A good week, not a buy week. The sum of all the deviations has been 684, 615, and now 678 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 30, 08, and now 10.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 5% above its 50 day moving average,
IWM (Russell 2000 ETF) is 4% above its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
Not a time to buy – Sum of all deviations is not up 2 weeks in a row.
Another week and I will dump LatinAmerica and maybe buy another fund.
IRA#1
SSemiconductors has a price of 12.06, a sell price 11.59, a rank of 01, and is a hold. (ETF – XSD, SMH)
IRA#2
SSemiconductors has a price of 12.06, a sell price 11.59, a rank of 01, and is a hold. (ETF – XSD, SMH)
SConstructionandHousing has a price of 65.21, a sell price 62.26, a rank of 11, and is a hold. (ETF – ITB, PKB)
SWireless has a price of 11.03, a sell price 10.49, a rank of 10, and is a hold. (ETF – IYZ, XTL)
SAutomotive has a price of 37.14, a sell price 35.68, a rank of 07, and is a hold. (ETF – RGI, EXI)
LatinAmerica has a price of 26.90, a sell price 26.21, a rank of 94, and is a hold for now. (ETF – EWW, GXG)
LatinAmerica cannot be sold until 12/04 without getting restrictions on future buying and a lecture.
My investment 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).
16.39 01-24 FSELX 12.06 SSemiconductors NO
14.04 02-02 FBIOX 22.47 SBiotechnology YES
12.48 03-07 FSPTX 19.44 STechnology NO
11.51 04-03 FSJCX 101.45 SHealthCareServices YES
11.35 05-07 FEXPX 21.56 Export&Multinational NO
10.90 06-03 FSLBX 82.16 SBrokerage&InvestmentManagement YES
10.45 07-08 FSAVX 37.14 SAutomotive NO
10.35 08-13 FDCPX 81.57 SComputers NO
9.95 09-02 FPHAX 23.06 SPharmaceuticals YES
9.93 10-16 FWRLX 11.03 SWireless NO
9.78 11-34 FSHOX 65.21 SConstructionandHousing NO
9.62 12-07 FSRBX 28.42 SBanking NO
9.60 13-01 FCPGX 27.02 SmallCapGrowth NO
9.52 14-07 FGRIX 41.56 Growth&Income NO
9.23 15-01 FSCSX 20.05 SSoftware&ITServices NO
9.12 16-03 FOCPX 12.44 OTCPortfolio NO
9.09 17-04 FIDSX 11.19 SFinancialServices NO
9.04 18-01 FSMEX 59.80 SMedicalTechnologyandDevices NO
9.03 19-06 FLCSX 33.73 LargeCapStock NO
8.82 20-05 FDGFX 30.64 DividendGrowth NO
Last Week
15.94 01-23 FSELX 11.91 SSemiconductors NO
11.87 02-06 FEXPX 21.53 Export&Multinational NO
11.38 03-02 FSJCX 100.72 SHealthCareServices YES
11.13 04-06 FSPTX 19.08 STechnology NO
10.43 05-07 FSAVX 36.93 SAutomotive NO
10.27 06-12 FDCPX 81.07 SComputers NO
10.09 07-02 FSLBX 81.09 SBrokerage&InvestmentManagement YES
9.94 08-06 FGRIX 41.51 Growth&Income NO
9.57 09-01 FBIOX 21.43 SBiotechnology YES
9.41 10-06 FSRBX 28.22 SBanking NO
9.29 11-05 FLCSX 33.65 LargeCapStock NO
9.19 12-33 FSHOX 64.53 SConstructionandHousing NO
9.12 13-04 FDGFX 30.58 DividendGrowth NO
9.10 14-15 FWRLX 10.89 SWireless NO
8.92 15-01 FSMVX 23.43 MidCapValueIndex NO
8.74 16-03 FIDSX 11.10 SFinancialServices NO
8.71 17-01 FPHAX 22.68 SPharmaceuticals YES
8.23 18-03 FSDAX 19.18 SDefense&Aerospace NO
8.03 19-07 FHKCX 36.91 ChinaRegion NO
7.88 20-02 FOCPX 12.24 OTCPortfolio NO
It will be some time before I get all of the % returns correct.
IRA#1 is currently invested in:
100% – SSemiconductors(16Sep19) from SGold(FSAGX)(17Jun19))
Sep19 1m-2 3m+1% 6m+1% 12m-8% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%
IRA#2 is currently invested in:
20% – LatinAmerica(FLATX)(04Nov19) from SDefense&Aerospace(FSDAX)(25Feb19)
20% – SAutomotive(FSAVX)(28Oct19) from Cash(16Sep19)
20% – SWireless(FWRLX)(21Oct19) from Cash(26Aug19)
20% – SConstructionandHousing(FSHOX)(16Sep19) from Cash(26Aug19)
20% – SSemiconductors(09Sep19) from Cash(19Aug19)
Sep19 1m-11% 3m+1% 6m+0% 12m-14% 24m+na% 36m+na% 60m+na% 120m+na%
Average annual return since 1/82 na%