Fund Rankings Update, 1/10/2014

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 FLPSX, Buy FTRNX.


Stocks closed mixed as investors confused about the strong private payroll growth data and weaker than expected  job report in December.  S&P 500 index closed at 1842, up 0.6%, Dow Jones Industrial Average lost 0.2%, and Nasdaq composite increased 1.03% for the week. 

As discussed before, the weekly chart pattern of this rally since October, 2013 has been very similar to the rally between January and May, 2013. Right now, we are in the equivalent of March-April time frame in that rally. It will be interesting to see if history will repeat itself. 

Weekly Chart of S&P 500 Index