Not a good week, not a buy week. The sum of all the deviations has been -213, -106, and now -221 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 02, 82, and now 05.
The inclusion of a bond fund (#15) in my top 20 funds is a sign all other funds are not doing well.
The market has been up between midterm elections and year end for the last 18 midterm elections. The period from November through April is the best 6 months in the year. Additionally, the year following the midterm elections is generally an up year.
The IRS offers webinars of various topics which I watch to get the CPE credits and sometimes learn something. One I thought was interesting was on the Virtual Currency. The recording of that webinar is availabe at https://www.irsvideos.gov/Individual/Resources/UnderstandingBasicsVirtualCurrency There are somewhere near 2000 virtual currencies. Bitcoin was priced at about 19K last December and now is about 5K. I had a small gain in GBTC – Bitcoin Investment Trust – earlier in the year. The SEC is still considering the applications for an ETF which would own a couple of virtual currencies.
An interesting story on savings and retirement from CNBC – https://www.cnbc.com/2018/11/09/couple-who-retired-early-with-over-1-million-living-their-best-lives.html
SHealthCareServices has a price of 104.82, a sell price 99.58, a rank of 01, and is a hold. (ETF – IHF, XLV)
So I purchased FSHCX at the Monday close and am down 1.42% for the week. The two ETFs showed a net 1.46% loss. Not much difference between ETF and mutual fund performance. Not the best weeks I’ve had.
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 – 20% 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:
7.37 01-23 FSHCX 104.82 SHealthCareServices
5.25 02-06 FLATX 22.55 LatinAmerica
4.22 03-04 FSRNX 15.67 RealEstateIndex
3.08 04-02 FRESX 42.07 RealEstateInvestment Yes
2.97 05-07 FSUTX 88.31 SUtilities
2.77 06-06 FIUIX 27.04 TelecomandUtilities
2.51 07-07 FSTCX 58.88 STelecommunications
2.45 08-17 FSMEX 52.09 SMedicalTechnologyandDevices
2.43 09-06 FBMPX 78.11 SMultimedia
2.41 10-06 FRIFX 11.79 RealEstateIncome
2.23 11-05 FDFAX 81.61 SConsumerStaples
2.02 12-05 FPHAX 20.78 SPharmaceuticals
1.59 13-05 FDGFX 28.80 DividendGrowth
1.59 14-05 FEXPX 20.35 Export&Multinational
1.17 15-01 FCONX 10.03 ConservativeIncomeBond
1.08 16-23 FSPHX 25.13 SHealthCare
1.01 17-01 FDLSX 15.73 SLeisure Yes
0.75 18-01 FEMEX 9.24 EmergingEuropeMiddleEastAfrica(EMEA)
0.42 19-01 FSRFX 99.89 STransportation Yes
0.41 20-01 FITLX 11.71 U.S.SustainabliityIndex
Last Week
10.35 01-22 FSHCX 107.32 SHealthCareServices Yes
4.59 02-06 FSUTX 89.56 SUtilities Yes
4.38 03-16 FSMEX 53.00 SMedicalTechnologyandDevices Yes
4.31 04-03 FSRNX 15.65 RealEstateIndex Yes
3.72 05-05 FIUIX 27.25 TelecomandUtilities Yes
3.67 06-05 FBMPX 78.95 SMultimedia Yes
3.55 07-22 FSPHX 25.73 SHealthCare Yes
3.31 08-04 FPHAX 21.02 SPharmaceuticals Yes
3.23 09-04 FDFAX 82.31 SConsumerStaples Yes
2.98 10-01 FRESX 41.96 RealEstateInvestment Yes
2.80 11-05 FRIFX 11.82 RealEstateIncome Yes
2.77 12-04 FEXPX 20.57 Export&Multinational Yes
2.77 13-04 FDGFX 29.11 DividendGrowth Yes
2.73 14-02 FSRPX 15.48 SRetailing Yes
2.64 15-05 FLATX 21.93 LatinAmerica
2.46 16-02 FSDCX 38.42 SCommunicationsEquipment Yes
2.24 17-01 FTQGX 25.96 FocusedStock Yes
2.09 18-06 FSTCX 58.56 STelecommunications
1.92 19-01 FSPCX 67.14 SInsurance Yes
1.87 20-01 FLCEX 15.63 LargeCapCoreEnhancedIndex Yes
IRA#1 is currently invested in:
100% – SHealthCareServices(FSHCX)(12Nov18) from Cash(15Oct18)
Sep18 1m+1% 3m+6% 6m+6% 12m+12% 24m+23% 36m+51% 60m+50% 120m+10%
Aug18 1m+6% 3m+1% 6m+4% 12m+12% 24m+22% 36m+49% 60m+57% 120m+9%
Average annual return since 1/82 12%
IRA#2 is currently invested in:
20% – SHealthCareServices(FSHCX)(12Nov18) from Cash(15Oct18)
20% – Cash(29Oct18) from STransportation(FSRFX)(24Sep18)
20% – Cash(15Oct18) from SMedicalTechnologyandDevices(FSMEX)(04Sep18)
20% – Cash(15Oct18) from SSoftware&ITServices(FSCSX)(16Jul18)
20% – Cash(15Oct18) from SRetailing(FSRPX)(16Jul18)
Sep18 1m+1% 3m+5% 6m+5% 12m+8% 24m+18% 36m+26% 60m+27% 120m+46%
Aug18 1m+4% 3m+4% 6m+4% 12m+7% 24m+18% 36m+25% 60m+29% 120m+44%
Average annual return since 1/82 11%