It was a good week, just barely short of a buy week. The sum of all the deviations has been 731, 695, and now 726.
The twice a week report I am getting from James Rohrbach, Investment-Models.com, still says buy NYSE and buy Nasdaq. This is the same as last week. I signed up for his free two month report.
The number of funds I rate as buy over the last 3 weeks has been 24, 41, and now 27.
66% of the stocks on the NYSE are bullish and 62% of the stocks on the Nasdaq are bullish. Those numbers are within a couple percent of the previous peaks. So the market is near a high based on this indicator.
On the 14Sep Money Life show, Chuck Jaffe featured an interview with credit expert Gerri Detweiler discussing the Equifax data breach. The discussion started at about 15 minutes into the show. Ms. Detweiler suggested freezing your credit accounts at the three credit bureaus may not be the best thing to do. She has placed a fraud alert on her accounts. I did a check with Equifax, found out my data was stolen, signed up for their free credit protection, and placed a free 90 day fraud alert on my accounts. Since my wife has a better credit score than I do, I plan to do the same for her. If you have children, you may want to check them also. One of the points Ms. Detweiler made was that this data (mother’s maiden name, previous address, drivers licence numbers, etc.) is generally data which does not change and can be used in a couple of years as easily as it can be used today. You can get a free copy of your credit report at www.annualcreditreport.com – so if you get one today from Equifax, you can request another one from Experian in 4 months, then Transunion 4 months later, and Equifax again 4 months later.
My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 95.54, 50 day MA of 93.34, a 200 day MA of 90.74, and a 7% stop loss is 88.85.
My current investments:
IRA#1 and IRA#2 – STechnology has a price of 177.53, a sell price 169.55, a rank of 05, and is a hold. (ETF – CQQQ – current stoploss 54.66)
IRA#2
SComputers has a price of 89.45, a sell price 88.54, a rank of of 53, and is a hold for now. (ETF – PSI – stopped out 6/12 11% gain)
OTCPortfolio has a price of 104.16, a sell price 98.95, a rank of 19, and is a hold. (ETF – MTUM – stoploss 88.98)
EmergingMarketsIndex – IC has a price of 10.83, a sell price 10.48, and a rank of 09. (ETF – EEMO – stoploss 19.24)
SBiotechnology – has a price of 232.77, a sell price 221.13, a rank of 01, and is a hold. (ETF – SBIO – stoploss 29.22)
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:
13.54 01-06 FBIOX 232.77 SBiotechnology
13.35 02-10 FSDAX 161.61 SDefense&Aerospace
12.91 03-08 FLATX 26.02 LatinAmerica
12.01 04-21 FHKCX 32.85 ChinaReqion
11.98 05-36 FSPTX 177.53 STechnology
11.37 06-03 FSCHX 176.07 SChemicals
11.32 07-06 FFGCX 12.41 GlobalCommodityStock
11.00 08-02 FSVLX 15.17 SConsumerFinance Yes
10.85 09-13 FPEMX 10.83 EmergingMarketsIndex – IC
10.45 10-01 FSELX 111.76 SSemiconductors
10.39 11-01 FSRFX 101.37 STransportation Yes
10.22 12-01 FCPGX 23.97 SmallCapGrowth Yes
10.20 13-12 FISMX 29.34 InternationalSmallCap
9.71 14-01 FSLBX 78.98 SBrokerageandInvestmentManagement Yes
9.66 15-19 FSEAX 41.20 EmergingAsia
9.61 16-26 FEMKX 30.39 EmergingMarkets
9.53 17-02 FSAIX 84.55 SAirTransportation Yes
9.46 18-23 FDSVX 31.78 Growth Discovery
9.36 19-01 FOCPX 104.16 OTCPortfolio
9.29 20-12 FPBFX 33.66 PacificBasin
Last week
15.52 01-07 FLATX 26.44 LatinAmerica
14.20 02-20 FHKCX 33.28 ChinaReqion
13.70 03-09 FSDAX 160.97 SDefense&Aerospace Yes
13.55 04-12 FPEMX 11.03 EmergingMarketsIndex – IC
12.44 05-35 FSPTX 177.14 STechnology
11.98 06-05 FFGCX 12.41 GlobalCommodityStock Yes
11.96 07-05 FBIOX 227.90 SBiotechnology
11.87 08-25 FEMKX 30.86 EmergingMarkets
11.79 09-18 FSEAX 41.79 EmergingAsia
11.43 10-02 FSCHX 175.12 SChemicals Yes
10.99 11-06 FIVFX 20.98 InternationalCapApp Yes
10.38 12-11 FISMX 29.23 InternationalSmallCap
10.09 13-11 FPBFX 33.74 PacificBasin
10.00 14-10 FIGRX 46.28 InternationalDiscovery
9.83 15-10 FTIEX 9.25 TotalInternationalEquity
9.67 16-01 FBSOX 51.53 SITServices Yes
9.50 17-06 FEDDX 14.96 EmergingMarketsDiscovery
9.49 18-22 FDSVX 31.63 Growth Discovery
9.47 19-01 FSAIX 84.08 SAirTransportation Yes
9.29 20-01 FSVLX 14.85 SConsumerFinance Yes
IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Jul17 1m+5% 3m+8% 6m+5% 12m+6% 24m+7% 36m+17% 60m+81% 120m-18%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SBiotechnology(FBIOX)(05Sep17) from CashResrves(FDRXX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – OTCPortfolio(FOCPX)(15May17) from CashReserves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
20% – SComputers(FDCPX)(13Feb17) from SNaturalGas(FSNGX)
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Jul17 1m+1% 3m+2% 6m+5% 12m+5% 24m+7% 36m+16% 60m+25% 120m+22%
Average annual return since 1/82 11%