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: Sell FPBFX, Buy FDSCX
Trading signal occurs in nSSPP model portfolio: Sell FEMKX, Buy 42632 (FRONTIER SM CAP GR)
On the news that White house and minority congressional Republicans reached the tax cut deal, S&P 500 index closed this week at 1240 up 1.28%, the Dow Jones Industrial Average increased 0.25%, while the technology laden Nasdaq composite index led the way and gained 1.78% for the week.
With the US economy getting back to a more robust track and US dollar getting stronger, the domestic markets outperformed global markets in the past few weeks. In the more diversified ranking tables with both global funds and US domestic funds, we have experienced sector rotations between domestic funds and global funds. In the SSPP model portfolio, the pacific basin fund (FPBFX) has been pushed out of the top 7 ranks and is replaced with the top ranked small cap fund (FDSCX). All the top 7 rank funds in SSPP ranking table are US domestic funds. Similar situation happened in the nSSPP model portfolio, the global oriented emergent market fund (FEMKX) fell out of the top 7 ranks and is replaced with the small cap fund (42632).
We are still holding FEMKX for our FEMKX timing model which use momentum indicator, STO[15,1], as trading signals. With FEMKX timing system, we will buy it when its STO[15,1] climbs above 50 and sell it when its STO[15,1] fell below 75. The STO[15,1] of FEMKX has come down below 80 in the recent weeks but still maintained above our sell threshold of 75 (pleaese see chart below for detail). The trading log of FEMKX timing model is listed in the SELECT_Log page.
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