Fund Rankings and FEMKX Update, 10/30/2009

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

After failing to close above DOW 10000 for 2 weeks, stocks failed to rebound this week and ended up with big loss as investors took profit. The SP 500 index closed this week at 1036, down 4.0%, the Dow Jones Industrial Average decreased 2.6% for the week, and the Nasdaq composite index lost 5.1%. All the indexes are testing their 13 week trend line. A successful testing of the support will ensure the continuation of the up trend. For S&P 500 index, the next support after the 1033 short term support is the 28 week trend line at 994 level. The close proximity to 1000 makes it a more critical support.

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 $20.68 today with a gain of 68.0% after holding it for 214 days. We are still holding FEMKX since its STO[15,1] currently stands at 82.9, 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, 10/27/2009

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

Fund Rankings Update, 10/23/2009

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

The Dow Jones Industrial Average struggled around the key 1000 level amid the slew of company earning announcements. On Friday, the investors' worry about the length of economy recovery pulled the index down 150 points, and the DJIA failed to close the week above 1000. The SP 500 index closed this week at 1079, down 0.7%, , the Dow Jones Industrial Average decreased 0.2%, and the Nasdaq composite index gained 0.1% for the week. The anticipated big move for stocks did not materialized due the the mixed company earning reports.

In the U.S., the energy related sectors still have upward momentum on their side. FSAIX in the SELECT ranking table quickly fell off the top rank due to the higher oil price, and FSAVX regained the top spot after giving up the crown for a few weeks. Our SELECT model portfolio has held FSAVX for 137 days since June with a gain of 40%. For the international funds, Latin America and Europe are among the top momentum area due to natural resource and week dollar respectively.

iEF and sETF rankings update, 10/20/2009

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

Fund Rankings Update, 10/16/2009

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

Dow Jones Industrial Average broke above the 10000 psychological barrier on Wednesday and stayed above it for two days. Unfortunately the bad earning announcement from Bank of America and GE on Friday dragged the index down and DJIA closed the week 5 point below 10000. Next week, a lot of the companies will announce their 3rd quarter earnings and will give a more clear indication about the economy recovery. A large stock movement next week is expected. The SP 500 index closed this week at 1087, up 1.5%, , the Dow Jones Industrial Average increased 1.3%, and the Nasdaq composite index gained 0.8% for the week. Slowly but steadily, S&P 500 index is heading toward 1200 level.

Continuing the strong movement from last week, the energy related sectors, such as energy service, natural gas are moving up fast in the ranking table. Latin America (ILF) and Brazil(EWB) are among the funds with highest momentum in the international front.

iEF and sETF rankings update, 10/13/2009

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

Fund Rankings Update, 10/9/2009

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

On Monday, Alcoa kicked off the third quarter earning season with a positive outlook and brought back investors' optimism. Stocks posted strong gain after two weeks in the losing column. The SP 500 index closed this week at 1071, up 4.5%, , the Dow Jones Industrial Average increased 4.0%, and the Nasdaq composite index gained 4.5% for the week. I still think that we are heading toward 1200 level for SP 500 index.

I have removed FNINX and FSPFX from Select ranking table since they have been closed since June. In the Select ranking table, FSAIX held the number 1 ranking for the second week due to stable oil price. However, energy related sectors, such as energy service, natural gas are coming up strong and worth our attention. On the international front, Latin America (ILF) and Brazil(EWB) are moving up fast in the iETF table.

iEF and sETF rankings update, 10/6/2009

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

Fund Rankings Update, 10/2/2009

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

Stocks continue the weakness from last week. The SP 500 index closed this week at 1025, down 1.8%, the Dow Jones Industrial Average decreased 1.8%, and the Nasdaq composite index lost 2.1% for the week. Keep in mind that the stocks had a very strong July-September period, gaining 15%, and a pull back is expected. 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 55 as of 10/1/2009, hence, the multi-year bull trend was confirmed.