Fund Rankings Update, 1/26/2018

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 winning streak in the new year boosted by strong company earnings and their positive outlook. All major indices reached their new record high.  For the week, S&P 500 index closed at 2872, up 2.23%, Dow Jones Industrial Average gained 2.09% and technology laden NASDAQ composite index increased 2.31%.

Weekly chart of S&P 500 index

Fund Rankings Update, 1/19/2018

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 sELECT model portfolio: Sell FSELX, Buy FSRPX
 Trading signal occurs in iETF model portfolio: Sell EWY, Buy EZA

 Trading signal occurs in FEMKX timing system: Sell Cash, Buy FEMKX

Stocks went up for the third week with higher daily volatility driven by company earning reports. Most economists agree that the economic growth will continue with interest rate slowly rising while geopolitical tension, and changes in fiscal and trade policies may disrupt the market this year. For the week, S&P 500 index closed at 2810, up 0.86%, Dow Jones Industrial Average gained 1.04% and technology laden NASDAQ composite index increased 1.04%.

Weekly chart of S&P 500 index

With strong momentum, S&P 500 index is riding higher and higher as seen in the weekly chart. Sector rotation can also be seen in the SELECT AMI ranking table. Retail and Energy Sectors have gained much momentum in recently weeks while utility sector was left behind. Several trading signals were issued this week due to this sector rotation and market strength.

Fund Rankings Update, 1/12/2018

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 ETF model portfolio: Sell IGM, Buy EZA

Stocks continued it winning streak boosted by solid retail sales growth in December.  Initial earning reports from financial institutes also provided confidence to investors. For the week, S&P 500 index closed at 2786, up 1.57%, Dow Jones Industrial Average gained 2.01% and technology laden NASDAQ composite index increased 1.74%.

Weekly chart of S&P 500 index

The technical strength of S&P 500 index remains the same as last week. The index is riding high with great momentum and increased upward speed. The index (and stock markets) is moving higher in a parabolic fashion and that usually ends up in collapse. We have been turning cautious for a while but still stay in the markets according to our systems. As we've discussed last week, when the inevitable comes, make sure to stick to your trading plan. 

Trading signal occurs in ETF model portfolio this week. The momentum rank of IGM (technology index fund), even it is still moving higher, is pushed out of the ranking threshold by other index funds. We have held IGM for 32 days with a gain of 5.7%. IGM is replaced with South Africa Index Fund, EZA.

Fund Rankings Update, 1/5/2018

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 came out of the gate strong in the new year. Strong economic data pushed all major indices to their new high.  For the week, S&P 500 index closed at 2743, up 2.60%, Dow Jones Industrial Average gained 2.33% and technology laden NASDAQ composite index increased 3.38%.

Weekly chart of S&P 500 index

Stocks defied gravity and heading drastically higher right at the start of the new year. Carried by its momentum, S&P 500 index reached another new record high and increased the speed of its upward trajectory.  As we are riding with the stocks on the way up and ripping the benefit, one should remain vigilant. No one has the crystal ball to predict the future. The best we can to is to diligently follow through or trading plan/system.