Fund Rankings Update, 5/6/2016

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.

Stocks continued their consolidation for the second week with S&P 500 index still staying above its 28 week moving average.  For the week S&P 500 index closed at 2057, down 0.4%, Dow Jones Industrial Average lost 0.19% and the  technology laden NASDAQ composite index decreased 0.82%.


Weekly chart of S&P 500 index

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