iEF and sETF rankings update, 9/29/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at :http://yechen.pan.googlepages.com/
Fund Rankings and FEMKX Update, 9/25/2009
Trading signal occurs in ETF model portfolio: Sell EWW, Buy IYR.
Stocks showed sign of weakness. The SP 500 index closed this week at 1044, down 2.2%, the Dow Jones Industrial Average decreased 1.6% for the week, and the Nasdaq composite index lost 2.0%. Weak numbers from housing indicated that the growth of economy has not gained a firm footing yet. Recovery has arrived but we still have a long way to go.
In ETF ranking table, EWW has lost steam and dropped below 10th rank. We will sell it and replace it with IYR.
Here is the monthly 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 FEMKX on 3/30 at $12.31. FEMKX closded at $20.75 today with a gain of 68.9% after holding it for 179 days. We are still holding FEMKX since its STO[15,1] currently stands at 96.9 well above the selling threshold of 75.
Here is the monthly 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 FEMKX on 3/30 at $12.31. FEMKX closded at $20.75 today with a gain of 68.9% after holding it for 179 days. We are still holding FEMKX since its STO[15,1] currently stands at 96.9 well above the selling threshold of 75.
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, 9/22/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at :http://yechen.pan.googlepages.com/
Fund Rankings Update, 9/18/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
Investors on the side line, afraid of missing the rally, jumped back into the market every time stocks showed sign of retreat The SP 500 index closed this week at 1068, up 2.5%, the Dow Jones Industrial Average increased 2.2%, and the Nasdaq composite index gained 2.5% for the week. The S&P 500 index has climbed more than 5% this month. Remember around the same time last year, the global financial system was in the brink of collapse and stocks fell off the cliff. With the recession behind us and the economy recovery gaining more traction, the stock markets have rally strongly since March.
Investors on the side line, afraid of missing the rally, jumped back into the market every time stocks showed sign of retreat The SP 500 index closed this week at 1068, up 2.5%, the Dow Jones Industrial Average increased 2.2%, and the Nasdaq composite index gained 2.5% for the week. The S&P 500 index has climbed more than 5% this month. Remember around the same time last year, the global financial system was in the brink of collapse and stocks fell off the cliff. With the recession behind us and the economy recovery gaining more traction, the stock markets have rally strongly since March.
This week, the real estate, air transportation, and basic material are among the strongest sectors as observed from the ranking tables.
I have added the fund symbols that I can find in the N-SSPP ranking table based on readers' suggestion.
I have added the fund symbols that I can find in the N-SSPP ranking table based on readers' suggestion.
iEF and sETF rankings update, 9/15/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Fund Rankings Update, 9/11/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
Historically the month of September is a loss month for the stock markets. However the major indexes put out a strong performance for the first week of this September. The SP 500 index closed this week at 1042, up 2.6%, the Dow Jones Industrial Average increased 1.7%, and the Nasdaq composite index gained 3.1% for the week. We shall see how the rest of the month goes.
Historically the month of September is a loss month for the stock markets. However the major indexes put out a strong performance for the first week of this September. The SP 500 index closed this week at 1042, up 2.6%, the Dow Jones Industrial Average increased 1.7%, and the Nasdaq composite index gained 3.1% for the week. We shall see how the rest of the month goes.
In U.S., the automotive sector is still holding to the number one rank in the select ranking table, and Air transportation is moving up fast. In the ETF ranking table, the EPP (pacific region), IYR(real estate), and IYT (transportation) have the strongest momentum for the week.
iEF and sETF rankings update, 9/9/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Fund Rankings Update, 9/4/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
The sell-off in Asia and the worry about the bank failure caused the stocks to continue its sell-off from the end of last week. However the major indexes slowly climbed back at the end of the week to lessen the damage. The SP 500 index closed this week at 1016, down 1.2%, the Dow Jones Industrial Average decreased 1.1%, and the Nasdaq composite index lost 0.5% for the week. It is encouraging to see the S&P 500 index still closed this week above the critical 1000 support level.
In the monthly chart of the S&P 500 index since year 1990, the index has crossed above its trend line and the Stochastics is at 47 as of 9/1/2009. Multi-year bull trend will be confirmed when the Stochastics climbs above 50.
The sell-off in Asia and the worry about the bank failure caused the stocks to continue its sell-off from the end of last week. However the major indexes slowly climbed back at the end of the week to lessen the damage. The SP 500 index closed this week at 1016, down 1.2%, the Dow Jones Industrial Average decreased 1.1%, and the Nasdaq composite index lost 0.5% for the week. It is encouraging to see the S&P 500 index still closed this week above the critical 1000 support level.
In the monthly chart of the S&P 500 index since year 1990, the index has crossed above its trend line and the Stochastics is at 47 as of 9/1/2009. Multi-year bull trend will be confirmed when the Stochastics climbs above 50.
iEF and sETF rankings update, 9/1/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
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