Stock Market: Financials and Small Caps signal relative weakness.
Financial Stock Sector Relative Strength Ratio broke down below the lows of the previous 13 weeks on 11/4/09, confirming the preexisting bearish trend. The XLF/SPY trend looks bearish for the short term, the intermediate-term, and probably the long-term as well. Weakness in Financials led to big trouble last year.
The Small Cap/Large Cap Relative Strength Ratio fell below the lows of the previous 6 months on 11/4/09, again confirming the preexisting bearish trend.
Russell 1000 Value ETF Relative Strength Ratio broke down below the lows of the previous 13 weeks on 11/4/09, again confirming the preexisting bearish trend.
Gold closed above previous all-time highs on 11/4/09, again confirming bullish trends in all time frames.
The U.S. dollar closed below the lows of the previous 6 trading days on 11/4/09, which is bearish for the short term.
Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio rose to another new 13-month high on 11/4/09, confirming a bullish long-term trend. Bond investors may be growing increasingly concerned about the inflation outlook, despite assurances of tame inflation by economists.
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
35.14% , ABK , AMBAC FINL GRP
0.35% , RPG , Growth S&P 500, RPG
4.39% , ACS , AFFILIATED COMPUTER
0.88% , BDH , Broadband H, BDH
0.64% , UTH , Utilities H, UTH
2.65% , FPX , IPOs, First Tr IPOX-100, FPX
7.54% , MBI , MBIA
4.76% , XRX , XEROX
5.19% , CI , CIGNA
5.22% , AET , AETNA
1.56% , EWI , Italy Index, EWI
1.47% , ELG , Growth Large Cap, ELG
1.98% , PIC , Insurance, PIC
3.14% , WLP , WELLPOINT HEALTH
1.62% , PPH , Pharmaceutical H, PPH
0.19% , KLD , LargeCap Blend Socially Responsible iS, KLD
3.28% , PWER , POWER ONE
1.04% , ADRD , Developed 100 BLDRS, ADRD
3.57% , UNH , UNITEDHEALTH GRP
4.97% , AMP , Ameriprise Financial Inc.
0.27% , PBJ , Food & Beverage, PBJ
2.77% , EOG , EOG RESOURCES
3.47% , PHM , PULTE HOMES
1.30% , PUI , Utilities, PUI
1.26% , TMW , Wilshire 5000 ST TM, TMW
3.44% , LEN , Lennar Corp.
1.49% , IXJ , Healthcare Global, IXJ
1.02% , PEJ , Leisure & Entertainment, PEJ
1.94% , PEG , PUBL SVC ENTER
1.38% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
1.77% , MCD , MCDONALDS
2.65% , RHT , Red Hat Inc.
2.30% , EWO , Austria Index, EWO
1.64% , CAH , CARDINAL HEALTH
1.65% , BCR , C R BARD
2.08% , MRVL , MARVELL TECHNOLOGY
0.26% , TTH , Telecom H, TTH
3.13% , HUM , HUMANA
2.87% , DRI , DARDEN REST
2.03% , CVS , CVS
Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-5.84% , BHH , Internet B2B H, BHH
-14.55% , GRMN , GARMIN LTD
-6.73% , HSIC , Henry Schein Inc
-8.54% , TAP , ADOLPH COORS STK B, TAP
-5.85% , BHI , BAKER HUGHES
-5.08% , DYN , DYNEGY
-0.59% , IIH , Internet Infrastructure H, IIH
-5.34% , HIG , HARTFORD FINL
-0.82% , PEY , Dividend High Yield Equity PS, PEY
-5.29% , BJS , BJ SERVICES
-1.21% , RPV , Value S&P 500, RPV
-5.86% , JNY , JONES APPAREL
-5.00% , UNM , UNUMPROVIDENT
-3.10% , CMCSA , COMCAST HOLDINGS STK A
-3.72% , STT , STATE STREET
-2.92% , LNC , LINCOLN NATL
-2.58% , MTG , MGIC INVESTMENT
-2.87% , MTB , M&T BANK
-0.47% , PMR , Retail, PMR
-0.28% , PZJ , SmallCap PS Zacks, PZJ
-2.39% , SUN , SUNOCO
-3.28% , LIZ , LIZ CLAIRBORNE
-0.89% , DSV , Value Small Cap DJ, DSV
-2.17% , JCP , JC PENNEY
-3.42% , BBT , BB&T
-1.74% , SCHW.O , CHARLES SCHWAB
-0.29% , PIV , Value Line Timeliness MidCap Gr, PIV
-1.20% , APD , AIR PRODS & CHEM
-1.19% , KCE , Capital Markets KWB ST, KCE
-1.26% , VBR , Value SmallCap VIPERS, VBR
-1.97% , MMC , MARSH & MCLENNAN
-0.59% , JKI , Value MidCap iS M, JKI
-3.97% , TIN , TEMPLE INLAND
-2.05% , MS , MORGAN STANLEY
-2.24% , RWR , REIT Wilshire, RWR
-2.36% , CHRW.O , CH Robinson Worldwide Inc, CHRWD
-0.50% , HHH , Internet H, HHH
-2.58% , DDS , DILLARD STK A
-3.32% , WFC , WELLS FARGO
-0.93% , WPI , WATSON PHARM
9 major U.S. stock sectors ranked in order of long-term relative strength:
Consumer Discretionary Neutral, Market Weight. The Relative Strength Ratio broke down to a new 8-week low on 10/28/09, turning the short-term relative trend bearish. Long term, XLY was relatively strong from 11/19/08 to 4/30/09, but that trend is now in question.
Technology Neutral, Market Weight. The Relative Strength Ratio fell below the lows of the previous 7 trading days on 11/3/09, which appeared to signal nothing more than a short-term pullback. XLK/SPY rose to a new 13-week high on 10/30/09. Intermediate term, the relative trend is bullish. 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.
Consumer Staples Neutral, Market Weight. The Relative Strength Ratio rose to another new 13-week highs on 10/30/09. This defensive sector outperforms when investors move away from risk.
Industrial Neutral, Market Weight. The Relative Strength Ratio rose above the highs of the previous 8 trading days on 11/3/09, which appeared to signal nothing more than a short-term bounce. XLP/SPY broke down to a new 8-week low on 10/30/09, signaling a bearish relative trend for the intermediate term. The long-term trend peaked on 3/31/08 and has been in a downtrend since.
Health Care Bearish, Underweight. The Relative Strength Ratio broke out above previous 4-week highs on 11/4/09, which ought to be bullish for the short term. XLV/SPY fell below the lows of the previous 12 months on 10/22/09, which was bearish for the longer term, however.
Energy Neutral, Market Weight. The Relative Strength Ratio broke down below previous 11-day lows on 10/30/09, which should have been bearish for the short term. Longer term, it appears likely that XLE/SPY bottomed a year ago, on 10/16/08, and has been building a technical base over the past year.
Materials Neutral, Market Weight. The Relative Strength Ratio rose above the highs of the previous 4 trading days on 11/3/09, which appeared to signal nothing more than a short-term bounce. XLB/SPY broke down to a new 14-week low on 10/28/09, signaling a bearish relative trend for the intermediate term. Long term, XLB/SPY has underperformed for 16 months since 6/23/08.
Financial Bearish, Underweight. The Relative Strength Ratio broke down below the lows of the previous 13 weeks on 11/4/09, confirming the preexisting bearish trend. The XLF/SPY trend looks bearish for the short term, the intermediate-term, and probably the long-term as well.
Utilities Bearish, Underweight. The Relative Strength Ratio fell below previous 24-month lows on 10/14/09. XLU has underperformed since 11/21/08, as the appetite for risk recovered.
Emerging Markets Stocks ETF Relative Strength Ratio rebounded strongly on 11/04/09 to its highest level in a week. It seems uncertain, however, whether the downside correction since 10/14/09 is over. Longer term, EEM/SPY moved above previous 6-year highs on 10/14/09, confirming a major bull market trend.
Foreign Stocks ETF Relative Strength Ratio fell further below the lows of the previous 8 weeks on 11/3/09, confirming a downside correction for the intermediate term. The ratio outperformed for 10 months, from 10/27/08 to 9/9/09, and that uptrend could resume eventually. 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 broke down below 5-month lows on 11/4/09, indicating bearish trends for the short term and intermediate term.
Growth Stock/Value Stock Relative Strength Ratio broke out above the highs of the previous 13 weeks on 11/4/09, confirming the preexisting bullish trend for the intermediate term. IWF/IWD was in a major long-term uptrend from 8/8/06 to 3/5/09, and it seems quite possible that uptrend could resume.
Russell 1000 Value ETF Relative Strength Ratio broke down below the lows of the previous 13 weeks on 11/4/09, confirming the preexisting bearish trend. IWD/SPY has underperformed since 9/18/09. Long term, IWD/SPY remains in a bearish trend, underperforming since 3/22/07.
The S&P 500 equally weighted index relative to the S&P 500 capitalization weighted index broke down to a new 8-week low on 10/28/09, confirming a significant downside correction. The ratio had been in a strong uptrend from 11/19/08 to 9/16/09, and that trend could resume when this correction is over.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio peaked on 10/28/09 and turned down, as the market shifted back again toward risk seeking.
The Small Cap/Large Cap Relative Strength Ratio fell below the lows of the previous 6 months on 11/4/09, again confirming the preexisting bearish trend.
The Mid Cap/Large Cap Relative Strength Ratio broke down to a new 13-week low on 11/2/09, indicating a significant downside correction. The major secular trend since 1999 remains bullish, however.
Crude Oil nearest futures contract price rose above the highs of the previous 6 trading days on 11/4/09, which is bullish for the short term. Oil has consolidated large gains from the low at 32.40 on 12/19/08 to the high of 82.00 on 10/21/09. Long term, Oil remains in a bullish major trend. Potential support may be seen around the low of 76.55 set on 11/03/09 and around the high of 75.00 set on 8/25/09.
Gold nearest futures contract price closed further above previous all-time highs on 11/4/09. Gold remains bullish in all time frames. Technical supports might be found around previous highs and lows at 1072.0, 1070.2, 1069.0, 1047.5, 1026.9, 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 rose again after rising strongly on 11/3/09. The 7-week trend had been corrective to the downside until 11/2/09. The ratio rose to a 14-month high 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 above the highs of the previous 5 trading days on 11/4/09, which is bullish for the short term. A rising trend of the Silver/Gold Ratio suggests growing confidence about global economic prospects, while a falling trend suggests doubts.
Copper nearest futures contract price has turned choppy and uncertain short term, since breaking out to a new 13-month high of 3.0690 on 10/26/09. The main trend remains bullish. Rising copper prices suggest growing confidence about global economic prospects, while falling copper prices suggest doubts.
U.S. Treasury Bond December futures contract price fell below the lows of the previous 6 trading days on 11/4/09, which appears bearish for the short term. Intermediate term, the Bond has been in a mild rising trend since making a low on 6/11/09. The Bond may find short-term support around the previous lows of 117.25 set on 10/26/09, 117.18 set on 9/9/09, and 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 Relative Strength Ratio fell below the lows of the previous 3 weeks on 11/2/09, confirming a preexisting downside correction for the short term. When JNK/LQD is weak, that indicates risk aversion. Long term, JNK/LQD rose to a new 12-month high on 10/23/09, indicating an increasing appetite for risk.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio rose to another new 13-month high on 11/4/09, confirming a bullish long-term trend. Bond investors may be growing increasingly concerned about the inflation outlook, despite assurances of tame inflation by economists.
The U.S. dollar nearest futures contract price closed below the lows of the previous 6 trading days on 11/4/09, which is bearish for the short term. USD made a new 4-week high on 11/03/09 but surrendered nearly all of its gain by the close. Long term, the dominant trend remains bearish. USD fell below the lows of the previous 14 months on 10/21/09, confirming a bearish major 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 48.3% Bulls versus 24.7% Bears as of 11/4/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.96, down from 2.15 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 jumped to a 16-week high of 31.84 on 11/2/09, indicating rising levels of fear. VIX fell to a 13-month low of 20.10 on 10/21/09, indicating bullish complacency. 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 jumped to a 16-week high of 31.42 on 11/2/09, indicating rising levels of fear. VXN fell to a 13-month low of 20.75 on 10/21/09, indicating bullish complacency. 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 1.14 on 11/4/09, indicating bearish sentiment. The ratio’s 6-year mean is 1.41, its median is 1.36, and its range is 0.51 to 3.16.
CBOE Put/Call Ratio fell to 0.60 on 11/4/09, indicating slightly bullish sentiment. The ratio’s 6-year mean is 0.66, its median is 0.64, 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
1,238.81, 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
1,101.36, high of 10/21/2009
1,066.83, high of 10/29/2009
S&P 500 Cash Index Potential Support
1,029.38, low of 11/2/2009
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
998.80, Fibonacci 23.6% Retrace of 2009 range
991.97, low of 9/2/2009
992.72, Gann 25% Retrace of 2009 range
978.51, low of 8/17/2009
956.50, Dow 33.3% Retrace of 2009 range
956.23, high of 6/11/2009
935.35, Fibonacci 38.2% Retrace of 2009 range
930.17, high of 5/8/2009
884.08, Fibonacci 50% of 2009 range
869.32, low of 7/8/2009
826.83, low of 4/21/2009
832.80, Fibonacci 61.8% Retrace of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
775.43, Gann 75% Retrace of 2009 range
759.79, Fibonacci 78.6% Retrace of 2009 range
721.11, Gann 87.5% Retrace of 2009 range
666.79, intraday low of 3/6/2009
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
2.92% India Earnings WTree, EPI
2.77% South Korea Index, EWY
2.65% IPOs, First Tr IPOX-100, FPX
2.58% Emerging VIPERs, VWO
2.31% Taiwan Index, EWT
2.30% Austria Index, EWO
2.19% Brazil Index, EWZ
2.06% Sweden Index, EWD
1.98% Insurance, PIC
1.86% Emerging Markets, EEM
1.82% France Index, EWQ
1.80% Global Titans, DGT
1.80% Mexico Index, EWW
1.79% EMU Europe Index, EZU
1.74% Euro STOXX 50, FEZ
1.73% China LargeCap Growth G D H USX PS, PGJ
1.64% South Africa Index, EZA
1.62% Latin Am 40, ILF
1.62% Pharmaceutical H, PPH
1.59% Netherlands Index, EWN
1.58% European VIPERs, VGK
1.58% Short 200% US T Bond, TBT
1.56% Italy Index, EWI
1.55% Emerging 50 BLDRS, ADRE
1.50% China 25 iS, FXI
1.49% Healthcare Global, IXJ
1.47% Growth Large Cap, ELG
1.44% Asia 50 BLDRS, ADRA
1.43% Europe 350 S&P Index, IEV
1.43% Financial Preferred, PGF
1.38% Value LargeCap Euro STOXX 50 DJ, FEU
1.36% Belgium Index, EWK
1.30% Utilities, PUI
1.29% Value Large Cap DJ, ELV
1.28% Germany Index, EWG
1.28% Health Care SPDR, XLV
1.26% Wilshire 5000 ST TM, TMW
1.14% Healthcare DJ, IYH
1.13% Switzerland Index, EWL
1.05% Lg Cap Growth PSD, PWB
1.04% Developed 100 BLDRS, ADRD
1.02% Semiconductor SPDR, XSD
1.02% Leisure & Entertainment, PEJ
1.01% Europe 100 BLDRS, ADRU
1.01% EAFE Index, EFA
0.99% Spain Index, EWP
0.98% Health Care VIPERs, VHT
0.97% Telecommunications Global, IXP
0.97% Value EAFE MSCI, EFV
0.91% Oil, Crude, U.S. Oil Fund, USO
0.87% Growth EAFE MSCI, EFG
0.84% Technology Global, IXN
0.84% Ultra Dow30 Double, DDM
0.83% Pacific ex-Japan, EPP
0.82% Silver Trust iS, SLV
0.81% Australia Index, EWA
0.80% Semiconductor iS GS, IGW
0.74% Canada Index, EWC
0.73% Semiconductors, PSI
0.72% Software, IGV
0.71% Short 200% MidCap 400 PS, MZZ
0.70% Technology DJ US, IYW
0.69% Dividend Leaders, FDL
0.68% Energy Global, IXC
0.68% Dividend International, PID
0.67% Utilities SPDR, XLU
0.66% Value LargeCap Russell 3000, IWW
0.66% Utilities DJ, IDU
0.65% Info Tech VIPERs, VGT
0.64% Utilities H, UTH
0.63% Internet Architecture H, IAH
0.63% Growth LargeCap iS M, JKE
0.62% Retail H, RTH
0.61% Value 40 Large Low P/E FT DB, FDV
0.60% Gold Shares S.T., GLD
0.58% Technology SPDR, XLK
0.58% Hong Kong Index, EWH
0.57% Global 100, IOO
0.56% Utilities VIPERs, VPU
0.54% Growth 1000 Russell, IWF
0.54% Software H, SWH
0.54% Pharmaceuticals, PJP
0.52% Nanotech Lux, PXN
0.51% Technology GS, IGM
0.51% Pacific VIPERs, VPL
0.47% Short 200% Bond 7-10 Yr T, PST
0.45% Ultra S&P500 Double, SSO
0.42% Value SmallCap Dynamic PS, PWY
0.42% Semiconductor H, SMH
0.39% LargeCap Blend NYSE Composite iS, NYC
0.39% Bond, Corp, LQD
0.39% Short 100% MidCap 400, MYY
0.39% Metals & Mining SPDR, XME
0.39% Consumer Staples SPDR, XLP
0.38% DIAMONDS , DIA
0.37% Malaysia Index, EWM
0.37% Growth VIPERs, VUG
0.36% MidCap Blend Core iS M, JKG
0.35% Growth S&P 500, RPG
0.33% Financials Global LargeCap Value, IXG
0.33% Growth S&P 500/BARRA, IVW
0.33% Ultra QQQ Double, QLD
0.33% Consumer Cyclical DJ, IYC
0.32% United Kingdom Index, EWU
0.31% Value LargeCap Dynamic PS, PWV
0.31% Value LargeCap NYSE 100 iS, NY
0.30% LargeCap Rydex Rus Top 50, XLG
0.28% Singapore Index, EWS
0.28% Consumer Staples VIPERs, VDC
0.27% Food & Beverage, PBJ
0.27% LargeCap Blend S&P 100, OEF
0.26% Telecom H, TTH
0.26% S&P 500 SPDRs LargeCap Blend, SPY
0.24% Growth LargeCap Russell 3000, IWZ
0.22% LargeCap Blend Core iS M, JKD
0.22% Growth Small Cap DJ, DSG
0.20% Japan LargeCap Blend TOPIX 150, ITF
0.19% LargeCap Blend Socially Responsible iS, KLD
0.19% Bond, TIPS, TIP
0.18% Natural Resource iS GS, IGE
0.17% Blend Total Market VIPERs, VTI
0.17% Growth LargeCap NASDAQ 100, QQQQ
0.15% Bond, High-Yield Corporate, HYG
0.13% Dividend Appreciation Vipers, VIG
0.13% Telecommunications & Wireless, PTE
0.13% LargeCap VIPERs, VV
0.12% S&P 500 iS LargeCap Blend, IVV
0.10% Technology MS sT, MTK
0.09% Energy Exploration & Prod, PXE
0.09% LargeCap Blend S&P 1500 iS, ISI
0.08% Dividend Achievers PS, PFM
0.08% LargeCap Blend Russell 3000, IWV
0.07% Growth LargeCap NASDAQ Fidelity, ONEQ
0.07% LargeCap 1000 R, IWB
0.06% LargeCap Blend Total Market DJ, IYY
0.04% Value LargeCap iS M, JKF
0.04% Consumer Discretionary SPDR, XLY
0.03% Preferred Stock iS, PFF
0.02% Homebuilders SPDR, XHB
0.00% Value VIPERs, VTV
0.00% Materials SPDR, XLB
0.00% LargeCap Blend Dynamic PS, PWC
-0.01% MidCap Growth iS M, JKH
-0.01% Bond, 1-3 Year Treasury, SHY
-0.02% Short 100% QQQ, PSQ
-0.04% Consumer Non-Cyclical, IYK
-0.06% Basic Materials DJ US, IYM
-0.06% Industrial LargeCap Blend DJ US, IYJ
-0.06% Aerospace & Defense, PPA
-0.08% Commodity Tracking, DBC
-0.09% Energy SPDR, XLE
-0.10% Growth SmallCap iS M, JKK
-0.11% Value 1000 Russell, IWD
-0.11% Materials VIPERs, VAW
-0.11% Software, PSJ
-0.12% Growth MidCap Russell, IWP
-0.12% Short 100% S&P 500, SH
-0.16% Bond, Aggregate, AGG
-0.16% LargeCap Blend S&P=Weight R, RSP
-0.17% Dividend DJ Select, DVY
-0.17% Telecom DJ US, IYZ
-0.18% Value S&P 500 B, IVE
-0.18% Energy VIPERs, VDE
-0.18% Energy DJ, IYE
-0.19% Industrial SPDR, XLI
-0.21% Japan Index, EWJ
-0.22% Dividend SPDR, SDY
-0.22% MidCap VIPERs, VO
-0.23% Industrials VIPERs, VIS
-0.23% Consumer D. VIPERs, VCR
-0.24% Oil & Gas, PXJ
-0.25% Short 200% QQQ PS, QID
-0.26% Growth SmallCap Dynamic PS, PWT
-0.28% Bond, 10 Year Treasury, IEF
-0.28% SmallCap PS Zacks, PZJ
-0.29% Value Line Timeliness MidCap Gr, PIV
-0.31% Value MidCap Dynamic PS, PWP
-0.33% MidCap Russell, IWR
-0.36% SmallCap Core iS M, JKJ
-0.36% Telecom Services VIPERs, VOX
-0.40% Value MidCap S&P 400 B, IJJ
-0.42% Short 100% Dow 30, DOG
-0.42% Short 200% S&P 500 PS, SDS
-0.43% MidCap S&P 400 iS, IJH
-0.44% Building & Construction, PKB
-0.44% Growth MidCap 400 B, IJK
-0.47% Value MidCap Russell, IWS
-0.47% Value LargeCap Fundamental RAFI 1000, PRF
-0.47% Retail, PMR
-0.50% Micro Cap Zachs, PZI
-0.50% Internet H, HHH
-0.51% OTC Dynamic PS, PWO
-0.55% MidCap S&P 400 SPDRs, MDY
-0.56% Biotech H, BBH
-0.56% Water Resources, PHO
-0.58% Networking, IGN
-0.59% Internet Infrastructure H, IIH
-0.59% Value MidCap iS M, JKI
-0.61% Extended Mkt VIPERs, VXF
-0.63% Growth Mid Cap Dynamic PS, PWJ
-0.72% Growth MidCap S&P 400, RFG
-0.73% Ultra MidCap400 Double, MVV
-0.82% Short 200% Dow 30 PS, DXD
-0.82% Dividend High Yield Equity PS, PEY
-0.88% Growth SmallCap VIPERs, VBK
-0.89% Value Small Cap DJ, DSV
-0.91% Bond, 20+ Years Treasury, TLT
-1.07% Biotech & Genome, PBE
-1.12% Value SmallCap S&P 600 B, IJS
-1.14% Growth SmallCap R 2000, IWO
-1.15% Financial Services DJ, IYG
-1.18% SmallCap S&P 600, IJR
-1.19% Capital Markets KWB ST, KCE
-1.21% Financial DJ US, IYF
-1.21% Value S&P 500, RPV
-1.23% Growth BARRA Small Cap 600, IJT
-1.23% Small Cap VIPERs, VB
-1.23% Financials VIPERs, VFH
-1.24% Value SmallCap iS M, JKL
-1.26% Oil Services H, OIH
-1.26% Value SmallCap VIPERS, VBR
-1.39% Value SmallCap S&P 600, RZV
-1.39% Value SmallCap Russell 2000, IWN
-1.39% Financial SPDR, XLF
-1.44% SmallCap Russell 2000, IWM
-1.52% Transportation Av DJ, IYT
-1.55% Microcap Russell, IWC
-1.74% WilderHill Clean Energy PS, PBW
-1.78% Biotech SPDR, XBI
-1.80% Real Estate US DJ, IYR
-1.92% Bank Regional H, RKH
-2.04% Realty Cohen & Steers, ICF
-2.14% REIT VIPERs, VNQ
-2.24% REIT Wilshire, RWR
-5.84% Internet B2B H, BHH









