 50-day simple moving average on 2/16/10, thereby producing a bullish signal. IWM remains above its rising 200-day simple moving average, and the 50 is above the 200 SMA.
The Mid Cap/Large Cap ETF (MDY/SPY) price crossed above its 50-day simple moving average on 2/16/10, thereby producing a bullish signal. MDY remains above its rising 200-day simple moving average, and the 50 is above the 200 SMA.
Crude Oil and Gold nearest futures contract prices both rose above 50-day simple moving averages on 2/16/10, thereby producing bullish signals. Oil and Gold are now in strong positions, above rising 50- and 200-day simple moving averages, and the 50 SMAs are above the 200 SMAs.
S&P 500 Composite (SPX) rose above the highs of the previous 6 trading days on 2/16/10. Various short-term oscillators, such as RSI 14, rose above the highs of the previous 3 weeks on 2/16/10, thereby showing bullish divergence compared to price. Absolute price of SPX remains neutral below its 50-day but above its 200-day simple moving average, suggesting a normal minor correction in a larger bullish trend. The 50-day MA is well above the 200-day MA.
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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
3.11% , FEZ , Euro STOXX 50, FEZ
6.70% , GPC , GENUINE PARTS
2.88% , PXE , Energy Exploration & Prod, PXE
1.62% , ONEQ , Growth LargeCap NASDAQ Fidelity, ONEQ
1.62% , IYC , Consumer Cyclical DJ, IYC
1.67% , SWH , Software H, SWH
8.40% , SNV , SYNOVUS
1.61% , PEY , Dividend High Yield Equity PS, PEY
1.75% , PIC , Insurance, PIC
1.61% , FDL , Dividend Leaders, FDL
1.83% , NY , Value LargeCap NYSE 100 iS, NY
1.90% , NYC , LargeCap Blend NYSE Composite iS, NYC
2.89% , IGE , Natural Resource iS GS, IGE
1.96% , JKK , Growth SmallCap iS M, JKK
6.93% , BHH , Internet B2B H, BHH
1.22% , PBJ , Food & Beverage, PBJ
7.49% , SIRI , Sirius Satellite
2.43% , PMR , Retail, PMR
2.21% , PXQ , Networking, PXQ
2.20% , UTH , Utilities H, UTH
3.64% , DRI , DARDEN REST
1.59% , PPA , Aerospace & Defense, PPA
5.60% , NIHD , NII Holdings, Inc.
6.78% , IP , INTL PAPER
1.01% , IGN , Networking, IGN
1.90% , RFV , Value MidCap S&P 400, RFV
1.75% , TMW , Wilshire 5000 ST TM, TMW
3.59% , FII , FED INVESTORS STK B
1.71% , PID , Dividend International, PID
1.83% , IWW , Value LargeCap Russell 3000, IWW
1.32% , TBH , Telebras HOLDRS, TBH
4.32% , NYT , NY TIMES STK A
1.42% , IXP , Telecommunications Global, IXP
2.59% , WFMI , Whole Foods Market Inc
2.40% , IAU , Gold COMEX iS, IAU
4.12% , APA , APACHE
4.09% , C , CITIGROUP
1.28% , GR , GOODRICH CORP
4.13% , LPX , LOUISIANA PAC
2.17% , ELV , Value Large Cap DJ, ELV
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-3.46% , CTAS , CINTAS
-4.85% , DYN , DYNEGY
-4.35% , LVLT , LEVEL 3 COMMUNICATIONS
-0.97% , SRE , SEMPRA ENERGY
-1.47% , WLP , WELLPOINT HEALTH
-0.64% , RIG , TRANSOCEAN
-0.97% , ADM , ARCHER DANIELS
-1.19% , PSQ , Short 100% QQQ, PSQ
-1.22% , TEVA , Teva Pharmaceutical Industries Limited
-1.71% , UNH , UNITEDHEALTH GRP
-1.39% , SNPS , Synopsys Inc
-1.78% , AMZN , Amazoncom Inc
-0.30% , GILD , Gilead Sciences Inc
-0.68% , PHM , PULTE HOMES
-0.45% , PFE , PFIZER
-2.39% , CTB , COOPER TIRE
-1.46% , HAS , HASBRO
-0.15% , NWL , NEWELL RUBBER
-0.35% , PST , 200% Short Bond 7-10 Yr T, PST
-0.16% , BIIB , BIOGEN IDEC
-0.39% , GENZ , GENZYME GEN
-0.11% , MCHP , Microchip Technology Incorporated
-0.12% , CI , CIGNA
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) remains in strong position, above its rising 50- and 200-day simple moving averages, and the 50 is above the 200. Absolute price of XLY is neutral, 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.
Industrial (XLI) Bullish, Overweight. The Relative Strength Ratio (XLI/SPY) remains bullish, above rising 50-day and 200-day simple moving averages and with the 50 MA greater than the 200 MA. Absolute price of XLI crossed above its 50-day simple moving average on 2/16/10, price remains above its 200-day simple moving average, and the 50-day is above the 200. Support 26.66 and 25.20. Resistance 28.41, 29.61, 30.56 and 32.00.
Health Care (XLV) Neutral, Market Weight. The Relative Strength Ratio (XLV/SPY) moved lower over the past 5 trading days but is still bullish, holding slightly above rising 50- and 200-day simple moving averages. Absolute price of XLV is in a neutral trend, positioned 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.
Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) and absolute price are both neutral, positioned between their 50- and 200-day simple moving averages. 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) is neutral, between its 50- and 200-day simple moving averages. Absolute price gave a bullish signal on 2/16/10 by crossing above its 50-day simple moving average. Price remains above the 200-day simple moving average, and the 50 is above the 200. Support 26.04, 25.93 and 25.71. Resistance 26.81, 27.04, 27.18 and 29.29.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY ) remains below both 50- and 200-day simple moving averages but the gap has been narrowing since the low on 1/29/10. Absolute price is neutral below its 50-day but above its 200-day simple moving average. Support 29.48, 28.95 and 28.67. Resistance 32.57, 33.73 and 34.52.
Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) and absolute price remain neutral, positioned between 50-day and 200-day simple moving averages. 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) remains bearish, below its 50- and 200-day simple moving averages. Absolute price of XLU remains below its 50-day but rose back above its 200-day simple moving average. Support 28.45 and 28.10. Resistance 29.98, 31.30, 31.64 and 32.08.
Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) remains bearish, below its 50- and 200-day simple moving averages. Absolute price of XLF remains neutral, 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.
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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. EEM/SPY remains below both its 50-day and 200-day simple moving averages. Absolute 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 its 50-day and 200-day simple moving averages. In addition, the 50-day is below the 200-day simple moving average, which is bearish. Absolute price of EFA fell below the lows of the previous 5 months on 2/5/10 and is below its 50-day but above its 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 rising 50-day simple moving average on 2/5/10 and remains above its rising 200-day simple moving average. In addition, the 50-day is well above the 200-day simple moving average, which is bullish. Absolute price remains below its 50-day but above its 200-day simple moving average, and the 50- day is well above the 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. In addition, the 50-day is below the 200-day simple moving average, which is bearish. 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) is bullish, above rising 50- and 200-day simple moving averages, and the 50 is above the 200 SMA. Absolute price crossed above its 50-day simple moving average on 2/16/10, thereby producing a bullish signal. IWM remains above its rising 200-day simple moving average, and the 50 is above the 200 SMA.
The Mid Cap/Large Cap Relative Strength Ratio (MDY/SPY) broke out to a new 15-year high on 2/12/10. MDY/SPY rose further above its rising 50- and 200-day simple moving averages. The 50 MA rose further above the 200 MA. All of this is relatively bullish. Absolute price crossed above its 50-day simple moving average on 2/16/10, thereby producing a bullish signal. MDY remains above its rising 200-day simple moving average, and the 50 is above the 200 SMA.
Crude Oil nearest futures contract price rose above its 50-day simple moving average on 2/16/10, thereby producing a bullish signal. Oil is now in a strong position, above its rising 50- and 200-day simple moving averages, and the 50 is above the 200 SMA. Support 72.60, 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 rose above its 50-day simple moving average on 2/16/10, thereby producing a bullish signal. Oil is now in a strong position, above its rising 50- and 200-day simple moving averages, and the 50 is above the 200 SMA. Support 1045.2, 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) remains in bearish position, below both 50- and 200-day simple moving averages, and the 50 is below the 200 SMA. The gold mining stocks have underperformed gold bullion since 9/17/09. Absolute price of GDX is neutral, between 50- and 200-day simple moving averages.
Silver/Gold Ratio fell sharply from 1/19/10 to 2/8/10, breaking below both 50- and 200-day simple moving averages. The 50 MA crossed below the 200 MA on 2/10/10, indicating a bearish trend. The Ratio has been trending lower since its peak on 9/16/09, following 11 months of rising trend. Weakness in the Silver/Gold Ratio suggests doubts about prospects for the world economy.
Copper nearest futures contract price rose above the highs of the previous 2 weeks on 2/16/10. Strength in Copper suggests renewed hope about prospects for the world economy. Support 2.811, 2.64 and 2.4575. Resistance 3.267, 3.47, 3.544, 3.5625, 3.5625, and 3.79.
U.S. Treasury Bond nearest futures contract price broke down below 3-week lows on 2/11/10. The Bond price fell back below both its falling 50-day and 200-day simple moving averages on 2/10/10, thereby signaling a weak technical position. Support 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) sagged below 10-week lows on 2/12/10. JNK/LQD remains below its 50-day but slightly above its rising 200-day simple moving average. Absolute price of JNK also remains below its 50-day but slightly above its rising 200-day simple moving average.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) turned down after 1/8/10 and fell to an 8-week low on 2/12/10. TIP/IEF remains below its 50-day but above its rising 200-day simple moving average, which indicates a neutral trend. Investors appear less concerned about inflation since 1/8/10.
The U.S. dollar nearest futures contract price is in a strong position. The 50-day simple moving average crossed above the 200-day simple moving average on 2/16/10, for a bullish signal. 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 79.65, 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 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 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) rose above the highs of the previous 6 trading days on 2/16/10. Various short-term oscillators, such as RSI 14, rose above the highs of the previous 3 weeks on 2/16/10, thereby showing bullish divergence compared to price. Absolute price of SPX remains neutral below its 50-day but above its 200-day simple moving average, suggesting a normal minor correction in a larger bullish trend. The 50-day MA is well above the 200-day MA. 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. 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
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
6.93% Internet B2B H, BHH
4.08% Oil, Crude, U.S. Oil Fund, USO
4.04% Australia Index, EWA
3.81% Silver Trust iS, SLV
3.76% Metals & Mining SPDR, XME
3.50% France Index, EWQ
3.27% South Africa Index, EZA
3.26% Ultra MidCap400 Double, MVV
3.16% Ultra S&P500 Double, SSO
3.11% Euro STOXX 50, FEZ
3.04% Commodity Tracking, DBC
3.04% Austria Index, EWO
3.00% Ultra Dow30 Double, DDM
2.98% Financials Global LargeCap Value, IXG
2.98% REIT Wilshire, RWR
2.89% Spain Index, EWP
2.89% Natural Resource iS GS, IGE
2.88% Energy Exploration & Prod, PXE
2.87% EMU Europe Index, EZU
2.83% Pacific ex-Japan, EPP
2.83% REIT VIPERs, VNQ
2.83% Germany Index, EWG
2.83% Value Small Cap DJ, DSV
2.80% Realty Cohen & Steers, ICF
2.70% Value LargeCap Euro STOXX 50 DJ, FEU
2.68% Real Estate US DJ, IYR
2.67% Utilities, PUI
2.64% Basic Materials DJ US, IYM
2.63% European VIPERs, VGK
2.63% Latin Am 40, ILF
2.60% Developed 100 BLDRS, ADRD
2.58% Emerging Markets, EEM
2.57% Brazil Index, EWZ
2.55% Emerging VIPERs, VWO
2.52% Materials SPDR, XLB
2.52% Ultra QQQ Double, QLD
2.52% Materials VIPERs, VAW
2.51% United Kingdom Index, EWU
2.49% Energy Global, IXC
2.47% Switzerland Index, EWL
2.46% Value EAFE MSCI, EFV
2.45% Mexico Index, EWW
2.43% Retail, PMR
2.41% Energy VIPERs, VDE
2.41% Gold Shares S.T., GLD
2.36% Industrial SPDR, XLI
2.36% Energy SPDR, XLE
2.34% Oil & Gas, PXJ
2.34% Building & Construction, PKB
2.32% Growth Small Cap DJ, DSG
2.30% Europe 350 S&P Index, IEV
2.28% Semiconductor SPDR, XSD
2.27% Canada Index, EWC
2.27% Energy DJ, IYE
2.27% Europe 100 BLDRS, ADRU
2.27% Value Line Timeliness MidCap Gr, PIV
2.27% China LargeCap Growth G D H USX PS, PGJ
2.25% Emerging 50 BLDRS, ADRE
2.23% Growth EAFE MSCI, EFG
2.23% Italy Index, EWI
2.23% Semiconductor H, SMH
2.22% EAFE Index, EFA
2.22% Financial DJ US, IYF
2.20% Utilities H, UTH
2.18% Semiconductor iS GS, IGW
2.18% Value LargeCap Fundamental RAFI 1000, PRF
2.17% LargeCap Blend S&P 1500 iS, ISI
2.17% Value Large Cap DJ, ELV
2.16% Value SmallCap iS M, JKL
2.12% Industrials VIPERs, VIS
2.12% Global 100, IOO
2.10% Bank Regional H, RKH
2.10% Financial Services DJ, IYG
2.08% Financial SPDR, XLF
2.08% Value SmallCap VIPERS, VBR
2.05% LargeCap Blend Core iS M, JKD
2.05% Semiconductors, PSI
2.02% Value MidCap iS M, JKI
2.01% Financials VIPERs, VFH
2.00% Micro Cap Zachs, PZI
2.00% Value MidCap Dynamic PS, PWP
1.99% South Korea Index, EWY
1.96% Growth SmallCap iS M, JKK
1.95% Value MidCap Russell, IWS
1.92% MidCap Blend Core iS M, JKG
1.91% SmallCap PS Zacks, PZJ
1.91% MidCap Russell, IWR
1.91% Asia 50 BLDRS, ADRA
1.90% MidCap VIPERs, VO
1.90% India Earnings WTree, EPI
1.90% LargeCap Blend NYSE Composite iS, NYC
1.88% Value SmallCap Russell 2000, IWN
1.88% WilderHill Clean Energy PS, PBW
1.87% Value S&P 500, RPV
1.85% MidCap S&P 400 iS, IJH
1.85% Transportation Av DJ, IYT
1.84% LargeCap Blend Socially Responsible iS, KLD
1.84% Value LargeCap iS M, JKF
1.84% Value MidCap S&P 400 B, IJJ
1.83% Value LargeCap Russell 3000, IWW
1.83% Value LargeCap NYSE 100 iS, NY
1.83% Homebuilders SPDR, XHB
1.82% Growth SmallCap VIPERs, VBK
1.82% MidCap Growth iS M, JKH
1.81% LargeCap Blend S&P=Weight R, RSP
1.81% Global Titans, DGT
1.81% Value SmallCap S&P 600, RZV
1.80% Value S&P 500 B, IVE
1.79% Utilities VIPERs, VPU
1.79% Technology MS sT, MTK
1.79% Growth S&P 500, RPG
1.79% Growth MidCap S&P 400, RFG
1.79% Growth BARRA Small Cap 600, IJT
1.77% Utilities DJ, IDU
1.76% IPOs, First Tr IPOX-100, FPX
1.75% Value 1000 Russell, IWD
1.75% Insurance, PIC
1.75% Wilshire 5000 ST TM, TMW
1.74% Netherlands Index, EWN
1.74% Oil Services H, OIH
1.74% Utilities SPDR, XLU
1.73% Hong Kong Index, EWH
1.72% Pacific VIPERs, VPL
1.72% Extended Mkt VIPERs, VXF
1.71% Industrial LargeCap Blend DJ US, IYJ
1.71% Dividend International, PID
1.71% SmallCap Core iS M, JKJ
1.70% MidCap S&P 400 SPDRs, MDY
1.70% Growth Mid Cap Dynamic PS, PWJ
1.70% Small Cap VIPERs, VB
1.69% LargeCap VIPERs, VV
1.69% SmallCap Russell 2000, IWM
1.69% Telecommunications & Wireless, PTE
1.68% Blend Total Market VIPERs, VTI
1.68% Dividend DJ Select, DVY
1.68% Value VIPERs, VTV
1.67% China 25 iS, FXI
1.67% Software H, SWH
1.66% Microcap Russell, IWC
1.64% Growth MidCap 400 B, IJK
1.63% Dividend Achievers PS, PFM
1.63% LargeCap 1000 R, IWB
1.62% Growth LargeCap NASDAQ Fidelity, ONEQ
1.62% Consumer Cyclical DJ, IYC
1.61% LargeCap Rydex Rus Top 50, XLG
1.61% Dividend Leaders, FDL
1.61% Dividend SPDR, SDY
1.61% Dividend High Yield Equity PS, PEY
1.61% SmallCap S&P 600, IJR
1.61% Consumer Discretionary SPDR, XLY
1.60% LargeCap Blend Dynamic PS, PWC
1.59% Aerospace & Defense, PPA
1.58% Growth MidCap Russell, IWP
1.58% Consumer D. VIPERs, VCR
1.58% LargeCap Blend Russell 3000, IWV
1.58% S&P 500 iS LargeCap Blend, IVV
1.57% S&P 500 SPDRs LargeCap Blend, SPY
1.57% Technology Global, IXN
1.56% Growth S&P 500/BARRA, IVW
1.56% LargeCap Blend Total Market DJ, IYY
1.56% Singapore Index, EWS
1.55% Dividend Appreciation Vipers, VIG
1.54% OTC Dynamic PS, PWO
1.53% Software, PSJ
1.52% DIAMONDS (DJIA), DIA
1.51% LargeCap Blend S&P 100, OEF
1.50% Value SmallCap Dynamic PS, PWY
1.50% Technology SPDR, XLK
1.49% Technology GS, IGM
1.48% Leisure & Entertainment, PEJ
1.47% Sweden Index, EWD
1.47% Growth Large Cap, ELG
1.47% Growth LargeCap iS M, JKE
1.46% Technology DJ US, IYW
1.46% Growth VIPERs, VUG
1.44% Malaysia Index, EWM
1.43% Info Tech VIPERs, VGT
1.42% Telecommunications Global, IXP
1.41% Retail H, RTH
1.38% Capital Markets KWB ST, KCE
1.38% Healthcare Global, IXJ
1.37% Belgium Index, EWK
1.33% Growth LargeCap Russell 3000, IWZ
1.33% Value SmallCap S&P 600 B, IJS
1.32% Software, IGV
1.32% Lg Cap Growth PSD, PWB
1.31% Growth SmallCap R 2000, IWO
1.31% Growth 1000 Russell, IWF
1.29% Telecom Services VIPERs, VOX
1.28% Consumer Staples VIPERs, VDC
1.28% Growth LargeCap NASDAQ 100, QQQQ
1.26% Pharmaceuticals, PJP
1.22% Food & Beverage, PBJ
1.19% Taiwan Index, EWT
1.15% Telecom DJ US, IYZ
1.14% Internet Architecture H, IAH
1.12% Consumer Non-Cyclical, IYK
1.10% Value 40 Large Low P/E FT DB, FDV
1.02% Consumer Staples SPDR, XLP
1.02% Japan Index, EWJ
1.01% Networking, IGN
1.01% Healthcare DJ, IYH
0.99% Bond, High-Yield Corporate, HYG
0.98% Biotech & Genome, PBE
0.94% Nanotech Lux, PXN
0.87% Health Care SPDR, XLV
0.87% Health Care VIPERs, VHT
0.86% Pharmaceutical H, PPH
0.86% Financial Preferred, PGF
0.85% Value LargeCap Dynamic PS, PWV
0.81% Growth SmallCap Dynamic PS, PWT
0.78% Telecom H, TTH
0.69% Water Resources, PHO
0.67% Preferred Stock iS, PFF
0.66% Japan LargeCap Blend TOPIX 150, ITF
0.65% Internet Infrastructure H, IIH
0.39% Bond, Corp, LQD
0.35% Internet H, HHH
0.35% Biotech SPDR, XBI
0.29% Bond, TIPS, TIP
0.25% Bond, Aggregate, AGG
0.23% Biotech H, BBH
0.22% Bond, 10 Year Treasury, IEF
0.19% Bond, 20+ Years Treasury, TLT
0.01% Bond, 1-3 Year Treasury, SHY
-0.35% Short 200% Bond 7-10 Yr T, PST
-0.51% Short 200% US T Bond, TBT
-1.19% Short 100% QQQ, PSQ
-1.48% Short 100% Dow 30, DOG
-1.61% Short 100% S&P 500, SH
-1.72% Short 100% MidCap 400, MYY
-2.40% Short 200% QQQ PS, QID
-3.05% Short 200% Dow 30 PS, DXD
-3.20% Short 200% S&P 500 PS, SDS
-3.31% Short 200% MidCap 400 PS, MZZ
