Fund Rankings Update, 11/25/2011

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings

After failing to stay above the trend line last week, all the major indexes collapsed on the downside. SP 500 index closed this week at 1158 down 4.69%, the Dow Jones Industrial Average lost 4.78%, and the Nasdaq composite index decreased 5.09%.

Fund Rankings Update, 11/18/2011

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings

Fear of European debt crisis come back to haunt the Wall Street. All three major indexes closed this week above their 28 week moving average.  SP 500 index closed this week at 1215 down 3.81%, the Dow Jones Industrial Average lost 2.94%, and the Nasdaq composite index decreased 3.97%.

Fund Rankings Update, 11/11/2011

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings

Stocks succesfully tested the support after breaking the trend line. All three major indexes closed this week above their 28 week moving average.  SP 500 index closed this week at 1263 up 0.85%, the Dow Jones Industrial Average gained 1.42%, while the Nasdaq composite index decreased 0.28%.

Fund Rankings Update, 11/4/2011

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 SSPP model portfolio: Sell CASH, Buy FOCPX

Just as we thought the European debt crisis may be behind us, it came right back to haunt the investors' again.  SP 500 index closed this week at 1253 down 2.48%, the Dow Jones Industrial Average lost 2.03%, and the Nasdaq composite index decreased 1.86%.

In the weekly chart of S&P 500 index, we can see the index is testing the support line after breaking above it last week. The rally will be sustained if the test is successful, and we will find that out in the next couple of weeks.

Due to seasonal effect, technology sectors have shown stronger momentum than the other sectors during this rally. The technology laden OTC portfolio, FOCPX, grab the number one rank in the SSPP ranking table and a trading signal was issued to sell Cash and buy FOCPX. Note that this is the second week that we are taking a more aggressive position (We issued signal to sell FSLXX and buy FSRPX in SELECT model portfolio last week).