A good week, almost a buy week. The sum of all the deviations has been 493, 553, and now 540 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 36, 75, and now 43.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 6% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 7% above its 50 day moving average,
IWM (Russell 2000 ETF) is 9% above its 50 day moving average,
All three indicators are above their 200 day moving average.
The sum of the deviations is positive.
Almost a time to buy.
Chuck Jaffee has a show called Money Life – Moneylifeshow.com. On 28 Feb one of the guests was David Brown, Chief Investment Strategist, Sabrient Systems. You can listen to it on the web site under the upcoming & recent guests. Annually they produced a Baker’s Dozens list of stocks but since the demand was so great they started producing a monthly bakers dozens. The list this FEB is ALK, BA, BYD, CF, CNC, CVLT, DK, MLNX, SSNC, SYF, URI, ZAYO, and TRV. Another look at the portfolio, which is offered as a Unit Trust, is https://www.ftportfolios.com/Retail/dp/dpsummary.aspx?fundid=14022. I’ve never invested in their unit trusts but have followed, invested, and had gains in some of their stocks. The Unit Trusts are held for one year and only one time had a loss, one time had a +50% gain, and Mr. Brown said they average +20% per year.
IRA#1
LatinAmerica has a price of 23.93, a sell price 23.88, a rank of 14, and is a hold. (ETF – EWZS, FBZ)
IRA#2
LatinAmerica has a price of 23.93, a sell price 23.88, a rank of 14, and is a hold. (ETF – EWZS, FBZ)
SITServices has a price of 65.60, a sell price 62.32, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 18.73, a sell price 18.72, a rank of 45, and is a hold. (ETF – GDX, GDXJ)
SDefense&Aerospace has a price of 17.28, a sell price 16.42, a rank of 02, and is a hold. (ETF – ITA, XAR)
My investment 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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
12.46 01-08 FBSOX 65.60 SITServices Yes
12.35 02-05 FSDAX 17.28 SDefense&Aerospace
11.28 03-05 FHKCX 34.27 ChinaRegion Yes
9.41 04-08 FCPEX 12.64 SmallCapEnhancedIndex
9.24 05-08 FSSNX 20.36 SmallCapIndex
9.15 06-08 FSVLX 15.88 SConsumerFinance
8.98 07-08 FDSCX 23.42 StockSelectorSmallCap Yes
8.98 08-03 FSDCX 40.43 SCommunicationsEquipment
8.91 09-04 FCYIX 33.91 SIndustrials
8.84 10-02 FSPTX 15.55 STechnology Yes
8.33 11-01 FSCSX 18.82 SSoftware&ITServices Yes
8.23 12-03 FSMEX 53.82 SMedicalTechnologyandDevices
8.00 13-03 FSSMX 35.42 StockSelectorMidCap
7.92 14-21 FLATX 23.93 LatinAmerica
7.71 15-01 FTQGX 23.68 FocusedStock Yes
7.67 16-02 FSELX 25.04 SEnvironment&AlternativeEnergy
7.66 17-03 FDVLX 10.22 Value
7.60 18-08 FSLCX 16.47 SmallCapStock
7.48 19-01 FDSSX 43.87 StockSelectorAllCap Yes
7.46 20-01 FSEAX 41.19 EmergingAsia Yes
Last Week
12.37 01-04 FSDAX 17.17 SDefense&Aerospace Yes
11.64 02-05 FSAGX 19.71 SGold
11.30 03-07 FBSOX 64.50 SITServices Yes
10.59 04-20 FLATX 24.42 LatinAmerica
10.56 05-07 FCPEX 12.71 SmallCapEnhancedIndex Yes
10.54 06-04 FHKCX 33.84 ChinaRegion Yes
9.78 07-07 FSSNX 20.36 SmallCapIndex Yes
9.52 08-02 FSDCX 40.44 SCommunicationsEquipment Yes
9.07 09-07 FRESX 43.87 RealEstateInvestment Yes
8.89 10-07 FDSCX 23.29 StockSelectorSmallCap Yes
8.78 11-07 FSVLX 15.75 SConsumerFinance
8.56 12-07 FSLCX 16.55 SmallCapStock
8.46 13-03 FCYIX 33.61 SIndustrials
8.33 14-02 FSSMX 35.38 StockSelectorMidCap Yes
8.20 15-02 FDVLX 10.23 Value Yes
8.01 16-01 FSPTX 15.36 STechnology Yes
8.00 17-05 FMEIX 14.55 MidCapEnchancedIndex Yes
7.92 18-05 FSRNX 16.31 RealEstateIndex
7.85 19-01 FSELX 24.98 SEnvironment&AlternativeEnergy Yes
7.61 20-02 FSMEX 53.28 SMedicalTechnologyandDevices
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% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
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)
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%