Fund Rankings Update, 4/26/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings
and 
HSA Ranking Table
SSPP Ranking Table
New SSPP (RSP) Ranking Table
Select Ranking Table
ETF Ranking Table
sETF Ranking Table
iETF Ranking Table
SSPP, RSP and HSA Trading Logs
Select and FEMKX Trading Logs
ETF, sETF and iETF Trading Logs

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US economy grew slower than expected in the first quarter of the year but stock markets held up quite well with the help of solid company earnings.  S&P 500 index closed the week at 1582, up 1.74%, Dow Jones Industrial Average gained 1.13%, and Nasdaq composite increased 2.28% for the week.

This week again, we saw the S&P 500 index forming the top in the weekly chart. The momentum is coming down from extreme high area and the volatility is increasing. The index is trading at the top of the up-trend trading channel so caution is warranted. 

Fund Rankings Update, 4/19/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings
or
HSA Ranking Table
SSPP Rankings Table
New SSPP Rankings Table
Select Ranking Table
ETF Ranking Table
sETF Ranking Table
iETF Ranking Table
SSPP, RSP and HSA Trading Logs
Select and FEMKX Trading Logs
ETF, sETF and iETF Trading Logs

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Stock markets experiences the worst week in 2013 due to weak economy news and terrorist attack in Boston.  S&P 500 index closed the week at 1555, down 2.11%, Dow Jones Industrial Average lost 2.14%, and Nasdaq composite decreased 2.70% for the week. 

In the weekly chart of S&P 500 index, the momentum indicator, although is still in the high region, is heading downward. The two large candles in the past 2 weeks show the volatility is increasing, which usually signals the beginning of consolidation/correction.

Due to some firewall and html frame issue, the ranking tables and trading logs can not be displayed when viewed from inside company intranet since 2 weeks ago. To by-pass the problem, I will post the individual links for the tables and the trading logs from now on.

Fund Rankings Update, 4/12/2013

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 sETF model portfolio: Sell ITB, Buy IBB.

Weak retail sales and consumer confidence did not rattle investors' sentiment. With S&P 500 breaking above its 2007 high of 1575, all the major indexes are above their pre-crash high.  S&P 500 index closed the week at 1588, up 2.29%, Dow Jones Industrial Average gained 2.06%, and Nasdaq composite increased 2.84% for the week. 

Monthly chart of S&P 500 shows the four year long dramatically recovery of  stock markets after the 2008-2009 crash. The index has come back more than double from march 2009 low of 671 to the present close of 1588. During this period, our SSPP model portfolio has gained 50%, RSP model portfolio has gained 74%, Select model portfolio has gained 84%, FEMKX model portfolio has gained 83%, ETF model portfolio has gained 22%, sETF model portfolio has gained 103%, and iETF model portfolio has lost 30%. Our momentum system is intended to profit from mid portion of the uptrend while reduce the risk during down trend. Tightening the trading thresholds, which increases the trading frequency, is one way to keep up with the increase stock markets volatility while change the trading performance. Readers, if interested, can experiment with different trading thresholds and let me know how they perform.

For the past 4 to 6 weeks, the momentum of housing/construction sectors has been fading away, while biotechnology sector has come up strong. A trading signal has occurred in sETF model portfolio to sell ITB  and buy the current top rank fund, IBB, as AMI rank of ITB has fallen below 7. We have held ITB for 459 days with a gain of 87%.

Fund Rankings Update, 4/5/2013

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


Weak economy data and bad job report make investor worry if the spring slowdown in the past 2 year is going to be repeated this year.   S&P 500 index closed the week at 1553, down 1.01%, Dow Jones Industrial Average lost 0.09%, and Nasdaq composite decreased 1.95% for the week. 

For the second week, the S&P 500 index failed to break the resistance at 1575. Timing wise, we are getting into the weaker seasonal April and May period, and next week is the start of earning report season. With the backdrop of weaker growth, companies are expected to report less stellar performance with conservative outlook. It is very likely that S&P 500 start to consolidate/correct on the downside from here.