Fund rankings update, 10/15/2010


Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings/

Technology sector lead the stock market higher this week. The S&P 500 index closed this week at 1176 up 0.95%, the Dow Jones Industrial Average increased 0.51%, and the Nasdaq composite index gained 2.78% for the week.

With the economy recovery seemingly back on track, the basicmaterial and technology sectors are leading the way in US. In the weekly chart of S&P 500 index, the price is well above the trend line and the momentum (STO[15,1]) is high at 95, indicating that the rally will last for a while. In the global arena, Austria and Hong Kong are coming strong while India still hold the top rank. Overall the international markets are outperforming US markets.


Fund rankings update, 10/8/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings/

Trading signal occurs in sETF model portfolio: Sell ICF, Buy IXP

Stocks resumed its rally this week hoping Fed will ease money policy again to excite the lackluster economy recovery and lower unemployment rate. The S&P 500 index closed this week at 1165 up 1.65%, the Dow Jones Industrial Average increased 1.63%, and the Nasdaq composite index gained 1.31% for the week.

This rally has been very strong. The major indexes went up more than 10% in September and seem want to go higher. In the domestic industrial sectors, the telecom and material sectors are among the sectors with highest momentum. In fact, the real estate index (ICF) was pushed out of the top 7 rank this week and a sell signal was issued in the sETF model portfolio. The top 7 ranked funds in the sETF ranking table are filled mostly with telecom and material indexes.

International funds has outperformed US funds during this rally partly due to the weak dollar. India, Hong Kong and South Africa round up the top 3 funds with Austria coming strong in the iETF ranking table.

Fund rankings update, 10/1/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Stock rally took a break this week, the S&P 500 index closed this week at 1146 down 0.21%, the Dow Jones Industrial Average decreased 0.28%, and the Nasdaq composite index lost 0.44% for the week. In the weekly chart of S&P 500 index, the index stayed above the trend line and the STO[15,1] momentum remained strong.

By popular demands, I am posting the trading log of FEMKX model in the "SELECT_Log" page. I have updated the FEMKX model at the end of every month for a while, but some readers would like to follow it more closely so I decided to post it out weekly along with SELECT trading log. Note that this model uses technical indicator (stochastics) for trading signals not the momentum rankings. The trading rule is described in the trading log.




Fund rankings and FEMKX update, 9/24/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings/

Trading signal occurs in SSPP model portfolio: Buy FPBFX, Sell FNMIX.
Trading signal occurs in SELECT model portfolio: Buy FSCHX, Sell FSUTX.

After breaking above the trend line, stocks remained strong this week. The S&P 50
0 index closed this week at 1148 up 2.05%, the Dow Jones Industrial Average increased 2.38%, and the Nasdaq composite index gained 2.83% for the week. In the weekly chart, the S&P 500 index has decisively climbed above the trend line and has broken the trading range since May. Looks like this rally has staying power.


Here is the monthly update for our FEMKX timing system. This system has timed the market pretty well in the past and hopefully it is as reliable this time. We will buy FEMKX if its slow STO[15,1] climbs above 50, hold at least for a month, and sell it if its slow STO[15,1] falls below 75. FEMKX is at $24.35, 5.1% above our phase price of $23.17. Its STO[15,1] currently stands at 99 so no action is needed. In the weekly chart, FEMKX broke through the trend line in mid-July, succesfully test the support in late August. I expect the up-trend will keep going for a while.

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 06/13/08 $30.81 -2.90%
CASH 06/13/08 $1.00 03/27/09 $1.00 0.0%
FEMKX 03/30/09 $12.31 01/25/10 $21.96 78.4%
CASH 01/25/10 $1.00 03/15/10 $1.00 0.0%
FEMKX 03/15/10 $22.62 05/10/10 $22.37 -1.11%
CASH 05/10/10 $1.00 08/02/10 $1.00 0.0%
FEMKX 08/02/10 $23.17

Fund rankings update, 9/17/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Trading signal occurs in HSA model portfolio: Buy NIIAX, Sell NAHAX.

Stocks continued the September rally. The S&P 500 index closed this week at 1125 up 1.45%, the Dow Jones Industrial Average increased 1.39%, and the Nasdaq composite index gained 3.26% for the week. The S&P 500 index finally breaks above the trend line this week although not by much. We shall see if this rally has staying power and turn itself into a up-trend in the following weeks.

Technology sectors especially software and telecommunication are gaining momentum in the past few weeks, which propel the NASDAQ composite index to the best performance among the major indexes this week. In the international front, southeast Asia (Malysia, Singapore, Hong Kong, ..) has been the strongest region in the world for the past few weeks.



Fund rankings update, 9/10/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Trading volume was low this week due to short trading week and quite a few traders have not come back from their vacations. The S&P 500 index closed this week at 1109 up 0.46%, the Dow Jones Industrial Average increased 0.14%, and the Nasdaq composite index gained 0.39% for the week. The S&P 500 index stayed below the trend line for another week. In the past 4 months, the S&P 500 index has failed to break above the trend line twice. It will be interesting to see if the index can break the trend line in the coming weeks.


Fund rankings update, 9/3/2010

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, nSSPP, SELECT, ETF, iETF, sETF have been posted at http://ycprankings.atspace.com/

Boosted by better than expected economy news, stocks went up strongly this week. The S&P 500 index closed this week at 1104 up 3.75%, the Dow Jones Industrial Average increased 2.93%, and the Nasdaq composite index gained 3.72% for the week. In the weekly chart of S&P 500 index, the STO[15,1] momentum indicator climbed above 50 this week. However, the price is still below the trend line at 1120. We would like to see the price break above the trend line for confirmation of the intermediate up trend.

In the monthly chart of S&P 500 index, we can see the index whipsawing around the trend line for the past few months. The economy uncertainty has been reflected in the price action of the index. Unless the economy recovery picks up the steam again (which I hope it will), we may see the index stuck in the trading range for a while.