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.
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
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