S&P 500 Composite (SPX, 1,335.10) fell 12.22 or 0.91% on Thursday. Trading volume rose to confirm the downtrend. SPX closed below the closing prices of the previous 9 trading days. Momentum indicators (such as RSI, MACD, and Stochastics) based on SPX fell further following their bearish divergences, that is, they never made it back to their February peaks.
I previously pointed out that the major stock price indexes showed signs of exhaustion and reversal. Sentiment indicators have been suggesting that the stock market may be over loved and overbought. And in view of the sharp reversals in commodities, the so-called “inflation trade”, when speculators buy stocks and sell fixed-income instruments based on expectations of rising price levels, appears to be unwinding. In addition, the U.S. stock market is entering its worst performing season, May through October.
The CRB Index of commodity prices fell steeply, breaking 7-week lows.
Crude Oil price fell below the lows of the previous 7 weeks, again confirming a short-term price pullback.
Gold price fell below the lows of the previous 3 weeks, again confirming a short-term price pullback. On 5/2/11, I wrote, “Gold looks overextended, however, and could be due for a downside correction.”
Silver fell below the lows of the previous 7 weeks, again reconfirming a short-term price downtrend, which appears to be dampening inflation expectations
Silver/Gold Ratio broke sharply below the lows of the previous 10 weeks, reconfirming the remarkable downtrend since the peak on 4/28/11.
Copper fell below the lows of the previous 6 weeks. Copper appears to be in an intermediate-term correction since peaking at 4.6575 on 2/15/11.
U.S. Treasury Bond nearest futures contract price rose above the highs of the previous 6-weeks. The Bond may have been building an intermediate-term bullish base.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell steeply in May, confirming a short-term downtrend. TIP/IEF entered a downside correction phase after rising above 2-year highs on 4/8/11.
The U.S. dollar rose above the highs of the previous 5 trading days, suggesting a possible rally attempt.
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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
7.58% , NVLS , NOVELLUS SYS
8.84% , ERTS , ELECTRONIC ARTS
6.94% , ROST , Ross Stores Inc
3.99% , DDS , DILLARD STK A
5.24% , CCL , CARNIVAL STK A
7.43% , CECO , CAREER EDUCATION CORP
0.68% , TLH , Bond 10-20 Year US Treas, TLH
4.46% , BMC.O , BMC SOFTWARE
2.51% , QLGC , QLOGIC
2.75% , NYT , NY TIMES STK A
1.31% , IYT , Transportation Av DJ, IYT
2.86% , FDX , FEDEX
1.92% , BMS , BEMIS
2.32% , LUV , SOUTHWEST AIRLS
1.24% , EL , Estee Lauder
2.38% , SWK , Stanley Black & Decker
2.32% , TGT , TARGET
0.50% , RZV , Value SmallCap S&P 600, RZV
0.29% , ACV , Alberto-Culver Co.
0.90% , PRU , PRUDENTIAL FINL
0.73% , SLE , SARA LEE
2.25% , NIHD , NII Holdings, Inc.
1.93% , PWER , POWER ONE
2.72% , HMA , HEALTH MGMT STK A
1.64% , VFC , VF
0.97% , TIN , TEMPLE INLAND
2.04% , DXD , Short 200% Dow 30 PS, DXD
1.51% , LLL , L-3 COMMS HLDGS
1.06% , TNB , THOMAS & BETTS
1.68% , SDS , Short 200% S&P 500 PS, SDS
2.04% , BC , BRUNSWICK
2.08% , MOLX , MOLEX
1.40% , HOT , STARWOOD HOTELS
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-2.83% , EZU , EMU Europe Index, EZU
-1.78% , PSTL , Steel Global PS ETF, PSTL
-2.25% , ADRU , Europe 100 BLDRS, ADRU
-9.24% , DBO , Oil Fund PowerShares, DBO
-2.36% , EWU , United Kingdom Index, EWU
-9.11% , USO , Oil, Crude, U.S. Oil Fund, USO
-2.94% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-6.70% , DBC , Commodity Tracking, DBC
-0.31% , UTH , Utilities H, UTH
-1.75% , IOO , Global 100, IOO
-2.76% , EZA , South Africa Index, EZA
-11.89% , SLV , Silver Trust iS, SLV
-6.38% , VMC , VULCAN MATERIALS
-1.07% , PXN , Nanotech Lux, PXN
-1.99% , EIS , Israel MSCI iS, EIS
-1.42% , DGT , Global Titans, DGT
-0.70% , NYC , LargeCap Blend NYSE Composite iS, NYC
-4.97% , JCP , JC PENNEY
-1.92% , SNI , Scripps Networks Interactive
-2.20% , EWC , Canada Index, EWC
-2.87% , MRVL , MARVELL TECHNOLOGY
-3.08% , BIG , BIG LOTS
-3.03% , MET , METLIFE
-3.43% , BHI , BAKER HUGHES
-2.90% , BRCM , BROADCOM STK A
-0.68% , IYK , Consumer Non-Cyclical, IYK
-2.16% , EFV , Value EAFE MSCI, EFV
-2.87% , CCE , COCA COLA ENTER
-2.90% , IAU , Gold COMEX iS, IAU
-3.88% , MRO , MARATHON OIL
-0.89% , JKD , LargeCap Blend Core iS M, JKD
-0.93% , IWW , Value LargeCap Russell 3000, IWW
-0.46% , IXJ , Healthcare Global, IXJ
9 major U.S. stock sectors ranked in order of long-term relative strength:
Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) has been consolidating previous gains since 11/26/10. Absolute price rose above 3-year highs on 4/28/11, which is bullish. Support 38.90, 38.46, 36.61, 36.13, 35.32, 35.02, 34.78, 33.94, 33.11, 32.66, 31.70, 29.80, 28.64, 28.21, and 26.62. Resistance 40.72.
Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) has been consolidating gains since 4/4/11 and remains neutral. Absolute price rose above previous 2-year highs on 4/29/11. Support 37.39, 36.24, 35.08, 35.03, 31.82, 31.58, 30.79, 30.51, 30.32, 29.77, and 27.67. Resistance 39.0 and 39.97.
Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) fell steeply since 4/29/11 but remains neutral. Absolute price has been falling steeply since 5/2/11 but remains neutral. Support 72.85, 68.73, 67.49, 65.25, 65.03, 60.96, 60.21, 57.70, 55.68, 53.22, 50.33, 48.56, 46.16, and 43.66. Resistance 80.97, 83.27, and 91.42.
Health Care (XLV) Neutral, Market Weight. The Relative Strength Ratio (XLV/SPY) remains neutral based on moving average relationships, with the 50-day SMA of the RS Ratio below the 200-day SMA. Absolute price remains bullish. Support 32.57, 31.43, 30.14, 30.11, 29.87, 28.00, 27.49. Resistance 36.67 and 37.89.
Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) remains neutral, based on moving average relationships, with the 50-day SMA of the RS Ratio below the 200-day SMA. Absolute price remains bullish. Support 29.64, 28.71, 28.22, 28.04, 27.76, 27.63, 27.46, 26.34, 25.30, and 24.95. Resistance: none.
Technology (XLK) Bearish, Under Weight. The Relative Strength Ratio (XLK/SPY) fell below 13-month lows on 4/5/11. The Ratio gave a clear bearish signal on 3/22/11 when the 50-day SMA of the RS Ratio crossed below the 200-day SMA. Absolute price of XLK peaked on 2/18/11 and remains neutral. Support 25.20, 24.87, 23.87, 23.74, 23.64, 23.56, 22.68, 22.53, 21.60, 20.01, and 19.51. Resistance 27.09, 27.43, 27.63, and 28.60.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) ) has been correcting since 4/5/11 and remains neutral. Absolute price has been consolidating gains since 4/6/11. Support 38.44, 38.06, 36.44, 34.20, 33.70, 32.36, 29.88, 29.43, and 27.67. Resistance 41.28, 43.04, 45.21, 45.21, and 46.54.
Utilities (XLU) Neutral, Market Weight. The Relative Strength Ratio (XLU/SPY) remains neutral, based on moving average relationships, with the 50-day SMA of the RS Ratio below the 200-day SMA. Absolute price rose further above 2-year highs on 5/3/11 and remains bullish. Support 31.35, 31.20, 30.74, 30.53, 29.66, 27.91, 27.44, and 25.76. Resistance 34.89 and 36.24.
Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) fell below 2-year lows on 5/2/11 and remains bearish. Absolute price fell below 3-week lows on 4/18/11 and remains neutral. Support 15.79, 15.39, 15.08, 14.36, 14.25, 14.20, 13.29, and 13.08. Resistance 16.75, 16.85, 17.20, and 17.87.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) gave a bearish signal on 5/3/11 by crossing below its 50-day SMA. The Ratio remains below the 200-day SMA, and the 50-day SMA remains below the 200-day SMA.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) remains neutral, with the 50-day SMA below the 200-day SMA.
NASDAQ Composite/S&P 500 Relative Strength Ratio has been consolidating previous gains since 1/18/11 and remains neutral. Absolute price rose above 10-year highs on 4/28/11, reconfirming a bullish major price trend.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) fell further below 28-year lows on 4/21/11, again reconfirming its preexisting bearish major trend.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell below its 50-day SMA on 5/3/11 and is now neutral. The Ratio lost upside momentum since 4/5/11, when it rose above all-time highs.
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) fell below its 50-day SMA on 5/3/11 and is now neutral. The Ratio lost upside momentum since 4/5/11, when it rose above all-time highs.
Crude Oil nearest futures contract price fell below the lows of the previous 7 weeks on 5/5/11, again confirming a short-term price pullback. Oil rose above 2-year highs on 5/2/11, confirming uptrends in longer-term timeframes. Support 97.02, 96.22, 95.14, 87.09, 83.85, 83.55, 80.28, 80.06, 79.84, 79.25, 78.86, 73.52, 72.63, 70.76, 70.35, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 114.83, 120.42, 130.0, and 147.27.
Gold nearest futures contract price fell below the lows of the previous 3 weeks on 5/5/11, again confirming a short-term price pullback. On 5/2/11, I wrote, ” Gold rose above all-time highs on 5/2/11, again reconfirming its major uptrend. Gold looks overextended, however, and could be due for a downside correction.” That correction appears to have started. Support: 1445.0, 1411.5, 1380.7, 1419.5, 1351.4, 1309.1, 1307.7, 1297.0, 1274.8, 1270.5, 1232.4, 1210.9, 1191.5, and 1155.6. Resistance: 1577.4.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) fell further below 15-month lows on 5/3/11, again reconfirming its bearish trend. The Ratio crossed below the 50-day SMA on 4/15/11, remains below the 200-day SMA, and the 50-day SMA remains below the 200-day SMA.
Silver nearest futures contract price fell below the lows of the previous 7 weeks on 5/5/11, again reconfirming a short-term price downtrend, which appears to be dampening inflation expectations. Support 33.565, 31.695, 31.61, 30.265, 29.635, 26.30, 24.98, and 22.84. Resistance: 49.82 and 50.35.
Silver/Gold Ratio broke sharply below the lows of the previous 10 weeks on 5/5/11, reconfirming the remarkable downtrend since the peak on 4/28/11.
Copper nearest futures contract price fell below the lows of the previous 6 weeks on 5/2/11. Copper appears to be in an intermediate-term correction since peaking at 4.6575 on 2/15/11. Strength in Copper suggests confidence in the economic outlook, while weakness suggests doubts. Support 3.6065, 3.3930, 3.1775, 2.9285, 2.8555, 2.8445, and 2.72. Resistance: 4.533, 4.554, 4.6495, and 4.6575.
U.S. Treasury Bond nearest futures contract price rose above the highs of the previous 6-weeks on 5/5/11, again reconfirming that the short-term trend is still up. In addition, the Bond may have been building an intermediate-term bullish base since the low of 12/15/10. In its favor, nearly everyone has been talking bearish on Bonds this year, so the Bond could be oversold. Support 120.20, 119.15, 117.28, 117.04, 116.26, 115.15, 114.06, 113.04, and 112.15. Resistance 125.06, 128.00 129.14, 129.27, 132.26, 133.00, 135.12, 135.19, 136.31, 137.31, and 142.31.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) has been stuck in a neutral trading range most of the time since JNK price peaked at 41.32 on 11/4/10.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell steeply in May, confirming a short-term downtrend. TIP/IEF entered a downside correction phase after rising above 2-year highs on 4/8/11. The Ratio had been in a rising trend from 8/24/10 to 4/8/11, reflecting fixed-income investors’ preference for inflation-protected TIPs over the unprotected 7-10 Year U.S. Treasury Note ETF (IEF).
The U.S. dollar nearest futures contract price rose above the highs of the previous 5 trading days on 5/5/11, suggesting a possible rally attempt. But USD fell below the lows of the previous 16 months on 5/4/11, again reconfirming a long-term, major downtrend. Support 72.86 and 70.80. Resistance 74.47, 76.055, 76.87, 77.675, 78.98, 79.34, 81.635, 81.935, 82.02, 83.64, 84.73, 85.36, 86.71, 88.80, 89.22, 89.71, and 92.53.
Advisory Service Sentiment: There were 57.3% Bulls versus 15.7% Bears as of 4/6/11, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear Ratio soared to 3.65, up from 2.23 the previous week. The Ratio rose its highest level in the 8 years since the 20-year high of 3.74 set on 6/18/03. Following that 2003 peak, the stock market turned sideways/choppy for 2 months and sentiment reverted toward the mean. The Ratio’s 20-year range is 0.41 to 3.74, the median is 1.56, and the mean is 1.63. According to Humphrey B. Neill, The Art of Contrary Thinking, when everybody thinks alike, everyone is likely to be wrong.
VIX Fear Index fell below its 3-year range on 4/20/11, hitting 14.30 intraday, and again confirming a preexisting trend toward bullish complacency. This follows a brief spike up to an intraday peak of 31.28 on 3/16/11. Fear was short-lived. 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 Dow Theory reconfirmed a Primary Tide Bull Market as of 4/28/11, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above closing price highs of the previous 2-years. The Dow Theory originally 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.
S&P 500 Composite (SPX, 1,335.10) fell 12.22 or 0.91% on Thursday. Trading volume rose to confirm the downtrend. SPX closed below the closing prices of the previous 9 trading days. Momentum indicators (such as RSI, MACD, and Stochastics) based on SPX fell further following their bearish divergences, that is, they never made it back to their February peaks. .
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
1370.50, high of 5/2/11
S&P 500 Cash Index Potential Support
1294.70, low of 4/18/11
1249.05, low of 3/16/11
1246.73, high of 12/13/10
1238.81, Fibonacci 78.6% of 1,576.09 high
1235.05, high of 12/7/10
1232.85, low of 12/16/10
1228.74, Fibonacci 61.8% of 2007-2009 range
1227.08, high of 11/5/10
1173.00, low of 11/16/10
1171.70, low of 10/27/10
1166.74, low of 10/20/10
1159.71, low of 10/19/10
1,151.41, low of 10/7/10
1,131.87, low of 10/4/10
1122.79, low of 9/23/2010
1114.63, low of 9/15/2010
1110.88, low of 9/10/2010
1091.15, low of 9/7/2010
1039.70, low of 8/27/10
1039.31, Fibonacci 23.6% of June-Aug. 2010 range
1010.91, low of 7/1/2010
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
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
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
One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
1.31% Transportation Av DJ, IYT
0.96% Networking, IGN
0.95% Bond, 20+ Years Treasury, TLT
0.65% Homebuilders SPDR, XHB
0.50% Bond, 10 Year Treasury, IEF
0.37% Semiconductor SPDR, XSD
0.34% Bond, Corp, LQD
0.32% Taiwan Index, EWT
0.27% Semiconductor iS IGW, SOXX
0.25% Bond Muni ATM-Free S&P iS, MUB
0.23% Bond, Aggregate, AGG
0.02% Bond, 1-3 Year Treasury, SHY
0.01% Financial Preferred, PGF
-0.01% Bond Treasury Short-Term iS, SHV
-0.06% Bond EmrgMkt JPM iS, EMB
-0.06% REIT Wilshire, RWR
-0.07% REIT VIPERs, VNQ
-0.12% Bond, TIPS, TIP
-0.14% Realty Cohen & Steers, ICF
-0.15% Real Estate US DJ, IYR
-0.16% Growth MidCap Russell, IWP
-0.20% Telecom DJ US, IYZ
-0.25% Preferred Stock iS, PFF
-0.27% Consumer Discretionary SPDR, XLY
-0.28% Growth BARRA Small Cap 600, IJT
-0.29% Indonesia MV, IDX
-0.31% WilderHill Clean Energy PS, PBW
-0.34% Growth MidCap 400 B, IJK
-0.34% Bond, High-Yield Junk, JNK
-0.35% Value SmallCap VIPERS, VBR
-0.36% MidCap S&P 400 iS, IJH
-0.37% Growth SmallCap VIPERs, VBK
-0.38% Technology DJ US, IYW
-0.39% MidCap S&P 400 SPDRs, MDY
-0.41% MidCap Russell, IWR
-0.41% Bond, High-Yield Corporate, HYG
-0.42% Water Resources, PHO
-0.42% SmallCap S&P 600, IJR
-0.43% Info Tech VIPERs, VGT
-0.44% Value MidCap S&P 400 B, IJJ
-0.45% Small Cap VIPERs, VB
-0.46% SmallCap Russell 2000, IWM
-0.47% Hong Kong Index, EWH
-0.47% Industrial SPDR, XLI
-0.48% Growth SmallCap R 2000, IWO
-0.50% Value SmallCap Russell 2000, IWN
-0.51% LargeCap Blend S&P=Weight R, RSP
-0.51% Value SmallCap S&P 600 B, IJS
-0.52% Dividend DJ Select, DVY
-0.53% Technology SPDR, XLK
-0.54% Dividend SPDR, SDY
-0.55% QQQ Nasdaq 100 Trust, QQQ
-0.56% Dividend High Yield Equity PS, PEY
-0.56% Microcap Russell, IWC
-0.60% Value MidCap Russell, IWS
-0.64% India Earnings WTree, EPI
-0.65% Health Care SPDR, XLV
-0.69% Growth VIPERs, VUG
-0.71% Chile MSCI iS, ECH
-0.71% Growth 1000 Russell, IWF
-0.72% China LargeCap Growth G D H USX PS, PGJ
-0.72% Utilities SPDR, XLU
-0.72% Brazil Index, EWZ
-0.74% Growth S&P 500/BARRA, IVW
-0.76% Japan Index, EWJ
-0.76% Consumer Staples SPDR, XLP
-0.77% LargeCap 1000 R, IWB
-0.79% LargeCap Blend Russell 3000, IWV
-0.79% Utilities VIPERs, VPU
-0.80% Turkey MSCI iS, TUR
-0.80% Blend Total Market VIPERs, VTI
-0.81% LargeCap VIPERs, VV
-0.82% China 25 iS, FXI
-0.84% Latin Am 40, ILF
-0.85% S&P 500 iS LargeCap Blend, IVV
-0.86% Pacific VIPERs, VPL
-0.90% S&P 500 SPDRs LargeCap Blend, SPY
-0.92% Dividend Appreciation Vipers, VIG
-0.93% Bond Ex-US Treas, BWX
-0.94% Value LargeCap Dynamic PS, PWV
-0.94% Capital Markets KWB ST, KCE
-0.95% Value 1000 Russell, IWD
-0.96% Emerging Markets, EEM
-0.96% Mexico Index, EWW
-0.99% Value VIPERs, VTV
-1.03% Financial DJ US, IYF
-1.04% Financials VIPERs, VFH
-1.05% DIAMONDS (DJIA), DIA
-1.05% Emerging VIPERs, VWO
-1.06% Value S&P 500 B, IVE
-1.08% Singapore Index, EWS
-1.09% Financial Services DJ, IYG
-1.11% South Korea Index, EWY
-1.11% LargeCap Blend S&P 100, OEF
-1.11% Emerging 50 BLDRS, ADRE
-1.19% Materials SPDR, XLB
-1.23% Pacific ex-Japan, EPP
-1.27% India PS, PIN
-1.29% Thailand MSCI iS, THD
-1.29% Financial SPDR, XLF
-1.30% Basic Materials DJ US, IYM
-1.39% Dividend International, PID
-1.41% Frontier Markets Guggenheim , FRN
-1.49% Malaysia Index, EWM
-1.53% Australia Index, EWA
-1.75% Global 100, IOO
-1.76% Switzerland Index, EWL
-1.80% Small Cap EAFE MSCI iS, SCZ
-1.82% Global ex US ACWI iS, ACWX
-1.90% Growth EAFE MSCI, EFG
-1.91% Biotech SPDR, XBI
-1.97% EAFE Index, EFA
-2.07% Energy VIPERs, VDE
-2.08% Energy SPDR, XLE
-2.09% Energy DJ, IYE
-2.16% Value EAFE MSCI, EFV
-2.16% Netherlands Index, EWN
-2.17% Metals & Mining SPDR, XME
-2.20% Canada Index, EWC
-2.36% United Kingdom Index, EWU
-2.38% Energy & Nat Res iS GS, IGE
-2.41% Agriculture DB PS, DBA
-2.43% Sweden Index, EWD
-2.45% Germany Index, EWG
-2.55% European VIPERs, VGK
-2.56% Europe 350 S&P Index, IEV
-2.75% Belgium Index, EWK
-2.76% South Africa Index, EZA
-2.83% EMU Europe Index, EZU
-2.88% Gold Shares S.T., GLD
-2.89% Spain Index, EWP
-2.92% Energy Global, IXC
-3.01% Russia MV, RSX
-3.04% France Index, EWQ
-3.22% Italy Index, EWI
-3.30% Austria Index, EWO
-6.62% Silver Miners Global X, SIL
-6.70% Commodity Tracking, DBC
-9.11% Oil, Crude, U.S. Oil Fund, USO
-9.24% Oil Fund PowerShares, DBO
-11.89% Silver Trust iS, SLV
