Not a good week, not a buy week. The sum of all the deviations has been 381, 263, and now 81 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 03, 06, and now 00.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% below its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 5% below its 50 day moving average,
IWM (Russell 2000 ETF) is 6% below its 50 day moving average,
SPY, QQQ, and IWM are all below 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.
Clark Howard produces a podcast (and radio show) on various consumer related items. His web site is clark.com. On the 5/23 podcast last week, he discussed the Bumped cell phone app. It gives you a little stock every time you shop with a credit card at one of the stores in your profile. It is not a lot of stock – maybe 1% of your purchase amount. This rebate in stock does not replace any on the credit card rebates you may be getting. I am wait-listed on their site until they decide to accept more members. His web site has many suggestions including a list of credit card which provide 2% cash back. A YouTube video on Bumped – https://www.youtube.com/watch?v=R8zK_tnj-7Y
Last week I mentioned I had a small investment in – GBTC – Grayscale Bitcoin Trust. It turns out I checked on the price and noticed I had gone down more than 5% on Friday so I sold it. I purchased it on 5/13 and sold on 5/31. So I held it for 18 days and gained 17%. I intend to watch it and may buy it again. It is not an investment I recommend.
IRA#1
No Investments
IRA#2
SITServices has a price of 68.89, a sell price 66.17, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 16.78, a sell price 16.42, a rank of 14, and is a hold. (ETF – ITA, XAR)
My investment 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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
01-21 8.34 FBSOX 68.28 SITServices NO
02-02 7.29 FNBGX 13.73 Long-TermTreasuryBond NO
03-04 6.35 FSPCX 59.81 SInsurance NO
04-01 5.90 FSAGX 18.67 SGold NO
05-03 5.85 FRESX 44.51 RealEstateInvestment NO
06-03 4.87 FSRNX 16.46 RealEstateIndex NO
07-14 4.86 FSCSX 17.55 SSoftware&ITServices NO
08-20 4.78 FSVLX 16.11 SConsumerFinance NO
09-02 4.41 FSUTX 87.19 SUtilities NO
10-03 4.35 FIVFX 20.77 InternationalCapApp NO
11-01 3.95 FEMEX 9.58 EmergingEMEA NO
12-02 3.91 FRIFX 12.27 RealEstateIncome NO
13-08 3.63 FSHOX 53.82 SConstructionandHousing NO
14-04 3.46 FTRNX 99.85 Trend NO
15-02 3.39 FSDAX 16.60 SDefense&Aerospace NO
16-01 3.14 FLATX 24.38 LatinAmerica NO
17-15 3.02 FSPTX 15.80 STechnology NO
18-01 2.87 FEDDX 13.01 EmergingMarketsDiscovery NO
19-12 2.65 FTQGX 23.83 FocusedStock NO
20-02 2.57 FDFFX 35.18 Independence NO
Last Week
9.98 01-20 FBSOX 68.89 SITServices No
7.82 02-03 FSPCX 60.98 SInsurance No
7.45 03-19 FSVLX 16.53 SConsumerFinance No
7.18 04-13 FSCSX 17.84 SSoftware&ITServices No
7.00 05-02 FRESX 45.23 RealEstateInvestment No
6.13 06-02 FSRNX 16.77 RealEstateIndex No
5.95 07-01 FSUTX 89.49 SUtilities Yes
5.50 08-01 FIREX 12.24 InternationalRealEstate Yes
5.48 09-01 FIUIX 27.25 TelecomandUtilities Yes
5.28 10-02 FIVFX 20.92 InternationalCapApp No
5.24 11-12 FBMPX 60.64 SCommunicationServices No
5.19 12-14 FSPTX 16.10 STechnology No
5.05 13-03 FTRNX 101.18 Trend No
5.01 14-07 FSHOX 55.19 SConstructionandHousing No
4.91 15-01 FNBGX 13.32 Long-TermTreasuryBondIndex Yes
4.82 16-11 FTQGX 24.23 FocusedStock No
4.62 17-01 FSDAX 16.78 SDefense&Aerospace No
4.55 18-01 FSLCX 16.58 SmallCapStock No
4.53 19-01 FRIFX 12.33 RealEstateIncome Yes
4.28 20-01 FDFFX 35.79 Independence No
I had a computer problem this week and lost my investment spread sheets including all the data on historical gains and losses. I will slowly be trying to rebuild that but for now the return numbers below will not be updated until I recreate it
IRA#1 is currently invested in:
100% – Cash(13May19) from ChinaRegion(FSHCX)(08Apr19)
Mar19 1m-1% 3m-4% 6m-14% 12m-9% 24m+9% 36m+39% 60m+23% 120m+12%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – Cash(20May19) from SSemiconductors(FSELX)(15Apr19)
20% – Cash(13May19) from ChinaRegion(FSHCX)(08Apr19)
20% – Cash(22Apr19) from SGold(FSAGX)(03Feb19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
Mar19 1m-0% 3m+2% 6m-9% 12m-4% 24m+3% 36m+21% 60m+17% 120m+32%
Average annual return since 1/82 11%
ETFs
PTNQ Mar19 1m+4% 3m+4% 6m-5% 12m+10%
QQQ Mar19 1m+4% 3m+16% 6m-3% 12m+13%
TQQQ Mar19 1m+11% 3m+53% 6m-20% 12m+18%