The market is moving lower this morning with volume well above average which is reflected in the Q’s and Diamonds, where volume is currently running around 75% greater than average. Both the Dow and S&P sit at lows for the year. If they close there today, be prepared for a much larger move down. The market is being led down once again today by transportation (which has sold off for the 3rd day in a row) and materials. Money also continues to flow out of emerging markets. After several days of heavy selling, energy stocks have rebounded today as crude flirts with $50/barrel.
| Ticker | Name | Description | Price | % Price Change | % Vol Change | RS | % From 50DMA | % From 200DMA |
| XLB | SPDR Materials | Materials | 28.5 | -1.83 | 594 | 69 | -6.16 | 0.92 |
| PPH | HLDRS Pharma | Pharmaceuticals | 74.94 | 0.46 | 392 | 56 | 4.88 | 3.9 |
| IYM | Ishares Basic Materials | Basic Materials | 48.05 | -2.04 | 277 | 68 | -6.81 | 0.33 |
| IYT | Ishares Transportation | Transportation | 62.397 | -2.18 | 276 | 71 | -6.04 | 0.24 |
| EWS | Ishares Singapore | Singapore | 7.33 | -1.21 | 267 | 71 | -0.95 | 5.01 |
| GLD | streetTRACKS Gold Trust | Gold | 42.32 | -1.35 | 247 | 63 | -1.26 | 0 |
| XLE | SPDR Energy | Energy | 41.64 | 0.77 | 215 | 89 | -1 | 14.74 |
| IGV | Ishares Software | Software | 37.41 | -0.9 | 156 | 46 | -4.59 | -0.32 |
| RKH | HLDRS Regional Banks | Regional Banks | 131 | -0.77 | 126 | 52 | -3.3 | -3.03 |
| EWY | Ishares South Korea | South Korea | 31.65 | -2.65 | 113 | 78 | -3.12 | 14.92 |
| IWM | Ishares Russell 2000 Index | Small Caps | 119.17 | -0.4 | 101 | 55 | -4.51 | 0.19 |
| DIA | DJI Diamonds Trust | Dow Jones Industrial | 103.46 | -0.5 | 76 | 53 | -2.99 | -0.41 |
| QQQQ | Nasdaq 100 Tracking | Nasdaq | 35.775 | -0.79 | 75 | 44 | -3.65 | -2.6 |
| IWN | Ishares Russell 2000 Value | Small Cap Value | 180.34 | -0.5 | 64 | 60 | -3.83 | 1.08 |
| EWZ | Ishares Brazil | Brazil | 22.22 | -3.27 | 53 | 85 | -5 | 12.73 |
| EWJ | Ishares Mcsi Japan | Japan | 10.35 | -0.77 | 52 | 45 | -3.27 | 0.88 |
| AGG | Ishares Lehman Agg Bond | Bonds | 101.67 | 0.06 | 50 | 51 | -0.2 | -0.45 |
| EEM | Ishares Emerging Markets | Emerging Markets | 201.9 | -1.39 | 45 | 75 | -3.67 | 9.34 |