Fund Rankings Update, 7/5/2013

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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Positive economy data pushed the stock markets higher. US economy added 195000 jobs in June better than the 165000 jobs  expected by the economists.  For the week, S&P 500 index closed  at 1631, up 1.59%, Dow Jones Industrial Average gained 1.52%, and Nasdaq composite increased 2.24%.

S&P 500 index rebounded the second week as shown in the weekly chart. Its momentum is slowly turning around as the STO[15, 1] indicator stop marching downward.  In the daily chart, the index managed to climbed above its 50 day moving average this Friday. If the index can stay above its 50 day moving average next week, we can confidently say that the test of support in weekly chart is successful and the index will continue its uptrend.   


Weekly chart of S&P 500 index


Daily chart of S&P 500 index




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