Fund Rankings and FEMKX Updates, 2/26/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Trading signal occurs in ETF model portfolio: Sell IYM, Buy IBB.

Trading signal occurs in iETF model portfolio: Sell INP, Buy EWW.

Stocks ended this week on the down side due to mixed economy news. The S&P 500 index closed this week at 1104 down 0.42%, the Dow Jones Industrial Average decreased 0.74%, and the Nasdaq composite index lost 0.25% for the week. For the month of February, however, the stock markets fared better than January. Comparing to the close in January of 1073, the S&P 500 index went up 2.9%. The stock markets have been in the correction mode for the past six weeks. The index brief touched the 28 week support and bounced back in the last 2 weeks. Its slow STO[15,1] climbed above 50 this week, indicating that light at the end of the tunnel may not be far away.

Two trading signal occurs in ETF model portfolio and iETF model portfolio. The momentum of the ETF's went down fast in the recent market correction because of their high volatility. The artificial one month holding period we instituted for these model portfolio reduces this volatility and resulted in a smaller loss or even a small gain.

Here is the monthly update for our FEMKX timing system. We will buy FEMKX if its STO[15,1] climbs above 50, hold at least for a month, and sell it if its STO[15,1] falls below 75. We last sold FEMKX on January 25 at $21.96 with a gain of 78.4% after holding it for 301 days. The STO[15,1] of FEMKX has since dipped to the low of 15 and climbed back to 31 this week. We are still holding cash since the STO[15,1] has not climbed above 50 (see chart for detail).

Fund Buy On Buy@ Sell On Sell@ P/L

FEMKX 03/26/07 $25.15 08/06/07 $29.53 17.42%

FEMKX 09/10/07 $28.98 12/28/07 $33.82 16.71%

FEMKX 04/28/08 $31.73 6/13/08 $30.81 -2.90%

CASH 06/13/08 $1.00 3/27/09 $1.00 0.0%

FEMKX 03/30/09 $12.31 1/25/10 $21.96 78.4%

CASH 1/25/10 $1.00

Fund Rankings Update, 2/19/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://yechen.pan.googlepages.com/

Stock markets made a big comeback this week. Good construction and factory activities as well as higher company profit moved the markets upwards. The Federal Reserve's raising of the discount rate Thursday afternoon also signaled the health of the financial system. The S&P 500 index closed this week at 1109, up 3.13%, the Dow Jones Industrial Average increased 3.0%, and the Nasdaq composite index gained 2.76% for the week.

So far this year, the US domestic sector funds have out performed the international funds. In our SELECT ranking table, FSAIX still holds the number one rank, and there are thirty four funds with positive AMI's. In the sETF ranking table, there are 28 funds with positive AMI's and the home construction (ITB) is leading the pack. Only three funds have positive AMI's in the iETF table. However, with higher volatility, the international funds can catch up very quickly.

Fund Rankings Update, 2/12/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://yechen.pan.googlepages.com/

Stock markets showed signs of stabilization. After hitting the 28-week support a week earlier, S&P 500 index rebounded above the trend line this past week. The S&P 500 index closed this week at 1075, up 0.87%, the Dow Jones Industrial Average increased 0.87%, and the Nasdaq composite index gained 1.98% for the week. The momentum of all the major indexes are still trending down, so we will most likely stay in the trading range for some time before the up trend emerge again.

Because of the stable oil price, the air transportation sector fund is still holding the number 1 position in the SELECT ranking table. The health care sectors are among the top rank fund because of their defense nature in this kind of market environment. The AMI's of all the international funds deteriorated very fast in the iETF ranking table because of the debt problem in Europe, weak energy/commodity price, and China's clamp-down on lending.

Fund Rankings Update, 2/5/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://yechen.pan.googlepages.com/

Trading signal occurs in sETF: Sell ICF, Buy IHF.

Stocks tried to rebound the first two day of the week, but great selling pressure pushed the markets down on Wednesday and Thursday. Selling climax reached the maximum on Thursday when DJIA went down more than 260 points in one day. The S&P 500 index closed this week at 1044, down 0.72%, the Dow Jones Industrial Average decreased 0.55%, and the Nasdaq composite index lost 0.29% for the week. The S&P 500 index has fallen 7% from its height of 1150.

The monthly chart of S&P 500 index shows that the index is testing the support while its long term momentum, indicated by the STO[15,1], is still trending upward to 85. Before the tend line is broken and the momentum goes south, I am treating this setback as a correction to the overall uptrend. In fact, this may open the door for investors to get back into the market if they missed the rally last time. I know, especially in this kind of market, it is very difficult to make investment decisions, and that is why it is more important to stick to ones investment strategies. I have provided seven momentum ranking tables and a FEMKX timing system in this blog. You can select one or a couple of strategies and follow the trading signals. The performances in the trading log pages speak for themselves.