Fund Rankings Update, 7/19/2013

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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Two thirds of the company earnings reports have surpassed analysts' estimates, which helped stocks inched higher this week. However, Google, and Microsoft's missing the quarterly revenue and profit estimates dragged down the tech sector  For the week, S&P 500 index closed  at 1692, up 0.71%, Dow Jones Industrial Average gained 0.51%, while Nasdaq composite decreased 0.35%.


In the weekly chart of S&P 500 index, the index is gaining momentum as the stochastic indicator went back above 80 and going higher. With momentum on its back, the rally is expected to continue for some time. Overall, the strongest markets is in US, and bio tech, auto, and financial are the top 3 sectors.

Weekly Chart of S&P 500 index

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