A good week, a buy week. The sum of all the deviations has been 678, 679, and now 738 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 10, 25, and now 32.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 4% above its 50 day moving average,
IWM (Russell 2000 ETF) is 4% 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.
Last week I reported that for November IRA#1 gain was 6%, IRA#2 gain was 1%, and PTNQ gain was 4%.
On my 08Nov report I reviewed a way to use the Fidelity Daily pricing information as a simple way to identify the best funds.
If you had invested in the top 10 1-month best funds which Fidelity reported through the end October your November gain would have been 2%.
Investing in the top 5 1-month best funds would have November gain of 3%.
Reviewing the top 10 3-month best funds, the November gain was 5%, the top 5 3-month best funds November gain was 7%.
Fidelity produces the numbers monthly, only one time a month is required to decide investments, and no calculations are required.
Just remember to hold the investment for at least 30 days, and avoid some foreign funds such as FICDX, FHKCX, FSEAX, FEMKX, FIEUX, FJPNX, FJSCX, FLATX, FNORX, and FPBFX. Fidelity can impose restrictions on reinvesting if you sell too many of these foreign funds within 90 days.
IRA#1
SSemiconductors has a price of 12.51, a sell price 11.88, a rank of 01, and is a hold. (ETF – XSD, SMH)
IRA#2
SSemiconductors has a price of 12.51, a sell price 11.88, a rank of 01, and is a hold. (ETF – XSD, SMH)
SConstructionandHousing has a price of 64.11, a sell price 62.26, a rank of 51, and is a SELL. (ETF – ITB, PKB)
SWireless has a price of 11.18, a sell price 10.62, a rank of 12, and is a hold. (ETF – IYZ, XTL)
SAutomotive has a price of 37.74, a sell price 35.85, a rank of 10, and is a hold. (ETF – RGI, EXI)
SHealthCareServices has a price of 101.47, a sell price 97.18, a rank of 13, and is a hold. (ETF – GNOM, BBC)
SComputers has a price of 84.91, a sell price TBD, a rank of 03 and is a buy.
My investment changes this weekend:
IRA #1 – none
IRA #2 – exchange SConstructionandHousing into SComputers
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).
18.60 01-26 FSELX 12.51 SSemiconductors NO
14.45 02-04 FBIOX 22.89 SBiotechnology NO
13.43 03-15 FDCPX 84.91 SComputers YES
13.06 04-04 FPHAX 24.01 SPharmaceuticals YES
12.35 05-09 FSPTX 19.66 STechnology NO
12.32 06-02 FSESX 23.75 SEnergyServices YES
11.42 07-01 FHKCX 38.35 ChinaRegion YES
11.23 08-09 FEXPX 21.79 Export&Multinational NO
11.19 09-09 FSRBX 29.15 SBanking YES
10.99 10-10 FSAVX 37.74 SAutomotive NO
10.49 11-05 FSLBX 82.79 SBrokerage&InvestmentManagement NO
10.29 12-18 FWRLX 11.18 SWireless NO
10.25 13-05 FSJCX 101.47 SHealthCareServices NO
9.82 14-09 FGRIX 42.10 Growth&Income NO
9.66 15-06 FIDSX 11.36 SFinancialServices NO
9.50 16-08 FLCSX 34.21 LargeCapStock NO
9.50 17-01 FPBFX 33.97 PacificBasin YES
9.47 18-05 FOCPX 12.60 OTCPortfolio NO
9.43 19-01 FSEAX 44.40 EmergingAsia YES
9.38 20-01 FLATX 28.03 LatinAmerica YES
Last Week
15.08 01-25 FSELX 12.02 SSemiconductors NO
13.91 02-03 FBIOX 22.61 SBiotechnology NO
11.74 03-04 FSHCX 102.29 SHealthCareServices YES
11.24 04-08 FSPTX 19.34 STechnology NO
11.10 05-04 FSLBX 82.79 SBrokerage&InvestmentManagement YES
11.06 06-08 FEXPX 21.63 Export&Multinational NO
10.66 07-03 FPHAX 23.34 SPharmaceuticals YES
10.45 08-14 FDCPX 82.10 SComputers YES
10.15 09-09 FSAVX 37.24 SAutomotive NO
10.01 10-08 FSRBX 28.67 SBanking YES
9.76 11-02 FCPGX 27.20 SmallCapGrowth YES
9.42 12-08 FGRIX 41.73 Growth&Income NO
9.06 13-05 FIDSX 11.24 SFinancialServices NO
9.01 14-17 FWRLX 10.99 SWireless NO
9.00 15-02 FSMEX 60.06 SMedicalTechnologyandDevices NO
8.99 16-07 FLCSX 33.88 LargeCapStock NO
8.71 17-06 FDGFX 30.75 DividendGrowth NO
8.71 18-04 FOCPX 12.45 OTCPortfolio NO
8.39 19-01 FSESX 22.77 SEnergyServices YES
8.36 20-01 FIGFX 15.54 InternationalGrowth YES
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – SSemiconductors(16Sep19) from SGold(FSAGX)(17Jun19))
Nov19 1m+6% 3m-0% 6m+23% 12m+2%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – SComputers(FDCPX)(16Dec20 From SConstructionandHousing(FSHOX)
20% – SHealthCareServices(FSHCX)(09Dec19) from LatinAmerica(FLATX)(04Nov19)
20% – SAutomotive(FSAVX)(28Oct19) from Cash(16Sep19)
20% – SWireless(FWRLX)(21Oct19) from Cash(26Aug19)
(16Sep19)
20% – SSemiconductors(09Sep19) from Cash(19Aug19)
Nov19 1m+1% 3m+1% 6m+8% 12m+3%
Average annual return since 1/82 na%