This was a good week. Not quite good enough to buy anything since the sum of all the deviations has not been up 2 weeks in a row.
One of the many podcasts I received is WealthTrack by Consuelo Mack. Last week Burton Malkiel said his one investment for a long term diversified portfolio was an ETF total world stock Fund like VT. Two weeks ago Robert Kleinschmidt said he liked CBL, TSCO, and SM which he feels will be going up. Last year (2/5/16) on the show his one investment for a long term diversified portfolio was ETT XME which has doubled. This year his one investment for a long term diversified portfolio is ETF XOP. The shows are also available on wealthtrack.com.
Another interesting weekly podcast is Zacks Market Edge where Tracey Ryniec suggests value investments. On the 12Jul she reviewed 5 stocks which were valve stocks and most are still value stocks but are now performing like growth stocks. The 5 stocks are AAOI, WTW, CAI, TRTN, and KEM. This year the worst performing of the 5 is up 100.24% and the best is up 264.5%. Tracey points out that value stocks can be a good performers even when up 100%. The shows are also available on zacks.com. I do not intend to buy any of these, but if I did, I would buy 4 or 5, put in stop losses, and let the winners continue.
My S&P500 is in RSP (SPY EW) which has a price of 93.76, 50 day MA of 92.12, a 200 day MA of 88.23, and a 7% stop loss is 87.20. The relative changes between SPY and RSP, since RSP is not doing as well as SPY, is an indication that the big large capitalization stocks are doing better than the smaller ones since both ETFs contain the same 500 stocks. So the bigger stocks are doing well, but the rest of the market is not doing as well.
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 167.91, a sell price 160.59, a rank of 01, and is a hold. ( ETF – CQQQ – current stoploss 45.86 )
IRA#2
SComputers has a price of 88.08, a sell price 84.05, a rank of of 23, and will be sold when there is another fund to buy. (ETF – PSI – stopped out 6/12 11% gain)
SLeasure has a price of 158.22, a sell price 156.63, a rank of 45, and will be sold when there is another fund to buy. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 105.33, a sell price 100.42, a rank of 07, and is a hold. (ETF – MTUM – stoploss 85.24)
00% Cash in IRA#01 and 80% Cash in IRA#2.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% 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:
14.14 01-25 FSPTX 167.91 STechnology
13.29 02-10 FHKCX 31.07 ChinaReqion
13.04 03-04 FBIOX 216.51 SBiotechnology Yes
12.74 04-15 FEMKX 28.88 EmergingMarkets
12.64 05-12 FNORX 54.12 Nordic
12.34 06-08 FSEAX 39.86 EmergingAsia
11.96 07-23 FOCPX 105.33 OTCPortfolio
11.32 08-05 FSMEX 46.83 SMedicalEquipment&Systems
10.93 09-02 FSAIX 81.98 SAirTransportation Yes
10.84 10-01 FSCSX 154.98 SSoftware&ITServices Yes
10.81 11-01 FPEMX 10.47 EmergingMarketsIndex – IC
10.28 12-01 FBGRX 82.88 BlueChipGrowth
10.17 13-03 FSLBX 75.64 SBrokerageandInvestmentManagement Yes
10.07 14-12 FIEUX 40.58 Europe
10.04 15-12 FDSVX 31.34 Growth Discovery Yes
10.02 16-01 FEDDX 14.24 EmergingMarketsDiscovery
9.89 17-09 FSCOX 17.76 InternationalSmallCapOpportunities
9.89 18-02 FSELX 106.64 SSemiconductors
9.85 19-01 FISMX 27.99 InternationalSmallCap
9.82 20-01 FPBFX 32.12 PacificBasin
Last week:
12.55 01-03 FBIOX 214.10 SBiotechnology
11.21 02-11 FNORX 53.08 Nordic
10.76 03-04 FSMEX 46.32 SMedicalEquipment&Systems
10.53 04-01 FSAIX 81.21 SAirTransportation Yes
10.15 05-07 FSEAX 38.83 EmergingAsia
10.12 06-24 FSPTX 160.79 STechnology
10.09 07-02 FSLBX 75.18 SBrokerageandInvestmentManagement Yes
9.89 08-01 FSELX 106.09 SSemiconductors
9.35 09-09 FHKCX 29.78 ChinaReqion
9.24 10-22 FOCPX 102.13 OTCPortfolio
9.15 11-11 FDSVX 30.92 Growth Discovery
9.06 12-14 FEMKX 27.75 EmergingMarkets
8.65 13-02 FSLEX 24.95 SEnvironmental&AltEnergy
8.57 14-01 FSRFX 96.46 STransportation Yes
8.56 15-01 FSDAX 144.69 SDefense&Aerospace
8.39 16-03 FSPHX 224.78 SHealthCare
8.33 17-11 FIEUX 39.73 Europe
8.23 18-01 FPHAX 19.30 SPharmaceuticals
7.96 18-15 FDLSX 157.76 SLeisure
7.79 20-08 FSCOX 17.33 InternationalSmallCapOpportunities
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Apr17 1m+0% 3m-3% 6m+4% 12m+3% 24m-10% 36m+13% 60m+51% 120m+4%
May17 1m+5% 3m-5% 6m+8% 12m+12% 24m-6% 36m+18% 60m+75% 120m-6%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashResrves(FDRXX)(03Jul17) from SSemiconductors(FSELX)
20% – OTCPortfolio(FOCPX)(15May17) from CashReserves(FDRXX)
20% – SLeasure(FDLSX)(08May17) from CashReserves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
20% – SComputers(FDCPX)(13Feb17) from SNaturalGas(FSNGX)
Apr17 1m-1% 3m+3% 6m+9% 12m+13% 24m+7% 36m+13% 60m+15% 120m+20%
May17 1m+4% 3m+2% 6m10% 12m+18% 24m+7% 36m+15% 60m+27% 120m+23%
Average annual return since 1/82 11%