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 continue to make new high. SP 500 index closed the week at 1513, up 0.68%, Dow Jones Industrial Average gained 0.82%, and Nasdaq composite increased 0.93%.
Auto sector is strong, and housing sector is in the mist of recovery. US economy is creating more jobs and fear of debt crisis is lessening for now. With all these favor factors on their back, stocks continue to march higher. Of course, the uptrend will not continue forever. A correction or a consolidation will occurs sooner or later. We should enjoy the ride before that happens.
Readers may see a security warning message as shown in the picture below when access the ranking tables from behind a company fire wall using Internet Explorer. In this case, one has to click "No" to see the ranking tables and trading logs. There is no issue with Chrome browser or direct connection to internet.
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