Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/
Strong company earnings boosted investors' confidence. The S&P 500 index closed this week at 1102 up 3.55%, the Dow Jones Industrial Average increased 3.24%, and the Nasdaq composite index gained 4.15% for the week. It is encouraging to see the price climbed above the trend line again in the weekly chart of S&P 500 index. However, we need to see the momentum indicator, STO[15,1], also climbs above 50 to declare the return of the up trend.
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