Friday NAS -21.41 DOW -48.84 USD +0.397 CRB +1.96 S&P -6.48 Gold -8.65

E X T R E M E   M A R K E T   C O M M E N T A R Y
______________________________

_______________________________________

STOCK INDEXES & MARKETS http://quotes.ino.com/exchanges/?c=indexes+

The December NASDAQ 100 was lower overnight as it consolidates some of
Thursday’s rally. Stochastics and the RSI remain bearish signaling that
sideways to lower prices are possible near-term. If December extends this
week’s decline, the 38% retracement level of the June-September rally crossing
at 2707.79 is the next downside target. Closes above the 10-day moving average
crossing at 2829.35 would signal that a short-term low has likely been posted.
First resistance is the 10-day moving average crossing at 2829.35. Second
resistance is last Friday’s high crossing at 2871.75. First support is the 25%
retracement level of the June-September rally crossing at 2764.62. Second
support is the 38% retracement level of the June-September rally crossing at
2707.79.

The December S&P 500 index was lower overnight and remains poised to extend
this week’s decline. Stochastics and the RSI are bearish signaling that
sideways to lower prices are possible near-term. Closes below Wednesday’s low
crossing at 1424.50 would confirm that a short-term top has been posted and
would open the door for additional weakness near-term. If December renews the
rally off June’s low, weekly resistance crossing at 1472.56 is the next upside
target. First resistance is the reaction high crossing at 1467.50. Second
resistance is weekly resistance crossing at 1472.56. First support is
Wednesday’s low crossing at 1424.50. Second support is the 25% retracement
level of the June-September rally crossing at 1414.52.
_____________________________________________________________________

INTEREST RATES http://quotes.ino.com/exchanges/?c=interest

December T-bonds were higher overnight and it testing the July-September
downtrend line crossing near 150-04. Stochastics and the RSI are bullish
signaling that sideways to higher prices are possible. Multiple closes above
the July-September downtrend line crossing near 150-04 would confirm a trend
change while opening the door for a possible test of this month’s high crossing
at 151-29. First resistance is the July-September downtrend line crossing near
150-04. Second resistance is this month’s high crossing at 151-29. First
support is the 20-day moving average crossing at 148-10. Second support is the
10-day moving average crossing at 147-22.

ENERGY MARKETS http://quotes.ino.com/exchanges/category.html?c=energy

November crude oil was slightly higher due to short covering overnight as it
consolidates some of this month’s decline. Stochastics and the RSI are oversold
but remain neutral to bearish signaling that sideways to lower prices are
possible near-term. If November extends this month’s decline, the 62%
retracement level of the June-September rally crossing at 87.19 is the next
downside target. Closes above the 20-day moving average crossing at 94.87 are
needed to confirm that a short-term low has been posted. First resistance is
the 10-day moving average crossing at 92.71. Second resistance is the 20-day
moving average crossing at 94.87. First support is the 50% retracement level of
the June-September rally crossing at 89.79. Second support is the 62%
retracement level of the June-September rally crossing at 87.19.

November heating oil was higher overnight as it extends the rebound off last
week’s low. Stochastics and the RSI are bullish signaling that sideways to
higher prices are possible near-term. If November extends the rebound off last
week’s low, the reaction high crossing at 321.47 is the next upside target. If
November renews the decline off this month’s high, the 38% retracement level of
the June-September rally crossing at 298.64 is the next downside target. First
resistance is the reaction high crossing at 321.47. Second resistance is this
month’s high crossing at 326.33. First support is last Thursday’s low crossing
at 302.50. Second support is the 38% retracement level of the June-September
rally crossing at 298.64.

November unleaded gas was higher overnight and poised to extend the rally
off June’s low. Stochastics and the RSI are bullish signaling that sideways to
higher prices are possible near-term. If November extends this week’s rally,
March’s high crossing at 298.84 is the next upside target. Closes below the
10-day moving average crossing at 282.92 would temper the near-term friendly
outlook. First resistance is Thursday’s high crossing at 296.54. Second
resistance is March’s high crossing at 298.84. First support is the 10-day
moving average crossing at 282.91. Second support is last Wednesday’s low
crossing at 270.29.

November Henry natural gas was higher overnight as it extends this month’s
rally. Stochastics and the RSI are bullish signaling that sideways to higher
prices are possible near-term. If November extends this month’s rally, July’s
high crossing at 3.407 is the next upside target. Closes below the 20-day
moving average crossing at 3.051 would confirm that a short-term top has been
posted. First resistance is the overnight high crossing at 3.317. Second
resistance is July’s high crossing at 3.407. First support is the 10-day moving
average crossing at 3.090. Second support is the 20-day moving average crossing
at 3.051.

CURRENCIES http://quotes.ino.com/exchanges/category.html?c=currencies

The December Dollar was lower overnight as it consolidates some of the rally
off this month’s low. Stochastics and the RSI are bullish hinting that a low
might be in or is near. Closes above the 20-day moving average crossing at
80.00 are needed to confirm that a short-term low has been posted. If December
renews the decline off July’s high, weekly support crossing at 78.55 is the
next downside target. First resistance is the 20-day moving average crossing at
80.00. Second resistance is Wednesday’s high crossing at 80.08. First support
is this month’s low crossing at 78.72. Second support is weekly support
crossing at 78.55.

The December Euro was slightly higher due to short covering overnight as it
consolidates some of the decline off this month’s high. Stochastics and the RSI
are bearish signaling that additional weakness is possible near-term. Closes
below the 20-day moving average crossing at 128.89 would confirm that a
short-term top has been posted. If December renews the rally off July’s low,
the 50% retracement level of this year’s decline crossing at 132.52 is the next
upside target. First resistance is the 50% retracement level of this year’s
decline crossing at 132.52. Second resistance is the 62% retracement level of
this year’s decline crossing at 135.32. First support is the 20-day moving
average crossing at 128.89. Second support is the reaction low crossing at
127.68.

The December British Pound was lower overnight as it extends the trading
range of the past two-week’s. Stochastics and the RSI are turning bearish
hinting that a short-term top might be in or is near. Closes below the 20-day
moving average crossing at 1.6112 would confirm that a short-term top has been
posted. If December renews the rally off June’s low, the 87% retracement level
of the 2011-2012-decline crossing at 1.6330 is the next upside target. First
resistance is last Friday’s high crossing at 1.6304. Second resistance is the
87% retracement level of the 2011-2012-decline crossing at 1.6330. First
support is Wednesday’s low crossing at 1.6133. Second support is the 20-day
moving average crossing at 1.6112.

The December Swiss Franc was higher overnight as it consolidates some of the
decline off this month’s high. Stochastics and the RSI are bearish signaling
that sideways to lower prices are possible near-term. Closes below the 20-day
moving average crossing at .10664 would confirm that a short-term top has been
posted. If December renews the rally off July’s low, the 75% retracement level
of this year’s decline crossing at .10962 is the next upside target. First
resistance is the 62% retracement level of this year’s decline crossing at
.10816. Second resistance is the 75% retracement level of this year’s decline
crossing at .10962. First support is the 20-day moving average crossing at
.10664. Second support is the reaction low crossing at .10430.

The December Canadian Dollar was lower overnight as it consolidates below
the 20-day moving average crossing at 101.97. Stochastics and the RSI remain
bearish signaling that sideways to lower prices are possible near-term. If
December extends this week’s decline, the reaction low crossing at 100.26 is
the next downside target. Closes above the 10-day moving average crossing at
102.02 would temper the near-term bearish outlook. First resistance is this
month’s high crossing at 103.59. Second resistance is the July 2011 high
crossing at 104.53. First support is Wednesday’s low crossing at 101.23. Second
support is the reaction low crossing at 100.26.

The December Japanese Yen was slightly lower overnight as it consolidates
some of the rally off last Wednesday’s low. Stochastics and the RSI remain
bullish signaling that sideways to higher prices are possible near-term. If
December extends the rally off last Wednesday’s low, this month’s high crossing
at .12977 is the next upside target. From a broad perspective, September needs
to close above .12977 or below .12412 to confirm a breakout of this summer’s
trading range and point the direction of the next trending move. First
resistance is the overnight high crossing at .12838. Second resistance is this
month’s high crossing at .12977. First support is last Wednesday’s low crossing
at .12631. Second support is August’s low crossing at .12565.

PRECIOUS METALS http://quotes.ino.com/exchanges/?c=metals

October gold was slightly lower overnight as it consolidates some of
Thursday’s rally. Stochastics and the RSI are turning neutral to bearish
hinting that a short-term top might be in or is near. Closes below Wednesday’s
low crossing at 1735.80 would confirm that a short-term top has been posted. If
October extends the rally off May’s low, February’s high crossing at 1799.50 is
the next upside target. First resistance is last Friday’s high crossing at
1786.80. Second resistance is February’s high crossing at 1799.50. First
support is Wednesday’s low crossing at 1735.80. Second support is the reaction
low crossing at 1691.20.

December silver was higher overnight as it extends the trading range of the
past two weeks. Stochastics and the RSI are neutral to bearish signaling that
sideways to lower prices are possible near-term. Closes below Wednesday’s low
crossing at 33.360 would confirm that a short-term top has been posted and
could open the door for additional weakness into early-October. If December
renews this summer’s rally, the 87% retracement level of this year’s decline
crossing at 36.221 is the next upside target. First resistance is last Friday’s
high crossing at 35.260. Second resistance is the 87% retracement level of this
year’s decline crossing at 36.221. First support is Wednesday’s low crossing at
33.360. Second support is the reaction low crossing at 32.510.

December copper was higher due to short covering overnight. Stochastics and
the RSI are bearish hinting that a short-term top might be in or is near.
Closes below the 20-day moving average crossing at 369.35 would confirm that a
short-term top has been posted. If December renews the rally off August’s low,
the 87% retracement level of this year’s decline crossing at 392.60 is the next
upside target. First resistance is the 75% retracement level of this year’s
decline crossing at 383.10. Second resistance is the 87% retracement level of
this year’s decline crossing at 392.60. First support is the 20-day moving
average crossing at 369.35. Second support is Wednesday’s low crossing at
368.05.

FOOD & FIBER http://quotes.ino.com/exchanges/category.html?c=food

SOFTS: March sugar closed up 2 points at 20.40 cents
today. Prices closed near mid-range today. Sugar bears have
the overall near-term technical advantage.

December coffee closed up 495 points at 174.40 cents.
Prices closed near the session high today and saw short
covering and bargain hunting. The key “outside markets”
were in a bullish posture for coffee today as the U.S.
dollar index was lower and crude oil prices were higher.
Coffee bulls and bears are now back on a level near-term
technical playing field.

December cocoa closed up $14 at $2,483 a ton. Prices closed
near mid-range today on short covering. The key “outside
markets” were in a bullish posture for cocoa today as the
U.S. dollar index was lower and crude oil prices were
higher. Cocoa bulls have the overall near-term technical
advantage. However, prices have been trending lower for
three weeks.

December cotton closed up 17 points at 71.19 cents today.
Prices closed nearer the session high again today and saw
tepid short covering. The key “outside markets” were in a
bullish posture for cotton today as the U.S. dollar index
was lower and crude oil prices were higher. Cotton bears
have the near-term technical advantage.

November orange juice closed up 165 points at $1.1465
today. Prices closed near mid-range today and saw some
short covering and bargain hunting. Bears still have the
near-term technical advantage.

November lumber futures closed up $1.30 at $271.20 today.
Prices closed nearer the session high today on short
covering. Prices hit a fresh nearly three-month low early
on. Bears still have the solid overall near-term technical
advantage.

GRAINS http://quotes.ino.com/exchanges/category.html?c=grains

December corn was lower overnight as it extends the decline off August’s
high. Continued fund liquidation ahead of the end of month/end of quarter later
this morning along with a lack of fresh supportive news continues to weigh on
the corn market. Stochastics and the RSI are oversold but remain neutral to
bearish signaling that additional weakness is possible near-term. If December
extends the decline off August’s high, the 50% retracement level of this
summer’s rally crossing at 6.73 3/4 is the next downside target. Closes above
the 20-day moving average crossing at 7.62 3/4 are needed to confirm that a
short-term low has been posted. First resistance is the 10-day moving average
crossing at 7.37 1/2. Second resistance is the 20-day moving average crossing
at 7.62 3/4 1/2. First support is the overnight low crossing at 7.05. Second
support is the 50% retracement level of this summer’s rally crossing at 6.73
3/4.

December wheat was lower overnight as it extended Thursday’s breakout below
August’s low crossing at 8.57 1/4. The low-range close sets the stage for a
steady to lower opening when the day session begins trading. Thursday’s
breakout below August’s low crossing at 8.57 1/4 marked a trading range
breakout and opens the door for a test of the 38% retracement level of this
summer’s rally crossing at 8.29 1/2 later this fall. First resistance is the
20-day moving average crossing at 8.84 1/4. Second resistance is the reaction
high crossing at 9.26 1/4. First support is Thursday’s low crossing at 8.49
1/4. Second support is the 38% retracement level of this summer’s rally
crossing at 8.29 1/2.

December Kansas City Wheat closed down 16 1/4-cents at 8.78 1/4.

December Kansas City wheat closed lower on Thursday. The low-range close
sets the stage for a steady to lower opening on Friday. Stochastics and the RSI
are bearish signaling that sideways to lower prices are possible near-term. If
December extends this week’s decline, August’s low crossing at 8.74 1/2 is the
next downside target. Closes above the 10-day moving average crossing at 9.08
would temper the near-term bearish outlook. First resistance is the 10-day
moving average crossing at 9.08. Second resistance is the reaction high
crossing at 9.49 1/4. First support is August’s low crossing at 8.74 1/2.
Second support is the reaction low crossing at 8.31.

December Minneapolis wheat was lower overnight and challenging the lower
boundary of this summer’s trading range crossing at 9.12. The low-range close
sets the stage for a steady to lower opening when the day session begins
trading. Stochastics and the RSI are bearish signaling that sideways to lower
prices are possible near-term. December needs to close above 9.84 1/2 or below
9.12 to confirm a breakout of the August-September trading range and point the
direction of the next trending move. First resistance is August’s high crossing
at 9.84 1/2. Second resistance is July’s high crossing at 10.34. First support
is the reaction low crossing at 9.25. Second support is August’s low crossing
at 9.12.

SOYBEAN COMPLEX

November soybeans were steady overnight as it consolidates some of this
month’s decline. This morning’s quarterly grain stocks report holds the keys to
near-term direction in the market. Stochastics and the RSI are oversold but
remain neutral to bearish signaling that sideways to lower prices are possible
near-term. If November extends this month’s decline, July’s low crossing at
15.36 is the next downside target. Closes above the 20-day moving average
crossing at 16.78 1/4 would confirm that a short-term low has been posted.
First resistance is the 10-day moving average crossing at 16.15 1/2. Second
resistance is the 20-day moving average crossing at 16.78 1/4. First support is
Thursday’s low crossing at 15.57 1/2. Second support is July’s low crossing at
15.36.

December soybean meal was higher due to light short covering overnight as it
consolidates some of this month’s decline. Stochastics and the RSI are oversold
but remain neutral to bearish signaling that sideways to lower prices are
possible near-term. If December extends this month’s decline, the 38%
retracement level of this summer’s rally crossing at 469.00 is the next
downside target. Closes above the 20-day moving average crossing at 506.70
would confirm that a short-term low has been posted. First resistance is the
10-day moving average crossing at 486.50. Second resistance is the 20-day
moving average crossing at 506.70. First support is Thursday’s low crossing at
470.90. Second support is the 38% retracement level of this summer’s rally
crossing at 469.00.

December soybean oil was lower overnight as it extends this month’s decline.
Stochastics and the RSI are oversold but remain bearish signaling that
additional weakness is possible near-term. If December extends the decline off
this month’s high, the 75% retracement level of the June-September rally
crossing at 51.13 is the next downside target. Closes above the 20-day moving
average crossing at 55.59 would confirm that a short-term low has been posted.
First resistance is the 10-day moving average crossing at 54.13. Second
resistance is the 20-day moving average crossing at 55.59. First support is the
overnight low crossing at 51.69. Second support is the 75% retracement level of
the June-September rally crossing at 51.13.

LIVESTOCK http://quotes.ino.com/exchanges/?c=livestock

LIVESTOCK: December live cattle closed up $0.42 at
$125.17 today. Prices closed near the session high and saw
short covering after hitting another fresh nine-week low
early on today. The key “outside markets” were in a bullish
posture for cattle today as the U.S. dollar index was lower
and crude oil prices were sharply higher. Serious near-term
chart damage has been inflicted in cattle futures this
week. Cattle bears have the overall near-term technical
advantage.

November feeder cattle closed up $0.12 at $147.32 today.
Tepid short covering was featured today. Near-term
technical damage has been inflicted this week. A gentle
two-month-old uptrend on the daily bar chart has been
negated. Bulls and bears are on a level near-term technical
playing field.

December lean hogs closed down $0.77 at $73.60 today.
Prices closed near the session low today and scored a
bearish “outside day” down on the daily bar chart. The hog
market this week is pressured by sharp losses in the live
cattle futures market this week. Hog market bears have the
overall near-term technical advantage. However, recent
upside price action does hint that a market bottom is in
place.

______________________________

______________________________________________

E X T R E M E   F U T U R E S
____________________________________________________________________________

Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/futures/

WINNERS

BCX.V13 SOYBEANS CRUSH INDEX Oct 2013               80.25      5.25  +7.00
C.N13   CORN Jul 2013                              751.00     40.00  +5.63
KW.Z12  HARD RED WINTER WHEAT Dec 2012             927.50     49.25  +5.61
YC.Z12  CORN (MINI) Dec 2012                       756.25     40.00  +5.59
YW.Z12  WHEAT (MINI) Dec 2012                       902.5      47.0  +5.50
W.Z12   WHEAT Dec 2012                              902.5      47.0  +5.50
SM.V12  SOYBEAN MEAL Oct 2012                       487.0      13.9  +2.94
LB.H13  LUMBER (RANDOM LENGTH) Mar 2013             299.9       8.4  +2.89
YK.K13  SOYBEAN (MINI) May 2013                    1521.5      42.5  +2.87
S.H13   SOYBEANS Mar 2013                         1564.25     40.25  +2.63

LOSERS

CSI.X12 SOYBEAN-CORN PRICE RATIO Nov 2012           2.117    -0.076  -3.47
BCX.H13 SOYBEANS CRUSH INDEX Mar 2013               53.75     -1.75  -3.15
FC.X12  FEEDER CATTLE Nov 2012                    144.350    -2.975  -2.02
VB      RUSSELL 2000 VALUE INDEX                  1102.57    -10.06  -0.90
ND.Z12  NASDAQ 100 INDEX Dec 2012                  2792.0     -22.5  -0.80
NM.Y$$  NONFAT DRY MILK-GRADE A Cash                16.60     -0.10  -0.60
GH      RUSSELL 2000 GROWTH INDEX                  482.26     -2.53  -0.52
SP.Z14  S&P 500 INDEX Dec 2014                     1381.4      -6.9  -0.50
RG      RUSSELL 1000 GROWTH INDEX MINI             670.29     -3.30  -0.49
DJ.Z12  DJ INDUSTRIAL AVG Dec 2012                  13355       -59  -0.44

———————————————————————

Free Video Seminar – “Spotting breakouts that lead to trend reversals”

http://broadcast.ino.com/redirect/?linkid=1952

———————————————————————
____________________________________________________________________________

E X T R E M E   S T O C K S
____________________________________________________________________________

Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/stocks/

WINNERS

NWBOD   NORTHWEST BIOTHERAPEUTICS                   10.49      4.93  +88.67
KH      CHINA KANGHUI                               30.34      5.23  +20.83
MDRX    ALLSCRIPTS-MISYS                            12.44      1.56  +14.34
SCR     SIMCERE PHARMACEUTICALS                    8.8499    0.8199  +10.21
HYGS    HYDROGENICS                                5.2899    0.4799  +9.98
AZZ     AZZ                                       38.0500    3.2900  +9.46
ATAI    ATA                                          5.45      0.44  +8.78
PRCP    PERCEPTRON                                   6.20      0.50  +8.77
NYMX    NYMOX PHARMACEUTICALS                      6.8941    0.5341  +8.40
BDL     FLANIGANS ENTERPRISES                        7.85      0.60  +8.28

LOSERS

ADTN    ADTRAN                                     17.280    -1.875  -9.79
ALCS    ALCO STORES                                  6.98     -0.70  -9.11
ROMA    ROMA FINANCIAL                               8.95     -0.83  -8.49
TEU     BOX SHIPS                                    5.94     -0.53  -8.19
CNDO    CORONADO BIOSCIENCES                         5.17     -0.37  -6.68
IRDM    IRIDIUM COMMUNICATIONS                       7.35     -0.51  -6.49
OSG     OVERSEAS SHIPHOLDING                         6.61     -0.44  -6.24
FNSR    FINISAR                                     14.31     -0.88  -5.79
SBGSY   SCHNEIDER ELECTRIC ADR 0.1 ORD              11.73     -0.72  -5.78
EDG     EDGEN GROUP INC                              7.76     -0.44  -5.37
_____________________________________________________________________

T H A N K   Y O U
_____________________________________________________________________

Annunci

What This Womanizer Can Teach You About Investing

by Alexander Green, Investment U Chief Investment Strategist
Friday, September 28, 2012
Alexander Green

The “Father of Security Analysis” wasn’t much of a husband or father. He divorced his first wife in 1937, when divorce was still socially unacceptable, leaving his four children stigmatized.

The next year, he married a young actress. But his interest soon waned and he soon dumped her to marry his secretary. In between, he had so many lovers and affairs that in a new biography The Einstein of Money, the author calls him a “swinger.” When he died in Provence at 87, it was in the arms of his long-time French mistress, whom he’d courted away from his son!

Needless to say, Benjamin Graham was not a family values guy. But he understood a lot about stock values. In fact, he pioneered the field of security analysis and made a fortune for himself in the stock market. Understanding even a little bit about his methods can make you a much better investor.

Graham arrived on Wall Street in 1914, a 20-year-old classicist fresh out of Columbia University. He began to make a name for himself by finding bargain stocks selling for far less than their intrinsic value. He soon put his money to work buying cheap stocks with a high margin of safety. In 1948, for instance, Graham invested a quarter of his firm’s capital in GEICO. It climbed 1,635% over the next eight years.

In 100 Minds That Made the Market, Ken Fisher writes that Graham “hated technical tools like charts and graphs and equally distrusted growth investors’ blind faith in a company’s management, upcoming products and present reputation – those just couldn’t be measured in cold, hard numbers. Instead, Graham relied on earnings and dividends and felt book value – the physical assets of a company – was the basis for making sound investment decisions.”

Graham insisted you should buy a single share of a stock the same way you would buy an entire company. Understand the business. Analyze the balance sheet. Do the math. Forget about the state of the economy or the hot trend of the moment. The only thing that really matters is the health and assets of the business you’re buying, not who’s in the White House or what’s happening at the Fed.

Graham laid out his core principles in Security Analysis, now widely recognized as the bible of value investing and a textbook still used in many college investment courses more than 70 years after it was published. He later distilled this work into The Intelligent Investor, a book for the lay investor that still ranks in Amazon’s top 300 – 62 years after it was first published. In fact, both books sell more copies each year now than when they were originally published, the true sign of an investment classic and a claim few books can make in any genre.

Today Graham is perhaps best known for his famous protégé, Warren Buffett. Buffett took Graham’s principles and used them to become the twentieth century’s best-known investor and one of the world’s wealthiest men.

Buffett still credits Graham for much of his success. “No one ever became poor by reading Graham,” says Buffett.

I can’t imagine a serious stock market investor who wouldn’t profit from studying Graham’s disciplined, common-sense approach. He is rightly viewed as the father of fundamental security analysis. And – given his social life – perhaps the father of much else, as well.

Good Investing,

Alex

Weekly Dividend Channel Newsletter

Dividend Channel
Weekly Dividend Newsletter
Weekly DividendRank Toplists
Each week at Dividend Channel, we screen through our coverage universe of dividend paying stocks, and we look at a variety of data — dividend yield, book value, quarterly earnings — and compare it to the stock’s trading data to come up with certain calculations about profitability and about the stock’s valuation (whether we think it looks ”cheap” or ”expensive”).History has shown that the bulk of the stock market’s returns are delivered by dividends, and so we pay special attention to dividend history. And of course, only consistently profitable companies can afford to keep paying dividends, so profitability is of critical importance. Dividend investors should be most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation — maybe there is a company-specific reason causing the stock to be ”cheap” or maybe the entire sector is taking a hit, but whatever the reason, we think there is great value in ranking our coverage universe weekly using our proprietary DividendRank formula, and sharing those lists with our subscribers, neatly divided into 17 sectors/categories.

These are the stocks our DividendRank system has identified as the top most ”interesting” … this is meant purely as a research tool to generate ideas that merit further research.


Business Services & Equipment

DividendRank Symbol Dividend Recent Yield* 
#1 INTX Q 0.80 7.55% 
#2 CODI Q 1.44 9.73% 
#3 VSEC Q 0.32 1.30% 
#4 GKSR Q 0.78 2.45% 
#5 WU Q 0.40 2.18% 
#6 IRM Q 1.08 3.22% 
#7 KELYA Q 0.20 1.56% 
#8 KELYB Q 0.20 1.49% 
#9 PAYX Q 1.28 3.86% 
#10 MGRC Q 0.94 3.56% 
#11 HCSG Q 0.66 2.90% 
#12 TSS Q 0.40 1.68% 
#13 BBSI Q 0.44 1.59% 
#14 EEI S 0.48 3.92% 
#15 FIS Q 0.80 2.53% 

Construction

DividendRank Symbol Dividend Recent Yield* 
#1 TAL Q 2.40 6.96% 
#2 AYR Q 0.60 5.25% 
#3 ELRC Q 0.80 4.45% 
#4 DE Q 1.84 2.25% 
#5 CAT Q 2.08 2.40% 
#6 MLR Q 0.52 3.21% 
#7 SHS Q 1.40 3.45% 
#8 TRN Q 0.44 1.44% 
#9 NC Q 2.19 1.85% 
#10 TWI Q 0.02 0.12% 
#11 FLR Q 0.64 1.14% 
#12 BZT Q 1.85 6.10% 
#13 URS Q 0.80 2.26% 
#14 DHI Q 0.15 0.72% 
#15 RAIL Q 0.24 1.30% 

Consumer Goods

DividendRank Symbol Dividend Recent Yield* 
#1 RIMG Q 0.68 10.05% 
#2 RNDY Q 0.92 14.59% 
#3 ACU Q 0.28 2.45% 
#4 TRK Q 0.60 3.90% 
#5 SWY Q 0.70 4.34% 
#6 DEER Q 0.20 8.85% 
#7 KOSS Q 0.24 5.03% 
#8 EDUC Q 0.48 12.34% 
#9 CALM Q 2.08 4.67% 
#10 FUN Q 1.60 4.83% 
#11 BGS Q 1.08 3.48% 
#12 TIS Q 0.80 4.35% 
#13 RAI Q 2.36 5.42% 
#14 DEST Q 0.70 3.74% 
#15 ANDE Q 0.60 1.59% 



Consumer Services

DividendRank Symbol Dividend Recent Yield* 
#1 STON Q 2.34 10.09% 
#2 HRB Q 0.80 4.62% 
#3 CLCT Q 1.30 9.13% 
#4 STRA Q 4.00 6.08% 
#5 HI Q 0.77 4.19% 
#6 NAUH Q 0.16 3.21% 
#7 LINC Q 0.28 6.53% 
#8 BID Q 0.32 1.02% 
#9 SCI Q 0.24 1.77% 
#10 STEI Q 0.16 1.90% 
#11 CSV Q 0.10 1.05% 
#12 MNRO Q 0.40 1.13% 
#13 UTI Q 0.40 2.93% 
#14 DV S 0.30 1.32% 
#15 TUC Q 0.24 1.80% 

Energy

DividendRank Symbol Dividend Recent Yield* 
#1 BBEP Q 1.84 9.47% 
#2 PWE Q 1.08 7.43% 
#3 ECT Q 2.41 12.41% 
#4 DCIX Q 1.20 21.59% 
#5 EROC Q 0.88 9.16% 
#6 VNR M 2.40 8.29% 
#7 XTEX Q 1.32 8.55% 
#8 CHK Q 0.35 1.84% 
#9 NDRO M 1.70 9.41% 
#10 ETP Q 3.58 8.40% 
#11 HFC Q 0.60 1.45% 
#12 APL Q 2.24 6.69% 
#13 KYN Q 2.15 6.88% 
#14 QRE Q 1.95 10.03% 
#15 SDT Q 2.91 11.82% 

Financial

DividendRank Symbol Dividend Recent Yield* 
#1 FULL M 0.92 11.46% 
#2 AGO Q 0.36 2.57% 
#3 AI Q 3.50 14.55% 
#4 PSEC M 1.22 10.56% 
#5 UVE S 0.16 4.28% 
#6 PNNT Q 1.12 10.48% 
#7 OXLC Q 2.20 14.13% 
#8 KFN Q 0.84 8.36% 
#9 TCRD Q 1.28 9.16% 
#10 KCAP Q 0.96 10.28% 
#11 TICC Q 1.16 11.12% 
#12 NGPC Q 0.64 8.41% 
#13 MCC Q 1.44 10.34% 
#14 FSC M 1.15 10.54% 
#15 GAIN M 0.60 7.52% 



Healthcare

DividendRank Symbol Dividend Recent Yield* 
#1 ALC Q 0.40 5.24% 
#2 BDMS Q 0.88 5.25% 
#3 WLP Q 1.15 1.99% 
#4 PMD Q 0.60 5.00% 
#5 ABT Q 2.04 2.95% 
#6 BMY Q 1.36 4.02% 
#7 STJ Q 0.92 2.17% 
#8 BAX Q 1.80 2.99% 
#9 OMI Q 0.88 2.93% 
#10 MDT Q 1.04 2.40% 
#11 HUM Q 1.04 1.48% 
#12 PFE Q 0.88 3.53% 
#13 TEVA Q 1.00 2.43% 
#14 MRK Q 1.68 3.72% 
#15 CAH Q 0.95 2.40% 

Industrial

DividendRank Symbol Dividend Recent Yield* 
#1 BOX Q 1.16 6.36% 
#2 APD Q 2.56 3.10% 
#3 LMT Q 4.60 4.98% 
#4 TKR Q 0.92 2.46% 
#5 ETN Q 1.52 3.23% 
#6 GD Q 2.04 3.07% 
#7 ITW Q 1.52 2.57% 
#8 LYB Q 1.60 3.08% 
#9 KRO Q 0.60 3.97% 
#10 CVR Q 0.60 3.21% 
#11 LLL Q 2.00 2.76% 
#12 SCX Q 0.40 3.26% 
#13 RTN Q 2.00 3.48% 
#14 HRS Q 1.48 2.89% 
#15 ATK Q 0.80 1.60% 

Manufacturing

DividendRank Symbol Dividend Recent Yield* 
#1 BSET Q 0.20 1.64% 
#2 JCS Q 0.64 5.71% 
#3 SUP Q 0.64 3.71% 
#4 NOK A 0.26 9.74% 
#5 MGA Q 1.10 2.51% 
#6 LEG Q 1.16 4.69% 
#7 TCCO Q 0.40 6.96% 
#8 ALV Q 2.00 3.22% 
#9 CRWS Q 0.32 5.12% 
#10 FLXS Q 0.60 2.80% 
#11 NOKBF A 0.26 10.24% 
#12 GNTX Q 0.52 3.02% 
#13 CASC Q 1.40 2.56% 
#14 LEA Q 0.56 1.49% 
#15 CMI Q 2.00 2.16% 



Materials

DividendRank Symbol Dividend Recent Yield* 
#1 DSWL Q 0.20 7.17% 
#2 TNH Q 16.84 7.78% 
#3 DOW Q 1.28 4.40% 
#4 UFS Q 1.80 2.29% 
#5 SON Q 1.20 3.89% 
#6 POPE Q 1.80 3.41% 
#7 PKG Q 1.00 2.78% 
#8 SMG Q 1.30 2.99% 
#9 UAN Q 2.40 9.15% 
#10 EMN Q 1.04 1.85% 
#11 KOP Q 0.96 2.69% 
#12 MON Q 1.50 1.65% 
#13 GEF.B Q 2.52 5.13% 
#14 ONP Q 0.05 2.52% 
#15 CSL Q 0.80 1.55% 

Media

DividendRank Symbol Dividend Recent Yield* 
#1 QUAD Q 1.00 5.82% 
#2 AHC Q 0.24 4.92% 
#3 SCHL Q 0.50 1.56% 
#4 TRI Q 1.28 4.37% 
#5 GCI Q 0.80 4.43% 
#6 AM Q 0.60 3.53% 
#7 MDP Q 1.53 4.31% 
#8 BLC Q 0.32 4.05% 
#9 SJR M 0.97 4.69% 
#10 RRST S 0.20 3.60% 
#11 VALU Q 0.60 6.08% 
#12 HHS Q 0.34 4.88% 
#13 OMC Q 1.20 2.30% 
#14 RRD Q 1.04 9.73% 
#15 WPO Q 9.80 2.74% 

Metals & Mining

DividendRank Symbol Dividend Recent Yield* 
#1 CLF Q 2.50 6.28% 
#2 RNO Q 1.78 11.48% 
#3 FRD Q 0.52 5.14% 
#4 ARLP Q 4.25 7.04% 
#5 PVR Q 2.12 8.39% 
#6 AHGP Q 2.79 5.82% 
#7 STLD Q 0.40 3.53% 
#8 WOR Q 0.52 2.36% 
#9 OXF Q 1.75 19.45% 
#10 FCX Q 1.25 3.12% 
#11 GORO M 0.72 3.28% 
#12 SCHN Q 0.75 2.67% 
#13 NSU S 0.10 2.12% 
#14 BVN Q 1.60 4.10% 
#15 AU Q 0.50 1.43% 



Real Estate

DividendRank Symbol Dividend Recent Yield* 
#1 CXS Q 1.28 11.78% 
#2 CMO Q 1.44 10.58% 
#3 NYMT Q 1.08 15.32% 
#4 NLY Q 2.00 11.87% 
#5 DX Q 1.16 10.82% 
#6 ARI Q 1.60 9.24% 
#7 EFC Q 2.80 12.28% 
#8 RSO Q 0.80 13.54% 
#9 MFA Q 0.92 10.82% 
#10 NRF Q 0.64 10.20% 
#11 CLNY Q 1.40 7.20% 
#12 PCC Q 0.64 8.39% 
#13 MITT Q 3.08 12.75% 
#14 PMT Q 2.20 9.47% 
#15 STWD Q 1.76 7.50% 

Technology

DividendRank Symbol Dividend Recent Yield* 
#1 GA A 0.30 6.00% 
#2 STM Q 0.40 7.12% 
#3 RFIL Q 0.20 4.71% 
#4 MOLXA Q 0.88 4.05% 
#5 XRTX Q 0.30 3.25% 
#6 INTC Q 0.90 3.90% 
#7 MOLX Q 0.88 3.34% 
#8 TSM A 0.40 2.56% 
#9 KLAC Q 1.60 3.35% 
#10 CA Q 1.00 3.86% 
#11 XRX Q 0.17 2.31% 
#12 STX Q 1.28 4.01% 
#13 UNTD Q 0.40 7.08% 
#14 TESS Q 0.72 3.31% 
#15 GLW Q 0.30 2.26% 

Transportation

DividendRank Symbol Dividend Recent Yield* 
#1 TEU Q 1.04 16.08% 
#2 SSW Q 1.00 6.29% 
#3 NMM Q 1.77 11.85% 
#4 SB Q 0.60 10.39% 
#5 TGH Q 1.68 5.42% 
#6 VLCCF Q 0.70 10.53% 
#7 FLY Q 0.88 6.53% 
#8 NM Q 0.24 6.58% 
#9 NSC Q 2.00 3.12% 
#10 MIC Q 2.50 5.97% 
#11 CSX Q 0.56 2.66% 
#12 R Q 1.24 3.18% 
#13 CMRE Q 1.08 7.04% 
#14 CPA A 2.10 2.58% 
#15 UPS Q 2.28 3.17% 

Travel & Entertainment

DividendRank Symbol Dividend Recent Yield* 
#1 AERL S 0.24 8.11% 
#2 FRS Q 0.64 3.22% 
#3 EPAX Q 0.24 4.42% 
#4 DRI Q 2.00 3.58% 
#5 MCD Q 3.08 3.31% 
#6 DDE Q 0.12 4.88% 
#7 ARKR Q 1.00 5.98% 
#8 CBRL Q 2.00 2.97% 
#9 EAT Q 0.80 2.27% 
#10 VIA Q 1.10 2.01% 
#11 BOBE Q 1.10 2.80% 
#12 TXRH Q 0.36 2.08% 
#13 WYN Q 0.92 1.74% 
#14 BAGL Q 0.50 2.82% 
#15 RCL Q 0.48 1.59% 

Utilities

DividendRank Symbol Dividend Recent Yield* 
#1 AT M 1.15 7.65% 
#2 WIN Q 1.00 9.72% 
#3 NTLS Q 1.68 9.64% 
#4 AEE Q 1.60 4.91% 
#5 APU Q 3.20 7.26% 
#6 WWVY Q 1.08 8.13% 
#7 BIP Q 1.50 4.25% 
#8 BCE Q 2.27 5.13% 
#9 T Q 1.76 4.60% 
#10 CWCO Q 0.30 3.57% 
#11 POM Q 1.08 5.73% 
#12 CMS Q 0.96 4.11% 
#13 SPH Q 3.41 8.32% 
#14 NVE Q 0.68 3.80% 
#15 TE Q 0.88 4.98% 


*(updated 8 hours, 56 minutes ago) Yield calculations vary and may not be reliable nor comparable. Not all publicly traded securities are ranked; data may be incorrect or out of date. Rankings are for informational purposes only and do not constitute investment advice. Full disclaimer

Weekly ETF Channel Newsletter

ETF Channel
Weekly ETF Newsletter
The ETF Week in Review

The KBW International Financial Portfolio ETF (KBWX) outperformed other ETFs this week, up about 3.3%. Components of that ETF showing particular strength this week include shares of Banco de Chile (BCH), up about 3.5% on the week.And underperforming other ETFs this week is the Auto ETF (VROM), down about 7.6% this week. Among components of that ETF with the weakest showing for the week were shares of General Motors (GM), lower by about 7.8%, and shares of Borgwarner (BWA), lower by about 5.4% on the week.

Other ETF standouts this week include the India Small Cap ETF (SCIN), outperforming this week with a 3.1% gain. And the Uranium ETF (URA) was an underperformer, falling about 5.7% this week.

 

This Week’s Top 20 ETFs
Ranked By Weighted Average Broker Rating of Underlying ComponentsEach week, ETF Channel forms this rank by first looking at the analyst opinions from the major brokerage houses (which are tallied and averaged) for each individual component of each ETF. Then, for each ETF, those average broker ratings are considered as a weighted average according to the weighting of each of the ETF’s components — this gives the average broker rating for the entire ETF based upon its holdings. The ETF coverage universe is then ranked to give us the weekly top five ETFs by weighted average broker rating of underlying components. These rankings are meant as a tool for investors to generate ideas for further research.

Rank ETF Stars (out of 4)
#1 TQQQ – Proshares UltraPro QQQ 3.32 
#2 QLD – Proshares Ultra QQQ 3.32 
#3 OIH – Oil Services 3.31 
#4 PXN – Lux Nanotech 3.31 
#5 ROM – Proshares Ultra Technology 3.30 
#6 PXLG – amental Pure Large Growth 3.28 
#7 BBH – Biotech 3.28 
#8 MGK – Vanguard Mega Cap 300 Growth 3.28 
#9 BIB – Proshares Ultra Nasdaq Biotechnology 3.27 
#10 ROI – Large Cap Growth 3.27 
#11 VGT – Vanguard Information Technology 3.26 
#12 PWB – Dynamic Large Cap Growth 3.26 
#13 PGJ – Golden Dragon China 3.26 
#14 QQQV – NASDAQ 500 3.25 
#15 PAGG – Global Agriculture 3.23 
#16 VUG – Vanguard Growth 3.23 
#17 BJK – Gaming 3.22 
#18 FRAK – Unconventional Oil & Gas 3.20 
#19 GURU – Top Guru Holdings Index 3.20 
#20 PSP – Global Listed Private Equity 3.19 
List of all ranked ETFs »

ETF Channel’s proprietary calculations are based on underlying ETF holdings and Zacks ABR data; powered by Xignite. Not all ETFs are ranked, nor are all underlying holdings. Rankings are for informational purposes only and do not constitute investment advice. Full disclaimer

 

 

 

Top Yielding ETFs
Rank ETF ETF Category Net Assets Recent Yield* 
#1 iShares FTSE NAREIT Mortgage Plus Capped Index Fund (REM) Real Estate 865.01M 11.28%  
#2 Guggenheim S&P Global Dividend Opportunities Index ETF (LVL) Income 49.96M 8.94%  
#3 KBW High Dividend Yield Financial Portfolio (KBWD) Income 155.41M 7.92%  
#4 Guggenheim Enhanced Core Bond ETF (GIY) Debt – Leveraged 5.33M 7.54%  
#5 SPDR Barclays Capital High Yield Bond ETF (JNK) Corporate Debt 12.60B 6.95%  
#6 Guggenheim ABC High Dividend ETF (ABCS) Income 10.40M 6.88%  
#7 First Trust STOXX European Select Dividend Index Fund (FDD) Europe 16.23M 6.83%  
#8 iShares iBoxx $ High Yield Corporate Bond Fund (HYG) Corporate Debt 17.19B 6.81%  
#9 CEF Income Composite Portfolio (PCEF) Value 354.06M 6.77%  
#10 SPDR Wells Fargo Preferred Stock ETF (PSK) Income 298.26M 6.53%  
#11 SPDR S&P International Dividend ETF (DWX) Global 998.98M 6.45%  
#12 Preferred Portfolio (PGX) Income 1.99B 6.43%  
#13 Guggenheim Multi-Asset Income ETF (CVY) Global 758.99M 6.40%  
#14 SPDR S&P Emerging Markets Dividend ETF (EDIV) Emerging Markets 291.76M 5.91%  
#15 Financial Preferred Portfolio (PGF) Income 1.72B 5.89%  
#16 SPDR S&P International Telecommunications Sector ETF (IST) Technology 25.25M 5.86%  
#17 Guggenheim International Multi-Asset Income ETF (HGI) Global 114.17M 5.78%  
#18 iShares S&P U.S. Preferred Stock Index Fund (PFF) Income 10.16B 5.74%  
#19 First Trust Dow Jones Global Select Dividend Index Fund (FGD) Income 204.50M 5.67%  
#20 KBW Premium Yield Equity REIT Portfolio (KBWY) Real Estate 20.30M 5.42%  

Top Yielding SPDRs ETFs
Rank ETF ETF Category Net Assets Recent Yield* 
#1 SPDR Barclays Capital High Yield Bond ETF (JNK) Corporate Debt 12.60B 6.95%  
#2 SPDR Wells Fargo Preferred Stock ETF (PSK) Income 298.26M 6.53%  
#3 SPDR S&P International Dividend ETF (DWX) Global 998.98M 6.45%  
#4 SPDR S&P Emerging Markets Dividend ETF (EDIV) Emerging Markets 291.76M 5.91%  
#5 SPDR S&P International Telecommunications Sector ETF (IST) Technology 25.25M 5.86%  
#6 SPDR Barclays Capital Long Term Corporate Bond ETF (LWC) Blended Debt 120.85M 4.58%  
#7 SPDR S&P International Utilities Sector ETF (IPU) Utilities 23.90M 4.42%  
#8 SPDR Nuveen Barclays Capital Build America Bond ETF (BABS) Municipal Bonds 110.87M 4.34%  
#9 SPDR EURO STOXX 50 ETF (FEZ) Europe 1.01B 3.98%  
#10 Utilities Select Sector SPDR Fund (XLU) Utilities 5.95B 3.95%  
#11 SPDR Dow Jones International Real Estate ETF (RWX) Real Estate 3.12B 3.92%  
#12 SPDR STOXX Europe 50 ETF (FEU) Europe 38.14M 3.87%  
#13 SPDR S&P Capital Markets ETF (KCE) Financial 17.65M 3.54%  
#14 SPDR Nuveen Barclays Capital California Municipal Bond ETF (CXA) Municipal Bonds 99.02M 3.41%  
#15 SPDR Barclays Capital Issuer Scored Corporate Bond ETF (CBND) Corporate Debt 29.39M 3.41%  
#16 SPDR Barclays Capital Convertible Securities ETF (CWB) Corporate Debt 847.48M 3.29%  
#17 SPDR Barclays Capital Intermediate Term Corporate Bond ETF (ITR) Blended Debt 308.27M 3.20%  
#18 SPDR Nuveen Barclays Capital New York Municipal Bond ETF (INY) Municipal Bonds 29.05M 3.16%  
#19 SPDR S&P Dividend ETF (SDY) Income 9.37B 3.16%  
#20 SPDR Barclays Capital International Treasury Bond ETF (BWX) Government Debt 1.90B 3.14%  

 

 

 

Top Yielding iShares ETFs
Rank ETF ETF Category Net Assets Recent Yield* 
#1 iShares FTSE NAREIT Mortgage Plus Capped Index Fund (REM) Real Estate 865.01M 11.28%  
#2 iShares iBoxx $ High Yield Corporate Bond Fund (HYG) Corporate Debt 17.19B 6.81%  
#3 iShares S&P U.S. Preferred Stock Index Fund (PFF) Income 10.16B 5.74%  
#4 iShares Dow Jones International Select Dividend Index Fund (IDV) Income 1.15B 5.15%  
#5 iShares FTSE EPRA/NAREIT Developed Europe Index Fund (IFEU) Europe 12.81M 4.94%  
#6 iShares J.P. Morgan USD Emerging Markets Bond Fund (EMB) Emerging Markets 5.70B 4.39%  
#7 iShares 10+ Year Credit Bond Fund (CLY) Corporate Debt 413.01M 4.39%  
#8 iShares iBoxx $ Investment Grade Corporate Bond Fund (LQD) Corporate Debt 24.37B 3.93%  
#9 iShares S&P Developed ex-U.S. Property Index Fund (WPS) Real Estate 160.10M 3.85%  
#10 iShares 10+ Year Government/Credit Bond Fund (GLJ) Government Debt 193.29M 3.59%  
#11 iShares Barclays Credit Bond Fund (CFT) Blended Debt 1.38B 3.58%  
#12 iShares FTSE NAREIT Real Estate 50 Index Fund (FTY) Real Estate 65.08M 3.57%  
#13 iShares S&P/Citigroup 1-3 Year International Treasury Bond Fund (ISHG) Government Debt 185.46M 3.53%  
#14 iShares Dow Jones U.S. Real Estate Index Fund (IYR) Real Estate 4.68B 3.39%  
#15 iShares S&P California AMT-Free Municipal Bond Fund (CMF) Municipal Bonds 259.36M 3.36%  
#16 iShares Dow Jones U.S. Utilities Sector Index Fund (IDU) Utilities 666.34M 3.34%  
#17 iShares Barclays Intermediate Credit Bond Fund (CIU) Corporate Debt 5.46B 3.28%  
#18 iShares S&P New York AMT-Free Municipal Bond Fund (NYF) Municipal Bonds 117.27M 3.14%  
#19 iShares S&P/Citigroup International Treasury Bond Fund (IGOV) Government Debt 343.57M 3.03%  
#20 iShares S&P National AMT-Free Municipal Bond Fund (MUB) Municipal Bonds 3.11B 3.01%  

Top Yielding PowerShares ETFs
Rank ETF ETF Category Net Assets Recent Yield* 
#1 KBW High Dividend Yield Financial Portfolio (KBWD) Income 155.41M 7.92%  
#2 CEF Income Composite Portfolio (PCEF) Value 354.06M 6.77%  
#3 Preferred Portfolio (PGX) Income 1.99B 6.43%  
#4 Financial Preferred Portfolio (PGF) Income 1.72B 5.89%  
#5 KBW Premium Yield Equity REIT Portfolio (KBWY) Real Estate 20.30M 5.42%  
#6 Senior Loan Portfolio (BKLN) Blended Debt 877.61M 4.39%  
#7 Emerging Markets Sovereign Debt Portfolio (PCY) Emerging Markets 2.27B 4.37%  
#8 Build America Bond Portfolio (BAB) Municipal Bonds 1.08B 4.32%  
#9 High Yield Equity Dividend Achievers Portfolio (PEY) Income 304.84M 4.20%  
#10 Fundamental High Yield Corporate Bond Portfolio (PHB) Corporate Debt 1.09B 3.91%  
#11 Insured National Municipal Bond Portfolio (PZA) Municipal Bonds 878.94M 3.17%  
#12 KBW International Financial Portfolio (KBWX) Financial 1.06M 2.92%  
#13 Insured New York Municipal Bond Portfolio (PZT) Municipal Bonds 69.27M 2.91%  
#14 Convertible Securities Portfolio (CVRT) Blended Debt 9.47M 2.81%  
#15 Insured California Municipal Bond Portfolio (PWZ) Municipal Bonds 60.48M 2.74%  
#16 Global Listed Private Equity Portfolio (PSP) Global 285.37M 2.72%  
#17 International Corporate Bond Portfolio (PICB) Corporate Debt 111.90M 2.72%  
#18 S&P 500 Low Volatility Portfolio (SPLV) Value 2.46B 2.61%  
#19 Dynamic Utilities Portfolio (PUI) Utilities 40.95M 2.55%  
#20 BLDRS Developed Markets 100 ADR Index Fund (ADRD) Global 49.02M 2.47%  

 

 

 

Top Yielding WisdomTree ETFs
Rank ETF ETF Category Net Assets Recent Yield* 
#1 WisdomTree Australia Dividend Fund (AUSE) Income 65.90M 5.27%  
#2 WisdomTree Europe SmallCap Dividend Fund (DFE) Europe 29.32M 5.20%  
#3 International SmallCap Value ETFs (DLS) Global 408.40M 4.87%  
#4 WisdomTree Middle East Dividend Fund (GULF) Middle East 13.23M 4.64%  
#5 WisdomTree DEFA Equity Income Fund (DTH) Value 175.20M 4.47%  
#6 WisdomTree International Dividend ex-Financials Fund (DOO) Global 339.06M 4.09%  
#7 WisdomTree SmallCap Dividend Fund (DES) Income 370.76M 4.04%  
#8 WisdomTree Global Equity Income Fund (DEW) Global 91.57M 4.01%  
#9 WisdomTree Emerging Markets Local Debt Fund (ELD) Blended Debt 1.25B 3.94%  
#10 WisdomTree Equity Income Fund (DHS) Value 570.36M 3.86%  
#11 WisdomTree Dividend ex-Financials Fund (DTN) Income 1.27B 3.77%  
#12 WisdomTree Emerging Markets Equity Income Fund (DEM) Emerging Markets 4.39B 3.74%  
#13 WisdomTree International MidCap Dividend Fund (DIM) Global 97.65M 3.73%  
#14 WisdomTree DEFA Fund (DWM) Value 424.85M 3.71%  
#15 WisdomTree International LargeCap Dividend Fund (DOL) Global 187.27M 3.62%  
#16 WisdomTree Commodity Country Equity Fund (CCXE) Global 27.37M 3.33%  
#17 Emerging Markets SmallCap ETF (DGS) Emerging Markets 1.01B 3.33%  
#18 WisdomTree Global ex-US Real Estate Fund (DRW) Real Estate 108.74M 3.19%  
#19 WisdomTree Europe Hedged Equity Fund (HEDJ) Global 21.60M 3.19%  
#20 WisdomTree MidCap Dividend Fund (DON) Income 371.20M 3.19%  

Top Yielding Vanguard ETFs
Rank ETF ETF Category Net Assets Recent Yield* 
#1 Vanguard Long-Term Corporate Bond ETF (VCLT) Corporate Debt 176.34M 4.35%  
#2 Vanguard Utilities ETF (VPU) Utilities 1.62B 3.97%  
#3 Vanguard Long-Term Bond ETF (BLV) Blended Debt 792.94M 3.55%  
#4 Vanguard High Dividend Yield ETF (VYM) Income 5.21B 3.26%  
#5 Vanguard Mega Cap 300 Value ETF (MGV) Value 528.51M 2.93%  
#6 Vanguard Extended Duration Treasury ETF (EDV) Government Debt 182.95M 2.89%  
#7 Vanguard Value ETF (VTV) Value 6.54B 2.86%  
#8 Vanguard Intermediate-Term Corporate Bond ETF (VCIT) Corporate Debt 421.85M 2.73%  
#9 Vanguard Long-Term Government Bond ETF (VGLT) Government Debt 77.53M 2.49%  
#10 Vanguard Financials ETF (VFH) Financial 851.07M 2.43%  
#11 Vanguard Dividend Appreciation ETF (VIG) Income 13.78B 2.24%  
#12 Vanguard Mega Cap 300 ETF (MGC) Growth 771.25M 2.22%  
#13 Vanguard S&P 500 ETF (VOO) North America 5.54B 2.19%  
#14 Vanguard Large-Cap ETF (VV) Growth 5.96B 2.10%  
#15 Vanguard Total Stock Market ETF (VTI) Growth 23.15B 2.06%  
#16 Vanguard Intermediate-Term Bond ETF (BIV) Blended Debt 4.09B 1.82%  
#17 Vanguard Total Bond Market ETF (BND) Blended Debt 17.49B 1.70%  
#18 Vanguard Mega Cap 300 Growth ETF (MGK) Growth 837.82M 1.52%  
#19 Vanguard Growth ETF (VUG) Growth 8.25B 1.36%  
#20 Vanguard Short-Term Corporate Bond ETF (VCSH) Corporate Debt 557.77M 1.36%  


*(updated 12 minutes ago) Yield calculations vary and may not be reliable nor comparable; yield may be expressed as SEC 30-day yield, annualized yield based on most recent distribution, trailing twelve month yield, or reported yield. Not all ETFs are ranked; data may be incorrect or out of date. Rankings are for informational purposes only and do not constitute investment advice. Full disclaimer

FOLLOW ETF CHANNEL ON TWITTER FOR ETF UPDATES ALL THROUGHOUT THE WEEK

Weekly Metals Channel Newsletter

Metals Channel
Weekly Metals Newsletter
Weekly DividendRank Metals Toplists & Metals ETF Movers

Metals Prices

Looking at metals prices this week, gold moved lower, with spot prices currently at $1772.70/ounce, unchanged $0.10 (-0.0%) compared to $1772.80 on 09/21. Silver is currently trading at $34.61/ounce, up $0.13 (+0.4%) from $34.48 on 09/21. And turning to copper, the current spot price of $3.71/pound, has copper down $0.09 from $3.80 on 09/21, a week over week loss of -2.4%.

Metals ETF Movers

The Silver Miners ETF (SIL) outperformed other Metals ETFs this week, off about 0.6%. Components of that ETF showing particular strength this week include shares of Orko Silver (OK.CA), up about 9.9% and shares of Scorpio Mining (SPM.CA), up about 9.8% on the week.

And underperforming other Metals ETFs this week is the Global Steel Portfolio ETF (PSTL), off about 4.7% this week. Among components of that ETF with the weakest showing for the week were shares of ArcelorMittal (MT), lower by about 8.4%, and shares of AK Steel Holding (AKS), lower by about 8.2% on the week.

Other ETF standouts this week include the Copper Miners ETF (COPX), lower by about 1.7% but still outperforming other ETFs for the week. And the Steel ETF (SLX) was an underperformer, falling about 4.4% this week.

 

DividendRank Metals Toplist

At sister site Dividend Channel, we screen through our coverage universe of dividend paying stocks each week, and we look at a variety of data — dividend yield, book value, quarterly earnings — and compare it to the stock’s trading data to come up with certain calculations about profitability and about the stock’s valuation (whether we think it looks ”cheap” or ”expensive”).

History has shown that the bulk of the stock market’s returns are delivered by dividends, and so we pay special attention to dividend history. And of course, only consistently profitable companies can afford to keep paying dividends, so profitability is of critical importance. Dividend investors should be most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation — maybe there is a company-specific reason causing the stock to be ”cheap” or maybe the entire sector is taking a hit, but whatever the reason, we think there is great value in ranking the Metals Channel coverage universe weekly using our proprietary DividendRank formula, and sharing the list of the week’s top ranked metals stocks with our subscribers.

These are the metals stocks our DividendRank system has identified as the top most ”interesting” in the Metals and Mining category … this is meant purely as a research tool to generate ideas that merit further research.

 

Metals & Mining

DividendRank Symbol Dividend Recent Yield* 
#1 CLF Q 2.50 6.28% 
#2 RNO Q 1.78 11.48% 
#3 FRD Q 0.52 5.14% 
#4 ARLP Q 4.25 7.04% 
#5 PVR Q 2.12 8.39% 
#6 AHGP Q 2.79 5.82% 
#7 STLD Q 0.40 3.53% 
#8 WOR Q 0.52 2.36% 
#9 OXF Q 1.75 19.45% 
#10 FCX Q 1.25 3.12% 
#11 GORO M 0.72 3.28% 
#12 SCHN Q 0.75 2.67% 
#13 NSU S 0.10 2.12% 
#14 BVN Q 1.60 4.10% 
#15 AU Q 0.50 1.43% 


*(updated 8 hours, 22 minutes ago) Yield calculations vary and may not be reliable nor comparable. Not all publicly traded securities are ranked; data may be incorrect or out of date. Rankings are for informational purposes only and do not constitute investment advice. Full disclaimer

Weekly Energy Stock Channel Newsletter

Energy Stock Channel
Weekly Energy Stock Newsletter
Weekly DividendRank Energy Toplists & Energy ETF Movers

Energy Prices

Looking at energy prices this week, oil prices were mixed, with WTI Crude currently at $91.94/barrel, down $1.02 (-1.1%) compared to $92.96 on 09/21, and Brent Crude currently at $112.50/barrel, up $1.08 (+1.0%) from $111.42 on 09/21. And turning to Natural Gas, the current spot price of $3.27/MMBtu, has Natural Gas up $0.38 from $2.89 on 09/21, a week over week gain of +13.1%.

Energy ETF Movers

The S&P SmallCap Utilities Portfolio ETF (PSCU) outperformed other Energy ETFs this week, up about 0.6%. Components of that ETF showing particular strength this week include shares of NTELOS Holdings (NTLS), up about 1.5% and shares of Laclede Group (LG), up about 0.9% on the week.And underperforming other Energy ETFs this week is the Solar Energy ETF (KWT), down about 5.1% this week. Among components of that ETF with the weakest showing for the week were shares of GT Advanced Tech (GTAT), lower by about 17.4%, and shares of Suntech Power Holdings (STP), lower by about 16.7% on the week.

Other ETF standouts this week include the Vanguard Utilities ETF (VPU), lower by about 0.6% but still outperforming other ETFs for the week. And the Global Clean Energy Portfolio (PBD) was an underperformer, falling about 4.4% this week.

 

DividendRank Energy Toplists

At sister site Dividend Channel, we screen through our coverage universe of dividend paying stocks each week, and we look at a variety of data — dividend yield, book value, quarterly earnings — and compare it to the stock’s trading data to come up with certain calculations about profitability and about the stock’s valuation (whether we think it looks ”cheap” or ”expensive”).History has shown that the bulk of the stock market’s returns are delivered by dividends, and so we pay special attention to dividend history. And of course, only consistently profitable companies can afford to keep paying dividends, so profitability is of critical importance. Dividend investors should be most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation — maybe there is a company-specific reason causing the stock to be ”cheap” or maybe the entire sector is taking a hit, but whatever the reason, we think there is great value in ranking the Energy Stock Channel coverage universe weekly using our proprietary DividendRank formula, and sharing the list of the week’s top ranked energy stocks with our subscribers.

These are the energy stocks our DividendRank system has identified as the top most ”interesting” in the Energy, and Utilities categories … this is meant purely as a research tool to generate ideas that merit further research.

Energy

DividendRank Symbol Dividend Recent Yield* 
#1 BBEP Q 1.84 9.55% 
#2 PWE Q 1.08 7.58% 
#3 ECT Q 2.41 12.49% 
#4 DCIX Q 1.20 21.36% 
#5 VNR M 2.40 8.31% 
#6 EROC Q 0.88 9.12% 
#7 XTEX Q 1.32 8.55% 
#8 CHK Q 0.35 1.86% 
#9 NDRO M 1.70 9.41% 
#10 ETP Q 3.58 8.45% 
#11 HFC Q 0.60 1.49% 
#12 APL Q 2.24 6.80% 
#13 KYN Q 2.15 6.92% 
#14 SDT Q 2.91 11.83% 
#15 QRE Q 1.95 10.18% 

 

 

 

Utilities

DividendRank Symbol Dividend Recent Yield* 
#1 AT M 1.15 7.73% 
#2 WIN Q 1.00 9.60% 
#3 NTLS Q 1.68 9.88% 
#4 AEE Q 1.60 4.87% 
#5 BIP Q 1.50 4.21% 
#6 APU Q 3.20 7.14% 
#7 BCE Q 2.27 5.14% 
#8 WWVY Q 1.08 8.13% 
#9 T Q 1.76 4.60% 
#10 SPH Q 3.41 8.39% 
#11 CMS Q 0.96 4.08% 
#12 TE Q 0.88 4.97% 
#13 NEE Q 2.40 3.44% 
#14 VZ Q 2.06 4.52% 
#15 POM Q 1.08 5.69% 


*(updated Thursday, September 27, 1:59 AM) Yield calculations vary and may not be reliable nor comparable. Not all publicly traded securities are ranked; data may be incorrect or out of date. Rankings are for informational purposes only and do not constitute investment advice. Full disclaimer

Key Market Reports and Commentary for Friday

KEY EVENTS TO WATCH FOR:
Friday, September 28, 2012
8:30 AM ET. Aug Personal Income & Outlays

Personal Income (expected +0.2%; previous +0.3%)

Personal Spending (expected +0.5%; previous +0.4%)

PCE Price Index Monthly (previous 0%)

PCE Price Index Yearly (previous +1.3%)

PCE Core Price Index Monthly (expected +0.1; previous 0%)

PCE Core Price Index Yearly (previous +1.6%)

9:45 AM ET. Sept ISM-Chicago Business Survey – Chicago PMI

Employment Index (previous 57.1)

New Orders Index (previous 54.8)

Prices Paid Index (previous 57)

Purchasing Managers Index (Adjusted) (expected 52.5; previous 53)

Supplier Deliveries Index (previous 49.9)

9:55 AM ET. Sept Thomson Reuters / University of Michigan Survey of Consumers – final

Sentiment Index End month (expected 79.5; previous 74.3)

Expectations Index End Month (previous 65.1)

12-Month Inflation Forecast (previous 3.6)

5-Year Inflation Forecast (previous 3)

Value (Current Period) End Month (previous 88.7)

Key Events and Commentary available earlier every morning, via MarketClub (http://www.marketclub.com/)

STOCK INDEXES & MARKETS http://quotes.ino.com/exchanges/?c=indexes+

The December NASDAQ 100 was lower overnight as it consolidates some of
Thursday’s rally. Stochastics and the RSI remain bearish signaling that
sideways to lower prices are possible near-term. If December extends this
week’s decline, the 38% retracement level of the June-September rally crossing
at 2707.79 is the next downside target. Closes above the 10-day moving average
crossing at 2829.35 would signal that a short-term low has likely been posted.
First resistance is the 10-day moving average crossing at 2829.35. Second
resistance is last Friday’s high crossing at 2871.75. First support is the 25%
retracement level of the June-September rally crossing at 2764.62. Second
support is the 38% retracement level of the June-September rally crossing at
2707.79.

The December S&P 500 index was lower overnight and remains poised to extend
this week’s decline. Stochastics and the RSI are bearish signaling that
sideways to lower prices are possible near-term. Closes below Wednesday’s low
crossing at 1424.50 would confirm that a short-term top has been posted and
would open the door for additional weakness near-term. If December renews the
rally off June’s low, weekly resistance crossing at 1472.56 is the next upside
target. First resistance is the reaction high crossing at 1467.50. Second
resistance is weekly resistance crossing at 1472.56. First support is
Wednesday’s low crossing at 1424.50. Second support is the 25% retracement
level of the June-September rally crossing at 1414.52.

______________________________

_______________________________________
INTEREST RATES http://quotes.ino.com/exchanges/?c=interest

December T-bonds were higher overnight and it testing the July-September
downtrend line crossing near 150-04. Stochastics and the RSI are bullish
signaling that sideways to higher prices are possible. Multiple closes above
the July-September downtrend line crossing near 150-04 would confirm a trend
change while opening the door for a possible test of this month’s high crossing
at 151-29. First resistance is the July-September downtrend line crossing near
150-04. Second resistance is this month’s high crossing at 151-29. First
support is the 20-day moving average crossing at 148-10. Second support is the
10-day moving average crossing at 147-22.

ENERGY MARKETS http://quotes.ino.com/exchanges/category.html?c=energy

November crude oil was slightly higher due to short covering overnight as it
consolidates some of this month’s decline. Stochastics and the RSI are oversold
but remain neutral to bearish signaling that sideways to lower prices are
possible near-term. If November extends this month’s decline, the 62%
retracement level of the June-September rally crossing at 87.19 is the next
downside target. Closes above the 20-day moving average crossing at 94.87 are
needed to confirm that a short-term low has been posted. First resistance is
the 10-day moving average crossing at 92.71. Second resistance is the 20-day
moving average crossing at 94.87. First support is the 50% retracement level of
the June-September rally crossing at 89.79. Second support is the 62%
retracement level of the June-September rally crossing at 87.19.

November heating oil was higher overnight as it extends the rebound off last
week’s low. Stochastics and the RSI are bullish signaling that sideways to
higher prices are possible near-term. If November extends the rebound off last
week’s low, the reaction high crossing at 321.47 is the next upside target. If
November renews the decline off this month’s high, the 38% retracement level of
the June-September rally crossing at 298.64 is the next downside target. First
resistance is the reaction high crossing at 321.47. Second resistance is this
month’s high crossing at 326.33. First support is last Thursday’s low crossing
at 302.50. Second support is the 38% retracement level of the June-September
rally crossing at 298.64.

November unleaded gas was higher overnight and poised to extend the rally
off June’s low. Stochastics and the RSI are bullish signaling that sideways to
higher prices are possible near-term. If November extends this week’s rally,
March’s high crossing at 298.84 is the next upside target. Closes below the
10-day moving average crossing at 282.92 would temper the near-term friendly
outlook. First resistance is Thursday’s high crossing at 296.54. Second
resistance is March’s high crossing at 298.84. First support is the 10-day
moving average crossing at 282.91. Second support is last Wednesday’s low
crossing at 270.29.

November Henry natural gas was higher overnight as it extends this month’s
rally. Stochastics and the RSI are bullish signaling that sideways to higher
prices are possible near-term. If November extends this month’s rally, July’s
high crossing at 3.407 is the next upside target. Closes below the 20-day
moving average crossing at 3.051 would confirm that a short-term top has been
posted. First resistance is the overnight high crossing at 3.317. Second
resistance is July’s high crossing at 3.407. First support is the 10-day moving
average crossing at 3.090. Second support is the 20-day moving average crossing
at 3.051.

CURRENCIES http://quotes.ino.com/exchanges/category.html?c=currencies

The December Dollar was lower overnight as it consolidates some of the rally
off this month’s low. Stochastics and the RSI are bullish hinting that a low
might be in or is near. Closes above the 20-day moving average crossing at
80.00 are needed to confirm that a short-term low has been posted. If December
renews the decline off July’s high, weekly support crossing at 78.55 is the
next downside target. First resistance is the 20-day moving average crossing at
80.00. Second resistance is Wednesday’s high crossing at 80.08. First support
is this month’s low crossing at 78.72. Second support is weekly support
crossing at 78.55.

The December Euro was slightly higher due to short covering overnight as it
consolidates some of the decline off this month’s high. Stochastics and the RSI
are bearish signaling that additional weakness is possible near-term. Closes
below the 20-day moving average crossing at 128.89 would confirm that a
short-term top has been posted. If December renews the rally off July’s low,
the 50% retracement level of this year’s decline crossing at 132.52 is the next
upside target. First resistance is the 50% retracement level of this year’s
decline crossing at 132.52. Second resistance is the 62% retracement level of
this year’s decline crossing at 135.32. First support is the 20-day moving
average crossing at 128.89. Second support is the reaction low crossing at
127.68.

The December British Pound was lower overnight as it extends the trading
range of the past two-week’s. Stochastics and the RSI are turning bearish
hinting that a short-term top might be in or is near. Closes below the 20-day
moving average crossing at 1.6112 would confirm that a short-term top has been
posted. If December renews the rally off June’s low, the 87% retracement level
of the 2011-2012-decline crossing at 1.6330 is the next upside target. First
resistance is last Friday’s high crossing at 1.6304. Second resistance is the
87% retracement level of the 2011-2012-decline crossing at 1.6330. First
support is Wednesday’s low crossing at 1.6133. Second support is the 20-day
moving average crossing at 1.6112.

The December Swiss Franc was higher overnight as it consolidates some of the
decline off this month’s high. Stochastics and the RSI are bearish signaling
that sideways to lower prices are possible near-term. Closes below the 20-day
moving average crossing at .10664 would confirm that a short-term top has been
posted. If December renews the rally off July’s low, the 75% retracement level
of this year’s decline crossing at .10962 is the next upside target. First
resistance is the 62% retracement level of this year’s decline crossing at
.10816. Second resistance is the 75% retracement level of this year’s decline
crossing at .10962. First support is the 20-day moving average crossing at
.10664. Second support is the reaction low crossing at .10430.

The December Canadian Dollar was lower overnight as it consolidates below
the 20-day moving average crossing at 101.97. Stochastics and the RSI remain
bearish signaling that sideways to lower prices are possible near-term. If
December extends this week’s decline, the reaction low crossing at 100.26 is
the next downside target. Closes above the 10-day moving average crossing at
102.02 would temper the near-term bearish outlook. First resistance is this
month’s high crossing at 103.59. Second resistance is the July 2011 high
crossing at 104.53. First support is Wednesday’s low crossing at 101.23. Second
support is the reaction low crossing at 100.26.

The December Japanese Yen was slightly lower overnight as it consolidates
some of the rally off last Wednesday’s low. Stochastics and the RSI remain
bullish signaling that sideways to higher prices are possible near-term. If
December extends the rally off last Wednesday’s low, this month’s high crossing
at .12977 is the next upside target. From a broad perspective, September needs
to close above .12977 or below .12412 to confirm a breakout of this summer’s
trading range and point the direction of the next trending move. First
resistance is the overnight high crossing at .12838. Second resistance is this
month’s high crossing at .12977. First support is last Wednesday’s low crossing
at .12631. Second support is August’s low crossing at .12565.

PRECIOUS METALS http://quotes.ino.com/exchanges/?c=metals

October gold was slightly lower overnight as it consolidates some of
Thursday’s rally. Stochastics and the RSI are turning neutral to bearish
hinting that a short-term top might be in or is near. Closes below Wednesday’s
low crossing at 1735.80 would confirm that a short-term top has been posted. If
October extends the rally off May’s low, February’s high crossing at 1799.50 is
the next upside target. First resistance is last Friday’s high crossing at
1786.80. Second resistance is February’s high crossing at 1799.50. First
support is Wednesday’s low crossing at 1735.80. Second support is the reaction
low crossing at 1691.20.

December silver was higher overnight as it extends the trading range of the
past two weeks. Stochastics and the RSI are neutral to bearish signaling that
sideways to lower prices are possible near-term. Closes below Wednesday’s low
crossing at 33.360 would confirm that a short-term top has been posted and
could open the door for additional weakness into early-October. If December
renews this summer’s rally, the 87% retracement level of this year’s decline
crossing at 36.221 is the next upside target. First resistance is last Friday’s
high crossing at 35.260. Second resistance is the 87% retracement level of this
year’s decline crossing at 36.221. First support is Wednesday’s low crossing at
33.360. Second support is the reaction low crossing at 32.510.

December copper was higher due to short covering overnight. Stochastics and
the RSI are bearish hinting that a short-term top might be in or is near.
Closes below the 20-day moving average crossing at 369.35 would confirm that a
short-term top has been posted. If December renews the rally off August’s low,
the 87% retracement level of this year’s decline crossing at 392.60 is the next
upside target. First resistance is the 75% retracement level of this year’s
decline crossing at 383.10. Second resistance is the 87% retracement level of
this year’s decline crossing at 392.60. First support is the 20-day moving
average crossing at 369.35. Second support is Wednesday’s low crossing at
368.05.

FOOD & FIBER http://quotes.ino.com/exchanges/category.html?c=food

SOFTS: March sugar closed up 2 points at 20.40 cents
today. Prices closed near mid-range today. Sugar bears have
the overall near-term technical advantage.

December coffee closed up 495 points at 174.40 cents.
Prices closed near the session high today and saw short
covering and bargain hunting. The key “outside markets”
were in a bullish posture for coffee today as the U.S.
dollar index was lower and crude oil prices were higher.
Coffee bulls and bears are now back on a level near-term
technical playing field.

December cocoa closed up $14 at $2,483 a ton. Prices closed
near mid-range today on short covering. The key “outside
markets” were in a bullish posture for cocoa today as the
U.S. dollar index was lower and crude oil prices were
higher. Cocoa bulls have the overall near-term technical
advantage. However, prices have been trending lower for
three weeks.

December cotton closed up 17 points at 71.19 cents today.
Prices closed nearer the session high again today and saw
tepid short covering. The key “outside markets” were in a
bullish posture for cotton today as the U.S. dollar index
was lower and crude oil prices were higher. Cotton bears
have the near-term technical advantage.

November orange juice closed up 165 points at $1.1465
today. Prices closed near mid-range today and saw some
short covering and bargain hunting. Bears still have the
near-term technical advantage.

November lumber futures closed up $1.30 at $271.20 today.
Prices closed nearer the session high today on short
covering. Prices hit a fresh nearly three-month low early
on. Bears still have the solid overall near-term technical
advantage.

——————————

—————————————

Free Video Seminar – “Spotting breakouts that lead to trend reversals”

http://broadcast.ino.com/redirect/?linkid=1952

———————————————————————

GRAINS http://quotes.ino.com/exchanges/category.html?c=grains

December corn was lower overnight as it extends the decline off August’s
high. Continued fund liquidation ahead of the end of month/end of quarter later
this morning along with a lack of fresh supportive news continues to weigh on
the corn market. Stochastics and the RSI are oversold but remain neutral to
bearish signaling that additional weakness is possible near-term. If December
extends the decline off August’s high, the 50% retracement level of this
summer’s rally crossing at 6.73 3/4 is the next downside target. Closes above
the 20-day moving average crossing at 7.62 3/4 are needed to confirm that a
short-term low has been posted. First resistance is the 10-day moving average
crossing at 7.37 1/2. Second resistance is the 20-day moving average crossing
at 7.62 3/4 1/2. First support is the overnight low crossing at 7.05. Second
support is the 50% retracement level of this summer’s rally crossing at 6.73
3/4.

December wheat was lower overnight as it extended Thursday’s breakout below
August’s low crossing at 8.57 1/4. The low-range close sets the stage for a
steady to lower opening when the day session begins trading. Thursday’s
breakout below August’s low crossing at 8.57 1/4 marked a trading range
breakout and opens the door for a test of the 38% retracement level of this
summer’s rally crossing at 8.29 1/2 later this fall. First resistance is the
20-day moving average crossing at 8.84 1/4. Second resistance is the reaction
high crossing at 9.26 1/4. First support is Thursday’s low crossing at 8.49
1/4. Second support is the 38% retracement level of this summer’s rally
crossing at 8.29 1/2.

December Kansas City Wheat closed down 16 1/4-cents at 8.78 1/4.

December Kansas City wheat closed lower on Thursday. The low-range close
sets the stage for a steady to lower opening on Friday. Stochastics and the RSI
are bearish signaling that sideways to lower prices are possible near-term. If
December extends this week’s decline, August’s low crossing at 8.74 1/2 is the
next downside target. Closes above the 10-day moving average crossing at 9.08
would temper the near-term bearish outlook. First resistance is the 10-day
moving average crossing at 9.08. Second resistance is the reaction high
crossing at 9.49 1/4. First support is August’s low crossing at 8.74 1/2.
Second support is the reaction low crossing at 8.31.

December Minneapolis wheat was lower overnight and challenging the lower
boundary of this summer’s trading range crossing at 9.12. The low-range close
sets the stage for a steady to lower opening when the day session begins
trading. Stochastics and the RSI are bearish signaling that sideways to lower
prices are possible near-term. December needs to close above 9.84 1/2 or below
9.12 to confirm a breakout of the August-September trading range and point the
direction of the next trending move. First resistance is August’s high crossing
at 9.84 1/2. Second resistance is July’s high crossing at 10.34. First support
is the reaction low crossing at 9.25. Second support is August’s low crossing
at 9.12.

SOYBEAN COMPLEX

November soybeans were steady overnight as it consolidates some of this
month’s decline. This morning’s quarterly grain stocks report holds the keys to
near-term direction in the market. Stochastics and the RSI are oversold but
remain neutral to bearish signaling that sideways to lower prices are possible
near-term. If November extends this month’s decline, July’s low crossing at
15.36 is the next downside target. Closes above the 20-day moving average
crossing at 16.78 1/4 would confirm that a short-term low has been posted.
First resistance is the 10-day moving average crossing at 16.15 1/2. Second
resistance is the 20-day moving average crossing at 16.78 1/4. First support is
Thursday’s low crossing at 15.57 1/2. Second support is July’s low crossing at
15.36.

December soybean meal was higher due to light short covering overnight as it
consolidates some of this month’s decline. Stochastics and the RSI are oversold
but remain neutral to bearish signaling that sideways to lower prices are
possible near-term. If December extends this month’s decline, the 38%
retracement level of this summer’s rally crossing at 469.00 is the next
downside target. Closes above the 20-day moving average crossing at 506.70
would confirm that a short-term low has been posted. First resistance is the
10-day moving average crossing at 486.50. Second resistance is the 20-day
moving average crossing at 506.70. First support is Thursday’s low crossing at
470.90. Second support is the 38% retracement level of this summer’s rally
crossing at 469.00.

December soybean oil was lower overnight as it extends this month’s decline.
Stochastics and the RSI are oversold but remain bearish signaling that
additional weakness is possible near-term. If December extends the decline off
this month’s high, the 75% retracement level of the June-September rally
crossing at 51.13 is the next downside target. Closes above the 20-day moving
average crossing at 55.59 would confirm that a short-term low has been posted.
First resistance is the 10-day moving average crossing at 54.13. Second
resistance is the 20-day moving average crossing at 55.59. First support is the
overnight low crossing at 51.69. Second support is the 75% retracement level of
the June-September rally crossing at 51.13.

LIVESTOCK http://quotes.ino.com/exchanges/?c=livestock

LIVESTOCK: December live cattle closed up $0.42 at
$125.17 today. Prices closed near the session high and saw
short covering after hitting another fresh nine-week low
early on today. The key “outside markets” were in a bullish
posture for cattle today as the U.S. dollar index was lower
and crude oil prices were sharply higher. Serious near-term
chart damage has been inflicted in cattle futures this
week. Cattle bears have the overall near-term technical
advantage.

November feeder cattle closed up $0.12 at $147.32 today.
Tepid short covering was featured today. Near-term
technical damage has been inflicted this week. A gentle
two-month-old uptrend on the daily bar chart has been
negated. Bulls and bears are on a level near-term technical
playing field.

December lean hogs closed down $0.77 at $73.60 today.
Prices closed near the session low today and scored a
bearish “outside day” down on the daily bar chart. The hog
market this week is pressured by sharp losses in the live
cattle futures market this week. Hog market bears have the
overall near-term technical advantage. However, recent
upside price action does hint that a market bottom is in
place.

_____________________________________________________________________

T H A N K   Y O U
_____________________________________________________________________