Murphy Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
BAYER A G SPONSORED ADR	ADR	072730302	692	6,925	SH		SOLE		0	0	6,925
DEUTSCHE TELEKOM AG SPONSORED	ADR	251566105	284	16,775	SH		SOLE		0	0	16,775
DIAGEO ADR	ADR	25243Q205	648	5,745	SH		SOLE		0	0	5,745
NESTLE S A SPONSORED ADR	ADR	641069406	6,072	78,724	SH		SOLE		0	0	78,724
ROCHE HLDG LTD SPONSORED ADR	ADR	771195104	775	23,525	SH		SOLE		0	0	23,525
SHIRE PLC SPONSORED ADR	ADR	82481R106	1,095	5,951	SH		SOLE		0	0	5,951
UNILEVER PLC ADR	ADR	904767704	1,210	25,263	SH		SOLE		0	0	25,263
ABBOTT LABORATORIES	COM	002824100	338	8,601	SH		SOLE		0	0	8,601
ABBVIE INC. COM	COM	00287Y109	572	9,251	SH		SOLE		0	0	9,251
ACCENTURE CL A	COM	G1151C101	390	3,450	SH		SOLE		0	0	3,450
AETNA	COM	00817Y108	764	6,263	SH		SOLE		0	0	6,263
AFLAC	COM	001055102	1,255	17,400	SH		SOLE		0	0	17,400
AIR PRODUCTS & CHEMICALS	COM	009158106	1,892	13,325	SH		SOLE		0	0	13,325
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	846	12,189	SH		SOLE		0	0	12,189
ALLERGAN PLC SHS	COM	G0177J108	930	4,025	SH		SOLE		0	0	4,025
ALLSTATE CORP	COM	020002101	671	9,594	SH		SOLE		0	0	9,594
ALPHABET INC CAP STK CL A	COM	02079K305	3,834	5,451	SH		SOLE		0	0	5,451
ALPHABET INC CAP STK CL C	COM	02079K107	4,318	6,239	SH		SOLE		0	0	6,239
ALPS ETF TR MED BREAKTHGH	COM	00162Q593	225	9,950	SH		SOLE		0	0	9,950
ALTRIA GROUP	COM	02209S103	12,294	178,281	SH		SOLE		0	0	178,281
AMAZON	COM	023135106	5,739	8,021	SH		SOLE		0	0	8,021
AMERICAN CAP AGY CORP COM	COM	02503X105	342	17,271	SH		SOLE		0	0	17,271
AMERICAN ELECTRIC POWER	COM	025537101	1,519	21,676	SH		SOLE		0	0	21,676
AMERICAN EXPRESS	COM	025816109	1,696	27,925	SH		SOLE		0	0	27,925
AMERICAN INTL GROUP COM NEW	COM	026874784	4,531	85,670	SH		SOLE		0	0	85,670
AMERICAN STATES WATER	COM	029899101	747	17,050	SH		SOLE		0	0	17,050
AMERICAN WTR WKS CO IN COM	COM	030420103	1,345	15,925	SH		SOLE		0	0	15,925
AMGEN	COM	031162100	1,688	11,100	SH		SOLE		0	0	11,100
ANADARKO PETROLEUM	COM	032511107	355	6,675	SH		SOLE		0	0	6,675
APACHE	COM	037411105	662	11,901	SH		SOLE		0	0	11,901
APPLE COMPUTER	COM	037833100	19,748	206,572	SH		SOLE		0	0	206,572
AQUA AMERICA	COM	03836W103	401	11,262	SH		SOLE		0	0	11,262
ARMOUR RESIDENTIAL REI COM NEW	COM	042315507	248	12,429	SH		SOLE		0	0	12,429
ASHLAND NEW	COM	044209104	573	5,000	SH		SOLE		0	0	5,000
AT&T, INC.	COM	00206R102	8,141	188,410	SH		SOLE		0	0	188,410
ATMOS ENERGY	COM	049560105	554	6,819	SH		SOLE		0	0	6,819
AUTOMATIC DATA PROCESSING	COM	053015103	516	5,624	SH		SOLE		0	0	5,624
BALLARD POWER SYSTEMS	COM	05858H104	12	10,000	SH		SOLE		0	0	10,000
BANK OF AMERICA	COM	060505104	371	28,008	SH		SOLE		0	0	28,008
BARCLAYS BK PLC IPGS CRUDOIL36	COM	06738C786	297	47,620	SH		SOLE		0	0	47,620
BARD (C.R.) INC	COM	067383109	1,211	5,151	SH		SOLE		0	0	5,151
BAXTER INTERNATIONAL	COM	071813109	1,150	25,445	SH		SOLE		0	0	25,445
BECTON DICKINSON	COM	075887109	2,199	12,968	SH		SOLE		0	0	12,968
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	707	14,950	SH		SOLE		0	0	14,950
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	5,387	37,206	SH		SOLE		0	0	37,206
BIOTECHNOLOGY	COM	464287556	2,922	11,355	SH		SOLE		0	0	11,355
BLACK HILLS	COM	092113109	419	6,650	SH		SOLE		0	0	6,650
BOEING	COM	097023105	6,976	53,721	SH		SOLE		0	0	53,721
BRISTOL MYERS SQUIBB	COM	110122108	2,737	37,214	SH		SOLE		0	0	37,214
BROWN FORMAN CORP CL A	COM	115637100	216	2,000	SH		SOLE		0	0	2,000
BROWN FORMAN CORP CL B	COM	115637209	443	4,450	SH		SOLE		0	0	4,450
BT GROUP PLC ADR	COM	05577E101	653	23,450	SH		SOLE		0	0	23,450
BWX TECHNOLOGIES INC COM	COM	05605H100	234	6,550	SH		SOLE		0	0	6,550
CANADIAN NATIONAL RAILWAY	COM	136375102	395	6,700	SH		SOLE		0	0	6,700
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,340	10,405	SH		SOLE		0	0	10,405
CARDINAL HEALTH	COM	14149Y108	253	3,243	SH		SOLE		0	0	3,243
CATERPILLAR	COM	149123101	1,207	15,922	SH		SOLE		0	0	15,922
CBS CL B	COM	124857202	504	9,271	SH		SOLE		0	0	9,271
CELGENE	COM	151020104	3,112	31,561	SH		SOLE		0	0	31,561
CENTENE CORP DEL COM	COM	15135B101	300	4,210	SH		SOLE		0	0	4,210
CENTERPOINT ENERGY	COM	15189t107	3,890	162,089	SH		SOLE		0	0	162,089
CHEVRON CORP	COM	166764100	5,421	51,718	SH		SOLE		0	0	51,718
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CIGNA	COM	125509109	1,934	15,115	SH		SOLE		0	0	15,115
CISCO SYSTEMS	COM	17275R102	1,112	38,761	SH		SOLE		0	0	38,761
CITIGROUP	COM	172967424	1,400	33,044	SH		SOLE		0	0	33,044
CLEARBRIDGE ENERGY MLP COM	COM	184692101	226	14,204	SH		SOLE		0	0	14,204
CLOROX COMPANY	COM	189054109	951	6,873	SH		SOLE		0	0	6,873
CMS ENERGY	COM	125896100	244	5,325	SH		SOLE		0	0	5,325
COCA COLA	COM	191216100	7,250	159,946	SH		SOLE		0	0	159,946
COLGATE PALMOLIVE	COM	194162103	2,599	35,510	SH		SOLE		0	0	35,510
COMCAST CORP CL A	COM	20030N101	2,691	41,283	SH		SOLE		0	0	41,283
CONOCOPHILLIPS	COM	20825C104	864	19,830	SH		SOLE		0	0	19,830
CONSOLIDATED EDISON	COM	209115104	2,147	26,701	SH		SOLE		0	0	26,701
CONSTELLATION BRANDS	COM	21036P108	554	3,350	SH		SOLE		0	0	3,350
COSTCO WHOLESALE	COM	22160K105	907	5,780	SH		SOLE		0	0	5,780
CSX	COM	126408103	1,788	68,558	SH		SOLE		0	0	68,558
CVS CORP	COM	126650100	1,379	14,409	SH		SOLE		0	0	14,409
DANAHER	COM	235851102	570	5,650	SH		SOLE		0	0	5,650
DAVITA	COM	23918K108	376	4,866	SH		SOLE		0	0	4,866
DEERE	COM	244199105	303	3,750	SH		SOLE		0	0	3,750
DHT HOLDINGS INC SHS NEW	COM	Y2065G121	90	18,000	SH		SOLE		0	0	18,000
DJ SELECT DIVIDEND	COM	464287168	265	3,110	SH		SOLE		0	0	3,110
DJ US ENERGY	COM	464287796	442	11,536	SH		SOLE		0	0	11,536
DJ US HEALTHCARE	COM	464287762	7,523	50,727	SH		SOLE		0	0	50,727
DJ US HEALTHCARE PROVIDERS	COM	464288828	3,005	23,595	SH		SOLE		0	0	23,595
DJ US MEDICAL DEVICES	COM	464288810	1,984	14,638	SH		SOLE		0	0	14,638
DJ US TECHNOLOGY	COM	464287721	1,679	15,956	SH		SOLE		0	0	15,956
DJ US UTILITIES SECTOR	COM	464287697	605	4,610	SH		SOLE		0	0	4,610
DOMINION RESOURCES	COM	25746U109	3,283	42,137	SH		SOLE		0	0	42,137
DOW CHEMICAL	COM	260543103	1,106	22,250	SH		SOLE		0	0	22,250
DREW INDS INC COM NEW	COM	26168L205	212	2,500	SH		SOLE		0	0	2,500
DU PONT	COM	263534109	4,171	64,382	SH		SOLE		0	0	64,382
DUKE ENERGY CORP NEW	COM	26441c204	2,592	30,215	SH		SOLE		0	0	30,215
DUKE REALTY INVESTMENTS	COM	264411505	685	25,701	SH		SOLE		0	0	25,701
EASTMAN CHEMICAL	COM	277432100	994	14,650	SH		SOLE		0	0	14,650
EATON CORP PLC SHS	COM	G29183103	253	4,250	SH		SOLE		0	0	4,250
ECOLAB	COM	278865100	462	3,900	SH		SOLE		0	0	3,900
EDISON INTERNATIONAL	COM	281020107	736	9,483	SH		SOLE		0	0	9,483
EDWARDS LIFESCIENCES	COM	28176E108	518	5,204	SH		SOLE		0	0	5,204
ELI LILLY	COM	532457108	1,146	14,559	SH		SOLE		0	0	14,559
EMC	COM	268648102	373	13,736	SH		SOLE		0	0	13,736
EMERSON ELECTRIC	COM	291011104	1,061	20,355	SH		SOLE		0	0	20,355
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	225	15,700	SH		SOLE		0	0	15,700
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	4,667	159,527	SH		SOLE		0	0	159,527
EOG RESOURCES	COM	26875P101	410	4,925	SH		SOLE		0	0	4,925
ESTEE LAUDER CL A	COM	518439104	913	10,034	SH		SOLE		0	0	10,034
EVERSOURCE ENERGY COM	COM	30040W108	369	6,171	SH		SOLE		0	0	6,171
EXELON	COM	30161N101	279	7,681	SH		SOLE		0	0	7,681
EXPRESS SCRIPTS	COM	30219g108	390	5,150	SH		SOLE		0	0	5,150
EXXON MOBIL	COM	30231G102	15,354	163,798	SH		SOLE		0	0	163,798
F M C CORP COM NEW	COM	302491303	240	5,200	SH		SOLE		0	0	5,200
FACEBOOK INC CL A	COM	30303M102	7,819	68,427	SH		SOLE		0	0	68,427
FAIR ISAAC CORP COM	COM	303250104	220	1,950	SH		SOLE		0	0	1,950
FEDEX	COM	31428x106	2,066	13,618	SH		SOLE		0	0	13,618
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	10,741	148,945	SH		SOLE		0	0	148,945
FOOT LOCKER	COM	344849104	345	6,300	SH		SOLE		0	0	6,300
FORD MOTOR	COM	345370860	311	24,748	SH		SOLE		0	0	24,748
FRONTIER COMMUNICATION COM	COM	35906A108	106	21,500	SH		SOLE		0	0	21,500
GENERAL DYNAMICS	COM	369550108	2,483	17,835	SH		SOLE		0	0	17,835
GENERAL ELECTRIC	COM	369604103	7,548	239,788	SH		SOLE		0	0	239,788
GENERAL GROWTH PPTYS I COM	COM	370023103	266	8,950	SH		SOLE		0	0	8,950
GENERAL MILLS	COM	370334104	3,644	51,100	SH		SOLE		0	0	51,100
GENUINE PARTS	COM	372460105	658	6,500	SH		SOLE		0	0	6,500
GILEAD SCIENCES	COM	375558103	1,062	12,731	SH		SOLE		0	0	12,731
GOLDMAN SACHS GROUP	COM	38141G104	655	4,410	SH		SOLE		0	0	4,410
GOLDMAN SACHS SOFTWARE	COM	464287515	328	3,120	SH		SOLE		0	0	3,120
GOLDMAN SACHS TECHNOLOGY	COM	464287549	206	1,880	SH		SOLE		0	0	1,880
GUIDEWIRE SOFTWARE INC COM	COM	40171v100	228	3,700	SH		SOLE		0	0	3,700
HALLIBURTON	COM	406216101	413	9,131	SH		SOLE		0	0	9,131
HEINEKEN N V SPONSORED ADR L1	COM	423012301	1,245	27,100	SH		SOLE		0	0	27,100
HELMERICH & PAYNE	COM	423452101	328	4,900	SH		SOLE		0	0	4,900
HERSHEY COMPANY	COM	427866108	2,272	20,025	SH		SOLE		0	0	20,025
HESS CORP	COM	42809h107	213	3,550	SH		SOLE		0	0	3,550
HOLLY ENERGY PARTNERS LP	COM	435763107	205	5,920	SH		SOLE		0	0	5,920
HOME DEPOT	COM	437076102	13,269	103,918	SH		SOLE		0	0	103,918
HONEYWELL INTERNATIONAL	COM	438516106	6,468	55,605	SH		SOLE		0	0	55,605
HUNTSMAN CORP COM	COM	447011107	342	25,450	SH		SOLE		0	0	25,450
IBM	COM	459200101	6,911	45,536	SH		SOLE		0	0	45,536
ILLINOIS TOOL WORKS	COM	452308109	450	4,323	SH		SOLE		0	0	4,323
INGERSOLL RAND	COM	G47791101	2,346	36,855	SH		SOLE		0	0	36,855
INTEL	COM	458140100	926	28,248	SH		SOLE		0	0	28,248
INTERNATIONAL PAPER	COM	460146103	2,044	48,240	SH		SOLE		0	0	48,240
ISHARES TR DJ OIL EQUIP	COM	464288844	275	7,146	SH		SOLE		0	0	7,146
ISHARES TR DJ PHARMA INDX	COM	464288836	5,099	35,314	SH		SOLE		0	0	35,314
ISHARES TR DJ US FINL SEC	COM	464287788	1,068	12,435	SH		SOLE		0	0	12,435
ISHARES TR DJ US REAL EST	COM	464287739	296	3,600	SH		SOLE		0	0	3,600
ISHARES TR HGH DIV EQT FD	COM	46429B663	213	2,595	SH		SOLE		0	0	2,595
ISHARES TR MSCI INDIA ETF	COM	46429B598	250	8,970	SH		SOLE		0	0	8,970
ISHARES TR RESIDENT INDEX	COM	464288562	577	8,550	SH		SOLE		0	0	8,550
ISHARES TR S&P GL C STAPL	COM	464288737	359	3,585	SH		SOLE		0	0	3,585
JOHNSON & JOHNSON	COM	478160104	13,096	107,965	SH		SOLE		0	0	107,965
JOHNSON CONTROLS	COM	478366107	732	16,550	SH		SOLE		0	0	16,550
JP MORGAN CHASE	COM	46625H100	6,179	99,451	SH		SOLE		0	0	99,451
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	1,675	52,677	SH		SOLE		0	0	52,677
KELLOGG	COM	487836108	612	7,500	SH		SOLE		0	0	7,500
KIMBERLY CLARK	COM	494368103	3,681	26,780	SH		SOLE		0	0	26,780
KIMCO REALTY	COM	49446R109	283	9,050	SH		SOLE		0	0	9,050
KRAFT HEINZ CO COM	COM	500754106	1,395	15,770	SH		SOLE		0	0	15,770
KROGER	COM	501044101	1,357	36,896	SH		SOLE		0	0	36,896
L-3 COMMUNICATIONS	COM	502424104	909	6,200	SH		SOLE		0	0	6,200
LAM RESEARCH	COM	512807108	622	7,400	SH		SOLE		0	0	7,400
LOCKHEED MARTIN	COM	539830109	2,419	9,749	SH		SOLE		0	0	9,749
LOWES COMPANIES	COM	548661107	2,602	32,870	SH		SOLE		0	0	32,870
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	4,714	62,029	SH		SOLE		0	0	62,029
MASTERCARD INC COM	COM	57636Q104	1,137	12,920	SH		SOLE		0	0	12,920
MCCORMICK & CO INC COM NON VTG	COM	579780206	1,248	11,700	SH		SOLE		0	0	11,700
MCDONALDS	COM	580135101	6,933	57,614	SH		SOLE		0	0	57,614
MCKESSON	COM	58155Q103	1,868	10,012	SH		SOLE		0	0	10,012
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	701	7,735	SH		SOLE		0	0	7,735
MEDTRONIC	COM	G5960L103	1,002	11,550	SH		SOLE		0	0	11,550
MERCK & CO INC NEW COM	COM	58933Y105	2,716	47,161	SH		SOLE		0	0	47,161
MICROSOFT	COM	594918104	3,259	63,699	SH		SOLE		0	0	63,699
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	297	2,800	SH		SOLE		0	0	2,800
MIDDLESEX WATER	COM	596680108	351	8,100	SH		SOLE		0	0	8,100
MIMEDX GROUP INC COM	COM	602496101	181	22,700	SH		SOLE		0	0	22,700
MMM (3M COMPANY)	COM	88579Y101	11,283	64,431	SH		SOLE		0	0	64,431
MONDELEZ INTL INC CL A	COM	609207105	397	8,724	SH		SOLE		0	0	8,724
MRI INTERVENTIONS INC COM	COM	55347P100	18	80,000	SH		SOLE		0	0	80,000
MSCI EAFE	COM	464287465	1,892	33,905	SH		SOLE		0	0	33,905
MSCI EMERGING MARKET	COM	464287234	448	13,050	SH		SOLE		0	0	13,050
MUELLER INDS INC COM	COM	624756102	251	7,900	SH		SOLE		0	0	7,900
MUELLER WTR PRODS INC COM SER	COM	624758108	175	15,400	SH		SOLE		0	0	15,400
NETFLIX	COM	64110L106	344	3,765	SH		SOLE		0	0	3,765
NEW YORK CMNTY BANCORP COM	COM	649445103	182	12,200	SH		SOLE		0	0	12,200
NEXTERA ENERGY INC COM	COM	65339F101	949	7,280	SH		SOLE		0	0	7,280
NIKE	COM	654106103	615	11,150	SH		SOLE		0	0	11,150
NIPPON TELEGRAPH & TELEPHONE A	COM	654624105	818	17,390	SH		SOLE		0	0	17,390
NORDIC AMERICAN TANKER SHIPPIN	COM	G65773106	213	15,400	SH		SOLE		0	0	15,400
NORFOLK SOUTHERN	COM	655844108	1,242	14,590	SH		SOLE		0	0	14,590
NORTHROP GRUMMAN	COM	666807102	1,219	5,487	SH		SOLE		0	0	5,487
NORTHWEST NATURAL GAS	COM	667655104	239	3,700	SH		SOLE		0	0	3,700
NOVARTIS AG ADR	COM	66987V109	1,011	12,263	SH		SOLE		0	0	12,263
OCCIDENTAL PETROLEUM	COM	674599105	729	9,651	SH		SOLE		0	0	9,651
OPEN TEXT	COM	683715106	402	6,800	SH		SOLE		0	0	6,800
ORACLE	COM	68389X105	786	19,210	SH		SOLE		0	0	19,210
OWENS-ILLINOIS	COM	690768403	385	21,400	SH		SOLE		0	0	21,400
PENTAIR PLC SHS	COM	G7S00T104	221	3,808	SH		SOLE		0	0	3,808
PEPSICO	COM	713448108	10,167	95,974	SH		SOLE		0	0	95,974
PFIZER	COM	717081103	2,375	67,464	SH		SOLE		0	0	67,464
PG & E	COM	69331C108	303	4,750	SH		SOLE		0	0	4,750
PHILIP MORRIS INTL INC COM	COM	718172109	2,736	26,904	SH		SOLE		0	0	26,904
PHILIPS ELECTRONICS (KONINKLIJ	COM	500472303	289	11,600	SH		SOLE		0	0	11,600
PIEDMONT NATURAL GAS	COM	720186105	733	12,195	SH		SOLE		0	0	12,195
PIONEER NATURAL RESOURCES	COM	723787107	16,111	106,550	SH		SOLE		0	0	106,550
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	236	8,592	SH		SOLE		0	0	8,592
PORTLAND GEN ELEC CO COM NEW	COM	736508847	410	9,300	SH		SOLE		0	0	9,300
POWERSHARES ETF TRUST CON STAP	COM	73935X393	676	11,580	SH		SOLE		0	0	11,580
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	284	7,496	SH		SOLE		0	0	7,496
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	14,090	131,025	SH		SOLE		0	0	131,025
PPG INDUSTRIES	COM	693506107	640	6,150	SH		SOLE		0	0	6,150
PPL	COM	69351T106	563	14,925	SH		SOLE		0	0	14,925
PRAXAIR	COM	74005P104	275	2,450	SH		SOLE		0	0	2,450
PREFERRED APT CMNTYS COM	COM	74039L103	232	15,800	SH		SOLE		0	0	15,800
PROCTER & GAMBLE	COM	742718109	8,351	98,635	SH		SOLE		0	0	98,635
PRUDENTIAL FINANCIAL	COM	744320102	223	3,138	SH		SOLE		0	0	3,138
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,915	41,105	SH		SOLE		0	0	41,105
RAYTHEON	COM	755111507	1,155	8,502	SH		SOLE		0	0	8,502
REALTY INCOME CORP COM	COM	756109104	313	4,525	SH		SOLE		0	0	4,525
REYNOLDS AMERICAN	COM	761713106	1,041	19,321	SH		SOLE		0	0	19,321
ROCKWELL AUTOMATION	COM	773903109	1,044	9,095	SH		SOLE		0	0	9,095
ROCKWELL COLLINS INC COM	COM	774341101	255	3,000	SH		SOLE		0	0	3,000
ROPER INDUSTRIES	COM	776696106	682	4,000	SH		SOLE		0	0	4,000
ROYAL DUTCH CL A ADR NEW	COM	780259206	456	8,262	SH		SOLE		0	0	8,262
RUSSELL 2000	COM	464287655	224	1,955	SH		SOLE		0	0	1,955
RUSSELL MIDCAP GROWTH	COM	464287481	1,080	11,546	SH		SOLE		0	0	11,546
SALESFORCE COM INC COM	COM	79466L302	655	8,250	SH		SOLE		0	0	8,250
SCANA	COM	80589M102	242	3,204	SH		SOLE		0	0	3,204
SCHLUMBERGER	COM	806857108	3,994	50,508	SH		SOLE		0	0	50,508
SEAGATE TECHNOLOGY PLC SHS	COM	G7945M107	251	10,325	SH		SOLE		0	0	10,325
SEALED AIR	COM	81211K100	229	5,000	SH		SOLE		0	0	5,000
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	2,091	26,790	SH		SOLE		0	0	26,790
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	3,603	65,336	SH		SOLE		0	0	65,336
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	8,776	384,021	SH		SOLE		0	0	384,021
SIEMENS A G SPONSORED ADR	COM	826197501	805	7,850	SH		SOLE		0	0	7,850
SIMON PROPERTY	COM	828806109	658	3,036	SH		SOLE		0	0	3,036
SOUTHERN COMPANY	COM	842587107	1,584	29,550	SH		SOLE		0	0	29,550
SP 500 GROWTH	COM	464287309	291	2,499	SH		SOLE		0	0	2,499
SPDR DOW JONES INDL AV UT SER	COM	78467X109	8,863	49,518	SH		SOLE		0	0	49,518
SPDR ENERGY	COM	81369Y506	2,311	33,868	SH		SOLE		0	0	33,868
SPDR HEALTH CARE	COM	81369y209	16,115	224,744	SH		SOLE		0	0	224,744
SPDR INDEX SHS FDS DJWS INTL R	COM	78463X863	347	8,371	SH		SOLE		0	0	8,371
SPDR INDUSTRIAL SECTOR	COM	81369y704	3,700	66,077	SH		SOLE		0	0	66,077
SPDR MATERIALS SECTOR	COM	81369y100	1,486	32,073	SH		SOLE		0	0	32,073
SPDR MID CAP 400	COM	78467Y107	366	1,344	SH		SOLE		0	0	1,344
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	1,416	26,195	SH		SOLE		0	0	26,195
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	545	13,000	SH		SOLE		0	0	13,000
SPDR SP500 TRUST SR 1	COM	78462F103	15,404	73,540	SH		SOLE		0	0	73,540
SPDR UTILITIES SELECT	COM	81369Y886	2,544	48,489	SH		SOLE		0	0	48,489
ST JUDE MEDICAL	COM	790849103	1,132	14,525	SH		SOLE		0	0	14,525
STANLEY BLACK & DECKER COM	COM	854502101	378	3,400	SH		SOLE		0	0	3,400
STARBUCKS	COM	855244109	5,411	94,740	SH		SOLE		0	0	94,740
STREETTRACKS GOLD SHARES	COM	78463v107	4,880	38,587	SH		SOLE		0	0	38,587
STREETTRACKS INDEX SHS DJ STOX	COM	78463X103	562	18,850	SH		SOLE		0	0	18,850
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	1,783	33,940	SH		SOLE		0	0	33,940
STRYKER	COM	863667101	2,710	22,620	SH		SOLE		0	0	22,620
T-MOBILE US INC COM	COM	872590104	1,475	34,100	SH		SOLE		0	0	34,100
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	3,732	86,071	SH		SOLE		0	0	86,071
TEEKAY OFFSHORE PTN LP PARTNER	COM	Y8565J101	59	10,000	SH		SOLE		0	0	10,000
TELUS CORP COM	COM	87971M103	247	7,700	SH		SOLE		0	0	7,700
TEXAS PACIFIC LAND TRUST	COM	882610108	236	1,400	SH		SOLE		0	0	1,400
THOR	COM	885160101	213	3,300	SH		SOLE		0	0	3,300
TIME WARNER	COM	887317303	1,076	14,635	SH		SOLE		0	0	14,635
TITAN MED INC COM	COM	88830X108	13	20,450	SH		SOLE		0	0	20,450
TORO	COM	891092108	295	3,350	SH		SOLE		0	0	3,350
TOYOTA MOTOR ADR	COM	892331307	212	2,130	SH		SOLE		0	0	2,130
TRACTOR SUPPLY	COM	892356106	560	6,150	SH		SOLE		0	0	6,150
TRANSENTERIX INC COM NEW	COM	89366M201	42	35,000	SH		SOLE		0	0	35,000
TRIUMPH GROUP INC NEW COM	COM	896818101	603	17,000	SH		SOLE		0	0	17,000
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	2,116	74,881	SH		SOLE		0	0	74,881
UGI CORP	COM	902681105	735	16,250	SH		SOLE		0	0	16,250
UNION PACIFIC	COM	907818108	4,383	50,236	SH		SOLE		0	0	50,236
UNITED PARCEL SERVICE CL B	COM	911312106	6,089	56,529	SH		SOLE		0	0	56,529
UNITED TECHNOLOGIES	COM	913017109	9,710	94,692	SH		SOLE		0	0	94,692
UNITEDHEALTH GROUP	COM	91324P102	1,313	9,299	SH		SOLE		0	0	9,299
URBAN EDGE PPTYS COM	COM	91704F104	421	14,100	SH		SOLE		0	0	14,100
VANECK VECTORS ETF TR AGRIBUSI	COM	92189F700	1,031	21,475	SH		SOLE		0	0	21,475
VANECK VECTORS ETF TR BIOTECH	COM	92189F726	4,561	44,572	SH		SOLE		0	0	44,572
VANECK VECTORS ETF TR GOLD MIN	COM	92189F106	367	13,250	SH		SOLE		0	0	13,250
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	249	2,332	SH		SOLE		0	0	2,332
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	740	17,270	SH		SOLE		0	0	17,270
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	3,492	35,491	SH		SOLE		0	0	35,491
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,451	11,125	SH		SOLE		0	0	11,125
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	10,153	94,810	SH		SOLE		0	0	94,810
VERIZON COMMUNICATIONS	COM	92343V104	13,817	247,454	SH		SOLE		0	0	247,454
VISA INC COM CL A	COM	92826C839	6,328	85,326	SH		SOLE		0	0	85,326
VODAFONE GROUP PLC ADR	COM	92857W308	649	21,037	SH		SOLE		0	0	21,037
WAL-MART STORES	COM	931142103	2,048	28,052	SH		SOLE		0	0	28,052
WALGREENS BOOTS ALLIAN COM	COM	931427108	1,702	20,450	SH		SOLE		0	0	20,450
WALKER INNOVATION INC COM	COM	931661102	5	10,000	SH		SOLE		0	0	10,000
WALT DISNEY	COM	254687106	10,954	111,984	SH		SOLE		0	0	111,984
WEC ENERGY GROUP INC COM	COM	92939U106	345	5,292	SH		SOLE		0	0	5,292
WELLS FARGO	COM	949746101	2,117	44,730	SH		SOLE		0	0	44,730
WESTAR ENERGY	COM	95709T100	510	9,100	SH		SOLE		0	0	9,100
WHIRLPOOL	COM	963320106	2,609	15,658	SH		SOLE		0	0	15,658
WHOLE FOODS MKT INC COM	COM	966837106	659	20,600	SH		SOLE		0	0	20,600
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	740	11,860	SH		SOLE		0	0	11,860
WORTHINGTON INDUSTRIES	COM	981811102	274	6,500	SH		SOLE		0	0	6,500
YUM! BRANDS	COM	988498101	843	10,173	SH		SOLE		0	0	10,173
ZIMMER BIOMET HLDGS IN COM	COM	98956P102	255	2,120	SH		SOLE		0	0	2,120
CONSULTING GRP CAP MKT HI YLD	MF	210474839	67	18,484	SH		SOLE		0	0	18,484
ISHARES TR US PFD STK IDX	PFD	464288687	4,866	122,008	SH		SOLE		0	0	122,008