Stock Market Commentary

Stock Market: Shake and Bake.

Major stock price indexes broke down below the lows of the previous 3 trading days before whipping around to close up on the day. Sell stops below the 3-day range were elected. New trend-following shorts were lured in--and squeezed. I expect that everybody will be blaming high-frequency trading programs for the whipsaw. We’ve seen a lot of this kind of action, one- or two-day shakeouts, since the March lows.

Financial Stock Sector Relative Strength Ratio (XLF/SPY) broke out to a new 9-month high on 8/27/09, confirming a cyclical uptrend.

NASDAQ Composite Relative Strength Ratio compared to the versus the S&P 500 has turned down since 7/23/09 and broke down below the lows of the previous 11 weeks on 8/27/09.

The U.S. dollar price fell back to the lower end of its range. Still, USD appears to be stabilizing since making an 11-month low on 8/5/09.

Investors Intelligence survey of stock market newsletter advisors shows the highest ratio of Bulls to Bears in 22 months, since 10/17/07, now at 2.61 Bulls for every Bear.

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

46.34% , ABK , AMBAC FINL GRP
17.50% , MBI , MBIA
26.93% , AIG , AMER INTL GROUP
22.83% , CIT , CIT GROUP
8.36% , BA , BOEING
6.71% , DELL , DELL
9.46% , GNW , GENWORTH FINANCIAL (NYSE:GNW)
8.35% , ATI , ALLEGHENY TECH
1.14% , ADRU , Europe 100 BLDRS, ADRU
9.07% , C , CITIGROUP
0.53% , SWH , Software H, SWH
1.34% , KG , KING PHARM
0.89% , EWI , Italy Index, EWI
4.31% , HMA , HEALTH MGMT STK A
1.82% , PPA , Aerospace & Defense, PPA
0.82% , EWQ , France Index, EWQ
1.78% , TBH , Telebras HOLDRS, TBH
0.27% , IAH , Internet Architecture H, IAH
2.88% , MCO , MOODYS CORP
2.70% , PPG , PPG INDUSTRIES
3.42% , COL , ROCKWELL COLLINS
3.57% , ETFC.O , E*TRADE FINANCIAL
3.60% , NTAP , NETWK APPLIANCE
0.33% , EWG , Germany Index, EWG
0.41% , JKH , MidCap Growth iS M, JKH
1.13% , EWO , Austria Index, EWO
2.13% , EWA , Australia Index, EWA
1.20% , EWP , Spain Index, EWP
0.35% , VO , MidCap VIPERs, VO
2.27% , WOR , WORTHINGTON INDS
2.65% , ACE , ACE
2.52% , GR , GOODRICH CORP
0.99% , CPB , CAMPBELL SOUP
3.73% , WHR , WHIRLPOOL
0.32% , ISI , LargeCap Blend S&P 1500 iS, ISI
2.06% , EZA , South Africa Index, EZA
10.34% , FRE , FREDDIE MAC
2.81% , KEY , KEYCORP
1.60% , MRVL , MARVELL TECHNOLOGY
4.19% , AMD , ADV MICRO DEV

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-6.24% , CAR , Avis Budget Group, Inc. (CAR)
-2.20% , PGF , Financial Preferred, PGF
-2.36% , JNS , JANUS CAPITAL
-0.33% , JKK , Growth SmallCap iS M, JKK
-0.34% , UTH , Utilities H, UTH
-2.47% , AM , AMER GREETINGS STK A
-1.60% , RIMM , RESEARCH IN MOTION LTD
-0.84% , NOVL , NOVELL
-1.60% , RFMD , RF Micro Devices Inc
-1.11% , MWV , MEADWESTVACO
-1.39% , DOW , DOW CHEMICAL
-1.38% , EOG , EOG RESOURCES
-1.84% , EP , EL PASO
-1.87% , MOT , MOTOROLA
-1.41% , XTO , XTO ENERGY INC
-0.51% , HYG , Bond High-Yield Corporate, HYG
-1.04% , ALTR , ALTERA
-0.93% , NUE , NUCOR
-0.84% , WAT , WATERS
-2.36% , PTEN , Patterson-UTI Energy Inc
-0.25% , ILF , Latin Am 40, ILF
-1.12% , ACS , AFFILIATED COMPUTER
-0.42% , IYT , Transportation Av DJ, IYT
-1.69% , NIHD , NII Holdings, Inc.
-0.26% , PFM , Dividend Achievers PS, PFM
-0.69% , MU , MICRON TECH
-1.43% , PHM , PULTE HOMES
-0.82% , UIS , UNISYS
-0.33% , EWH , Hong Kong Index, EWH
-1.77% , DLX , DELUXE
-0.60% , PXE , Energy Exploration & Prod, PXE
-0.46% , LQD , Bond, Corp, LQD
-1.47% , CCL , CARNIVAL STK A
-1.22% , WMB , WILLIAMS
-0.75% , RDC , ROWAN COMPANIES
-1.08% , WMT , WAL MART STORES
-0.68% , CSC , COMPUTER SCIENCE
-0.38% , VIA , VIACOM INC. (New)
-0.27% , IEF , Bond, 10 Year Treasury, IEF
-0.28% , EWY , South Korea Index, EWY

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 made no progress since 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. Long term, XLY/SPY has trended downward since 1/5/05.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) turned down after 7/22/09. XLK was so strong from 12/31/08 to 7/22/09 that it still ranks high in this long-term relative strength ranking. XLK/SPY rose to its highest level in 7 years on 7/22/09, confirming a long-term uptrend in effect since 9/30/02.

Health Care (XLV) Neutral, Market Weight. The Relative Strength Ratio (XLV/SPY) has flattened out in recent months. XLV/SPY rose strongly from 5/15/08 to 2/23/09, resulting in the relatively high ranking here.

Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) broke out to a new 9-month high on 8/27/09, confirming a cyclical uptrend. XLF has outperformed since 3/6/09. Longer term, XLF/SPY may still be in a secular Bear trend since its major top on 3/23/04.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) broke down below the lows of the previous 4 weeks on 8/26/09, thereby confirming a short-term downside correction. Nevertheless, XLB/SPY is still in an uptrend since its low on 12/5/08.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) underperformed moderately since 11/20/08. Longer term, XLP/SPY is still holding a 2-year uptrend line.

Industrial (XLI) Bearish, Underweight. The Relative Strength Ratio (XLI/SPY) in recent months appears to be consolidating previous massive losses. XLI/SPY fell long and hard from 3/31/08 to 3/6/09.

Utilities (XLU) Bearish, Underweight. The Relative Strength Ratio (XLU/SPY) has stabilized and has been about flat since 6/9/09. XLU/SPY underperformed from 11/21/08 to 6/9/09.

Energy (XLE) Bearish, Underweight. The Relative Strength Ratio (XLE/SPY) has been weak since 6/11/09. Longer term, XLE/SPY fell to a 10-month low on 8/17/09, to confirm a Bearish cycle phase in force since it peaked on 7/1/08.

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) appears to be in a short-term downtrend since 8/3/09 but still in a major long-term uptrend since 10/24/08. Absolute price has been in a rising trend since 11/20/08.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) appears to be firming up since 7/14/09. EFA outperformed from 10/27/08 to 5/22/09, and that uptrend could resume. EFA is the ETF representing the EAFE, the international developed country stock markets, excluding the U.S. and Canada.

NASDAQ Composite Relative Strength Ratio compared to the versus the S&P 500 has turned down since 7/23/09 and broke down below the lows of the previous 11 weeks on 8/27/09.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) broke down below previous 3-month lows on 8/26/09. Long term, the RS Ratio has been in an uptrend since 8/8/06, indicating major trend strength.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) has firmed up short-term, since making a low on 7/8/09. Long term, the IWD RS Ratio remains in a Bearish Major Trend, underperforming the SPY since 3/22/07.

The S&P 500 equally weighted index rose a new high relative to the S&P 500 capitalization weighted index on 8/13/09, confirming a major uptrend in effect since 11/19/08.

The Largest Cap S&P 100 / S&P 500 Relative Strength Ratio (OEX/SPX) has stabilized since making a low on 8/7/09. The ratio had been in a downtrend from 11/20/08 to 8/7/09, indicating that the largest capitalization stocks were lagging the broader market.

The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) has been in a rising trend since 3/9/09. The ratio made a 9-month high on 8/4/09, which indicated a relative uptrend for the longer term for Small Cap stocks.

The Mid Cap/Large Cap Relative Strength Ratio (MDY/SPY) broke down below 2-week lows on 8/17/09, confirming a downtrend for the short term. Longer term, the ratio was in an uptrend from 11/21/08 to 8/17/09, and that uptrend could resume.

Crude Oil nearest futures contract price broke down below the lows of the previous 5 trading days before reversing to close higher than the 2 previous closes. Oil held a 6-week uptrend line, which is bullish. The cyclical, intermediate-term trend still appears bullish.

The Energy stock sector has underperformed Crude Oil since 2/18/09. The XLE to Crude Oil Ratio broke down to a new 7-month low on 6/29/09.

Gold nearest futures contract price has been confined to a choppy trading range since 8/6/09. Gold appears to have some resistance at previous highs of 957.6 and 960.1. For support, watch previous lows at 931.5, 925.2 and 904.8, based on the nearest futures contract. Intermediate term, Gold appears to be in a triangle consolidation since 2/16/09. Longer term, Gold has been consolidating since making an all-time high at 1,033.9 on 3/17/08. Probabilities appear to favor an upside breakout--eventually.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to Gold bullion) has been consolidating gains since peaking on 6/2/09. The ratio was in an uptrend from 10/27/08 to 6/2/09, and that uptrend could resume.

Silver/Gold ratio peaked on 6/2/09 and remains lower, suggesting some small diminishment of confidence in world economic recovery.

Copper nearest futures contract price has been confined to a choppy trading range since 8/14/09. Longer term, Copper has been in a 9-month uptrend since 12/08, and that uptrend could resume.

U.S. Treasury Bond nearest futures contract price fell after encountering resistance at 121.07 to 121.12. The Bond broke out above the highs of the previous 6 weeks on 8/26/09, confirming the minor trend as Bullish. Intermediate term, Bonds still may be consolidating in a neutral trading range. On 8/7/09, Bonds found support at the upper end of the 112-115 zone of many previous reversal points (including both lows and highs).

Bond quality ratio (LQD/TLT) has been trending down since 8/7/09. Longer term, the ratio trended up from 12/19/08 to 8/7/09. LQD/TLT is iShares iBoxx $ Invest Grade Corp Bond ETF (LQD) price divided by 20+ Years US Treasury Bond ETF price (TLT).

The U.S. dollar nearest futures contract price fell back to the lower end of its range. Still, USD appears to be stabilizing since making an 11-month low on 8/5/09. Intermediate term, USD has lost downside momentum in August but still may be merely consolidating losses within a Bearish trend. Longer term, USD fell below 10-month lows on 8/5/09 and remains in a Bearish trend since its peak set on 3/4/09.

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 51.6% Bulls versus 19.8% Bears as of 8/26/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 2.61, up from 2.09 the previous week. This 2.61 was 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 has been fluctuating sideways between 23 and 28 since 7/24/09, after falling 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 has been fluctuating sideways between 24 and 28 since 7/17/09, after falling 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 rose to 1.33 on 8/27/09, still 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 0.64 on 8/26/09, indicating neutral 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 an increasingly 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 drop
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 drop
1,220.03, high of 9/25/2008
1,121.44, Fibonacci 50.0% of 2007-2009 drop
1,077.08, Fibonacci 61.8% of 2002-2007 upmove
1,044.31, high of 10/14/2008
1,037.75, high of 8/25/2008

S&P 500 Cash Index Potential Support
1,016.20, low of 8/27/2009
1,014.14, Fibonacci 38.2% of 2007-2009 drop
1009.06, low of 8/21/2009
1,007.78, Gann 37.5% of 2007-2009 drop
978.51, low of 8/17/2009
956.23, high of 6/11/2009
930.17, high of 5/8/2009
869.32, low of 7/8/2009
826.83, low of 4/21/2009
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
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

2.36% Internet Infrastructure H, IIH
2.13% Australia Index, EWA
2.08% Oil, Crude, U.S. Oil Fund, USO
2.06% South Africa Index, EZA
1.82% Aerospace & Defense, PPA
1.76% Value S&P 500, RPV
1.64% Pacific ex-Japan, EPP
1.32% Euro STOXX 50, FEZ
1.20% Spain Index, EWP
1.16% Financials Global LargeCap Value, IXG
1.14% Europe 100 BLDRS, ADRU
1.13% Austria Index, EWO
1.13% Canada Index, EWC
1.12% Developed 100 BLDRS, ADRD
1.06% European VIPERs, VGK
1.04% Realty Cohen & Steers, ICF
1.03% Value LargeCap Fundamental RAFI 1000, PRF
1.03% Financial SPDR, XLF
1.03% Financial Services DJ, IYG
1.02% Switzerland Index, EWL
0.97% Value EAFE MSCI, EFV
0.97% REIT VIPERs, VNQ
0.97% Asia 50 BLDRS, ADRA
0.96% Singapore Index, EWS
0.96% Value MidCap iS M, JKI
0.94% 200% Short US T Bond, TBT
0.93% Financial DJ US, IYF
0.91% Industrial SPDR, XLI
0.89% Italy Index, EWI
0.89% REIT Wilshire, RWR
0.87% EMU Europe Index, EZU
0.84% Commodity Tracking, DBC
0.82% France Index, EWQ
0.82% Europe 350 S&P Index, IEV
0.79% Real Estate US DJ, IYR
0.77% Nanotech Lux, PXN
0.76% EAFE Index, EFA
0.75% Financials VIPERs, VFH
0.75% Ultra MidCap400 Double, MVV
0.73% Industrial LargeCap Blend DJ US, IYJ
0.72% Malaysia Index, EWM
0.70% Materials SPDR, XLB
0.70% Technology MS sT, MTK
0.67% Bank Regional H, RKH
0.66% Pacific VIPERs, VPL
0.64% Growth EAFE MSCI, EFG
0.63% Ultra Dow30 Double, DDM
0.62% Japan LargeCap Blend TOPIX 150, ITF
0.61% Industrials VIPERs, VIS
0.61% Sweden Index, EWD
0.59% Netherlands Index, EWN
0.59% Internet H, HHH
0.58% Mexico Index, EWW
0.56% Value MidCap S&P 400 B, IJJ
0.55% Ultra S&P500 Double, SSO
0.54% LargeCap Blend NYSE Composite iS, NYC
0.53% Value Small Cap DJ, DSV
0.53% Software H, SWH
0.52% Growth Mid Cap Dynamic PS, PWJ
0.51% 200% Short Bond 7-10 Yr T, PST
0.49% Global Titans, DGT
0.47% Value SmallCap iS M, JKL
0.47% Taiwan Index, EWT
0.46% Materials VIPERs, VAW
0.45% Semiconductor SPDR, XSD
0.45% Retail, PMR
0.45% Value LargeCap Dynamic PS, PWV
0.44% Value 40 Large Low P/E FT DB, FDV
0.44% Wilshire 5000 ST TM, TMW
0.43% SmallCap Core iS M, JKJ
0.43% Small Cap VIPERs, VB
0.43% Gold Shares S.T., GLD
0.41% MidCap Growth iS M, JKH
0.41% Value MidCap Russell, IWS
0.41% Ultra QQQ Double, QLD
0.40% Technology DJ US, IYW
0.40% Value Large Cap DJ, ELV
0.40% Value S&P 500 B, IVE
0.38% Technology Global, IXN
0.38% Dividend International, PID
0.38% DIAMONDS (DJIA), DIA
0.37% Energy Global, IXC
0.36% Telecommunications Global, IXP
0.36% Growth LargeCap iS M, JKE
0.36% Technology GS, IGM
0.36% LargeCap Blend Socially Responsible iS, KLD
0.35% MidCap VIPERs, VO
0.35% Blend Total Market VIPERs, VTI
0.34% Value SmallCap VIPERS, VBR
0.33% Info Tech VIPERs, VGT
0.33% Consumer D. VIPERs, VCR
0.33% MidCap S&P 400 iS, IJH
0.33% United Kingdom Index, EWU
0.33% Germany Index, EWG
0.32% MidCap S&P 400 SPDRs, MDY
0.32% LargeCap Blend S&P 1500 iS, ISI
0.32% Metals & Mining SPDR, XME
0.31% Value VIPERs, VTV
0.31% S&P 500 iS LargeCap Blend, IVV
0.31% Value MidCap Dynamic PS, PWP
0.31% MidCap Russell, IWR
0.30% LargeCap VIPERs, VV
0.30% Growth MidCap 400 B, IJK
0.29% Growth MidCap Russell, IWP
0.29% LargeCap Blend Total Market DJ, IYY
0.29% Japan Index, EWJ
0.29% Pharmaceutical H, PPH
0.29% LargeCap Blend S&P 100, OEF
0.28% Global 100, IOO
0.27% Value LargeCap Russell 3000, IWW
0.27% Internet Architecture H, IAH
0.27% LargeCap 1000 R, IWB
0.25% Extended Mkt VIPERs, VXF
0.25% Growth VIPERs, VUG
0.25% Growth Large Cap, ELG
0.25% Growth LargeCap NASDAQ 100, QQQQ
0.24% Growth 1000 Russell, IWF
0.24% Consumer Cyclical DJ, IYC
0.23% Natural Resource iS GS, IGE
0.22% S&P 500 SPDRs LargeCap Blend, SPY
0.21% Semiconductor iS GS, IGW
0.20% Dividend SPDR, SDY
0.20% Technology SPDR, XLK
0.20% Growth MidCap S&P 400, RFG
0.19% Software, IGV
0.19% Healthcare Global, IXJ
0.19% Growth LargeCap Russell 3000, IWZ
0.19% Consumer Discretionary SPDR, XLY
0.18% IPOs, First Tr IPOX-100, FPX
0.17% LargeCap Blend S&P=Weight R, RSP
0.17% Value 1000 Russell, IWD
0.16% Basic Materials DJ US, IYM
0.15% Value LargeCap NYSE 100 iS, NY
0.15% Growth S&P 500/BARRA, IVW
0.14% Dividend High Yield Equity PS, PEY
0.13% OTC Dynamic PS, PWO
0.12% Semiconductor H, SMH
0.12% Value LargeCap iS M, JKF
0.11% Dividend Appreciation Vipers, VIG
0.11% Leisure & Entertainment, PEJ
0.10% China 25 iS, FXI
0.08% Belgium Index, EWK
0.08% Value Line Timeliness MidCap Gr, PIV
0.07% Brazil Index, EWZ
0.06% Health Care VIPERs, VHT
0.05% Value SmallCap S&P 600 B, IJS
0.05% Healthcare DJ, IYH
0.05% LargeCap Blend Core iS M, JKD
0.05% LargeCap Blend Russell 3000, IWV
0.05% Dividend DJ Select, DVY
0.04% LargeCap Rydex Rus Top 50, XLG
0.03% MidCap Blend Core iS M, JKG
0.02% Consumer Non-Cyclical, IYK
0.02% Value SmallCap S&P 600, RZV
0.00% Value LargeCap Euro STOXX 50 DJ, FEU
0.00% Utilities SPDR, XLU
0.00% Software, PSJ
0.00% India Earnings WTree, EPI
0.00% Growth S&P 500, RPG
0.00% Consumer Staples SPDR, XLP
-0.01% SmallCap PS Zacks, PZJ
-0.01% Bond, 1-3 Year Treasury, SHY
-0.02% Oil Services H, OIH
-0.03% Growth Small Cap DJ, DSG
-0.03% Capital Markets KWB ST, KCE
-0.03% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.03% Health Care SPDR, XLV
-0.05% Retail H, RTH
-0.06% Growth SmallCap VIPERs, VBK
-0.07% Dividend Leaders, FDL
-0.07% Silver Trust iS, SLV
-0.08% Bond, Aggregate, AGG
-0.08% Emerging 50 BLDRS, ADRE
-0.08% Lg Cap Growth PSD, PWB
-0.08% Networking, IGN
-0.10% SmallCap S&P 600, IJR
-0.11% Growth SmallCap R 2000, IWO
-0.12% Food & Beverage, PBJ
-0.12% Pharmaceuticals, PJP
-0.13% Microcap Russell, IWC
-0.13% Growth BARRA Small Cap 600, IJT
-0.14% Growth SmallCap Dynamic PS, PWT
-0.14% Value SmallCap Russell 2000, IWN
-0.15% SmallCap Russell 2000, IWM
-0.16% Consumer Staples VIPERs, VDC
-0.16% Emerging VIPERs, VWO
-0.19% Emerging Markets, EEM
-0.22% Insurance, PIC
-0.23% Utilities VIPERs, VPU
-0.23% Energy DJ, IYE
-0.24% Short 100% QQQ, PSQ
-0.24% Semiconductors, PSI
-0.25% Energy VIPERs, VDE
-0.25% Latin Am 40, ILF
-0.26% Dividend Achievers PS, PFM
-0.27% Utilities, PUI
-0.27% Bond, 10 Year Treasury, IEF
-0.28% Short 100% S&P 500, SH
-0.28% Telecom DJ US, IYZ
-0.28% South Korea Index, EWY
-0.30% Utilities DJ, IDU
-0.30% LargeCap Blend Dynamic PS, PWC
-0.31% Energy SPDR, XLE
-0.31% Short 100% Dow 30, DOG
-0.31% Telecommunications & Wireless, PTE
-0.32% Oil & Gas, PXJ
-0.33% Hong Kong Index, EWH
-0.33% Growth SmallCap iS M, JKK
-0.34% Utilities H, UTH
-0.36% Short 100% MidCap 400, MYY
-0.36% Bond, TIPS, TIP
-0.38% Homebuilders SPDR, XHB
-0.39% Bond, 20+ Years Treasury, TLT
-0.40% WilderHill Clean Energy PS, PBW
-0.42% Transportation Av DJ, IYT
-0.43% Water Resources, PHO
-0.43% Short 200% QQQ PS, QID
-0.44% Biotech SPDR, XBI
-0.44% China LargeCap Growth G D H USX PS, PGJ
-0.46% Value SmallCap Dynamic PS, PWY
-0.46% Bond, Corp, LQD
-0.51% Bond High-Yield Corporate, HYG
-0.53% Micro Cap Zachs, PZI
-0.54% Telecom H, TTH
-0.58% Telecom Services VIPERs, VOX
-0.60% Energy Exploration & Prod, PXE
-0.67% Short 200% S&P 500 PS, SDS
-0.69% Building & Construction, PKB
-0.76% Short 200% Dow 30 PS, DXD
-0.78% Short 200% MidCap 400 PS, MZZ
-0.83% Biotech H, BBH
-1.13% Preferred Stock iS, PFF
-1.34% Biotech & Genome, PBE
-1.44% Internet B2B H, BHH
-2.20% Financial Preferred, PGF