So how is the rest of the world doing – like China.
http://video.vanityfair.com/watch/the-new-establishment-summit-disrupting-the-global-economy
Within the video based on the economic numbers China is publishing, one guest calls China “The People’s Republic of Madoff.”
My S&P500 is in RSP (SPY EW) which has a price of 85.58, 50 day MA of 83.15, a 200 day MA of 80.70, and a 7% stop loss is 80.28. This is not an investment to buy and hold.
IBD TBP’s Market Pulse is “Uptrend under pressure” as of 01Dec. Not a time to invest.
Not a good week in the market. My feeling is the excitement the market felt after the election is succumbing to reality and there is a greater potential for the markets to go down than up. The market is starting the 8th and longest uptrend in history, interest rates are up causing losses for bond buyers, the FED is going to raise interest rates (the last time they did this the market took almost a 20% hit), and just slightly more than half the stocks on the NYSE are above their 50 day moving average. IBD suggests investors “cut losses at 7% or 8%. You don’t want to see a loss grow to the point where you become the accidental long-term investor. Collecting mistakes is not a strategy.”
My current investments:
IRA#1 and IRA#2
SBanking has a price of 30.93, a sell price 29.38, a rank of 01, and is a hold. (ETF – KRE- current stoploss 49.72)
IRA#2
SSemiconductors has a price of 90.50, a sell price 89.62, a rank of 13, and is a hold. ( ETF – SMH – current stoploss 66.69)
SComputers has a price of 76.85, a sell price 73.98, a rank of 34, and is a hold for now. (ETF – SOXX – current stoploss 112.20)
STransportation has a price of 91.60, a sell price 87.02, a rank of 04, and is a hold. (ETF – XTN – current stoploss 50.47)
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My 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:
19.91 01-07 FSRBX 30.93 SBanking
16.61 02-03 FSNGX 29.74 SNaturalGas Yes
14.29 03-01 FSESX 53.38 SEnergyService Yes
14.27 04-05 FSRFX 91.60 STransportation
13.69 05-03 FSENX 47.45 SEnergy Yes
13.42 06-05 FSAIX 73.98 SAirTransportation
13.40 07-04 FSLBX 67.79 SBrokerageandInvestmentManagement
12.17 08-06 FSDAX 137.02 SDefense&Aerospace
11.93 09-04 FIDSX 95.88 SFinancialServices
11.71 10-01 FNARX 31.10 SNaturalResources Yes
10.50 11-04 FCPEX 13.69 SmallCapEnchancedIndex
9.86 12-03 FARNX 12.44 EventDrivenOpportunities
9.73 13-22 FSELX 90.50 SSemiconductors
8.84 14-04 FSPCX 76.36 SInsurance
8.71 15-01 FFGCX 11.39 GlobalCommodity Stock Yes
8.22 16-01 FSCHX 152.79 SChemicals Yes
7.99 17-04 FSVLX 13.08 SConsumerFinance
7.61 18-02 FSCGX 41.57 SIndustrialEquipment
7.57 19-04 FLCSX 28.73 LargeCapStock
7.41 20-0 FLVEX 11.93 LargeCapValueEnchncedIndex
Last week:
20.21 01-06 FSRBX 30.68 SBanking Yes
14.97 02-21 FSELX 95.49 SSemiconductors Yes
14.94 03-04 FSRFX 91.45 STransportation Yes
14.34 04-04 FSAIX 74.05 SAirTransportation Yes
13.77 05-03 FSLBX 67.53 SBrokerageandInvestmentManagement Yes
13.07 06-03 FCPEX 13.93 SmallCapEnchancedIndex Yes
12.82 07-05 FSDAX 136.93 SDefense&Aerospace
12.23 08-03 FIDSX 95.53 SFinancialServices Yes
10.99 09-02 FSNGX 28.06 SNaturalGas Yes
10.82 10-03 FARNX 12.62 EventDrivenOpportunities Yes
10.15 11-03 FSPCX 76.92 SInsurance Yes
9.94 12-03 FSVLX 13.26 SConsumerFinance Yes
9.86 13-03 FSLEX 22.63 SEnvironmental&AltEnergy Yes
9.70 14-05 FDSCX 26.34 StockSelectorSmallCap Yes
9.19 15-19 FSDCX 32.86 SCommunicationsEquipment Yes
9.04 16-02 FSENX 45.18 SEnergy Yes
8.46 17-03 FCPGX 21.02 SmallCapGrowth Yes
8.45 18-03 FLCSX 29.47 LargeCapStock Yes
8.43 19-02 FSEMX 57.44 ExtendedMarketIndex – IC Yes
8.06 20-01 FSCGX 41.58 SIndustrialEquipment
IRA#1 is currently invested in:
100% – SBanking(FSRBX)(21Nov16) from CashReserves(FDRXX)
Oct16 1m-8% 3m-6% 6m-1% 12m+10% 24m+6% 36m+11% 60m44% 120m-1%
Sep16 1m+1% 3m+8% 6m+32% 12m+23% 24m+9% 36m+22% 60m52% 120m+6%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – STransportation(FSRFX)(28Nov16) from CashReserves(FDRXX)
20% – SBanking(FSRBX)(21Nov16) from CashReserves(FDRXX)
20% – CashReserves(FDRXX)(10Nov16) from SEnergyService(FSESX)
20% – SComputers(FDCPX)(03Oct16) from CashReserves(FDRXX)
20% – SSemiconductors(FSELX)(08Aug16) from CashReserves(FDRXX)
Oct16 1m-5% 3m-6% 6m+4% 12m+1% 24m+7% 36m+4% 60m+15% 120m+17%
Sep16 1m+2% 3m+3% 6m+13% 12m+7% 24m+9% 36m+8% 60m+20% 120m+20%
Average annual return since 1/82 11%