iEF and sETF rankings update, 6/30/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Fund Rankings Update, 6/26/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
Personal income and saving rate were up but investors were still worried about the robustness of this recovery. The SP 500 index closed this week at 918, down 0.25%, and the Dow Jones Industrial Average decreased 1.19% for the week, while the Nasdaq composite index gained 0.59%. The S&P 500 index briefly dipped below the 900 support level during the week but quickly climbed back. That was a good sign, however, with S&P 500 index so close to the support level, we are carefully monitoring its development.
Automotive and technology are among the strongest sectors for the week.
Personal income and saving rate were up but investors were still worried about the robustness of this recovery. The SP 500 index closed this week at 918, down 0.25%, and the Dow Jones Industrial Average decreased 1.19% for the week, while the Nasdaq composite index gained 0.59%. The S&P 500 index briefly dipped below the 900 support level during the week but quickly climbed back. That was a good sign, however, with S&P 500 index so close to the support level, we are carefully monitoring its development.
Automotive and technology are among the strongest sectors for the week.
iEF and sETF rankings update, 6/23/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Fund Rankings Update, 6/19/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
Stock market took a hit this week. The S&P 500 index closed at 921, down 2.64%, and the Dow Jones Industrial Average decreased 2.95% for the week, while the Nasdaq composite index lost 1.7%. Correction at this stage is healthy for the long running rally. We shall see if the S&P 500 index can successfully retest the 900 support level.
Stock market took a hit this week. The S&P 500 index closed at 921, down 2.64%, and the Dow Jones Industrial Average decreased 2.95% for the week, while the Nasdaq composite index lost 1.7%. Correction at this stage is healthy for the long running rally. We shall see if the S&P 500 index can successfully retest the 900 support level.
iEF and sETF rankings update, 6/16/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Fund Rankings Update 6/12/2009
Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
Stock market was flat this week. The S&P 500 index closed at 946, up 0.7%, and the Dow Jones Industrial Average increased 0.4% for the week, while the Nasdaq composite index gained 0.5%. Automotive, natural resource and energy sectors remained strong.
Stock market was flat this week. The S&P 500 index closed at 946, up 0.7%, and the Dow Jones Industrial Average increased 0.4% for the week, while the Nasdaq composite index gained 0.5%. Automotive, natural resource and energy sectors remained strong.
iEF and sETF rankings update, 6/9/2009
Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Trading signal occurs in iETF model portfolio: Sell EWT, buy INP.
Trading signal occurs in iETF model portfolio: Sell EWT, buy INP.
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