This report is a little late, my website was down and the IT guru just fixed it.
So Fidelity failed to provide distribution data this week AGAIN. I called them again and got the same nonsense. One of these days I may have to ask the SEC if it is legal to provide incomplete, thus incorrect data. I feel it will not impact the numbers much and will have the correct weekly numbers in next week’s report.
A good week, not a buy week. The sum of all the deviations has been 452, 271, and now 381 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 03, 05, and now 06.
So the market it up a little, but not enough to buy
Dan Zanger was on the 03Jul MoneyLife podcast, he is the founder of Chartpattern.com. Zanger feels we are in a bearish market, likes 80% cash and 20% REITs in his portfolio, and the market will take a dive after 30July.
IRA#1
CashReserves
IRA#2
SITServices has a price of 62.56, a sell price 59.43, a rank of 03, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 15.57, a sell price 14.92, a rank of 01, and is a hold. (ETF – XRT, PEZ)
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 – 00% invested
IRA #2 – 40% 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:
12.38 01-34 FSRPX 15.57 SRetailing
10.61 02-24 FSCSX 18.97 SSoftware&ITServices
10.43 03-26 FBSOX 62.56 SITServices
10.20 04-24 FCPGX 28.96 SmallCapGrowth
9.90 05-03 FRXIX 15.91 RealEstateIndex – Inv Yes
9.33 06-13 FBGRX 100.21 BlueChipGrowth
9.17 07-10 FOCPX 12.57 OTCPortfolio
9.08 08-04 FSPHX 253.19 SHealthCare
9.05 09-01 FBIOX 241.69 SBiotechnology
8.89 10-09 FSSPX 22.41 SmallCapIndex – IC
8.59 11-04 FBMPX 78.51 SMultimedia
8.34 12-13 FTQGX 25.73 FocusedStock
8.03 13-07 FNCMX 101.30 NasdaqCompositeIndex
7.81 14-04 FSHCX 95.10 SHealthCareServices
7.65 15-03 FSENX 47.78 SEnergy
7.57 15-05 FSCPX 45.28 SConsumerDiscretionary
7.57 17-01 FCPEX 14.87 SmallCapEnhancedIndex
7.51 18-01 FSMEX 50.84 SMedicalTechnologyandDevices
7.24 19-01 FSEMX 67.41 ExtendedMarketIndex – IC
7.23 20-23 FSPTX 182.51 STechnology
Last Week
11.81 01-33 FSRPX 15.39 SRetailing
8.76 02-25 FBSOX 61.28 SITServices
8.74 03-02 FRXIX 15.66 RealEstateIndex – Inv Yes
8.29 04-02 FSENX 47.87 SEnergy Yes
8.26 05-12 FBGRX 98.74 BlueChipGrowth
8.24 06-23 FSCSX 18.46 SSoftware&ITServices
7.89 07-23 FCPGX 28.20 SmallCapGrowth
7.69 08-09 FOCPX 12.34 OTCPortfolio
7.00 09-04 FSCPX 44.86 SConsumerDiscretionary
6.78 10-03 FBMPX 76.85 SMultimedia
6.71 11-12 FTQGX 25.23 FocusedStock
6.08 12-03 FSPHX 245.05 SHealthCare
6.08 13-08 FSSPX 21.73 SmallCapIndex – IC
5.93 14-06 FNCMX 98.91 NasdaqCompositeIndex
5.86 15-11 FCNTX 132.07 Contrafund
5.75 16-01 FSDCX 37.58 SCommunicationsEquipment
5.51 17-22 FSPTX 178.91 STechnology
5.44 18-05 FDSVX 35.75 Growth Discovery
5.44 19-01 FSUIX 14.29 LargeCapGrowthIndex – Inv
5.32 20-03 FSHCX 92.52 SHealthCareServices
IRA#1 is currently invested in:
100% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(23Apr18)
May18 1m+2% 3m+3% 6m+2% 12m+18% 24m+36% 36m+10% 60m+59% 120m+4%
Apr18 1m+1% 3m-5% 6m-0% 12m+21% 24m+25% 36m+9% 60m+43% 120m+7%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
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)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
May18 1m+1% 3m+1% 6m-1% 12m+4% 24m+23% 36m+11% 60m+23% 120m+37%
Apr18 1m+0% 3m-4% 6m-0% 12m+7% 24m+22% 36m+15% 60m+24% 120m+36%
Average annual return since 1/82 11%