A good week, a buy week. The sum of all the deviations has been 125, 156, and now 288 – up 2 weeks in a row
The number of funds I rate as a buy over the last 3 weeks has been 94, 53, and now 54.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 4% above its 50 day moving average,
IWM (Russell 2000 ETF) is 4% above its 50 day moving average.
However, it should be pointed out that while all the indexes are above their short term 50 day moving average, they are still all below their 200 day long term moving average.
The sum of the deviations is positive.
Time to buy.
I think it is interesting to look at the Pacer Trendpilot ETFs which invest in indexes or T-bills based on the ETF index price vs 200 day moving average. All 4 ETFs are invested in T-bills.
This week’s report is short because I’ve been working too much. Will try to do better next week.
IRA#1
LatinAmerica has a price of 25.14, a sell price 23.88, a rank of 01, and is a hold. (ETF – EWZS, FBZ)
IRA#2
LatinAmerica has a price of 25.14, a sell price 23.88, a rank of 01, and is a hold. (ETF – EWZS, FBZ)
SITServices has a price of 61.05, a sell price 58.00, a rank of 05, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 19.13, a sell price TBD, a rank of 02, and is a buy. (ETF – GDX, GDXJ)
My investment changes this weekend.
IRA #1 – none
IRA #2 – 20% invested in SGold
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 60% 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).
15.95 01-17 FLATX 25.14 LatinAmerica Yes
9.97 02-02 FSAGX 19.13 SGold Yes
7.17 03-04 FRESX 42.50 RealEstateInvestment Yes
7.14 04-04 FHKCX 32.38 ChinaReqion Yes
7.09 05-04 FBSOX 61.05 SITServices Yes
6.12 06-02 FSRNX 15.84 RealEstateIndex Yes
5.96 07-04 FSVLX 15.15 SConsumerFinance Yes
5.88 08-11 FEMEX 9.57 EmergingEuropeMiddleEastAfrica(EMEA) Yes
5.68 09-01 FSDAX 15.87 SDefense&Aerospace Yes
5.52 10-01 FBMPX 74.19 SCommunicationServices
5.51 11-03 FSLCX 15.90 SmallCapStock Yes
4.98 12-02 FSPHX 24.26 SHealthCare Yes
4.98 13-04 FDSCX 22.19 StockSelectorSmallCap Yes
4.97 14-02 FMEIX 13.99 MidCapEnchancedIndex Yes
4.88 15-04 FSSNX 19.21 SmallCapIndex
4.87 16-01 FDVLX 9.81 Value
4.85 17-04 FCPEX 11.90 SmallCapEnhancedIndex Yes
4.69 18-03 FDSSX 42.13 StockSelectorAllCap
4.65 19-01 FSLSX 34.05 ValueStrategies Yes
4.53 20-02 FSEAX 39.57 EmergingAsia Yes
Last Week
13.21 01-16 FLATX 24.34 LatinAmerica Yes
6.07 02-03 FBSOX 60.24 SITServices Yes
5.98 03-03 FHKCX 31.91 ChinaReqion Yes
5.1 04-10 FEMEX 9.47 EmergingEuropeMiddleEastAfrica(EMEA) Yes
5.03 05-03 FSVLX 14.97 SConsumerFinance Yes
4.54 06-03 FRESX 41.3 RealEstateInvestment Yes
4.42 07-01 FSAGX 18.07 SGold
3.89 08-02 FSLCX 15.61 SmallCapStock Yes
3.78 09-03 FSSNX 18.96 SmallCapIndex
3.72 10-02 FIDSX 9.41 SFinancialServices Yes
3.7 11-03 FCPEX 11.74 SmallCapEnhancedIndex Yes
3.66 12-01 FSPHX 23.89 SHealthCare
3.65 13-04 FSRPX 14.69 SRetailing
3.58 14-01 FSRNX 15.41 RealEstateIndex Yes
3.55 15-03 FDSCX 21.83 StockSelectorSmallCap Yes
3.44 16-01 FMEIX 13.75 MidCapEnchancedIndex Yes
3.43 17-01 FSEAX 39.06 EmergingAsia Yes
3.41 18-05 FAMRX 17.88 Asset Manager 85% Yes
3.36 19-02 FDSSX 41.49 StockSelectorAllCap
3.25 20-03 FSCPX 42.95 SConsumerDiscretionary
IRA#1 is currently invested in:
100% – LatinAmerica(FLATX)(22Jan19) from Cash(17Dec18)
Nov18 1m+2% 3m-5% 6m-3% 12m-2% 24m+24% 36m+42% 60m+35% 120m+3%
Oct18 1m-8% 3m-1% 6m-3% 12m-3% 24m+23% 36m+35% 60m+36% 120m+2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
20% – LatinAmerica(FLATX)(22Jan19) from Cash(17Dec18)
20% – Cash(17Dec18) from SHealthCareServices(FSHCX)(12Nov18)
20% – Cash(29Oct18) from STransportation(FSRFX)(24Sep18)
Nov18 1m+1% 3m-7% 6m-4% 12m-5% 24m+10% 36m+10% 60m+16% 120m+33%
Oct18 1m-9% 3m-5% 6m-4% 12m-4% 24m+12% 36m+14% 60m+16% 120m+32%
Average annual return since 1/82 10%