Fund Rankings and FEMKX Update, 8/28/2009

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

Trading signal occurs in nSSPP model portfolio: Sell Emerging Market Index, Buy Ariel Fund.

Stocks went into consolidation mode this past week. The SP 500 index closed this week at 1028, up 0.3%, the Dow Jones Industrial Average increased 0.4% for the week, and the Nasdaq composite index gained 0.4%. From ETF ranking table, the US financial sectors outperformed international sectors for the week.

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 $19.38 today with a gain of 57.4% so far! We are still holding FEMKX since its STO[15,1] currently stands at 90.8.
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, 8/25/2009

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

Trading signal occurs in iETF model portfolio: Sell INP, Buy EWO.

Fund Rankings Update, 8/21/09

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

The stock market had a big drop Monday due to the worry about the robustness of the economy recovery. As more good new trickled in during the week, the investors' confidence slowly came back. On Friday, the surge of the July new home sales finally did the trick. The SP 500 index closed this week at 1026, up 2.2%, the Dow Jones Industrial Average increased 2.0% for the week, and the Nasdaq composite index gained 1.8%.

As the economy recovery takes hold, the U.S. stocks outperformed the emergent markets this week. In SSPP ranking table, the real estate sector took the number 1 rank from pacific basin fund, and in the ETF ranking table, the US financial sector and real estate sector (IYG, IYF, IYR) all made big moves up to the top.

Fund Rankings Update, 8/14/09

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 IGN, Buy EWW.

Bulls and bears fought for the 1000 key support level of the S&P 500 index for the whole week. Gladly the bulls still has the upper hand and the index although close down for the week is still above the support level. The SP 500 index closed this week at 1004, down 0.6%, the Dow Jones Industrial Average decrease 0.5% for the week, and the Nasdaq composite index lost 0.7%.

We are in the midst of sector rotation. The technology sector seems to plateau and the financial/banking sector is surging upward. This can be observed from rank changes in the SELECT ranking table.

iEF and sETF rankings update, 8/11/2009

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

Trading signal occurs in sector ETF (S-ETF) model portfolio:
Sell IGN, Buy IXG.

Fund Rankings Update, 8/7/09

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

Unemployment rate, unexpectedly dropped from 9.5% to 9.4%, gave stocks reason to rally. The SP 500 index closed this week at 1010, up 2.3%, the Dow Jones Industrial Average increased 2.2% for the week, and the Nasdaq composite index gained 1.1%. The S&P 500 index has climbed above the 1000 psychological barrier. Every time the index break through a resistance level, it will spent sometime in that level for consolidation. If the resistance which becomes the support is successfully tested, the index will resume its trend and heading to the next level. With the economy recovery at hand, I expect that the 1000 level will be successfully tested and the index will head to the 1200 level.

The chart below is the monthly chart of the S&P 500 index since year 2000. The top part of the chart shows the price movement of the index and the lower part shows the Stochastics indicator. Multi-year rallies occur when the Stochastics indicator climbs above 50. It is a good sign that the Stochastics indicator, currently stands at 40, has climbed out of the oversold level since March and is still treding up.