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 nSSPP model portfolio: Sell REIT index (42627), Buy FEMKX
Stocks paused for mid-term election results and actions from FED next week. The S&P 500 index closed this week at 1183 up 0.02%, the Dow Jones Industrial Average decreased 0.13%, while the technology laden Nasdaq composite index gained 1.13% for the week.
Overall trend is unchanged this week. Technology and basic material are still the hot sectors in US, and in the global regions, India(INP) faded a bit while Austria(EWO) continue its high momentum surge. In nSSPP ranking table, our current holding (42627) was pushed out of the top 7 ranks and a sell signal was issued. We have held the fund for 147 days with a gain of 21%. The fund was replaced with emergent market fund, FEMKX.
For the FEMKX timing system, we still hold the fund as its momentum indicator STO[15,1] stands at 94 this week (see chart below). We have held the fund for 88 days with a gain of 11%. Trading history of FEMKX system can be found in the "Select_Log" page.
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