Not a good week. Not a really bad week. After the loss on Wednesday, I figured it was going to be down more on Thursday and Friday. It was not. Nothing I own fell below its sell line or stoploss.
Returns for April IRA#1 0%, IRA#2 -1%, QQQ 3%, SPY/RSP 1%, DWTR 0%
For the last 3 months, IRA#1 -3%, IRA#2 3%, QQQ 9%, SPY/RSP 4%, DWTR -4%
For the last 6 months, IRA#1 4%, IRA#2 9%, QQQ 16%, SPY/RSP 12%, DWTR -2%
For the last 12 months, IRA#1 3%, IRA#2 13%, QQQ 24%, SPY/RSP -5%, DWTR 6%
April portfolio changes:
IRA#1 – None, Invested 100% in cash
IRA#2 – Sold FBIOX on 04/11 – Invested 20% in FSELX, 20% in FDCPX 60% in cash
QQQ – None – Invested 100% in QQQ
SPY/RSP – None – Invested 100% in RSP
DWTR – None – Invested 100% in cash
A quick review of the numbers for the 1, 3, 6, & 12 months indicate QQQ is my best investment. QQQ is an ETF which owns the largest 100 stocks on the NASDAQ. The portfolio assets contains Apple 12%, Microsoft 8%, Amazon 7%, Facebook 5%, Alphabet 5%, etc. The portfolio is updated daily at www.invesco.com/portal/site/us/financial-professional/etfs/product-detail?productId=QQQ. An investment last July when the price of QQQ moved above the 50 day moving and the 200 day moving average would have gained 25% as of today. Fidelity has a similar fund, Nasdaq Composite index – FNCMX – would be up 22%. The 3% difference are the fees.
My S&P500 is in RSP (SPY EW) which has a price of 90.97, 50 day MA of 90.80, a 200 day MA of 86.64 and a 7% stop loss is 85.81. This is not an investment to buy and hold but then there are no investments to buy and hold. The general rule of thumb is: consider selling when an investment falls below its 50 week average and make sure you own nothing selling below both its 50 and 200 day moving average.
InestorsBusinessDaily TheBigPicture’s Market Pulse is “Uptrend under pressure” as of 17May. Not a time to invest.
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 160.45, a sell price 152.43, a rank of 01, and is a hold. ( ETF – CQQQ – current stoploss 42.78 )
00% Cash
IRA#2
SSemiconductors has a price of 103.23, a sell price 98.07, a rank of 09, and is a hold. ( ETF – SMH – current stoploss 78.84)
SComputers has a price of 86.72, a sell price 83.54, a rank of of 04, and is a hold (ETF – PSI- current stoploss 41.90)
SLeasure has a price of 156.81, a sell price 148.97, a rank of 03, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 100.23, a sell price 95.22, a rank of 02, and is a hold. (ETF – MTUM – stoploss 80.77)
00% Cash
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 – 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).
This week:
16.13 01-17 FSPTX 160.45 STechnology
12.41 02-15 FOCPX 100.23 OTCPortfolio
12.09 03-08 FDLSX 156.81 SLeisure
12.00 04-18 FDCPX 86.72 SComputers
11.97 05-04 FIEUX 39.51 Europe
11.82 06-02 FHKCX 29.17 ChinaReqion Yes
11.70 07-10 FSEAX 37.73 EmergingAsia
11.67 08-04 FNORX 50.89 Nordic
11.53 09-03 FSELX 103.23 SSemiconductors Yes
11.42 10-04 FOSFX 46.68 Overseas
11.01 11-07 FEMKX 27.12 EmergingMarkets
10.83 12-01 FSCOX 17.12 InternationalSmallCapOpportunities
10.81 13-03 FIGRX 42.77 InternationalDiscovery
10.76 14-08 FBGRX 79.66 BlueChipGrowth
10.75 15-03 FIGFX 12.58 InternationalGrowth
10.35 16-05 FSCSX 147.49 SSoftware&ITServices
10.29 17-03 FWRLX 9.67 SWireless
10.15 18-04 FDSVX 30.01 Growth Discovery
9.77 19-01 FISMX 26.85 InternationalSmallCap
9.58 20-01 FIVFX 19.04 InternationalCapApp
Last week:
17.12 01-16 FSPTX 160.45 STechnology Yes
14.30 02-17 FDCPX 87.94 SComputers Yes
13.99 03-01 FLATX 23.67 LatinAmerica
13.36 04-14 FOCPX 100.42 OTCPortfolio Yes
12.51 05-03 FNORX 50.96 Nordic
12.21 06-07 FDLSX 155.97 SLeisure
12.06 07-06 FEMKX 27.22 EmergingMarkets Yes
11.98 08-09 FSEAX 37.59 EmergingAsia Yes
11.95 09-07 FBGRX 80.06 BlueChipGrowth Yes
11.62 10-03 FIEUX 39.14 Europe
11.24 11-04 FSCSX 147.87 SSoftware&ITServices
11.10 12-02 FSELX 102.21 SSemiconductors Yes
11.09 13-01 FHKCX 28.80 ChinaReqion
10.77 14-03 FOSFX 46.13 Overseas
10.70 15-03 FDSVX 30.00 Growth Discovery
10.46 16-01 FEDDX 13.71 EmergingMarketsDiscovery Yes
10.32 17-02 FWRLX 9.62 SWireless
10.23 18-02 FIGFX 12.45 InternationalGrowth
10.14 19-02 FIGRX 42.27 InternationalDiscovery
10.11 20-02 FCNTX 112.67 Contrafund Yes
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Mar17 1m-4% 3m-3% 6m-4% 12m+27% 24m-11% 36m+13% 60m+41% 120m+3%
Apr17 1m+0% 3m-3% 6m+4% 12m+3% 24m-10% 36m+13% 60m+51% 120m+4%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – OTCPortfolio(FOCPX)(15May17) from CashReserves(FDRXX)
20% – SLeasure(FDLSX)(08May17) from CashReserves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
20% – SComputers(FDCPX)(13Feb17) from SNaturalGas(FSNGX)
20% – SSemiconductors(FSELX)(08Aug16) from CashReserves(FDRXX)
Mar17 1m-1% 3m+4% 6m+4% 12m+18% 24m+7% 36m+13% 60m+12% 120m+29%
Apr17 1m-1% 3m+3% 6m+9% 12m+13% 24m+7% 36m+13% 60m+15% 120m+20%
Average annual return since 1/82 11%