So I was wandering through www.fidelity.com looking for it to give me some short term performance on Fidelity funds. However, Fidelity’s short term is one year (not counting year to date which is not a fixed time frame). Fidelity has 262 Fidelity funds open to new investors. When you sort them down by the one year return through 6/30/13 it says you should have invested in Select Automotive Portfolio back on 6/30/12 and you would be up 47.01% Nothing like hindsight. However if you are looking for some sort of longer term analysis try this link which I’ve sorted by 1 year return. While I am always happy when the market is going up and I am fully invested, my obvious concern is what next. Paul B. Farrell is a writer for www.marketwatch.com. His 17Jul13 commentary is titled “Critical Warning No. 17: Dow 5,000, crash of 65%”. You can read it here. I read a couple of the other 17 he lists in the article and felt the one by Stockman was very interesting.
When you get depressed by all of Farrell’s commentary, you may enjoy a commentary by another Marketwatch writer – Jennifer Waters. You can read it here.
The sum of the deviations (577,921,997) is up for the last two weeks – time to invest.
The DJ Wilshire 5000 index is above its 50 day moving average and the average is increasing time to invest. Both trends are up – time to buy. However, I am fully invested so have will buy nothing.
My current investments:
SAirTransportation has a price of $50.96, a sell price of $48.41, a relative rank of 09, and is a hold.
SAutomotive has a price of $51.46, a sell price $48.89, a relative rank of 02, and is a hold.
SBrokerage&InvestmentMgnt has a price of $64.29, a sell price $61.08, a relative rank of 11 and is a hold.
SBiotechnology has a price of $164.28, a sell price 156.07, a relative rank of 03 and is hold.
JapanSmallerCompanies has a price of 13.42. a sell price 12.75, a relative rank of 01 and hold.
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