Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/
Trading signal occurs in sETF model portfolio: Sell IHF, Buy ITA
Trading singal occurs in FEMKX timing model: Sell Cash, Buy FEMKX
Stocks continued their upward momentum this week. The S&P 500 index closed this week at 1149 up 0.99%, the Dow Jones Industrial Average increased 0.55%, and the Nasdaq composite
index gained 1.78% for the week.
The recent upswing has triggered a buy signal in our FEMKX timing model based on slow Stochastics STO[15,1]. The system went into cash mode on 1/25 and stayed on the side line for 46 days. The buy signal was issued because Its STO[15,1] stands at 57 above the threshold of 50. FEMKX timing model has worked every well for us in the past, and based on that record, I will treat this buying signal very seriously. In the sETF rankings table, the IHF was pushed out of the the top 7 ranks. We are replacing IHF with the top rank fund, ITA.
You probably notice that I have changed the ranking postings to atspace.com. I have spent some time on the new hosting site and found a way to keep the posting as close as possible to the postings before. Please let me know if there is any issue (broken links, .., .etc.) related to the new site.
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