Stock Market: Spinning Tops and Minor Downside Reversals are not what the Bulls need now.

An 8-week upside breakout requires follow-through for confirmation, but follow-through is lacking now.

The S&P 500 and the Nasdaq Composite briefly broke out to new 8-week price highs intraday, but the market rejected the higher prices and the indexes closed lower on the day, signaling minor downside reversals.

Spinning Top, a Japanese Candlestick Chart pattern with shadows longer than its real body, indicates indecision, a standoff of bullish and bearish forces.

Short-term Minor Ripple movements are most unpredictable.

Every Primary Tide Trend contains within it counter-trend Secondary Reactions and many counter-trend Minor Ripples.

Counter-trend movements are difficult to play profitably. They are far more unpredictable than Primary Tide Trends, which dominate markets and can last for years.

There is no change in my conclusion. The Bearish Primary Tide Trend dominates the stock market. Financial risks remain elevated. Prudent investors may continue to focus on capital preservation.

On Monday, major stock price indexes opened slightly lower and fell further to the day’s low at 9:54 a.m. The S&P 500 and the Nasdaq Composite reversed to the upside and briefly broke out to new 8-week price highs at 2:04 p.m., but the market rejected the higher prices. Stocks quickly fell back into the previous day’s range and closed lower on the day. The Standard & Poor's 500 cash index (927.45) closed down 4.35 points, or 0.47%. Total NYSE volume rose 34%, reflecting better attendance after the holidays.

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
16.00% , BHH , Internet B2B H, BHH
1.72% , FDV , Value 40 Large Low P/E FT DB, FDV
21.21% , SSCC , Smurfit-Stone Container Corporation
0.71% , PEJ , Leisure & Entertainment, PEJ
12.33% , FNM , FANNIE MAE
16.08% , LVLT , LEVEL 3 COMMUNICATIONS
16.90% , MU , MICRON TECH
11.11% , LEN , Lennar Corp. (LEN)
10.29% , WYNN , Wynn Resorts L
10.71% , TER , TERADYNE
12.33% , FRE , FREDDIE MAC
6.51% , WHR , WHIRLPOOL
5.79% , NOC , NORTHROP GRUMMAN
1.59% , AGG , Bond, Aggregate, AGG
8.68% , PHM , PULTE HOMES
9.32% , LNC , LINCOLN NATL
8.99% , DHI , D.R. HORTON, DHI
7.17% , SLM , SLM CORP
6.21% , XRX , XEROX
5.05% , WAG , WALGREEN
14.75% , DDS , DILLARD STK A
1.85% , PHW , Hardware & Electronics, PHW
3.47% , ILF , Latin Am 40, ILF
5.79% , FII , FED INVESTORS STK B
11.61% , BC , BRUNSWICK
5.95% , ATI , ALLEGHENY TECH
3.75% , XHB , Homebuilders SPDR, XHB
3.94% , OIH , Oil Services H, OIH
6.02% , EP , EL PASO
5.05% , TIN , TEMPLE INLAND
2.44% , EWU , United Kingdom Index, EWU
3.95% , PXJ , Oil & Gas, PXJ
3.02% , EWC , Canada Index, EWC
12.18% , AMD , ADV MICRO DEV
4.19% , BHI , BAKER HUGHES
5.67% , AES , AES
5.85% , VLO , VALERO ENERGY
2.11% , IGE , Natural Resource iS GS, IGE
4.78% , APA , APACHE
4.92% , JCP , JC PENNEY

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-3.36% , TTH , Telecom H, TTH
-1.05% , NY , Value LargeCap NYSE 100 iS, NY
-13.39% , THC , TENET HEALTHCARE
-12.56% , SNV , SYNOVUS
-8.00% , SANM , SANMINA
-2.89% , EWD , Sweden Index, EWD
-8.40% , LSI , LSI LOGIC
-7.94% , IPG , INTERPUBLIC GRP
-1.47% , PIV , Value Line Timeliness MidCap Gr, PIV
-6.24% , VZ , VERIZON COMMS
-1.78% , IXJ , Healthcare Global, IXJ
-2.10% , PTE , Telecommunications & Wireless, PTE
-0.63% , ELV , Value Large Cap DJ, ELV
-2.43% , EWQ , France Index, EWQ
-5.34% , CMCSA , COMCAST HOLDINGS STK A
-4.99% , MV , METAVANTE TECHNOLOGIES, MV
-1.80% , PJP , Pharmaceuticals, PJP
-1.15% , SWH , Software H, SWH
-6.82% , STI , SUNTRUST BANKS
-5.73% , MI , MARSHAL & ILSLEY
-4.03% , NOVL , NOVELL
-1.02% , ADRD , Developed 100 BLDRS, ADRD
-1.28% , PMR , Retail, PMR
-4.06% , STJ , ST JUDE MEDICAL
-2.69% , FDO , FAMILY DLR STRS
-0.62% , IXG , Financials Global LargeCap Value, IXG
-2.48% , EWG , Germany Index, EWG
-3.46% , IP , INTL PAPER
-2.18% , TAP , ADOLPH COORS STK B, TAP
-4.00% , HOLX , Hologic, Inc., HOLX
-0.48% , IWW , Value LargeCap Russell 3000, IWW
-0.26% , IXN , Technology Global, IXN
-5.86% , MTB , M&T BANK
-4.22% , WPI , WATSON PHARM
-0.92% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-6.70% , JPM , J P MORGAN CHASE
-1.33% , IXP , Telecommunications Global, IXP
-2.84% , QLGC , QLOGIC
-0.57% , IYT , Transportation Av DJ, IYT
-3.08% , PTV , PACTIV

9 Major U.S. Stock Sectors
Ranked on Latest One-Day Price Change
% Price Change, Sector ETF, Symbol
2.35% Energy SPDR, XLE
1.41% Utilities SPDR, XLU
0.41% Consumer Staples SPDR, XLP
0.21% Materials SPDR, XLB
-0.31% Technology SPDR, XLK
-0.44% Consumer Discretionary SPDR, XLY
-0.48% Health Care SPDR, XLV
-0.78% Industrial SPDR, XLI
-1.66% Financial SPDR, XLF

Primary Tide Trends for the 9 major sectors can last for years. Here are my up-to-date Relative Strength Rankings, as measured with emphasis on these long-term Primary Tide Trends (listed in order of long-term relative strength):

Consumer Staples (XLP) Neutral, Market Weight. On 11/20/08, XLP/SPY Relative Strength Ratio rose to a new 10-year high. All 9 sectors have lost in 2008, but XLP has lost least.

Health Care (XLV) Neutral, Market Weight. On 11/20/08, XLV/SPY Relative Strength Ratio rose to a new 4-year high.

Utilities (XLU) Neutral, Market Weight. On 11/21/08, the XLU/SPY Relative Strength Ratio rose to a new 10-year high.

Consumer Discretionary (XLY) Bearish, Underweight. On 11/21/08, XLY absolute price fell to its lowest level in 10 years. The Relative Strength Ratio (XLY/SPY) has been trending down since 1/5/05 and fell to a new 7-year low on 11/19/08.

Energy (XLE) Bearish, Underweight. On 10/10/08, the XLE absolute price hit another new 18-month intraday low.

Technology (XLK) Bearish, Underweight. On 11/21/08, the XLK absolute price fell to a new 5-year low.

Industrial (XLI) Bearish, Underweight. On 11/21/08, the XLI absolute price fell to a new 5-year low.

Materials (XLB) Bearish, Underweight. On 11/20/08, the XLB absolute price fell to a new 5-year low.

Financial (XLF) Bearish, Underweight. On 11/21/08, the XLF absolute price hit another new 10-year low. In addition, the XLF long-term trend of Relative Strength Ratio (XLF/SPY) has been trending down since 2/20/07 and fell to a new 10-year low on 11/21/08.

The relative performance measurements of the 9 major sectors have indicated for many months a clear preference for defensive stocks that are insulated to a degree from economic downturns.

Foreign stock index EFA Relative Strength Ratio has improved since 10/27/08 but still has underperformed the S&P 500 since 11/27/07. EFA absolute price fell to a new 5-year low on 11/20/08 and has been in a falling trend since 10/31/07. EFA is the ETF representing the EAFE, the international developed country stock markets, ex the U.S. and Canada.

NASDAQ Composite remains Bearish. Relative Strength has been underperforming the S&P 500 since 8/14/08. On 11/21/08, the absolute price made another new 5-year low, reconfirming absolute long-term trend weakness.

Growth Stock/Value Stock Relative Strength Ratio fell to a new 10-month low on 12/8/08. The ratio has been trending down since it peaked on 7/15/08.

The Small Cap/Large Cap Relative Strength Ratio has stabilized since making a low on 11/19/08. Still, it is in a downtrend since it peaked on 9/19/08.

Crude Oil February futures contract price broke out above the highs of the previous 3 weeks. Oil’s short-term Minor Ripple trend remains Bullish, but its longer-term main trend remains Bearish. On 12/24/08, oil broke down to another new 4-year low at 35.13. Oil traded at 147.27 on July 11, 2008. U.S. OIL FUND ETF (AMEX: USO) is not a pure play on Crude Oil, although it generally moves in the same direction.

The Energy stock sector outperformed Crude Oil since 10/9/08. Still, crude oil price weakness has been a drag on Energy stocks, which have underperformed the Standard & Poor's 500 since 7/1/08.

Gold February futures contract price broke down below the lows of the previous 4 trading days, turning the short-term trend Bearish. Gold remains in an intermediate-term Bullish trend. On 12/29/08, Gold jumped up to a new 2-month price high. Longer term, Gold has been in a downtrend since the peak of 1,033.90 on 3/17/08.

Gold Mining stocks have firmed since 10/27/08 but still have underperformed Gold futures on a major trend basis over the past year.

U.S. Treasury Bond March futures contract price broke down below the lows of the previous 3 weeks. Bonds’ short-term Minor Ripple trend remains down. On 12/18/08, the long Bond rose to another new all-time high price, confirming the major Bullish trend.

Bond quality spreads are Bearish. LQD/TLT Relative Strength Ratio fell to multi-year new lows on 12/19/08. This implies that Bond investors are seriously concerned about the economic outlook. LQD/TLT is iShares iBoxx $ Invest Grade Corp Bond ETF (LQD) price divided by 20+ Years US Treasury Bond ETF price (TLT).

The Bond market expects deflation. The TIP/TLT Ratio fell to a new 5-year low on 11/24/08. TIP/TLT is the iShares Lehman TIPS Bond ETF price (TIP) divided by 20+ Years US Treasury Bond ETF price (TLT).

The U.S. dollar price broke out to a new 3 week high. The day-to-day minor Ripple trend remains Bullish. The longer-term trend might still be Bearish, however. On 12/17/08, the dollar broke down below the lows of the previous 10 weeks, confirming a significant Bearish trend.

The Art of Contrary Thinking: It is important to recognize that although surveys indicated significant Bearish sentiment nearly all year in 2008, that did not keep the stock market from suffering one of its biggest yearly declines on record. Contrary Thinking alone is not sufficient. It must be tempered by means of more precise market timing tools.

Advisory Service Sentiment: There were 38.5% Bulls versus 38.5% Bears as of 12/31/08, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.00, up from 0.91 the previous week. The ratio’s 38-year range is 0.28 to 17.51, and the median is 1.47.

VIX Fear Index, now at 39.08, fell to a new 3-month low and remains in a 6-week downtrend. Its 18-year high was 80.86 set on 11/20/08. Its 18-year low was 9.89 on 1/24/07. 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, now at 39.07, fell to a new 3-month low and remains in a 6-week downtrend. Its 7-year high was 80.64 set on 11/20/08. Its record high was 114.23 on 10/8/98. Its record low was 12.61 on 7/29/05. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

CBOE Put/Call Ratio is 0.67, which indicates Neutral sentiment. Its 4-year mean and median are 0.62, and its 4-year range is 0.35 to 1.28.

ISEE Call/Put Ratio is 1.22, which indicates Bearish sentiment. On 12/29/08, the ratio popped up to 2.06, indicating Bullish sentiment. The ratio’s 4-year mean is 1.50, 4-year median is 1.47, and 4-year range is 0.51 to 3.16.

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. Famous value investors, who buy stocks when they are “cheap” based on “solid fundamentals”, badly underestimated the depth of the business downturn. They substantially underperformed a very weak stock market in 2008. Economic statistics and corporate earnings were much worse than expected in 2008 and could continue to surprise on the downside during 2009.

The Dow Theory last reconfirmed a Primary Tide Bear Market on 11/20/08, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed below their previous lowest closing prices of 2005-2008. These two Averages originally signaled a Primary Tide Bear Market on 11/21/07, when both closed below their closing price lows of August, 2007.

The breadth of the market has been in a Bearish trend long term since June 2007. The number of New Lows has exceeded the number of New Highs most days for 17 months, since July 2007, and that is one sign of a Bear Market. On 11/20/08, the Cumulative Daily Advance-Decline Lines for the NYSE and for the NASDAQ both fell to new 2-year lows, reconfirming that the major breadth trends remain Bearish.

To discover the next Resistance, traders probably will be watching how the market acts at the following levels for the Standard & Poor's 500 cash index (927.45):

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
1,366.59, 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
1,220.03, high of 9/25/2008
1,077.08, Fibonacci 61.8% of 2002-2007 upmove
1,044.31, high of 10/14/2008
1,007.51, high of 11/4/2008

To discover the next Support, traders probably will be watching how the market acts at the following levels for the S&P 500 cash index (927.45):

Potential Support
851.35, low of 12/12/2008
741.02, low of 11/21/2008
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

16.00% Internet B2B H, BHH
4.69% Oil, Crude, U.S. Oil Fund, USO
4.14% Energy Exploration & Prod, PXE
4.01% Metals & Mining SPDR, XME
3.95% Oil & Gas, PXJ
3.94% Oil Services H, OIH
3.76% Brazil Index, EWZ
3.75% Homebuilders SPDR, XHB
3.47% Latin Am 40, ILF
3.02% Canada Index, EWC
2.55% Energy VIPERs, VDE
2.44% United Kingdom Index, EWU
2.35% Energy SPDR, XLE
2.21% Singapore Index, EWS
2.11% Natural Resource iS GS, IGE
2.05% Emerging 50 BLDRS, ADRE
1.92% Energy DJ, IYE
1.90% Mexico Index, EWW
1.85% Hardware & Electronics, PHW
1.80% IPOs, First Tr IPOX-100, FPX
1.77% WilderHill Clean Energy PS, PBW
1.76% Ultra MidCap400 Double, MVV
1.73% Malaysia Index, EWM
1.72% Value 40 Large Low P/E FT DB, FDV
1.64% Retail H, RTH
1.61% Emerging VIPERs, VWO
1.59% Bond, Aggregate, AGG
1.52% China LargeCap Growth G D H USX PS, PGJ
1.41% Utilities SPDR, XLU
1.36% Biotech SPDR, XBI
1.30% Emerging Markets, EEM
1.22% Basic Materials DJ US, IYM
1.13% China 25 iS, FXI
1.05% Commodity Tracking, DBC
1.03% Utilities DJ, IDU
0.91% Semiconductor SPDR, XSD
0.83% Short 200% Dow 30 PS, DXD
0.82% Utilities VIPERs, VPU
0.81% Short 100% Dow 30, DOG
0.81% Growth SmallCap R 2000, IWO
0.74% Internet Architecture H, IAH
0.71% Leisure & Entertainment, PEJ
0.69% Networking, IGN
0.69% Bond, Corp, LQD
0.65% Value MidCap iS M, JKI
0.65% Utilities H, UTH
0.63% Networking, PXQ
0.60% Technology DJ US, IYW
0.58% MidCap Russell, IWR
0.58% Growth S&P 500, RPG
0.58% Building & Construction, PKB
0.57% Value SmallCap Dynamic PS, PWY
0.56% MidCap VIPERs, VO
0.55% Value S&P 500, RPV
0.53% Microcap Russell, IWC
0.52% LargeCap Blend S&P=Weight R, RSP
0.52% Energy Global, IXC
0.46% Growth MidCap Russell, IWP
0.45% Value MidCap Russell, IWS
0.45% Growth MidCap S&P 400, RFG
0.45% Semiconductors, PSI
0.41% Consumer Staples SPDR, XLP
0.41% MidCap S&P 400 SPDRs, MDY
0.40% SmallCap PS Zacks, PZJ
0.39% Growth Small Cap DJ, DSG
0.37% Growth LargeCap iS M, JKE
0.37% Dividend International, PID
0.37% Growth MidCap 400 B, IJK
0.37% Biotech & Genome, PBE
0.36% SmallCap Russell 2000, IWM
0.34% Value MidCap Dynamic PS, PWP
0.34% MidCap Growth iS M, JKH
0.34% Extended Mkt VIPERs, VXF
0.33% MidCap S&P 400 iS, IJH
0.32% Utilities, PUI
0.31% Aerospace & Defense, PPA
0.29% Growth 1000 Russell, IWF
0.28% Materials VIPERs, VAW
0.25% India Earnings WTree, EPI
0.25% Growth VIPERs, VUG
0.24% Value SmallCap Russell 2000, IWN
0.24% South Korea Index, EWY
0.24% LargeCap Blend Dynamic PS, PWC
0.22% Insurance, PIC
0.21% Materials SPDR, XLB
0.20% Bond, 1-3 Year Treasury, SHY
0.20% Value SmallCap iS M, JKL
0.17% Short 100% S&P 500, SH
0.16% Growth LargeCap Russell 3000, IWZ
0.16% Value MidCap S&P 400 B, IJJ
0.15% Growth S&P 500/BARRA, IVW
0.15% Consumer D. VIPERs, VCR
0.15% Capital Markets KWB ST, KCE
0.14% LargeCap 1000 R, IWB
0.11% Growth Large Cap, ELG
0.10% Growth SmallCap iS M, JKK
0.08% MidCap Blend Core iS M, JKG
0.01% Ultra QQQ Double, QLD
0.00% Growth BARRA Small Cap 600, IJT
-0.02% Blend Total Market VIPERs, VTI
-0.02% Industrial LargeCap Blend DJ US, IYJ
-0.02% Value SmallCap VIPERS, VBR
-0.03% Growth LargeCap NASDAQ 100, QQQQ
-0.03% Semiconductor iS GS, IGW
-0.04% SmallCap Core iS M, JKJ
-0.05% Consumer Cyclical DJ, IYC
-0.06% Info Tech VIPERs, VGT
-0.06% Technology GS, IGM
-0.06% Europe 100 BLDRS, ADRU
-0.06% Nanotech Lux, PXN
-0.07% LargeCap Blend Total Market DJ, IYY
-0.07% Short 100% QQQ, PSQ
-0.09% Wilshire 5000 ST TM, TMW
-0.09% Short 200% S&P 500 PS, SDS
-0.11% Ultra S&P500 Double, SSO
-0.11% SmallCap S&P 600, IJR
-0.11% LargeCap Blend Russell 3000, IWV
-0.12% S&P 500 SPDRs LargeCap Blend, SPY
-0.15% Consumer Staples VIPERs, VDC
-0.16% Small Cap VIPERs, VB
-0.18% Bond, 10 Year Treasury, IEF
-0.18% Growth SmallCap VIPERs, VBK
-0.19% Hong Kong Index, EWH
-0.21% Consumer Non-Cyclical, IYK
-0.23% Industrials VIPERs, VIS
-0.23% Value Small Cap DJ, DSV
-0.24% Internet Infrastructure H, IIH
-0.24% LargeCap Blend NYSE Composite iS, NYC
-0.25% LargeCap Blend Core iS M, JKD
-0.25% Biotech H, BBH
-0.26% S&P 500 iS LargeCap Blend, IVV
-0.26% Technology Global, IXN
-0.27% Lg Cap Growth PSD, PWB
-0.28% Value 1000 Russell, IWD
-0.28% LargeCap Blend Socially Responsible iS, KLD
-0.29% Short 200% QQQ PS, QID
-0.30% Water Resources, PHO
-0.31% Technology SPDR, XLK
-0.33% South Africa Index, EZA
-0.33% Micro Cap Zachs, PZI
-0.34% LargeCap Blend S&P 100, OEF
-0.34% Technology MS sT, MTK
-0.34% Value LargeCap Fundamental RAFI 1000, PRF
-0.36% Dividend Appreciation Vipers, VIG
-0.37% Bond, TIPS, TIP
-0.42% Short 100% MidCap 400, MYY
-0.42% Food & Beverage, PBJ
-0.44% Consumer Discretionary SPDR, XLY
-0.46% LargeCap Blend S&P 1500 iS, ISI
-0.47% Value LargeCap Dynamic PS, PWV
-0.48% Health Care SPDR, XLV
-0.48% Value LargeCap Russell 3000, IWW
-0.52% Value VIPERs, VTV
-0.54% Asia 50 BLDRS, ADRA
-0.54% Semiconductor H, SMH
-0.55% LargeCap VIPERs, VV
-0.55% DIAMONDS (DJIA), DIA
-0.57% Transportation Av DJ, IYT
-0.57% Growth Mid Cap Dynamic PS, PWJ
-0.58% Pharmaceutical H, PPH
-0.62% Financials Global LargeCap Value, IXG
-0.63% Value Large Cap DJ, ELV
-0.63% Value S&P 500 B, IVE
-0.64% Taiwan Index, EWT
-0.65% Growth SmallCap Dynamic PS, PWT
-0.66% Internet H, HHH
-0.74% Broadband H, BDH
-0.78% Industrial SPDR, XLI
-0.79% Pacific ex-Japan, EPP
-0.81% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.84% Dividend SPDR, SDY
-0.90% Dividend High Yield Equity PS, PEY
-0.90% LargeCap Rydex Rus Top 50, XLG
-0.90% Health Care VIPERs, VHT
-0.91% Software, IGV
-0.92% Value LargeCap Euro STOXX 50 DJ, FEU
-0.93% Dividend DJ Select, DVY
-0.95% Europe 350 S&P Index, IEV
-0.96% Austria Index, EWO
-0.97% Italy Index, EWI
-1.02% Dividend Achievers PS, PFM
-1.02% Developed 100 BLDRS, ADRD
-1.03% Short 200% MidCap 400 PS, MZZ
-1.05% Value LargeCap NYSE 100 iS, NY
-1.05% European VIPERs, VGK
-1.06% Value SmallCap S&P 600 B, IJS
-1.07% Spain Index, EWP
-1.07% Value SmallCap S&P 600, RZV
-1.08% Healthcare DJ, IYH
-1.08% Global 100, IOO
-1.09% OTC Dynamic PS, PWO
-1.13% Ultra Dow30 Double, DDM
-1.13% Software, PSJ
-1.13% Value LargeCap iS M, JKF
-1.14% Dividend Growth PS, PHJ
-1.15% Software H, SWH
-1.18% Telecom DJ US, IYZ
-1.28% Retail, PMR
-1.33% Telecommunications Global, IXP
-1.34% Australia Index, EWA
-1.45% Value MidCap S&P 400, RFV
-1.47% Value Line Timeliness MidCap Gr, PIV
-1.50% Growth EAFE MSCI, EFG
-1.61% EAFE Index, EFA
-1.61% Global Titans, DGT
-1.66% Financial SPDR, XLF
-1.71% Telecom Services VIPERs, VOX
-1.76% Netherlands Index, EWN
-1.77% Financials VIPERs, VFH
-1.78% Healthcare Global, IXJ
-1.80% Pharmaceuticals, PJP
-1.84% REIT VIPERs, VNQ
-1.85% Financial DJ US, IYF
-1.88% Belgium Index, EWK
-1.96% Real Estate US DJ, IYR
-1.96% EMU Europe Index, EZU
-1.99% Value EAFE MSCI, EFV
-2.00% Switzerland Index, EWL
-2.03% Gold Shares S.T., GLD
-2.10% Telecommunications & Wireless, PTE
-2.20% Japan LargeCap Blend TOPIX 150, ITF
-2.26% Pacific VIPERs, VPL
-2.43% France Index, EWQ
-2.48% Germany Index, EWG
-2.49% Japan Index, EWJ
-2.55% Euro STOXX 50, FEZ
-2.57% Financial Services DJ, IYG
-2.58% Bond, 20+ Years Treasury, TLT
-2.63% Silver Trust iS, SLV
-2.70% Dividend Leaders, FDL
-2.80% Realty Cohen & Steers, ICF
-2.81% REIT Wilshire, RWR
-2.89% Sweden Index, EWD
-3.36% Telecom H, TTH
-4.14% Bank Regional H, RKH