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.
Investor felt relief after Cyprus reaching bailout deal with EU. S&P 500 index closed the week at 1569, up 0.79%, Dow Jones Industrial Average gained 0.46%, and Nasdaq composite increased 0.69% for the week.
This economy recovery has been lead by United States, and performance of emerging market counties has been lagging behind since the beginning of the year. The momentum of our emerging market fund, FEMKX, perked up in November 2012, stayed high for 3 months but deteriorated fast in the past month. The stochastic indicator STO[15,1] of FEMKX fell below 75 this week, and a sell signal was generated in our FEMKX timing system. We have held FEMKX for 95 days with a gain of 3.95%.
1 comment:
Excellent rankings
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