Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings/
Trading signal occurs in FEMKX Timing model: Sell FEMKX, Buy CASH.
Selling mood prevailed in the wall street. Investors unloaded their positions on any earning miss, so so economy data and unsettling political news from Egypt. The S&P 500 index closed this week at 1275 down 0.55%, the Dow Jones Industrial Average decreased 0.41%, and the technology laden Nasdaq composite index lost 0.1% for the week.
The momentum indicator STO[15,1] of FEMKX has dropped below the selling threshold of 75, and a sell signal has been issued. We have held FEMKX for about 180 days with a gain of 10%. According to our FEMKX timing rule, we will buy the fund if its STO climbs above 50 and sell the fund if its STO falls below 75. Detail trading record of the FEMKX timing model can be found in the SELECT_Log page.
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