Month: September 2018

Not a good week, not a buy week. The sum of all the deviations has been 481, 531, and now 453 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 05, 54, and now 04. (1 in the my top 20).
Not a time to buy any fund and I am 100% invested in Fidelity funds anyway.

Aug returns for IRA#1 +6%, IRA#2 +4%, QQQ +6%, TQQQ +18%
For the last 3 months, IRA#1 +2%, IRA#2 +4%, QQQ +10%, TQQQ +29%
For the last 6 months, IRA#1 +5%, IRA#2 +4%, QQQ +11%, TQQQ +33%
For the last 12 months, IRA#1 +12%, IRA#2 +7%, QQQ 21%,
portfolio changes:
IRA#1 – 100% invested – Invested in SRetailing(FSRPX)
IRA#2 – 60% invested – Invested in SITServices(FBSOX), SRetailing(FSRPX), SSoftware&ITServices(FSCSX)
QQQ – 100% invested – QQQ
TQQQ – 100% invested – TQQQ
The TQQQ portfolio was started in Feb18 thus no 12 months return yet (but they should be about 3X the QQQ portfolio).

Each week Tom McClellan sends out a free chart of the week. This week the chart show Hindenburgs and provided an interesting discussion of this indicator. The chart notes that we have had 10 Hindenburgs the last couple of months which last happened in 2006. https://www.mcoscillator.com/learning_center/weekly_chart/

I think Dr Pippa Malmgren is a fantastic and in this interview covers many things including how she thinks the economy will improve for several more years, the digital prison China uses to control its citizens, etc. “Dr Pippa Malmgren on Trump, Social Credit, AI & Virtual Reality” https://www.youtube.com/watch?v=zXYwAuLsGa4

IRA#1
SRetailing has a price of 16.78, a sell price 15.94, a rank of 03, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 67.35 a sell price 64.10, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.78, a sell price 15.94, a rank of 03, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.85, a sell price 18.85, a rank of 09, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SMedicalTechnologyandDevices has a price of 56.66, a sell price 53.83, a rank of 02, and is a hold. (ETF – XPH, ARKG)
STransportation has a price of 106.84, a sell price 101.50, a rank of 20, and is a hold. (ETF – IYT, XTN)

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

My mutual fund 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:
13.20 01-16 FSHCX 107.35 SHealthCareServices Yes
12.74 02-10 FSMEX 56.66 SMedicalTechnologyandDevices
12.09 03-46 FSRPX 16.78 SRetailing
10.80 04-38 FBSOX 67.35 SITServices
10.70 05-25 FTQGX 27.93 FocusedStock
10.63 06-16 FSPHX 27.28 SHealthCare
8.84 07-25 FBGRX 101.74 BlueChipGrowth
8.76 08-25 FOCPX 12.78 OTCPortfolio
8.73 09-36 FSCSX 19.85 SSoftware&ITServices
8.69 10-12 FSUIX 15.60 LargeCapGrowthIndex – Inv
8.54 11-03 FSDAX 18.83 SDefense&Aerospace
8.47 12-04 FDCPX 102.99 SComputers
8.35 13-07 FSDCX 40.51 SCommunicationsEquipment
8.28 14-17 FSCPX 48.00 SConsumerDiscretionary
8.11 15-06 FTRNX 114.28 Trend
7.52 16-01 FNCMX 106.08 NasdaqCompositeIndex
7.45 17-01 FDSVX 37.29 Growth Discovery
7.44 18-01 FLGEX 21.56 LargeCapGrowthEnhancedIndex
7.26 19-01 FCNTX 14.09 Contrafund
7.20 20-01 FSRFX 106.84 STransportation
Last Week
12.87 01-15 FSHCX 106.29 SHealthCareServices
11.80 02-45 FSRPX 16.63 SRetailing
11.74 03-09 FSMEX 55.78 SMedicalTechnologyandDevices
11.64 04-37 FBSOX 67.47 SITServices
9.81 05-24 FTQGX 27.55 FocusedStock
9.54 06-15 FSPHX 26.86 SHealthCare
9.38 07-03 FSRFX 108.59 STransportation Yes
8.89 08-06 FSDCX 40.53 SCommunicationsEquipment Yes
8.80 09-02 FSDAX 18.79 SDefense&Aerospace Yes
8.49 10-11 FSUIX 15.50 LargeCapGrowthIndex – Inv
8.40 11-01 FSAIX 85.32 SAirTransportation Yes
8.21 12-16 FSCPX 47.76 SConsumerDiscretionary
8.17 13-01 FSPCX 71.11 SInsurance Yes
8.13 14-35 FSCSX 19.65 SSoftware&ITServices
8.10 15-24 FBGRX 100.58 BlueChipGrowth
7.89 16-01 FCYIX 37.84 SIndustrials Yes
7.81 17-24 FOCPX 12.61 OTCPortfolio
7.66 18-01 FSTCX 60.98 STelecommunications Yes
7.56 19-03 FDCPX 101.67 SComputers
7.36 20-05 FTRNX 113.00 Trend

IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Aug18 1m+6% 3m+1% 6m+4% 12m+12% 24m+22% 36m+49% 60m+57% 120m+9%
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – STransportation(FSRFX)(24Sep18) from CashReserves(FDRXX)(02Apr18)
20% – SMedicalTechnologyandDevices(FSMEX)(04Sep18) from CashReserves(FDRXX)(02Apr18)
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
Aug18 1m+4% 3m+4% 6m+4% 12m+7% 24m+18% 36m+25% 60m+29% 120m+44%
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Average annual return since 1/82 11%

A good week, a buy week. The sum of all the deviations has been 380, 481, and now 531 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 02, 05, and now 54. (8 in the my top 20).
Time to buy STransportation. This is my highest rated buy fund

Macrovoices.com has interesting guest interviews and at the end of the interviews the hosts produce their view of the market and a couple of interesting charts. On the  20Sep show at the end of the interview (65 minutes into the podcast or online) the discussion was about their lastest charts – https://www.macrovoices.com/guest-content/list-guest-publications/2145-bigpicturetrading-chart-book-september-20/file . Their view of the potential future market movements is not wonderful.

IRA#1
SRetailing has a price of 16.63, a sell price 15.81, a rank of 02, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 67.47 a sell price 64.10, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.63, a sell price 15.81, a rank of 02, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.65, a sell price 18.82, a rank of 14, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SMedicalTechnologyandDevices has a price of 55.78, a sell price 53.02, a rank of 03, and is a hold. (ETF – XPH, ARKG)
STransportation has a price of 108.29, a sell price TBD, a rank of 07, and is a buy. (ETF – IYT, XTN)

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – Invest 20% in STransportation

My mutual fund 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:
12.87 01-15 FSHCX 106.29 SHealthCareServices
11.80 02-45 FSRPX 16.63 SRetailing
11.74 03-09 FSMEX 55.78 SMedicalTechnologyandDevices
11.64 04-37 FBSOX 67.47 SITServices
9.81 05-24 FTQGX 27.55 FocusedStock
9.54 06-15 FSPHX 26.86 SHealthCare
9.38 07-03 FSRFX 108.59 STransportation Yes
8.89 08-06 FSDCX 40.53 SCommunicationsEquipment Yes
8.80 09-02 FSDAX 18.79 SDefense&Aerospace Yes
8.49 10-11 FSUIX 15.50 LargeCapGrowthIndex – Inv
8.40 11-01 FSAIX 85.32 SAirTransportation Yes
8.21 12-16 FSCPX 47.76 SConsumerDiscretionary
8.17 13-01 FSPCX 71.11 SInsurance Yes
8.13 14-35 FSCSX 19.65 SSoftware&ITServices
8.10 15-24 FBGRX 100.58 BlueChipGrowth
7.89 16-01 FCYIX 37.84 SIndustrials Yes
7.81 17-24 FOCPX 12.61 OTCPortfolio
7.66 18-01 FSTCX 60.98 STelecommunications Yes
7.56 19-03 FDCPX 101.67 SComputers
7.36 20-05 FTRNX 113.00 Trend
Last Week
12.56 01-44 FSRPX 16.64 SRetailing
12.49 02-08 FSMEX 55.81 SMedicalTechnologyandDevices
12.33 03-14 FSHCX 105.07 SHealthCareServices
12.09 04-36 FBSOX 67.33 SITServices
10.94 05-23 FTQGX 27.69 FocusedStock
10.17 06-14 FSPHX 26.88 SHealthCare
9.45 07-23 FOCPX 12.75 OTCPortfolio
9.19 08-02 FSRFX 107.87 STransportation
9.04 09-10 FSUIX 15.51 LargeCapGrowthIndex – Inv
8.87 10-34 FSCSX 19.70 SSoftware&ITServices
8.86 11-23 FBGRX 100.85 BlueChipGrowth
8.53 12-15 FSCPX 47.69 SConsumerDiscretionary
8.32 13-01 FDCPX 101.98 SComputers
8.32 14-05 FSDCX 40.13 SCommunicationsEquipment
8.31 15-04 FTRNX 113.56 Trend
7.95 16-03 FDSVX 37.17 Growth Discovery
7.88 17-14 FNCMX 105.61 NasdaqCompositeIndex
7.85 18-01 FSDAX 18.54 SDefense&Aerospace Yes
7.61 19-01 FCNTX 14.03 Contrafund
7.57 20-07 FLGEX 21.42 LargeCapGrowthEnhancedIndex

IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – STransportation(FSRFX)(24Sep18) from CashReserves(FDRXX)(02Apr18)
20% – SMedicalTechnologyandDevices(FSMEX)(04Sep18) from CashReserves(FDRXX)(02Apr18)
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+40%
Average annual return since 1/82 11%

A good week, not a buy week. The sum of all the deviations has been 563, 380, and now 481 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 78, 02, and now 05. (only 1 in the my top 20).

On the 09/06 of Macro Voices, Karin Katusa suggest uranium will be one of the best investment for the next 3 to 5 years. On the 09/13 show Charlie McElligott said “Phase one is over. The easy money has already been made.” McElligott feels October will be a good up market and as the various federal banks of the world slow up on printing money and start raising rates, the markets will quit going up for several months before the recession hits.

Earlier this week I attended an IRS Forum in Orlando on the new tax laws. The IRS may be telling you the new 1040 (no 1040EZ, 1040A) is only 2 half pages long. However there are 6 (forms 1,2,3,4,5,and 6) new forms which may be required to complete it – IRS.GOV/DRAFTFORMS. If you or friends have self employment, S corporations, or partnerships, proper planning can earn you a 20% additional deduction based on the entities earnings. Also new is the requirement to provide a stock basis report if the S corporation or partnership shows a loss.

IRA#1
SRetailing has a price of 16.64, a sell price 15.81, a rank of 01, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 67.33 a sell price 63.96, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.64, a sell price 15.81, a rank of 01, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.70, a sell price 18.82, a rank of 10, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SMedicalTechnologyandDevices has a price of 55.81, a sell price 53.02, a rank of 02, and is a hold. (ETF – XPH, ARKG)

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

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).
This week:
12.56 01-44 FSRPX 16.64 SRetailing
12.49 02-08 FSMEX 55.81 SMedicalTechnologyandDevices
12.33 03-14 FSHCX 105.07 SHealthCareServices
12.09 04-36 FBSOX 67.33 SITServices
10.94 05-23 FTQGX 27.69 FocusedStock
10.17 06-14 FSPHX 26.88 SHealthCare
9.45 07-23 FOCPX 12.75 OTCPortfolio
9.19 08-02 FSRFX 107.87 STransportation
9.04 09-10 FSUIX 15.51 LargeCapGrowthIndex – Inv
8.87 10-34 FSCSX 19.70 SSoftware&ITServices
8.86 11-23 FBGRX 100.85 BlueChipGrowth
8.53 12-15 FSCPX 47.69 SConsumerDiscretionary
8.32 13-01 FDCPX 101.98 SComputers
8.32 14-05 FSDCX 40.13 SCommunicationsEquipment
8.31 15-04 FTRNX 113.56 Trend
7.95 16-03 FDSVX 37.17 Growth Discovery
7.88 17-14 FNCMX 105.61 NasdaqCompositeIndex
7.85 18-01 FSDAX 18.54 SDefense&Aerospace Yes
7.61 19-01 FCNTX 14.03 Contrafund
7.57 20-07 FLGEX 21.42 LargeCapGrowthEnhancedIndex
Last Week
13.13 01-13 FSHCX 105.13 SHealthCareServices
12.29 02-43 FSRPX 16.49 SRetailing
10.40 03-07 FSMEX 54.41 SMedicalTechnologyandDevices
10.14 04-35 FBSOX 65.74 SITServices
9.53 05-13 FSPHX 26.58 SHealthCare
9.53 06-22 FTQGX 27.18 FocusedStock
8.14 07-01 FSRFX 106.32 STransportation
7.87 08-04 FSDCX 39.79 SCommunicationsEquipment
7.87 09-09 FSUIX 15.27 LargeCapGrowthIndex – Inv
7.66 10-22 FOCPX 12.96 OTCPortfolio
7.51 11-14 FSCPX 47.03 SConsumerDiscretionary
7.48 12-22 FBGRX 102.87 BlueChipGrowth
7.19 13-04 FDSCX 30.19 StockSelectorSmallCap
7.14 14-03 FTRNX 111.84 Trend
6.89 15-13 FNCMX 104.21 NasdaqCompositeIndex
6.83 17-02 FDSVX 36.63 Growth Discovery
6.82 17-33 FSCSX 19.24 SSoftware&ITServices
6.81 18-01 FRXIX 15.84 RealEstateIndex – Inv
6.74 19-06 FLGEX 21.17 LargeCapGrowthEnhancedIndex
6.64 20-03 FSSPX 22.71 SmallCapIndex – Inv

IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(13Apr18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+40%
Average annual return since 1/82 11%

Not a good week, not a buy week. The sum of all the deviations has been 509, 563, and now 380 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 37, 78, and now 02 (none in the my top 20).

Over the last month, foreign stock markets are taking a hit. The IShares ETFs all start with EW so the first 10 are EWA,EWC,EWD,EWG,EWH,EWI,EWJ,EWK,EWL,and EWM. Not one of those ten are up since August 07. Only two out of the next ten, – EWN,EWO,EWP,EWQ,EWS,EWT,EWU,EWW,EWY,EWZ, – are up. EWT – Taiwan – is up 0.32% and EWV – South Korea – is up 0.75%. In a world of falling stock prices, how long can the US market continue up?

In addition to the error I made in last week’s report, I received some emails on a couple of other items. My IRA#2 by the end of July was 60% invested, not the 40% I reported. The reason I did not suggest a purchase of HealthCareServices is that its deviation had not been up two weeks in a row. This may be an indicating it is peaking. In this case it was not since HealthCareServices is up more this week.

IRA#1
SRetailing has a price of 16.49, a sell price 15.78, a rank of 02, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 65.74 a sell price 63.60, a rank of 04, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.49, a sell price 15.78, a rank of 02, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.24, a sell price 18.82, a rank of 17, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SMedicalTechnologyandDevices has a price of 54.41, a sell price 51.69, a rank of 03, and is a hold. (ETF – XPH, ARKG)

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

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).
This week:
13.13 01-13 FSHCX 105.13 SHealthCareServices
12.29 02-43 FSRPX 16.49 SRetailing
10.40 03-07 FSMEX 54.41 SMedicalTechnologyandDevices
10.14 04-35 FBSOX 65.74 SITServices
9.53 05-13 FSPHX 26.58 SHealthCare
9.53 06-22 FTQGX 27.18 FocusedStock
8.14 07-01 FSRFX 106.32 STransportation
7.87 08-04 FSDCX 39.79 SCommunicationsEquipment
7.87 09-09 FSUIX 15.27 LargeCapGrowthIndex – Inv
7.66 10-22 FOCPX 12.96 OTCPortfolio
7.51 11-14 FSCPX 47.03 SConsumerDiscretionary
7.48 12-22 FBGRX 102.87 BlueChipGrowth
7.19 13-04 FDSCX 30.19 StockSelectorSmallCap
7.14 14-03 FTRNX 111.84 Trend
6.89 15-13 FNCMX 104.21 NasdaqCompositeIndex
6.83 17-02 FDSVX 36.63 Growth Discovery
6.82 17-33 FSCSX 19.24 SSoftware&ITServices
6.81 18-01 FRXIX 15.84 RealEstateIndex – Inv
6.74 19-06 FLGEX 21.17 LargeCapGrowthEnhancedIndex
6.64 20-03 FSSPX 22.71 SmallCapIndex – Inv
Last Week
13.85 01-42 FSRPX 16.61 SRetailing Yes
13.58 02-12 FSHCX 104.82 SHealthCareServices
12.77 03-34 FBSOX 66.95 SITServices Yes
12.47 04-32 FCPGX 30.82 SmallCapGrowth Yes
12.05 05-06 FSMEX 54.92 SMedicalTechnologyandDevices Yes
11.86 06-12 FSPHX 27.01 SHealthCare Yes
11.21 07-21 FTQGX 27.46 FocusedStock Yes
11.10 08-21 FOCPX 13.32 OTCPortfolio Yes
10.74 09-21 FBGRX 105.58 BlueChipGrowth Yes
10.66 10-05 FDCPX 103.37 SComputers Yes
10.55 11-03 FSDCX 40.61 SCommunicationsEquipment Yes
10.39 12-32 FSCSX 19.81 SSoftware&ITServices Yes
10.09 13-12 FNCMX 106.94 NasdaqCompositeIndex Yes
10.09 14-08 FSUIX 15.52 LargeCapGrowthIndex – Inv Yes
9.65 15-02 FTRNX 114.03 Trend Yes
9.54 16-13 FSCPX 47.73 SConsumerDiscretionary Yes
9.29 17-01 FDSVX 37.34 Growth Discovery Yes
9.19 18-05 FLGEX 21.58 LargeCapGrowthEnhancedIndex Yes
8.74 19-03 FDSCX 30.51 StockSelectorSmallCap
8.71 20-02 FSSPX 23.07 SmallCapIndex – Inv Yes

IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(13Apr18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+40%
Average annual return since 1/82 11%

***** I made an error in this report by suggesting purchase of a closed mutual fund. Instead I am buying FSMEX and suggest ETFs XPH and ARKG.

A good week, a buy week. The sum of all the deviations has been 381, 509, and now 563 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 11, 37, and now 78.

Jul returns for IRA#1 -2%, IRA#2 +0%, QQQ +3%, TQQQ +8%
For the last 3 months, IRA#1 -2%, IRA#2 +1%, QQQ +5%, TQQQ +13%
For the last 6 months, IRA#1 -7%, IRA#2 -3%, QQQ -1%,
For the last 12 months, IRA#1 10%, IRA#2 6%, QQQ 17%,
portfolio changes:
IRA#1 – 100% invested – Purchased SRetailing(FSRPX)(17Jul18)
IRA#2 – 40% invested – Purchased SSoftware&ITServices(FSCSX)(17Jul18)
QQQ – 100% invested – QQQ
TQQQ – 100% invested – TQQQ
The TQQQ portfolio was started in Feb18 thus no 6 or 12 months return yet (but they should be about 3X the QQQ portfolio).

On Investors Edge on 29Aug, Adam substituting for Gary Kaltbaum discussed a climax run. It was an interesting show and he suggested we may be in another climax run – sort of like 1926-1929, and 1998-2000. However after the climax run, look out below.

On Twitter on 26Aug, Dr. Pippa Malmgren tweeted “People are preparing for a market melt-down. But I’ve been arguing that it melts-up quite a lot first.” .

So how much should a local government give to the richest man (100B+) in the world to locate his second headquarters locally? Maryland is giving 8.5B, NJ is giving 8B, the other 18 localities refused to disclose. It seems the governments have decided to give away billions which will have to be made up in taxes from the local residents – but the residents are not told and are told they do not have a right to know. The theory is the location of HQ2 will bring in enough growth to pay for it – maybe.

IRA#1
SRetailing has a price of 16.61, a sell price 15.78, a rank of 01, and is a hold. (ETF – XRT, PEZ)
IRA#2
SITServices has a price of 66.95 a sell price 63.60, a rank of 03, and is a hold. (ETF – XWEB – stopped out 28Jun, XITK – stopped out on 27Jun)
SRetailing has a price of 16.61, a sell price 15.78, a rank of 01, and is a hold. (ETF – XRT, PEZ)
SSoftware&ITServices has a price of 19.81, a sell price 18.82, a rank of 12, and is a hold. (ETF – ARKW & FDN – stopped out on 30Jul)
SmallCapGrowth has a price of 30.82, a sell price TBD, a rank of 04, and is a buy. (ETF – IJT, RZG)

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – Purchase 20% SmallCapGrowth(FCPGX)

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).
This week:
13.85 01-42 FSRPX 16.61 SRetailing Yes
13.58 02-12 FSHCX 104.82 SHealthCareServices
12.77 03-34 FBSOX 66.95 SITServices Yes
12.47 04-32 FCPGX 30.82 SmallCapGrowth Yes
12.05 05-06 FSMEX 54.92 SMedicalTechnologyandDevices Yes
11.86 06-12 FSPHX 27.01 SHealthCare Yes
11.21 07-21 FTQGX 27.46 FocusedStock Yes
11.10 08-21 FOCPX 13.32 OTCPortfolio Yes
10.74 09-21 FBGRX 105.58 BlueChipGrowth Yes
10.66 10-05 FDCPX 103.37 SComputers Yes
10.55 11-03 FSDCX 40.61 SCommunicationsEquipment Yes
10.39 12-32 FSCSX 19.81 SSoftware&ITServices Yes
10.09 13-12 FNCMX 106.94 NasdaqCompositeIndex Yes
10.09 14-08 FSUIX 15.52 LargeCapGrowthIndex – Inv Yes
9.65 15-02 FTRNX 114.03 Trend Yes
9.54 16-13 FSCPX 47.73 SConsumerDiscretionary Yes
9.29 17-01 FDSVX 37.34 Growth Discovery Yes
9.19 18-05 FLGEX 21.58 LargeCapGrowthEnhancedIndex Yes
8.74 19-03 FDSCX 30.51 StockSelectorSmallCap
8.71 20-02 FSSPX 23.07 SmallCapIndex – Inv Yes
Last Week
13.16 01-41 FSRPX 16.39 SRetailing
11.95 02-11 FSHCX 102.57 SHealthCareServices
11.64 03-33 FBSOX 65.83 SITServices Yes
11.30 04-31 FCPGX 30.30 SmallCapGrowth
10.24 05-05 FSMEX 53.69 SMedicalTechnologyandDevices Yes
9.98 06-31 FSCSX 19.63 SSoftware&ITServices
9.90 07-20 FOCPX 13.10 OTCPortfolio
9.90 08-11 FSPHX 26.37 SHealthCare Yes
9.83 09-02 FSDCX 40.12 SCommunicationsEquipment Yes
9.40 10-20 FBGRX 103.71 BlueChipGrowth
9.39 11-20 FTQGX 26.85 FocusedStock
8.82 12-07 FSUIX 15.26 LargeCapGrowthIndex – Inv
8.66 13-12 FSCPX 47.11 SConsumerDiscretionary
8.52 14-02 FDSCX 30.31 StockSelectorSmallCap
8.49 15-04 FSRFX 105.72 STransportation Yes
8.46 16-11 FNCMX 104.80 NasdaqCompositeIndex
8.22 17-01 FSSPX 22.86 SmallCapIndex – Inv Yes
8.13 18-01 FTRNX 111.88 Trend
8.10 19-04 FLGEX 21.26 LargeCapGrowthEnhancedIndex
8.10 20-04 FDCPX 100.41 SComputers Yes

IRA#1 is currently invested in:
100% – SRetailing(FSRPX)(16Jul18) from CashReserves(FDRXX)(18Jun18)
Jul18 1m-2% 3m-2% 6m-7% 12m+10% 24m+16% 36m+17% 60m+47% 120m+3%
Jun18 1m-3% 3m+0% 6m-0% 12m+17% 24m+25% 36m+13% 60m+55% 120m-2%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSoftware&ITServices(FSCSX)(16Jul18) from CashReserves(FDRXX)(05Mar18)
20% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(13Apr18)
20% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
Jul18 1m+0% 3m+1% 6m-3% 12m+6% 24m+11% 36m+13% 60m+19% 120m+40%
Jun18 1m-0% 3m+1% 6m-1% 12m+6% 24m+16% 36m+11% 60m+25% 120m+40%
Average annual return since 1/82 11%