Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
As the year is coming to an end, there is not much activity on the trading floor. Dow Jones Industrial Average lost 0.74%, S&P 500 index went down 1.7%, and NASDAQ lost 2.18%. Volumes are light because most of the traders are on holiday break. Stock market has fluctuated around the same level for the past 2 weeks. Stochastics of S&P 500 index, which we are closely monitoring for trend reversal, stands at 25.8 this week, about the same as 2 weeks ago.
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