A good week, not a buy week. The sum of all the deviations has been 563, 380, and now 481 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 78, 02, and now 05. (only 1 in the my top 20).
On the 09/06 of Macro Voices, Karin Katusa suggest uranium will be one of the best investment for the next 3 to 5 years. On the 09/13 show Charlie McElligott said “Phase one is over. The easy money has already been made.” McElligott feels October will be a good up market and as the various federal banks of the world slow up on printing money and start raising rates, the markets will quit going up for several months before the recession hits.
Earlier this week I attended an IRS Forum in Orlando on the new tax laws. The IRS may be telling you the new 1040 (no 1040EZ, 1040A) is only 2 half pages long. However there are 6 (forms 1,2,3,4,5,and 6) new forms which may be required to complete it – IRS.GOV/DRAFTFORMS. If you or friends have self employment, S corporations, or partnerships, proper planning can earn you a 20% additional deduction based on the entities earnings. Also new is the requirement to provide a stock basis report if the S corporation or partnership shows a loss.
IRA#1
SRetailing has a price of 16.64, a sell price 15.81, a rank of 01, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 67.33 a sell price 63.96, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.64, a sell price 15.81, a rank of 01, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.70, a sell price 18.82, a rank of 10, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SMedicalTechnologyandDevices has a price of 55.81, a sell price 53.02, a rank of 02, and is a hold. (ETF – XPH, ARKG)
My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My mutual fund 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:
12.56 01-44 FSRPX 16.64 SRetailing
12.49 02-08 FSMEX 55.81 SMedicalTechnologyandDevices
12.33 03-14 FSHCX 105.07 SHealthCareServices
12.09 04-36 FBSOX 67.33 SITServices
10.94 05-23 FTQGX 27.69 FocusedStock
10.17 06-14 FSPHX 26.88 SHealthCare
9.45 07-23 FOCPX 12.75 OTCPortfolio
9.19 08-02 FSRFX 107.87 STransportation
9.04 09-10 FSUIX 15.51 LargeCapGrowthIndex – Inv
8.87 10-34 FSCSX 19.70 SSoftware&ITServices
8.86 11-23 FBGRX 100.85 BlueChipGrowth
8.53 12-15 FSCPX 47.69 SConsumerDiscretionary
8.32 13-01 FDCPX 101.98 SComputers
8.32 14-05 FSDCX 40.13 SCommunicationsEquipment
8.31 15-04 FTRNX 113.56 Trend
7.95 16-03 FDSVX 37.17 Growth Discovery
7.88 17-14 FNCMX 105.61 NasdaqCompositeIndex
7.85 18-01 FSDAX 18.54 SDefense&Aerospace Yes
7.61 19-01 FCNTX 14.03 Contrafund
7.57 20-07 FLGEX 21.42 LargeCapGrowthEnhancedIndex
Last Week
13.13 01-13 FSHCX 105.13 SHealthCareServices
12.29 02-43 FSRPX 16.49 SRetailing
10.40 03-07 FSMEX 54.41 SMedicalTechnologyandDevices
10.14 04-35 FBSOX 65.74 SITServices
9.53 05-13 FSPHX 26.58 SHealthCare
9.53 06-22 FTQGX 27.18 FocusedStock
8.14 07-01 FSRFX 106.32 STransportation
7.87 08-04 FSDCX 39.79 SCommunicationsEquipment
7.87 09-09 FSUIX 15.27 LargeCapGrowthIndex – Inv
7.66 10-22 FOCPX 12.96 OTCPortfolio
7.51 11-14 FSCPX 47.03 SConsumerDiscretionary
7.48 12-22 FBGRX 102.87 BlueChipGrowth
7.19 13-04 FDSCX 30.19 StockSelectorSmallCap
7.14 14-03 FTRNX 111.84 Trend
6.89 15-13 FNCMX 104.21 NasdaqCompositeIndex
6.83 17-02 FDSVX 36.63 Growth Discovery
6.82 17-33 FSCSX 19.24 SSoftware&ITServices
6.81 18-01 FRXIX 15.84 RealEstateIndex – Inv
6.74 19-06 FLGEX 21.17 LargeCapGrowthEnhancedIndex
6.64 20-03 FSSPX 22.71 SmallCapIndex – Inv
IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(13Apr18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+40%
Average annual return since 1/82 11%