A good week, a buy week. The sum of all the deviations has been 520, 707, and now 730 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 11, 80, and now 53.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 5% above its 50 day moving average,
IWM (Russell 2000 ETF) is 2% above its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
Time to buy.
It was a good week, time to buy.
I’ve not had enough time to even follow the market this week. Tax time is super busy.
IRA#1
ChinaRegion has a price of 36.23, a sell price 34.42, a rank of 03, and is a hold. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 68.56, a sell price 65.13, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 19.01, a sell price 18.72, a rank of 75, and is a hold for now. (ETF – GDX, GDXJ)
SDefense&Aerospace has a price of 16.98, a sell price 16.42, a rank of 38, and is a for now. (ETF – ITA, XAR)
ChinaRegion has a price of 36.23, a sell price 34.42, a rank of 01, and is a hold. (ETF – CNXT, ASHS)
SSemiconductors has a price of 16.98, a sell price TBD, a rank of 02, and is a BUY. (ETF – FTXL, XSD)
My investment changes this weekend.
IRA #1 – None
IRA #2 – Buy SSemiconductors
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 100% 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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
13.54 01-14 FBSOX 68.56 SITServices
13.53 02-02 FSELX 10.37 SSemiconductors Yes
13.49 03-11 FHKCX 36.23 ChinaRegion
13.13 04-08 FSPTX 16.72 STechnology Yes
12.39 05-09 FSDCX 42.20 SCommunicationsEquipment Yes
11.91 06-07 FSEAX 44.20 EmergingAsia Yes
11.40 07-01 FSHOX 56.97 SConstructionandHousing
10.97 08-06 FOCPX 12.07 OTCPortfolio
10.88 09-01 FSRPX 15.96 SRetailing Yes
10.88 10-06 FBMPX 62.12 SCommunicationServices Yes
10.85 11-01 FSNGX 22.22 SNaturalGas Yes
10.70 12-07 FSCSX 17.87 SSoftware&ITServices Yes
10.43 13-01 FSCPX 46.59 SConsumerDiscretionary Yes
10.22 14-03 FSVLX 16.44 SConsumerFinance Yes
9.96 15-01 FSELX 25.68 SEnvironment&AlternativeEnergy
9.65 16-05 FTQGX 24.71 FocusedStock
9.58 17-03 FSLSX 36.99 ValueStrategies Yes
9.53 18-05 FDSVX 37.15 Growth Discovery Yes
9.49 19-04 FSPGX 15.52 LargeCapGrowthIndex Yes
9.27 20-02 FSAIX 76.29 SAirTransportation Yes
Last Week
14.59 01-10 FHKCX 36.32 ChinaRegion Yes
13.79 02-13 FBSOX 68.56 SITServices Yes
12.69 03-07 FSPTX 16.54 STechnology Yes
12.46 04-01 FSELX 10.21 SSemiconductors
11.90 05-06 FSEAX 43.92 EmergingAsia Yes
11.06 06-05 FOCPX 12.01 OTCPortfolio Yes
10.50 07-08 FSDCX 41.85 SCommunicationsEquipment Yes
9.95 08-06 FSCSX 19.53 SSoftware&ITServices Yes
9.67 09-04 FTQGX 24.59 FocusedStock Yes
9.66 10-05 FBMPX 79.63 SCommunicationServices
9.60 11-02 FSVLX 16.26 SConsumerFinance Yes
9.40 12-03 FSPGX 15.43 LargeCapGrowthIndex Yes
9.30 13-05 FRESX 45.01 RealEstateInvestment
9.27 14-02 FCYIX 34.61 SIndustrials Yes
9.24 15-01 FSAIX 76.64 SAirTransportation Yes
9.19 16-04 FDSVX 36.85 Growth Discovery Yes
8.88 17-01 FNCMX 103.22 NasdaqCompositeIndex Yes
8.87 18-01 FBGRX 100.28 BlueChipGrowth Yes
8.83 19-02 FSLSX 36.55 ValueStrategies Yes
8.83 20-03 FTRNX 101.90 Trend Yes
IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
Feb19 1m-4% 3m-8% 6m-13% 12m-8% 24m+3% 36m+41% 60m+19% 120m+8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSemiconductors(FSELX)(15Apr19) from Cash(11Mar19)
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
Feb19 1m+1% 3m+0% 6m-7% 12m-4% 24m+2% 36m+24% 60m+12% 120m+37%
Average annual return since 1/82 10%
ETFs
PTNQ Feb19 1m+0% 3m+1% 6m-9% 12m+2%
QQQ Feb19 1m+3% 3m+3% 6m-7% 12m+4%