Month: June 2017

Not a good week. Last week only 2 out of the 100 funds I follow were a buy. This week not one fund is a buy. The market is up big, down big, and repeat. That is not the movement of an up trend market. We are at the end of this trend and the next trend maybe an up trend for non technology stocks, or a downtrend. The market may go up, continue flopping around, or go down. I sure do not know. Just make sure you are ready to sell if your investments drop too much. This week SSemiconductors is a sell and my corresponding ETF SMH was stopped out with a gain on Wednesday.

Weekly I get an email from StockCharts.com called Trend Check with Tusher Chande. His latest email indicates the current trend is still up in spite of some short term down trends. Also at StockCharts.com is a blog called DecisionPoint which reports some negative short term trends.

My S&P500 is in RSP (SPY EW) which has a price of 92.68, 50 day MA of 91.81, a 200 day MA of 87.74, and a 7% stop loss is 86.92. RSP has gone no where during the month of June

InestorsBusinessDaily TheBigPicture’s Market Pulse is “Uptrend Under Pressure” – not a time to invest.

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 161.26, a sell price 160.59, a rank of 03, and is a hold. ( ETF – CQQQ – current stoploss 44.34 )
IRA#2
SSemiconductors has a price of 102.35, a sell price 103.81, a rank of 40, and is a Sell. ( ETF – SMH – Stopped out 6/28 28% gain)
SComputers has a price of 84.99, a sell price 84.05, a rank of of 41, and will be sold when there is another fund to buy. (ETF – PSI – stopped out 6/12 11% gain)
SLeasure has a price of 158.19, a sell price 156.63, a rank of 13, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 102.89, a sell price 100.42, a rank of 07, and is a hold. (ETF – MTUM – stoploss 84.43)
00% Cash in IRA#01 and 80% Cash in IRA#2.

My portfolio changes this weekend:
IRA #1 – None
IRA #2 – sell SSemicondoctors

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:
12.68 01-02 FBIOX 213.04 SBiotechnology
11.50 02-10 FNORX 52.88 Nordic
11.02 03-23 FSPTX 161.26 STechnology
10.96 04-03 FSMEX 46.13 SMedicalEquipment&Systems
10.77 05-08 FHKCX 30.00 ChinaReqion
10.65 06-06 FSEAX 38.79 EmergingAsia
10.60 07-21 FOCPX 102.89 OTCPortfolio
9.56 08-13 FEMKX 27.74 EmergingMarkets
9.44 09-04 FPBFX 31.72 PacificBasin
9.31 10-07 FSCOX 17.50 InternationalSmallCapOpportunities
9.18 11-01 FSLBX 74.16 SBrokerageandInvestmentManagement
8.95 12-01 FISMX 27.50 InternationalSmallCap
8.71 13-14 FDLSX 158.19 SLeisure
8.69 14-10 FIEUX 39.68 Europe
8.65 15-02 FSPHX 224.33 SHealthCare
8.47 16-01 FOSFX 46.96 Overseas
8.44 17-09 FIGFX 12.73 InternationalGrowth
8.44 18-10 FDSVX 30.57 Growth Discovery
8.23 19-01 FSAIX 79.05 SAirTransportation
8.16 20-01 FIGRX 43.08 InternationalDiscovery
Last week:
16.55 01-01 FBIOX 218.88 SBiotechnology
15.41 02-22 FSPTX 166.66 STechnology
14.27 03-20 FOCPX 105.71 OTCPortfolio
12.54 04-02 FSMEX 46.52 SMedicalEquipment&Systems Yes
12.30 05-07 FHKCX 30.24 ChinaReqion
12.08 06-15 FSEAX 39.07 EmergingAsia
11.76 07-09 FNORX 52.68 Nordic
11.42 08-01 FSCSX 153.67 SSoftware&ITServices
11.39 09-12 FEMKX 28.06 EmergingMarkets
11.22 10-13 FDLSX 161.10 SLeisure
10.84 11-01 FBGRX 82.16 BlueChipGrowth
10.75 12-03 FPBFX 31.94 PacificBasin
10.74 13-09 FDSVX 31.08 Growth Discovery
10.55 14-01 FPHAX 19.55 SPharmaceuticals
10.47 15-06 FSCOX 17.60 InternationalSmallCapOpportunities
10.46 16-01 FSPHX 227.03 SHealthCare Yes
10.24 17-08 FSELX 105.53 SSemiconductors
9.79 18-09 FIEUX 39.90 Europe
9.70 19-01 FCNTX 115.99 Contrafund
9.69 20-08 FIGFX 12.82 InternationalGrowth

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Apr17 1m+0% 3m-3% 6m+4% 12m+3% 24m-10% 36m+13% 60m+51% 120m+4%
May17 1m+5% 3m-5% 6m+8% 12m+12% 24m-6% 36m+18% 60m+75% 120m-6%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashResrves(FDRXX)(03Jul17) from SSemiconductors(FSELX)
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)
Apr17 1m-1% 3m+3% 6m+9% 12m+13% 24m+7% 36m+13% 60m+15% 120m+20%
May17 1m+4% 3m+2% 6m10% 12m+18% 24m+7% 36m+15% 60m+27% 120m+23%
Average annual return since 1/82 11%

So this was a good week after a couple of not so good weeks. I am ready to buy something except for the last check I use. The sum of all the deviations of all the funds I follow is not up for last two weeks.

There are two funds I would buy if I was buying: SMedicalEquipment&Systems and SHealthCare. These are the only two funds of the 100 I follow which are a buy. My guess is the companies and investors in those funds are confident the new health care bill passing or not will make them money, perhaps the know some inside information. Or perhaps they know the lobbyists have purchased enough representatives. I wrote one of my senators this week. I pointed out that in the 6+ years he has been in office the national debt has gone up 46% which I identified as one of his failures.

In January 2000, AOL (the tech giant at that time) decided to buy Time Warner. AOL’s goal use technology to make Time Warner a more profitable business. Within a year after that merger, the market croaked. This last week Amazon purchased Whole Foods. Maybe trying to use online purchased to make Whole Foods a more profitable business. Not that the two mergers and the market decline have anything in common, but…

My S&P500 is in RSP (SPY EW) which has a price of 92.68, 50 day MA of 91.53, a 200 day MA of 87.46, and a 7% stop loss is 86.92

InestorsBusinessDaily TheBigPicture’s Market Pulse is “Confirmed Uptrend” – time to invest.

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 166.66, a sell price 160.59, a rank of 02, and is a hold. ( ETF – CQQQ – current stoploss 44.23) 
IRA#2
SSemiconductors has a price of 105.53, a sell price 103.81, a rank of 17, and is a hold. ( ETF – SMH – current stoploss 82.83)
SComputers has a price of 86.21, a sell price 84.05, a rank of of 33, and will be sold when there is another fund to buy. (ETF – PSI – sold)
SLeasure has a price of 161.10, a sell price 156.63, a rank of 10, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 102.74, a sell price 100.42, a rank of 03, and is a hold. (ETF – MTUM – stoploss 84.43)
00% Cash in IRA#01 and IRA#2.
PSI was sold when the stoploss price was hit. I ended up with a gain of 11% and the current price is lower than my sell price, so for now it looks like it was a good idea to sell.

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:
16.55 01-01 FBIOX 218.88 SBiotechnology
15.41 02-22 FSPTX 166.66 STechnology
14.27 03-20 FOCPX 105.71 OTCPortfolio
12.54 04-02 FSMEX 46.52 SMedicalEquipment&Systems Yes
12.30 05-07 FHKCX 30.24 ChinaReqion
12.08 06-15 FSEAX 39.07 EmergingAsia
11.76 07-09 FNORX 52.68 Nordic
11.42 08-01 FSCSX 153.67 SSoftware&ITServices
11.39 09-12 FEMKX 28.06 EmergingMarkets
11.22 10-13 FDLSX 161.10 SLeisure
10.84 11-01 FBGRX 82.16 BlueChipGrowth
10.75 12-03 FPBFX 31.94 PacificBasin
10.74 13-09 FDSVX 31.08 Growth Discovery
10.55 14-01 FPHAX 19.55 SPharmaceuticals
10.47 15-06 FSCOX 17.60 InternationalSmallCapOpportunities
10.46 16-01 FSPHX 227.03 SHealthCare Yes
10.24 17-08 FSELX 105.53 SSemiconductors
9.79 18-09 FIEUX 39.90 Europe
9.70 19-01 FCNTX 115.99 Contrafund
9.69 20-08 FIGFX 12.82 InternationalGrowth
Last week:
13.23 01-21 FSPTX 162.18 STechnology
12.18 02-08 FNORX 52.55 Nordic
11.90 03-19 FOCPX 102.74 OTCPortfolio
11.67 04-12 FDLSX 160.80 SLeisure
11.08 05-05 FSCOX 17.60 InternationalSmallCapOpportunities
10.83 06-01 FSMEX 45.51 SMedicalEquipment&Systems
10.78 07-14 FSEAX 38.37 EmergingAsia
10.58 08-11 FEMKX 27.69 EmergingMarkets
10.06 09-08 FIEUX 39.79 Europe
10.05 10-02 FPBFX 31.56 PacificBasin
10.00 11-06 FHKCX 29.43 ChinaReqion
10.00 12-07 FIGFX 12.79 InternationalGrowth
9.89 13-01 FSLEX 24.89 SEnvironmental&AltEnergy
9.85 14-08 FOSFX 47.12 Overseas
9.72 15-01 FIVFX 19.49 InternationalCapApp
9.69 16-07 FSELX 104.43 SSemiconductors
9.65 17-01 FISMX 27.41 InternationalSmallCap
9.47 18-08 FDSVX 30.55 Growth Discovery
9.34 19-01 FIGRX 43.16 InternationalDiscovery
9.25 20-01 FSLBX 73.54 SBrokerageandInvestmentManagement Yes

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Apr17 1m+0% 3m-3% 6m+4% 12m+3% 24m-10% 36m+13% 60m+51% 120m+4%
May17 1m+5% 3m-5% 6m+8% 12m+12% 24m-6% 36m+18% 60m+75% 120m-6%
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)
Apr17 1m-1% 3m+3% 6m+9% 12m+13% 24m+7% 36m+13% 60m+15% 120m+20%
May17 1m+4% 3m+2% 6m10% 12m+18% 24m+7% 36m+15% 60m+27% 120m+23%
Average annual return since 1/82 11%

Not a good week, sort of a not so bad week. I am surprised that none of the funds showed a requirement to sell. SComputers closed the week $0.01 over its sell price. Ever fund I own showed a price decline for the last week. Two of the ETFs I own were automatically sold when the price dipped intraday on Monday.

Returns for May IRA#1 5%, IRA#2 4%, QQQ 4%, SPY/RSP 1%, DWTR 0%.
For the last 3 months, IRA#1 -2%, IRA#2 2%, QQQ 9%, SPY/RSP 1%, DWTR -5%
For the last 6 months, IRA#1 8%, IRA#2 10%, QQQ 20%, SPY/RSP 7%, DWTR -3%
For the last 12 months, IRA#1 16%, IRA#2 18%, QQQ 23%, SPY/RSP 9%, DWTR -6%
May portfolio changes:
IRA#1 – Purchased FSPTX on 05/01 – Invested 100% in FSPTX
IRA#2 – Purchased FSPTX on 05/01, FDLSX on 05/08 – Invested 20% in FSELX, FDCPX, FSPTX, FSLSX, and in cash
QQQ – None – Invested 100% in QQQ
SPY/RSP – None – Invested 100% in RSP
DWTR – None – Invested 100% in cash

My S&P500 is in RSP (SPY EW) which has a price of 92.88, 50 day MA of 91.28, a 200 day MA of 87.22, and a 7% stop loss is 86.71

InestorsBusinessDaily TheBigPicture’s Market Pulse is “Uptrend under pressure” – NOT a time to invest.

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 162.18, a sell price 160.59, a rank of 01, and is a hold. ( ETF – CQQQ – current stoploss 43.96 )
IRA#2
SSemiconductors has a price of 104.43, a sell price 103.81, a rank of 16, and is a hold. ( ETF – SMH – current stoploss 82.83)
SComputers has a price of 84.06, a sell price 84.05, a rank of of 54, and will be sold when there is another fund to buy. (ETF – PSI – sold)
SLeasure has a price of 160.80, a sell price 156.63, a rank of 04, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 102.74, a sell price 99.67, a rank of 03, and is a hold. (ETF – MTUM – stoploss 84.05)
00% Cash in IRA#01 and IRA#2.
PSI was sold when the stoploss price was hit. I ended up with a gain of 11% and the current price is lower than my sell price, so for now it looks like it was a good idea to sell.

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:
13.23 01-21 FSPTX 162.18 STechnology
12.18 02-08 FNORX 52.55 Nordic
11.90 03-19 FOCPX 102.74 OTCPortfolio
11.67 04-12 FDLSX 160.80 SLeisure
11.08 05-05 FSCOX 17.60 InternationalSmallCapOpportunities
10.83 06-01 FSMEX 45.51 SMedicalEquipment&Systems
10.78 07-14 FSEAX 38.37 EmergingAsia
10.58 08-11 FEMKX 27.69 EmergingMarkets
10.06 09-08 FIEUX 39.79 Europe
10.05 10-02 FPBFX 31.56 PacificBasin
10.00 11-06 FHKCX 29.43 ChinaReqion
10.00 12-07 FIGFX 12.79 InternationalGrowth
9.89 13-01 FSLEX 24.89 SEnvironmental&AltEnergy
9.85 14-08 FOSFX 47.12 Overseas
9.72 15-01 FIVFX 19.49 InternationalCapApp
9.69 16-07 FSELX 104.43 SSemiconductors
9.65 17-01 FISMX 27.41 InternationalSmallCap
9.47 18-08 FDSVX 30.55 Growth Discovery
9.34 19-01 FIGRX 43.16 InternationalDiscovery
9.25 20-01 FSLBX 73.54 SBrokerageandInvestmentManagement Yes
Last week:
18.84 01-20 FSPTX 169.04 STechnology Yes
15.36 02-06 FSELX 109.27 SSemiconductors Yes
14.99 03-18 FOCPX 104.92 OTCPortfolio Yes
13.47 04-11 FDLSX 162.38 SLeisure
13.44 05-05 FHKCX 30.19 ChinaReqion
12.89 06-13 FSEAX 38.88 EmergingAsia Yes
12.73 07-08 FSCSX 153.79 SSoftware&ITServices
12.62 08-11 FBGRX 82.61 BlueChipGrowth
12.53 09-10 FEMKX 28.02 EmergingMarkets Yes
12.31 10-04 FSCOX 17.69 InternationalSmallCapOpportunities
12.13 11-07 FNORX 52.19 Nordic
11.65 12-01 FPBFX 31.85 PacificBasin Yes
11.63 13-07 FDSVX 31.00 Growth Discovery
11.41 14-03 FCNTX 116.65 Contrafund
11.03 15-01 FNCMX 83.31 NasdaqCompositeIndex
10.93 16-06 FIGFX 12.83 InternationalGrowth
10.84 17-21 FDCPX 87.48 SComputers
10.71 18-01 FSDIX 16.36 StrategicDividend&Income Yes
10.71 19-07 FOSFX 47.24 Overseas
10.62 20-07 FIEUX 39.78 Europe

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Apr17 1m+0% 3m-3% 6m+4% 12m+3% 24m-10% 36m+13% 60m+51% 120m+4%
May17 1m+5% 3m-5% 6m+8% 12m+12% 24m-6% 36m+18% 60m+75% 120m-6%
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)
Apr17 1m-1% 3m+3% 6m+9% 12m+13% 24m+7% 36m+13% 60m+15% 120m+20%
May17 1m+4% 3m+2% 6m10% 12m+18% 24m+7% 36m+15% 60m+27% 120m+23%
Average annual return since 1/82 11%

It was an interesting week, generally up, except while the DJIA was up on Friday, the NASDAQ took a hit. Since most of my investments are more correlated to the NASDAQ most were down on Friday. Nothing passed a sell price, but remember, most summers are poor markets – “sell in May and go away.”

My S&P500 is in RSP (SPY EW) which has a price of 92.88, 50 day MA of 91.32, a 200 day MA of 87.28, and a 7% stop loss is 86.50. Over the last 3 months SPY, the capitalization weighted S&P500 index ETF, has done about 30% better than RSP, the equal weighted index S&P500 index ETF, which indicates the big market leaders are holding the index up, while the smaller stock are not doing as well. It was reported this week that three of the stocks in the Dow Jones Industrial Average are producing half the gain that 30 stock index has had this year. It is not a good sign when the average stock is not doing as well as the higher capitalization stocks.

InestorsBusinessDaily TheBigPicture’s Market Pulse is “Uptrend under pressure” – NOT a time to invest. Computer chip makers took some of the biggest hits Friday, but IBD goes on to point out it happened before on 01Dec, 21Mar, and 28Apr and each time the group resumed its rise.

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 169.04, a sell price 160.59, a rank of 01, and is a hold. ( ETF – CQQQ – current stoploss 43.96 )
IRA#2
SSemiconductors has a price of 109.27, a sell price 103.81, a rank of 02, and is a hold. ( ETF – SMH – current stoploss 82.83)
SComputers has a price of 87.48, a sell price 84.05, a rank of of 17, and is a hold (ETF – PSI – current stoploss 44.24)
SLeasure has a price of 162.38, a sell price 156.63, a rank of 04, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 104.92, a sell price 99.67, a rank of 03, and is a hold. (ETF – MTUM – stoploss 84.05)
00% Cash in IRA#01 and IRA#2.

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:
18.84 01-20 FSPTX 169.04 STechnology Yes
15.36 02-06 FSELX 109.27 SSemiconductors Yes
14.99 03-18 FOCPX 104.92 OTCPortfolio Yes
13.47 04-11 FDLSX 162.38 SLeisure
13.44 05-05 FHKCX 30.19 ChinaReqion
12.89 06-13 FSEAX 38.88 EmergingAsia Yes
12.73 07-08 FSCSX 153.79 SSoftware&ITServices
12.62 08-11 FBGRX 82.61 BlueChipGrowth
12.53 09-10 FEMKX 28.02 EmergingMarkets Yes
12.31 10-04 FSCOX 17.69 InternationalSmallCapOpportunities
12.13 11-07 FNORX 52.19 Nordic
11.65 12-01 FPBFX 31.85 PacificBasin Yes
11.63 13-07 FDSVX 31.00 Growth Discovery
11.41 14-03 FCNTX 116.65 Contrafund
11.03 15-01 FNCMX 83.31 NasdaqCompositeIndex
10.93 16-06 FIGFX 12.83 InternationalGrowth
10.84 17-21 FDCPX 87.48 SComputers
10.71 18-01 FSDIX 16.36 StrategicDividend&Income Yes
10.71 19-07 FOSFX 47.24 Overseas
10.62 20-07 FIEUX 39.78 Europe
Last week:
18.39 01-19 FSPTX 166.72 STechnology Yes
16.03 02-10 FDLSX 164.87 SLeisure Yes
15.01 03-06 FNORX 53.19 Nordic Yes
14.85 04-17 FOCPX 103.97 OTCPortfolio Yes
14.68 05-05 FSELX 107.75 SSemiconductors Yes
13.32 06-07 FSCSX 153.56 SSoftware&ITServices Yes
13.25 07-06 FIEUX 40.50 Europe Yes
13.17 08-03 FSCOX 17.71 InternationalSmallCapOpportunities Yes
12.74 09-20 FDCPX 88.47 SComputers Yes
12.72 10-10 FBGRX 82.13 BlueChipGrowth Yes
12.58 11-06 FDSVX 31.07 Growth Discovery Yes
12.37 12-06 FOSFX 47.68 Overseas Yes
12.26 13-05 FIGFX 12.91 InternationalGrowth Yes
12.11 14-12 FSEAX 38.35 EmergingAsia Yes
11.94 15-09 FEMKX 27.69 EmergingMarkets Yes
11.82 16-04 FHKCX 29.55 ChinaReqion
11.79 17-05 FWRLX 9.92 SWireless Yes
11.77 18-05 FIGRX 43.66 InternationalDiscovery Yes
11.69 19-02 FCNTX 116.24 Contrafund Yes
11.46 20-03 FIVFX 19.59 InternationalCapApp 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%

I am excessively late in producing this report. I had to go up to Orlando to help Mickey run the World. It is the rainy season in Orlando and the heavy rains started both Friday and Saturday nights about 7PM.

Driving home Sunday I listened to the 06/01 MacroVoices podcast. Their feeling is that the market will go much higher, which makes no logical sense since the market is very over valued. However, this is what a late stage bull market looks like – a lot of hysteria. This is the beginning of a blow off top. One of the other items I learned was that the oil the US produces cannot be refined in the US because it is extremely light crude oil and none of US refineries can refine it. It has to be mixed with heavy crude oil from somewhere before it can be refined. The guest points out that we are in an oil glut for a couple of years and since we are discovering less and less new oil each year, when the glut ends, the price of oil will significantly increase and negatively impact all world economies.

If you have not registered (free) with MacroVoices.com you should. Their weekly report is fantastic and you do not even have to listen to their podcast.

My S&P500 is in RSP (SPY EW) which has a price of 93.01, 50 day MA of 91.06, a 200 day MA of 87.05, and a 7% stop loss is 86.50. 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 “Confirmed Uptrend” – Time to invest. Except I am almost fully invested with little cash left to buy anything.

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 166.72, a sell price 158.38, a rank of 01, and is a hold. ( ETF – CQQQ – current stoploss 43.11 )
IRA#2
SSemiconductors has a price of 107.75, a sell price 102.36, a rank of 05, and is a hold. ( ETF – SMH – current stoploss 80.74)
SComputers has a price of 88.47, a sell price 84.05, a rank of of 09, and is a hold (ETF – PSI – current stoploss 42.61)
SLeasure has a price of 164.87, a sell price 156.63, a rank of 02, and is a hold. (ETF – IBUY – stoploss not allowed)
OTCPortfolio has a price of 103.97, a sell price 98.77, a rank of 04, and is a hold. (ETF – MTUM – stoploss 83.63)
00% Cash in IRA#01 and IRA#2.

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:
18.39 01-19 FSPTX 166.72 STechnology Yes
16.03 02-10 FDLSX 164.87 SLeisure Yes
15.01 03-06 FNORX 53.19 Nordic Yes
14.85 04-17 FOCPX 103.97 OTCPortfolio Yes
14.68 05-05 FSELX 107.75 SSemiconductors Yes
13.32 06-07 FSCSX 153.56 SSoftware&ITServices Yes
13.25 07-06 FIEUX 40.50 Europe Yes
13.17 08-03 FSCOX 17.71 InternationalSmallCapOpportunities Yes
12.74 09-20 FDCPX 88.47 SComputers Yes
12.72 10-10 FBGRX 82.13 BlueChipGrowth Yes
12.58 11-06 FDSVX 31.07 Growth Discovery Yes
12.37 12-06 FOSFX 47.68 Overseas Yes
12.26 13-05 FIGFX 12.91 InternationalGrowth Yes
12.11 14-12 FSEAX 38.35 EmergingAsia Yes
11.94 15-09 FEMKX 27.69 EmergingMarkets Yes
11.82 16-04 FHKCX 29.55 ChinaReqion
11.79 17-05 FWRLX 9.92 SWireless Yes
11.77 18-05 FIGRX 43.66 InternationalDiscovery Yes
11.69 19-02 FCNTX 116.24 Contrafund Yes
11.46 20-03 FIVFX 19.59 InternationalCapApp Yes
Last week:
17.64 01-18 FSPTX 164.06 STechnology
13.73 02-16 FOCPX 102.15 OTCPortfolio
13.69 03-04 FSELX 106.00 SSemiconductors Yes
13.52 04-09 FDLSX 159.95 SLeisure
12.85 05-05 FNORX 51.78 Nordic
12.75 06-06 FSCSX 151.71 SSoftware&ITServices
12.73 07-19 FDCPX 87.87 SComputers
12.68 08-03 FHKCX 29.59 ChinaReqion Yes
11.99 09-05 FIEUX 39.77 Europe Yes
11.96 10-09 FBGRX 81.03 BlueChipGrowth
11.90 11-05 FDSVX 30.68 Growth Discovery
11.86 12-11 FSEAX 38.02 EmergingAsia
11.64 13-05 FOSFX 47.06 Overseas Yes
11.59 14-08 FEMKX 27.43 EmergingMarkets
11.51 15-02 FSCOX 17.33 InternationalSmallCapOpportunities Yes
11.07 16-04 FIGFX 12.69 InternationalGrowth Yes
11.07 17-01 FCNTX 114.88 Contrafund
11.01 18-04 FWRLX 9.79 SWireless
10.82 19-04 FIGRX 43.02 InternationalDiscovery Yes
10.25 20-02 FIVFX 19.26 InternationalCapApp 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%