Fund Rankings and FEMKX Updates, 5/28/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

We are so glad that May is over. Stocks suffered the worst monthly lost since February, 2009 and the worst May performance since 1940. We can only hope that investors have a better mood when they come back from long weekend and start June with optimism. The S&P 500 index closed this week at 1089 up 0.16%, the Dow Jones Industrial Average decreased 0.56%, and the Nasdaq composite index gained 1.26% for the week.

Here is the monthly update for our FEMKX timing system. This system has timed the market pretty well in the past. We will buy FEMKX if its slow STO[15,1] climbs above 50, hold at least for a month, and sell it if its slow STO[15,1] falls below 75. We sold FEMKX on May 10 at $22.37 and move to cash position when its slow STO[15,1] fell below 75. For this trade, we held it for 56 days with a loss of 1.11%.

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 06/13/08 $30.81 -2.90%

CASH 06/13/08 $1.00 03/27/09 $1.00 0.0%

FEMKX 03/30/09 $12.31 01/25/10 $21.96 78.4%

CASH 01/25/10 $1.00 03/15/10 $1.00 0.0%

FEMKX 03/15/10 $22.62 05/10/10 $22.37 -1.11%

CASH 05/10/10 $1.00

Fund Rankings Update, 5/21/2010

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 iETF model portfolio: Sell EWW, Buy EWM.

There is an old stock adage, Sell in May and walk away. This May so far has been brutal. All major indexes fell below their 28 week support lines this week signaling an intermediate down trend. The S&P 500 index closed this week at 1087 down 4.23%, the Dow Jones Industrial Average decreased 4.02%, and the Nasdaq composite index lost 5.02% for the week.

Europe is in a shamble and China is in a slow down. This time, US is in a recovery mode and has to lead the world out of this economy crisis. Although the stock markets have been under severe selling pressure, our holdings in SSPP and SELECT model portfolios still maintain the positive momenta. Hopefully they can survive this down turn and come out profitable.

Fund Rankings Update, 5/14/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Stocks recovered some after the big loss last week. The S&P 500 index closed this week at 1135 up 2.23%, the Dow Jones Industrial Average increased 2.31%, and the Nasdaq composite index gained 3.58% for the week.

In the weekly chart of &P 500 index, the price is below the 13 week moving average but still above the 28-week support line. Its slow STO[15,1] has fell below 75 and is heading downward indicating that the market down side risk out weights the upside potential for the next couple of weeks.

Fund Rankings Update, 5/7/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Trading Signal occurred in FEMKX trading system: Sell FEMKX, Buy CASH.

US Stocks suffered the worst week since March, 2009 as investors worried that the Greece' debt crisis may spread to other Euro zone countries. Stocks started their slide on Tuesday, at one point Thursday afternoon, the Dow Jones Industrial Average plummeted 998 point in 15 minutes interval before recovery and at the end of the day closed down 350 point. Panic set in and sell off continued on Friday. The S&P 500 index closed this week at 1110, down 6.4%, the Dow Jones Industrial Average decreased 5.7%, and the Nasdaq composite index lost 8.0% for the week. The S&P 500 index has fallen 9% from its high of 1219. The official definition of a correction is 10%-15% below its high so we are not quite there yet.

Although the sell-off was intense, the monthly chart of S&P 500 index still shows that the index is above the support level and its long term momentum, indicated by the STO[15,1], is still above 80 (see chart 1below). The multi-year uptrend is still intact before the tend line is broken and the momentum fell below 70,

The FEMKX, however, was more sensitive to the sell-off. Its weekly momentum indicator, slow STO[15,1], fell from 83 to 60.16 in one week, below our sell threshold of 75, ans the 28 week support line was broken. A sell signal is issued and we will move to cash position. We have held FEMKX for 53 days with a loss of 7.3% for this trade.

Chart 1: Monthly Chart of S$P 500 index

Chart 2: Weekly Chart of FEMKX

Fund rankings and FEMKX updates, 4/30/2010

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 ITA, Buy IAT due to rank change.


Stocks suffered heavy loss due to Greece' debt crisis and the first quarter US GDP number failed to excite the investors. This is the third week the major indexes struggled around the resistance levels. The S&P 500 index closed this week at 1186 down 2.51%, the Dow Jones Industrial Average decreased 1.75%, and the Nasdaq composite index lost 2.73% for the week.

Here is the monthly update for our FEMKX timing system. We will buy FEMKX if its slow STO[15,1] climbs above 50, hold it for at least for a month, and sell it if its slow STO[15,1] falls below 75. We bought FEMKX on March 15 at $22.62 when its slow STO[15,1] climbed above 50. FEMKX closed this week at $23.26 with a gain of 2.8% after holding it for 46 days. Its STO stood at 83 as of Friday, 4/30.

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 06/13/08 $30.81 -2.90%

CASH 06/13/08 $1.00 03/27/09 $1.00 0.0%

FEMKX 03/30/09 $12.31 01/25/10 $21.96 78.4%

CASH 01/25/10 $1.00 03/15/10 $1.00 0.0%

FEMKX 03/15/10 $22.62