Fund rankings update, 10/29/2010

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

Trading signal occurs in nSSPP model portfolio: Sell REIT index (42627), Buy FEMKX

Stocks paused for mid-term election results and actions from FED next week. The S&P 500 index closed this week at 1183 up 0.02%, the Dow Jones Industrial Average decreased 0.13%, while the technology laden Nasdaq composite index gained 1.13% for the week.

Overall trend is unchanged this week. Technology and basic material are still the hot sectors in US, and in the global regions, India(INP) faded a bit while Austria(EWO) continue its high momentum surge. In nSSPP ranking table, our current holding (42627) was pushed out of the top 7 ranks and a sell signal was issued. We have held the fund for 147 days with a gain of 21%. The fund was replaced with emergent market fund, FEMKX.

For the FEMKX timing system, we still hold the fund as its momentum indicator STO[15,1] stands at 94 this week (see chart below). We have held the fund for 88 days with a gain of 11%. Trading history of FEMKX system can be found in the "Select_Log" page.

Fund rankings update, 10/22/2010

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

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

Stocks slow down their march upward a bit this week. The S&P 500 index closed this week at 1183 up 0.59%, the Dow Jones Industrial Average increased 0.63%, and the Nasdaq composite index gained 0.43% for the week.

Technology and basic material are still the hot sectors in US, and in the global regions, India(INP) and Austria(EWO) continue their high momentum surge from last week. The Malyasia fund (EWM) was pushed out of the top 7 ranks in the iETF ranking table so a sell signal was issued.

Fund rankings update, 10/15/2010

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

Technology sector lead the stock market higher this week. The S&P 500 index closed this week at 1176 up 0.95%, the Dow Jones Industrial Average increased 0.51%, and the Nasdaq composite index gained 2.78% for the week.

With the economy recovery seemingly back on track, the basicmaterial and technology sectors are leading the way in US. In the weekly chart of S&P 500 index, the price is well above the trend line and the momentum (STO[15,1]) is high at 95, indicating that the rally will last for a while. In the global arena, Austria and Hong Kong are coming strong while India still hold the top rank. Overall the international markets are outperforming US markets.

Fund rankings update, 10/8/2010

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

Trading signal occurs in sETF model portfolio: Sell ICF, Buy IXP

Stocks resumed its rally this week hoping Fed will ease money policy again to excite the lackluster economy recovery and lower unemployment rate. The S&P 500 index closed this week at 1165 up 1.65%, the Dow Jones Industrial Average increased 1.63%, and the Nasdaq composite index gained 1.31% for the week.

This rally has been very strong. The major indexes went up more than 10% in September and seem want to go higher. In the domestic industrial sectors, the telecom and material sectors are among the sectors with highest momentum. In fact, the real estate index (ICF) was pushed out of the top 7 rank this week and a sell signal was issued in the sETF model portfolio. The top 7 ranked funds in the sETF ranking table are filled mostly with telecom and material indexes.

International funds has outperformed US funds during this rally partly due to the weak dollar. India, Hong Kong and South Africa round up the top 3 funds with Austria coming strong in the iETF ranking table.

Fund rankings update, 10/1/2010

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

Stock rally took a break this week, the S&P 500 index closed this week at 1146 down 0.21%, the Dow Jones Industrial Average decreased 0.28%, and the Nasdaq composite index lost 0.44% for the week. In the weekly chart of S&P 500 index, the index stayed above the trend line and the STO[15,1] momentum remained strong.

By popular demands, I am posting the trading log of FEMKX model in the "SELECT_Log" page. I have updated the FEMKX model at the end of every month for a while, but some readers would like to follow it more closely so I decided to post it out weekly along with SELECT trading log. Note that this model uses technical indicator (stochastics) for trading signals not the momentum rankings. The trading rule is described in the trading log.