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	618	6,150	SH		SOLE		0	0	6,150
DEUTSCHE TELEKOM AG SPONSORED	ADR	251566105	248	14,775	SH		SOLE		0	0	14,775
DIAGEO ADR	ADR	25243Q205	637	5,495	SH		SOLE		0	0	5,495
NESTLE S A SPONSORED ADR	ADR	641069406	6,110	77,324	SH		SOLE		0	0	77,324
ROCHE HLDG LTD SPONSORED ADR	ADR	771195104	310	10,025	SH		SOLE		0	0	10,025
SHIRE PLC SPONSORED ADR	ADR	82481R106	1,106	5,706	SH		SOLE		0	0	5,706
UNILEVER PLC ADR	ADR	904767704	1,119	23,613	SH		SOLE		0	0	23,613
ABBOTT LABORATORIES	COM	002824100	763	18,051	SH		SOLE		0	0	18,051
ABBVIE INC. COM	COM	00287Y109	646	10,251	SH		SOLE		0	0	10,251
AETNA	COM	00817Y108	711	6,163	SH		SOLE		0	0	6,163
AFLAC	COM	001055102	1,185	16,500	SH		SOLE		0	0	16,500
AGNC INVT CORP COM	COM	00123Q104	347	17,793	SH		SOLE		0	0	17,793
AIR PRODUCTS & CHEMICALS	COM	009158106	1,837	12,225	SH		SOLE		0	0	12,225
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	748	10,856	SH		SOLE		0	0	10,856
ALLERGAN PLC SHS	COM	G0177J108	950	4,125	SH		SOLE		0	0	4,125
ALLSTATE CORP	COM	020002101	404	5,847	SH		SOLE		0	0	5,847
ALPHABET INC CAP STK CL A	COM	02079K305	4,130	5,137	SH		SOLE		0	0	5,137
ALPHABET INC CAP STK CL C	COM	02079K107	4,875	6,273	SH		SOLE		0	0	6,273
ALPS ETF TR MED BREAKTHGH	COM	00162Q593	251	9,650	SH		SOLE		0	0	9,650
ALTRIA GROUP	COM	02209S103	11,265	178,170	SH		SOLE		0	0	178,170
AMAZON	COM	023135106	6,925	8,271	SH		SOLE		0	0	8,271
AMERICAN ELECTRIC POWER	COM	025537101	1,382	21,526	SH		SOLE		0	0	21,526
AMERICAN EXPRESS	COM	025816109	1,769	27,625	SH		SOLE		0	0	27,625
AMERICAN INTL GROUP COM NEW	COM	026874784	4,886	82,345	SH		SOLE		0	0	82,345
AMERICAN STATES WATER	COM	029899101	682	17,050	SH		SOLE		0	0	17,050
AMERICAN WTR WKS CO IN COM	COM	030420103	967	12,925	SH		SOLE		0	0	12,925
AMGEN	COM	031162100	1,858	11,144	SH		SOLE		0	0	11,144
ANADARKO PETROLEUM	COM	032511107	438	6,925	SH		SOLE		0	0	6,925
APACHE	COM	037411105	699	10,951	SH		SOLE		0	0	10,951
APPLE COMPUTER	COM	037833100	22,649	200,347	SH		SOLE		0	0	200,347
AQUA AMERICA	COM	03836W103	335	11,012	SH		SOLE		0	0	11,012
ARMOUR RESIDENTIAL REI COM NEW	COM	042315507	288	12,807	SH		SOLE		0	0	12,807
ASHLAND GLOBAL HLDGS I COM	COM	044186104	556	4,800	SH		SOLE		0	0	4,800
AT&T, INC.	COM	00206R102	7,781	191,620	SH		SOLE		0	0	191,620
ATMOS ENERGY	COM	049560105	481	6,469	SH		SOLE		0	0	6,469
AUTOMATIC DATA PROCESSING	COM	053015103	491	5,574	SH		SOLE		0	0	5,574
BANK OF AMERICA	COM	060505104	392	25,108	SH		SOLE		0	0	25,108
BARCLAYS BK PLC IPGS CRUDOIL36	COM	06738C786	64	11,000	SH		SOLE		0	0	11,000
BARD (C.R.) INC	COM	067383109	1,155	5,151	SH		SOLE		0	0	5,151
BAXTER INTERNATIONAL	COM	071813109	1,161	24,395	SH		SOLE		0	0	24,395
BECTON DICKINSON	COM	075887109	2,289	12,738	SH		SOLE		0	0	12,738
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	629	13,631	SH		SOLE		0	0	13,631
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	5,509	38,133	SH		SOLE		0	0	38,133
BIOGEN IDEC INC	COM	09062X103	328	1,050	SH		SOLE		0	0	1,050
BIOTECHNOLOGY	COM	464287556	3,252	11,237	SH		SOLE		0	0	11,237
BLACK HILLS	COM	092113109	382	6,250	SH		SOLE		0	0	6,250
BOEING	COM	097023105	6,903	52,403	SH		SOLE		0	0	52,403
BRISTOL MYERS SQUIBB	COM	110122108	2,164	40,134	SH		SOLE		0	0	40,134
BROWN FORMAN CORP CL B	COM	115637209	208	4,400	SH		SOLE		0	0	4,400
BT GROUP PLC ADR	COM	05577E101	549	21,600	SH		SOLE		0	0	21,600
CANADIAN NATIONAL RAILWAY	COM	136375102	438	6,700	SH		SOLE		0	0	6,700
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,573	10,305	SH		SOLE		0	0	10,305
CARDINAL HEALTH	COM	14149Y108	246	3,168	SH		SOLE		0	0	3,168
CATERPILLAR	COM	149123101	1,302	14,674	SH		SOLE		0	0	14,674
CELGENE	COM	151020104	3,196	30,576	SH		SOLE		0	0	30,576
CENTERPOINT ENERGY	COM	15189t107	3,807	163,902	SH		SOLE		0	0	163,902
CHEVRON CORP	COM	166764100	5,216	50,686	SH		SOLE		0	0	50,686
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CIGNA	COM	125509109	1,928	14,795	SH		SOLE		0	0	14,795
CISCO SYSTEMS	COM	17275R102	1,255	39,572	SH		SOLE		0	0	39,572
CITIGROUP	COM	172967424	1,485	31,445	SH		SOLE		0	0	31,445
CLOROX COMPANY	COM	189054109	556	4,448	SH		SOLE		0	0	4,448
CMS ENERGY	COM	125896100	215	5,125	SH		SOLE		0	0	5,125
COCA COLA	COM	191216100	6,715	158,695	SH		SOLE		0	0	158,695
COCA COLA EUROPEAN PAR SHS	COM	G25839104	239	6,010	SH		SOLE		0	0	6,010
COLGATE PALMOLIVE	COM	194162103	2,538	34,235	SH		SOLE		0	0	34,235
COMCAST CORP CL A	COM	20030N101	3,067	46,245	SH		SOLE		0	0	46,245
CONOCOPHILLIPS	COM	20825C104	662	15,250	SH		SOLE		0	0	15,250
CONSOLIDATED EDISON	COM	209115104	2,266	30,101	SH		SOLE		0	0	30,101
CONSTELLATION BRANDS	COM	21036P108	539	3,240	SH		SOLE		0	0	3,240
COSTCO WHOLESALE	COM	22160K105	904	5,930	SH		SOLE		0	0	5,930
CSX	COM	126408103	2,036	66,768	SH		SOLE		0	0	66,768
CURRENCYSHSSWISS FRANC SWISS F	COM	23129V109	394	4,000	SH		SOLE		0	0	4,000
CVS CORP	COM	126650100	1,273	14,314	SH		SOLE		0	0	14,314
DANAHER	COM	235851102	411	5,250	SH		SOLE		0	0	5,250
DAVITA	COM	23918K108	321	4,866	SH		SOLE		0	0	4,866
DJ SELECT DIVIDEND	COM	464287168	266	3,112	SH		SOLE		0	0	3,112
DJ US ENERGY	COM	464287796	473	12,136	SH		SOLE		0	0	12,136
DJ US HEALTHCARE	COM	464287762	7,470	49,732	SH		SOLE		0	0	49,732
DJ US HEALTHCARE PROVIDERS	COM	464288828	2,780	22,420	SH		SOLE		0	0	22,420
DJ US MEDICAL DEVICES	COM	464288810	2,039	14,030	SH		SOLE		0	0	14,030
DJ US TECHNOLOGY	COM	464287721	1,908	16,036	SH		SOLE		0	0	16,036
DJ US UTILITIES SECTOR	COM	464287697	577	4,710	SH		SOLE		0	0	4,710
DOMINION RESOURCES	COM	25746U109	3,001	40,413	SH		SOLE		0	0	40,413
DOW CHEMICAL	COM	260543103	1,031	19,900	SH		SOLE		0	0	19,900
DREW INDS INC COM NEW	COM	26168L205	215	2,200	SH		SOLE		0	0	2,200
DU PONT	COM	263534109	4,040	60,332	SH		SOLE		0	0	60,332
DUKE ENERGY CORP NEW	COM	26441c204	2,672	33,383	SH		SOLE		0	0	33,383
DUKE REALTY INVESTMENTS	COM	264411505	688	25,201	SH		SOLE		0	0	25,201
EASTMAN CHEMICAL	COM	277432100	695	10,275	SH		SOLE		0	0	10,275
EDISON INTERNATIONAL	COM	281020107	605	8,383	SH		SOLE		0	0	8,383
EDWARDS LIFESCIENCES	COM	28176E108	603	5,004	SH		SOLE		0	0	5,004
ELEVEN BIOTHERAPEUTICS COM	COM	286221106	53	19,100	SH		SOLE		0	0	19,100
ELI LILLY	COM	532457108	1,200	14,959	SH		SOLE		0	0	14,959
EMERSON ELECTRIC	COM	291011104	913	16,755	SH		SOLE		0	0	16,755
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	266	15,900	SH		SOLE		0	0	15,900
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	4,260	154,187	SH		SOLE		0	0	154,187
EOG RESOURCES	COM	26875P101	535	5,535	SH		SOLE		0	0	5,535
ESTEE LAUDER CL A	COM	518439104	862	9,734	SH		SOLE		0	0	9,734
EVERSOURCE ENERGY COM	COM	30040W108	315	5,821	SH		SOLE		0	0	5,821
EXPRESS SCRIPTS	COM	30219g108	345	4,900	SH		SOLE		0	0	4,900
EXXON MOBIL	COM	30231G102	13,819	158,331	SH		SOLE		0	0	158,331
F M C CORP COM NEW	COM	302491303	232	4,800	SH		SOLE		0	0	4,800
FACEBOOK INC CL A	COM	30303M102	8,586	66,937	SH		SOLE		0	0	66,937
FAIR ISAAC CORP COM	COM	303250104	242	1,950	SH		SOLE		0	0	1,950
FEDEX	COM	31428x106	2,207	12,638	SH		SOLE		0	0	12,638
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	11,669	143,076	SH		SOLE		0	0	143,076
FOOT LOCKER	COM	344849104	365	5,400	SH		SOLE		0	0	5,400
FORD MOTOR	COM	345370860	137	11,364	SH		SOLE		0	0	11,364
FRONTIER COMMUNICATION COM	COM	35906A108	83	20,000	SH		SOLE		0	0	20,000
GENERAL DYNAMICS	COM	369550108	2,792	18,000	SH		SOLE		0	0	18,000
GENERAL ELECTRIC	COM	369604103	6,969	235,307	SH		SOLE		0	0	235,307
GENERAL GROWTH PPTYS I COM	COM	370023103	205	7,450	SH		SOLE		0	0	7,450
GENERAL MILLS	COM	370334104	3,401	53,256	SH		SOLE		0	0	53,256
GENUINE PARTS	COM	372460105	512	5,100	SH		SOLE		0	0	5,100
GILEAD SCIENCES	COM	375558103	953	12,051	SH		SOLE		0	0	12,051
GOLDMAN SACHS GROUP	COM	38141G104	771	4,785	SH		SOLE		0	0	4,785
GOLDMAN SACHS SOFTWARE	COM	464287515	376	3,320	SH		SOLE		0	0	3,320
GOLDMAN SACHS TECHNOLOGY	COM	464287549	232	1,880	SH		SOLE		0	0	1,880
GUIDEWIRE SOFTWARE INC COM	COM	40171v100	518	8,650	SH		SOLE		0	0	8,650
HALLIBURTON	COM	406216101	310	6,928	SH		SOLE		0	0	6,928
HEINEKEN N V SPONSORED ADR L1	COM	423012301	1,199	27,350	SH		SOLE		0	0	27,350
HELMERICH & PAYNE	COM	423452101	316	4,700	SH		SOLE		0	0	4,700
HERSHEY COMPANY	COM	427866108	1,900	19,875	SH		SOLE		0	0	19,875
HOME DEPOT	COM	437076102	13,242	102,910	SH		SOLE		0	0	102,910
HONEYWELL INTERNATIONAL	COM	438516106	6,400	54,901	SH		SOLE		0	0	54,901
HUNTSMAN CORP COM	COM	447011107	206	12,700	SH		SOLE		0	0	12,700
IBM	COM	459200101	7,114	44,788	SH		SOLE		0	0	44,788
ILLINOIS TOOL WORKS	COM	452308109	467	3,900	SH		SOLE		0	0	3,900
INGERSOLL RAND	COM	G47791101	2,315	34,085	SH		SOLE		0	0	34,085
INTEL	COM	458140100	1,005	26,648	SH		SOLE		0	0	26,648
INTERNATIONAL PAPER	COM	460146103	2,212	46,118	SH		SOLE		0	0	46,118
ISHARES INC MSCI SWITZERLD	COM	464286749	354	11,600	SH		SOLE		0	0	11,600
ISHARES TR DJ OIL EQUIP	COM	464288844	239	6,046	SH		SOLE		0	0	6,046
ISHARES TR DJ PHARMA INDX	COM	464288836	5,034	33,687	SH		SOLE		0	0	33,687
ISHARES TR DJ US FINL SEC	COM	464287788	1,170	13,010	SH		SOLE		0	0	13,010
ISHARES TR DJ US REAL EST	COM	464287739	266	3,300	SH		SOLE		0	0	3,300
ISHARES TR HGH DIV EQT FD	COM	46429B663	251	3,095	SH		SOLE		0	0	3,095
ISHARES TR MSCI INDIA ETF	COM	46429B598	373	12,690	SH		SOLE		0	0	12,690
ISHARES TR RESIDENT INDEX	COM	464288562	553	8,451	SH		SOLE		0	0	8,451
ISHARES TR S&P GL C STAPL	COM	464288737	345	3,475	SH		SOLE		0	0	3,475
JOHNSON & JOHNSON	COM	478160104	12,635	106,960	SH		SOLE		0	0	106,960
JOHNSON CTLS INTL PLC SHS	COM	G51502105	789	16,956	SH		SOLE		0	0	16,956
JP MORGAN CHASE	COM	46625H100	6,732	101,103	SH		SOLE		0	0	101,103
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	1,684	53,477	SH		SOLE		0	0	53,477
KELLOGG	COM	487836108	635	8,200	SH		SOLE		0	0	8,200
KIMBERLY CLARK	COM	494368103	3,293	26,113	SH		SOLE		0	0	26,113
KIMCO REALTY	COM	49446R109	261	9,050	SH		SOLE		0	0	9,050
KINDER MORGAN	COM	49456B101	330	14,280	SH		SOLE		0	0	14,280
KRAFT HEINZ CO COM	COM	500754106	1,487	16,619	SH		SOLE		0	0	16,619
KROGER	COM	501044101	1,037	34,946	SH		SOLE		0	0	34,946
L-3 COMMUNICATIONS	COM	502424104	1,013	6,725	SH		SOLE		0	0	6,725
LABORATORY CORP OF AMERICA	COM	50540R409	233	1,700	SH		SOLE		0	0	1,700
LAM RESEARCH	COM	512807108	662	7,000	SH		SOLE		0	0	7,000
LOCKHEED MARTIN	COM	539830109	2,380	9,929	SH		SOLE		0	0	9,929
LOWES COMPANIES	COM	548661107	2,325	32,200	SH		SOLE		0	0	32,200
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	4,033	57,022	SH		SOLE		0	0	57,022
MASTERCARD INC COM	COM	57636Q104	1,286	12,645	SH		SOLE		0	0	12,645
MCCORMICK & CO INC COM NON VTG	COM	579780206	1,034	10,350	SH		SOLE		0	0	10,350
MCDONALDS	COM	580135101	6,507	56,409	SH		SOLE		0	0	56,409
MCKESSON	COM	58155Q103	1,636	9,812	SH		SOLE		0	0	9,812
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	674	8,535	SH		SOLE		0	0	8,535
MEDTRONIC	COM	G5960L103	924	10,700	SH		SOLE		0	0	10,700
MERCK & CO INC NEW COM	COM	58933Y105	2,929	46,932	SH		SOLE		0	0	46,932
MICROSOFT	COM	594918104	3,662	63,590	SH		SOLE		0	0	63,590
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	230	2,450	SH		SOLE		0	0	2,450
MIDDLESEX WATER	COM	596680108	329	9,350	SH		SOLE		0	0	9,350
MIMEDX GROUP INC COM	COM	602496101	194	22,700	SH		SOLE		0	0	22,700
MMM (3M COMPANY)	COM	88579Y101	11,132	63,168	SH		SOLE		0	0	63,168
MONDELEZ INTL INC CL A	COM	609207105	445	10,140	SH		SOLE		0	0	10,140
MSCI EAFE	COM	464287465	2,080	35,190	SH		SOLE		0	0	35,190
MSCI EMERGING MARKET	COM	464287234	711	19,000	SH		SOLE		0	0	19,000
MUELLER INDS INC COM	COM	624756102	256	7,900	SH		SOLE		0	0	7,900
MUELLER WTR PRODS INC COM SER	COM	624758108	203	16,200	SH		SOLE		0	0	16,200
NATIONAL GRID PLC ADR	COM	636274300	214	3,014	SH		SOLE		0	0	3,014
NETFLIX	COM	64110L106	314	3,190	SH		SOLE		0	0	3,190
NEXTERA ENERGY INC COM	COM	65339F101	860	7,036	SH		SOLE		0	0	7,036
NIKE	COM	654106103	207	3,950	SH		SOLE		0	0	3,950
NIPPON TELEGRAPH & TELEPHONE A	COM	654624105	320	6,990	SH		SOLE		0	0	6,990
NORDIC AMERICAN TANKER SHIPPIN	COM	G65773106	146	14,500	SH		SOLE		0	0	14,500
NORFOLK SOUTHERN	COM	655844108	1,351	13,927	SH		SOLE		0	0	13,927
NORTHROP GRUMMAN	COM	666807102	1,009	4,717	SH		SOLE		0	0	4,717
NORTHWEST NATURAL GAS	COM	667655104	207	3,450	SH		SOLE		0	0	3,450
NOVARTIS AG ADR	COM	66987V109	961	12,173	SH		SOLE		0	0	12,173
OCCIDENTAL PETROLEUM	COM	674599105	636	8,726	SH		SOLE		0	0	8,726
ONEOK	COM	682680103	211	4,122	SH		SOLE		0	0	4,122
OPEN TEXT	COM	683715106	454	7,000	SH		SOLE		0	0	7,000
ORACLE	COM	68389X105	760	19,360	SH		SOLE		0	0	19,360
OWENS CORNING NEW COM	COM	690742101	491	9,200	SH		SOLE		0	0	9,200
PEPSICO	COM	713448108	10,239	94,136	SH		SOLE		0	0	94,136
PFIZER	COM	717081103	2,316	68,400	SH		SOLE		0	0	68,400
PG & E	COM	69331C108	281	4,600	SH		SOLE		0	0	4,600
PHILIP MORRIS INTL INC COM	COM	718172109	2,637	27,126	SH		SOLE		0	0	27,126
PHILIPS ELECTRONICS (KONINKLIJ	COM	500472303	343	11,600	SH		SOLE		0	0	11,600
PIEDMONT NATURAL GAS	COM	720186105	666	11,095	SH		SOLE		0	0	11,095
PIONEER NATURAL RESOURCES	COM	723787107	20,310	109,400	SH		SOLE		0	0	109,400
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	268	8,562	SH		SOLE		0	0	8,562
PORTLAND GEN ELEC CO COM NEW	COM	736508847	268	6,300	SH		SOLE		0	0	6,300
POWERSHARES ETF TRUST CON STAP	COM	73935X393	616	10,930	SH		SOLE		0	0	10,930
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	337	8,136	SH		SOLE		0	0	8,136
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	15,349	129,288	SH		SOLE		0	0	129,288
PPG INDUSTRIES	COM	693506107	609	5,900	SH		SOLE		0	0	5,900
PPL	COM	69351T106	443	12,829	SH		SOLE		0	0	12,829
PRAXAIR	COM	74005P104	283	2,350	SH		SOLE		0	0	2,350
PREFERRED APT CMNTYS COM	COM	74039L103	185	13,700	SH		SOLE		0	0	13,700
PROCTER & GAMBLE	COM	742718109	8,815	98,227	SH		SOLE		0	0	98,227
PRUDENTIAL FINANCIAL	COM	744320102	480	5,880	SH		SOLE		0	0	5,880
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,727	41,255	SH		SOLE		0	0	41,255
RAYTHEON	COM	755111507	1,184	8,702	SH		SOLE		0	0	8,702
REALTY INCOME CORP COM	COM	756109104	259	3,875	SH		SOLE		0	0	3,875
REYNOLDS AMERICAN	COM	761713106	974	20,671	SH		SOLE		0	0	20,671
ROCKWELL AUTOMATION	COM	773903109	990	8,100	SH		SOLE		0	0	8,100
ROCKWELL COLLINS INC COM	COM	774341101	219	2,600	SH		SOLE		0	0	2,600
ROPER INDUSTRIES	COM	776696106	730	4,000	SH		SOLE		0	0	4,000
ROYAL DUTCH CL A ADR NEW	COM	780259206	308	6,162	SH		SOLE		0	0	6,162
RUSSELL MIDCAP GROWTH	COM	464287481	1,099	11,291	SH		SOLE		0	0	11,291
SALESFORCE COM INC COM	COM	79466L302	702	9,850	SH		SOLE		0	0	9,850
SCANA	COM	80589M102	231	3,204	SH		SOLE		0	0	3,204
SCHLUMBERGER	COM	806857108	3,672	46,698	SH		SOLE		0	0	46,698
SEAGATE TECHNOLOGY PLC SHS	COM	G7945M107	255	6,625	SH		SOLE		0	0	6,625
SELECT SECTOR SPDR TR RL EST S	COM	81369Y860	1,727	52,719	SH		SOLE		0	0	52,719
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	2,239	27,984	SH		SOLE		0	0	27,984
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	3,499	65,773	SH		SOLE		0	0	65,773
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	7,227	374,463	SH		SOLE		0	0	374,463
SIEMENS A G SPONSORED ADR	COM	826197501	832	7,100	SH		SOLE		0	0	7,100
SIMON PROPERTY	COM	828806109	565	2,731	SH		SOLE		0	0	2,731
SMUCKER JM	COM	832696405	210	1,550	SH		SOLE		0	0	1,550
SOUTHERN COMPANY	COM	842587107	1,615	31,500	SH		SOLE		0	0	31,500
SP 500 GROWTH	COM	464287309	304	2,499	SH		SOLE		0	0	2,499
SPDR DOW JONES INDL AV UT SER	COM	78467X109	7,739	42,342	SH		SOLE		0	0	42,342
SPDR ENERGY	COM	81369Y506	2,426	34,361	SH		SOLE		0	0	34,361
SPDR HEALTH CARE	COM	81369y209	15,671	217,330	SH		SOLE		0	0	217,330
SPDR INDEX SHS FDS DJWS INTL R	COM	78463X863	290	6,976	SH		SOLE		0	0	6,976
SPDR INDUSTRIAL SECTOR	COM	81369y704	3,851	65,979	SH		SOLE		0	0	65,979
SPDR MATERIALS SECTOR	COM	81369y100	1,544	32,350	SH		SOLE		0	0	32,350
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	1,687	25,449	SH		SOLE		0	0	25,449
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	523	12,030	SH		SOLE		0	0	12,030
SPDR SP500 TRUST SR 1	COM	78462F103	14,285	66,045	SH		SOLE		0	0	66,045
SPDR UTILITIES SELECT	COM	81369Y886	2,779	56,729	SH		SOLE		0	0	56,729
ST JUDE MEDICAL	COM	790849103	1,134	14,225	SH		SOLE		0	0	14,225
STANLEY BLACK & DECKER COM	COM	854502101	418	3,400	SH		SOLE		0	0	3,400
STARBUCKS	COM	855244109	5,048	93,255	SH		SOLE		0	0	93,255
STREETTRACKS GOLD SHARES	COM	78463v107	6,319	50,299	SH		SOLE		0	0	50,299
STREETTRACKS INDEX SHS DJ STOX	COM	78463X103	579	19,150	SH		SOLE		0	0	19,150
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	1,829	30,530	SH		SOLE		0	0	30,530
STRYKER	COM	863667101	2,943	25,285	SH		SOLE		0	0	25,285
T-MOBILE US INC COM	COM	872590104	1,551	33,200	SH		SOLE		0	0	33,200
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	3,948	82,638	SH		SOLE		0	0	82,638
TEEKAY OFFSHORE PTN LP PARTNER	COM	Y8565J101	63	10,000	SH		SOLE		0	0	10,000
THOR	COM	885160101	228	2,700	SH		SOLE		0	0	2,700
TIME WARNER	COM	887317303	1,282	16,105	SH		SOLE		0	0	16,105
TITAN MED INC COM	COM	88830X108	5	20,450	SH		SOLE		0	0	20,450
TOYOTA MOTOR ADR	COM	892331307	304	2,625	SH		SOLE		0	0	2,625
TRANSENTERIX INC COM NEW	COM	89366M201	59	35,000	SH		SOLE		0	0	35,000
TRINSEO S A SHS	COM	L9340P101	472	8,350	SH		SOLE		0	0	8,350
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	1,766	62,222	SH		SOLE		0	0	62,222
UGI CORP	COM	902681105	735	16,250	SH		SOLE		0	0	16,250
UNION PACIFIC	COM	907818108	4,790	49,121	SH		SOLE		0	0	49,121
UNITED PARCEL SERVICE CL B	COM	911312106	5,986	54,736	SH		SOLE		0	0	54,736
UNITED TECHNOLOGIES	COM	913017109	9,409	92,616	SH		SOLE		0	0	92,616
UNITEDHEALTH GROUP	COM	91324P102	1,275	9,108	SH		SOLE		0	0	9,108
URBAN EDGE PPTYS COM	COM	91704F104	351	12,500	SH		SOLE		0	0	12,500
VANECK VECTORS ETF TR AGRIBUSI	COM	92189F700	776	15,550	SH		SOLE		0	0	15,550
VANECK VECTORS ETF TR BIOTECH	COM	92189F726	5,399	46,862	SH		SOLE		0	0	46,862
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	261	2,332	SH		SOLE		0	0	2,332
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	758	16,695	SH		SOLE		0	0	16,695
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	3,337	35,353	SH		SOLE		0	0	35,353
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,447	10,895	SH		SOLE		0	0	10,895
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	11,195	93,007	SH		SOLE		0	0	93,007
VERIZON COMMUNICATIONS	COM	92343V104	12,831	246,860	SH		SOLE		0	0	246,860
VISA INC COM CL A	COM	92826C839	6,994	84,577	SH		SOLE		0	0	84,577
VODAFONE GROUP PLC ADR	COM	92857W308	606	20,809	SH		SOLE		0	0	20,809
WAL-MART STORES	COM	931142103	1,894	26,264	SH		SOLE		0	0	26,264
WALGREENS BOOTS ALLIAN COM	COM	931427108	1,471	18,250	SH		SOLE		0	0	18,250
WALKER INNOVATION INC COM	COM	931661102	5	10,000	SH		SOLE		0	0	10,000
WALT DISNEY	COM	254687106	9,482	102,112	SH		SOLE		0	0	102,112
WEC ENERGY GROUP INC COM	COM	92939U106	323	5,403	SH		SOLE		0	0	5,403
WELLS FARGO	COM	949746101	922	20,826	SH		SOLE		0	0	20,826
WESTAR ENERGY	COM	95709T100	499	8,800	SH		SOLE		0	0	8,800
WHIRLPOOL	COM	963320106	869	5,365	SH		SOLE		0	0	5,365
WHOLE FOODS MKT INC COM	COM	966837106	584	20,600	SH		SOLE		0	0	20,600
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	714	11,245	SH		SOLE		0	0	11,245
WORTHINGTON INDUSTRIES	COM	981811102	312	6,500	SH		SOLE		0	0	6,500
XYLEM INC COM	COM	98419M100	5,350	102,015	SH		SOLE		0	0	102,015
YUM! BRANDS	COM	988498101	921	10,150	SH		SOLE		0	0	10,150
ZIMMER BIOMET HLDGS IN COM	COM	98956P102	353	2,715	SH		SOLE		0	0	2,715
CONSULTING GROUP CAP M ULTRA S	MF	210474763	104	10,427	SH		SOLE		0	0	10,427
CONSULTING GRP CAP MKT HI YLD	MF	210474839	79	20,883	SH		SOLE		0	0	20,883
ISHARES TR US PFD STK IDX	PFD	464288687	4,752	120,325	SH		SOLE		0	0	120,325