A good week, a buy week. The sum of all the deviations has been 521, 763, and now 918 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 01, 02, and now 94.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 8% above its 50 day moving average,
IWM (Russell 2000 ETF) is 2% below 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 – Sum of all deviations is up 2 weeks in a row.
The top 5 Fidelity funds based on a 3 month return as of 31Dec earned -2.48% in January based on 31Jan Fidelity list. However you cannot invest until the list is available. I invested in the 5 funds as soon as the 31Dec list was available, my gain was 1.42% as of 10Feb when the next list was available. On 10Feb I invested in the new list of the top 5 Fidelity funds based on a 3 month return. Both SBiotechnology and SPharmaceuticals were on both lists, gaining 2.8% and 1.7% in January.
IRA#1
STechnology has a price of 22.34, a sell price TBD, a rank of 01, and is a buy. (ETF – FTXL, SOXX)
IRA#2
SWireless has a price of 11.96, a sell price 11.36, a rank of 11, and is a hold. (ETF – IYZ, XTL)
STechnology has a price of 22.34, a sell price 21.22, a rank of 01, and is a hold. (ETF – FTXL, SOXX)
SSemiconductors has a price of 13.17, a sell price TBD, a rank of 02, and is a buy. (ETF – XLK, IETC )
My investment changes this weekend:
IRA #1 – Invest 100% in STechnology
IRA #2 – Invest 20% in SSemiconductors
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 60% 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).
20.31 01-18 FSPTX 22.34 STechnology YES
18.24 02-35 FSELX 13.17 SSemiconductors YES
17.28 03-06 FSCSX 22.37 SSoftware&ITServices YES
15.41 04-14 FDCPX 89.20 SComputers YES
15.21 05-14 FOCPX 13.93 OTCPortfolio YES
15.06 06-07 FTRNX 117.46 Trend YES
14.89 07-05 FBSOX 83.86 SITServices YES
14.61 08-01 FHKCX 41.86 ChinaRegion YES
14.58 09-06 FBGRX 118.82 BlueChipGrowth YES
14.48 10-09 FNCMX 122.19 NasdaqCompositeIndex YES
14.43 11-27 FWRLX 11.96 SWireless YES
13.82 12-02 FSHCX 110.38 SHealthCareServices YES
13.45 13-05 FFIDX 54.84 Fidelity YES
13.29 14-04 FSAVX 39.24 SAutomotive YES
13.29 15-02 FDEQX 43.36 DisciplinedEquity YES
13.26 16-02 FBIOX 22.79 SBiotechnology YES
13.09 17-03 FLGEX 23.24 LargeCapGrowthEnhancedIndex YES
13.05 18-02 FTQGX 28.19 FocusedStock YES
12.88 19-04 FDFFX 39.80 Independence YES
12.55 20-01 FMAGX 11.09 Magellan YES
Last Week
18.23 01-17 FSPTX 21.72 STechnology NO
15.92 02-05 FSCSX 21.91 SSoftware&ITServices NO
15.12 03-13 FDCPX 88.25 SComputers NO
14.13 04-34 FSELX 12.59 SSemiconductors NO
13.47 05-13 FOCPX 13.61 OTCPortfolio NO
13.16 06-06 FTRNX 114.61 Trend NO
12.83 07-08 FNCMX 119.52 NasdaqCompositeIndex NO
12.70 08-01 FBIOX 22.52 SBiotechnology NO
12.59 09-12 FPHAX 23.88 SPharmaceuticals NO
12.26 10-05 FBGRX 115.53 BlueChipGrowth NO
12.18 11-04 FBSOX 81.24 SITServices NO
11.97 12-03 FSAVX 38.51 SAutomotive NO
11.65 13-04 FFIDX 53.59 Fidelity NO
11.33 14-02 FLGEX 22.72 LargeCapGrowthEnhancedIndex NO
11.26 15-26 FWRLX 11.54 SWireless NO
11.09 16-02 FDEQX 42.22 DisciplinedEquity YES
11.05 17-04 FSLBX 84.68 SBrokerage&InvestmentManagement NO
10.62 18-03 FDFFX 38.74 Independence NO
10.56 19-01 FTQGX 27.38 FocusedStock NO
10.45 20-01 FSHCX 106.34 SHealthCareServices NO
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(18Feb20) from Cash(03Feb20)
Nov19 1m+6% 3m-0% 6m+23% 12m+2%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – SSemiconductors(FSELX)(18Feb20) from Cash(03Feb20)
20% – Cash(03Feb20) from SHealthCareServices(09Dec19)
20% – Cash(03Feb20) from SComputers(16Dec19)
20% – STechnology(FSPTX)(21Jan20) from SAutomotive(FSAVX)(28Oct19)
20% – SWireless(FWRLX)(21Oct19) from Cash(26Aug19)
Nov19 1m+1% 3m+1% 6m+8% 12m+3%
Average annual return since 1/82 na%