Not a good week, not a buy week. The sum of all the deviations has been 583, 547, and now 452 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 47, 30, and now 3.
Time to sit and wait to see which way the market will be going this week
On the 21Jun18 MacroVoices podcast, Luke Groman pointed out that for the first time since 2009 the US federal deficit has started increasing as a percentage of GDP. It has happened 7 times in history, 6 of which were followed by recession within 12 to 14 months. Listening to the rest of the podcast was also interesting – dollar up for a little longer and then slowly decline as it loses its position as the world’s dominant currency.
There is a podcast put out by Vertical Research Advisory. It is a daily podcast, about 8 minutes long, which provides a quick overview of the market.
IRA#1
CashReserves
IRA#2
SITServices has a price of 62.18, a sell price 59.41, a rank of 04, and is a hold. (ETF – XWEB, XITK)
SRetailing has a price of 15.70, a sell price 14.92, a rank of 01, and is a hold. (ETF – XRT, PEZ)
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 – 00% 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:
14.78 01-32 FSRPX 15.70 SRetailing
11.13 02-22 FSCSX 18.87 SSoftware&ITServices
11.02 03-22 FCPGX 28.90 SmallCapGrowth
10.87 04-24 FBSOX 62.18 SITServices
10.67 05-08 FOCPX 12.63 OTCPortfolio
10.52 06-11 FBGRX 100.36 BlueChipGrowth
9.68 07-02 FSHCX 96.08 SHealthCareServices
9.62 08-03 FSCPX 45.79 SConsumerDiscretionary
9.46 09-11 FTQGX 25.79 FocusedStock
9.11 10-07 FSSPX 22.28 SmallCapIndex – IC
9.10 11-02 FSPHX 251.23 SHealthCare Yes
8.93 12-02 FBMPX 78.12 SMultimedia
8.83 13-05 FNCMX 101.30 NasdaqCompositeIndex
8.57 14-21 FSPTX 183.56 STechnology
8.55 15-01 FRXIX 15.56 RealEstateIndex – Inv
8.31 16-08 FSELX 11.70 SSemiconductors
8.09 17-10 FCNTX 134.44 Contrafund
8.08 18-01 FCPEX 14.84 SmallCapEnhancedIndex
8.04 19-01 FSENX 47.55 SEnergy
7.84 20-04 FDSVX 36.46 Growth Discovery
Last Week
15.60 01-31 FSRPX SRetailing 15.69 Yes
12.68 02-21 FCPGX SmallCapGrowth 29.16 Yes
12.40 03-10 FBGRX BlueChipGrowth 101.50 Yes
12.36 04-07 FOCPX OTCPortfolio 12.75 Yes
12.32 05-21 FSCSX SSoftware&ITServices 18.96 Yes
12.23 06-07 FSELX SSemiconductors 12.07
12.16 07-22 FBSOX SITServices 62.54 Yes
11.68 08-20 FSPTX STechnology 187.97 Yes
11.19 09-02 FSCPX SConsumerDiscretionary 46.21 Yes
10.69 10-10 FTQGX FocusedStock 25.95 Yes
10.17 11-01 FSHCX SHealthCareServices 96.02 Yes
10.10 12-04 FNCMX NasdaqCompositeIndex 102.00 Yes
9.65 13-01 FSDCX SCommunicationsEquipment 38.71 Yes
9.54 14-06 FSSPX SmallCapIndex – IC 22.26 Yes
9.21 15-03 FSUIX LargeCapGrowthIndex – Inv 14.70 Yes
9.20 16-09 FCNTX Contrafund 135.24 Yes
9.18 17-03 FDSVX Growth Discovery 36.76 Yes
9.07 18-01 FBMPX SMultimedia 77.85 Yes
8.88 19-03 FTRNX Trend 108.55 Yes
8.86 20-01 FSPHX SHealthCare 249.47 Yes
IRA#1 is currently invested in:
100% – CashReserves(FDRXX)(18Jun18) from SEnergy(FSENX)(23Apr18)
Apr18 1m+1% 3m-5% 6m-0% 12m+21% 24m+25% 36m+9% 60m+43% 120m+7%
Mar18 1m+0% 3m-1% 6m+6% 12m+21% 24m+53% 36m+7% 60m+64% 120m+11%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
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)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
Apr18 1m+0% 3m-4% 6m-0% 12m+7% 24m+22% 36m+15% 60m+24% 120m+36%
Mar18 1m-0% 3m-1% 6m+2% 12m+7% 24m+26% 36m+14% 60m+23% 120m+38%
Average annual return since 1/82 11%