A good week, not a great week, but a good week. Time to buy. The sum of all the deviations has been 762, 763, and now 826.
The number of funds I rate as a buy over the last 3 weeks has been 19, 12, and now 42.
Fidelity had no distributions this week – thus there was no distribution list to screw up.
After updating for the distributions (after Fidelity finally published them) for last week’s numbers, none of the rankings changed for the top 20 funds.
The new tax law which takes place next year was passed and signed. James Lange produced a good review at http://paytaxeslater.com/yearendreport/. It will be interesting to see the impact on personal taxes. Since unreimbursed employee business expenses, as well as any other miscellaneous itemized deductions, are no longer allowed, I am going to lose some deductions.
It was an interesting week for GBTC – Bitcoin Investment Trust. I purchased a couple of shares on 11/27 and sold it on 12/08 for a gain of 26.6% after I heard futures the next Monday which included the possibility of shorts. When it did not drop, I purchased a couple of shares on 12/11 and on 12/21 when heard it was dropping like a rock, I sold for a 0.7% gain. It fell another 2.3% on 12/21 but gained 12.3% on 12/22. An interesting investment to watch.
IRA#1 and IRS#2
SSemiconductors has a price of 113.35, a sell price TBD, and a rank of 02, and is a buy. (ETF – ARKW)
IRA#2
EmergingMarketsIndex – IC has a price of 11.23, a sell price 10.67, and a rank of 34, and is a hold for now. (ETF – EEMO)
SSemiconductors is the highest rank fund with at least two weeks increase in deviation from a its moving average. I hope the up market continues.
My mutual fund portfolio changes this weekend:
IRA #1 – Invest 100% in SSemiconductors
IRA #2 – Invest 20% in SSemiconductors
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 40% 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:
14.66 01-06 FSRPX 133.14 SRetailing
13.48 02-13 FSELX 113.35 SSemiconductors Yes
12.76 03-04 FSVLX 16.27 SConsumerFinance
12.71 04-04 FSRFX 104.53 STransportation
12.60 05-01 FSENX 44.24 SEnergy
12.47 06-04 FSLBX 81.97 SBrokerageandInvestmentManagement
12.39 07-02 FHKCX 35.82 ChinaReqion Yes
11.75 08-03 FSAIX 84.43 SAirTransportation Yes
11.53 09-22 FSDAX 166.51 SDefense&Aerospace
11.13 10-11 FFGCX 12.99 GlobalCommodityStock Yes
11.07 11-04 FIDSX 114.79 SFinancialServices
10.96 12-11 FPBFX 35.18 PacificBasin Yes
10.93 13-01 FSEAX 44.62 EmergingAsia Yes
10.89 14-07 FLGEX 19.03 LargeCapGrowthEnhancedIndex
10.86 15-05 FJSCX 18.87 JapanSmallerCompanies
10.70 16-01 FSHOX 64.24 SConstructionandHousing
10.54 17-01 FEMEX 10.10 EmergingEuropeMiddleEastAfrica Yes
10.38 18-10 FSCSX 166.37 SSoftware&ITServices
10.30 19-48 FSPTX 180.56 STechnology
10.28 20-01 FCYIX 36.73 SIndustrials
Last week corrected
13.56 01-05 FSRPX 130.85 SRetailing
12.50 02-03 FSLBX 81.46 SBrokerageandInvestmentManagement
12.46 03-12 FSELX 111.53 SSemiconductors
12.15 04-21 FSDAX 166.43 SDefense&Aerospace Yes
12.13 05-03 FSVLX 16.07 SConsumerFinance
11.53 06-09 FSCSX 167.28 SSoftware&ITServices Yes
11.39 07-47 FSPTX 181.35 STechnology
11.29 08-06 FLGEX 18.99 LargeCapGrowthEnhancedIndex
11.26 09-04 FJSCX 18.83 JapanSmallerCompanies
11.12 10-11 FBSOX 54.64 SITServices Yes
11.09 11-03 FSRFX 102.34 STransportation
10.97 12-02 FSAIX 83.32 SAirTransportation Yes
10.71 13-03 FIDSX 113.75 SFinancialServices
10.62 14-03 FSUIX 13.54 LargeCapGrowthIndex – IC
10.27 15-02 FOCPX 111.00 OTCPortfolio Yes
10.11 16-10 FPBFX 34.71 PacificBasin
10.02 17-03 FDLSX 165.23 SLeisure
9.95 18-02 FBGRX 88.06 BlueChipGrowth Yes
9.78 19-07 FDCPX 89.44 SComputers
9.69 20-01 FHKCX 34.73 ChinaReqion
IRA#1 is currently invested in:
100% – SSemiconductors(FSELX)(26Dec17) from CashReserves(FDRXX)
Oct17 1m+7% 3m+12% 6m+22% 12m27% 24m+39% 36m+34% 60m+102% 120m-21%
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSemiconductors(FSELX)(26Dec17) from CashReserves(FDRXX)
20% – CashReserves(FDRXX)(11Dec17) STechnology(FSPTX)(01May17)
20% – CashReserves(FDRXX)(11Dec17) ChinaRegion(FHKCX)(16Oct17)
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
Oct17 1m+3% 3m+5% 6m+8% 12m17% 24m+19% 36m+26% 60m+32% 120m+31%
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Average annual return since 1/82 11%