This was a rather good week. On the latest Investor’s Edge radio show with Gary Kaltbaum he suggested that about 40% of all stocks were headed down but listed several stocks everyone should put on their watch list. You can listen to the show every evening at 6PM on biztalkradio.com, the biztalkradio app, and on radio 1010AM Tampa (and other places). Later you can hear the archives at garyk.com, the biztalkradio.com, the biztalkradio app, or on twitter (search for spoolander). Take notes on stocks to watch and sectors to avoid.
My S&P500 is in RSP (SPY EW) which has a price of 91.85, 50 day MA of 90.74, a 200 day MA of 86.31 and a 7% stop loss is 85.81. This is not an investment to buy and hold but then there are no investments to buy and hold. The general rule of thumb is consider selling when an investment falls below its 50 week average and make sure you own nothing selling below both its 50 and 200 day moving average. When it fell below it’s 50 average twice within the last 30 days, I considered selling, but it had not fallen below the 7% stop loss.
IestorsBusincssDaily TheBigPicture’s Market Pulse is “Uptrend Resumed” as of 24Apr. Time to invest so I am investing (and updating my sell prices).
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 155.65, a sell price 147.87, a rank of 01, and is a bold. ( ETF – CQQQ – current stoploss 41.39 )
00% Cash
IRA#2
SSemiconductors has a price of 100.52, a sell price 95.96, a rank of 15, and is a hold. ( ETF – SMH – current stoploss 75.34)
SComputers has a price of 86.40, a sell price 82.08, a rank of of 02, and is a hold (ETF – PSI- current stoploss 40.31)
SLeasure has a price of 155.01, a sell price TBD, a rank of 03, and is a BUY. (ETF – IBUY – current stoploss TBD)
20% Cash
Only 19 out of the 106 funds I follow are not rated buy based on two week improving deviation. Thus most funds are a buy.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Invest 20% is SLeasure
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:
14.69 01-15 FSPTX 155.65 STechnology Yes
13.21 02-16 FDCPX 86.40 SComputers
12.27 03-06 FDLSX 155.01 SLeisure Yes
12.01 04-02 FNORX 50.37 Nordic Yes
11.61 05-03 FSCSX 147.47 SSoftware&ITServices Yes
11.13 06-19 FBIOX 202.32 SBiotechnology
11.03 07-02 FIEUX 38.67 Europe Yes
10.98 08-13 FOCPX 97.58 OTCPortfolio Yes
10.90 09-02 FOSFX 45.90 Overseas Yes
10.73 10-08 FSEAX 36.94 EmergingAsia
10.24 11-06 FBGRX 78.31 BlueChipGrowth Yes
10.21 12-02 FDSVX 29.69 Growth Discovery Yes
10.06 13-01 FIGFX 12.36 InternationalGrowth Yes
10.00 14-05 FEMKX 26.54 EmergingMarkets Yes
9.94 15-01 FSELX 100.52 SSemiconductors Yes
9.70 16-01 FSLEX 24.11 SEnvironmental&AltEnergy Yes
9.68 17-01 FCNTX 111.61 Contrafund Yes
9.67 18-07 FHKCX 28.27 ChinaReqion Yes
9.60 19-02 FSCOX 16.74 InternationalSmallCapOpportunities Yes
9.48 20-03 FNCMX 79.94 NasdaqCompositeIndex Yes
Last week:
13.21 02-16 FDCPX 86.40 SComputers
12.27 03-06 FDLSX 155.01 SLeisure Yes
12.01 04-02 FNORX 50.37 Nordic Yes
11.61 05-03 FSCSX 147.47 SSoftware&ITServices Yes
11.13 06-19 FBIOX 202.32 SBiotechnology
11.03 07-02 FIEUX 38.67 Europe Yes
10.98 08-13 FOCPX 97.58 OTCPortfolio Yes
10.90 09-02 FOSFX 45.90 Overseas Yes
10.73 10-08 FSEAX 36.94 EmergingAsia
10.24 11-06 FBGRX 78.31 BlueChipGrowth Yes
10.21 12-02 FDSVX 29.69 Growth Discovery Yes
10.06 13-01 FIGFX 12.36 InternationalGrowth Yes
10.00 14-05 FEMKX 26.54 EmergingMarkets Yes
9.94 15-01 FSELX 100.52 SSemiconductors Yes
9.70 16-01 FSLEX 24.11 SEnvironmental&AltEnergy Yes
9.68 17-01 FCNTX 111.61 Contrafund Yes
9.67 18-07 FHKCX 28.27 ChinaReqion Yes
9.60 19-02 FSCOX 16.74 InternationalSmallCapOpportunities Yes
9.48 20-03 FNCMX 79.94 NasdaqCompositeIndex Yes
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Feb17 1m+3% 3m10% 6m+3% 12m+36% 24m+0% 36m+15% 60m+59% 120m-4%
Mar17 1m-4% 3m-3% 6m-4% 12m+27% 24m-11% 36m+13% 60m+41% 120m+3%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SLeasure(FDLSX)(08May17) from CashReserves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
20% – CashReserves(FDRXX)(10Apr17) from SBiotechnology(FBIOX)
20% – SComputers(FDCPX)(13Feb17) from SNaturalGas(FSNGX)
20% – SSemiconductors(FSELX)(08Aug16) from CashReserves(FDRXX)
Feb17 1m+4% 3m+8% 6m+7% 12m21% 24m+10% 36m+10% 60m+18% 120m+31%
Mar17 1m-1% 3m+4% 6m+4% 12m+18% 24m+7% 36m+13% 60m+12% 120m+29%
Average annual return since 1/82 11%