It was a good week, time to buy something. The sum of all the deviations has been 725, 726, and now 799.
The twice a week report I am getting from James Rohrbach, Investment-Models.com, still says buy NYSE and buy Nasdaq. This is the same as last week. I signed up for his free two month report.
The number of funds I rate as buy over the last 3 weeks has been 41, 27, and now 49.
On the 21 September podcast from Adventures in Finance, Jim Rogers talks about his trips around the world and the way he invests. He thinks China has the best markets in the future, he hopes he can sell out if a bubble bursts, and then buy back in near the bottom. It is interesting that during the market crash on 19 October 1987, he was short and thus made money when the market fell by 22% in one day. Investopedia.com claims “The cause of the stock market crash of 1987 was primarily program trading, used by institutions to protect themselves from significant market weakness. Some secondary factors included excessive valuations, illiquid markets and market psychology.” Sounds sort of like the market today.
My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 96.49, 50 day MA of 93.58, a 200 day MA of 90.98, and a 7% stop loss is 89.92.
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 181.80, a sell price 172.71, a rank of 05, and is a hold. (ETF – CQQQ – current stoploss 54.76)
IRA#2
SComputers has a price of 90.04, a sell price 85.54, a rank of of 57, and is a sell for a better fund. (ETF – PSI – stopped out 6/12 11% gain)
OTCPortfolio has a price of 105.84, a sell price 100.55, a rank of 17, and is a hold. (ETF – MTUM – stoploss 90.29)
EmergingMarketsIndex – IC has a price of 11.05, a sell price 10.50, and a rank of 07. (ETF – EEMO – stoploss 19.24)
SBiotechnology – has a price of 235.42, a sell price 223.65, a rank of 04, and is a hold. (ETF – SBIO – stoploss 29.69)
Since it is a buy week, and SComputers is not one of my top 20 funds so I am selling it and investing in SSemiconductors. SSemiconductors is only the #8 best fund, but it is the second highest ranking “buy” fund in my top 20. The highest ranking “buy” fund is SBiotechnology which I own. The other 6 funds ranking higher than SSemiconductors do not have a 2 week improved deviation – an indication their price increase may be slowing.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Purchase SSemiconductors from SComputers
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:
14.78 01-11 FSDAX 164.94 SDefense&Aerospace
14.41 02-22 FHKCX 33.81 ChinaReqion
14.06 03-09 FLATX 26.48 LatinAmerica
13.99 04-07 FBIOX 235.42 SBiotechnology Yes
13.84 05-37 FSPTX 181.80 STechnology
13.63 06-04 FSCHX 180.94 SChemicals
12.37 07-14 FPEMX 11.05 EmergingMarketsIndex – IC
12.19 08-02 FSELX 114.25 SSemiconductors Yes
11.70 09-07 FFGCX 12.53 GlobalCommodityStock
11.69 10-02 FCPGX 24.44 SmallCapGrowth Yes
11.51 11-03 FSAIX 86.60 SAirTransportation Yes
11.11 12-20 FSEAX 41.99 EmergingAsia
10.98 13-02 FSLBX 80.36 SBrokerageandInvestmentManagement Yes
10.94 14-03 FSVLX 15.25 SConsumerFinance
10.75 15-27 FEMKX 30.88 EmergingMarkets
10.70 16-24 FDSVX 32.32 Growth Discovery
10.51 17-02 FOCPX 105.84 OTCPortfolio Yes
10.40 18-01 FSDPX 91.00 SMaterials
10.02 19-01 FBSOX 52.21 SITServices
9.84 20-02 FSSPX 20.41 SmallCapIndex – IC Yes
Last week
13.54 01-06 FBIOX 232.77 SBiotechnology
13.35 02-10 FSDAX 161.61 SDefense&Aerospace
12.91 03-08 FLATX 26.02 LatinAmerica
12.01 04-21 FHKCX 32.85 ChinaReqion
11.98 05-36 FSPTX 177.53 STechnology
11.37 06-03 FSCHX 176.07 SChemicals
11.32 07-06 FFGCX 12.41 GlobalCommodityStock
11.00 08-02 FSVLX 15.17 SConsumerFinance Yes
10.85 09-13 FPEMX 10.83 EmergingMarketsIndex – IC
10.45 10-01 FSELX 111.76 SSemiconductors
10.39 11-01 FSRFX 101.37 STransportation Yes
10.22 12-01 FCPGX 23.97 SmallCapGrowth Yes
10.20 13-12 FISMX 29.34 InternationalSmallCap
9.71 14-01 FSLBX 78.98 SBrokerageandInvestmentManagement Yes
9.66 15-19 FSEAX 41.20 EmergingAsia
9.61 16-26 FEMKX 30.39 EmergingMarkets
9.53 17-02 FSAIX 84.55 SAirTransportation Yes
9.46 18-23 FDSVX 31.78 Growth Discovery
9.36 19-01 FOCPX 104.16 OTCPortfolio
9.29 20-12 FPBFX 33.66 PacificBasin
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Jul17 1m+5% 3m+8% 6m+5% 12m+6% 24m+7% 36m+17% 60m+81% 120m-18%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSemiconductors(FSELX)(10Oct17) from SComputers(FDCPX)
20% – SBiotechnology(FBIOX)(05Sep17) from CashResrves(FDRXX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – OTCPortfolio(FOCPX)(15May17) from CashReserves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Jul17 1m+1% 3m+2% 6m+5% 12m+5% 24m+7% 36m+16% 60m+25% 120m+22%
Average annual return since 1/82 11%