Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings
and
HSA Ranking Table
SSPP Ranking Table
New SSPP (RSP) Ranking Table
Select Ranking Table
ETF Ranking Table
sETF Ranking Table
iETF Ranking Table
SSPP, RSP and HSA Trading Logs
Select and FEMKX Trading Logs
ETF, sETF and iETF Trading Logs
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US economy grew slower than expected in the first quarter of the year but stock markets held up quite well with the help of solid company earnings. S&P 500 index closed the week at 1582, up 1.74%, Dow Jones Industrial Average gained 1.13%, and Nasdaq composite increased 2.28% for the week.
This week again, we saw the S&P 500 index forming the top in the weekly chart. The momentum is coming down from extreme high area and the volatility is increasing. The index is trading at the top of the up-trend trading channel so caution is warranted.
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