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%