Sort of a nothing week. Some indexes are up a little but nothing really says buy or sell. On the NYSE 57% of the stocks are above their 50 day moving average and on the Nasdaq the number is 56%. Out of the 100 Fidelity funds I follow only 7 have improving deviations over the last 3 weeks, and the sum of all deviation is down over the last 3 weeks. Not a week I am buying or selling anything.
Fidelity has about 20 classification of its funds. Every time I plan an update I search the dates in the classification header to make sure it is the latest update. Last week, it seems they updated the date before they updated the numbers and my quotes were incorrect since I had the previous day’s data. The updated numbers, shown below as last week, are slightly different than before but there were no changes to the analysis of sells.
Gary Kaltbaum is having a contest. Guess the value of the DJIA at the close on 31Dec17 (currently 21,414.34) and the closest guess will win. He has not decided exactly the prize but has said it will be about 3k in value. Send guess, name, phone, and email address to gkaltbaum@kaltbaum.net before end of the day Sunday 16Jul17. He as done this many times before and I’ve never won but my guess has been sent. You can review what he is saying about the contest at Garyk.com just click on one of his radio shows.
My S&P500 is in RSP (SPY EW) which has a price of 92.50, 50 day MA of 91.93, a 200 day MA of 87.96, and a 7% stop loss is 86.92. On Thursday, the low during the day was below the 50 day moving average. Since I am using a 7% stoploss I’ve not sold. It is up slightly over 3 months and down slightly over 1 month.
InestorsBusinessDaily TheBigPicture’s Market Pulse is – I’ve quit following this indicator. It just swings too often from buy to not buy.
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 160.79, a sell price 160.59, a rank of 06, and is a hold. ( ETF – CQQQ – current stoploss 44.34 )
IRA#2
SComputers has a price of 83.72, a sell price 84.05, a rank of of 63, and will be sold when there is another fund to buy. (ETF – PSI – stopped out 6/12 11% gain)
SLeasure has a price of 157.76, a sell price 156.63, a rank of 18, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 103.13, a sell price 100.42, a rank of 10, and is a hold. (ETF – MTUM – stoploss 84.43)
00% Cash in IRA#01 and 80% Cash in IRA#2.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
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:
12.55 01-03 FBIOX 214.10 SBiotechnology
11.21 02-11 FNORX 53.08 Nordic
10.76 03-04 FSMEX 46.32 SMedicalEquipment&Systems
10.53 04-01 FSAIX 81.21 SAirTransportation Yes
10.15 05-07 FSEAX 38.83 EmergingAsia
10.12 06-24 FSPTX 160.79 STechnology
10.09 07-02 FSLBX 75.18 SBrokerageandInvestmentManagement Yes
9.89 08-01 FSELX 106.09 SSemiconductors
9.35 09-09 FHKCX 29.78 ChinaReqion
9.24 10-22 FOCPX 102.13 OTCPortfolio
9.15 11-11 FDSVX 30.92 Growth Discovery
9.06 12-14 FEMKX 27.75 EmergingMarkets
8.65 13-02 FSLEX 24.95 SEnvironmental&AltEnergy
8.57 14-01 FSRFX 96.46 STransportation Yes
8.56 15-01 FSDAX 144.69 SDefense&Aerospace
8.39 16-03 FSPHX 224.78 SHealthCare
8.33 17-11 FIEUX 39.73 Europe
8.23 18-01 FPHAX 19.30 SPharmaceuticals
7.96 18-15 FDLSX 157.76 SLeisure
7.79 20-08 FSCOX 17.33 InternationalSmallCapOpportunities
Last week:
12.38 01-10 FNORX 53.32 Nordic
12.03 02-08 FHKCX 30.36 ChinaReqion
11.72 03-02 FBIOX 211.11 SBiotechnology
11.28 04-03 FSMEX 46.27 SMedicalEquipment&Systems
11.00 05-06 FSEAX 38.92 EmergingAsia
10.84 06-23 FSPTX 160.98 STechnology
10.63 07-21 FOCPX 102.92 OTCPortfolio
9.97 08-13 FEMKX 27.85 EmergingMarkets
9.44 09-04 FPBFX 31.72 PacificBasin
9.42 10-07 FSCOX 17.52 InternationalSmallCapOpportunities
9.33 11-01 FISMX 27.60 InternationalSmallCap
9.22 12-01 FSLBX 74.19 SBrokerageandInvestmentManagement
8.95 13-10 FIEUX 39.78 Europe
8.87 14-01 FSAIX 79.55 SAirTransportation
8.70 15-02 FSPHX 224.43 SHealthCare
8.64 16-14 FDLSX 158.08 SLeisure
8.58 17-01 FSLEX 24.82 SEnvironmental&AltEnergy
8.47 18-10 FDSVX 30.58 Growth Discovery
8.34 19-01 FOSFX 46.90 Overseas
8.20 20-09 FIGFX 12.70 InternationalGrowth
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Apr17 1m+0% 3m-3% 6m+4% 12m+3% 24m-10% 36m+13% 60m+51% 120m+4%
May17 1m+5% 3m-5% 6m+8% 12m+12% 24m-6% 36m+18% 60m+75% 120m-6%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashResrves(FDRXX)(03Jul17) from SSemiconductors(FSELX)
20% – OTCPortfolio(FOCPX)(15May17) from CashReserves(FDRXX)
20% – SLeasure(FDLSX)(08May17) from CashReserves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
20% – SComputers(FDCPX)(13Feb17) from SNaturalGas(FSNGX)
Apr17 1m-1% 3m+3% 6m+9% 12m+13% 24m+7% 36m+13% 60m+15% 120m+20%
May17 1m+4% 3m+2% 6m10% 12m+18% 24m+7% 36m+15% 60m+27% 120m+23%
Average annual return since 1/82 11%