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.

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.


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