A not so good week, just not bad enough to sell. The sum of all the deviations has been 799, 731, and now 712.
The number of funds I rate as buy over the last 3 weeks has been 22, 13, and now 09.
Two weeks ago thought I had input the wrong data, using the Thursday close instead of Friday. Last week I very carefully made sure the Fidelity reported numbers had the correct date. They had the correct date, but the wrong data. One of my email readers reported he called Fidelity to point out the error. Seems they are slow updating the Friday numbers and do not seem at all concerned about the complete lack of accuracy of their data. I have corrected the last week numbers in this report. Not much change and no buy or sell changes.
Tonight I called Fidelity since Yahoo had the correct numbers for Fidelity funds but Fidelity did not. I had created a watch list at Fidelity and all the numbers were correct, so I updated my numbers. However the Fidelity lists on their web site for all Fidelity funds are Thursday’s numbers even though the date says today. She said she would report it.
This is an intereting seminar from Investors Business Daily – https://www.investors.com/ibd-videos/?cvid=2661266&src=A012GE5
My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 97.47, a 50 day MA of 96.07, and a 200 day MA of 92.46.
The ETFs for S&P500 (capializationWeighted) index is SPY, and for the Nasdaq 100 (ModifiedCapitalizationWeighted) index is QQQ. Over the last year RSP is up 11%, SPY is up 14%, QQQ is up 23% RSP generally does better than SPY but not when 5 or 10 stocks are pulling up the whole index. QQQ is one of the ETFs available in the Florida retirement system – in the Florida retirement system you can have your funds in a defined benefit plan (like the ones blowing up in many states) or a defined contribution plan (you control the investments). I know some who are invested in QQQ for their Florida retirement plan and watching it closely. Some companies are advanced enough to even allow ETFs in their 401ks (but not HRBlock).
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 193.84, a sell price 184.15, a rank of 03, and is a hold. (ETF – CQQQ)
IRA#2
SSemiconductors has a price of 126.82, a sell price 120.48, a rank of of 01, and is a hold. (ETF – PSI)
ChinaRegion has a price of 36.28, a sell price 34.47, a rank of 02, and is a hold. (ETF – CXSE)
EmergingMarketsIndex – IC has a price of 11.39, a sell price 10.82, and a rank of 11, and is a hold. (ETF – EEMO)
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My 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:
18.39 01-08 FSELX 126.82 SSemiconductors
16.92 02-28 FHKCX 36.28 ChinaReqion Yes
15.76 03-43 FSPTX 193.84 STechnology Yes
13.87 04-26 FSEAX 44.93 EmergingAsia
13.45 05-03 FDCPX 98.78 SComputers
12.53 06-06 FPBFX 36.22 PacificBasin
11.60 07-05 FSCSX 171.43 SSoftware&ITServices
11.57 08-07 FBSOX 54.91 SITServices Yes
11.53 09-20 FPEMX 11.39 EmergingMarketsIndex – IC
11.37 10-03 FEMKX 32.14 EmergingMarkets
10.84 11-01 FSRPX 128.75 SRetailing
10.63 12-10 FSCHX 183.09 SChemicals
10.55 13-04 FTQGX 23.88 FocusedStock
10.44 14-05 FOCPX 109.35 OTCPortfolio Yes
10.02 15-02 FBGRX 88.28 BlueChipGrowth Yes
9.93 16-03 FJPNX 15.33 Japan
9.79 17-30 FDSVX 33.13 Growth Discovery
9.37 18-01 FSUIX 13.10 LargeCapGrowthIndex – IC
9.37 19-02 FLGEX 18.89 LargeCapGrowthEnhancedIndex
9.15 20-17 FSDAX 163.08 SDefense&Aerospace
Last week corrected
18.91 01-07 FSELX 126.14 SSemiconductors Yes
16.70 02-27 FHKCX 35.89 ChinaReqion Yes
15.62 03-42 FSPTX 192.00 STechnology Yes
14.33 04-25 FSEAX 44.78 EmergingAsia
14.11 05-02 FDCPX 98.65 SComputers Yes
12.62 06-05 FPBFX 36.01 PacificBasin Yes
12.22 07-04 FSCSX 171.33 SSoftware&ITServices
11.54 08-06 FBSOX 54.56 SITServices
11.13 09-19 FPEMX 11.28 EmergingMarketsIndex – IC
10.73 10-16 FSDAX 164.65 SDefense&Aerospace
10.70 11-09 FSCHX 182.18 SChemicals
10.57 12-01 FSENX 43.08 SEnergy Yes
10.54 13-04 FOCPX 108.85 OTCPortfolio
10.53 14-02 FFGCX 12.76 GlobalCommodityStock
10.37 15-02 FJPNX 15.31 Japan Yes
10.27 16-02 FEMKX 31.63 EmergingMarkets
10.20 17-01 FBGRX 87.96 BlueChipGrowth Yes
10.15 18-03 FTQGX 23.66 FocusedStock
9.89 19-29 FDSVX 32.99 Growth Discovery
9.93 20-03 FTQGX 23.61 FocusedStock
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Average annual return since 1/82 11%