Fund Rankings Update, 12/14/2012

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 SELECT model portfolio: Sell FBMPX Buy FSHOX.

As we getting closer to "Fiscal Cliff", investors grow more and more cautious.  S&P 500 index closed the week at 1413, down 0.32%.  Dow Jones Industrial Average lost 0.15%, and Nasdaq composite, dragged down again Apple, decreased 0.23%.

Cyclical sectors in the US have been gaining momentum partly due to the lower oil prices. In the SELECT ranking table, automotive and air transportation sector funds have climbed up fast through the ranks.  FBMPX is pushed down below 7th rank and a Trading signal was issued to sell FBMPX and buy the number one ranked FSHOX.