An OK week, a buy week. The sum of all the deviations has been 652, 733, and now 734 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 38, 32, and now 46.
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.
A time to buy – Sum of all deviations is up 2 weeks in a row, if only by a minimul amount.
Sorry this is late. I spend Saturday working at WDW – Animal Kingdom, Dinoland, Boneyard, and it was HOT.
I have put in buy orders for the two ETF and one fund I am buying. I generally do that on Sundays unless Fidelity will not let me due to low volume or the ETF is on a secondary exchange.
IRA#1
SGold has a price of 22.03, a sell price 20.93, a rank of 01, and is a hold. (ETF – GDX, GLD)
IRA#2
SITServices has a price of 74.48, a sell price 70.76, a rank of 03, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 18.17, a sell price 17.26, a rank of 13, and is a hold. (ETF – ITA, XAR)
SGold has a price of 22.03, a sell price 20.93, a rank of 01, and is a hold. (ETF – GDX, GLD)
LatinAmerica has a price of 27.53, a sell price 26.15, a rank of 04, and is a hold. (ETF – EWZS, AGT)
STechnology has a price of 17.78, a sell price TBD, a rank of 05, and is a buy. (ETF – PTF, IPAY)
My investment changes this weekend:
IRA #1 – None
IRA #2 – invest 20% in STechnology
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?
18.74 01-07 FSAGX 22.03 SGold NO
14.69 02-04 FSELX 10.34 SSemiconductors NO
13.84 03-27 FBSOX 74.48 SITServices YES
13.14 04-04 FLATX 27.53 LatinAmerica YES
12.32 05-21 FSPTX 17.78 STechnology YES
11.62 06-14 FSHOX 59.81 SConstructionandHousing YES
11.37 07-01 FSHCX 94.68 SHealthCareServices YES
11.37 08-20 FSCSX 19.20 SSoftware&ITServices YES
11.30 09-09 FSPCX 64.72 SInsurance NO
10.70 10-10 FTRNX 109.84 Trend YES
10.28 11-02 FTQGX 26.24 FocusedStock YES
10.26 12-03 FSVLX 17.42 SConsumerFinance YES
10.07 13-04 FSDAX 18.17 SDefense&Aerospace YES
9.86 14-02 FDFFX 38.62 Independence YES
9.67 15-01 FSRPX 16.56 SRetailing YES
9.62 16-01 FSAVX 34.13 SAutomotive YES
9.59 17-02 FDEGX 49.01 Growth Strategies YES
8.88 18-04 FHKCX 34.80 ChinaRegion NO
8.83 19-02 FDLSX 16.39 SLeisure NO
8.71 20-01 FSAIX 77.55 SAirTransportation YES
Last Week
17.42 01-06 FSAGX 21.57 SGold NO
12.69 02-26 FBSOX 73.19 SITServices NO
12.34 03-03 FSELX 10.05 SSemiconductors NO
11.86 04-03 FLATX 27.03 LatinAmerica NO
11.59 05-08 FSPCX 64.50 SInsurance NO
11.52 06-20 FSPTX 17.54 STechnology NO
10.79 07-13 FSHOX 59.00 SConstructionandHousing YES
10.64 08-19 FSCSX 18.96 SSoftware&ITServices NO
10.49 09-03 FHKCX 35.15 ChinaRegion YES
9.97 10-02 FSVLX 17.28 SConsumerFinance YES
9.81 11-09 FTRNX 108.35 Trend NO
9.57 12-03 FSDAX 17.99 SDefense&Aerospace NO
9.19 13-03 FSMEX 56.81 SMedicalEquipment&Systems YES
9.11 14-01 FIGFX 14.91 InternationalGrowth YES
8.98 15-01 FDFFX 38.11 Independence NO
8.87 16-01 FDLSX 16.32 SLeisure YES
8.87 17-01 FDEGX 48.44 Growth Strategies NO
8.69 18-08 FIVFX 22.09 InternationalCapApp NO
8.62 19-04 FEMEX 10.21 EmergingEMEA NO
8.60 20-01 FTQGX 25.70 FocusedStock NO
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – SGold(FSAGX)(17Jun19) from Cash(13May19)
May19 1m-7% 3m-9% 6m-16% 12m-19% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – STechnology(FSPTX_(14Jul19) from Cash(20May19)
20% – LatinAmerica(FLATX(24Jun19) from Cash(13May19)
20% – SGold(FSAGX)(17Jun19) from Cash(13May19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
May19 1m-6% 3m-4% 6m-4% 12m-8% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
ETFs
PTNQ May19 1m-8% 3m+1% 6m+1% 12m+1%
QQQ May19 1m-8% 3m-0% 6m+3% 12m+3%
TQQQ May19 1m-24% 3m-2% 6m-1% 12m-10%