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
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