Copper fell steeply, breaking down below the lows of the previous 4 weeks and below its 200-day SMA.

Crude Oil, United States Oil ETF (USO) rose above its highs of the previous 6 weeks.

The Dow-Jones Industrial and Transportation Averages diverged after 2/3/12, as Industrials struggled higher but Transports failed to confirm.

The S&P 500 Composite (SPX: 1,361.23) rose above its highs of the previous 9 months but remains within a potential Bearish Rising Wedge chart pattern, which has forming since December. In addition, that pattern is contained within a larger potential Bearish Rising Wedge chart pattern beginning at the October low. Break downs below the lower boundary lines shown on the chart would offer technical warning of a possible fast return to the lows.

NYSE volume languished at a relatively low level, suggesting weak demand for stocks.

My Short-Term Price Momentum Oscillator based on SPX rose above its highs of the previous 5 trading days on Thursday but remains well below its best levels of recent months. In recent weeks, the slowness of the grind higher indicated that the stock market already had lost most of its bullish momentum. We will be watching closely to see if this rally attempt can generate more convincing bullish momentum.

Expect resistance near the 2011 highs, around SPX 1370.58 set on 5/2/2011, allowing plus or minus a few percentage points for Gann’s “lost motion”.

Up big from recent lows, and with very little room above before resistance, Potential Reward relative to potential Risk appears unattractive.

The latest sentiment data, detailed below, indicates alarming degrees of optimism and bullish complacency. When the majority of investors has been bullish for some time, we can assume that they are already fully invested in the market. Once everyone who is going to buy has already bought, stocks are vulnerable to a downside shakeout. The pendulum of emotion tends to swing too far in one direction, but market mood always reverts to the mean.
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Equity Mutual Funds lost 6% in 2011, according to Lipper Research Services.
Hedge funds lost 5%, according to COO Connect.
Hedge funds suffered their second-worst year on record in 2011, according to an index maintained by Eurekahedge, an independent research firm that specializes in hedge fund data. Some of the world’s largest and best-known hedge funds suffered huge losses, down 20% to 50%.

But not all money managers were down in 2011; see:
Robert W. Colby Asset Management, Inc. (click here).
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Stock Market Indicators

The Dow Theory gave a bullish signal on 12/23/10, when both Dow-Jones Industrial and Transportation Averages closed above their closing price highs of the previous 5 months. These two Averages diverged after 2/3/12, however, as Industrials struggled higher while Transports failed to confirm.

NASDAQ Composite/S&P 500 Relative Strength Ratio has been rising since 12/29/12. The Ratio rose above its 50-day SMA on 1/17/12 and rose above its 200-day SMA on 1/18/12, but the 50-day SMA has remained below the 200-day SMA every day since 12/30/11. Absolute price of the NASDAQ Composite gave a bullish signal on 2/3/12 when it rose above the highs of the previous 11 years and the 50-day SMA rose above the 200-day SMA.

iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) rose above its 50-day SMA on 1/17/12, turning neutral. BKF/SPY remains bearishly below its 200-day SMA, and the 50-day SMA has remained bearishly below the 200-day SMA every day since 1/13/11.

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) rose above its 50-day SMA on 1/18/12, turning neutral. EEM/SPY remains bearishly below its 200-day SMA, and the 50-day SMA has remained bearishly below the 200-day SMA every day since 2/3/11.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) whipsawed back above its 50-day SMA on 2/1/12, turning technically neutral again. EFA/SPY fell below the lows of the previous 7 years on 1/6/12, reconfirming the preexisting major bearish trend. EFA/SPY remains below its falling 200-day SMA, and the 50-day SMA has remained bearishly below the 200-day SMA every day since 1/14/11.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) whipsawed below its 50-day SMA on 1/31/12, turning technically neutral. OEX/SPX remains above its 200-day SMA, and the 50-day SMA has remained bullishly above the 200-day SMA every day since 8/25/11. Large Caps tend to outperform in bearish general market trends as investors seek the perceived relative safety of large size. Large Caps tend to underperform Mid Caps and Small Caps in bullish general market trends as investors prefer riskier and more volatile stocks.

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) turned down since 2/3/12. The 50-day SMA has remained below the 200-day SMA consistently every day since 8/11/11.

The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) rose above the highs of the previous 6 months on 2/16/12, signaling a medium-term rally. The 50-day SMA has remained bearishly below the 200-day SMA consistently every day since 8/24/11.
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Sentiment for Contrary Thinking

The latest Commitment of Traders (COT) report shows that the Commercials (giant corporations with deep pockets) have been buying “risk off” defensive futures contracts, specifically, the U.S. dollar and the ten-year Treasury note. On the other side, trend-following Speculators have been buying “risk on” aggressively bullish contracts, setting a new all-time net-long record in the Nasdaq futures. The unusually large size of Speculators’ positions implies a weak-handed, top-heavy stock market.

AAII Sentiment: There were 43% Bulls and 27% Bears, according to the AAII weekly survey reported on 2/16/12. Net bullish opinion is as high as it was last July, near the market top.

Investors Intelligence Sentiment: There were 54.8% Bulls versus 25.8% Bears, according to the Investors Intelligence weekly survey of stock market newsletter advisors reported on 2/15/11. This is the highest level of bullish sentiment since the stock market top in May, 2011.

Investment Newsletters are 75% bullish, the highest since near the major top in year 2000, according to Hulbert Digest.

Market Vane’s Bullish Consensus among Advisors and Newsletters rose to 66% Bulls this month, in the same 64% to 69% range of Bulls from February to July 2011 at the highs.

Short Selling ETFs are trading the lowest volume since the market top in April, 2011, according to Frank D. Gretz of Wellington Shields & Co.

Corporate insiders have been selling their companies’ stock at the heaviest rate since the market peak last July, according to Mark Hulbert at MarketWatch. Insiders sold 577 shares for each 100 shares they bought, according to Argus Research Vickers Weekly Insider Report. That is a big change in insider behavior from 81 shares sold for each 100 shares bought in November. Since corporate insiders (officers, directors, and largest shareholders) know so much more about their companies than the public can possibly know, it is bearish when insiders sell at such a heavy pace.

NYSE short interest collapsed from a high peak of 16.1 billion shares sold short last September, which coincided with the stock market lows, to 12.5 billion shares sold short in February. This is the lowest level since last April, at the market top. Short interest represents a pool of potential demand for stocks, since short sellers eventually must buy back the shares they borrowed. Currently, that pool of demand is depleted.

VIX Fear Index broke down below the lows of the previous 6 months on 2/3/12, hitting 16.10 intraday. That was down from a peak of 48.00 on 8/8/11. Such a large drop in VIX indicated a shift away from fear and toward bullish complacency, which may be bearish. 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.

The S&P 500 Composite Potential Resistance
1576.09, high of 10/11/2007
1552.76, high of 10/31/2007
1523.57, high of 12/11/2007
1498.85, high of 12/26/2007
1440.24, high of 5/19/2008
1406.32, high of 5/29/2008
1381.50, Fibonacci 78.6% of 2007-2009 range
1376.55, Fibonacci 100.0% projection 10/11 range
1370.58, high of 5/2/11
1363.40, high of 2/17/2012

The S&P 500 Composite Potential Support
1337.35, low of 210/2012
1300.49, low of 1/30/2012
1277.58, low of 1/13/2012
1265.26, low of 1/5/2012
1262.30, low of 12/27/2011
1257.50, 200-day SMA
1257.46, low of 12/30/11
1257.58, Fibonacci 61.8% of 2011 range
1255.22, high of 12/22/2011
1248.64, low of 12/29/2011
1244.80, low of 12/7/2011
1239.73, low of 12/1/2011
1238.81, Fibonacci 78.6% of 1,576.09 high
1234.81, low of 11/3/11
1231.04, high of 12/16/11
1226.64, low of 11/9/2011
1222.68, Fibonacci 50% of 2011 range
1224.57, high of 12/19/11
1215.20, low of 12/16/11
1209.47, low of 12/14/2011
1209.43, low of 11/17/2011
1204.49, Fibonacci 23.6% of 2009-11 range
1202.37, low of 12/19/11
1187.77, Fibonacci 38.2% of 2011 range
1158.66, low of 11/25/2011
1144.38, Fibonacci 23.6% of 2011 range
1101.73, Fibonacci 38.2% of 2009-11 range
1074.77, low of 10/4/2011
1039.70, low of 8/27/10
1039.31, Fibonacci 23.6% of June-Aug. 2010 range
1010.91, low of 7/1/2010
1018.69, Fibonacci 50% of 2009-11 range
1008.55, Fibonacci 38.2% of 2009-2010 range
991.97, low of 9/2/2009
978.51, low of 8/17/2009
956.23, high of 6/11/2009
943.29, Gann 50.0% of 2009-2010 range
935.64, Fibonacci 61.8% of 2009-11 range
878.04, Fibonacci 61.8% of 2009-2010 range
874.17, Gann 62.5% of 2009-2010 range
869.32, low of 7/8/2009
817.40, Fibonacci 78.6% of 2009-11 range
805.17, Gann 75.0% of 2009-2010 range
785.13, Fibonacci 78.6% of 2009-2010 range
666.79, intraday low of 3/6/2009
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Fixed-Income Investments

Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) has drifted moderately lower into the neutral zone. TLT fell below its 50-day SMA on 2/1/12. TLT remains above its 200-day SMA. The 50-day SMA has remained above the 200-day SMA every day since 6/24/11, suggesting a persistently bullish major trend for the longer term. Support 114.62, 109.82, 106.08, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance 118.28, 120.91, 121.64, 121.76, 124.02 and 125.03.

Bond, iShares Barclays 7-10 Year U.S. Treasury ETF (IEF) whipsawed back below its 50-day SMA on 2/16/12, turning technically neutral again. IEF remains above its 200-day SMA, and the 50-day SMA has remained bullishly above the 200-day SMA every day since 6/21/11, suggesting a persistently bullish major trend. Support 104.38, 104.00, 103.29, 102.32, 101.36, 101.11, 99.79, and 97.66. Resistance 105.68, 106.49 and 106.66.

Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) fell below the lows of the previous 4 weeks on 2/15/12, confirming a downtrend. JNK/LQD whipsawed back above its 50-day SMA on 2/17/12 but remains below its falling 200-day SMA. The 50-day SMA has remained bearishly below the 200-day SMA every day since 6/20/11.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) remains neutral. The 50-day SMA has remained bearishly below the 200-day SMA every day since 7/15/11.
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Tangible Assets, Commodities

U.S. dollar ETF (UUP) rose above the highs of the previous 3 weeks on 12/16/12 intraday but reversed to close lower, which could be a sign of exhaustion. UUP remains neutral below its 50-day SMA. UUP price remains above its 200-day SMA, and the 50-day SMA has remained above the 200-day SMA every day since 10/26/11. Support 21.84, 21.58, 21.07, and 20.84. Resistance 22.30, 22.41, 22.46, 22.85, 23.52, 25.84, 27.19, 28.97.

Agriculture, PowerShares DB Agriculture Fund ETF (DBA) remains neutral. DBA has been whipsawing up and down through its 50-day SMA for most of 2012. DBA remains below its 200-day SMA, and the 50-day SMA has remained below the 200-day SMA every day since 8/8/11.

Crude Oil, United States Oil ETF (USO) rose above its highs of the previous 6 weeks on 2/17/12. USO rose above its 50-day SMA and rose above a 6-week downtrend line on 2/13/12, suggesting a bullish trend. USO remains above its 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support 36.67, 35.73, 34.54, 32.52, 29.10, 26.28, and 22.74. Resistance 39.96, 40.74, and 45.60.

Gold, SPDR Gold Shares ETF (GLD) drifted moderately lower over the past 2 weeks but remains in bullish position above its 50-day and 200-day SMAs. Longer term, the 50-day SMA has remained bullishly above the 200-day SMA every day since 2/11/09. Support: 166.17, 160.29, 159.68, 158.01, 156.19, 154.55, 148.27, 147.19, 143.97, 143.42, and 142.55. Resistance: 171.23, 175.46, 177.40, and 185.85.

Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio (GDX/GLD) fell below the lows of the previous 3 years on 2/15/12, thereby reconfirming a bearish major trend for the long term. GDX/GLD remains bearishly below its 50-day and 200-day SMAs. Longer term, the 50-day SMA has remained bearishly below the 200-day SMA every day since 2/22/11.

Silver, iShares Silver Trust ETF (SLV) fell below the lows of the previous 3 weeks on 2/16/12 intraday but reversed to slightly higher, possibly suggesting bullish resilience. SLV may have completed a normal mild pullback from a minor high of 33.47 on 2/9/12 to a minor low of 31.82 on 2/16/12. SLV remains above its 50-day SMA but below its falling 200-day SMA, and the 50-day SMA remains below the 200-day SMA. Support 31.82, 30.67, 28.63, 27.83, 25.65, and 24.44. Resistance: 33.47, 34.44, 34.51, 40.23, 41.49, 42.30, 42.78, 44.71 and 48.35.

Silver/Gold ETFs Ratio (SLV/GLD) remains neutral but may be tilting toward the downside. SLV fell below the lows of the previous 10 trading days intraday on 2/15/12, possibly suggesting a downside correction. SLV/GLD remains above its 50-day SMA but below its falling 200-day SMA. Longer term, SLV/GLD fell below the lows of the previous 14 months on 12/28/11, and the 50-day SMA has remained below the 200-day SMA every day since 8/30/11.

Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) broke down below the lows of the previous 4 weeks on 12/17/12. JJC price is below its 200-day SMA, and JJC’s 50-day SMA has remained bearishly below the 200-day SMA every day since 8/8/11.
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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
2.10% , KCE , Capital Markets KWB ST, KCE
0.89% , PXN , Nanotech Lux, PXN
2.99% , NI , NISOURCE
3.68% , URBN , Urban Outfitters Inc.
5.06% , DDS , DILLARD STK A
3.67% , SVU , SUPERVALU
4.91% , HP , Helmerich & Payne HP
4.79% , KWT , Solar Energy MV, KWT
3.37% , BMY , BRISTOL MYERS
4.55% , HNZ , HJ HEINZ
1.00% , PSTL , Steel Global PS ETF, PSTL
2.62% , CPB , CAMPBELL SOUP
3.65% , ZION , ZIONS
4.79% , RSH , RADIOSHACK
1.18% , PIC , Insurance, PIC
5.16% , ODP , OFFICE DEPOT
0.79% , SCZ , Small Cap EAFE MSCI iS, SCZ
2.01% , BSX , BOSTON SCIENT
1.08% , FEZ , Euro STOXX 50, FEZ
4.78% , CECO , CAREER EDUCATION CORP
3.05% , MSI , Motorola Solutions, MSI
0.13% , PFM , Dividend Achievers PS, PFM
0.72% , IYZ , Telecom DJ US, IYZ
2.20% , CMA , COMERICA
2.03% , INTC , INTEL
3.13% , RIG , TRANSOCEAN
2.70% , HBAN , HUNTINGTON
0.90% , EWI , Italy Index, EWI
1.51% , WPO , Washington Post
2.29% , MMC , MARSH & MCLENNAN
1.39% , LLY , ELI LILLY
1.30% , ASH , ASHLAND
0.54% , IXP , Telecommunications Global, IXP

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-14.25% , GILD , Gilead Sciences Inc
-3.62% , GIS , GENERAL MILLS
-2.12% , FDX , FEDEX
-2.42% , XBI , Biotech SPDR, XBI
-2.78% , EOG , EOG RESOURCES
-2.28% , BIIB , BIOGEN IDEC
-1.67% , AMAT , APPLIED MATERIAL
-3.48% , BIDU , Baidu, Inc., BIDU
-2.25% , YHOO , YAHOO
-2.50% , PMTC.O , PARAMETRIC
-1.98% , MBI , MBIA
-1.67% , LUV , SOUTHWEST AIRLS
-0.95% , XRX , XEROX
-2.86% , CROX , CROCS Inc., CROX
-4.73% , DYN , DYNEGY
-0.23% , JKK , Growth SmallCap iS M, JKK
-3.33% , LIZ , LIZ CLAIRBORNE
-2.26% , LRCX , LAM RESEARCH CORP
-1.99% , JWN , NORDSTROM
-0.74% , CEG , CONSTELL ENERGY
-2.59% , LSI , LSI LOGIC
-0.39% , XSD , Semiconductor SPDR, XSD
-0.22% , EMB , Bond EmrgMkt JPM iS, EMB
-1.69% , PGN , PROGRESS ENERGY
-0.68% , IYT , Transportation Av DJ, IYT
-1.22% , CTSH , Cognizant Technology Solutions
-0.67% , CAH , CARDINAL HEALTH
-0.87% , DELL , DELL
-1.15% , PJP , Pharmaceuticals, PJP
-0.30% , PXE , Energy Exploration & Prod, PXE
-0.94% , CAG , CONAGRA FOODS
-0.37% , MHP , MCGRAW HILL
-0.13% , IGN , Networking, IGN
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
2.10% Capital Markets KWB ST, KCE
1.61% Frontier Markets Guggenheim , FRN
1.55% Turkey MSCI iS, TUR
1.47% WilderHill Clean Energy PS, PBW
1.35% Netherlands Index, EWN
1.33% Chile MSCI iS, ECH
1.29% Indonesia MV, IDX
1.20% Germany Index, EWG
1.20% Oil, Crude, U.S. Oil Fund, USO
1.13% EMU Europe Index, EZU
1.07% France Index, EWQ
0.90% Oil Fund PowerShares, DBO
0.90% Italy Index, EWI
0.87% Consumer Discretionary SPDR, XLY
0.85% Austria Index, EWO
0.83% Malaysia Index, EWM
0.81% Latin Am 40, ILF
0.80% Spain Index, EWP
0.80% South Korea Index, EWY
0.79% Small Cap EAFE MSCI iS, SCZ
0.75% Financial Services DJ, IYG
0.72% Telecom DJ US, IYZ
0.70% Sweden Index, EWD
0.65% Financial SPDR, XLF
0.59% Financials VIPERs, VFH
0.58% Value EAFE MSCI, EFV
0.58% Belgium Index, EWK
0.57% Thailand MSCI iS, THD
0.55% Singapore Index, EWS
0.53% European VIPERs, VGK
0.51% Global 100, IOO
0.51% Financial DJ US, IYF
0.49% India PS, PIN
0.47% India Earnings WTree, EPI
0.46% Value S&P 500 B, IVE
0.46% United Kingdom Index, EWU
0.45% Value 1000 Russell, IWD
0.45% EAFE Index, EFA
0.44% Global ex US ACWI iS, ACWX
0.43% Europe 350 S&P Index, IEV
0.43% Value VIPERs, VTV
0.41% Water Resources, PHO
0.40% Homebuilders SPDR, XHB
0.40% Financial Preferred, PGF
0.40% Value LargeCap Dynamic PS, PWV
0.40% Energy DJ, IYE
0.39% Brazil Index, EWZ
0.39% Dividend International, PID
0.38% Industrial SPDR, XLI
0.38% Energy SPDR, XLE
0.37% Switzerland Index, EWL
0.36% Hong Kong Index, EWH
0.36% Dividend DJ Select, DVY
0.36% LargeCap Blend S&P 100, OEF
0.33% Energy VIPERs, VDE
0.27% LargeCap Blend S&P=Weight R, RSP
0.27% Dividend SPDR, SDY
0.27% S&P 500 SPDRs LargeCap Blend, SPY
0.26% Growth EAFE MSCI, EFG
0.26% Microcap Russell, IWC
0.25% Value MidCap Russell, IWS
0.25% Emerging VIPERs, VWO
0.24% S&P 500 iS LargeCap Blend, IVV
0.23% Preferred Stock iS, PFF
0.23% LargeCap VIPERs, VV
0.23% Emerging 50 BLDRS, ADRE
0.21% Dividend High Yield Equity PS, PEY
0.21% Agriculture DB PS, DBA
0.20% LargeCap Blend Russell 3000, IWV
0.19% Emerging Markets, EEM
0.18% Value SmallCap Russell 2000, IWN
0.17% Dividend Appreciation Vipers, VIG
0.17% LargeCap 1000 R, IWB
0.16% Real Estate US DJ, IYR
0.15% Japan Index, EWJ
0.15% Realty Cohen & Steers, ICF
0.14% Blend Total Market VIPERs, VTI
0.13% Value SmallCap S&P 600 B, IJS
0.13% Value SmallCap VIPERS, VBR
0.12% DIAMONDS (DJIA), DIA
0.10% Bond, High-Yield Junk, JNK
0.09% Consumer Staples SPDR, XLP
0.08% Value MidCap S&P 400 B, IJJ
0.08% REIT VIPERs, VNQ
0.07% MidCap Russell, IWR
0.06% Pacific VIPERs, VPL
0.06% Growth S&P 500/BARRA, IVW
0.05% Materials SPDR, XLB
0.05% SmallCap S&P 600, IJR
0.05% Energy & Nat Res iS GS, IGE
0.03% Russia MV, RSX
0.02% Energy Global, IXC
0.01% Growth VIPERs, VUG
0.00% Technology SPDR, XLK
0.00% Taiwan Index, EWT
0.00% Bond Treasury Short-Term iS, SHV
-0.01% REIT Wilshire, RWR
-0.01% SmallCap Russell 2000, IWM
-0.02% Growth 1000 Russell, IWF
-0.02% Bond, 1-3 Year Treasury, SHY
-0.03% Bond, 20+ Years Treasury, TLT
-0.03% Bond, High-Yield Corporate, HYG
-0.04% Growth BARRA Small Cap 600, IJT
-0.05% Growth MidCap Russell, IWP
-0.05% MidCap S&P 400 iS, IJH
-0.06% Basic Materials DJ US, IYM
-0.06% Utilities SPDR, XLU
-0.06% Bond Muni ATM-Free S&P iS, MUB
-0.06% Small Cap VIPERs, VB
-0.07% MidCap S&P 400 SPDRs, MDY
-0.10% Bond, 10 Year Treasury, IEF
-0.12% Utilities VIPERs, VPU
-0.13% Networking, IGN
-0.13% Bond, Aggregate, AGG
-0.13% Info Tech VIPERs, VGT
-0.14% China 25 iS, FXI
-0.15% Bond, Corp, LQD
-0.17% Commodity Tracking, DBC
-0.20% Bond Ex-US Treas, BWX
-0.21% South Africa Index, EZA
-0.22% Bond EmrgMkt JPM iS, EMB
-0.22% Growth SmallCap VIPERs, VBK
-0.22% Technology DJ US, IYW
-0.24% Bond, TIPS, TIP
-0.27% Bear, Short S&P 500, SH
-0.30% Growth MidCap 400 B, IJK
-0.30% Mexico Index, EWW
-0.31% QQQ Nasdaq 100 Trust, QQQ
-0.33% Health Care SPDR, XLV
-0.34% Growth SmallCap R 2000, IWO
-0.35% Canada Index, EWC
-0.35% China LargeCap Growth G D H USX PS, PGJ
-0.39% Gold Shares S.T., GLD
-0.39% Pacific ex-Japan, EPP
-0.39% Semiconductor SPDR, XSD
-0.68% Transportation Av DJ, IYT
-0.77% Australia Index, EWA
-0.90% Silver Trust iS, SLV
-0.93% Semiconductor iS IGW, SOXX
-0.95% Metals & Mining SPDR, XME
-2.42% Biotech SPDR, XBI