Fund Rankings Update, 4/29/2011

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 iETF model portfolio: Sell EWC, Buy EWY.

Strong company earnings bostted stocks market again. The S&P 500 index closed this week at 1363 up 1.96%, the Dow Jones Industrial Average gained 2.44%, and the technology laden Nasdaq composite index increased 1.89% for the week.

From May 2, some funds in our Health Saving Account (HSA) program will be retired, and more funds will be added to the program. Some of the remaining funds also have changed their symbols. To reflect these changes, I have revamped the HSA ranking table, and HSA model portfolio. I have selected 20 funds out of the 23 funds in the program for momentum ranking. The funds with symbol changes are:
CBSAX-->>CLSPX
COVAX-->>NSVAX
NAESX-->>NAESX
VIMSX-->>VIMSX
CMUAX-->>NAMAX
NLGIX-->>NGPAX
NBIAX-->>NBGPX
NLFAX-->>CLGZX

No comments: