Fund Rankings Update, 4/29/2011

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

Trading signal occurs in iETF model portfolio: Sell EWC, Buy EWY.

Strong company earnings bostted stocks market again. The S&P 500 index closed this week at 1363 up 1.96%, the Dow Jones Industrial Average gained 2.44%, and the technology laden Nasdaq composite index increased 1.89% for the week.

From May 2, some funds in our Health Saving Account (HSA) program will be retired, and more funds will be added to the program. Some of the remaining funds also have changed their symbols. To reflect these changes, I have revamped the HSA ranking table, and HSA model portfolio. I have selected 20 funds out of the 23 funds in the program for momentum ranking. The funds with symbol changes are:

CBSAX-->>CLSPX

COVAX-->>NSVAX

NAESX-->>NAESX

VIMSX-->>VIMSX

CMUAX-->>NAMAX

NLGIX-->>NGPAX

NBIAX-->>NBGPX

NLFAX-->>CLGZX

Fund Rankings Update, 4/22/2011

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

Led by strong company earnings from technology companies, stocks went up broadly this week. The S&P 500 index closed this week at 1337 up 1.34%, the Dow Jones Industrial Average gained 1.33%, and the technology laden Nasdaq composite index increased 2.01% for the week.

To continue and conclude my analysis of APPLE and GOOGLE from last week, here is what transpired this week: On Monday, Apple's price did a intra day reversal. It went down to a low of 320 but came right back and ended the day up at 332. From then on, the price went up non-stop and closed this week at 350. From the weekly chart, we can see its price bounces above the trend line and the momentum is turning upward. Resumption of the up trend will be confirmed when it breaks the previous high of 360. A conservative investor will take position after the confirmation while a more risk tolerant investor will take position now. Now, turning our attention to Google. With deteriorating momentum, its price went down 1.0% this week at a time when technology companies are leading the stock market higher. It may look like there is a temporary support around 525 for Google but I think 500 is a better bet from the weekly chart.

Fund Rankings Update, 4/15/2011

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

Stocks were in a consolidation mode. The S&P 500 index closed this week at 1319 down 0.64%, the Dow Jones Industrial Average lost 031%, and the technology laden Nasdaq composite index decreased 0.57% for the week. A lot of companies will report earnings in the next 2 weeks. How stocks react to these announcements will tell us whether they are going up or going down.

Although I mainly focus on analyzing price charts of ETF and mutual funds, sometimes I come across some interesting stock charts that I woule like to share. Due to poor earning report Google's stock price went down $48 (8.26%) today. Google and Apple are the two major tech companies competing in the smart phone and tablet area. Let's compare the weekly charts of these 2 companies. Apple has been going higher an higher since March 2009. Every time the price touch the trend line and the momentum indicator fell below 50, it came right back and resume its up trend. Currently, its price touches the trend line and the momentum indicator falls below 50 again. It will be interesting to see if it can repeat its previous pattern to resume the up trend. On the other hand, Google's 2009 rally has been interrupted in March 2010. After six months, its price went back above trend line, but failed to go higher. The price went side way for 5 months, went down below the trend line in March this year and failed to break above it at the end of March. Its momentum is going downward and I suspect the price will go down to 500 - 450 level.

Fund Rankings Update, 4/8/2011

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

Stocks were mostly flat this week. The S&P 500 index closed this week at 1328 down 0.32%, the Dow Jones Industrial Average gained 0.03%, and the technology laden Nasdaq composite index decreased 0.33% for the week.

Technically, S&P500 index is still hovering above the trend line in the weekly chart, and its momentum indicator has climbed back above 80 after went down to 70 two weeks ago. It looks like the index is moving side way before it breaks above the previous high of 1343.

Fund Rankings Update, 4/1/2011

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

Trading signal occurs in FEMKX timing model: Sell Cash, Buy FEMKX

Stocks boosted by good job report continued their march upward. The S&P 500 index closed this week at 1332 up 1.42%, the Dow Jones Industrial Average gained 1.28%, and the technology laden Nasdaq composite index increased 1.7% for the week.

After staying at the side line for 2 months, our FEMKX timing model has issued a buy signal again. The FEMKX timing model is different than the momentum ranking system. It uses the technical indicator, slow STO[15,1], as trading signals. The model will buy FEMKX when its slow STO[15,1] climbs above 50, hold the fund for at least 30 days and sell the fund if its slow STO[15,1] falls below 75. The trading record of FEMKX timing model can be seen in the Select_Log page. In the weekly chart of FEMKX below, we can see that after we sold FEMKX at the end of January, the fund has successfully tested the support (tend line) 3 times and recently broke the previous high of $26.64. In addition, its slow STO[15,1] shot up from 39 to 65 this week. This price action and the upswinging momentum bode well for a bullish argument for FEMKX.