YCP ETF and Mutual Fund Rankings

Fund Rankings and FEMKX Update, 7/31/2009

Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/

This week marked the end of earning season. Good company earning reports have rallied the stock market for the third weeks. The SP 500 index closed this week at 987, up 0.8%, the Dow Jones Industrial Average increased 0.9% for the week, and the Nasdaq composite index gained 0.6%. The second-quarter GDP dipped only 1%, indicating that the recession is about to end and the economy is going to grow again. According to the news report, the "cash for clanker" stimulus program which gives upto $4500 for consumers to replace their old vehicles has run out of the money in the first week due to its success. Hopefully, the boost in car sales can ignite the consumer spending and pull the economy back to its growth path.

Here is an 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 into FEMKX on 3/30 at $12.31. FEMKX closded at $19.11 today with a gain of 55.2% so far! We are still holding FEMKX since its STO[15,1] currently stands at 96.3.

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, 7/28/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Fund Rankings Update, 7/24/2009

Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/

Stocks carried the momentum from last week's rally. The SP 500 index closed this week at 979, up 4.1%, the Dow Jones Industrial Average increased 4.0% for the week, and the Nasdaq composite index gained 4.2%. The price movement of the S&P 500 index looked pretty good. The index climbed higher than the high it made in early June and the Stochastics is climbing again after 4 weeks of falling. From the chart, the next resistance level is at 1100.

Again Automotive and Technology are still the sectors to be in.

iEF and sETF rankings update, 7/21/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Fund Rankings Update, 7/17/2009

Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/

We have been waiting for good economy news to boost the investors' confidence and we got it this week. INTEL, Goldman Sach, and IBM reposted strong company earnings early this week and rally the stock markets. The SP 500 index closed this week at 940, up 7.0%, the Dow Jones Industrial Average increased 7.3% for the week, and the Nasdaq composite index gained 7.4%. The S&P 500 has climbed back above the 900 support level. This price movement showed that there are strong support at this level, and the level has to be hold to continue the rally since March.

Automotive, Technology are among the strongest sectors for the week. Technology sector usually leads the pack in the recovery phase. We shall see if this is the case.

iEF and sETF rankings update, 7/14/2009

Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/

Fund Rankings Update, 7/10/2009

Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/

In the absence of upbeat economic news, the stock markets drifted lower this week. The SP 500 index closed this week at 879, down 1.9%, the Dow Jones Industrial Average decreased 1.6% for the week, and the Nasdaq composite index lost 2.3%. Note that the S&P 500 has broken the 900 support level and its momentum is deteriorating. Next week quite a few companies are going to report quarterly earnings. Hopefully we can get some good news to give the market a boost.