Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.awardspace.us/
Another winning week for the major indexes, although they closed the week with a down day on Friday. The S&P 500 index closed this week at 1159 up 0.86%, the Dow Jones Industrial Average increased 1.1%, and the Nasdaq composite index gained only 0.29% for the week.
As economy recovery gaining more traction, the momenta of most sectors get stronger and stronger. In SELECT ranking table, FSAIX is still the number 1 rank fund with high AMI while energy related sector funds showed sign of weakness. In the international arena, South Africa ( EZA) is rising up fast in iETF ranking table but Mexico (EWW) is still holding the top spot. It is also interesting to see that the domestic sector funds have higher AMI than the international funds in th past few weeks.
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