A good week, a buy week. The sum of all the deviations has been 611, 642, and now 684 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 68, 58, and now 30.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 5% above its 50 day moving average,
IWM (Russell 2000 ETF) is 2% above its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
A time to buy – Sum of all deviations is up 2 weeks in a row.
I listen to a podcast by Tracey Ryniec from Zacks.com. For several weeks she has been suggesting we should sign up for the $1 for 30 days promotion at
zacks.com/promo. The promo covers 20 Zacks portfolios. I am sure after the $1 month each portfolio costs. But for $1 for 30 days it is worth looking to see if something seems to be the type of portfolio you would like.
IRA#1
SSemiconductors has a price of 12.20, a sell price 11.59, a rank of 01, and is a hold. (ETF – XSD, SMH)
IRA#2
SSemiconductors has a price of 12.20, a sell price 11.59, a rank of 01, and is a hold. (ETF – XSD, SMH)
SConstructionandHousing has a price of 65.54, a sell price 62.26, a rank of 06, and is a hold. (ETF – ITB, PKB)
SWireless has a price of 11.02, a sell price 10.49, a rank of 07, and is a hold. (ETF – IYZ, XTL)
SAutomotive has a price of 37.49, a sell price 35.68, a rank of 04, and is a hold. (ETF – RGI, EXI)
LatinAmerica has a price of 27.59, a sell price 26.21, a rank of 34, and is a hold for now. (ETF – EWW, GXG)
LatinAmerica cannot be sold until 12/04 without getting restrictions on future buying and a lecture.
My investment 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 – 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).
%Dev Rnk SYMB Price Name 2 UP?
19.77 01-22 FSELX 12.20 SSemiconductors NO
13.37 02-11 FDCPX 82.90 SComputers YES
12.83 03-05 FEXPX 21.58 Export&Multinational NO
12.73 04-05 FSAVX 37.49 SAutomotive NO
12.49 05-39 FSPTX 19.20 STechnology YES
11.44 06-32 FSHOX 65.54 SConstructionandHousing NO
11.04 07-14 FWRLX 11.03 SWireless NO
10.62 08-05 FGRIX 41.55 Growth&Income NO
10.12 09-02 FSDAX 19.43 SDefense&Aerospace YES
9.93 10-03 FDGFX 30.66 DividendGrowth NO
9.91 11-01 FSJCX 98.79 SHealthCareServices YES
9.82 12-03 FLCSX 33.65 LargeCapStock NO
9.56 13-05 FSRBX 28.12 SBanking NO
9.00 14-01 FSLBX 79.86 SBrokerage&InvestmentManagement YES
8.85 15-02 FIDSX 11.06 SFinancialServices NO
8.42 16-01 FOCPX 12.25 OTCPortfolio YES
8.40 17-07 FHKCX 36.88 ChinaRegion NO
8.33 18-02 FDVLX 11.10 Value NO
8.29 19-02 FSCSX 19.70 SSoftware&ITServices YES
8.10 20-02 FSAIX 80.94 SAirTransportation NO
Last Week
20.93 01-21 FSELX 12.19 SSemiconductors YES
13.70 02-04 FSAVX 37.56 SAutomotive YES
13.55 03-04 FEXPX 21.57 Export&Multinational YES
11.84 04-10 FDCPX 81.20 SComputers YES
11.79 05-13 FWRLX 11.04 SWireless YES
11.57 06-06 FHKCX 37.79 ChinaRegion YES
11.29 07-04 FSRBX 28.42 SBanking YES
11.11 08-38 FSPTX 18.84 STechnology YES
10.82 09-04 FGRIX 41.39 Growth&Income YES
10.51 10-02 FDGFX 30.66 DividendGrowth YES
10.03 11-02 FLCSX 33.54 LargeCapStock YES
9.89 12-31 FSHOX 64.24 SConstructionandHousing NO
9.45 13-01 FIDSX 11.07 SFinancialServices YES
9.26 14-05 FISVX 21.04 SmallCapValueIndex YES
8.92 15-01 FSMVX 23.24 MidCapValueIndex YES
8.84 16-03 FSEAX 46.22 EmergingAsia YES
8.58 17-02 FPBFX 33.34 PacificBasin YES
8.42 18-01 FDVLX 11.06 Value YES
8.39 19-01 FSAIX 80.81 SAirTransportation YES
7.80 20-01 FSDAX 18.92 SDefense&Aerospace YES
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – SSemiconductors(16Sep19) from SGold(FSAGX)(17Jun19))
Sep19 1m-2 3m+1% 6m+1% 12m-8% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – LatinAmerica(FLATX)(04Nov19) from SDefense&Aerospace(FSDAX)(25Feb19)
20% – SAutomotive(FSAVX)(28Oct19) from Cash(16Sep19)
20% – SWireless(FWRLX)(21Oct19) from Cash(26Aug19)
20% – SConstructionandHousing(FSHOX)(16Sep19) from Cash(26Aug19)
20% – SSemiconductors(09Sep19) from Cash(19Aug19)
Sep19 1m-11% 3m+1% 6m+0% 12m-14% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%