A not a very good week, not a time to buy or sell anything yet. The sum of all the deviations has been 712, 816, and now 784.
The number of funds I rate as buy over the last 3 weeks has been 09, 36, and now 43.
The week was sure an up and down ride for market prices. One ETF which is interesting is DDN which is a double Dow Jones Industrial Average ETF. While the DIA (DJIA ETF) is up 27.57%, DDM (double DJIA ETF) is up 58.42% since 12/01/16. I purchased a little DDM on 10/23 and it up 7.87% since then. I wish I could do that every 5 weeks. I am using a 50day moving average as a stoploss for my DDM purchase.
25 Fidelity funds had a distribution this week, including 9 I follow. Again, the list of the latest Fidelity fund distribution was not updated. On Friday the distribution were not even listed on the individual fund information page. I called Fidelity and the representative was extremely helpful and gave me all the total distributions for the funds I needed. He was obviously a customer service representative and provided good service. I missed one fund and called again. This representative told me they were all listed on the web site and I disagreed. He then gave me the one distribution I had missed. I again pointed out that having a fund price without a distribution is incomplete data. He indicated that I had told him that before and the conversation ended quickly. He was obviously a broker and not a customer service representative. In the past I have called and just not entered my userid because then I always get a customer service representative who is interested in helping me rather than a broker who is just trying to get rid of me asap.
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 178.89, a sell price 178.31, a rank of 05, and is a hold. (ETF – CQQQ – stopped out)**
IRA#2
SSemiconductors has a price of 112.28, a sell price 111.83, a rank of of 01, and is a hold. (ETF – PSI – stopped out)**
ChinaRegion has a price of 34.80, a sell price 34.65, a rank of 11, and is a hold. (ETF – CXSE – stopped out)
EmergingMarketsIndex – IC has a price of 11.17, a sell price 10.97, and a rank of 43, and is a hold for now. (ETF – EEMO)
** both STechnology and SSemiconductors had a large distribution and the sell price has been adjusted to reflect that distribution.
As I’ve mention before, I have all fund distributions taken in cash rather than reinvested. My feeling is that when a fund has a distribution, I may or may not still want to invest in that fund at that time.
I purchased CQQQ on 05/01 and stopped out on 11/29 for a return of 39.96%.
I purchased PSI on 10/09 and stopped out on 11/29 for a return of -1.31%.
I purchased CXSE on 10/16 and stopped out on 11/30 for a return of 1.30%.
All three were stopped out based on a 7% stoploss. I have no idea if these ETFs are going up in the future but if they do, I can always buy them again.
I am going evaluate the 50day moving average stoploss and see if that is better than my 7%. Since most web sites will give you the 50day moving average, there is no calculations required.
My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested
The top 20 (out of 100+ I follow) Fidelity funds (percent deviation, rank & weeks on top 20 list, fund symbol, fund price, fund name, and %dev increasing last 2 weeks).
This week:
14.68 01-10 FSELX 112.28 SSemiconductors
13.45 02-03 FSRPX 133.55 SRetailing Yes
12.38 03-01 FSLBX 84.63 SBrokerageandInvestmentManagement Yes
11.15 04-02 FJSCX 19.50 JapanSmallerCompanies Yes
11.11 05-45 FSPTX 178.89 STechnology
10.96 06-01 FIDSX 116.03 SFinancialServices Yes
10.89 07-01 FSVLX 15.92 SConsumerFinance Yes
10.72 08-01 FSRFX 105.39 STransportation Yes
10.66 09-19 FSDAX 167.20 SDefense&Aerospace Yes
10.58 10-04 FLGEX 19.31 LargeCapGrowthEnhancedIndex Yes
10.55 11-30 FHKCX 34.80 ChinaReqion
10.41 12-08 FPBFX 35.98 PacificBasin
10.36 13-01 FSHOX 69.91 SConstructionandHousing Yes
10.35 14-05 FJPNX 15.57 Japan
10.27 15-09 FBSOX 54.92 SITServices
10.18 16-01 FSUIX 13.34 LargeCapGrowthIndex – IC
10.17 17-01 FDLSX 173.94 SLeisure Yes
10.06 18-12 FSCHX 184.23 SChemicals
10.02 19-07 FSCSX 171.03 SSoftware&ITServices
10.02 20-05 FDCPX 97.06 SComputers
Last week corrected
21.16 01-09 FSELX 131.25 SSemiconductors
17.27 02-44 FSPTX 198.17 STechnology Yes
16.51 03-29 FHKCX 36.47 ChinaReqion
14.99 04-04 FDCPX 100.91 SComputers
14.13 05-27 FSEAX 45.37 EmergingAsia
13.00 06-07 FPBFX 36.62 PacificBasin
12.59 07-06 FSCSX 174.11 SSoftware&ITServices
12.36 08-21 FPEMX 11.55 EmergingMarketsIndex – IC
12.28 09-08 FBSOX 55.62 SITServices Yes
12.24 10-04 FEMKX 32.60 EmergingMarkets Yes
12.13 11-06 FOCPX 111.74 OTCPortfolio Yes
11.89 12-05 FTQGX 24.32 FocusedStock Yes
11.88 13-04 FJPNX 15.70 Japan
11.67 14-02 FSRPX 130.52 SRetailing Yes
11.49 15-11 FSCHX 185.63 SChemicals
11.30 16-03 FBGRX 89.84 BlueChipGrowth Yes
10.84 17-31 FDSVX 33.64 Growth Discovery
10.60 18-01 FJSCX 19.29 JapanSmallerCompanies
10.59 19-18 FSDAX 166.16 SDefense&Aerospace
10.28 20-03 FLGEX 19.15 LargeCapGrowthEnhancedIndex
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Oct17 1m+7% 3m+12% 6m+22% 12m27% 24m+39% 36m+34% 60m+102% 120m-21%
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Oct17 1m+3% 3m+5% 6m+8% 12m17% 24m+19% 36m+26% 60m+32% 120m+31%
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Average annual return since 1/82 11%