An ok week, not a buy week. The sum of all the deviations has been 454, 439, and now 441 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 20, 19, and now 23.
In order to limit the number of funds I watch to 100, each week I add a fund from last month’s best performing and delete the worst performing.
This week I added LatinAmerica(FLATX) and deleted EmergingAsia(FSEAX). If every fund goes up by an average of 0.06% the sum some of the deviations will be up. Adding LatinAmreica increased the sum of all the deviations by 4% and removing EmergingAsia (its deviation was negative) increased the sun of all deviations by 2%.
Last year I reported on a Zacks Market Edge Podcast with Tracey Ryniec where she provided the names of 5 value stocks which were acting like growth stocks. That list was great. On Wednesday (01Aug) she provided a list of 5 Value Stocks Hotter than Apple in 2018. Using the Zacks screening tools she describes in her podcast she found 22 candidates and suggested investors look at HCA, M, PCMI, EVTC, OFG, and FBC. She added a sixth at the end of the podcast. They are worth a review by an interested investor.
The Wishing Wealth Blog which sends me an email daily has its two general market indices at 5 out of 6 and 7 out of 8. A bullish reading.
IRA#1
SRetailing has a price of 15.72, a sell price 15.07, a rank of 01, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 63.36 a sell price 61.24, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 15.72, a sell price 15.07, a rank of 01, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.31, a sell price 18.64, a rank of 03, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
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 – 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).
This week:
10.59 01-38 FSRPX 15.72 SRetailing
10.45 02-08 FSHCX 99.32 SHealthCareServices Yes
9.84 03-28 FSCSX 19.31 SSoftware&ITServices
9.23 04-30 FBSOX 63.36 SITServices
8.83 05-17 FOCPX 12.79 OTCPortfolio
8.77 06-08 FSPHX 257.28 SHealthCare
8.63 07-17 FBGRX 101.59 BlueChipGrowth
8.45 08-01 FRXIX 15.94 RealEstateIndex – Inv
8.33 09-28 FCPGX 29.02 SmallCapGrowth
8.23 10-02 FSMEX 51.98 SMedicalTechnologyandDevices Yes
8.00 11-04 FSUIX 14.95 LargeCapGrowthIndex – Inv
7.86 12-08 FNCMX 102.93 NasdaqCompositeIndex
7.83 13-17 FTQGX 26.12 FocusedStock
7.47 14-04 FDSVX 37.21 Growth Discovery
7.25 15-01 FSRFX 103.23 STransportation Yes
7.23 16-08 FBMPX 78.88 SMultimedia
7.18 17-01 FLGEX 20.83 LargeCapGrowthEnhancedIndex
7.16 18-09 FSCPX 45.89 SConsumerDiscretionary
7.06 19-01 FDCPX 98.28 SComputers
7.04 20-04 FCNTX 136.37 Contrafund
Last Week
11.50 01-37 FSRPX 15.76 SRetailing
10.92 02-27 FSCSX 19.40 SSoftware&ITServices
10.41 03-29 FBSOX 63.73 SITServices
9.03 04-16 FTQGX 26.30 FocusedStock
8.57 05-16 FOCPX 12.70 OTCPortfolio
8.54 06-16 FBGRX 101.04 BlueChipGrowth
8.52 07-07 FSHCX 97.05 SHealthCareServices
7.95 08-03 FDSVX 37.23 Growth Discovery
7.94 09-27 FCPGX 28.79 SmallCapGrowth
7.77 10-07 FSPHX 253.74 SHealthCare
7.55 11-01 FSENX 48.25 SEnergy
7.51 12-03 FSUIX 14.82 LargeCapGrowthIndex – Inv
7.51 13-26 FSPTX 185.48 STechnology
7.51 14-03 FCNTX 136.46 Contrafund
7.33 15-08 FSCPX 45.79 SConsumerDiscretionary
7.25 16-07 FNCMX 101.93 NasdaqCompositeIndex
7.14 17-01 FSMEX 51.23 SMedicalTechnologyandDevices
7.07 18-07 FBMPX 78.46 SMultimedia
6.92 19-03 FTRNX 108.98 Trend
6.87 20-01 FMAGX 109.59 Magellan
IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
May18 1m+2% 3m+3% 6m+2% 12m+18% 24m+36% 36m+10% 60m+59% 120m+4%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(13Apr18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+25%
May18 1m+1% 3m+1% 6m-1% 12m+4% 24m+23% 36m+11% 60m+23% 120m+40%
Average annual return since 1/82 11%