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
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
ADVISORSHARES TR NEWFLT MULSINC 00768Y727 239 4,888 SH   SOLE   4,888 0 0
AES CORP COM 00130H105 210 15,839 SH   SOLE   15,839 0 0
ALARM COM HLDGS INC COM 011642105 171 11,113 SH   SOLE   11,113 0 0
ALCATEL-LUCENT SPONSORED ADR 013904305 52 14,391 SH   SOLE   14,391 0 0
ALCOA INC COM 013817101 182 16,313 SH   SOLE   16,313 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 225 770 SH   SOLE   770 0 0
ALPHA NAT RES INC COM 02076X102 17 55,913 SH   SOLE   55,913 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 393 25,228 SH   SOLE   25,228 0 0
AMBEV SA SPONSORED ADR 02319V103 167 27,343 SH   SOLE   27,343 0 0
AMGEN INC COM 031162100 264 1,718 SH   SOLE   1,718 0 0
APPLE INC COM 037833100 1,000 7,971 SH   SOLE   7,971 0 0
ARCH COAL INC COM 039380100 51 150,815 SH   SOLE   150,815 0 0
BALTIC TRADING LIMITED COM Y0553W103 31 19,506 SH   SOLE   19,506 0 0
BANCO SANTANDER SA ADR 05964H105 156 22,265 SH   SOLE   22,265 0 0
BANK AMER CORP COM 060505104 224 13,174 SH   SOLE   13,174 0 0
BARCLAYS BK PLC IPSP CROIL ETN 06738C786 334 27,753 SH   SOLE   27,753 0 0
BARCLAYS PLC ADR 06738E204 227 13,794 SH   SOLE   13,794 0 0
BOEING CO COM 097023105 255 1,837 SH   SOLE   1,837 0 0
BOSTON BEER INC CL A 100557107 206 886 SH   SOLE   886 0 0
CABOT OIL & GAS CORP COM 127097103 271 8,579 SH   SOLE   8,579 0 0
CALADRIUS BIOSCIENCES INC COM 128058104 63 33,596 SH   SOLE   33,596 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 261 28,508 SH   SOLE   28,508 0 0
CENTRAIS ELETRICAS BRASILEIR SPONSORED ADR 15234Q207 67 35,621 SH   SOLE   35,621 0 0
CHEVRON CORP NEW COM 166764100 572 5,927 SH   SOLE   5,927 0 0
CHINA BIOLOGIC PRODS INC COM 16938C106 235 2,041 SH   SOLE   2,041 0 0
CISCO SYS INC COM 17275R102 432 15,732 SH   SOLE   15,732 0 0
CLAYMORE EXCHANGE TRD FD TR GUG S&PG DIV OPP 18383M860 116 10,482 SH   SOLE   10,482 0 0
CME GROUP INC COM 12572Q105 4,188 45,000 SH   SOLE   45,000 0 0
COCA COLA CO COM 191216100 282 7,178 SH   SOLE   7,178 0 0
COGNEX CORP COM 192422103 230 4,773 SH   SOLE   4,773 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 20 12,119 SH   SOLE   12,119 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 201 1,350 SH   SOLE   1,350 0 0
CREDIT SUISSE AG NASSAU BRH VELSHS DLY SHTRM 22539T423 132 13,756 SH   SOLE   13,756 0 0
CREDIT SUISSE NASSAU BRH ETN LKD 32 22542D571 59 27,481 SH   SOLE   27,481 0 0
CTC MEDIA INC COM 12642X106 23 10,078 SH   SOLE   10,078 0 0
CTI BIOPHARMA CORP COM 12648L106 39 19,994 SH   SOLE   19,994 0 0
CVS HEALTH CORP COM 126650100 1,808 17,234 SH   SOLE   17,234 0 0
CYS INVTS INC COM 12673A108 205 26,543 SH   SOLE   26,543 0 0
DELHAIZE GROUP SPONSORED ADR 29759W101 203 9,862 SH   SOLE   9,862 0 0
DENBURY RES INC COM NEW 247916208 148 23,201 SH   SOLE   23,201 0 0
DIREXION SHS ETF TR DLY S&P 500 BEAR 25459Y371 537 28,388 SH   SOLE   28,388 0 0
DIREXION SHS ETF TR DLY SC BEAR3XNEW 25459Y488 1,346 139,345 SH   SOLE   139,345 0 0
DIREXION SHS ETF TR DLY SMCAP BULL3X 25459W847 283 3,167 SH   SOLE   3,167 0 0
DISNEY WALT CO COM DISNEY 254687106 499 4,372 SH   SOLE   4,372 0 0
ENTEROMEDICS INC COM NEW 29365M208 26 41,906 SH   SOLE   41,906 0 0
EXCEL TR INC COM 30068C109 166 10,538 SH   SOLE   10,538 0 0
FACEBOOK INC CL A 30303M102 1,025 11,950 SH   SOLE   11,950 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 372 2,902 SH   SOLE   2,902 0 0
FEMALE HEALTH CO COM 314462102 18 10,208 SH   SOLE   10,208 0 0
FIRST TR EXCHANGE TRADED FD FIRST TR ENH NEW 33739Q408 592 9,858 SH   SOLE   9,858 0 0
FIRST TR EXCHANGE TRADED FD MULTI ASSET DI 33738R100 206 10,302 SH   SOLE   10,302 0 0
FIRST TR EXCHANGE TRADED FD TECH ALPHADEX 33734X176 202 5,723 SH   SOLE   5,723 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 115 10,200 SH   SOLE   10,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 769 51,209 SH   SOLE   51,209 0 0
FUELCELL ENERGY INC COM 35952H106 30 31,121 SH   SOLE   31,121 0 0
GAFISA S A SPONS ADR 362607301 22 14,092 SH   SOLE   14,092 0 0
GALENA BIOPHARMA INC COM 363256108 27 15,654 SH   SOLE   15,654 0 0
GANNETT SPINCO INC COM 36473H104 146 10,420 SH   SOLE   10,420 0 0
GENERAL MTRS CO COM 37045V100 518 15,542 SH   SOLE   15,542 0 0
GENWORTH FINL INC COM CL A 37247D106 131 17,289 SH   SOLE   17,289 0 0
GILEAD SCIENCES INC COM 375558103 657 5,612 SH   SOLE   5,612 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,252 30,070 SH   SOLE   30,070 0 0
GLOBAL X FDS GLB X FTSE PT 20 37950E192 130 11,507 SH   SOLE   11,507 0 0
GLOBALSTAR INC COM 378973408 50 23,834 SH   SOLE   23,834 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 627 3,002 SH   SOLE   3,002 0 0
GOOGLE INC CL C 38259P706 272 522 SH   SOLE   522 0 0
GRAFTECH INTL LTD COM 384313102 157 31,706 SH   SOLE   31,706 0 0
GREAT PANTHER SILVER LTD COM 39115V101 6 14,499 SH   SOLE   14,499 0 0
HALLIBURTON CO COM 406216101 433 10,055 SH   SOLE   10,055 0 0
HARRIS & HARRIS GROUP INC COM 413833104 34 12,254 SH   SOLE   12,254 0 0
HEWLETT PACKARD CO COM 428236103 341 11,363 SH   SOLE   11,363 0 0
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 243 12,637 SH   SOLE   12,637 0 0
HUDSON CITY BANCORP COM 443683107 186 18,795 SH   SOLE   18,795 0 0
HUTCHINSON TECHNOLOGY INC COM 448407106 19 11,125 SH   SOLE   11,125 0 0
IAMGOLD CORP COM 450913108 123 61,611 SH   SOLE   61,611 0 0
ICICI BK LTD ADR 45104G104 145 13,868 SH   SOLE   13,868 0 0
INTEST CORP COM 461147100 50 11,554 SH   SOLE   11,554 0 0
ISHARES 3YRTB ETF 464288125 234 2,934 SH   SOLE   2,934 0 0
ISHARES INTL SEL DIV ETF 464288448 222 6,858 SH   SOLE   6,858 0 0
ISHARES MRG RL ES CP ETF 464288539 244 23,051 SH   SOLE   23,051 0 0
ISHARES MSCI HONG KG ETF 464286871 390 17,306 SH   SOLE   17,306 0 0
ISHARES MSCI ITALCPD ETF 464286855 153 10,275 SH   SOLE   10,275 0 0
ISHARES MSCI JAPAN ETF 464286848 223 17,402 SH   SOLE   17,402 0 0
ISHARES MSCI SINGAP ETF 464286673 378 30,056 SH   SOLE   30,056 0 0
ISHARES MSCI TAIWAN ETF 464286731 358 22,692 SH   SOLE   22,692 0 0
ISHARES RESID RL EST CAP 464288562 215 3,832 SH   SOLE   3,832 0 0
ISHARES US REGNL BKS ETF 464288778 224 6,129 SH   SOLE   6,129 0 0
ISHARES GOLD TRUST ISHARES 464285105 216 19,053 SH   SOLE   19,053 0 0
ISHARES TR IBOXX INV CP ETF 464287242 1,256 10,851 SH   SOLE   10,851 0 0
ISHARES TR MSCI EAFE ETF 464287465 278 4,379 SH   SOLE   4,379 0 0
ISHARES TR MSCI USA QLT FAC 46432F339 210 3,320 SH   SOLE   3,320 0 0
ISHARES TR NA NAT RES 464287374 206 5,689 SH   SOLE   5,689 0 0
ISHARES TR RUS MDCP VAL ETF 464287473 559 7,578 SH   SOLE   7,578 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 465 3,726 SH   SOLE   3,726 0 0
ISHARES TR RUSSELL 3000 ETF 464287689 218 1,759 SH   SOLE   1,759 0 0
ISHARES TR S&P 500 VAL ETF 464287408 431 4,673 SH   SOLE   4,673 0 0
JOES JEANS INC COM 47777N101 8 42,666 SH   SOLE   42,666 0 0
JOHNSON & JOHNSON COM 478160104 253 2,601 SH   SOLE   2,601 0 0
LIQUID HLDGS GROUP INC COM 53633A101 5 22,497 SH   SOLE   22,497 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 210 38,589 SH   SOLE   38,589 0 0
MAD CATZ INTERACTIVE INC COM 556162105 6 14,173 SH   SOLE   14,173 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 27 14,830 SH   SOLE   14,830 0 0
MECHEL OAO SPON ADR PFD 583840509 6 16,388 SH   SOLE   16,388 0 0
MECHEL OAO SPONSORED ADR 583840103 15 12,257 SH   SOLE   12,257 0 0
METALICO INC COM 591176102 6 11,934 SH   SOLE   11,934 0 0
MINDBODY INC COM CL A 60255W105 157 11,321 SH   SOLE   11,321 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 192 26,548 SH   SOLE   26,548 0 0
NEVSUN RES LTD COM 64156L101 109 29,034 SH   SOLE   29,034 0 0
NORANDA ALUM HLDG CORP COM 65542W107 29 34,134 SH   SOLE   34,134 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 6 18,914 SH   SOLE   18,914 0 0
OFFICE DEPOT INC COM 676220106 301 34,748 SH   SOLE   34,748 0 0
PALATIN TECHNOLOGIES INC COM PAR $ .01 696077403 19 21,903 SH   SOLE   21,903 0 0
PARAGON SHIPPING INC CL A NEW 69913R408 14 19,334 SH   SOLE   19,334 0 0
PEABODY ENERGY CORP COM 704549104 106 48,368 SH   SOLE   48,368 0 0
PENNEY J C INC COM 708160106 115 13,575 SH   SOLE   13,575 0 0
PEREGRINE PHARMACEUTICALS IN COM NEW 713661304 88 67,228 SH   SOLE   67,228 0 0
PHILIP MORRIS INTL INC COM 718172109 498 6,213 SH   SOLE   6,213 0 0
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 156 13,441 SH   SOLE   13,441 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 526 22,118 SH   SOLE   22,118 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 6,470 60,428 SH   SOLE   60,428 0 0
PRIMA BIOMED LTD SPON ADR LVL II 74154B203 15 10,403 SH   SOLE   10,403 0 0
PROCTER & GAMBLE CO COM 742718109 391 4,998 SH   SOLE   4,998 0 0
PROSHARES TR PSHS ULDOW30 NEW 74348A590 501 23,582 SH   SOLE   23,582 0 0
PROSHARES TR II ULT VIX SHRT 74347W312 696 15,831 SH   SOLE   15,831 0 0
QC HLDGS INC COM 74729T101 26 14,055 SH   SOLE   14,055 0 0
REGIONS FINL CORP NEW COM 7591EP100 160 15,478 SH   SOLE   15,478 0 0
RENESOLA LTD SPONS ADS 75971T103 18 13,381 SH   SOLE   13,381 0 0
REVOLUTION LIGHTING TECHNOLO COM 76155G107 12 10,771 SH   SOLE   10,771 0 0
REX ENERGY CORPORATION COM 761565100 108 19,301 SH   SOLE   19,301 0 0
RITE AID CORP COM 767754104 465 55,634 SH   SOLE   55,634 0 0
ROYAL BK OF SCOTLAND PLC RBS NASD LKD41 78009P143 243 6,111 SH   SOLE   6,111 0 0
ROYAL BK SCOTLAND PLC US LC TRENDP ETN 78009L308 580 14,603 SH   SOLE   14,603 0 0
ROYAL BK SCOTLAND PLC US MC TRENDP ETN 78009L209 243 6,801 SH   SOLE   6,801 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 237 7,773 SH   SOLE   7,773 0 0
SCORPIO BULKERS INC SHS Y7546A106 40 24,374 SH   SOLE   24,374 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 229 2,989 SH   SOLE   2,989 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1,708 70,051 SH   SOLE   70,051 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 932 22,507 SH   SOLE   22,507 0 0
SHAKE SHACK INC CL A 819047101 454 7,538 SH   SOLE   7,538 0 0
SIGMA ALDRICH CORP COM 826552101 227 1,630 SH   SOLE   1,630 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 237 1,348 SH   SOLE   1,348 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 5,361 26,043 SH   SOLE   26,043 0 0
SPDR SERIES TRUST BRC BLD AMER BD 78464A276 240 4,112 SH   SOLE   4,112 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 439 11,432 SH   SOLE   11,432 0 0
SPDR SERIES TRUST BRCLYS 1-3MT ETF 78464A680 411 8,989 SH   SOLE   8,989 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 212 8,720 SH   SOLE   8,720 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 372 7,962 SH   SOLE   7,962 0 0
SPEED COMM INC COM 84764T106 3 11,778 SH   SOLE   11,778 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 167 11,115 SH   SOLE   11,115 0 0
SUSQUEHANNA BANCSHARES INC P COM 869099101 399 28,251 SH   SOLE   28,251 0 0
SWEDISH EXPT CR CORP ROG TTL ETN 22 870297801 82 13,255 SH   SOLE   13,255 0 0
TASEKO MINES LTD COM 876511106 7 11,889 SH   SOLE   11,889 0 0
TEARLAB CORP COM 878193101 40 20,021 SH   SOLE   20,021 0 0
THOMPSON CREEK METALS CO INC COM 884768102 12 14,735 SH   SOLE   14,735 0 0
TIGERLOGIC CORPORATION COM 8867EQ101 6 18,307 SH   SOLE   18,307 0 0
UNITED TECHNOLOGIES CORP UNIT 06/01/2015 913017117 257 4,491 SH   SOLE   4,491 0 0
URANIUM ENERGY CORP COM 916896103 20 12,450 SH   SOLE   12,450 0 0
USA TECHNOLOGIES INC COM NO PAR 90328S500 29 10,902 SH   SOLE   10,902 0 0
VAALCO ENERGY INC COM NEW 91851C201 26 12,142 SH   SOLE   12,142 0 0
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 202 2,308 SH   SOLE   2,308 0 0
VANGUARD INDEX FDS REIT ETF 922908553 335 4,489 SH   SOLE   4,489 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 417 3,900 SH   SOLE   3,900 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 352 8,620 SH   SOLE   8,620 0 0
VANGUARD STAR FD VG TL INTL STK F 921909768 225 4,475 SH   SOLE   4,475 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 347 2,782 SH   SOLE   2,782 0 0
WALTER ENERGY INC COM 93317Q105 12 53,144 SH   SOLE   53,144 0 0
WAVE SYSTEMS CORP CL A PAR $0.01 943526400 7 12,010 SH   SOLE   12,010 0 0
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 259 5,524 SH   SOLE   5,524 0 0
WISDOMTREE TR DIV EX-FINL FD 97717W406 230 3,124 SH   SOLE   3,124 0 0
WISDOMTREE TR EMG MKTS SMCAP 97717W281 202 4,646 SH   SOLE   4,646 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 243 4,240 SH   SOLE   4,240 0 0
YINGLI GREEN ENERGY HLDG CO ADR 98584B103 13 10,851 SH   SOLE   10,851 0 0