Monday is a holiday and the market is closed.
Wall Street week had an interesting comment this week by one of the guests. Seems there has been 4 Republican sweeps in the last 100 years and in each one there was a pre inauguration market bounce. Then after the bounce, the market went down, Bush -33%, Reagan -27%, Hoover a bunch (1929).
A couple of online reports for you to review this week.
Jim Rogers in a CNBC report tells you where to invest now:
http://www.cnbc.com/2017/01/09/investing-legend-jim-rogers-forget-china-buy-russia.html
Jeffrey Gunlach on investing now: http://video.foxbusiness.com/v/5277137521001/?#sp=show-clips
Stockcharts.com has an interesting report on a measure of market sentiment:
http://stockcharts.com/articles/decisionpoint/2017/01/rydex-cashflow-ratio-sentiment-putting-money-where-the-mouth-is.html
“The DecisionPoint Report” from Stockcharts.com:
On Friday, 06Jan, the short term outlook is neutral to bearish, intermediate term is neutral, long term outlook is neutral to bullish.
On Friday, 13Jan, the short term outlook is bearish, intermediate term is neutral, long term outlook bullish.
My S&P500 is in RSP (SPY EW) which has a price of 88.05, 50 day MA of 86.00, a 200 day MA of 82.24, and a 7% stop loss is 82.18. This is not an investment to buy and hold.
IBD TBP’s Market Pulse is “Confirmed Uptrend” as of 08Dec. Time to invest
My current investments:
IRA#1 and IRA#2
SBanking has a price of 32.55, a sell price 30.92, a rank of 01, and is a hold. (ETF – KRE- current stoploss 52.51)
IRA#2
SSemiconductors has a price of 97.98, a sell price 93.08, a rank of 05, and is a hold. ( ETF – SMH – current stoploss 68.60)
SComputers has a price of 75.87, a sell price 72.08, a rank of 28, and is a sell – there are some buys. (ETF – SOXX – current stoploss 118.18)
STransportation has a price of 91.83, a sell price 88.92, a rank of 08, and is a hold. (ETF – XTN – current stoploss 52.76)
SNaturalGas has a price of 29.74, a sell price 28.93, a rank of 10, and is a Hold. (ETF – XES – current stoploss 22.06)
SBiotechnology has a price of 188.06, a sell price TBD, a rank of 02, and is a buy. (ETF – XBI – current stoploss TBD)
I really dislike buying SBiotechnology. It is extremely volatile, liable to go up or down a couple percent a day. However the numbers put it as the best fund to buy. It may be a good investment as long as Trump does not Tweet about it.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Selling SComputers, buying SBiotechnology.
My 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).
This week:
18.82 01-13 FSRBX 32.55 SBanking
16.74 02-03 FBIOX 188.06 SBiotechnology Yes
15.87 03-07 FSESX 57.11 SEnergyService
14.81 04-10 FARNX 13.57 EventDrivenOpportunities Yes
13.70 05-28 FSELX 97.98 SSemiconductors
12.33 06-10 FIDSX 99.62 SFinancialServices
12.30 07-10 FSLBX 69.22 SBrokerageandInvestmentManagement
11.96 08-11 FSRFX 91.83 STransportation Yes
11.85 09-10 FSHCX 85.86 SHealthCareServices Yes
11.73 10-09 FSNGX 29.74 SNaturalGas
11.58 11-09 FCPEX 14.33 SmallCapEnchancedIndex
11.52 12-11 FSAIX 75.32 SAirTransportation
10.85 13-02 FFGCX 11.77 GlobalCommodity Stock Yes
9.91 14-10 FSVLX 13.58 SConsumerFinance
9.26 15-01 FEMEX 8.58 EmergingEMEA Yes
9.48 15-01 FSCHX 151.93 SChemicals Yes
9.20 17-05 FCYIX 32.81 SIndustrials
9.18 18-02 FLCSX 30.04 LargeCapStock
8.72 19-01 FDSCX 26.56 StockSelectorSmallCap
8.61 20-01 FSTCX 71.18 STelecommunications
Last week:
19.78 01-12 FSRBX 32.49 SBanking
18.93 02-06 FSESX 58.13 SEnergyService
16.66 03-02 FBIOX 186.27 SBiotechnology
15.11 04-08 FSNGX 30.45 SNaturalGas
14.18 05-09 FARNX 13.39 EventDrivenOpportunities
13.40 06-09 FIDSX 99.92 SFinancialServices
13.28 07-09 FSLBX 69.37 SBrokerageandInvestmentManagement
12.27 08-27 FSELX 96.05 SSemiconductors
11.79 09-08 FCPEX 14.27 SmallCapEnchancedIndex
11.26 10-10 FSAIX 74.69 SAirTransportation
11.25 11-10 FSRFX 90.68 STransportation
11.18 12-08 FSENX 47.70 SEnergy
11.13 13-09 FSVLX 13.66 SConsumerFinance
10.56 14-09 FSHCX 84.34 SHealthCareServices
9.86 15-09 FNARX 31.30 SNaturalResources
9.75 16-01 FLCSX 30.05 LargeCapStock
9.64 17-11 FSDAX 131.76 SDefense&Aerospace
9.60 18-09 FSPCX 78.18 SInsurance
9.39 19-04 FCYIX 32.71 SIndustrials
9.31 20-01 FFGCX 11.54 GlobalCommodity Stock
IRA#1 is currently invested in:
100% – SBanking(FSRBX)(21Nov16) from CashReserves(FDRXX)
Nov16 1m+1% 3m-6% 6m-7% 12m+15% 24m+5% 36m+9% 60m52% 120m-5%
Oct16 1m-8% 3m-6% 6m-1% 12m+10% 24m+6% 36m+11% 60m44% 120m-1%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SNaturalGas(FSNGX)(12Dec16) from CashReserves(FDRXX)
20% – STransportation(FSRFX)(28Nov16) from CashReserves(FDRXX)
20% – SBanking(FSRBX)(21Nov16) from CashReserves(FDRXX)
20% – SComputers(FDCPX)(03Oct16) from CashReserves(FDRXX)
20% – SSemiconductors(FSELX)(08Aug16) from CashReserves(FDRXX)
Nov16 1m+3% 3m-1% 6m+7% 12m+4% 24m+7% 36m+6% 60m+19% 120m+21%
Oct16 1m-5% 3m-6% 6m+4% 12m+1% 24m+7% 36m+4% 60m+15% 120m+17%
Average annual return since 1/82 11%