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
Trading signal occurs in FEMKX timing system: Sell FEMKX, Buy CASH.
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Friday's report about US economy adding 175,000 jobs propelled the DJIA 207 points and save the otherwise down week for Wall street. For the week, S&P 500 index closed at 1643, up 0.78%, Dow Jones Industrial Average gained 0.88%, and Nasdaq composite increased 0.39%.
This 6 month rally started on 11/16/2012 from the low of 1343 and ran up to 1687 on 5/22/2013. Along the way, it has touched the 50 day moving average four times on 1/2, 2/26/, 4/19, 6/6, and has successfully bounced off (tested) the trend line the first 3 times to sustain the rally. The subsequent market reaction on Friday provided a positive sign for the rally to continue but we will see in the next couple of week that if this is a bully trap or genuine successful re-test.
Daily chart of S&P 500 index
The market consolidation since May 17 and the weak global markets caused three consecutive down weeks for Fidelity emergent market fund, FEMKX, and pulled its momentum indicator down to 38, well below the sell threshold of 75 for our FEMKX market timing system. According the the system, a sell signal was issued to sell the fund and move to cash position. The system has held the fund for 32 days with a loss of 4.8% (see FEMKX trading log).
Weekly chart of FEMKX
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