Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings/
Trading signal occurs in SSPP model portfolio: Buy FPBFX, Sell FNMIX.
Trading signal occurs in SELECT model portfolio: Buy FSCHX, Sell FSUTX.
After breaking above the trend line, stocks remained strong this week. The S&P 50
0 index closed this week at 1148 up 2.05%, the Dow Jones Industrial Average increased 2.38%, and the Nasdaq composite index gained 2.83% for the week. In the weekly chart, the S&P 500 index has decisively climbed above the trend line and has broken the trading range since May. Looks like this rally has staying power.
Here is the monthly update for our FEMKX timing system. This system has timed the market pretty well in the past and hopefully it is as reliable this time. 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. FEMKX is at $24.35, 5.1% above our phase price of $23.17. Its STO[15,1] currently stands at 99 so no action is needed. In the weekly chart, FEMKX broke through the trend line in mid-July, succesfully test the support in late August. I expect the up-trend will keep going for a while.
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 08/02/10 $1.00 0.0%
FEMKX 08/02/10 $23.17
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