Fund Rankings and FEMKX Update, 7/31/2009

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

This week marked the end of earning season. Good company earning reports have rallied the stock market for the third weeks. The SP 500 index closed this week at 987, up 0.8%, the Dow Jones Industrial Average increased 0.9% for the week, and the Nasdaq composite index gained 0.6%. The second-quarter GDP dipped only 1%, indicating that the recession is about to end and the economy is going to grow again. According to the news report, the "cash for clanker" stimulus program which gives upto $4500 for consumers to replace their old vehicles has run out of the money in the first week due to its success. Hopefully, the boost in car sales can ignite the consumer spending and pull the economy back to its growth path.

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. FEMKX closded at $19.11 today with a gain of 55.2% so far! We are still holding FEMKX since its STO[15,1] currently stands at 96.3.

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

iEF and sETF rankings update, 7/28/2009

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

Fund Rankings Update, 7/24/2009

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

Stocks carried the momentum from last week's rally. The SP 500 index closed this week at 979, up 4.1%, the Dow Jones Industrial Average increased 4.0% for the week, and the Nasdaq composite index gained 4.2%. The price movement of the S&P 500 index looked pretty good. The index climbed higher than the high it made in early June and the Stochastics is climbing again after 4 weeks of falling. From the chart, the next resistance level is at 1100.

Again Automotive and Technology are still the sectors to be in.

iEF and sETF rankings update, 7/21/2009

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

Fund Rankings Update, 7/17/2009

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

We have been waiting for good economy news to boost the investors' confidence and we got it this week. INTEL, Goldman Sach, and IBM reposted strong company earnings early this week and rally the stock markets. The SP 500 index closed this week at 940, up 7.0%, the Dow Jones Industrial Average increased 7.3% for the week, and the Nasdaq composite index gained 7.4%. The S&P 500 has climbed back above the 900 support level. This price movement showed that there are strong support at this level, and the level has to be hold to continue the rally since March.

Automotive, Technology are among the strongest sectors for the week. Technology sector usually leads the pack in the recovery phase. We shall see if this is the case.

iEF and sETF rankings update, 7/14/2009

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

Fund Rankings Update, 7/10/2009

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

In the absence of upbeat economic news, the stock markets drifted lower this week. The SP 500 index closed this week at 879, down 1.9%, the Dow Jones Industrial Average decreased 1.6% for the week, and the Nasdaq composite index lost 2.3%. Note that the S&P 500 has broken the 900 support level and its momentum is deteriorating. Next week quite a few companies are going to report quarterly earnings. Hopefully we can get some good news to give the market a boost.

Fund Rankings and FEMKX Update, 7/7/2009

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

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. FEMKX closded at $16.61 today with a gain of 34.9% so far. We are still holding FEMKX since its STO[15,1] currently stands at 81.

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

Fund Rankings Update, 7/3/09

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

Auto sales in June was not as good as people had hoped, and June employment reports were worse than expected. Investors fear that the economy recovery is stalling. The SP 500 index closed this week at 896, down 2.5%, the Dow Jones Industrial Average decreased 1.9% for the week, and the Nasdaq composite index lost 2.3%. We need some good economic news to bring back confidence and give market a boost.

Automotive was the strongest sector for this short trading week.

Chattanooga, TN, 6/27 - 6/30

"What's in Chattanooga?", "What are you doing in Chattanooga?" Friends asked me when they learned about my vacation plan. In fact, I was not really sure before the trip either. Turns out that Chattanooga, nicked name scenic city, is a great place for family vacation. It has a vibrant downtown area next to the Tennessee River front with eclectic shops and restaurants. Aquarium, museums and other attractions are also located in the downtown make them accessible by foot. A short drive out of the city to Lookout Mountain, kids and adults can enjoy exploring the caverns, rock formations and scenery in Ruby Falls and Rock City Garden.

Saturday, after 10 hour drive, we arrived late in Chattanooga Marriot, which I had a good deal from priceline.com. After settling in at the hotel, we took the free electric shuttle to Tennessee Aquarium. The aquarium is located at the north end of the downtown area. From there we strolled around trying to formalize the area and at the same time find a place to eat. Nearby, we passed the River Front, Hunter Museum of American Art, The Walnut Street Bridge, and the Bluff View Art District. These attractions are all in walking distance from each other.

The free electric shuttle runs every 5 minutes makes it very easy to go around downtown area.
Carriage tour

Sunday morning, we went to Ruby Falls. At Ruby Falls, we first took an elevator 260 ft down from the ground to a cavern. A tour guide led us into the mountain through a 0.5 mile cave walk. He explained and showed us different rock formations along the way. At the end of the walk is an underground waterfall. It was all dark in the begining and then the LED lights were turned on for 4 minutes for the dramatic effect. After the light went off, we went out from the same route. We were glad we went there early in the morning because people were lining up outside when we got out. We had lunch at the "Sticky Fingers." in downtown. The restaurant is well known for its BBQ ribs and wings.

" Dragon's Foot" rock formation at Ruby Falls

Sunday afternoon, we opt for visiting the Tennessee Aquarium since the termperature was 100 degree outside and we need a place to chill. The aquarium is the largest in the state of Tennessee, It has two 2 buildings, one for ocean journey and one for river journey. Inside, there are butterfly habitat, exhibits of jelly fishes and penguins, and large tank of fishes. Children (adults as well) can even touch the stingrays with fingers.

Monday morning, we headed out to Rock City Garden. It was a 15 minute drive from our hotel to the Lookout Mountain, Georgia. In Rock City Garden, we walk through different exotic rock formation and landscape such as "Needle's Eye," "Fat Man's Squeeze," "Swing-Along Bridge," .etc. At the lookout spot, you can see the 7 states. The walk is relaxing and the view was breathtaking.

A narrow passage( "Needle's Eye") at Rock City Garden
It took some courage to cross the "Swing-Along Bridge"
From the lookout on top of the picture, you can see the seven states

After the Rock City Garden, we went to Chattanooga Choo Choo. Chattanooga Choo Choo used to be a train station, now the terminal was converted to a garden, and the complex was used by Holiday Inn for hotels, restaurants, gift shops and convention center. We had a light lunch there and appreciated the grandiose of the building.

Model Train at Chattanooga Choo Choo showed the heritage of its railroad past

Monday afternoon, we visited the Hunter Museum of American Art. The museum is located right on the cliff overlooking Tennessee River. It consists of three buildings: the main building is a classic mansion; the east wing and the west wing are two contemporary style buildings. The art collection includes American impressionism, modernism and contemporary art. The west side of the museum is the Bluff View Art District which hosts a collection of restaurants and boutique shops. The east side of the museum is the Walnut Street Bridge which is the second longest pedestrian bridge. We had dinner at the Tony's Pasta Shop in the Bluff View Art District. Next door at Rembrandt's coffee shop, people can sit outside while enjoying their sip of coffee. It brought back my memory of living in Germany. After dinner, we took a walk along the river and stroll around downtown and conclude our stay in Chattanooga.

Hunters Museum of American Art overlooking the Tennessee River

Now you know the answers.