Fund Rankings Update, 11/27/2015

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 RSP model portfolio: Sell 05088, Buy 42627 (see RSP ranking table) .

Following Thanksgiving tradition, major stock indices were flat this shortened trading week. Economy data showed growing personal income, falling jobless claim and upward revision of 3rd quarter GDP.   For the week S&P 500 index closed at 2090, up 0.04%, Dow Jones Industrial Average lost 0.14% while technology laden NASDAQ composite index increased 0.44%.


Weekly chat of S&P 500 index
S&P 500 index stabilized around the recent high level to reduce the volatility in the weekly chart. In the past years, "Santa Rally" usually moved the market higher through out December into Christmas. This year, we have yet to see any indication of "Santa Rally". As we still have four weeks to go before Christmas, hopefully Santa can come in time to bring gift to the markets.

This week another model portfolio moved away from defensive position. A trading signal occurred in RSP model portfolio to sell Black Rock US debt index (05088) and buy SSGA REIT index (42627) due to momentum ranking change. We have held 05088 for 91 days with a gain of 0.3%.  



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