A good week, not a buy week. The sum of all the deviations has been 818, 521, and now 763 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 04, 01, and now 02.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 3% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 7% above its 50 day moving average,
IWM (Russell 2000 ETF) is 2% below its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
Not a time to buy – Sum of all deviations is not up 2 weeks in a row.
I am sorry I am a little late – working both Sat and Sun.
IRA#1
none
IRA#2
SWireless has a price of 11.54, a sell price 11.08, a rank of 15, and is a hold. (ETF – IYZ, XTL)
STechnology has a price of 21.72. a sell price 20.63, a rank of 01, and is a hold. (ETF – FTXL, SOXX)
My investment 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).
18.23 01-17 FSPTX 21.72 STechnology NO
15.92 02-05 FSCSX 21.91 SSoftware&ITServices NO
15.12 03-13 FDCPX 88.25 SComputers NO
14.13 04-34 FSELX 12.59 SSemiconductors NO
13.47 05-13 FOCPX 13.61 OTCPortfolio NO
13.16 06-06 FTRNX 114.61 Trend NO
12.83 07-08 FNCMX 119.52 NasdaqCompositeIndex NO
12.70 08-01 FBIOX 22.52 SBiotechnology NO
12.59 09-12 FPHAX 23.88 SPharmaceuticals NO
12.26 10-05 FBGRX 115.53 BlueChipGrowth NO
12.18 11-04 FBSOX 81.24 SITServices NO
11.97 12-03 FSAVX 38.51 SAutomotive NO
11.65 13-04 FFIDX 53.59 Fidelity NO
11.33 14-02 FLGEX 22.72 LargeCapGrowthEnhancedIndex NO
11.26 15-26 FWRLX 11.54 SWireless NO
11.09 16-02 FDEQX 42.22 DisciplinedEquity YES
11.05 17-04 FSLBX 84.68 SBrokerage&InvestmentManagement NO
10.62 18-03 FDFFX 38.74 Independence NO
10.56 19-01 FTQGX 27.38 FocusedStock NO
10.45 20-01 FSHCX 106.34 SHealthCareServices NO
Last Week
14.21 01-16 FSPTX 20.78 STechnology NO
11.88 02-04 FSCSX 20.97 SSoftware&ITServices NO
11.79 03-33 FSELX 12.24 SSemiconductors NO
11.46 04-12 FDCPX 84.77 SComputers NO
11.13 05-02 FSAGX 24.45 SGold NO
10.08 06-12 FOCPX 13.11 OTCPortfolio NO
10.06 07-05 FTRNX 111.83 Trend NO
9.97 08-11 FPHAX 23.17 SPharmaceuticals NO
9.86 09-03 FBSOX 79.05 SITServices NO
9.65 10-01 FSUTX 100.98 SUtilities YES
9.37 11-02 FSAVX 37.38 SAutomotive NO
9.26 12-03 FSLBX 82.83 SBrokerage&InvestmentManagement NO
9.14 13-07 FNCMX 114.83 NasdaqCompositeIndex NO
8.82 14-25 FWRLX 11.22 SWireless NO
8.70 15-04 FBGRX 111.14 BlueChipGrowth NO
8.67 16-03 FFIDX 51.84 Fidelity NO
8.12 17-02 FDFFX 37.65 Independence NO
8.01 18-01 FDEQX 40.81 DisciplinedEquity NO
7.95 19-01 FCPGX 27.65 SmallCapGrowth NO
7.86 20-01 FLGEX 21.88 LargeCapGrowthEnhancedIndex NO
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – Cash(03Feb20) from SSemiconductors(16Sep19)
Nov19 1m+6% 3m-0% 6m+23% 12m+2%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – Cash(03Feb20) from SHealthCareServices(09Dec19)
20% – Cash(03Feb20) from SComputers(16Dec19)
20% – Cash(03Feb20) from SSemiconductors(16Sep19)
20% – STechnology(FSPTX)(21Jan20) from SAutomotive(FSAVX)(28Oct19)
20% – SWireless(FWRLX)(21Oct19) from Cash(26Aug19)
Nov19 1m+1% 3m+1% 6m+8% 12m+3%
Average annual return since 1/82 na%