Seeking Alpha

mybestfunds'  Instablog

mybestfunds
Send Message
I've been trading part time for 20 years working to develop a strategy that allows me to focus on my day job while investing for today and my retirement. I've been heavily influenced by Mebane Faber's book The Ivy Portfolio. I do not follow Faber's technique directly, but have developed my own... More
My company:
mybestfunds
My blog:
mybestfunds
View mybestfunds' Instablogs on:
  • Fidelity, Vanguard, Schwab, And Profunds Fund Rankings
    The SP-500 and the other indices finished relatively flat this week, resulting in minimal changes to the rankings. Sector funds are at the top of the Rankings. Remember that even though a Fund is ranked in the Top 15, if it is colored red it is in a downtrend. Green coloring indicates positive rate of change over the past period, and red indicates negative rate of change. For the full list of funds that are ranked see our Funds listing.

    Selected Fidelity Funds Rankings

    Selected Fidelity Funds Rankings for March 24, 2012
    Selected Vanguard ETF Rankings
    Selected Vanguard ETF Rankings for March 24, 2012
    Selected Schwab & Profunds Funds Rankings
    Selected Schwab & Profunds Funds Rankings for March 24, 20112

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Mar 24 5:05 PM | Link | Comment!
  • Weekly SP-500 Trend Commentary
    *** Status: Market Cautiously Bullish - Sector Funds ***

    Due to travel and computer issues, I missed some posts, but we should be back to normal posting now. The SP-500 dipped down earlier in the week and recovered to essentially close flat for the week (+0.09%). It is sitting at the recent resistance area of ~1370. The general market trading filter I use (SP-500 53 day CCI) is now at +99 indicating Market Up which is down from +106 last week. My multiple composite SP-500 indicators on the daily chart are both bullish, with the Blau Ergodic Composite Indicator bullish and the MACD composite bullish. The SP-500 index is down only ~0.28% from the recent May 2011 high of 1370. The CCI indicators at the right give a good indication of the market. At this time we see all bullish except for the IEF bond fund.

    The Guppy Plot for the SP-500 Index remains very Bullish, after a dip down in the average slope of the Fast Moving Averages. The Fast Moving Averages are above the Slow Moving Averages. The average slope of the Fast Moving Averages and the average slope of the Slow Moving Averages, are both positive.The ADX components are bullish after a short move bearish, and the Stoch has moving back up.

    We'll see what the next week brings. We don't try to forecast the market here, rather we just monitor the current conditions and react accordingly. I hope you find this blog helpful. If you do, why not leave a comment.

    Rankings:

    This week's Rankings are showing Sector Funds at the top which indicates a bullish market, but some bond funds are rising in the ranking so caution is needed. Ranking scores are color coded to indicate positive ranking scores (rate of change / volatility) in green, and negative ranking scores in red. Overall the list is sorted by overall rank but the score that makes up the rank can be positive or negative depending on the recent rate of change. The full list of the funds that are ranked can be found under the Funds tab. Current Rankings of the Funds can be found under the Rankings tab.

    What Others are Saying (all free sites): Overall Bullish - Mixed

    AAII Sentiment: 42% Bullish / 29% Neutral / 29% Bearish

    Investors Intelligence: 48% Bullish / 27% Bearish

    Barchart: 72% Buy (last week 96% Buy)

    Bulkowski: Bullish (CPI= 91% - last week 84%)

    Buy-Don't Hold: Sell (1)

    Consensus Traders: 28% Bullish / 23% Neutral / 49% Bearish (NYSEARCA:SPY)

    MarketClub: Buy (SPY - see Scott's Investments)

    MTR Investors Market Timing Model: Market Down

    MyPlanIQ Trend Score: +7.51% (SPY +8.31% last week)

    10 DMA New High - New Low Ratio: Bullish (see Chris Perruna for explanation)

    Nasdaq New High - New Low Cumulative: Bullish (see recent post)

    NYSE New High - New Low Cumulative: Bullish (see recent post)

    US Stock New High - New Low Cumulative: Bullish (see recent post)

    Pattern Trapper: Bullish (SPY)

    SP-100: Bullish (see dshort.com)

    SP-500 Weekly MACD: Bullish (see StockCharts)

    Stock TA (SPY): Bullish

    Stock Trends: Bullish

    TimelySetup: Neutral

    Wishing Wealth: Market Up (GMI-2 = 6/6)

    TheWizard: Very Bullish (SP-500 Long Term Signal)

    dshort.com: Invested (Note - monthly SP-500 10-EMA signal)

    Click on Charts to Enlarge

    SP-500 Daily Chart for March 10, 2012
    SP-500 Daily Guppy Chart for March 10, 2012

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: SPY
    Mar 10 12:24 PM | Link | Comment!
  • Fidelity, Vanguard, Schwab, And Profunds Fund Rankings
    The SP-500 dipped, and has risen back to recent resistance levels. Sector funds remain at the top of the Rankings, but some bond funds are starting to move up in the rankings, suggesting caution. Remember that even though a Fund is ranked in the Top 15, if it is colored red it is in a downtrend. Green coloring indicates positive rate of change over the past period, and red indicates negative rate of change. For the full list of funds that are ranked see our Funds listing.

    Selected Fidelity Funds Rankings

    Selected Fidelity Funds Rankings for March 10, 2012
    Selected Vanguard ETF Rankings
    Selected Vanguard ETF Rankings for March 10, 2012
    Selected Schwab & Profunds Funds Rankings
    Selected Schwab & Profunds Funds Rankings for March 10, 20112

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Mar 10 12:23 PM | Link | Comment!
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.