A good week, a buy week. The sum of all the deviations has been 400, 481, and now 611 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 50, 56, and now 68.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 3% 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,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
A time to buy – Sum of all deviations is up 2 weeks in a row.
I have had a too busy week.
IRA#1
SSemiconductors has a price of 11.70, a sell price 11.12, a rank of 01, and is a hold. (ETF – XSD, SMH)
IRA#2
SDefense&Aerospace has a price of 18.65 a sell price 17.78, a rank of 28, and is a sell. (ETF – ITA, XAR)
SSemiconductors has a price of 11.70, a sell price 11.12, a rank of 01, and is a hold. (ETF – XSD, SMH)
SConstructionandHousing has a price of 65.48, a sell price 62.21, a rank of 02, and is a hold. (ETF – ITB, PKB)
SWireless has a price of 10.87, a sell price 10.33, a rank of 07, and is a hold. (ETF – IYZ, XTL)
SAutomotive has a price of 36.59, a sell price 34.76, a rank of 04, and is a hold. (ETF – RGI, EXI)
LatinAmerica has a price of 28.78, a sell price TPD, a rank of 03, and is a Buy. (ETF – EWW, GXG)
My investment changes this weekend:
IRA #1 – none
IRA #2 – Selling SFefense&Aerospace and purchasing LatinAmerica
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 100% 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?
17.36 01-20 FSELX 11.70 SSemiconductors YES
12.60 02-30 FSHOX 65.48 SConstructionandHousing NO
12.06 03-07 FLATX 28.78 LatinAmerica YES
11.57 04-03 FSAVX 36.59 SAutomotive YES
11.19 05-09 FDCPX 80.23 SComputers NO
10.86 06-03 FEXPX 20.91 Export&Multinational YES
10.75 07-12 FWRLX 10.87 SWireless NO
10.34 08-37 FSPTX 18.60 STechnology YES
9.19 09-05 FHKCX 36.76 ChinaRegion YES
8.91 10-04 FISVX 20.87 SmallCapValueIndex YES
8.44 11-03 FGRIX 40.27 Growth&Income YES
8.41 12-03 FSRBX 27.52 SBanking YES
8.27 13-22 FSAGX 22.71 SGold NO
8.22 14-01 FPBFX 33.08 PacificBasin YES
8.18 15-01 FLCSX 32.80 LargeCapStock YES
8.03 16-01 FIGFX 15.33 InternationalGrowth YES
7.88 17-02 FPHAX 22.23 SPharmaceuticals YES
7.82 18-01 FDGFX 29.75 DividendGrowth YES
7.81 19-02 FSEAX 45.57 EmergingAsia YES
7.56 12-08 FRESX 47.30 RealEstateInvestment NO
Last Week
15.51 01-19 FSELX 11.41 SSemiconductors NO
12.31 02-29 FSHOX 64.88 SConstructionandHousing NO
10.53 03-02 FSAVX 36.03 SAutomotive YES
9.99 04-06 FLATX 28.07 LatinAmerica YES
9.64 05-11 FWRLX 10.70 SWireless NO
8.74 06-22 FSAGX 22.71 SGold NO
8.67 07-03 FEXPX 20.38 Export&Multinational YES
8.44 08-36 FSPTX 18.18 STechnology NO
7.80 09-07 FRESX 47.22 RealEstateInvestment NO
7.80 10-03 FISVX 20.56 SmallCapValueIndex YES
7.66 11-02 FSRBX 27.21 SBanking YES
7.36 12-08 FDCPX 77.01 SComputers NO
7.27 13-04 FHKCX 35.94 ChinaRegion NO
7.15 14-06 FSRNX 17.57 RealEstateIndex NO
7.03 15-11 FIUIX 28.96 Telecom&Utilities NO
6.93 16-11 FSUTX 96.33 SUtilities NO
6.92 17-02 FGRIX 39.53 Growth&Income YES
6.14 18-02 FIDSX 10.64 SFinancialServices YES
5.95 19-01 FSEAX 44.60 EmergingAsia YES
5.94 20-01 FPHAX 21.74 SPharmaceuticals YES
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – SSemiconductors(16Sep19) from SGold(FSAGX)(17Jun19))
Sep19 1m-2 3m+1% 6m+1% 12m-8% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – LatinAmerica(FLATX)(04Nov19) from SDefense&Aerospace(FSDAX)(25Feb19)
20% – SAutomotive(FSAVX)(28Oct19) from Cash(16Sep19)
20% – SWireless(FWRLX)(21Oct19) from Cash(26Aug19)
20% – SConstructionandHousing(FSHOX)(16Sep19) from Cash(26Aug19)
20% – SSemiconductors(09Sep19) from Cash(19Aug19)
Sep19 1m-11% 3m+1% 6m+0% 12m-14% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%