A not so good week, just not bad enough to sell. The sum of all the deviations has been 765, 799, and now 744.
The number of funds I rate as buy over the last 3 weeks has been 15, 22, and now 12.
So last weekend I forgot the date, thought Friday was 11/02, and thus ended up using the wrong closing numbers. I have fixed this week’s report to correctly report results based on the correct numbers for last week. I’d like to blame it on Fidelity, but I think the error was all mine. The results were not significant with no change in buy or sell. Feel free to let me know if you find any errors in this report.
The Trump market rally is now a year old. The DJIA index (ETF DIA) is up 30%, the S&P500 index (ETF SPY) is up 23%, and the Nasdaq 100 (ETF QQQ) is up 32%. Generally the first year of any president’s term is a down market year. For whatever reason it has not happened, yet. I have been convinced for some time it will happen soon, I just do not know how soon. Please watch your investments. In my 20 Oct I provided a URL to a youtube video. The title of the video was Edge of The Cliff. I’ve been watching it again and was impressed with the fact that Real Vision produced the video to warn investors. They had the same warnings in 2008 but the media, banks, and brokers were not interested. I have not heard about from the media, banks, or brokers this time either.
My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 96.90, a 50 day MA of 95.65, and a 200 day MA of 92.22
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 191.04, a sell price 181.49, a rank of 03, and is a hold. (ETF – CQQQ)
IRA#2
SSemiconductors has a price of 125.71, a sell price 119.42, a rank of of 01, and is a hold. (ETF – PSI)
ChinaRegion has a price of 35.69, a sell price 33.91, a rank of 02, and is a hold. (ETF – CXSE)
EmergingMarketsIndex – IC has a price of 11.33, a sell price 10.76, and a rank of 08, and is a hold. (ETF – EEMO)
I generally do my own ETF analysis Sunday evenings. I have been too busy lately to do part of it earlier, so I am going to let you compute your owns stoploss levels. I use 7% from the latest high close, but that is just a percentage which I think works for me.
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:
18.53 01-07 FSELX 125.71 SSemiconductors Yes
16.09 02-27 FHKCX 35.69 ChinaReqion Yes
15.08 03-42 FSPTX 191.04 STechnology Yes
14.18 04-25 FSEAX 44.72 EmergingAsia
14.08 05-02 FDCPX 98.62 SComputers Yes
12.80 06-05 FPBFX 36.07 PacificBasin Yes
12.24 07-04 FSCSX 171.36 SSoftware&ITServices
11.59 08-19 FPEMX 11.33 EmergingMarketsIndex – IC
11.54 09-06 FBSOX 54.56 SITServices
11.04 10-16 FSDAX 165.13 SDefense&Aerospace
10.87 11-09 FSCHX 182.48 SChemicals
10.78 12-02 FJPNX 15.37 Japan Yes
10.76 13-01 FSENX 43.16 SEnergy Yes
10.69 14-02 FFGCX 12.78 GlobalCommodityStock
10.53 15-02 FEMKX 31.71 EmergingMarkets
10.44 16-01 FSNGX 24.76 SNaturalGas Yes
10.39 17-04 FOCPX 108.70 OTCPortfolio
10.03 18-03 FJSCX 19.00 JapanSmallerCompanies
9.95 19-29 FDSVX 33.01 Growth Discovery
9.93 20-03 FTQGX 23.61 FocusedStock
Last week
18.51 01-06 FSELX 124.46 SSemiconductors Yes
15.53 02-41 FSPTX 190.27 STechnology Yes
14.71 03-26 FHKCX 34.97 ChinaReqion
14.14 04-24 FSEAX 44.37 EmergingAsia
13.59 05-01 FDCPX 97.47 SComputers Yes
13.17 06-03 FSCSX 171.67 SSoftware&ITServices Yes
12.81 07-15 FSDAX 166.79 SDefense&Aerospace
12.24 08-04 FPBFX 35.65 PacificBasin
12.18 09-08 FSCHX 183.58 SChemicals
11.66 10-06 FBSOX 54.29 SITServices Yes
11.58 11-18 FPEMX 11.26 EmergingMarketsIndex – IC
11.18 12-03 FOCPX 108.87 OTCPortfolio Yes
11.12 13-07 FSVLX 15.65 SConsumerFinance
10.76 14-28 FDSVX 33.08 Growth Discovery
10.74 15-02 FTQGX 23.66 FocusedStock Yes
10.71 16-01 FFGCX 12.71 GlobalCommodityStock
10.63 17-02 FCNTX 127.51 Contrafund Yes
10.61 18-01 FJPNX 15.26 Japan Yes
10.60 19-01 FBGRX 87.81 BlueChipGrowth Yes
10.37 20-01 FEMKX 31.49 EmergingMarkets
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Average annual return since 1/82 11%