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.