Not a good week, not a buy week. The sum of all the deviations has been 509, 563, and now 380 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 37, 78, and now 02 (none in the my top 20).
Over the last month, foreign stock markets are taking a hit. The IShares ETFs all start with EW so the first 10 are EWA,EWC,EWD,EWG,EWH,EWI,EWJ,EWK,EWL,and EWM. Not one of those ten are up since August 07. Only two out of the next ten, – EWN,EWO,EWP,EWQ,EWS,EWT,EWU,EWW,EWY,EWZ, – are up. EWT – Taiwan – is up 0.32% and EWV – South Korea – is up 0.75%. In a world of falling stock prices, how long can the US market continue up?
In addition to the error I made in last week’s report, I received some emails on a couple of other items. My IRA#2 by the end of July was 60% invested, not the 40% I reported. The reason I did not suggest a purchase of HealthCareServices is that its deviation had not been up two weeks in a row. This may be an indicating it is peaking. In this case it was not since HealthCareServices is up more this week.
IRA#1
SRetailing has a price of 16.49, a sell price 15.78, a rank of 02, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 65.74 a sell price 63.60, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.49, a sell price 15.78, a rank of 02, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.24, a sell price 18.82, a rank of 17, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SMedicalTechnologyandDevices has a price of 54.41, a sell price 51.69, a rank of 03, and is a hold. (ETF – XPH, ARKG)
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 – 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:
13.13 01-13 FSHCX 105.13 SHealthCareServices
12.29 02-43 FSRPX 16.49 SRetailing
10.40 03-07 FSMEX 54.41 SMedicalTechnologyandDevices
10.14 04-35 FBSOX 65.74 SITServices
9.53 05-13 FSPHX 26.58 SHealthCare
9.53 06-22 FTQGX 27.18 FocusedStock
8.14 07-01 FSRFX 106.32 STransportation
7.87 08-04 FSDCX 39.79 SCommunicationsEquipment
7.87 09-09 FSUIX 15.27 LargeCapGrowthIndex – Inv
7.66 10-22 FOCPX 12.96 OTCPortfolio
7.51 11-14 FSCPX 47.03 SConsumerDiscretionary
7.48 12-22 FBGRX 102.87 BlueChipGrowth
7.19 13-04 FDSCX 30.19 StockSelectorSmallCap
7.14 14-03 FTRNX 111.84 Trend
6.89 15-13 FNCMX 104.21 NasdaqCompositeIndex
6.83 17-02 FDSVX 36.63 Growth Discovery
6.82 17-33 FSCSX 19.24 SSoftware&ITServices
6.81 18-01 FRXIX 15.84 RealEstateIndex – Inv
6.74 19-06 FLGEX 21.17 LargeCapGrowthEnhancedIndex
6.64 20-03 FSSPX 22.71 SmallCapIndex – Inv
Last Week
13.85 01-42 FSRPX 16.61 SRetailing Yes
13.58 02-12 FSHCX 104.82 SHealthCareServices
12.77 03-34 FBSOX 66.95 SITServices Yes
12.47 04-32 FCPGX 30.82 SmallCapGrowth Yes
12.05 05-06 FSMEX 54.92 SMedicalTechnologyandDevices Yes
11.86 06-12 FSPHX 27.01 SHealthCare Yes
11.21 07-21 FTQGX 27.46 FocusedStock Yes
11.10 08-21 FOCPX 13.32 OTCPortfolio Yes
10.74 09-21 FBGRX 105.58 BlueChipGrowth Yes
10.66 10-05 FDCPX 103.37 SComputers Yes
10.55 11-03 FSDCX 40.61 SCommunicationsEquipment Yes
10.39 12-32 FSCSX 19.81 SSoftware&ITServices Yes
10.09 13-12 FNCMX 106.94 NasdaqCompositeIndex Yes
10.09 14-08 FSUIX 15.52 LargeCapGrowthIndex – Inv Yes
9.65 15-02 FTRNX 114.03 Trend Yes
9.54 16-13 FSCPX 47.73 SConsumerDiscretionary Yes
9.29 17-01 FDSVX 37.34 Growth Discovery Yes
9.19 18-05 FLGEX 21.58 LargeCapGrowthEnhancedIndex Yes
8.74 19-03 FDSCX 30.51 StockSelectorSmallCap
8.71 20-02 FSSPX 23.07 SmallCapIndex – Inv Yes
IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
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)
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+40%
Average annual return since 1/82 11%