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
DIAGEO ADR	ADR	25243Q205	571	4,945	SH		SOLE		0	0	4,945
NESTLE S A SPONSORED ADR	ADR	641069406	5,667	73,704	SH		SOLE		0	0	73,704
SHIRE PLC SPONSORED ADR	ADR	82481R106	655	3,763	SH		SOLE		0	0	3,763
UNILEVER PLC ADR	ADR	904767704	1,182	23,963	SH		SOLE		0	0	23,963
ABBOTT LABORATORIES	COM	002824100	987	22,242	SH		SOLE		0	0	22,242
ABBVIE INC. COM	COM	00287Y109	651	10,001	SH		SOLE		0	0	10,001
ACACIA COMMUNICATIONS COM	COM	00401C108	328	5,600	SH		SOLE		0	0	5,600
ADOBE SYSTEMS	COM	00724F101	244	1,877	SH		SOLE		0	0	1,877
AETNA	COM	00817Y108	616	4,833	SH		SOLE		0	0	4,833
AFLAC	COM	001055102	1,187	16,400	SH		SOLE		0	0	16,400
AGNC INVT CORP COM	COM	00123Q104	370	18,649	SH		SOLE		0	0	18,649
AIR PRODUCTS & CHEMICALS	COM	009158106	1,603	11,850	SH		SOLE		0	0	11,850
AIRTRONA INTL INC COM	COM	00950T106	0	70,000	SH		SOLE		0	0	70,000
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	763	10,091	SH		SOLE		0	0	10,091
ALLERGAN PLC SHS	COM	G0177J108	950	3,980	SH		SOLE		0	0	3,980
ALLSTATE CORP	COM	020002101	313	3,847	SH		SOLE		0	0	3,847
ALPHABET INC CAP STK CL A	COM	02079K305	4,310	5,084	SH		SOLE		0	0	5,084
ALPHABET INC CAP STK CL C	COM	02079K107	4,951	5,969	SH		SOLE		0	0	5,969
ALTRIA GROUP	COM	02209S103	11,471	160,625	SH		SOLE		0	0	160,625
AMAZON	COM	023135106	8,613	9,716	SH		SOLE		0	0	9,716
AMERICAN ELECTRIC POWER	COM	025537101	1,559	23,226	SH		SOLE		0	0	23,226
AMERICAN EXPRESS	COM	025816109	1,791	22,650	SH		SOLE		0	0	22,650
AMERICAN INTL GROUP COM NEW	COM	026874784	4,747	76,040	SH		SOLE		0	0	76,040
AMERICAN STATES WATER	COM	029899101	742	16,750	SH		SOLE		0	0	16,750
AMERICAN WTR WKS CO IN COM	COM	030420103	1,020	13,125	SH		SOLE		0	0	13,125
AMGEN	COM	031162100	1,718	10,474	SH		SOLE		0	0	10,474
ANADARKO PETROLEUM	COM	032511107	405	6,540	SH		SOLE		0	0	6,540
APACHE	COM	037411105	549	10,701	SH		SOLE		0	0	10,701
APPLE COMPUTER	COM	037833100	25,665	178,653	SH		SOLE		0	0	178,653
AQUA AMERICA	COM	03836W103	268	8,362	SH		SOLE		0	0	8,362
ARMOUR RESIDENTIAL REI COM NEW	COM	042315507	307	13,536	SH		SOLE		0	0	13,536
ASHLAND GLOBAL HLDGS I COM	COM	044186104	235	1,900	SH		SOLE		0	0	1,900
AT&T, INC.	COM	00206R102	7,677	184,777	SH		SOLE		0	0	184,777
ATMOS ENERGY	COM	049560105	510	6,469	SH		SOLE		0	0	6,469
AUTOMATIC DATA PROCESSING	COM	053015103	452	4,424	SH		SOLE		0	0	4,424
BANK OF AMERICA	COM	060505104	650	27,575	SH		SOLE		0	0	27,575
BARD (C.R.) INC	COM	067383109	1,215	4,891	SH		SOLE		0	0	4,891
BAXTER INTERNATIONAL	COM	071813109	1,222	23,570	SH		SOLE		0	0	23,570
BECTON DICKINSON	COM	075887109	1,579	8,613	SH		SOLE		0	0	8,613
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	687	15,531	SH		SOLE		0	0	15,531
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	7,527	45,162	SH		SOLE		0	0	45,162
BIOTECHNOLOGY	COM	464287556	3,218	10,975	SH		SOLE		0	0	10,975
BLACK HILLS	COM	092113109	375	5,650	SH		SOLE		0	0	5,650
BOEING	COM	097023105	9,130	51,628	SH		SOLE		0	0	51,628
BRISTOL MYERS SQUIBB	COM	110122108	4,488	82,544	SH		SOLE		0	0	82,544
CALIFORNIA WATER SERVICE GROUP	COM	130788102	270	7,550	SH		SOLE		0	0	7,550
CANADIAN NATIONAL RAILWAY	COM	136375102	495	6,700	SH		SOLE		0	0	6,700
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,474	10,035	SH		SOLE		0	0	10,035
CARDINAL HEALTH	COM	14149Y108	258	3,168	SH		SOLE		0	0	3,168
CATERPILLAR	COM	149123101	1,287	13,877	SH		SOLE		0	0	13,877
CBS CL B	COM	124857202	782	11,285	SH		SOLE		0	0	11,285
CELGENE	COM	151020104	3,465	27,854	SH		SOLE		0	0	27,854
CENTENE CORP DEL COM	COM	15135B101	310	4,360	SH		SOLE		0	0	4,360
CENTERPOINT ENERGY	COM	15189t107	4,609	167,179	SH		SOLE		0	0	167,179
CHEVRON CORP	COM	166764100	5,306	49,422	SH		SOLE		0	0	49,422
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CHUBB CORP	COM	H1467J104	252	1,855	SH		SOLE		0	0	1,855
CIGNA	COM	125509109	1,918	13,095	SH		SOLE		0	0	13,095
CISCO SYSTEMS	COM	17275R102	1,613	47,741	SH		SOLE		0	0	47,741
CITIGROUP	COM	172967424	1,767	29,540	SH		SOLE		0	0	29,540
CLOROX COMPANY	COM	189054109	761	5,648	SH		SOLE		0	0	5,648
CMS ENERGY	COM	125896100	238	5,325	SH		SOLE		0	0	5,325
COCA COLA	COM	191216100	6,199	146,087	SH		SOLE		0	0	146,087
COLGATE PALMOLIVE	COM	194162103	2,492	34,060	SH		SOLE		0	0	34,060
COMCAST CORP CL A	COM	20030N101	3,437	91,439	SH		SOLE		0	0	91,439
CONOCOPHILLIPS	COM	20825C104	712	14,290	SH		SOLE		0	0	14,290
CONSOLIDATED EDISON	COM	209115104	2,230	28,723	SH		SOLE		0	0	28,723
CONSTELLATION BRANDS	COM	21036P108	363	2,240	SH		SOLE		0	0	2,240
CORNING	COM	219350105	281	10,440	SH		SOLE		0	0	10,440
COSTCO WHOLESALE	COM	22160K105	1,135	6,771	SH		SOLE		0	0	6,771
CSX	COM	126408103	2,551	54,809	SH		SOLE		0	0	54,809
CVS CORP	COM	126650100	824	10,504	SH		SOLE		0	0	10,504
DANAHER	COM	235851102	248	2,900	SH		SOLE		0	0	2,900
DAVITA	COM	23918K108	786	11,566	SH		SOLE		0	0	11,566
DJ SELECT DIVIDEND	COM	464287168	271	2,976	SH		SOLE		0	0	2,976
DJ US BASIC MATERIALS	COM	464287838	566	6,355	SH		SOLE		0	0	6,355
DJ US ENERGY	COM	464287796	490	12,736	SH		SOLE		0	0	12,736
DJ US HEALTHCARE	COM	464287762	7,384	47,427	SH		SOLE		0	0	47,427
DJ US HEALTHCARE PROVIDERS	COM	464288828	3,054	22,780	SH		SOLE		0	0	22,780
DJ US MEDICAL DEVICES	COM	464288810	2,079	13,733	SH		SOLE		0	0	13,733
DJ US TECHNOLOGY	COM	464287721	2,086	15,433	SH		SOLE		0	0	15,433
DJ US TRANSPORTATION	COM	464287192	236	1,440	SH		SOLE		0	0	1,440
DJ US UTILITIES SECTOR	COM	464287697	739	5,760	SH		SOLE		0	0	5,760
DOMINION RESOURCES	COM	25746U109	2,927	37,735	SH		SOLE		0	0	37,735
DOW CHEMICAL	COM	260543103	1,176	18,515	SH		SOLE		0	0	18,515
DTE ENERGY	COM	233331107	292	2,865	SH		SOLE		0	0	2,865
DU PONT	COM	263534109	4,947	61,593	SH		SOLE		0	0	61,593
DUKE ENERGY CORP NEW	COM	26441c204	3,047	37,163	SH		SOLE		0	0	37,163
DUKE REALTY INVESTMENTS	COM	264411505	493	18,801	SH		SOLE		0	0	18,801
EASTMAN CHEMICAL	COM	277432100	597	7,399	SH		SOLE		0	0	7,399
EATON CORP PLC SHS	COM	G29183103	237	3,200	SH		SOLE		0	0	3,200
EDISON INTERNATIONAL	COM	281020107	639	8,033	SH		SOLE		0	0	8,033
EDWARDS LIFESCIENCES	COM	28176E108	433	4,604	SH		SOLE		0	0	4,604
ELI LILLY	COM	532457108	1,688	20,071	SH		SOLE		0	0	20,071
EMERSON ELECTRIC	COM	291011104	817	13,655	SH		SOLE		0	0	13,655
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	281	14,275	SH		SOLE		0	0	14,275
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	4,174	151,185	SH		SOLE		0	0	151,185
EOG RESOURCES	COM	26875P101	497	5,096	SH		SOLE		0	0	5,096
ESTEE LAUDER CL A	COM	518439104	344	4,059	SH		SOLE		0	0	4,059
EVERSOURCE ENERGY COM	COM	30040W108	342	5,821	SH		SOLE		0	0	5,821
EXCHANGE TRADED CONCEP ROBO GL	COM	301505707	1,894	58,834	SH		SOLE		0	0	58,834
EXPRESS SCRIPTS	COM	30219g108	299	4,550	SH		SOLE		0	0	4,550
EXXON MOBIL	COM	30231G102	11,378	138,747	SH		SOLE		0	0	138,747
F M C CORP COM NEW	COM	302491303	292	4,200	SH		SOLE		0	0	4,200
FACEBOOK INC CL A	COM	30303M102	10,551	74,278	SH		SOLE		0	0	74,278
FEDEX	COM	31428x106	3,325	17,038	SH		SOLE		0	0	17,038
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	11,314	128,517	SH		SOLE		0	0	128,517
GENERAL DYNAMICS	COM	369550108	3,357	17,934	SH		SOLE		0	0	17,934
GENERAL ELECTRIC	COM	369604103	6,868	230,502	SH		SOLE		0	0	230,502
GENERAL MILLS	COM	370334104	2,918	49,450	SH		SOLE		0	0	49,450
GILEAD SCIENCES	COM	375558103	590	8,690	SH		SOLE		0	0	8,690
GLAXOSMITHKLINE ADR	COM	37733W105	236	5,600	SH		SOLE		0	0	5,600
GOLDMAN SACHS GROUP	COM	38141G104	1,227	5,345	SH		SOLE		0	0	5,345
GOLDMAN SACHS SOFTWARE	COM	464287515	407	3,220	SH		SOLE		0	0	3,220
GOLDMAN SACHS TECHNOLOGY	COM	464287549	258	1,870	SH		SOLE		0	0	1,870
HALLIBURTON	COM	406216101	434	8,828	SH		SOLE		0	0	8,828
HELMERICH & PAYNE	COM	423452101	259	3,900	SH		SOLE		0	0	3,900
HERSHEY COMPANY	COM	427866108	1,977	18,105	SH		SOLE		0	0	18,105
HOME DEPOT	COM	437076102	14,138	96,289	SH		SOLE		0	0	96,289
HONEYWELL INTERNATIONAL	COM	438516106	6,538	52,363	SH		SOLE		0	0	52,363
HUNTSMAN CORP COM	COM	447011107	294	12,000	SH		SOLE		0	0	12,000
IBM	COM	459200101	7,372	42,338	SH		SOLE		0	0	42,338
ILLINOIS TOOL WORKS	COM	452308109	404	3,050	SH		SOLE		0	0	3,050
INGERSOLL RAND	COM	G47791101	3,193	39,273	SH		SOLE		0	0	39,273
INTEL	COM	458140100	966	26,793	SH		SOLE		0	0	26,793
INTERNATIONAL PAPER	COM	460146103	2,236	44,034	SH		SOLE		0	0	44,034
ISHARES TR DJ OIL EQUIP	COM	464288844	225	5,356	SH		SOLE		0	0	5,356
ISHARES TR DJ PHARMA INDX	COM	464288836	4,500	29,818	SH		SOLE		0	0	29,818
ISHARES TR DJ US FINL SEC	COM	464287788	1,732	16,650	SH		SOLE		0	0	16,650
ISHARES TR DJ US REAL EST	COM	464287739	217	2,775	SH		SOLE		0	0	2,775
ISHARES TR HGH DIV EQT FD	COM	46429B663	221	2,645	SH		SOLE		0	0	2,645
ISHARES TR MSCI ACWI ETF	COM	464288257	366	5,800	SH		SOLE		0	0	5,800
ISHARES TR MSCI INDIA ETF	COM	46429B598	700	22,258	SH		SOLE		0	0	22,258
ISHARES TR RESIDENT INDEX	COM	464288562	458	7,257	SH		SOLE		0	0	7,257
ISHARES TR S&P GL C STAPL	COM	464288737	344	3,465	SH		SOLE		0	0	3,465
JOHNSON & JOHNSON	COM	478160104	12,995	104,342	SH		SOLE		0	0	104,342
JP MORGAN CHASE	COM	46625H100	9,526	108,448	SH		SOLE		0	0	108,448
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	1,844	57,100	SH		SOLE		0	0	57,100
KELLOGG	COM	487836108	442	6,100	SH		SOLE		0	0	6,100
KIMBERLY CLARK	COM	494368103	3,019	22,936	SH		SOLE		0	0	22,936
KINDER MORGAN	COM	49456B101	255	11,763	SH		SOLE		0	0	11,763
KRAFT HEINZ CO COM	COM	500754106	1,775	19,548	SH		SOLE		0	0	19,548
KROGER	COM	501044101	955	32,396	SH		SOLE		0	0	32,396
L3 TECHNOLOGIES INC COM	COM	502413107	1,045	6,325	SH		SOLE		0	0	6,325
LABORATORY CORP OF AMERICA	COM	50540R409	215	1,500	SH		SOLE		0	0	1,500
LAM RESEARCH	COM	512807108	770	6,000	SH		SOLE		0	0	6,000
LEAR CORP	COM	521865204	1,430	10,101	SH		SOLE		0	0	10,101
LOCKHEED MARTIN	COM	539830109	2,471	9,234	SH		SOLE		0	0	9,234
LOWES COMPANIES	COM	548661107	2,412	29,341	SH		SOLE		0	0	29,341
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	4,101	53,331	SH		SOLE		0	0	53,331
MASTERCARD INC COM	COM	57636Q104	1,391	12,376	SH		SOLE		0	0	12,376
MCCORMICK & CO INC COM NON VTG	COM	579780206	785	8,050	SH		SOLE		0	0	8,050
MCDONALDS	COM	580135101	6,886	53,135	SH		SOLE		0	0	53,135
MCKESSON	COM	58155Q103	1,174	7,925	SH		SOLE		0	0	7,925
MEDTRONIC	COM	G5960L103	306	3,800	SH		SOLE		0	0	3,800
MERCK & CO INC NEW COM	COM	58933Y105	3,020	47,535	SH		SOLE		0	0	47,535
MGE ENERGY INC COM	COM	55277P104	346	5,325	SH		SOLE		0	0	5,325
MICROSOFT	COM	594918104	4,927	74,816	SH		SOLE		0	0	74,816
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	249	2,450	SH		SOLE		0	0	2,450
MIDDLESEX WATER	COM	596680108	280	7,600	SH		SOLE		0	0	7,600
MIMEDX GROUP INC COM	COM	602496101	216	22,700	SH		SOLE		0	0	22,700
MMM (3M COMPANY)	COM	88579Y101	11,340	59,270	SH		SOLE		0	0	59,270
MONDELEZ INTL INC CL A	COM	609207105	452	10,495	SH		SOLE		0	0	10,495
MSCI EAFE	COM	464287465	2,343	37,625	SH		SOLE		0	0	37,625
MSCI EMERGING MARKET	COM	464287234	1,061	26,950	SH		SOLE		0	0	26,950
NETFLIX	COM	64110L106	589	3,991	SH		SOLE		0	0	3,991
NEXTERA ENERGY INC COM	COM	65339F101	875	6,819	SH		SOLE		0	0	6,819
NORFOLK SOUTHERN	COM	655844108	1,340	11,970	SH		SOLE		0	0	11,970
NORTHROP GRUMMAN	COM	666807102	923	3,882	SH		SOLE		0	0	3,882
NOVARTIS AG ADR	COM	66987V109	904	12,173	SH		SOLE		0	0	12,173
OCCIDENTAL PETROLEUM	COM	674599105	472	7,459	SH		SOLE		0	0	7,459
ORACLE	COM	68389X105	841	18,860	SH		SOLE		0	0	18,860
OSI SYSTEMS INC COM	COM	671044105	1,407	19,290	SH		SOLE		0	0	19,290
OWENS CORNING NEW COM	COM	690742101	392	6,400	SH		SOLE		0	0	6,400
PEPSICO	COM	713448108	6,561	58,658	SH		SOLE		0	0	58,658
PFIZER	COM	717081103	2,112	61,760	SH		SOLE		0	0	61,760
PG & E	COM	69331C108	305	4,600	SH		SOLE		0	0	4,600
PHILIP MORRIS INTL INC COM	COM	718172109	2,950	26,134	SH		SOLE		0	0	26,134
PHILIPS ELECTRONICS (KONINKLIJ	COM	500472303	414	12,900	SH		SOLE		0	0	12,900
PIONEER NATURAL RESOURCES	COM	723787107	20,503	110,100	SH		SOLE		0	0	110,100
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	232	7,362	SH		SOLE		0	0	7,362
PORTLAND GEN ELEC CO COM NEW	COM	736508847	299	6,750	SH		SOLE		0	0	6,750
POWERSHARES ETF TRUST CON STAP	COM	73935X393	655	11,115	SH		SOLE		0	0	11,115
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	521	13,358	SH		SOLE		0	0	13,358
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	16,796	126,881	SH		SOLE		0	0	126,881
PPG INDUSTRIES	COM	693506107	656	6,250	SH		SOLE		0	0	6,250
PPL	COM	69351T106	455	12,185	SH		SOLE		0	0	12,185
PREFERRED APT CMNTYS COM	COM	74039L103	180	13,700	SH		SOLE		0	0	13,700
PREMIER LASER SYS INC CL A	COM	740522107	0	10,400	SH		SOLE		0	0	10,400
PROCTER & GAMBLE	COM	742718109	8,689	96,712	SH		SOLE		0	0	96,712
PRUDENTIAL FINANCIAL	COM	744320102	649	6,091	SH		SOLE		0	0	6,091
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,811	40,838	SH		SOLE		0	0	40,838
RAYTHEON	COM	755111507	1,304	8,552	SH		SOLE		0	0	8,552
REALTY INCOME CORP COM	COM	756109104	218	3,675	SH		SOLE		0	0	3,675
REYNOLDS AMERICAN	COM	761713106	582	9,249	SH		SOLE		0	0	9,249
ROCKWELL AUTOMATION	COM	773903109	1,195	7,680	SH		SOLE		0	0	7,680
ROCKWELL COLLINS INC COM	COM	774341101	563	5,800	SH		SOLE		0	0	5,800
ROPER INDUSTRIES	COM	776696106	743	3,600	SH		SOLE		0	0	3,600
ROYAL DUTCH CL A ADR NEW	COM	780259206	501	9,506	SH		SOLE		0	0	9,506
RUSSELL 2000 GROWTH	COM	464287648	638	3,949	SH		SOLE		0	0	3,949
RUSSELL MIDCAP GROWTH	COM	464287481	1,077	10,386	SH		SOLE		0	0	10,386
SALESFORCE COM INC COM	COM	79466L302	1,088	13,200	SH		SOLE		0	0	13,200
SCANA	COM	80589M102	278	4,254	SH		SOLE		0	0	4,254
SCHLUMBERGER	COM	806857108	3,309	42,380	SH		SOLE		0	0	42,380
SEAGATE TECHNOLOGY PLC SHS	COM	G7945M107	281	6,125	SH		SOLE		0	0	6,125
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	5,827	66,260	SH		SOLE		0	0	66,260
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	5,197	95,223	SH		SOLE		0	0	95,223
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	13,784	580,897	SH		SOLE		0	0	580,897
SIEMENS A G SPONSORED ADR	COM	826197501	1,698	24,800	SH		SOLE		0	0	24,800
SIMON PROPERTY	COM	828806109	375	2,181	SH		SOLE		0	0	2,181
SMUCKER JM	COM	832696405	275	2,100	SH		SOLE		0	0	2,100
SOUTH JERSEY INDUSTRIES	COM	838518108	237	6,650	SH		SOLE		0	0	6,650
SOUTHERN COMPANY	COM	842587107	1,557	31,295	SH		SOLE		0	0	31,295
SP 500 GROWTH	COM	464287309	315	2,399	SH		SOLE		0	0	2,399
SP 500 VALUE	COM	464287408	650	6,250	SH		SOLE		0	0	6,250
SPDR DOW JONES INDL AV UT SER	COM	78467X109	8,990	43,571	SH		SOLE		0	0	43,571
SPDR ENERGY	COM	81369Y506	2,686	38,433	SH		SOLE		0	0	38,433
SPDR HEALTH CARE	COM	81369y209	14,941	200,937	SH		SOLE		0	0	200,937
SPDR INDEX SHS FDS EURO STOXX	COM	78463X202	467	12,850	SH		SOLE		0	0	12,850
SPDR INDUSTRIAL SECTOR	COM	81369y704	7,611	116,999	SH		SOLE		0	0	116,999
SPDR MATERIALS SECTOR	COM	81369y100	2,215	42,264	SH		SOLE		0	0	42,264
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	1,686	24,325	SH		SOLE		0	0	24,325
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	438	10,390	SH		SOLE		0	0	10,390
SPDR SP500 TRUST SR 1	COM	78462F103	16,122	68,389	SH		SOLE		0	0	68,389
SPDR UTILITIES SELECT	COM	81369Y886	3,261	63,559	SH		SOLE		0	0	63,559
STANLEY BLACK & DECKER COM	COM	854502101	455	3,425	SH		SOLE		0	0	3,425
STARBUCKS	COM	855244109	4,679	80,135	SH		SOLE		0	0	80,135
STREETTRACKS GOLD SHARES	COM	78463v107	3,102	26,132	SH		SOLE		0	0	26,132
STREETTRACKS INDEX SHS DJ STOX	COM	78463X103	1,012	31,500	SH		SOLE		0	0	31,500
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	2,019	29,350	SH		SOLE		0	0	29,350
STRYKER	COM	863667101	3,695	28,070	SH		SOLE		0	0	28,070
SYSCO	COM	871829107	308	5,950	SH		SOLE		0	0	5,950
T-MOBILE US INC COM	COM	872590104	1,858	28,770	SH		SOLE		0	0	28,770
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	4,376	82,102	SH		SOLE		0	0	82,102
TIME WARNER	COM	887317303	519	5,318	SH		SOLE		0	0	5,318
TITAN MED INC COM	COM	88830X108	2	10,450	SH		SOLE		0	0	10,450
TRANSENTERIX INC COM NEW	COM	89366M201	42	35,000	SH		SOLE		0	0	35,000
TRINSEO S A SHS	COM	L9340P101	523	7,800	SH		SOLE		0	0	7,800
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	1,894	64,920	SH		SOLE		0	0	64,920
UGI CORP	COM	902681105	705	14,275	SH		SOLE		0	0	14,275
UNION PACIFIC	COM	907818108	4,822	45,534	SH		SOLE		0	0	45,534
UNITED PARCEL SERVICE CL B	COM	911312106	5,406	50,383	SH		SOLE		0	0	50,383
UNITED TECHNOLOGIES	COM	913017109	9,836	87,657	SH		SOLE		0	0	87,657
UNITEDHEALTH GROUP	COM	91324P102	1,633	9,961	SH		SOLE		0	0	9,961
URBAN EDGE PPTYS COM	COM	91704F104	324	12,350	SH		SOLE		0	0	12,350
VANECK VECTORS ETF TR AGRIBUSI	COM	92189F700	603	11,300	SH		SOLE		0	0	11,300
VANECK VECTORS ETF TR BIOTECH	COM	92189F726	5,800	48,723	SH		SOLE		0	0	48,723
VANGUARD EMERGING MARKETS VIPE	COM	922042858	204	5,152	SH		SOLE		0	0	5,152
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	283	2,332	SH		SOLE		0	0	2,332
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	821	17,179	SH		SOLE		0	0	17,179
VANGUARD SPECIALIZED DIV APP E	COM	921908844	205	2,282	SH		SOLE		0	0	2,282
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	3,473	36,611	SH		SOLE		0	0	36,611
VANGUARD VALUE ETF	COM	922908744	206	2,166	SH		SOLE		0	0	2,166
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,378	10,000	SH		SOLE		0	0	10,000
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	11,945	88,075	SH		SOLE		0	0	88,075
VERIZON COMMUNICATIONS	COM	92343V104	11,781	241,668	SH		SOLE		0	0	241,668
VISA INC COM CL A	COM	92826C839	7,116	80,079	SH		SOLE		0	0	80,079
VODAFONE GROUP PLC ADR	COM	92857W308	348	13,195	SH		SOLE		0	0	13,195
WAL-MART STORES	COM	931142103	1,768	24,532	SH		SOLE		0	0	24,532
WALGREENS BOOTS ALLIAN COM	COM	931427108	1,328	16,000	SH		SOLE		0	0	16,000
WALKER INNOVATION INC COM	COM	931661102	4	10,000	SH		SOLE		0	0	10,000
WALT DISNEY	COM	254687106	12,354	108,957	SH		SOLE		0	0	108,957
WASHINGTON TRUST BANCORP	COM	940610108	200	4,074	SH		SOLE		0	0	4,074
WEC ENERGY GROUP INC COM	COM	92939U106	320	5,292	SH		SOLE		0	0	5,292
WELLS FARGO	COM	949746101	1,127	20,257	SH		SOLE		0	0	20,257
WESTAR ENERGY	COM	95709T100	477	8,800	SH		SOLE		0	0	8,800
WHIRLPOOL	COM	963320106	555	3,240	SH		SOLE		0	0	3,240
WHOLE FOODS MKT INC COM	COM	966837106	612	20,600	SH		SOLE		0	0	20,600
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	756	10,760	SH		SOLE		0	0	10,760
WORTHINGTON INDUSTRIES	COM	981811102	293	6,500	SH		SOLE		0	0	6,500
XYLEM INC COM	COM	98419M100	850	16,945	SH		SOLE		0	0	16,945
ZIMMER BIOMET HLDGS IN COM	COM	98956P102	254	2,085	SH		SOLE		0	0	2,085
CONSULTING GRP CAP MKT HI YLD	MF	210474839	51	13,339	SH		SOLE		0	0	13,339