Not a bad week, not a good week, just an ok week. The sum of all the deviations has been 472, 583, and now 547 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 24, 47, and now 30.
Time to sit back and see what happens next.
There is an interesting podcast, Odd Lots, and on their 14May podcast they discussed the problems with setting up a bitcoin ETF. Currently the only bitcoin “like” ETF is GBTC. The IRS had an interesting webinar this week on cryptocurrency. One of the ideas I found interesting was by using bitcoin mining computers, students at various colleges are mining in their dorm room. Seems the electricity is free and when you mine a bitcoin it is worth about 8k.
Each week I receive a couple of email from Weiss Rating. In their weekly summary the first article was titled “Housing Madness? It’s BBAAACCKKKKK…” where they point out the housing “prices have now topped the 2006 Bubble-Era peak by around 8%.”
IRA#1
SEnergy has a price of 46.29, a sell price 47.48, a rank of 42, and is a sell. (ETF – IEO, PXI – both stopped out)
IRA#2
SEnergy has a price of 46.29, a sell price 47.48, a rank of 42, and is a sell. (ETF – IEO, PXI – both stopped out)
SITServices has a price of 62.54, a sell price 59.41, a rank of 07, and is a hold. (ETF – XWEB, XITK)
SRetailing has a price of 15.69, a sell price 14.91, a rank of 01, and is a hold. (ETF – XRT, PEZ)
It was a bad week in energy. Oil and the oil related stocks took a hit and thus SEnergy declined before its sell price.
My mutual fund portfolio changes this weekend:
IRA #1 – Sell SEnergy
IRA #2 – Sell SEnergy
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 00% invested
IRA #2 – 40% 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:
14.63 01-30 FSRPX 15.43 SRetailing Yes
13.05 02-06 FSELX 12.08 SSemiconductors Yes
11.80 03-20 FCPGX 28.74 SmallCapGrowth Yes
11.63 04-21 FBSOX 61.85 SITServices Yes
11.62 05-20 FSCSX 18.72 SSoftware&ITServices Yes
11.47 06-09 FBGRX 100.01 BlueChipGrowth Yes
11.16 07-19 FSPTX 185.94 STechnology Yes
11.14 08-06 FOCPX 12.53 OTCPortfolio Yes
10.24 09-09 FTQGX 25.70 FocusedStock Yes
9.94 10-09 FSENX 48.04 SEnergy
9.57 11-01 FSCPX 45.27 SConsumerDiscretionary Yes
9.30 12-04 FSSPX 22.10 SmallCapIndex – IC
9.26 13-04 FCPEX 14.87 SmallCapEnhancedIndex Yes
9.24 14-03 FNCMX 100.67 NasdaqCompositeIndex Yes
9.23 15-04 FSDAX 181.00 SDefense&Aerospace Yes
9.14 16-02 FDSVX 36.57 Growth Discovery Yes
9.12 17-07 FDCAX 39.01 CapitalAppreciation Yes
8.99 18-02 FSUIX 14.60 LargeCapGrowthIndex – Inv Yes
8.80 19-08 FCNTX 134.10 Contrafund Yes
8.76 20-02 FTRNX 107.93 Trend Yes
Last Week
14.63 01-30 FSRPX 15.43 SRetailing Yes
13.05 02-06 FSELX 12.08 SSemiconductors Yes
11.80 03-20 FCPGX 28.74 SmallCapGrowth Yes
11.63 04-21 FBSOX 61.85 SITServices Yes
11.62 05-20 FSCSX 18.72 SSoftware&ITServices Yes
11.47 06-09 FBGRX 100.01 BlueChipGrowth Yes
11.16 07-19 FSPTX 185.94 STechnology Yes
11.14 08-06 FOCPX 12.53 OTCPortfolio Yes
10.24 09-09 FTQGX 25.70 FocusedStock Yes
9.94 10-09 FSENX 48.04 SEnergy
9.57 11-01 FSCPX 45.27 SConsumerDiscretionary Yes
9.30 12-04 FSSPX 22.10 SmallCapIndex – IC
9.26 13-04 FCPEX 14.87 SmallCapEnhancedIndex Yes
9.24 14-03 FNCMX 100.67 NasdaqCompositeIndex Yes
9.23 15-04 FSDAX 181.00 SDefense&Aerospace Yes
9.14 16-02 FDSVX 36.57 Growth Discovery Yes
9.12 17-07 FDCAX 39.01 CapitalAppreciation Yes
8.99 18-02 FSUIX 14.60 LargeCapGrowthIndex – Inv Yes
8.80 19-08 FCNTX 134.10 Contrafund Yes
8.76 20-02 FTRNX 107.93 Trend Yes
IRA#1 is currently invested in:
100% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(23Apr18)
Apr18 1m+1% 3m-5% 6m-0% 12m+21% 24m+25% 36m+9% 60m+43% 120m+7%
Mar18 1m+0% 3m-1% 6m+6% 12m+21% 24m+53% 36m+7% 60m+64% 120m+11%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(23Apr18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
Apr18 1m+0% 3m-4% 6m-0% 12m+7% 24m+22% 36m+15% 60m+24% 120m+36%
Mar18 1m-0% 3m-1% 6m+2% 12m+7% 24m+26% 36m+14% 60m+23% 120m+38%
Average annual return since 1/82 11%