The market continues up. John Pugliano produces a Wealthsteading podcast and lately produced a YouTube video on How to chart a Simple Moving Average with Yahoo Finance. He gets a little to deep for me, but a 50, 200, and maybe a 100 moving average are worth watching. https://www.youtube.com/watch?v=tgWctQ8jfKU Yahoo has some problems with charting total return – it does it wrong. If a fund produces a dividend of 10%, Yahoo will show a price decline of 10% – correct if you just chart the price, but since you now own 10% more shares, the dividend adjusted price should be plotted. Yahoo finance response is also slow. I switched to Google Finance, but their reported prices are a day or more behind on some ETF prices.
“The DecisionPoint Report” from Stockcharts.com: (https://stockcharts.com/webinars/archives/)
On Friday, 17Feb, the short term outlook is bearish, intermediate term outlook is bullish, long term outlook bullish.
On Wednesday, 22Feb, the short term outlook is neutral, intermediate term outlook is bullish, long term outlook bullish.
On Friday, 03Mar, the short term outlook is neutral, intermediate term outlook is neutral to bullish, long term outlook bullish
My S&P500 is in RSP (SPY EW) which has a price of 91.66, 50 day MA of 88.98, a 200 day MA of 84.12, and a 7% stop loss is 85.81. This is not an investment to buy and hold.
IBD TBP’s Market Pulse is “Confirmed Uptrend” as of 08Dec. Time to invest. I am fully invested so will buy nothing, but will switch an investment when one I own crosses a sell price.
My current investments:
IRA#1 and IRA#2
SBanking has a price of 34.10, a sell price 32.40, a rank of 02, and is a hold. (ETF – KRE- current stoploss 55.20)
IRA#2
SSemiconductors has a price of 102.20, a sell price 97.09, a rank of 06, and is a hold. ( ETF – SMH – current stoploss 71.43)
STransportation has a price of 93.66, a sell price 89.59, a rank of 17, and is a hold. (ETF – XTN – current stoploss 52.76)
SBiotechnology has a price of 207.99, a sell price 197.59, a rank of 01, and is a hold. (ETF – XBI – current stoploss 66.47)
SComputers has a price of 83.72, a sell price 79.53, a rank of of 03, and is a Hold (ETF – PSI- current stoploss 37.56)
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 – 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).
This week:
21.58 01-10 FBIOX 207.99 SBiotechnology
17.02 02-20 FSRBX 34.10 SBanking
14.13 03-07 FDCPX 83.72 SComputers
13.46 04-17 FSHCX 90.80 SHealthCareServices Yes
13.38 05-07 FSCHX 164.44 SChemicals
13.06 06-35 FSELX 102.20 SSemiconductors
12.71 07-17 FIDSX 104.37 SFinancialServices
12.04 08-06 FSPTX 148.09 STechnology
12.00 09-17 FSLBX 72.01 SBrokerageandInvestmentManagement
11.77 10-17 FARNX 13.87 EventDrivenOpportunities
11.01 11-03 FSDAX 138.53 SDefense&Aerospace
10.80 12-04 FOCPX 93.10 OTCPortfolio
10.03 13-02 FBCVX 18.65 BlueChipValue
9.96 14-02 FWRLX 9.21 SWireless Yes
9.92 15-03 FNCMX 77.15 NasdaqCompositeIndex
9.88 16-01 FSPCX 81.32 SInsurance Yes
9.77 17-18 FSRFX 93.66 STransportation
9.71 18-04 FSLEX 24.07 SEnvironmental&AltEnergy
9.70 19-05 FSVLX 14.03 SConsumerFinance
9.64 20-01 FLCSX 31.15 LargeCapStock
Last week:
16.52 01-19 FSRBX 33.65 SBanking
16.21 02-09 FBIOX 196.54 SBiotechnology
14.16 03-06 FDCPX 83.12 SComputers Yes
13.56 04-06 FSCHX 163.54 SChemicals Yes
13.48 05-34 FSELX 101.87 SSemiconductors
13.11 06-16 FARNX 13.95 EventDrivenOpportunities
12.69 07-16 FSHCX 89.55 SHealthCareServices Yes
12.39 08-05 FSPTX 147.61 STechnology
12.34 09-16 FSLBX 71.77 SBrokerageandInvestmentManagement
12.29 10-16 FIDSX 103.28 SFinancialServices
10.88 11-03 FOCPX 92.64 OTCPortfolio
10.71 12-04 FSAGX 22.22 SGold
10.64 13-02 FSDAX 137.26 SDefense&Aerospace
10.34 14-04 FSVLX 14.04 SConsumerFinance
9.98 15-02 FNCMX 76.79 NasdaqCompositeIndex
9.91 16-03 FSLEX 23.99 SEnvironmental&AltEnergy
9.67 17-01 FSCSX 142.11 SSoftware&ITServices
9.6 18-01 FBCVX 18.48 BlueChipValue
9.58 19-01 FWRLX 9.13 SWireless Yes
9.57 20-17 FSRFX 93.01 STransportation
IRA#1 is currently invested in:
100% – SBanking(FSRBX)(21Nov16) from CashReserves(FDRXX)
Jan17 1m+1% 3m+8% 6m+1% 12m+32% 24m+2% 36m+14% 60m+56% 120m-7%
Dec16 1m+6% 3m-1% 6m+7% 12m+24% 24m+14% 36m+14% 60m+65% 120m-6%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SComputers(FDCPX)(13Feb17) from SNaturalGas(FSNGX)
20% – SBiotechnology(FBIOX)(16Jan17) from SComputers(FDCPX)
20% – STransportation(FSRFX)(28Nov16) from CashReserves(FDRXX)
20% – SBanking(FSRBX)(21Nov16) from CashReserves(FDRXX)
20% – SSemiconductors(FSELX)(08Aug16) from CashReserves(FDRXX)
Jan17 1m+1% 3m+6% 6m+0% 12m16% 24m+10% 36m+12% 60m+17% 120m+20%
Dec16 1m+2% 3m-0% 6m+3% 12m+9% 24m+8% 36m+7% 60m+21% 120m+18%
Average annual return since 1/82 11%