A good week but not more than a bounce from the lows. The sum of all the deviations has been 851, 297, and now 717.
The number of funds I rate as a buy over the last 3 weeks has been 00, 00, and now 00.
The Feb15 podcast from MicroVision features a discussion of what happens next. The feeling seems to be this month has been a just a tremor and an indications of things to come. One commentator suggested it was a Bear Stearns moment when in 2007 a couple of their hedge funds failed. The year following the Bear Sterns moment, Bear Sterns failed and did Lehman Brothers and we were into the great recession. About an hour into the podcast they talk about charts which are available at www.macrovices.com. All the charts say we are in a bounce with lower prices coming – if the future market moves follows the past market moves..
IRA#1
Cash
IRA#2
SRetailing has a price of 142.93, a sell price 141.45, a rank of 03, and is a hold. (ETF – RTH – stopped out)
SBrokerageandInvestmentManagement has a price of 84.39, a sell price 84.05, a rank of 17, and is a hold. (ETF – CHIX – stopped out)
EmergingEuropeMiddleEastAfrica has a price of 11.15, a sell price 10.59, a rank of 02, and is a hold. (ETF – EMQQ – stopped out)
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 – 00% 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).
This week:
116.46 01-06 FSDAX 184.80 SDefense&Aerospace
14.99 02-09 FEMEX 11.15 EmergingEuropeMiddleEastAfrica
14.72 03-14 FSRPX 142.93 SRetailing
13.14 04-02 FTRNX 106.60 Trend
12.29 05-02 FSDCX 39.14 SCommunicationsEquipment
12.07 06-06 FBSOX 58.42 SITServices
11.58 07-04 FSCSX 177.01 SSoftware&ITServices
11.44 08-10 FHKCX 37.66 ChinaReqion
11.31 09-03 FSPTX 191.43 STechnology
10.81 10-06 FSCPX 44.07 SConsumerDiscretionary
10.42 11-08 FPEMX 11.95 EmergingMarketsIndex – InvC
10.34 12-07 FTQGX 24.15 FocusedStock
9.97 13-01 FOCPX 116.36 OTCPortfolio
9.97 14-04 FCNTX 128.12 Contrafund
9.94 15-01 FEMKX 33.98 EmergingMarkets
9.90 16-04 FBGRX 92.72 BlueChipGrowth
9.78 17-12 FSLBX 84.39 SBrokerageandInvestmentManagement
9.75 18-03 FSVLX 16.65 SConsumerFinance
9.31 19-01 FCPGX 26.13 SmallCapGrowth
9.23 20-02 FLGEX 19.65 LargeCapGrowthEnhancedIndex
Last week
11.34 01-13 FSRPX 137.65 SRetailing
9.62 02-05 FSDAX 172.45 SDefense&Aerospace
7.79 03-08 FEMEX 10.37 EmergingEuropeMiddleEastAfrica
7.41 04-05 FBSOX 55.64 SITServices
6.79 05-05 FSCPX 42.23 SConsumerDiscretionary
6.78 06-03 FSCSX 168.36 SSoftware&ITServices
6.27 07-01 FSDCX 36.80 SCommunicationsEquipment
5.80 08-03 FSCOX 19.29 InternationalSmallCapOpportunities
5.43 09-02 FSPTX 180.23 STechnology
5.40 10-03 FCNTX 122.16 Contrafund
5.34 11-06 FTQGX 22.93 FocusedStock
5.20 12-11 FSLBX 80.45 SBrokerageandInvestmentManagement
4.97 13-03 FBGRX 88.10 BlueChipGrowth
4.94 14-09 FHKCX 35.25 ChinaReqion
4.90 15-07 FPEMX 11.29 EmergingMarketsIndex – InvC
4.88 16-02 FSVLX 15.83 SConsumerFinance
4.78 17-02 FJSCX 18.58 JapanSmallerCompanies
4.71 18-01 FSUIX 13.32 LargeCapGrowthIndex – IC
4.62 19-01 FLGEX 18.73 LargeCapGrowthEnhancedIndex
4.59 20-01 FTRNX 97.86 Trend
IRA#1 is currently invested in:
100% – CashReserves(FDRXX)(12Feb18) from SSemiconductors(FSELX)(26Dec17)
Dec17 1m-1% 3m+7% 6m+18% 12m+18% 24m+46% 36m+28% 60m+92% 120m-5%
Nov17 1m+0% 3m+9% 6m+16% 12m+26% 24m+45% 36m+32% 60m+97% 120m-8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(12Feb18) from EmergingMarketsIndex – InvC(FPEMX)(24Jul17)
20% – CashReserves(FDRXX)(12Feb18) from SSemiconductors(FSELX)(26Dec17)
20% – EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18) from CashReserves(FDRXX)
20% – SBrokerageandInvestmentManagement(FSLBX)(22Jan18) from CashReserves(FDRXX)
20% – SRetailing(FSRPX)(16Jan18) from CashReserves(FDRXX)
Dec17 1m-0% 3m+4% 6m+7% 12m+13% 24m+23% 36m+22% 60m+35% 120m+41%
Nov17 1m+1% 3m+4% 6m+5% 12m+16% 24m+21% 36m+23% 60m+35% 120m+33%
Average annual return since 1/82 11%