A good week, a buy week. The sum of all the deviations has been 418, 520, and now 696 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 13, 11, and now 80.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 6% above its 50 day moving average,
IWM (Russell 2000 ETF) is 3% above its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
Time to buy.
It was a good week, time to buy.
Wealthtrack with Consuelo Mack on the latest shows indicate the different views of the market future. On March 29, Treasury Bond Maven Robert Kessler Warns of Recession Ahead & Where to Take Shelter. On March 22, Prescient Economist & Fed Expert Paul McCulley on No Recession Ahead and Fed’s Tightening Done.
IRA#1
ChinaRegion has a price of 36.32, a sell price TBD, a rank of 01, and is a buy. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 68.56, a sell price 65.13, a rank of 02, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 19.12, a sell price 18.72, a rank of 62, and is a hold for now. (ETF – GDX, GDXJ)
SDefense&Aerospace has a price of 16.89, a sell price 16.42, a rank of 32, and is a hold this week. (ETF – ITA, XAR)
ChinaRegion has a price of 36.32, a sell price TBD, a rank of 01, and is a buy. (ETF – CNXT, ASHS)
My investment changes this weekend.
IRA #1 – Buy ChinaRegion
IRA #2 – Buy ChinaRegion
My mutual fund 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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
14.59 01-10 FHKCX 36.32 ChinaRegion Yes
13.79 02-13 FBSOX 68.56 SITServices Yes
12.69 03-07 FSPTX 16.54 STechnology Yes
12.46 04-01 FSELX 10.21 SSemiconductors
11.90 05-06 FSEAX 43.92 EmergingAsia Yes
11.06 06-05 FOCPX 12.01 OTCPortfolio Yes
10.50 07-08 FSDCX 41.85 SCommunicationsEquipment Yes
9.95 08-06 FSCSX 19.53 SSoftware&ITServices Yes
9.67 09-04 FTQGX 24.59 FocusedStock Yes
9.66 10-05 FBMPX 79.63 SCommunicationServices
9.60 11-02 FSVLX 16.26 SConsumerFinance Yes
9.40 12-03 FSPGX 15.43 LargeCapGrowthIndex Yes
9.30 13-05 FRESX 45.01 RealEstateInvestment
9.27 14-02 FCYIX 34.61 SIndustrials Yes
9.24 15-01 FSAIX 76.64 SAirTransportation Yes
9.19 16-04 FDSVX 36.85 Growth Discovery Yes
8.88 17-01 FNCMX 103.22 NasdaqCompositeIndex Yes
8.87 18-01 FBGRX 100.28 BlueChipGrowth Yes
8.83 19-02 FSLSX 36.55 ValueStrategies Yes
8.83 20-03 FTRNX 101.90 Trend Yes
Last Week
13.58 01-12 FBSOX 67.94 SITServices
11.44 02-09 FHKCX 35.05 ChinaRegion
11.04 03-06 FSPTX 16.19 STechnology Yes
10.07 04-05 FSEAX 42.93 EmergingAsia
9.17 05-05 FSCSX 19.29 SSoftware&ITServices
8.55 06-04 FOCPX 11.67 OTCPortfolio
8.17 07-03 FTQGX 24.13 FocusedStock
7.86 08-02 FSRPX 15.65 SRetailing Yes
7.77 09-07 FSDCX 40.59 SCommunicationsEquipment
7.66 10-02 FSRNX 16.55 RealEstateIndex Yes
7.61 11-03 FDSVX 36.14 Growth Discovery
7.56 12-01 FSVLX 15.89 SConsumerFinance
7.48 13-01 FSCPX 45.80 SConsumerDiscretionary Yes
7.45 14-01 FSLSX 35.92 ValueStrategies
7.42 15-02 FTRNX 100.12 Trend
7.38 16-02 FSPGX 15.07 LargeCapGrowthIndex Yes
7.24 17-01 FCYIX 33.80 SIndustrials
7.13 18-04 FRESX 43.90 RealEstateInvestment
6.85 19-04 FBMPX 77.19 SCommunicationServices
6.84 20-01 FDSSX 44.18 StockSelectorAllCap
IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
Feb19 1m-4% 3m-8% 6m-13% 12m-8% 24m+3% 36m+41% 60m+19% 120m+8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
20% – Cash(11Mar19) from LatinAmerica(FLATX)(22Jan19)
Feb19 1m+1% 3m+0% 6m-7% 12m-4% 24m+2% 36m+24% 60m+12% 120m+37%
Average annual return since 1/82 10%
ETFs
PTNQ Feb19 1m+0% 3m+1% 6m-9% 12m+2%
QQQ Feb19 1m+3% 3m+3% 6m-7% 12m+4%