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 was thin for this short holiday week but stocks still managed to close the week higher. The S&P 500 index closed this week at 1256 up 1.03%, the Dow Jones Industrial Average increased 0.71%, and the technology laden Nasdaq composite index gained 0.86% for the week.
Sensing the pick up in US' economy, oil price has risen above $90 and the price of other energy source has also risen in the past few weeks. We can see the ranks of oil/natural resource related funds rising in the Select and sETF ranking tables. In the global arena, rapid regional rotations have occurred after October. For the moment, Taiwan, Mexico and South Africa are taking the top 3 ranks in iETF ranking table.
You may notice that I have added 2 QR codes in the right side bar of this blog. These are for users who has QR code scanners in their mobile/smart phones or i-pod touch to quickly access this blog site (QR code 1) and momentum ranking tables (QR code 2) from their mobile devices. Use the code reader in your phone to scan the picture and it will automatically take you to the site. Merry Christmas and Happy New Year!!
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