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
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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
BP PLC ADR	ADR	055622104	309	7,070	SH		SOLE		0	0	7,070
DIAGEO ADR	ADR	25243Q205	671	4,105	SH		SOLE		0	0	4,105
ENSCO PLC SHS CLASS A	ADR	G3157S106	48	12,250	SH		SOLE		0	0	12,250
GLAXOSMITHKLINE ADR	ADR	37733W105	205	4,925	SH		SOLE		0	0	4,925
NESTLE S A SPONSORED ADR	ADR	641069406	5,019	52,657	SH		SOLE		0	0	52,657
NOVARTIS AG ADR	ADR	66987V109	681	7,085	SH		SOLE		0	0	7,085
PHILIPS ELECTRONICS (KONINKLIJ	ADR	500472303	410	10,050	SH		SOLE		0	0	10,050
ROYAL DUTCH CL A ADR NEW	ADR	780259206	718	11,483	SH		SOLE		0	0	11,483
SIEMENS A G SPONSORED ADR	ADR	826197501	848	15,787	SH		SOLE		0	0	15,787
UNILEVER PLC ADR	ADR	904767704	1,126	19,513	SH		SOLE		0	0	19,513
ABBOTT LABORATORIES	COM	002824100	1,876	23,475	SH		SOLE		0	0	23,475
ABBVIE INC. COM	COM	00287Y109	571	7,091	SH		SOLE		0	0	7,091
AFLAC	COM	001055102	2,002	40,055	SH		SOLE		0	0	40,055
AIR PRODUCTS & CHEMICALS	COM	009158106	1,886	9,880	SH		SOLE		0	0	9,880
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	811	8,941	SH		SOLE		0	0	8,941
ALLERGAN PLC SHS	COM	G0177J108	393	2,689	SH		SOLE		0	0	2,689
ALLSTATE CORP	COM	020002101	223	2,375	SH		SOLE		0	0	2,375
ALPHABET INC CAP STK CL A	COM	02079K305	4,591	3,901	SH		SOLE		0	0	3,901
ALPHABET INC CAP STK CL C	COM	02079K107	5,809	4,951	SH		SOLE		0	0	4,951
ALTRIA GROUP	COM	02209S103	7,419	129,187	SH		SOLE		0	0	129,187
AMAZON	COM	023135106	16,452	9,239	SH		SOLE		0	0	9,239
AMERICAN ELECTRIC POWER	COM	025537101	1,522	18,185	SH		SOLE		0	0	18,185
AMERICAN EXPRESS	COM	025816109	2,253	20,614	SH		SOLE		0	0	20,614
AMERICAN INTL GROUP COM NEW	COM	026874784	2,020	46,917	SH		SOLE		0	0	46,917
AMERICAN STATES WATER	COM	029899101	852	11,950	SH		SOLE		0	0	11,950
AMERICAN TOWER REIT COM	COM	03027X100	354	1,800	SH		SOLE		0	0	1,800
AMERICAN WTR WKS CO IN COM	COM	030420103	1,812	17,380	SH		SOLE		0	0	17,380
AMGEN	COM	031162100	1,922	10,119	SH		SOLE		0	0	10,119
ANADARKO PETROLEUM	COM	032511107	204	4,500	SH		SOLE		0	0	4,500
ANTHEM INC COM	COM	036752103	200	700	SH		SOLE		0	0	700
APPLE COMPUTER	COM	037833100	29,556	155,601	SH		SOLE		0	0	155,601
AQUA AMERICA	COM	03836W103	708	19,442	SH		SOLE		0	0	19,442
AT&T, INC.	COM	00206R102	4,006	127,749	SH		SOLE		0	0	127,749
ATLASSIAN CORP PLC CL A	COM	G06242104	303	2,700	SH		SOLE		0	0	2,700
ATMOS ENERGY	COM	049560105	377	3,669	SH		SOLE		0	0	3,669
AUTOMATIC DATA PROCESSING	COM	053015103	591	3,706	SH		SOLE		0	0	3,706
BANK OF AMERICA	COM	060505104	1,824	66,131	SH		SOLE		0	0	66,131
BAXTER INTERNATIONAL	COM	071813109	1,601	19,701	SH		SOLE		0	0	19,701
BECTON DICKINSON	COM	075887109	1,841	7,374	SH		SOLE		0	0	7,374
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	335	7,550	SH		SOLE		0	0	7,550
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	10,348	51,515	SH		SOLE		0	0	51,515
BLACK HILLS	COM	092113109	379	5,120	SH		SOLE		0	0	5,120
BOEING	COM	097023105	13,410	35,160	SH		SOLE		0	0	35,160
BRISTOL MYERS SQUIBB	COM	110122108	2,582	54,119	SH		SOLE		0	0	54,119
CALIFORNIA WATER SERVICE GROUP	COM	130788102	271	5,000	SH		SOLE		0	0	5,000
CANADIAN NATIONAL RAILWAY	COM	136375102	413	4,625	SH		SOLE		0	0	4,625
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,527	7,415	SH		SOLE		0	0	7,415
CATERPILLAR	COM	149123101	1,599	11,805	SH		SOLE		0	0	11,805
CELGENE	COM	151020104	1,751	18,571	SH		SOLE		0	0	18,571
CENTENE CORP DEL COM	COM	15135B101	358	6,760	SH		SOLE		0	0	6,760
CHEVRON CORP	COM	166764100	6,064	49,235	SH		SOLE		0	0	49,235
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CHUBB CORP	COM	H1467J104	209	1,497	SH		SOLE		0	0	1,497
CIGNA	COM	125523100	1,646	10,239	SH		SOLE		0	0	10,239
CISCO SYSTEMS	COM	17275R102	2,726	50,492	SH		SOLE		0	0	50,492
CITIGROUP	COM	172967424	2,182	35,084	SH		SOLE		0	0	35,084
CLOROX COMPANY	COM	189054109	903	5,633	SH		SOLE		0	0	5,633
CMS ENERGY	COM	125896100	244	4,400	SH		SOLE		0	0	4,400
COCA COLA	COM	191216100	5,667	120,941	SH		SOLE		0	0	120,941
COLGATE PALMOLIVE	COM	194162103	1,455	21,242	SH		SOLE		0	0	21,242
COMCAST CORP CL A	COM	20030N101	2,838	70,988	SH		SOLE		0	0	70,988
CONOCOPHILLIPS	COM	20825C104	806	12,090	SH		SOLE		0	0	12,090
CONSOLIDATED EDISON	COM	209115104	1,809	21,341	SH		SOLE		0	0	21,341
CONSTELLATION BRANDS	COM	21036P108	355	2,025	SH		SOLE		0	0	2,025
CORNING	COM	219350105	421	12,725	SH		SOLE		0	0	12,725
COSTCO WHOLESALE	COM	22160K105	739	3,055	SH		SOLE		0	0	3,055
CSX	COM	126408103	3,927	52,488	SH		SOLE		0	0	52,488
CVS CORP	COM	126650100	203	3,769	SH		SOLE		0	0	3,769
DANAHER	COM	235851102	380	2,883	SH		SOLE		0	0	2,883
DOMINION RESOURCES	COM	25746U109	2,346	30,606	SH		SOLE		0	0	30,606
DOWDUPONT INC COM	COM	26078J100	4,581	85,941	SH		SOLE		0	0	85,941
DTE ENERGY	COM	233331107	201	1,615	SH		SOLE		0	0	1,615
DUKE ENERGY CORP NEW	COM	26441c204	2,629	29,214	SH		SOLE		0	0	29,214
DUKE REALTY INVESTMENTS	COM	264411505	497	16,270	SH		SOLE		0	0	16,270
EASTMAN CHEMICAL	COM	277432100	509	6,715	SH		SOLE		0	0	6,715
EATON CORP PLC SHS	COM	G29183103	205	2,550	SH		SOLE		0	0	2,550
EDISON INTERNATIONAL	COM	281020107	208	3,366	SH		SOLE		0	0	3,366
EDWARDS LIFESCIENCES	COM	28176E108	676	3,535	SH		SOLE		0	0	3,535
ELI LILLY	COM	532457108	2,211	17,044	SH		SOLE		0	0	17,044
EMERSON ELECTRIC	COM	291011104	937	13,698	SH		SOLE		0	0	13,698
ENERGY TRANSFER LP COM UT LTD	COM	29273V100	185	12,061	SH		SOLE		0	0	12,061
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	2,064	70,954	SH		SOLE		0	0	70,954
EOG RESOURCES	COM	26875P101	325	3,424	SH		SOLE		0	0	3,424
ESTEE LAUDER CL A	COM	518439104	222	1,342	SH		SOLE		0	0	1,342
EVERGY INC COM	COM	30034W106	386	6,650	SH		SOLE		0	0	6,650
EVERSOURCE ENERGY COM	COM	30040W108	287	4,058	SH		SOLE		0	0	4,058
EXXON MOBIL	COM	30231G102	9,518	117,800	SH		SOLE		0	0	117,800
F M C CORP COM NEW	COM	302491303	218	2,850	SH		SOLE		0	0	2,850
FACEBOOK INC CL A	COM	30303M102	10,863	65,171	SH		SOLE		0	0	65,171
FEDEX	COM	31428x106	3,208	17,688	SH		SOLE		0	0	17,688
GENERAL DYNAMICS	COM	369550108	2,718	16,059	SH		SOLE		0	0	16,059
GENERAL MILLS	COM	370334104	1,160	22,425	SH		SOLE		0	0	22,425
GILEAD SCIENCES	COM	375558103	233	3,585	SH		SOLE		0	0	3,585
GOLDMAN SACHS GROUP	COM	38141G104	1,026	5,345	SH		SOLE		0	0	5,345
HERSHEY COMPANY	COM	427866108	1,579	13,758	SH		SOLE		0	0	13,758
HOME DEPOT	COM	437076102	10,283	53,588	SH		SOLE		0	0	53,588
HONEYWELL INTERNATIONAL	COM	438516106	6,877	43,277	SH		SOLE		0	0	43,277
HUNTSMAN CORP COM	COM	447011107	264	11,750	SH		SOLE		0	0	11,750
IBM	COM	459200101	3,891	27,576	SH		SOLE		0	0	27,576
ILLINOIS TOOL WORKS	COM	452308109	369	2,575	SH		SOLE		0	0	2,575
INGERSOLL RAND	COM	G47791101	3,735	34,605	SH		SOLE		0	0	34,605
INTEL	COM	458140100	1,637	30,484	SH		SOLE		0	0	30,484
INTERNATIONAL PAPER	COM	460146103	1,518	32,817	SH		SOLE		0	0	32,817
INTUITIVE SURGICAL	COM	46120E602	1,594	2,795	SH		SOLE		0	0	2,795
JOHNSON & JOHNSON	COM	478160104	12,596	90,108	SH		SOLE		0	0	90,108
JP MORGAN CHASE	COM	46625H100	10,082	99,598	SH		SOLE		0	0	99,598
KANSAS CITY SOUTHERN	COM	485170302	287	2,475	SH		SOLE		0	0	2,475
KIMBERLY CLARK	COM	494368103	1,602	12,936	SH		SOLE		0	0	12,936
KROGER	COM	501044101	591	24,040	SH		SOLE		0	0	24,040
L3 TECHNOLOGIES INC COM	COM	502413107	653	3,165	SH		SOLE		0	0	3,165
LAM RESEARCH	COM	512807108	805	4,500	SH		SOLE		0	0	4,500
LOCKHEED MARTIN	COM	539830109	2,599	8,659	SH		SOLE		0	0	8,659
LOWES COMPANIES	COM	548661107	2,679	24,474	SH		SOLE		0	0	24,474
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	1,721	28,392	SH		SOLE		0	0	28,392
MASTERCARD INC COM	COM	57636Q104	2,840	12,065	SH		SOLE		0	0	12,065
MCCORMICK & CO INC COM NON VTG	COM	579780206	440	2,925	SH		SOLE		0	0	2,925
MCDONALDS	COM	580135101	7,864	41,412	SH		SOLE		0	0	41,412
MCKESSON	COM	58155Q103	538	4,600	SH		SOLE		0	0	4,600
MEDTRONIC	COM	G5960L103	325	3,575	SH		SOLE		0	0	3,575
MERCK & CO INC NEW COM	COM	58933Y105	4,497	54,076	SH		SOLE		0	0	54,076
METTLER TOLEDO INTL	COM	592688105	216	300	SH		SOLE		0	0	300
MICROSOFT	COM	594918104	10,280	87,163	SH		SOLE		0	0	87,163
MIDDLESEX WATER	COM	596680108	372	6,650	SH		SOLE		0	0	6,650
MIMEDX GROUP INC COM	COM	602496101	79	22,700	SH		SOLE		0	0	22,700
MMM (3M COMPANY)	COM	88579Y101	9,640	46,398	SH		SOLE		0	0	46,398
MONDELEZ INTL INC CL A	COM	609207105	395	7,925	SH		SOLE		0	0	7,925
MYOS RENS TECHNOLOGY I COM	COM	62857P108	32	20,595	SH		SOLE		0	0	20,595
NETFLIX	COM	64110L106	2,147	6,023	SH		SOLE		0	0	6,023
NEW JERSEY RESOURCES	COM	646025106	424	8,520	SH		SOLE		0	0	8,520
NEXTERA ENERGY INC COM	COM	65339F101	863	4,468	SH		SOLE		0	0	4,468
NIKE	COM	654106103	1,336	15,875	SH		SOLE		0	0	15,875
NORFOLK SOUTHERN	COM	655844108	1,718	9,193	SH		SOLE		0	0	9,193
NORTHERN TRUST	COM	665859104	245	2,720	SH		SOLE		0	0	2,720
NORTHROP GRUMMAN	COM	666807102	880	3,267	SH		SOLE		0	0	3,267
OCCIDENTAL PETROLEUM	COM	674599105	321	4,853	SH		SOLE		0	0	4,853
ORACLE	COM	68389X105	3,870	72,070	SH		SOLE		0	0	72,070
PEPSICO	COM	713448108	5,999	48,952	SH		SOLE		0	0	48,952
PFIZER	COM	717081103	2,300	54,157	SH		SOLE		0	0	54,157
PHILIP MORRIS INTL INC COM	COM	718172109	1,546	17,493	SH		SOLE		0	0	17,493
PIONEER NATURAL RESOURCES	COM	723787107	985	6,470	SH		SOLE		0	0	6,470
PORTLAND GEN ELEC CO COM NEW	COM	736508847	303	5,850	SH		SOLE		0	0	5,850
PPG INDUSTRIES	COM	693506107	632	5,600	SH		SOLE		0	0	5,600
PPL	COM	69351T106	263	8,293	SH		SOLE		0	0	8,293
PROCTER & GAMBLE	COM	742718109	8,278	79,565	SH		SOLE		0	0	79,565
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,998	33,636	SH		SOLE		0	0	33,636
RAYTHEON	COM	755111507	1,280	7,033	SH		SOLE		0	0	7,033
REALTY INCOME CORP COM	COM	756109104	226	3,075	SH		SOLE		0	0	3,075
ROCKWELL AUTOMATION	COM	773903109	747	4,260	SH		SOLE		0	0	4,260
ROPER INDUSTRIES	COM	776696106	1,231	3,600	SH		SOLE		0	0	3,600
SALESFORCE COM INC COM	COM	79466L302	3,286	20,754	SH		SOLE		0	0	20,754
SCHLUMBERGER	COM	806857108	905	20,783	SH		SOLE		0	0	20,783
SEAGATE TECHNOLOGY PLC SHS	COM	G7945M107	243	5,075	SH		SOLE		0	0	5,075
SIMON PROPERTY	COM	828806109	219	1,205	SH		SOLE		0	0	1,205
SOUTHERN COMPANY	COM	842587107	1,219	23,601	SH		SOLE		0	0	23,601
STANLEY BLACK & DECKER COM	COM	854502101	386	2,839	SH		SOLE		0	0	2,839
STARBUCKS	COM	855244109	252	3,400	SH		SOLE		0	0	3,400
STRYKER	COM	863667101	6,288	31,835	SH		SOLE		0	0	31,835
UGI CORP	COM	902681105	562	10,150	SH		SOLE		0	0	10,150
UNION PACIFIC	COM	907818108	5,453	32,618	SH		SOLE		0	0	32,618
UNITED PARCEL SERVICE CL B	COM	911312106	4,554	40,756	SH		SOLE		0	0	40,756
UNITED TECHNOLOGIES	COM	913017109	9,388	72,840	SH		SOLE		0	0	72,840
UNITEDHEALTH GROUP	COM	91324P102	3,013	12,187	SH		SOLE		0	0	12,187
VERIZON COMMUNICATIONS	COM	92343V104	11,592	196,056	SH		SOLE		0	0	196,056
VISA INC COM CL A	COM	92826C839	11,766	75,336	SH		SOLE		0	0	75,336
WAL-MART STORES	COM	931142103	2,262	23,196	SH		SOLE		0	0	23,196
WALT DISNEY	COM	254687106	9,118	82,124	SH		SOLE		0	0	82,124
WEC ENERGY GROUP INC COM	COM	92939U106	315	3,993	SH		SOLE		0	0	3,993
WELLS FARGO	COM	949746101	656	13,579	SH		SOLE		0	0	13,579
XYLEM INC COM	COM	98419M100	606	7,675	SH		SOLE		0	0	7,675
ALPS ETF TR MED BREAKTHGH	COM	00162Q593	267	7,400	SH		SOLE		0	0	7,400
DJ SELECT DIVIDEND	COM	464287168	247	2,522	SH		SOLE		0	0	2,522
DJ US BASIC MATERIALS	COM	464287838	243	2,665	SH		SOLE		0	0	2,665
DJ US ENERGY	COM	464287796	307	8,544	SH		SOLE		0	0	8,544
DJ US HEALTHCARE	COM	464287762	7,166	36,982	SH		SOLE		0	0	36,982
DJ US HEALTHCARE PROVIDERS	COM	464288828	3,462	20,625	SH		SOLE		0	0	20,625
DJ US MEDICAL DEVICES	COM	464288810	2,745	11,860	SH		SOLE		0	0	11,860
DJ US TECHNOLOGY	COM	464287721	1,816	9,530	SH		SOLE		0	0	9,530
DJ US TRANSPORTATION	COM	464287192	229	1,225	SH		SOLE		0	0	1,225
DJ US UTILITIES SECTOR	COM	464287697	657	4,460	SH		SOLE		0	0	4,460
EXCHANGE TRADED CONCEP ROBO GL	COM	301505707	2,391	61,750	SH		SOLE		0	0	61,750
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	12,840	92,442	SH		SOLE		0	0	92,442
FIRST TR ISE WTR INDEX COM ETF	COM	33733B100	204	4,000	SH		SOLE		0	0	4,000
GOLDMAN SACHS SOFTWARE	COM	464287515	600	2,850	SH		SOLE		0	0	2,850
GOLDMAN SACHS TECHNOLOGY	COM	464287549	325	1,580	SH		SOLE		0	0	1,580
INVESCO EXCHANGE TRADE DWA ENE	COM	46137V878	336	10,449	SH		SOLE		0	0	10,449
INVESCO EXCHANGE TRADE DWA STA	COM	46137V886	707	9,975	SH		SOLE		0	0	9,975
INVESCO EXCHANGE TRADE NASDAQ	COM	46137V530	220	1,635	SH		SOLE		0	0	1,635
INVESCO QQQ TR UNIT SER 1	COM	46090E103	18,613	103,605	SH		SOLE		0	0	103,605
ISHARES INC MSCI JPN ETF NEW	COM	46434G822	951	17,380	SH		SOLE		0	0	17,380
ISHARES TR DJ PHARMA INDX	COM	464288836	3,842	24,956	SH		SOLE		0	0	24,956
ISHARES TR DJ US FINL SEC	COM	464287788	1,721	14,570	SH		SOLE		0	0	14,570
ISHARES TR HGH DIV EQT FD	COM	46429B663	214	2,300	SH		SOLE		0	0	2,300
ISHARES TR MSCI ACWI EX	COM	464288240	205	4,450	SH		SOLE		0	0	4,450
ISHARES TR MSCI INDIA ETF	COM	46429B598	1,605	45,550	SH		SOLE		0	0	45,550
ISHARES TR NASDAQ BIOTECH	COM	464287556	2,907	26,005	SH		SOLE		0	0	26,005
ISHARES TR RESIDENT INDEX	COM	464288562	411	5,821	SH		SOLE		0	0	5,821
ISHARES TR S&P 500 INDEX	COM	464287200	532	1,870	SH		SOLE		0	0	1,870
ISHARES TR S&P GL C STAPL	COM	464288737	354	6,850	SH		SOLE		0	0	6,850
ISHARES TR S&P GLO INFRAS	COM	464288372	1,206	26,922	SH		SOLE		0	0	26,922
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	629	24,675	SH		SOLE		0	0	24,675
MSCI BRAZIL	COM	464286400	217	5,295	SH		SOLE		0	0	5,295
MSCI EAFE	COM	464287465	3,643	56,178	SH		SOLE		0	0	56,178
MSCI EMERGING MARKET	COM	464287234	1,285	29,955	SH		SOLE		0	0	29,955
MSCI SOUTH KOREA	COM	464286772	319	5,245	SH		SOLE		0	0	5,245
PROSHARES TR SHORT S&P 500 NE	COM	74347B425	221	8,000	SH		SOLE		0	0	8,000
RUSSELL 2000	COM	464287655	620	4,051	SH		SOLE		0	0	4,051
RUSSELL 2000 GROWTH	COM	464287648	550	2,799	SH		SOLE		0	0	2,799
RUSSELL MIDCAP GROWTH	COM	464287481	1,066	7,862	SH		SOLE		0	0	7,862
SELECT SECTOR SPDR TR COMMUNIC	COM	81369Y852	3,890	83,175	SH		SOLE		0	0	83,175
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	17,142	150,566	SH		SOLE		0	0	150,566
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	6,270	111,752	SH		SOLE		0	0	111,752
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	12,345	480,176	SH		SOLE		0	0	480,176
SP 400 MIDCAP	COM	464287507	388	2,050	SH		SOLE		0	0	2,050
SP 500 GROWTH	COM	464287309	387	2,251	SH		SOLE		0	0	2,251
SPDR DOW JONES INDL AV UT SER	COM	78467X109	6,064	23,403	SH		SOLE		0	0	23,403
SPDR ENERGY	COM	81369Y506	3,427	51,842	SH		SOLE		0	0	51,842
SPDR HEALTH CARE	COM	81369y209	14,965	163,115	SH		SOLE		0	0	163,115
SPDR INDEX SHS FDS EURO STOXX	COM	78463X202	235	6,445	SH		SOLE		0	0	6,445
SPDR INDUSTRIAL SECTOR	COM	81369y704	11,217	149,504	SH		SOLE		0	0	149,504
SPDR MATERIALS SECTOR	COM	81369y100	3,007	54,193	SH		SOLE		0	0	54,193
SPDR SERIES TRUST NYSE TECH ET	COM	78464A102	1,537	21,589	SH		SOLE		0	0	21,589
SPDR SERIES TRUST PORTFOLIO TL	COM	78464A805	206	5,860	SH		SOLE		0	0	5,860
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	1,541	17,030	SH		SOLE		0	0	17,030
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	376	8,365	SH		SOLE		0	0	8,365
SPDR SERIES TRUST S&P SEMICNDC	COM	78464A862	200	2,550	SH		SOLE		0	0	2,550
SPDR SP500 TRUST SR 1	COM	78462F103	20,788	73,592	SH		SOLE		0	0	73,592
SPDR UTILITIES SELECT	COM	81369Y886	4,619	79,416	SH		SOLE		0	0	79,416
STREETTRACKS GOLD SHARES	COM	78463v107	2,024	16,592	SH		SOLE		0	0	16,592
STREETTRACKS INDEX SHS DJ STOX	COM	78463X103	1,106	33,450	SH		SOLE		0	0	33,450
TECHNOLOGY SELECT SECT SPDR ET	COM	81369Y803	6,284	84,925	SH		SOLE		0	0	84,925
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	573	25,245	SH		SOLE		0	0	25,245
VANECK VECTORS ETF TR AGRIBUSI	COM	92189F700	647	10,388	SH		SOLE		0	0	10,388
VANECK VECTORS ETF TR BIOTECH	COM	92189F726	5,138	39,989	SH		SOLE		0	0	39,989
VANECK VECTORS ETF TR SEMICOND	COM	92189F676	244	2,300	SH		SOLE		0	0	2,300
VANGUARD EMERGING MARKETS VIPE	COM	922042858	535	12,600	SH		SOLE		0	0	12,600
VANGUARD ENERGY VIPERS	COM	92204A306	216	2,425	SH		SOLE		0	0	2,425
VANGUARD FINANCIAL ETF	COM	92204a405	249	3,862	SH		SOLE		0	0	3,862
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	332	2,125	SH		SOLE		0	0	2,125
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	1,351	26,940	SH		SOLE		0	0	26,940
VANGUARD SPECIALIZED DIV APP E	COM	921908844	339	3,100	SH		SOLE		0	0	3,100
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	1,935	23,170	SH		SOLE		0	0	23,170
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,508	8,745	SH		SOLE		0	0	8,745
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	16,463	82,060	SH		SOLE		0	0	82,060
WISDOMTREE TR US QLT SHRHD YLD	COM	97717W547	619	7,314	SH		SOLE		0	0	7,314
FIDELITY MAGELLAN FUND	MF	316184100	201	19,735	SH		SOLE		0	0	19,735
HANCOCK JOHN INV TRUST LARGE C	MF	41013P103	224	5,183	SH		SOLE		0	0	5,183
LEGG MASON PRTNRS EQT INVS VAL	MF	52470J407	408	13,008	SH		SOLE		0	0	13,008
U S WELL SVCS INC WT EXP 03152	WT	91274U119	1,120	1,109,326	SH		SOLE		0	0	1,109,326