Fund Rankings Update, 11/29/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.awardspace.us/RankingTables.htm  and AMI Tables and Logs


Trading was quiet in this holiday shortened week with Nasdaq joining S&P500 and DJIA by breaking above its 4000 round number barrier.  S&P 500 index closed at 1805, up 0.06%, Dow Jones Industrial Average gained 0.13%, while Nasdaq composite increased 1.71% for the week. Weekly jobless number dropped more than expected and early indication of Black Friday sales is encouraging. Looks like we are going to have a good holiday season.

Weekly chart of S&P 500 index

Fund Rankings Update, 11/22/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.awardspace.us/RankingTables.htm  and AMI Tables and Logs

Trading signal occurs in SSPP model portfolio: Sell FOCPX, Buy FLPSX.

Stocks edged higher to record territory for the second week.  S&P 500 index closed at 1804, up 0.37%, Dow Jones Industrial Average gained 0.65%, while Nasdaq composite increased 0.14% for the week. S&P 500 index and Dow Jones Industrial average have both broken above their psychological barriers of 1800 and 16000 respectively. Nasdaq composite is not far behind with 3991, 9 points shy of the 4000 barrier. 

Weekly Chart of S&P 500 Index

Fund Rankings Update, 11/15/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.awardspace.us/RankingTables.htm  and AMI Tables and Logs

Stocks marched higher to record territory after 2 weeks of consolidation.  S&P 500 index closed at 1798, up 1.56%, Dow Jones Industrial Average gained 1.27%, while Nasdaq composite increased 1.7% for the week.

Fund Rankings Update, 11/8/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.awardspace.us/RankingTables.htm  and AMI Tables and Logs

Trading signal occurs in sETF model portfolio: Sell IBB, Buy ITA.

Stocks continue to digest the lofty gain for the second week.  S&P 500 index closed at 1770, up 0.51%, Dow Jones Industrial Average gained 0.94%, while Nasdaq composite decreased 0.07% for the week.

Fund Rankings Update, 11/1/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.awardspace.us/RankingTables.htm  and AMI Tables and Logs

Trading signal occurs in SELECT model portfolio: Sell FBIOX, Buy FSAIX.

Stocks took a pause after reaching record high with mixed results. S&P 500 index closed at 1761, up 0.118%, Dow Jones Industrial Average gained 0.29%, while Nasdaq composite decreased 0.54% for the week.   

Sector rotation can be observed in the SELECT ranking table: Air transportation, wireless communication  defense, and natural gas have been gaining momentum while automotive, technology and biotech have lost their shine. FBIOX was pushed out of the rank 7 in SELECT ranking table and a trading signal was issued in our model portfolio to sell the fund and buy into the current number one ranked fund, FSAIX. We have hold FBIOX for about 6 months with a gain of 16%. 

S&P 500 index is trading near the top of the rising channel as shown in the weekly chart below. Past experience has told us that stocks marched in a waved pattern and has never gone up in straight line. A slowdown or pull back is deemed to happen, however, severe and prolonged down turn is nowhere to be seen at this moment.  

Weekly Chart of SP 500 Index