A good week, a buy week. The sum of all the deviations has been 288, 349, and now 400 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 05, 26, and now 60.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 1% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 1% above its 50 day moving average,
IWM (Russell 2000 ETF) is 1% 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.
Gary Kaltbaum has an 6pm radio show and on his Friday show indicates the growth stocks which led the market up until about 3 months ago are in a bear market. He also commented that it would be difficult for the remaining stocks to continue up without the growth stocks.
IRA#1
SSemiconductors has a price of 10.85, a sell price 10.31, a rank of 02, and is a hold. (ETF – XSD, SMH)
IRA#2
SDefense&Aerospace has a price of 18.02 a sell price 17.78, a rank of 46, and is a hold for now. (ETF – ITA, XAR)
SSemiconductors has a price of 10.85, a sell price 10.55, a rank of 02, and is a hold. (ETF – XSD, SMH)
SConstructionandHousing has a price of 64.65, a sell price 61.42, a rank of 01, and is a hold. (ETF – ITB, PKB)
SWireless has a price of 10.70, a sell price TBD, a rank of 03, and is a Buy. (ETF – IYZ, XTL)
My investment changes this weekend:
IRA #1 – none
IRA #2 – Invest 20% in SWireless
My mutual fund 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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
12.65 01-28 FSHOX 64.65 SConstructionandHousing NO
10.74 02-18 FSELX 10.85 SSemiconductors YES
10.20 03-10 FWRLX 10.70 SWireless YES
8.75 04-06 FRESX 47.44 RealEstateInvestment NO
7.91 05-10 FIUIX 29.09 Telecom&Utilities NO
7.78 06-07 FDCPX 77.01 SComputers NO
7.55 07-05 FSRNX 17.57 RealEstateIndex NO
7.32 08-21 FSAGX 22.31 SGold NO
7.17 09-10 FSUTX 96.20 SUtilities NO
6.92 10-01 FSAVX 34.66 SAutomotive NO
6.60 11-02 FEXPX 19.90 Export&Multinational YES
6.37 12-03 FHKCX 35.50 ChinaRegion YES
6.32 13-05 FLATX 26.99 LatinAmerica YES
6.29 14-02 FISVX 20.19 SmallCapValueIndex YES
6.22 15-35 FSPTX 17.73 STechnology YES
6.01 16-01 FDEGX 48.83 Growth Strategies YES
6.01 17-02 FSRPX 16.56 SRetailing NO
5.67 18-02 FPBFX 32.06 PacificBasin NO
5.44 19-01 FSRBX 26.54 SBanking NO
5.41 20-01 FGRIX 38.83 Growth&Income NO
Last Week
11.27 01-17 FSELX 10.84 SSemiconductors YES
11.08 02-27 FSHOX 63.33 SConstructionandHousing NO
9.45 03-09 FWRLX 10.57 SWireless YES
8.12 04-20 FSAGX 22.39 SGold NO
7.84 05-09 FIUIX 28.95 Telecom&Utilities NO
7.84 06-09 FSUTX 96.43 SUtilities NO
7.66 07-34 FSPTX 17.91 STechnology YES
7.64 08-05 FRESX 46.74 RealEstateInvestment NO
7.52 09-06 FDCPX 76.51 SComputers NO
6.81 10-02 FHKCX 35.53 ChinaRegion YES
6.75 11-04 FSRNX 17.37 RealEstateIndex NO
6.17 12-04 FNBGX 14.62 Long-TermTreasuryBondIndex NO
6.07 13-10 FSDAX 18.40 SDefense&Aerospace NO
5.69 14-03 FLATX 26.74 LatinAmerica YES
5.68 15-02 FRIFX 12.64 RealEstateIncome NO
5.13 16-01 FSRPX 16.37 SRetailing NO
5.06 17-01 FPBFX 31.78 PacificBasin NO
4.98 18-01 FEXPX 19.53 Export&Multinational YES
4.96 19-01 FISVX 19.87 SmallCapValueIndex YES
4.94 20-04 FCBFX 12.07 CorporateBond NO
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% – SWireless(FWRLX)(21Oct19) form Cash(26Aug19)
20% – SConstructionandHousing(FSHOX)(16Sep19) from Cash(26Aug19)
20% – Cash(16Sep19) from SGold(FSAGX)(17Jun19))
20% – SSemiconductors(09Sep19) from Cash(19Aug19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
Sep19 1m-11% 3m+1% 6m+0% 12m-14% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%