A very good week, not a buy week. The sum of all the deviations has been -1578, -1774, and now -874 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 05, 12, and now 05.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% below its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 2% below its 50 day moving average,
IWM (Russell 2000 ETF) is 10% below its 50 day moving average,
QQQ is above its 200 day moving average.
The sum of the deviations is negative.
Not a time to buy – Sum of all deviations is not up 2 weeks in a row.
https://www.paceretfs.com/media/trendpilot_tracker.pdf provides the latest information on all 6 Pacer Trentpilot ETFs. Out of the 6 Pacer Trendpilot ETFs 5 are still in treasury bills and QQQ is half invested in treasury bills and half in NASDAQ-100 index.
IRA#1
No investments
IRA#2
No investments
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 – 00% 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).
8.56 01-03 FSAGX 23.85 SGold YES
1.61 02-06 FNBGX 17.09 Long-Term Treasury Bond Index NO
0.63 03-07 FHKCX 36.70 ChinaRegion NO
0.19 04-06 FPHAX 21.29 SPharmaceuticals YES
-0.41 05-01 FSHCX 95.02 SHealthCareServices NO
-0.77 06-15 FTRNX 99.79 Trend NO
-1.24 07-03 FFIDX 46.87 Fidelity NO
-1.24 08-06 FLGEX 19.91 LargeCapGrowthEnhancedIndex NO
-1.62 09-07 FSEAX 41.67 EmergingAsia NO
-1.71 10-05 FSPHX 25.91 SHealthCare YES
-1.92 11-12 FOCPX 11.66 OTCPortfolio NO
-1.93 12-05 FUAMX 11.96 IntermediateTreasuryBondIndex NO
-2.03 13-01 FNCMX 102.52 NasdaqCompositeIndex NO
-2.42 14-01 FDFFX 33.64 Independence NO
-2.51 15-01 FDEQX 36.25 DisciplinedEquity YES
-2.58 16-01 FMAGX 9.38 Magellan NO
-2.87 17-43 FSCSX 18.30 SSoftware&ITServices NO
-2.92 18-04 FCVSX 28.47 ConvertibleSecurities NO
-2.97 19-01 FCNTX 12.45 Contrafund NO
-3.14 20-01 FBGRX 98.14 BlueChipGrowth NO
Last Week
4.01 01-05 FNBGX 17.48 Long-Term Treasury Bond Index YES
-1.38 02-04 FUAMX 12.04 IntermediateTreasuryBondIndex YES
-1.77 03-05 FPHAX 20.87 SPharmaceuticals YES
-4.88 04-06 FHKCX 34.68 ChinaRegion NO
-4.94 05-02 FSAGX 20.79 SGold YES
-6.57 06-05 FSPHX 24.65 SHealthCare YES
-7.85 07-34 FWRLX 9.53 SWireless NO
-8.36 08-06 FSEAX 38.85 EmergingAsia NO
-8.99 09-06 FBIOX 18.13 SBiotechnology NO
-9.65 10-01 FGOVX 11.20 GovernmentIncome YES
-9.90 11-45 FSPTX 16.64 STechnology NO
-9.91 12-04 FPURX 19.62 Puritian NO
-10.02 13-01 FSMEX 50.10 SMedicalTechnologyandDevices YES
-10.28 14-42 FSCSX 16.93 SSoftware&ITServices NO
-10.43 15-03 FDCPX 68.15 SComputers NO
-10.54 16-14 FTRNX 90.00 Trend NO
-10.64 17-02 FFIDX 42.44 Fidelity NO
-10.78 18-05 FLGEX 18.00 LargeCapGrowthEnhancedIndex NO
-10.97 19-03 FCVSX 26.15 ConvertibleSecurities NO
-11.10 20-11 FOCPX 10.58 OTCPortfolio NO
IRA#1 is currently invested in:
100% – Cash(23Mar20) from STechnology(FSPTX)(18Feb20)
Mar20 1m-21% 3m-31% 6m-17% 12m-17% 24m-25%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – Cash(23Mar20) from SSemiconductors(FSELX)(18Feb20)
20% – Cash(03Feb20) from SHealthCareServices(09Dec19)
20% – Cash(03Feb20) from SComputers(16Dec19)
20% – Cash(02Mar20) from STechnology(21Jan20)
20% – Cash(02Mar20) from SWireless(21Oct19)
Mar20 1m-3% 3m-7% 6m-0% 12m+0% 24m-4%
Average annual return since 1/82 na%