Stock Market: momentum oscillators still show bearish divergences compared with the major stock price indexes.
Health Care Stock Sector Relative Strength Ratio fell below the lows of the previous 3 months. Longer term, XLV/SPY has been relatively weak since 2/23/09.
Utilities Stock Sector Relative Strength Ratio fell further below previous 23-month lows. XLU has underperformed since 11/21/08, as the appetite for risk recovered.
Emerging Markets Stocks ETF Relative Strength Ratio moved further above previous 6-year highs. Trends remain bullish in all time frames.
Gold rose further above previous all-time highs. Gold appears to have substantial upside potential.
The U.S. dollar fell below the lows of the previous 13 months. The longer-term trend remains bearish.
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
% Price Change, Symbol, Name
1.80% , SWH , Software H, SWH
1.03% , PIC , Insurance, PIC
30.96% , LIZ , LIZ CLAIRBORNE
6.31% , BDK , BLACK & DECKER
4.94% , THC , TENET HEALTHCARE
6.75% , PTEN , Patterson-UTI Energy Inc
1.44% , DGT , Global Titans, DGT
1.64% , RPG , Growth S&P 500, RPG
1.34% , ADRD , Developed 100 BLDRS, ADRD
7.72% , LPX , LOUISIANA PAC
5.71% , MCO , MOODYS CORP
4.46% , GT , GOODYEAR TIRE
3.23% , XHB , Homebuilders SPDR, XHB
5.20% , WMB , WILLIAMS
1.33% , PEJ , Leisure & Entertainment, PEJ
2.18% , RPV , Value S&P 500, RPV
6.46% , IP , INTL PAPER
9.18% , LEN , Lennar Corp.
3.76% , EWA , Australia Index, EWA
1.42% , ITF , Japan LargeCap Blend TOPIX 150, ITF
2.71% , MVV , Ultra MidCap400 Double, MVV
2.70% , CLX , CLOROX
2.93% , NSM , NATL SEMICONDUCT
2.57% , FDX , FEDEX
5.04% , RIG , TRANSOCEAN
4.59% , WY , WEYERHAEUSER
1.01% , IYK , Consumer Non-Cyclical, IYK
0.49% , IGN , Networking, IGN
1.68% , VCR , Consumer D. VIPERs, VCR
1.02% , SDY , Dividend SPDR, SDY
4.34% , MDP , MEREDITH
5.88% , EOG , EOG RESOURCES
4.45% , LAMR , Lamar Advertising Company
5.65% , LUV , SOUTHWEST AIRLS
5.66% , KBH , KB HOME
4.89% , SVU , SUPERVALU
5.22% , RDC , ROWAN COMPANIES
1.27% , DSG , Growth Small Cap DJ, DSG
2.05% , FAST , Fastenal Company
3.22% , ADBE , ADOBE SYS
Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-12.64% , NCR , NCR
-6.17% , WLP , WELLPOINT HEALTH
-5.25% , HUM , HUMANA
-2.17% , LLL , L-3 COMMS HLDGS
-2.71% , ROST , Ross Stores Inc
-2.55% , MZZ , Short 200% MidCap 400 PS, MZZ
-4.68% , BRCM , BROADCOM STK A
-3.55% , UNH , UNITEDHEALTH GRP
-3.15% , PNC , PNC FINL SVC
-2.51% , LSI , LSI LOGIC
-5.76% , CAR , Avis Budget Group, Inc.
-4.43% , AET , AETNA
-0.33% , IIH , Internet Infrastructure H, IIH
-1.28% , PEP , PEPSICO
-1.26% , TJX , TJX
-0.75% , PBG , PEPSI BOTTLING
-4.68% , AIG , AMER INTL GROUP
-2.50% , RFMD , RF Micro Devices Inc
-1.49% , ADI , ANALOG DEVICES
-1.73% , QCOM , QUALCOMM
-1.81% , TDC , Teradata Corporation, TDC
-4.16% , CI , CIGNA
-0.33% , PSQ , Short 100% QQQ, PSQ
-0.70% , SH , Short 100% S&P 500, SH
-1.27% , TXN , TEXAS INSTRUMENT
-0.56% , MAR , MARRIOTT INTL STK A
-1.05% , TLT , Bond, 20+ Years Treasury, TLT
-1.15% , ZION , ZIONS
-3.22% , MI , MARSHAL & ILSLEY
-0.38% , CMS , CMS ENERGY
-0.99% , ISIL , INTERSIL CORP
-2.78% , RYAAY , Ryanair Holdings plc
-0.68% , SCHW.O , CHARLES SCHWAB
-4.01% , HGSI , Human Genome Sciences Inc
-1.11% , RHT , Red Hat Inc.
-1.41% , MYY , Short 100% MidCap 400, MYY
-1.19% , BDH , Broadband H, BDH
-0.56% , DOG , Short 100% Dow 30, DOG
-1.16% , BIIB , BIOGEN IDEC
-1.46% , MRVL , MARVELL TECHNOLOGY
9 major U.S. stock sectors ranked in order of long-term relative strength:
Consumer Discretionary Neutral, Market Weight. The Relative Strength Ratio appears choppy short term. Intermediate term, the relative trend appears neutral/sideways since peaking on 4/30/09. XLY was strong from 11/19/08 to 4/30/09, and that past strength accounts for XLY’s high ranking here. The XLY/SPY trend was clearly down from 1/5/05 to 11/19/08.
Technology Neutral, Market Weight. The Relative Strength Ratio appears choppy short term. It turned down after 9/30/09. Long term, on 7/22/09, XLK/SPY rose to its highest level in 7 years, thereby confirming a long-term uptrend in effect since 9/30/02.
Financial Neutral, Market Weight. The Relative Strength Ratio appears choppy since peaking on 8/31/09. It turned up after 10/1/09. Longer term, XLF/SPY may still be in a secular Bear trend since its major top on 3/23/04.
Materials Neutral, Market Weight. The Relative Strength Ratio peaked on 8/5/09 and has been in a downtrend since. XLB/SPY broke down below a 7-month uptrend line and below 2-month lows on 10/1/09. XLB/SPY was in an intermediate-term uptrend from its low on 12/5/08 to its high on 8/5/09.
Consumer Staples Neutral, Market Weight. The Relative Strength Ratio has been in a moderate downtrend since peaking on 11/20/08, as the appetite for risk recovered.
Industrial Neutral, Market Weight. The Relative Strength Ratio fell below 5-week lows on 10/7/09. XLI/SPY was in an intermediate-term uptrend from its low on 3/6/09 to its high on 9/17/09, but that uptrend is now in question.
Health Care Bearish, Underweight. The Relative Strength Ratio fell below the lows of the previous 3 months on 10/8/09. Longer term, XLV/SPY has been relatively weak since 2/23/09.
Energy Bearish, Underweight. The Relative Strength Ratio has stabilized since falling to an 11-month low on 8/17/09. XLE underperformed SPY from 7/1/08 to 10/16/08.
Utilities Bearish, Underweight. The Relative Strength Ratio fell further below previous 23-month lows on 10/8/09. XLU has underperformed since 11/21/08, as the appetite for risk recovered.
Emerging Markets Stocks ETF Relative Strength Ratio moved further above previous 6-year highs on 10/8/09. Trends remain bullish in all time frames.
Foreign Stocks ETF Relative Strength Ratio peaked on 9/9/09 and has been lagging short term, after outperforming from 10/27/08 to 9/9/09. EFA is the ETF representing the EAFE, the international developed country stock markets, excluding the U.S. and Canada.
NASDAQ Composite/S&P 500 Relative Strength Ratio peaked out on 7/23/09 and has been correcting and consolidating since.
Growth Stock/Value Stock Relative Strength Ratio has been correcting and consolidating gains since the peak on 3/5/09. IWF/IWD was in an uptrend from 8/8/06 to 3/5/09, and it is quite possible that uptrend could resume.
Russell 1000 Value ETF Relative Strength Ratio has underperformed since 9/18/09. Long term, IWD/SPY remains in a Bearish Major Trend, underperforming the SPY since 3/22/07.
The S&P 500 equally weighted index relative to the S&P 500 capitalization weighted index has been consolidating gains since 9/16/09. The ratio had been in a strong uptrend from 11/19/08 to 9/16/09, and that trend could resume.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio appears to have rolled over to the downside in recent days as the market shifted back to a more aggressive risk seeking posture.
The Small Cap/Large Cap Relative Strength Ratio been consolidating gains since 9/18/09. IWM/SPY was in an uptrend for more than 6 months this year, from 3/9/09 to 9/18/09, and that uptrend could resume.
The Mid Cap/Large Cap Relative Strength Ratio has been consolidating gains since 9/16/09. The secular trend since 1999 remains bullish.
Crude Oil nearest futures contract price may be in a neutral/sideways trading range since the high at 75.00 set on 8/25/09. Look for potential support at previous lows of 65.05, 61.38, and 58.32. Look for potential resistance at previous highs around 72-75.
Gold nearest futures contract price rose further above previous all-time highs. Obviously now all trends remain bullish. Gold appears to have substantial upside potential. Technical supports might be found around previous highs and lows at 1033.9, 1024.7, 982.2, 940.3, 931.5, 925.2 and 904.8, based on the nearest futures contract. There is no chart resistance.
Gold Mining Stocks ETF Relative Strength Ratio moved above the highs of the previous 3 weeks on 10/8/09. The short-term trend remains bullish. The ratio moved above previous 13-month highs on 9/17/09, confirming a preexisting longer-term uptrend in effect since 10/27/08. This main trend remains bullish for both Gold bullion and Gold Mining Stocks.
Silver/Gold Ratio rose further above the highs of the previous 2 weeks on 10/8/09. Although the short-term trend has been choppy, the ratio is still above uptrendlines drawn from the low on 10/10/08.
Copper nearest futures contract price moved above previous 3-week highs on 10/8/09. But copper just broke down below 2-month lows on 10/2/09. Copper appears confused about global economic prospects.
U.S. Treasury Bond December futures contract price broke down below 4-day lows on 10/8/09. The Bond may find short-term support around 121 and 118, as well at the lows of 117.18 set on 9/9/09 and at 116.30 set on 8/24/09. On 8/7/09, Bonds found support at the upper end of the 112-115 zone of many previous reversal points .
Bond quality ratio broke down below a 6-month uptrend line and also broke down below 11-week lows on 10/1/09, signaling a move away from risk and toward safety. The trend had been up from 12/19/08 to 8/7/09, as the appetite for risk recovered, but that trend appears to have ended. LQD/TLT is iShares iBoxx $ Invest Grade Corp Bond ETF price divided by 20+ Years US Treasury Bond ETF price .
The U.S. dollar nearest futures contract price fell below the lows of the previous 13 months on 10/8/09. USD broke down below the previous 11-month low at 76.045 set on 9/23/09, was a critical number to watch on a test. The longer-term trend remains bearish, and it probably would take a long period of base building and bottom testing to turn this trend.
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. So, Contrary Thinking should be used with more precise market timing tools.
Advisory Service Sentiment: There were 48.9% Bulls versus 24.4% Bears as of 10/7/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 2.00, down from 2.14 the previous week. The ratio was 2.61 on 8/26/09, the highest reading since 10/17/07. The ratio’s 39-year range is 0.28 to 17.51, the median is 1.43, and the mean is 1.73.
VIX Fear Index remains locked within its 3-month range. VIX has been fluctuating sideways, between 22 and 30 since 7/10/09. VIX is down from a peak 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 remains locked within its 3-month range. VXN has been fluctuating sideways, between 23 and 30 since 7/10/09. VXN is down from a peak 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 1.40 on 10/8/09, indicating neutral sentiment. The ratio’s 5-year mean is 1.43, median is 1.38, and its range is 0.51 to 3.16.
CBOE Put/Call Ratio rose to 0.53 on 10/8/09, indicating bullish sentiment. The ratio’s 5-year mean is 0.67, median is 0.65, and its range is 0.35 to 1.35.
Fundamentals: The 2003-2007 Bull Market was fed by abundant global liquidly, M&A, leveraged buyouts, corporate stock buybacks, and a net balance of positive earnings surprises. The unfolding fallout from the credit market crisis derailed that engine. Since the stock market low on 3/9/09, massive monetary and fiscal stimulation appears to have had a Bullish impact on investor sentiment.
The Dow Theory signaled a Primary Tide Bull Market on 7/23/09 when both the Dow-Jones Industrial Average the Dow-Jones Transportation Average closed above their May-June 2009 closing price highs. This reverses 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 Cash Index Potential Resistance
1,576.09, high of 10/11/2007
1,552.76, high of 10/31/2007
1,523.57, high of 12/11/2007
1,498.85, high of 12/26/2007
1,440.24, high of 5/19/2008
1,406.32, high of 5/29/2008
1,381.50, Fibonacci 78.6% of 2007-2009 range
1,366.59, high of 6/17/2008
1,335.63, high of 6/25/2008
1,313.15, high of 8/11/2008
1,274.42, high of 9/8/2008
1,255.09, high of 9/12/2008
1,238.807, Fibonacci 78.6% of 1,576.09 high
1,228.74, Fibonacci 61.8% of 2007-2009 range
1,220.03, high of 9/25/2008
1,158.76, EW ABC measured move target
1,121.44, Fibonacci 50.0% of 2007-2009 drop
1,098.14, gap from 10/3/08 to 10/6/08
1,080.15, high of 9/23/2009
1,070.67, high of 10/8/2009
S&P 500 Cash Index Potential Support
1,060.55, high of 10/6/2009
1,042.58, high of 10/5/2009
1,041.17, low of 9/25/2009
1,035.00, low of 9/14/2009
1,028.48, Gann 87.5% of 2009 range
1,019.85, low of 10/2/2009
1,014.14, Fibonacci 38.2% of 2007-2009 drop
1,007.78, Gann 37.5% of 2007-2009 range
991.97, low of 9/2/2009
982.60, Fibonacci 23.6% of 2009 range
978.51, low of 8/17/2009
976.81, Gann 75% of 2009 range
956.23, high of 6/11/2009
922.25, Fibonacci 38.2% of 2009 range
930.17, high of 5/8/2009
873.47, Fibonacci 50% of 2009 range
869.32, low of 7/8/2009
826.83, low of 4/21/2009
824.69, Fibonacci 61.8% of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
770.13, Gann 25% of 2009 range
755.25, Fibonacci 78.6% of 2009 range
718.46, Gann 12.5% of 2009 range
666.79, intraday low of 3/6/2009
665.23, Fibonacci 61.8% of 2002-2007 upmove
602.07, Fibonacci 38.2% of 1,576.09 high
Daily Rankings of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
3.76% Australia Index, EWA
3.36% Oil Services H, OIH
3.23% Homebuilders SPDR, XHB
2.86% Oil & Gas, PXJ
2.86% Pacific ex-Japan, EPP
2.73% Natural Resource iS GS, IGE
2.71% Ultra MidCap400 Double, MVV
2.57% Energy SPDR, XLE
2.53% Energy VIPERs, VDE
2.51% Metals & Mining SPDR, XME
2.46% Brazil Index, EWZ
2.43% Basic Materials DJ US, IYM
2.35% Energy DJ, IYE
2.34% Materials SPDR, XLB
2.33% Transportation Av DJ, IYT
2.32% Austria Index, EWO
2.25% Internet B2B H, BHH
2.20% Energy Exploration & Prod, PXE
2.18% Short 200% US T Bond, TBT
2.18% Value S&P 500, RPV
2.16% Asia 50 BLDRS, ADRA
2.11% Materials VIPERs, VAW
2.09% Energy Global, IXC
2.04% Canada Index, EWC
2.03% Netherlands Index, EWN
2.00% Oil, Crude, U.S. Oil Fund, USO
1.98% Commodity Tracking, DBC
1.98% Realty Cohen & Steers, ICF
1.93% Latin Am 40, ILF
1.91% REIT VIPERs, VNQ
1.90% Growth MidCap S&P 400, RFG
1.88% Real Estate US DJ, IYR
1.85% Pacific VIPERs, VPL
1.81% REIT Wilshire, RWR
1.80% Software H, SWH
1.77% Industrial SPDR, XLI
1.74% Value LargeCap Euro STOXX 50 DJ, FEU
1.73% Europe 350 S&P Index, IEV
1.69% China 25 iS, FXI
1.69% Dividend International, PID
1.69% Value EAFE MSCI, EFV
1.68% Consumer D. VIPERs, VCR
1.68% SmallCap Core iS M, JKJ
1.66% Value SmallCap iS M, JKL
1.65% Software, IGV
1.64% Growth S&P 500, RPG
1.63% France Index, EWQ
1.63% Malaysia Index, EWM
1.62% Hong Kong Index, EWH
1.61% Value SmallCap S&P 600, RZV
1.61% Consumer Discretionary SPDR, XLY
1.58% Germany Index, EWG
1.57% Ultra S&P500 Double, SSO
1.57% Silver Trust iS, SLV
1.56% Retail, PMR
1.55% South Korea Index, EWY
1.54% Emerging VIPERs, VWO
1.53% Europe 100 BLDRS, ADRU
1.51% MidCap Blend Core iS M, JKG
1.51% Growth MidCap 400 B, IJK
1.50% WilderHill Clean Energy PS, PBW
1.50% EMU Europe Index, EZU
1.50% Value MidCap Dynamic PS, PWP
1.50% European VIPERs, VGK
1.49% MidCap VIPERs, VO
1.48% Value MidCap Russell, IWS
1.47% Growth EAFE MSCI, EFG
1.45% Belgium Index, EWK
1.45% EAFE Index, EFA
1.45% Retail H, RTH
1.44% IPOs, First Tr IPOX-100, FPX
1.44% Global Titans, DGT
1.42% Japan LargeCap Blend TOPIX 150, ITF
1.41% MidCap S&P 400 iS, IJH
1.40% South Africa Index, EZA
1.39% Emerging 50 BLDRS, ADRE
1.39% MidCap Growth iS M, JKH
1.38% Euro STOXX 50, FEZ
1.36% MidCap S&P 400 SPDRs, MDY
1.35% Industrial LargeCap Blend DJ US, IYJ
1.35% Value Small Cap DJ, DSV
1.34% Developed 100 BLDRS, ADRD
1.33% Leisure & Entertainment, PEJ
1.33% Value MidCap iS M, JKI
1.29% Ultra Dow30 Double, DDM
1.29% Water Resources, PHO
1.28% Growth LargeCap NASDAQ Fidelity, ONEQ
1.28% Wilshire 5000 ST TM, TMW
1.27% Growth Small Cap DJ, DSG
1.26% Mexico Index, EWW
1.26% Consumer Cyclical DJ, IYC
1.26% MidCap Russell, IWR
1.25% Extended Mkt VIPERs, VXF
1.25% Gold Shares S.T., GLD
1.22% Emerging Markets, EEM
1.21% LargeCap Blend S&P=Weight R, RSP
1.21% Internet H, HHH
1.21% Industrials VIPERs, VIS
1.13% Value SmallCap VIPERS, VBR
1.12% Singapore Index, EWS
1.12% LargeCap Blend NYSE Composite iS, NYC
1.12% Italy Index, EWI
1.12% Japan Index, EWJ
1.12% Value SmallCap Russell 2000, IWN
1.11% Growth MidCap Russell, IWP
1.07% Value MidCap S&P 400 B, IJJ
1.07% Financials Global LargeCap Value, IXG
1.06% Technology MS sT, MTK
1.06% Nanotech Lux, PXN
1.03% Growth Large Cap, ELG
1.03% Insurance, PIC
1.02% Dividend SPDR, SDY
1.01% SmallCap S&P 600, IJR
1.01% Consumer Non-Cyclical, IYK
1.00% Value SmallCap S&P 600 B, IJS
1.00% Global 100, IOO
1.00% Growth SmallCap VIPERs, VBK
0.99% Growth SmallCap iS M, JKK
0.98% China LargeCap Growth G D H USX PS, PGJ
0.98% Growth BARRA Small Cap 600, IJT
0.96% Value Large Cap DJ, ELV
0.95% Dividend DJ Select, DVY
0.95% LargeCap 1000 R, IWB
0.94% Growth SmallCap Dynamic PS, PWT
0.94% Spain Index, EWP
0.92% Dividend High Yield Equity PS, PEY
0.92% Sweden Index, EWD
0.92% Small Cap VIPERs, VB
0.91% SmallCap Russell 2000, IWM
0.91% Ultra QQQ Double, QLD
0.91% United Kingdom Index, EWU
0.89% LargeCap VIPERs, VV
0.89% Growth VIPERs, VUG
0.88% Value 1000 Russell, IWD
0.88% Blend Total Market VIPERs, VTI
0.87% SmallCap PS Zacks, PZJ
0.87% Growth Mid Cap Dynamic PS, PWJ
0.87% LargeCap Blend Total Market DJ, IYY
0.87% Value LargeCap Russell 3000, IWW
0.84% Short 200% Bond 7-10 Yr T, PST
0.84% Switzerland Index, EWL
0.84% Building & Construction, PKB
0.83% Growth S&P 500/BARRA, IVW
0.83% Lg Cap Growth PSD, PWB
0.82% Growth 1000 Russell, IWF
0.82% LargeCap Blend S&P 1500 iS, ISI
0.82% Software, PSJ
0.81% LargeCap Blend Russell 3000, IWV
0.81% Value LargeCap Fundamental RAFI 1000, PRF
0.80% Value VIPERs, VTV
0.79% Food & Beverage, PBJ
0.78% Value 40 Large Low P/E FT DB, FDV
0.77% Growth LargeCap iS M, JKE
0.77% S&P 500 SPDRs LargeCap Blend, SPY
0.76% S&P 500 iS LargeCap Blend, IVV
0.75% LargeCap Blend Dynamic PS, PWC
0.74% Value SmallCap Dynamic PS, PWY
0.74% Telecommunications & Wireless, PTE
0.73% LargeCap Blend Core iS M, JKD
0.72% Technology Global, IXN
0.68% Aerospace & Defense, PPA
0.66% Value S&P 500 B, IVE
0.66% Microcap Russell, IWC
0.65% LargeCap Blend Socially Responsible iS, KLD
0.65% DIAMONDS , DIA
0.64% Bond, High-Yield Corporate, HYG
0.63% Growth SmallCap R 2000, IWO
0.63% Technology SPDR, XLK
0.61% Growth LargeCap Russell 3000, IWZ
0.59% Consumer Staples VIPERs, VDC
0.59% Capital Markets KWB ST, KCE
0.58% Consumer Staples SPDR, XLP
0.56% Value Line Timeliness MidCap Gr, PIV
0.56% Dividend Appreciation Vipers, VIG
0.55% LargeCap Blend S&P 100, OEF
0.52% Healthcare Global, IXJ
0.52% Dividend Achievers PS, PFM
0.49% Networking, IGN
0.46% OTC Dynamic PS, PWO
0.46% Utilities, PUI
0.44% LargeCap Rydex Rus Top 50, XLG
0.44% Value LargeCap NYSE 100 iS, NY
0.43% Growth LargeCap NASDAQ 100, QQQQ
0.42% Micro Cap Zachs, PZI
0.40% Value LargeCap iS M, JKF
0.38% Dividend Leaders, FDL
0.38% India Earnings WTree, EPI
0.36% Info Tech VIPERs, VGT
0.36% Financial DJ US, IYF
0.35% Technology GS, IGM
0.35% Pharmaceuticals, PJP
0.32% Value LargeCap Dynamic PS, PWV
0.31% Technology DJ US, IYW
0.31% Financials VIPERs, VFH
0.29% Utilities DJ, IDU
0.26% Utilities H, UTH
0.25% Utilities VIPERs, VPU
0.23% Pharmaceutical H, PPH
0.20% Telecommunications Global, IXP
0.19% Internet Architecture H, IAH
0.18% Financial Services DJ, IYG
0.13% Financial SPDR, XLF
0.13% Financial Preferred, PGF
0.11% Health Care SPDR, XLV
0.08% Preferred Stock iS, PFF
0.00% Utilities SPDR, XLU
0.00% Health Care VIPERs, VHT
-0.05% Telecom DJ US, IYZ
-0.06% Biotech & Genome, PBE
-0.07% Bond, Aggregate, AGG
-0.07% Healthcare DJ, IYH
-0.10% Bond, 1-3 Year Treasury, SHY
-0.10% Bond, TIPS, TIP
-0.17% Biotech H, BBH
-0.17% Bank Regional H, RKH
-0.29% Telecom Services VIPERs, VOX
-0.33% Short 100% QQQ, PSQ
-0.33% Internet Infrastructure H, IIH
-0.37% Bond, 10 Year Treasury, IEF
-0.44% Semiconductor H, SMH
-0.56% Bond, Corp, LQD
-0.56% Short 100% Dow 30, DOG
-0.70% Short 100% S&P 500, SH
-0.71% Semiconductor iS GS, IGW
-0.80% Semiconductor SPDR, XSD
-0.87% Short 200% QQQ PS, QID
-0.90% Semiconductors, PSI
-1.02% Telecom H, TTH
-1.05% Bond, 20+ Years Treasury, TLT
-1.20% Taiwan Index, EWT
-1.23% Short 200% Dow 30 PS, DXD
-1.36% Biotech SPDR, XBI
-1.41% Short 100% MidCap 400, MYY
-1.55% Short 200% S&P 500 PS, SDS
-2.55% Short 200% MidCap 400 PS, MZZ









