iEF and sETF rankings update, 10/13/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at :http://yechen.pan.googlepages.com/
Fund Rankings Update, 10/9/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
On Monday, Alcoa kicked off the third quarter earning season with a positive outlook and brought back investors' optimism. Stocks posted strong gain after two weeks in the losing column. The SP 500 index closed this week at 1071, up 4.5%, , the Dow Jones Industrial Average increased 4.0%, and the Nasdaq composite index gained 4.5% for the week. I still think that we are heading toward 1200 level for SP 500 index.
I have removed FNINX and FSPFX from Select ranking table since they have been closed since June. In the Select ranking table, FSAIX held the number 1 ranking for the second week due to stable oil price. However, energy related sectors, such as energy service, natural gas are coming up strong and worth our attention. On the international front, Latin America (ILF) and Brazil(EWB) are moving up fast in the iETF table.
On Monday, Alcoa kicked off the third quarter earning season with a positive outlook and brought back investors' optimism. Stocks posted strong gain after two weeks in the losing column. The SP 500 index closed this week at 1071, up 4.5%, , the Dow Jones Industrial Average increased 4.0%, and the Nasdaq composite index gained 4.5% for the week. I still think that we are heading toward 1200 level for SP 500 index.
I have removed FNINX and FSPFX from Select ranking table since they have been closed since June. In the Select ranking table, FSAIX held the number 1 ranking for the second week due to stable oil price. However, energy related sectors, such as energy service, natural gas are coming up strong and worth our attention. On the international front, Latin America (ILF) and Brazil(EWB) are moving up fast in the iETF table.
iEF and sETF rankings update, 10/6/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at :http://yechen.pan.googlepages.com/
Fund Rankings Update, 10/2/2009
Stocks continue the weakness from last week. The SP 500 index closed this week at 1025, down 1.8%, the Dow Jones Industrial Average decreased 1.8%, and the Nasdaq composite index lost 2.1% for the week. Keep in mind that the stocks had a very strong July-September period, gaining 15%, and a pull back is expected. The S&P 500 index still closed this week above the critical 1000 support level.
In the monthly chart of the S&P 500 index since year 1990, the index has crossed above its trend line and the Stochastics is at 55 as of 10/1/2009, hence, the multi-year bull trend was confirmed.
iEF and sETF rankings update, 9/29/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at :http://yechen.pan.googlepages.com/
Fund Rankings and FEMKX Update, 9/25/2009
Trading signal occurs in ETF model portfolio: Sell EWW, Buy IYR.
Stocks showed sign of weakness. The SP 500 index closed this week at 1044, down 2.2%, the Dow Jones Industrial Average decreased 1.6% for the week, and the Nasdaq composite index lost 2.0%. Weak numbers from housing indicated that the growth of economy has not gained a firm footing yet. Recovery has arrived but we still have a long way to go.
In ETF ranking table, EWW has lost steam and dropped below 10th rank. We will sell it and replace it with IYR.
Here is the monthly update for our FEMKX timing system. We will buy FEMKX if its STO[15,1] climbs above 50, hold at least for a month, and sell it if its STO[15,1] falls below 75. We bought FEMKX on 3/30 at $12.31. FEMKX closded at $20.75 today with a gain of 68.9% after holding it for 179 days. We are still holding FEMKX since its STO[15,1] currently stands at 96.9 well above the selling threshold of 75.
Here is the monthly update for our FEMKX timing system. We will buy FEMKX if its STO[15,1] climbs above 50, hold at least for a month, and sell it if its STO[15,1] falls below 75. We bought FEMKX on 3/30 at $12.31. FEMKX closded at $20.75 today with a gain of 68.9% after holding it for 179 days. We are still holding FEMKX since its STO[15,1] currently stands at 96.9 well above the selling threshold of 75.
Fund Buy On Buy@ Sell On Sell@ P/L
FEMKX 03/26/07 $25.15 08/06/07 $29.53 17.42%
FEMKX 09/10/07 $28.98 12/28/07 $33.82 16.71%
FEMKX 04/28/08 $31.73 6/13/08 $30.81 -2.90%
CASH 06/13/08 $1.00 3/27/09 $1.00 0.0%
FEMKX 03/30/09 $12.31
iEF and sETF rankings update, 9/22/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at :http://yechen.pan.googlepages.com/
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