Next update on 8/16/10.
Trading volume has been in a clear downtrend since 5/6/10 and seems unlikely to improve much in August, the traditional month for a summer vacation.
S&P 500 Composite (SPX) price appears to be correcting and consolidating gains since the 1219.80 high of 4/26/2010. With many big players taking time off work, further consolidation seems likely for the rest of August.
With consolidation, many sectors, industry groups, and individual stocks have turned sideways/neutral.
Financial stock sector Relative Strength Ratio (XLF/SPY) turned back to bearish on 8/3/10 as it crossed below both the 50-day SMA and the 200-day SMA. The 50-day SMA is below the 200-day SMA.
Crude Oil nearest futures contract rose further above 12-week highs on 8/3/10, confirming a significant uptrend for the intermediate-term.
The U.S. dollar nearest futures contract price fell further below 15-week lows on 8/3/10, again confirming the persistent downtrend that started on 6/7/10.
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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
1.70% , BWX , Bond Ex-US Treas, BWX
9.38% , CTSH , Cognizant Technology Solutions
5.56% , PFE , PFIZER
0.71% , EWK , Belgium Index, EWK
4.36% , VRSN , VeriSign Inc
5.90% , HOLX , Hologic, Inc., HOLX
3.61% , RDC , ROWAN COMPANIES
0.69% , EWO , Austria Index, EWO
1.13% , PSTL , Steel Global PS ETF, PSTL
2.52% , IIH , Internet Infrastructure H, IIH
3.33% , VLO , VALERO ENERGY
1.44% , WFMI , Whole Foods Market Inc
3.12% , UNH , UNITEDHEALTH GRP
0.52% , TLH , Bond 10-20 Year US Treas, TLH
0.60% , PIC , Insurance, PIC
1.14% , MCO , MOODYS CORP
1.40% , PNW , PINNACLE WEST
0.73% , AYE , ALLEGHENY ENERGY
0.12% , EWI , Italy Index, EWI
1.26% , STJ , ST JUDE MEDICAL
0.34% , SNI , Scripps Networks Interactive
1.86% , HGSI , Human Genome Sciences Inc
2.36% , WLP , WELLPOINT HEALTH
0.61% , KWT , Solar Energy MV, KWT
0.69% , RFMD , RF Micro Devices Inc
1.80% , SRE , SEMPRA ENERGY
1.09% , PBI , PITNEY BOWES
0.41% , LNCR , Lincare Holdings Inc
0.35% , IAU , Gold COMEX iS, IAU
0.52% , PH , PARKER HANNIFIN
0.16% , GVI , Bond Interm U.S. Gov, GVI
0.40% , EWY , South Korea Index, EWY
0.44% , GRMN , GARMIN LTD
1.25% , CTXS , CITRIX SYSTEMS
1.53% , HAL , HALLIBURTON
1.96% , AMZN , Amazoncom Inc
0.25% , JNK , Bond, High-Yield Junk, JNK
0.33% , EWG , Germany Index, EWG
0.69% , WAT , WATERS
1.26% , XOM , EXXON MOBIL
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-13.08% , BHI , BAKER HUGHES
-10.86% , CVG , CONVERGYS
-9.99% , DOW , DOW CHEMICAL
-12.73% , OMX , OFFICEMAX INC., OMX
-9.16% , VMC , VULCAN MATERIALS
-0.60% , RPG , Growth S&P 500, RPG
-2.46% , MET , METLIFE
-8.24% , JCP , JC PENNEY
-4.55% , CECO , CAREER EDUCATION CORP
-6.12% , PHM , PULTE HOMES
-4.94% , APOL , APOLLO GROUP
-4.09% , IDX , Indonesia MV, IDX
-0.60% , PTE , Telecommunications & Wireless, PTE
-4.15% , DV , DeVry, Inc.
-4.36% , THC , TENET HEALTHCARE
-5.78% , DHI , D.R. HORTON, DHI
-0.61% , TUR , Turkey MSCI iS, TUR
-3.42% , PG , PROCTER & GAMBLE
-0.58% , PRF , Value LargeCap Fundamental RAFI 1000, PRF
-4.45% , AM , AMER GREETINGS STK A
-2.76% , CAG , CONAGRA FOODS
-0.87% , IJS , Value SmallCap S&P 600 B, IJS
-1.43% , IYT , Transportation Av DJ, IYT
-0.58% , IAH , Internet Architecture H, IAH
-0.41% , KLD , LargeCap Blend Socially Responsible iS, KLD
-2.54% , RIMM , RESEARCH IN MOTION LTD
-0.55% , IWC , Microcap Russell, IWC
-2.08% , PMR , Retail, PMR
-2.56% , URBN , Urban Outfitters Inc.
-3.40% , A , AGILENT TECH
-5.96% , DYN , DYNEGY
-1.07% , XEL , XCEL ENERGY
-2.70% , QLGC , QLOGIC
-3.22% , GNTX , Gentex Corporation
-0.45% , IYW , Technology DJ US, IYW
-3.03% , UIS , UNISYS
-3.46% , COH , COACH
-2.77% , NVLS , NOVELLUS SYS
-2.44% , DISCA , Discovery Communications
-1.00% , PST , 200% Short Bond 7-10 Yr T, PST
9 major U.S. stock sectors ranked in order of long-term relative strength:
Industrial (XLI) Bullish, Over Weight. The Relative Strength Ratio (XLI/SPY) rose to a new 2-month high on 7/30/10, after turning bullish on 7/22/10, when it crossed above the 50-day SMA. Absolute price rose to a new 2-month high on 8/2/10. XLI turned bullish on 7/22/10, when it crossed above 50-day and 200-day SMAs. Support 29.23, 27.74, 26.79 and 26.66. Resistance 32.41, 33.46, 34.24, 34.50, and 35.00.
Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) is between 50- and 200-day SMAs, so XLY/SPY is to neutral. The 50-day SMA remains above the 200-day SMA. Absolute price of XLY turned bullish on 7/30/10, when price crossed above the 50-day SMA. Support 29.90, 28.64, 28.21, and 26.62. Resistance 33.12, 34.39, 36.13, 38.25 and 39.09. Absolute price of XLP crossed above the 200-day SMA on 7/22/10
Utilities (XLU) Bullish, Over Weight. The Relative Strength Ratio (XLU/SPY) remains bullish above 50-day and 200-day SMAs, and with the 50 above the 200. Absolute price of XLU remains neutral. Price broke out above 6-month highs on 7/27/10, and XLU moved further above 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA, although that is a lagging indicator. Support 29.66, 27.91, 27.44, and 25.76. Resistance 31.64 and 32.08.
Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) has been neutral on 7/30/10, when it crossed below the 50-day SMA. Absolute price of XLK remains neutral, with the 50-day SMA below the 200-day SMA. Support 20.01 and 19.51. Resistance 22.62, 23.27, 24.16, 24.68, and 25.69.
Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) rose to a new 3-month high on 8/2/10 and remains neutral, with the 50-day SMA below the 200-day SMA. Absolute price rose to a new 2-month high on 8/2/10 and remains neutral, with the 50-day SMA below the 200-day SMA. Support 29.43, 27.67. Resistance 33.06, 35.47, and 37.56.
Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) turned neutral on 8/2/10 when it crossed below the 50-day SMA. Absolute price of XLP remains above both 50-day and 200-day SMAs. The 50-day SMA remains below the 200-day SMA, however. Support 26.34, 25.30, and 24.95. Resistance 27.83, 27.95, 28.20, 28.75, 29.29 and 30.29.
Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) turned neutral on 7/29/10 as it crossed above the 50-day SMA. It remains below the 200-day SMA, and the 50-day SMA remains below the 200-day SMA. Absolute price of XLE rose to a new 2-month high on 8/2/10 and remains neutral, below the 200-day SMA. Support 51.31, 48.56, 46.16, and 43.66. Resistance 56.70, 58.11, 59.84, 62.30, 62.73, 69.95, and 78.10.
Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) turned back to bearish on 8/3/10 as it crossed below both the 50-day SMA and the 200-day SMA. The 50-day SMA is below the 200-day SMA. Absolute price rose to a new 2-month high on 8/2/10. XLF remains neutral, with the 50-day SMA below the 200-day SMA. Support 13.34 and 13.08. Resistance 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.
Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) turned bearish again on 7/20/10, as it fell back below its 50-day SMA. Absolute price of XLV turned neutral on 8/2/10 as it crossed above the 50-day SMA. Price remains below the 200-day SMA. Support 27.49. Resistance 29.38, 29.93, 30.83, 32.05, 32.18, 32.42, 32.69, 33.16, 33.37 and 33.74.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) rose to a new 7-month high on 8/2/02. It remains neutral, with the 50-day below the 200-day SMA, but is fast approaching a bullish crossover. Absolute price of EEM rose to a new 3-month high on 8/2/02. It remains neutral, with the 50-day below the 200-day SMA, but is heading toward a bullish crossover as well.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) has been rising since its low on 5/26/10 but remains neutral, with the 50-day below the 200-day SMA. Absolute price of EFA crossed above its 200-day SMA on 8/2/02 but remains neutral, with the 50-day below the 200-day SMA.
NASDAQ Composite/S&P 500 Relative Strength Ratio appears to be consolidating gains since its peak on 6/3/10. Absolute price is above both SMAs but the 50-day remains below the 200-day SMA.
Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) appears moderately bearish for the intermediate term, trending downward since 5/3/10. Longer term, IWD/SPY appears bearish, trending downward since 3/22/07.
Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) appears moderately bullish for the intermediate term, trending upward since 4/14/10. Longer term, IWF/IWD appears bullish, trending upward since 8/8/06.
The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 6/15/10. Longer term, RSP /SPY has been bullish, trending upward since 11/19/08.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) appears to be consolidating losses since its low on 6/15/10. Big caps have been out of favor for more than 10 years, since 3/29/2000.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 5/17/10. Longer term, IWM/SPY has been bullish, trending upward since 4/8/99.
The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) appears neutral for the intermediate term, consolidating gains since peaking on 5/28/10. Longer term, MDY /SPY has been bullish, trending upward since 4/7/99.
Crude Oil nearest futures contract rose further above 12-week highs on 8/3/10, confirming a significant uptrend for the intermediate-term. Support 75.90, 74.25, 71.09, 70.93, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 84.55, 87.15, 90.51, 98.65, and 102.84.
Gold nearest futures contract rose above 5-day highs on 8/2/10, but that minor upturn does not appear very significant at this time. The problem is the larger time frame: Gold fell below 12-week lows intraday on 7/28/10 and has been in an intermediate-term downside correction within a major bullish trend since 6/21/10. There is no convincing technical evidence that the correction might not resume. Support 1155.6, 1124.3, 1084.8, 1045.2, 1026.9 and 989.3. Resistance: 1203.9, 1218.8, 1264.8, 1263.7, and 1266.5.
Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) has been whipsawing sideways through moving averages in recent months. Best stand aside until a clear trend emerges.
Silver/Gold Ratio has been mostly neutral, consolidating losses since making a low on 2/8/10. Longer term, Silver has underperformed Gold since 4/19/06.
Copper nearest futures contract price rose further above 13-week highs on 8/2/10, again confirming a significant uptrend for the intermediate-term. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 2.9285, 2.8555, 2.8445, and 2.72. Resistance 3.3225, 3.795 and 4.27.
U.S. Treasury Bond nearest futures contract price jumped above 4-day highs on 7/30/10, demonstrating renewed bullish momentum for the short term. The Bond rose above 16-month highs on 7/21/10, confirming a longer-term uptrend. Support 126.01, 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 129.14, 130.31, 133.20, 137.31, and 142.31.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) appears neutral for the intermediate term, consolidating gains since peaking on 5/17/10. Longer term, JNK/LQD has been bullish, trending upward since 3/9/09.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) fell below 9-month lows on 7/2/10 and remains RELATIVELY bearish. This implies that investors are choosing less inflation protection. Absolute price of TIP turned from bullish to neutral as of 7/2/10.
The U.S. dollar nearest futures contract price fell further below 15-week lows on 8/3/10, again confirming the persistent downtrend that started on 6/7/10. Support 80.14, 79.73, 79.61, 78.83, 78.20, 76.74 and 75.90. Resistance 83.64, 85.36, 86.71, 89.22, 89.71, and 92.53.
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 38.2% Bulls versus 34.9% Bears as of 7/28/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio rose to 1.09, up from 1.00 the previous week. This ratio is also up from 0.94 on 7/14/10, which was the lowest since 0.82 on 4/1/09. The ratio has fallen substantially from its peak at 3.36 set on 1/13/10, which was the highest bullish sentiment in 6 years. The 20-year range is 0.41 to 3.74, the median is 1.51, and the mean is 1.57.
VIX Fear Index has eased into the low 20s since its high peaks at 48.20 on 5/21/10 and 37.58 on 7/1/10. Those peaks quantified significant bearish sentiment, and it may take time to work that off. 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 also has eased into the low 20s since its peaks at 48.89 on 5/21/10 and 38.29 on 7/1/10. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.
ISEE Call/Put Ratio fell to .059 on 5/7/10, a low level that indicates bearish sentiment. Its 2-year mean is 1.20, and its typical range is 0.69 to 1.71, which represents two standard deviations from the mean.
CBOE Put/Call Ratio rose to 0.96 on 5/20/10, its highest level of the year. A high level indicates bearish sentiment. The 2-year mean is 0.70, and the typical range is 0.44 to 0.96, which represents two standard deviations from the mean.
The Dow Theory suggests a new Bullish Secondary Wave within a Primary Tide Bull Market, in my interpretation. On 7/26/10, both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 2 months, thereby signaling a Secondary Wave to the upside. The Dow Theory last confirmed a Bullish Major Trend on 4/26/10, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 18 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 bullish signal reversed the previous bearish 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) price appears to be correcting and consolidating gains since the 1219.80 high of 4/26/2010. Further consolidation seems likely during the vacation month of August. Support 1093.44, 1078.92, 1055.19, 1044.74, 1008.55, 991.97, 978.51, 956.23, and 943.29. Resistance 1131.23, 1173.57, and 1219.80.
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
1219.80, high of 4/26/2010
1173.57, high of 5/13/2010
1131.23, high of 6/21/2010
S&P 500 Cash Index Potential Support
1093.44, 25.0% of July 2010 range
1088.01, low of 7/30/2010
1078.92, Fibonacci 38.2% of 2010 range
1055.19, 50.0% of July 2010 range
1044.74, Fibonacci 61.8% of July 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
1.70% Bond Ex-US Treas, BWX
1.18% Oil, Crude, U.S. Oil Fund, USO
0.82% Health Care SPDR, XLV
0.73% Spain Index, EWP
0.71% Belgium Index, EWK
0.69% Austria Index, EWO
0.64% Bond EmrgMkt JPM iS, EMB
0.58% Bond, 20+ Years Treasury, TLT
0.53% Bond, TIPS, TIP
0.47% Bond, 10 Year Treasury, IEF
0.44% United Kingdom Index, EWU
0.40% South Korea Index, EWY
0.39% Gold Shares S.T., GLD
0.34% Chile MSCI iS, ECH
0.34% Commodity Tracking, DBC
0.33% Silver Trust iS, SLV
0.33% Germany Index, EWG
0.31% Taiwan Index, EWT
0.25% Bond, Corp, LQD
0.23% Financial Preferred, PGF
0.18% Biotech SPDR, XBI
0.17% Energy VIPERs, VDE
0.16% Energy DJ, IYE
0.14% Europe 350 S&P Index, IEV
0.12% Energy Global, IXC
0.12% Italy Index, EWI
0.07% Bond, 1-3 Year Treasury, SHY
0.07% Bond, Aggregate, AGG
0.05% Preferred Stock iS, PFF
0.03% EMU Europe Index, EZU
0.02% European VIPERs, VGK
0.00% France Index, EWQ
0.00% Bond, High-Yield Corporate, HYG
-0.01% Bond Muni ATM-Free S&P iS, MUB
-0.02% Mexico Index, EWW
-0.04% Energy SPDR, XLE
-0.05% Switzerland Index, EWL
-0.06% Hong Kong Index, EWH
-0.07% Dividend International, PID
-0.07% Networking, IGN
-0.08% Value EAFE MSCI, EFV
-0.12% Global 100, IOO
-0.13% Growth EAFE MSCI, EFG
-0.15% EAFE Index, EFA
-0.17% Global ex US ACWI iS, ACWX
-0.18% Small Cap EAFE MSCI iS, SCZ
-0.20% Thailand MSCI iS, THD
-0.20% Value LargeCap Dynamic PS, PWV
-0.24% Natural Resource iS GS, IGE
-0.24% Dividend SPDR, SDY
-0.26% Sweden Index, EWD
-0.26% Utilities VIPERs, VPU
-0.27% LargeCap Blend S&P 100, OEF
-0.32% DIAMONDS (DJIA), DIA
-0.32% WilderHill Clean Energy PS, PBW
-0.38% Dividend Appreciation Vipers, VIG
-0.40% Growth 1000 Russell, IWF
-0.41% Japan Index, EWJ
-0.42% India Earnings WTree, EPI
-0.43% Water Resources, PHO
-0.43% Growth LargeCap NASDAQ 100, QQQQ
-0.43% Dividend DJ Select, DVY
-0.44% India PS, PIN
-0.45% Technology DJ US, IYW
-0.45% LargeCap Blend Russell 3000, IWV
-0.46% Pacific VIPERs, VPL
-0.46% Latin Am 40, ILF
-0.48% S&P 500 SPDRs LargeCap Blend, SPY
-0.48% Emerging Markets, EEM
-0.48% Dividend High Yield Equity PS, PEY
-0.48% Utilities SPDR, XLU
-0.48% Growth S&P 500/BARRA, IVW
-0.49% S&P 500 iS LargeCap Blend, IVV
-0.49% Emerging VIPERs, VWO
-0.49% LargeCap VIPERs, VV
-0.49% Growth MidCap 400 B, IJK
-0.50% LargeCap 1000 R, IWB
-0.50% Info Tech VIPERs, VGT
-0.50% Emerging 50 BLDRS, ADRE
-0.51% Growth VIPERs, VUG
-0.51% Value VIPERs, VTV
-0.52% Value S&P 500 B, IVE
-0.52% Industrial SPDR, XLI
-0.53% Real Estate US DJ, IYR
-0.53% Value 1000 Russell, IWD
-0.54% Technology SPDR, XLK
-0.54% Blend Total Market VIPERs, VTI
-0.55% Netherlands Index, EWN
-0.55% Microcap Russell, IWC
-0.55% Canada Index, EWC
-0.56% Capital Markets KWB ST, KCE
-0.61% Turkey MSCI iS, TUR
-0.67% Russia MV, RSX
-0.68% MidCap S&P 400 iS, IJH
-0.70% MidCap S&P 400 SPDRs, MDY
-0.70% Pacific ex-Japan, EPP
-0.71% MidCap Russell, IWR
-0.72% Metals & Mining SPDR, XME
-0.75% Growth SmallCap R 2000, IWO
-0.76% Growth MidCap Russell, IWP
-0.77% China LargeCap Growth G D H USX PS, PGJ
-0.80% SmallCap Russell 2000, IWM
-0.82% LargeCap Blend S&P=Weight R, RSP
-0.83% Value SmallCap Russell 2000, IWN
-0.85% Agriculture DB PS, DBA
-0.86% Growth SmallCap VIPERs, VBK
-0.86% Value MidCap S&P 400 B, IJJ
-0.87% Value SmallCap S&P 600 B, IJS
-0.88% Consumer Staples SPDR, XLP
-0.89% Small Cap VIPERs, VB
-0.90% Semiconductor iS GS, IGW
-0.91% REIT Wilshire, RWR
-0.93% Value MidCap Russell, IWS
-0.94% Telecom DJ US, IYZ
-0.94% Financial DJ US, IYF
-0.97% REIT VIPERs, VNQ
-0.97% China 25 iS, FXI
-0.97% Financials VIPERs, VFH
-0.99% Financial Services DJ, IYG
-1.03% Singapore Index, EWS
-1.04% Malaysia Index, EWM
-1.04% Growth BARRA Small Cap 600, IJT
-1.06% SmallCap S&P 600, IJR
-1.08% Australia Index, EWA
-1.08% South Africa Index, EZA
-1.10% Value SmallCap S&P 600, RZV
-1.11% Semiconductor SPDR, XSD
-1.13% Financial SPDR, XLF
-1.13% Value SmallCap VIPERS, VBR
-1.18% Brazil Index, EWZ
-1.34% Realty Cohen & Steers, ICF
-1.43% Transportation Av DJ, IYT
-1.53% Consumer Discretionary SPDR, XLY
-1.53% Basic Materials DJ US, IYM
-1.83% Materials SPDR, XLB
-2.59% Homebuilders SPDR, XHB
-4.09% Indonesia MV, IDX
