Fund Rankings Update, 5/29/2009

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

The month of May this year turns out to be a pretty good month for the stocks. All major indexes advanced for May: The Dow went up 4.1 percent, the S&P 500 index rose 5.3 percent, and the Nasdaq gained 3.3 percent. Automotive sector and emergent market are among the strongest sectors for the week. The S&P 500 index is still in the consolidation mode as shown in the chart below.

iEF and sETF rankings update, 5/26/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Fund Rankings Update, 5/22/2009

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

Trading signal occurs in SSPP model portfolio: Sell FNMIX, Buy FPBFX.

Stocks went side way this week. The S&P 500 index closed at 887, up 0.5%, and the Dow Jones Industrial Average increased 0.1% for the week, while the Nasdaq composite index gained 0.7%. Emerging market sector is still among the strongest sectors for this week. As mentioned last week, the S&P 500 index is in the process of testing its support level. We shall see which way it comes out from this test.

iEF and sETF rankings update, 5/19/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Trading signal occurs in sETF model portfolio: Sell IGW, Buy IGN.

Fund Ranking Update, 5/15/2009

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

Trading signal occurs in ETF model portfolio: Sell IGW, Buy IGN.

Investors sold their holdings to lock in their profit and stalled the stock rally since March. The S&P 500 index closed at 882, down 5.0%, and the Dow Jones Industrial Average decreased 3.6% for the week, while the Nasdaq composite index lost 3.4%. Emerging market sector held up pretty well this past week.

Last week we talked about the S&P 500 index's breaking above its trend line (the resistance level at that time) and that to establish a robust uptrend, it needs to come back down to successfully test the trend line (the support level, now). The chart below shows that the index is in the process of testing the support level right now. Until it run through its course, we won't know how long this process will take and whether it will be successful or not.

iEF and sETF rankings update, 5/12/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Fund Rankings Update, 5/8/2009

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

Job number is not as bad as expected, and the results of the stress test on the largest 19 US banks removed the uncertainty on the Wall Street. The S&P 500 index closed at 929, up 5.9%, and the Dow Jones Industrial Average increased 4.4% for the week, while the Nasdaq composite index gained 1.2%. Financial and energy sectors are the winners this week.

After falling below its 28 week exponential moving average in June last year, the S&P 500 index finally climbed above the trend line this week. Its momentum(STO[15,1]), at an extremely high level of 94.6, indicates that the rally will keep going on for a while. However, we may see it come back down to test the trend line. We need to see a successfully re-test of the trend line to validate this uptrend.

iEF and sETF ranking update, 5/5/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Fund Rankings and FEMKX Update 5/1/2009

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

Stocks held their ground in the face of swine flue and Chrysler's filing of bankruptcy. The S&P 500 index closed at 877, up 1.3%, and the Dow Jones Industrial Average increased 1.7% for the week, while the Nasdaq composite index gained 1.5%.

Here is an 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 bought into FEMKX on 3/30 at 12.31 because the trading signal occurred on 3/27. FEMKX closded at $14.69 today with a gain of 19.3% so far.

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