Fund Rankings Update, 5/29/2015

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


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

Wall street is still seeking direction with the backdrop of mixed economy data. Expansion in new home sales and increased manufacturing activities mingled with GDP contracted 0.7%, much lower than the expected 0.2%，in the first quarter.  For the week S&P 500 index went down 0.88% and closed at 2107, Dow Jones Industrial Average lost 1.21% and the NASDAQ composite index decreased 0.38%.

Weekly chart of S&P index

ECB's "QE" police has propped up economic activities in Europe. A trading signal occurs this week in SSPP model portfolio to replace Fidelity OTC portfolio fund, FOCPX, with the Europe Fund, FIEUX. We have held FOCPX for 249 days with a gain of 13.4%.