Not a good week, a do nothing week. The sum of all the deviations has been 367, 314, and now 306 – not up two weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 67, 13, and now 6.
Another not exciting week and not a buy week so I am buying nothing, selling nothing.
Last weekend I called Fidelity because the distributions were not reported and I had to check the individual fund – FDYSX – to learn the distribution. I called again on Monday – no change. Well it turns out the FDYSX – Fidelity Global Strategies Fund – which existed last Friday and had a distribution no longer exists. First the rep said it was closed to new investors. I suggested that there are dozens of other funds which are closes which are listed. Then he gave me the latest quote. I pointed out that was last Friday’s quote. He tried another suggestion or two but finally admitted it no longer existed and he did not know why. I have seen this with other Fidelity funds before. It would be nice if the Fidelity reps knew something about their own funds.
IRA#1
SEnergy has a price of 47.36, a sell price 44.99, a rank of 01, and is a hold. (ETF – IEO, PXI)
IRA#2
SEnergy has a price of 47.36, a sell price 44.99, a rank of 01, and is a hold. (ETF – IEO, PXI)
My mutual fund portfolio changes this weekend:
IRA #1 – Invest 100% in FSENX – SEnergy
IRA #2 – Invest 20% in FSENX – SEnergy
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 20% 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:
11.95 01-04 FSENX 47.36 SEnergy
10.49 02-25 FSRPX 144.20 SRetailing
9.35 03-16 FBSOX 58.95 SITServices
8.05 04-15 FSCSX 176.18 SSoftware&ITServices
7.92 05-13 FSDCX 37.11 SCommunicationsEquipment
7.09 06-14 FSPTX 174.49 STechnology
6.98 07-05 FFGCX 13.54 GlobalCommodityStock
6.90 08-12 FCPGX 26.72 SmallCapGrowth
6.53 09-01 FOCPX 117.05 OTCPortfolio
6.45 10-04 FBGRX 93.19 BlueChipGrowth
6.10 11-03 FSCPX 43.00 SConsumerDiscretionary
6.02 12-04 FTQGX 24.12 FocusedStock
5.58 13-01 FSELX 109.58 SSemiconductors
5.46 14-03 FCNTX 127.29 Contrafund
5.35 15-02 FDCAX 36.86 CapitalAppreciation
5.31 16-01 FDCPX 92.47 SComputers
5.29 17-07 FSCOX 20.05 InternationalSmallCapOpportunities
5.19 18-01 FDSVX 34.54 Growth Discovery
5.09 19-07 FCONX 10.04 ConservativeIncomeBond
4.99 20-01 FNCMX 94.80 NasdaqCompositeIndex
last week:
10.66 01-02 FSENX 46.52 SEnergy Yes
10.47 02-13 FSDAX 179.07 SDefense&Aerospace Yes
9.13 03-11 FSDCX 37.37 SCommunicationsEquipment Yes
8.69 04-23 FSRPX 141.07 SRetailing Yes
8.40 05-03 FFGCX 13.67 GlobalCommodityStock Yes
8.07 06-15 FBSOX 57.97 SITServices Yes
7.89 07-10 FCPGX 26.87 SmallCapGrowth Yes
7.46 08-13 FSCSX 174.47 SSoftware&ITServices Yes
7.27 09-05 FSCOX 20.37 InternationalSmallCapOpportunities
7.06 10-02 FTQGX 24.28 FocusedStock Yes
6.51 11-12 FSPTX 172.89 STechnology
5.84 12-01 FSCPX 42.76 SConsumerDiscretionary Yes
5.82 13-01 FDCAX 36.92 CapitalAppreciation Yes
5.80 14-01 FCNTX 127.34 Contrafund Yes
5.55 15-01 FSLBX 79.78 SBrokerageandInvestmentManagement Yes
5.51 16-02 FOCPX 115.53 OTCPortfolio Yes
5.50 17-02 FBGRX 92.04 BlueChipGrowth Yes
5.43 18-01 FTRNX 102.29 Trend Yes
5.27 19-05 FCONX 10.03 ConservativeIncomeBond
5.25 20-03 FISMX 30.53 InternationalSmallCap Yes
IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Jan18 1m+6% 3m+5% 6m+18% 12m+24% 24m+63% 36m+27% 60m+89% 120m+18%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
20% – CashReserves(FDRXX)(12Feb18) from EmergingMarketsIndex – InvC(FPEMX)(24Jul17)
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Jan18 1m+3% 3m+4% 6m+9% 12m+15% 24m+33% 36m+26% 60m+36% 120m+44%
Average annual return since 1/82 11%