A good week, a buy week. The sum of all the deviations has been 479, 493, and now 708 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 08, 62, and now 54.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 2% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 3% above its 50 day moving average,
IWM (Russell 2000 ETF) is 0% below 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.
Last week I received a message from IBD – Investors Business Daily – on 5 stocks to watch. Disney (DIS) and Comcast (CMCSA) lead five top stocks to watch this week working on shallow bases as the stock market uptrend takes a breather. Cadence Design Systems (CDNS), TransDigm (TDG) and Estee Lauder (EL) round out the top five. During the week CDNS was up 5.4%, TDG was up 5.2%, CMCSA was up 3.0%, EL was up 2.5%, and Disney was down 1.0%. Friday IBD’s Stock of the day was RPD – the stock of the day is free on their web site – www.investors.com.
IRA#1
SGold has a price of 21.32, a sell price 20.25, a rank of 01, and is a hold. (ETF – GDX, GLD)
IRA#2
SITServices has a price of 71.60, a sell price 68.02, a rank of 02, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 17.79, a sell price 16.90, a rank of 08, and is a hold. (ETF – ITA, XAR)
SGold has a price of 21.32, a sell price 20.25, a rank of 01, and is a hold. (ETF – GDX, GLD)
LatinAmerica has a price of 26.32, a sell price TBD, a rank of 05, and is a buy (ETF – EWZS, AGT)
My investment changes this weekend:
IRA #1 – None
IRA #2 – invest 20% in LatinAmerica
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?
18.33 01-04 FSAGX 21.32 SGold YES
11.61 02-24 FBSOX 71.60 SITServices NO
10.60 03-18 FSPTX 17.20 STechnology NO
10.18 04-17 FSCSX 18.69 SSoftware&ITServices NO
10.13 05-01 FLATX 26.32 LatinAmerica YES
10.09 06-06 FSPCX 62.92 SInsurance NO
9.51 07-11 FSHOX 57.69 SConstructionandHousing YES
9.43 08-01 FSDAX 17.79 SDefense&Aerospace NO
9.34 09-05 FSUTX 92.51 SUtilities YES
9.31 10-01 FSELX 9.65 SSemiconductors NO
9.28 11-02 FEMEX 10.18 EmergingEMEA YES
9.23 12-07 FTRNX 106.75 Trend NO
8.94 13-01 FSMEX 56.14 SMedicalEquipment&Systems YES
8.83 14-06 FIVFX 21.92 InternationalCapApp NO
8.48 15-06 FRESX 45.94 RealEstateInvestment YES
8.38 16-01 FHKCX 34.12 ChinaRegion YES
8.26 17-15 FTQGX 25.41 FocusedStock NO
8.14 18-03 FDFFX 37.50 Independence NO
8.11 19-01 FFGCX 12.49 GlobalCommodity Stock YES
7.97 20-01 FEMKX 32.06 EmergingMarkets NO
Last Week
11.91 01-03 FSAGX 19.97 SGold YES
10.37 02-23 FBSOX 70.37 SITServices NO
10.22 03-05 FSPCX 62.66 SInsurance YES
9.35 04-10 FSHOX 57.32 SConstructionandHousing YES
8.37 05-05 FRESX 45.69 RealEstateInvestment YES
7.94 06-02 FSCHX 12.77 SChemicals YES
7.84 07-04 FSUTX 90.79 SUtilities YES
7.53 08-17 FSPTX 16.63 STechnology NO
7.53 09-02 FSDPX 68.20 SMaterials NO
7.43 10-22 FSVLX 16.65 SConsumerFinance NO
7.22 11-16 FSCSX 18.09 SSoftware&ITServices NO
7.19 12-05 FSRNX 16.82 RealEstateIndex YES
6.98 13-06 FTRNX 104.04 Trend NO
6.84 14-01 FDLSX 15.83 SLeisure YES
6.40 15-05 FIVFX 21.33 InternationalCapApp NO
6.39 16-04 FNBGX 13.71 Long-TermTreasuryBondIndex NO
6.29 17-14 FTQGX 24.84 FocusedStock NO
6.26 18-01 FEMEX 9.85 EmergingEMEA YES
6.21 19-02 FDFFX 36.67 Independence NO
6.17 20-03 FIUIX 27.29 Telecom&Utilities YES
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – SGold(FSAGX)(17Jun19) from Cash(13May19)
May19 1m-7% 3m-9% 6m-16% 12m-19% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – Cash(20May19) from SSemiconductors(FSELX)(15Apr19)
20% – LatinAmerica(FLATX(24Jun19) from Cash(13May19)
20% – SGold(FSAGX)(17Jun19) from Cash(13May19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
May19 1m-6% 3m-4% 6m-4% 12m-8% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
ETFs
PTNQ May19 1m-8% 3m+1% 6m+1% 12m+1%
QQQ May19 1m-8% 3m-0% 6m+3% 12m+3%
TQQQ May19 1m-24% 3m-2% 6m-1% 12m-10%