Author: Flynn

Not a bad week, not a good week, just an ok week. The sum of all the deviations has been 472, 583, and now 547 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 24, 47, and now 30.
Time to sit back and see what happens next.

There is an interesting podcast, Odd Lots, and on their 14May podcast they discussed the problems with setting up a bitcoin ETF. Currently the only bitcoin “like” ETF is GBTC. The IRS had an interesting webinar this week on cryptocurrency. One of the ideas I found interesting was by using bitcoin mining computers, students at various colleges are mining in their dorm room. Seems the electricity is free and when you mine a bitcoin it is worth about 8k.

Each week I receive a couple of email from Weiss Rating. In their weekly summary the first article was titled “Housing Madness? It’s BBAAACCKKKKK…” where they point out the housing “prices have now topped the 2006 Bubble-Era peak by around 8%.”

IRA#1
SEnergy has a price of 46.29, a sell price 47.48, a rank of 42, and is a sell. (ETF – IEO, PXI – both stopped out)
IRA#2
SEnergy has a price of 46.29, a sell price 47.48, a rank of 42, and is a sell. (ETF – IEO, PXI – both stopped out)
SITServices has a price of 62.54, a sell price 59.41, a rank of 07, and is a hold. (ETF – XWEB, XITK)
SRetailing has a price of 15.69, a sell price 14.91, a rank of 01, and is a hold. (ETF – XRT, PEZ)
It was a bad week in energy. Oil and the oil related stocks took a hit and thus SEnergy declined before its sell price.

My mutual fund portfolio changes this weekend:
IRA #1 – Sell SEnergy
IRA #2 – Sell SEnergy

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:
14.63 01-30 FSRPX 15.43 SRetailing Yes
13.05 02-06 FSELX 12.08 SSemiconductors Yes
11.80 03-20 FCPGX 28.74 SmallCapGrowth Yes
11.63 04-21 FBSOX 61.85 SITServices Yes
11.62 05-20 FSCSX 18.72 SSoftware&ITServices Yes
11.47 06-09 FBGRX 100.01 BlueChipGrowth Yes
11.16 07-19 FSPTX 185.94 STechnology Yes
11.14 08-06 FOCPX 12.53 OTCPortfolio Yes
10.24 09-09 FTQGX 25.70 FocusedStock Yes
9.94 10-09 FSENX 48.04 SEnergy
9.57 11-01 FSCPX 45.27 SConsumerDiscretionary Yes
9.30 12-04 FSSPX 22.10 SmallCapIndex – IC
9.26 13-04 FCPEX 14.87 SmallCapEnhancedIndex Yes
9.24 14-03 FNCMX 100.67 NasdaqCompositeIndex Yes
9.23 15-04 FSDAX 181.00 SDefense&Aerospace Yes
9.14 16-02 FDSVX 36.57 Growth Discovery Yes
9.12 17-07 FDCAX 39.01 CapitalAppreciation Yes
8.99 18-02 FSUIX 14.60 LargeCapGrowthIndex – Inv Yes
8.80 19-08 FCNTX 134.10 Contrafund Yes
8.76 20-02 FTRNX 107.93 Trend Yes
Last Week
14.63 01-30 FSRPX 15.43 SRetailing Yes
13.05 02-06 FSELX 12.08 SSemiconductors Yes
11.80 03-20 FCPGX 28.74 SmallCapGrowth Yes
11.63 04-21 FBSOX 61.85 SITServices Yes
11.62 05-20 FSCSX 18.72 SSoftware&ITServices Yes
11.47 06-09 FBGRX 100.01 BlueChipGrowth Yes
11.16 07-19 FSPTX 185.94 STechnology Yes
11.14 08-06 FOCPX 12.53 OTCPortfolio Yes
10.24 09-09 FTQGX 25.70 FocusedStock Yes
9.94 10-09 FSENX 48.04 SEnergy
9.57 11-01 FSCPX 45.27 SConsumerDiscretionary Yes
9.30 12-04 FSSPX 22.10 SmallCapIndex – IC
9.26 13-04 FCPEX 14.87 SmallCapEnhancedIndex Yes
9.24 14-03 FNCMX 100.67 NasdaqCompositeIndex Yes
9.23 15-04 FSDAX 181.00 SDefense&Aerospace Yes
9.14 16-02 FDSVX 36.57 Growth Discovery Yes
9.12 17-07 FDCAX 39.01 CapitalAppreciation Yes
8.99 18-02 FSUIX 14.60 LargeCapGrowthIndex – Inv Yes
8.80 19-08 FCNTX 134.10 Contrafund Yes
8.76 20-02 FTRNX 107.93 Trend 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)(23Apr18)
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%

A good week, a buy week. The sum of all the deviations has been 453, 472, and now 583  – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 08, 24, and now 47.
Time to buy. 

So again Fidelity did not bother to update their list which says “Get information on the most recent dividends and capital gains for all funds managed by Fidelity.” I called, the rep and his boss did not have a clue. Like every other time they indicated they would put in a request to have current information on their website. So an 11 minute phone call and an hour looking at funds I think I have all the distribution. However, I may have missed some and will be checking Monday to make sure my numbers are correct. I would think that continually providing incorrect quotes should be an SEC violation.

On another subject I was asked about China or Japan ETFs. etfscreen.com > Performance – change the dolVol21 filter to zero, sort by the period of time desired and do a find on “China” (37 hits) and “Japan” (22 hits). None of them look very exciting to me. My rating on the Fidelity China and Japan funds are 37 and 76

IRA#1
SEnergy has a price of 48.39, a sell price 47.48, a rank of 04, and is a hold. (ETF – IEO, PXI – both stopped out) 
IRA#2
SEnergy has a price of 48.39 a sell price 47.48, a rank of 04, and is a hold. (ETF – IEO, PXI – both stopped out) 
SITServices has a price of 60.56, a sell price 57.53, a rank of 08, and is a hold. (ETF – XWEB, XITK)
SRetailing has a price of 15.43, a sell price TBD, a rank of 01, and is a Buy. (ETF – XRT, PEZ)
SRetailing is the number one fund, up two weeks in a row and is a buy. Last time I purchased SRetailing, I purchased ETF RTH. It is not performing well at this time.
SEnergy is still a hold. If it turns into a buy, I intend to buy the ETFs back.

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – Purchase SRetailing. 

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 –  100% invested
IRA #2 –  60% 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:
14.63 01-30 FSRPX 15.43 SRetailing Yes
13.05 02-06 FSELX 12.08 SSemiconductors Yes
11.80 03-20 FCPGX 28.74 SmallCapGrowth Yes
11.63 04-21 FBSOX 61.85 SITServices Yes
11.62 05-20 FSCSX 18.72 SSoftware&ITServices Yes
11.47 06-09 FBGRX 100.01 BlueChipGrowth Yes
11.16 07-19 FSPTX 185.94 STechnology Yes
11.14 08-06 FOCPX 12.53 OTCPortfolio Yes
10.24 09-09 FTQGX 25.70 FocusedStock Yes
9.94 10-09 FSENX 48.04 SEnergy    
9.57 11-01 FSCPX 45.27 SConsumerDiscretionary Yes
9.30 12-04 FSSPX 22.10 SmallCapIndex – IC    
9.26 13-04 FCPEX 14.87 SmallCapEnhancedIndex Yes
9.24 14-03 FNCMX 100.67 NasdaqCompositeIndex Yes
9.23 15-04 FSDAX 181.00 SDefense&Aerospace Yes
9.14 16-02 FDSVX 36.57 Growth Discovery Yes
9.12 17-07 FDCAX 39.01 CapitalAppreciation Yes
8.99 18-02 FSUIX 14.60 LargeCapGrowthIndex – Inv Yes
8.80 19-08 FCNTX 134.10 Contrafund Yes
8.76 20-02 FTRNX 107.93 Trend Yes
Last Week
12.98 01-05 FSELX 11.99 SSemiconductors Yes
11.59 02-19 FSCSX 18.60 SSoftware&ITServices Yes
11.55 03-29 FSRPX 14.90 SRetailing Yes
11.33 04-08 FSENX 48.39 SEnergy    
11.13 05-19 FCPGX 28.39 SmallCapGrowth    
10.48 06-18 FSPTX 183.71 STechnology Yes
10.46 07-05 FOCPX 12.38 OTCPortfolio Yes
9.98 08-20 FBSOX 60.56 SITServices    
9.66 09-08 FBGRX 97.79 BlueChipGrowth Yes
9.64 10-08 FTQGX 25.42 FocusedStock Yes
8.46 11-02 FNCMX 99.46 NasdaqCompositeIndex Yes
8.32 12-03 FSPHX 245.99 SHealthCare    
8.15 13-03 FSSPX 21.88 SmallCapIndex – IC    
8.00 14-07 FCNTX 132.49 Contrafund    
7.88 15-06 FDCAX 38.38 CapitalAppreciation    
7.83 16-01 FTRNX 106.51 Trend    
7.81 17-01 FDSVX 35.95 Growth Discovery    
7.81 18-03 FCPEX 14.60 SmallCapEnhancedIndex    
7.56 19-01 FSUIX 14.39 LargeCapGrowthIndex – Inv Yes
7.51 20-03 FSDAX 177.29 SDefense&Aerospace Yes 
             
IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18) 
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% – SRetailing(FSRPX)(11Jun18) from CashReserves(FDRXX)(05Mar18)
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – SEnergy(FSENX)(23Apr18) 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%

A good week, almost a buy week. The sum of all the deviations has been 478, 453, and now 472 – 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 24.
Another week like this week and it will be buy time. Most probably some technology fund.

On YouTube, Gerald Celente hosts his some of his The Trends Journal. His presentations are always interesting. It is worthwhile listening to his latest, June 01, video on the coming currency crashes – https://www.youtube.com/watch?v=T3gO11o3d40 .

Also on YouTube, Jim Rogers has interesting views on North Korea and how he wants to there. https://www.youtube.com/watch?v=jHzcrEIBX5E .

IRA#1
SEnergy has a price of 48.39, a sell price 47.48, a rank of 04, and is a hold. (ETF – IEO, PXI – both stopped out)
IRA#2
SEnergy has a price of 48.39 a sell price 47.48, a rank of 04, and is a hold. (ETF – IEO, PXI – both stopped out)
SITServices has a price of 60.56, a sell price 57.53, a rank of 08, and is a hold. (ETF – XWEB, XITK)
Both of my energy ETFs were sold when the stop loss price was hit on 5/25. Both resulted in about a 1% gain on my investment. Perhaps the 7% stop loss limit is too small. If energy becomes a buy again, I will buy them back.

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 – 100% 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:
112.98 01-05 FSELX 11.99 SSemiconductors Yes
11.59 02-19 FSCSX 18.60 SSoftware&ITServices Yes
11.55 03-29 FSRPX 14.90 SRetailing Yes
11.33 04-08 FSENX 48.39 SEnergy
11.13 05-19 FCPGX 28.39 SmallCapGrowth
10.48 06-18 FSPTX 183.71 STechnology Yes
10.46 07-05 FOCPX 12.38 OTCPortfolio Yes
9.98 08-20 FBSOX 60.56 SITServices
9.66 09-08 FBGRX 97.79 BlueChipGrowth Yes
9.64 10-08 FTQGX 25.42 FocusedStock Yes
8.46 11-02 FNCMX 99.46 NasdaqCompositeIndex Yes
8.32 12-03 FSPHX 245.99 SHealthCare
8.15 13-03 FSSPX 21.88 SmallCapIndex – IC
8.00 14-07 FCNTX 132.49 Contrafund
7.88 15-06 FDCAX 38.38 CapitalAppreciation
7.83 16-01 FTRNX 106.51 Trend
7.81 17-01 FDSVX 35.95 Growth Discovery
7.81 18-03 FCPEX 14.60 SmallCapEnhancedIndex
7.56 19-01 FSUIX 14.39 LargeCapGrowthIndex – Inv Yes
7.51 20-03 FSDAX 177.29 SDefense&Aerospace Yes
last week:
12.62 01-04 FSELX 11.87 SSemiconductors Yes
11.48 02-28 FSRPX 14.80 SRetailing
10.01 03-07 FSENX 47.53 SEnergy
9.80 04-18 FSCSX 18.19 SSoftware&ITServices
9.46 05-18 FCPGX 27.80 SmallCapGrowth
9.20 06-17 FSPTX 180.59 STechnology
9.06 07-19 FBSOX 59.74 SITServices
9.01 08-04 FOCPX 12.15 OTCPortfolio
8.45 09-07 FBGRX 96.22 BlueChipGrowth
8.42 10-07 FTQGX 25.01 FocusedStock
8.22 11-02 FSSPX 21.80 SmallCapIndex – IC Yes
8.00 12-16 FSDCX 37.64 SCommunicationsEquipment
7.67 13-02 FSPHX 243.43 SHealthCare
7.51 14-02 FSDAX 176.58 SDefense&Aerospace Yes
7.23 15-05 FDCAX 37.99 CapitalAppreciation
7.16 16-01 FNCMX 97.83 NasdaqCompositeIndex
7.15 17-01 FSRFX 100.42 STransportation Yes
7.12 18-06 FCNTX 130.86 Contrafund
6.99 19-02 FCPEX 14.43 SmallCapEnhancedIndex
6.89 20-01 FSCPX 43.78 SConsumerDiscretionary

IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
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% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
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%

Not a good week, not a buy week. The sum of all the deviations has been 511, 478, and now 453 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 37, 30, and now 8.

April returns for IRA#1 +1%, IRA#2 +0%, QQQ +0%, SPY/RSP +0%
For the last 3 months, IRA#1 -5%, IRA#2 -4%, QQQ -6%, SPY/RSP -7%
For the last 6 months, IRA#1 -0%, IRA#2 -0%, QQQ 5%, SPY/RSP 2%
For the last 12 months, IRA#1 21%, IRA#2 7%, QQQ 17%, SPY/RSP 8%
portfolio changes:
IRA#1 – SEnergy(FSENX)(23Apr18) 100% invested
IRA#2 – SEnergy(FSENX)(23Apr18) 20% invested
QQQ – 0% invested
SPY/RSP – 0% invested
In April the market looked like it may be turning up and I purchased SEnergy.

On a topic unrelated to investing, I purchased some solar panels last year. My FPL billing month ended on 11May and last month I gave FPL more kilowatt hours than I received. My latest calculations indicate the panels should pay for themselves in less than 10 years. On my website, flynndj.com/solar.htm, more details are available – give them a call.

None of the ETFs I own have been sold based on a 7% stop loss order. The IEO and PXI (oil related) ETFs are nearing their stop loss sell limit but not there yet.

IRA#1
SEnergy has a price of 47.53, a sell price 47.48, a rank of 03, and is a hold. (ETF – IEO, PXI)
IRA#2
SEnergy has a price of 47.53 a sell price 47.48, a rank of 03, and is a hold. (ETF – IEO, PXI)
SITServices has a price of 59.74, a sell price 57.34, a rank of 07, and is a hold. (ETF – XWEB, XITK)
SEnergy is 0.1% above its sell price after going down this week and it it continues to decline, next weekend it will be a sell. I am still 1% above my purchase price.

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 – 100% 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:
12.62 01-04 FSELX 11.87 SSemiconductors Yes
11.48 02-28 FSRPX 14.80 SRetailing
10.01 03-07 FSENX 47.53 SEnergy
9.80 04-18 FSCSX 18.19 SSoftware&ITServices
9.46 05-18 FCPGX 27.80 SmallCapGrowth
9.20 06-17 FSPTX 180.59 STechnology
9.06 07-19 FBSOX 59.74 SITServices
9.01 08-04 FOCPX 12.15 OTCPortfolio
8.45 09-07 FBGRX 96.22 BlueChipGrowth
8.42 10-07 FTQGX 25.01 FocusedStock
8.22 11-02 FSSPX 21.80 SmallCapIndex – IC Yes
8.00 12-16 FSDCX 37.64 SCommunicationsEquipment
7.67 13-02 FSPHX 243.43 SHealthCare
7.51 14-02 FSDAX 176.58 SDefense&Aerospace Yes
7.23 15-05 FDCAX 37.99 CapitalAppreciation
7.16 16-01 FNCMX 97.83 NasdaqCompositeIndex
7.15 17-01 FSRFX 100.42 STransportation Yes
7.12 18-06 FCNTX 130.86 Contrafund
6.99 19-02 FCPEX 14.43 SmallCapEnhancedIndex
6.89 20-01 FSCPX 43.78 SConsumerDiscretionary
last week:
16.29 01-06 FSENX 49.98 SEnergy Yes
10.72 02-14 FCPGX 27.98 SmallCapGrowth Yes
10.59 03-07 FFGCX 14.15 GlobalCommodityStock Yes
10.04 04-27 FSRPX 14.52 SRetailing
9.95 05-18 FBSOX 59.94 SITServices
9.33 06-17 FSCSX 18.02 SSoftware&ITServices
8.60 07-16 FSPTX 178.73 STechnology
8.50 08-03 FSELX 11.36 SSemiconductors Yes
8.44 09-03 FOCPX 12.03 OTCPortfolio
8.38 10-06 FTQGX 24.89 FocusedStock
8.01 11-01 FSPHX 243.21 SHealthCare Yes
7.98 12-04 FDCAX 38.11 CapitalAppreciation
7.94 13-01 FSESX 50.20 SEnergyService Yes
7.91 14-06 FBGRX 95.31 BlueChipGrowth
7.69 15-01 FSSPX 21.60 SmallCapIndex – IC Yes
7.62 16-15 FSDCX 37.35 SCommunicationsEquipment
7.24 17-01 FCPEX 14.41 SmallCapEnhancedIndex Yes
7.23 18-05 FCNTX 130.50 Contrafund
6.87 19-02 FTRNX 104.75 Trend
6.87 20-01 FSDAX 174.84 SDefense&Aerospace Yes

IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
Mar18 1m+0% 3m-1% 6m+6% 12m+21% 24m+53% 36m+7% 60m+64% 120m+11%
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
Mar18 1m-1% 3m-1% 6m+2% 12m+7% 24m+26% 36m+14% 60m+23% 120m+38%
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Average annual return since 1/82 11%

Not a good week, not a buy week. The sum of all the deviations has been 306, 511, and now 478  – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 15, 37, and now 30.

There is a show on TV network RT called the Keiser Report featuring Max Keiser. Mr. Keiser is very outspoken in his views, but he presented an analysis of the 2008/9 recession which was quite interesting. The recession was caused by the big banks leveraging themselves and creating junk securities called collateralized debt obligations. The victims of this recession were the millions who lost their jobs and their homes. So what did the government do – it spend billions savings the perpetrators of this crisis and ignoring the victims. Then with quantitative easing, continued to help the banks and hurt the savers. And what have the banks done since being saved – they have borrowed and releveraged themselves to an extent greater than before.

The rise in US interest rates is putting pressure on stock markets, especially those markets in emerging countries. The Argentina peso is down 17% over the last month and the Argentina stock market is down 12%. Obviously a recession is some countries is here and the higher the FED raises US interest rates the worse it will get. Not a good sign for the stock market.

IRA#1
SEnergy has a price of 49.98, a sell price 47.48, a rank of 01, and is a hold. (ETF – IEO, PXI)
IRA#2
SEnergy has a price of 49.98, a sell price 47.48, a rank of 01, and is a hold. (ETF – IEO, PXI)
SITServices has a price of 59.94, a sell price 57.34, a rank of 05, and is a hold. (ETF – XWEB, XITK)

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 –  100% 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:
16.29 01-06 FSENX 49.98 SEnergy Yes
10.72 02-14 FCPGX 27.98 SmallCapGrowth Yes
10.59 03-07 FFGCX 14.15 GlobalCommodityStock Yes
10.04 04-27 FSRPX 14.52 SRetailing    
9.95 05-18 FBSOX 59.94 SITServices    
9.33 06-17 FSCSX 18.02 SSoftware&ITServices    
8.60 07-16 FSPTX 178.73 STechnology    
8.50 08-03 FSELX 11.36 SSemiconductors Yes
8.44 09-03 FOCPX 12.03 OTCPortfolio    
8.38 10-06 FTQGX 24.89 FocusedStock    
8.01 11-01 FSPHX 243.21 SHealthCare Yes
7.98 12-04 FDCAX 38.11 CapitalAppreciation    
7.94 13-01 FSESX 50.20 SEnergyService Yes
7.91 14-06 FBGRX 95.31 BlueChipGrowth    
7.69 15-01 FSSPX 21.60 SmallCapIndex – IC Yes
7.62 16-15 FSDCX 37.35 SCommunicationsEquipment    
7.24 17-01 FCPEX 14.41 SmallCapEnhancedIndex Yes
7.23 18-05 FCNTX 130.50 Contrafund    
6.87 19-02 FTRNX 104.75 Trend    
6.87 20-01 FSDAX 174.84 SDefense&Aerospace Yes
last week:
13.66 01-05 FSENX 48.43 SEnergy Yes
11.30 02-17 FBSOX 60.36 SITServices Yes
11.13 03-16 FSCSX 18.23 SSoftware&ITServices Yes
10.86 04-26 FSRPX 14.55 SRetailing    
10.31 05-15 FSPTX 180.72 STechnology Yes
10.00 06-13 FCPGX 27.64 SmallCapGrowth Yes
9.95 07-06 FFGCX 13.99 GlobalCommodityStock    
9.85 08-14 FSDCX 37.97 SCommunicationsEquipment    
9.67 09-02 FOCPX 12.11 OTCPortfolio Yes
9.51 10-05 FTQGX 25.04 FocusedStock Yes
9.06 11-05 FBGRX 95.93 BlueChipGrowth Yes
8.66 12-03 FDCAX 38.19 CapitalAppreciation Yes
8.41 13-04 FCNTX 131.44 Contrafund Yes
8.12 14-02 FSELX 11.27 SSemiconductors Yes
7.85 15-02 FDSVX 35.56 Growth Discovery Yes
7.65 16-01 FTRNX 105.13 Trend Yes
7.49 17-02 FDCPX 94.75 SComputers Yes
7.44 18-02 FNCMX 97.39 NasdaqCompositeIndex Yes
7.24 19-01 FSUIX 14.19 LargeCapGrowthIndex – Inv Yes
6.98 20-01 FWWFX 28.21 Worldwide Yes
             
IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
Mar18 1m+0% 3m-1% 6m+6% 12m+21% 24m+53% 36m+7% 60m+64% 120m+11%
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
Mar18 1m-1% 3m-1% 6m+2% 12m+7% 24m+26% 36m+14% 60m+23% 120m+38%
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Average annual return since 1/82 11%

A good week, a buy week. The sum of all the deviations has been 307, 306, and now 511 – not up 2 weeks in a row but the previous two weeks are so close, I’m going to buy.
Each week I delete the lowest performing fund and add another fund based on last month’s performance. This tends to distort the exactness of the sum of all deviations.
The number of funds I rate as a buy over the last 3 weeks has been 13, 5, and now 37.

The website https://wishingwealthblog.com/ produces a weekly, free email which provides some indicators of what the author thinks the market is doing. On their 04May post received on 06May their General Market Index(s) was a bullish 4 out of 6 indicators (4/6 – GMI) and was 7 out of 8 indicators (7/8 – GMI2). The email also presented two charts with a short discussion. The SPY (S&P500 ETF) is up against its descending down-trend and still below its 30 and 10 week averages – bearish. The QQQ (Nasdaq 100 ETF) is holding above its rising 30 and 10 week average – bullish. Not a strong view of a market trend.

This week the Fidelity’s list of fund prices indicated in the title it was updated for today prices at about 6pm. However until about 7:30pm the numbers were yesterdays. Be careful in looking at Fidelity’s website. They to not seen be too concerned about accuracy.

You still have time to sign up for Kaltbaum’s free (for a month) email service. Name, phone, and email address to gkaltbaum@kaltbaum.net. It may make you some money. Wednesday on his show the had Jim Rohrbach of investment-models.com. He said his numbers got him out of the end of January and back in Wednesday. He will sent you a free month of his biweekly report if you send him an email requesting it.

IRA#1
SEnergy has a price of 48.43, a sell price 46.01, a rank of 01, and is a hold. (ETF – IEO, PXI)
IRA#2
SEnergy has a price of 48.43, a sell price 46.01, a rank of 01, and is a hold. (ETF – IEO, PXI)
SITServices has a price of 60.36, a sell price TBD, a rank of 02, and is a Buy. (ETF – XWEB, XITK)

My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – Invest 20% in FBSOX – SITServices

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% 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:
13.66 01-05 FSENX 48.43 SEnergy Yes
11.30 02-17 FBSOX 60.36 SITServices Yes
11.13 03-16 FSCSX 18.23 SSoftware&ITServices Yes
10.86 04-26 FSRPX 14.55 SRetailing
10.31 05-15 FSPTX 180.72 STechnology Yes
10.00 06-13 FCPGX 27.64 SmallCapGrowth Yes
9.95 07-06 FFGCX 13.99 GlobalCommodityStock
9.85 08-14 FSDCX 37.97 SCommunicationsEquipment
9.67 09-02 FOCPX 12.11 OTCPortfolio Yes
9.51 10-05 FTQGX 25.04 FocusedStock Yes
9.06 11-05 FBGRX 95.93 BlueChipGrowth Yes
8.66 12-03 FDCAX 38.19 CapitalAppreciation Yes
8.41 13-04 FCNTX 131.44 Contrafund Yes
8.12 14-02 FSELX 11.27 SSemiconductors Yes
7.85 15-02 FDSVX 35.56 Growth Discovery Yes
7.65 16-01 FTRNX 105.13 Trend Yes
7.49 17-02 FDCPX 94.75 SComputers Yes
7.44 18-02 FNCMX 97.39 NasdaqCompositeIndex Yes
7.24 19-01 FSUIX 14.19 LargeCapGrowthIndex – Inv Yes
6.98 20-01 FWWFX 28.21 Worldwide Yes
last week:
11.95 01-04 FSENX 47.36 SEnergy
10.49 02-25 FSRPX 144.20 SRetailing
9.35 03-16 FBSOX 58.95 SITServices
8.05 04-15 FSCSX 176.18 SSoftware&ITServices
7.92 05-13 FSDCX 37.11 SCommunicationsEquipment
7.09 06-14 FSPTX 174.49 STechnology
6.98 07-05 FFGCX 13.54 GlobalCommodityStock
6.90 08-12 FCPGX 26.72 SmallCapGrowth
6.53 09-01 FOCPX 117.05 OTCPortfolio
6.45 10-04 FBGRX 93.19 BlueChipGrowth
6.10 11-03 FSCPX 43.00 SConsumerDiscretionary
6.02 12-04 FTQGX 24.12 FocusedStock
5.58 13-01 FSELX 109.58 SSemiconductors
5.46 14-03 FCNTX 127.29 Contrafund
5.35 15-02 FDCAX 36.86 CapitalAppreciation
5.31 16-01 FDCPX 92.47 SComputers
5.29 17-07 FSCOX 20.05 InternationalSmallCapOpportunitiesS
5.19 18-01 FDSVX 34.54 Growth Discovery
5.09 19-07 FCONX 10.04 ConservativeIncomeBond
4.99 20-01 FNCMX 94.80 NasdaqCompositeIndex

IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
Mar18 1m+0% 3m-1% 6m+6% 12m+21% 24m+53% 36m+7% 60m+64% 120m+11%
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SITServices(FBSOX)(14May18) from CashReserves(FDRXX)(12Feb18)
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
Mar18 1m-1% 3m-1% 6m+2% 12m+7% 24m+26% 36m+14% 60m+23% 120m+38%
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Average annual return since 1/82 11%

Not a good week, a do nothing week. The sum of all the deviations has been 367, 314, and now 306  – not up two weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 67, 13, and now 6.
Another not exciting week and not a buy week so I am buying nothing, selling nothing. 

Last weekend I called Fidelity because the distributions were not reported and I had to check the individual fund – FDYSX – to learn the distribution. I called again on Monday – no change. Well it turns out the FDYSX – Fidelity Global Strategies Fund – which existed last Friday and had a distribution no longer exists. First the rep said it was closed to new investors. I suggested that there are dozens of other funds which are closes which are listed. Then he gave me the latest quote. I pointed out that was last Friday’s quote. He tried another suggestion or two but finally admitted it no longer existed and he did not know why. I have seen this with other Fidelity funds before. It would be nice if the Fidelity reps knew something about their own funds.

IRA#1
SEnergy has a price of 47.36, a sell price 44.99, a rank of 01, and is a hold. (ETF – IEO, PXI) 
IRA#2
SEnergy has a price of 47.36, a sell price 44.99, a rank of 01, and is a hold. (ETF – IEO, PXI) 

My mutual fund portfolio changes this weekend:
IRA #1 – Invest 100% in FSENX – SEnergy
IRA #2 – Invest 20% in FSENX – SEnergy

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 –  100% invested
IRA #2 –  20% 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:
11.95 01-04 FSENX 47.36 SEnergy
10.49 02-25 FSRPX 144.20 SRetailing
9.35 03-16 FBSOX 58.95 SITServices
8.05 04-15 FSCSX 176.18 SSoftware&ITServices
7.92 05-13 FSDCX 37.11 SCommunicationsEquipment
7.09 06-14 FSPTX 174.49 STechnology
6.98 07-05 FFGCX 13.54 GlobalCommodityStock
6.90 08-12 FCPGX 26.72 SmallCapGrowth
6.53 09-01 FOCPX 117.05 OTCPortfolio
6.45 10-04 FBGRX 93.19 BlueChipGrowth
6.10 11-03 FSCPX 43.00 SConsumerDiscretionary
6.02 12-04 FTQGX 24.12 FocusedStock
5.58 13-01 FSELX 109.58 SSemiconductors
5.46 14-03 FCNTX 127.29 Contrafund
5.35 15-02 FDCAX 36.86 CapitalAppreciation
5.31 16-01 FDCPX 92.47 SComputers
5.29 17-07 FSCOX 20.05 InternationalSmallCapOpportunities
5.19 18-01 FDSVX 34.54 Growth Discovery
5.09 19-07 FCONX 10.04 ConservativeIncomeBond
4.99 20-01 FNCMX 94.80 NasdaqCompositeIndex
last week:
10.66 01-02 FSENX 46.52 SEnergy Yes
10.47 02-13 FSDAX 179.07 SDefense&Aerospace Yes
9.13 03-11 FSDCX 37.37 SCommunicationsEquipment Yes
8.69 04-23 FSRPX 141.07 SRetailing Yes
8.40 05-03 FFGCX 13.67 GlobalCommodityStock Yes
8.07 06-15 FBSOX 57.97 SITServices Yes
7.89 07-10 FCPGX 26.87 SmallCapGrowth Yes
7.46 08-13 FSCSX 174.47 SSoftware&ITServices Yes
7.27 09-05 FSCOX 20.37 InternationalSmallCapOpportunities    
7.06 10-02 FTQGX 24.28 FocusedStock Yes
6.51 11-12 FSPTX 172.89 STechnology    
5.84 12-01 FSCPX 42.76 SConsumerDiscretionary Yes
5.82 13-01 FDCAX 36.92 CapitalAppreciation Yes
5.80 14-01 FCNTX 127.34 Contrafund Yes
5.55 15-01 FSLBX 79.78 SBrokerageandInvestmentManagement Yes
5.51 16-02 FOCPX 115.53 OTCPortfolio Yes
5.50 17-02 FBGRX 92.04 BlueChipGrowth Yes
5.43 18-01 FTRNX 102.29 Trend Yes
5.27 19-05 FCONX 10.03 ConservativeIncomeBond    
5.25 20-03 FISMX 30.53 InternationalSmallCap Yes  
             
IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18) 
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Jan18 1m+6% 3m+5% 6m+18% 12m+24% 24m+63% 36m+27% 60m+89% 120m+18%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18) 
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
20% – CashReserves(FDRXX)(12Feb18) from EmergingMarketsIndex – InvC(FPEMX)(24Jul17)
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Jan18 1m+3% 3m+4% 6m+9% 12m+15% 24m+33% 36m+26% 60m+36% 120m+44%
Average annual return since 1/82 11%

Not a good week, a do nothing week. The sum of all the deviations has been 318, 367, and now 314 – not up two weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 04, 67, and now 13.
Another not exciting week and not a buy week so I am buying nothing, selling nothing.

I thought Fidelity had finally listened to my complaints (I gave up writing to Fidelity a long time ago, they ignore letters) because on the second week of April they had the distributions on Thursday so the list was complete and updated on Friday. In the past, often the Friday distributions did not get listed until the following Monday – not good for weekly weekend updating. However on 04/26, Thursday, they had some distributions but just could not get around to updating the list so the prices are suspect. Each week I add a fund from last month’s best performers, and drop the worst fund on my list so I only follow 100 funds. As I went to drop the worst performer this week, GlobalStrategies, I noticed it was down ~7% for the week. Not something which happens. So I looked up the fund details and it did have a distribution of 69.1 cents, a big percentage for a ~9 dollar fund. So I updated that fund with the distribution and removed another fund from my list after checking the funds details for distributions. It sure would be nice if Fidelity kept their website current!!!!

I received an email from Fidelity this week announcing their Wednesday sector performance webinar. It also contained a link to their sector evaluation website https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/sectors_in_market.jhtml . Very interesting site – you can sort down to find the best performing ETFs based on various criteria. The two I invested in on Monday were on the first page of what they call their 4W/13W performance listing of 1700+ ETFs. Not sure how to use the page yet, but it looks interesting.

In the past, Gary Kaltbaum had a stock selecting service. He is starting it up again in a month or so and for the first month or so is free. Send your name, phone number, and email to Gary at gkaltbaum@kaltbaum.net asking to be up on the list for his new stock email service. If the stocks are profitable, you may want to pay for the service when the free period ends – cost unknown but free for a month or two

March returns for IRA#1 +0%, IRA#2 -0%, QQQ +0%, SPY/RSP +0%
For the last 3 months, IRA#1 -1%, IRA#2 -1%, QQQ 2%, SPY/RSP -3%
For the last 6 months, IRA#1 6%, IRA#2 2%, QQQ 10%, SPY/RSP 3%
For the last 12 months, IRA#1 20%, IRA#2 7%, QQQ 21%, SPY/RSP 8%
portfolio changes:
IRA#1 – Invested 100% in cash
IRA#2 – Sold FSLBX(Mar06), FSRPX(Mar27) – Invested in FEMEX, & 80% in cash
QQQ – Invested 100% in cash
SPY/RSP – Invested 100% in cash.
As the market declined in March, I was selling.

IRA#1
SEnergy has a price of 46.77, a sell price 44.43, a rank of 02, and is a hold. (ETF – IEO, PXI)
IRA#2
SEnergy has a price of 46.77, a sell price 44.43, a rank of 02, and is a hold. (ETF – IEO, PXI)

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 – 100% invested
IRA #2 – 20% 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:
10.86 01-24 FSRPX 144.71 SRetailing Yes
10.63 02-03 FSENX 46.77 SEnergy
7.98 03-12 FSDCX 37.13 SCommunicationsEquipment
7.49 04-16 FBSOX 57.89 SITServices
6.98 05-04 FFGCX 13.54 GlobalCommodityStock
6.55 06-14 FSCSX 173.59 SSoftware&ITServices
6.10 07-02 FSCPX 43.00 SConsumerDiscretionary Yes
6.01 08-14 FSDAX 172.38 SDefense&Aerospace
5.87 09-11 FCPGX 26.45 SmallCapGrowth
5.48 10-03 FTQGX 23.99 FocusedStock
5.34 11-06 FSCOX 20.06 InternationalSmallCapOpportunities
5.29 12-01 FSHCX 90.11 SHealthCareServices Yes
5.26 13-01 FSPHX 235.33 SHealthCare Yes
5.09 14-06 FCONX 10.04 ConservativeIncomeBond
5.05 15-03 FBGRX 91.89 BlueChipGrowth
4.94 16-13 FSPTX 170.80 STechnology
4.83 17-01 FIREX 11.86 InternationalRealEstate
4.76 18-02 FCNTX 126.41 Contrafund
4.59 19-01 FARNX 14.37 EventDrivenOpportunities Yes
4.54 20-01 FJSCX 19.18 JapanSmallerCompanies
last week:
10.66 01-02 FSENX 46.52 SEnergy Yes
10.47 02-13 FSDAX 179.07 SDefense&Aerospace Yes
9.13 03-11 FSDCX 37.37 SCommunicationsEquipment Yes
8.69 04-23 FSRPX 141.07 SRetailing Yes
8.40 05-03 FFGCX 13.67 GlobalCommodityStock Yes
8.07 06-15 FBSOX 57.97 SITServices Yes
7.89 07-10 FCPGX 26.87 SmallCapGrowth Yes
7.46 08-13 FSCSX 174.47 SSoftware&ITServices Yes
7.27 09-05 FSCOX 20.37 InternationalSmallCapOpportunities
7.06 10-02 FTQGX 24.28 FocusedStock Yes
6.51 11-12 FSPTX 172.89 STechnology
5.84 12-01 FSCPX 42.76 SConsumerDiscretionary Yes
5.82 13-01 FDCAX 36.92 CapitalAppreciation Yes
5.80 14-01 FCNTX 127.34 Contrafund Yes
5.55 15-01 FSLBX 79.78 SBrokerageandInvestmentManagement Yes
5.51 16-02 FOCPX 115.53 OTCPortfolio Yes
5.50 17-02 FBGRX 92.04 BlueChipGrowth Yes
5.43 18-01 FTRNX 102.29 Trend Yes
5.27 19-05 FCONX 10.03 ConservativeIncomeBond
5.25 20-03 FISMX 30.53 InternationalSmallCap Yes

IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
Mar18 1m+0% 3m-1% 6m+6% 12m+21% 24m+53% 36m+7% 60m+64% 120m+11%
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
20% – CashReserves(FDRXX)(12Feb18) from EmergingMarketsIndex – InvC(FPEMX)(24Jul17)
Mar18 1m-1% 3m-1% 6m+2% 12m+7% 24m+26% 36m+14% 60m+23% 120m+38%
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Average annual return since 1/82 11%

A good week, a buy week. The sum of all the deviations has been 150, 318, and now 367 – weekly up two weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 07, 04, and now 67.
Not an exciting week, but the numbers say buy so I am buying.

Almost every day I get the opportunity to observe some bureaucratic stupidity. As most of you know, during tax season I work preparing taxes. On the last day I efile a return and with all the IRS problems it took until 9:30 pm to be accepted by the IRS, but it also included an Ohio state return. IRS and state returns are efiled at the same time but the state returns take several hours to get accepted. So this Ohio return arrived at 11 minutes after midnight and was rejected as being late. It should have been accepted with maybe a letter sent requesting a late payment fee – but accept the return. I am so glad Florida has no personal income returns.

In my opinion, the market is slowly forming a top. The volume of the latest up moves in not strong. SEnergy has been moving up fast and I only hope it continues. In addition to SEnergy, for my ETFs accounts I am buying two ETFs. While in the same industry, it does provide a small amount of diversification.

IRA#1
SEnergy has a price of 46.52, a sell price TBD, a rank of 02, and is a BUY. (ETF – IEO, PXI)
IRA#2
SEnergy has a price of 46.52, a sell price TBD, a rank of 02, and is a BUY. (ETF – IEO, PXI)

My mutual fund portfolio changes this weekend:
IRA #1 – Invest 100% in FSENX – SEnergy
IRA #2 – Invest 20% in FSENX – SEnergy

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 20% 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:
10.66 01-02 FSENX 46.52 SEnergy Yes
10.47 02-13 FSDAX 179.07 SDefense&Aerospace Yes
9.13 03-11 FSDCX 37.37 SCommunicationsEquipment Yes
8.69 04-23 FSRPX 141.07 SRetailing Yes
8.40 05-03 FFGCX 13.67 GlobalCommodityStock Yes
8.07 06-15 FBSOX 57.97 SITServices Yes
7.89 07-10 FCPGX 26.87 SmallCapGrowth Yes
7.46 08-13 FSCSX 174.47 SSoftware&ITServices Yes
7.27 09-05 FSCOX 20.37 InternationalSmallCapOpportunities
7.06 10-02 FTQGX 24.28 FocusedStock Yes
6.51 11-12 FSPTX 172.89 STechnology
5.84 12-01 FSCPX 42.76 SConsumerDiscretionary Yes
5.82 13-01 FDCAX 36.92 CapitalAppreciation Yes
5.80 14-01 FCNTX 127.34 Contrafund Yes
5.55 15-01 FSLBX 79.78 SBrokerageandInvestmentManagement Yes
5.51 16-02 FOCPX 115.53 OTCPortfolio Yes
5.50 17-02 FBGRX 92.04 BlueChipGrowth Yes
5.43 18-01 FTRNX 102.29 Trend Yes
5.27 19-05 FCONX 10.03 ConservativeIncomeBond
5.25 20-03 FISMX 30.53 InternationalSmallCap Yes
last week:
8.25 01-01 FSELX 111.77 SSemiconductors
8.20 02-12 FSDAX 174.43 SDefense&Aerospace
7.93 03-10 FSDCX 36.78 SCommunicationsEquipment
7.38 04-01 FSENX 44.89 SEnergy
7.32 05-04 FSCOX 20.30 InternationalSmallCapOpportunities
7.29 06-09 FCPGX 26.61 SmallCapGrowth
6.94 07-14 FBSOX 57.12 SITServices
6.80 08-11 FSPTX 172.77 STechnology
6.64 09-22 FSRPX 137.77 SRetailing
6.57 10-02 FFGCX 13.38 GlobalCommodityStock
6.12 11-12 FSCSX 171.62 SSoftware&ITServices
5.37 12-04 FEDDX 15.93 EmergingMarketsDiscovery
5.36 13-02 FIREX 11.86 InternationalRealEstate Yes
5.35 14-04 FCONX 10.01 ConservativeIncomeBond
5.31 15-01 FDCPX 91.98 SComputers
5.23 16-18 FHKCX 36.81 ChinaReqion
4.95 17-01 FBGRX 91.30 BlueChipGrowth
4.88 18-01 FOCPX 114.51 OTCPortfolio
4.85 19-01 FTQGX 23.69 FocusedStock
4.64 20-02 FISMX 30.27 InternationalSmallCap t

IRA#1 is currently invested in:
100% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Jan18 1m+6% 3m+5% 6m+18% 12m+24% 24m+63% 36m+27% 60m+89% 120m+18%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SEnergy(FSENX)(23Apr18) from CashReserves(FDRXX)(12Feb18)
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
20% – CashReserves(FDRXX)(12Feb18) from EmergingMarketsIndex – InvC(FPEMX)(24Jul17)
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Jan18 1m+3% 3m+4% 6m+9% 12m+15% 24m+33% 36m+26% 60m+36% 120m+44%
Average annual return since 1/82 11%

A good week, not a sell week, not a buy week. The sum of all the deviations has been 248, 150, and now 318 – definitely not up two weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 00, 07, and now 04.
All in all it was not a bad week. Now if we can get one more week, I should buy something.

There is another interesting podcast I’ve found. Charting Wealth provides a daily update on the market technical status based on candlestick analysis. I’ve not watched any of their YouTube education yet, but maybe after tax season.

Wealthrack on 13Apr presented a discussion by Matt Hougan on why cryptocurrencies may be the next big thing. There are 4 blockchain etfs – BLOK, BLCN, LEGR, and KOIN. The SEC is about to decide if it will allow a real bitcoin etf.

IRA#1
Cash
IRA#2
Cash

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 – 00% 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:
8.25 01-01 FSELX 111.77 SSemiconductors
8.20 02-12 FSDAX 174.43 SDefense&Aerospace
7.93 03-10 FSDCX 36.78 SCommunicationsEquipment
7.38 04-01 FSENX 44.89 SEnergy
7.32 05-04 FSCOX 20.30 InternationalSmallCapOpportunities
7.29 06-09 FCPGX 26.61 SmallCapGrowth
6.94 07-14 FBSOX 57.12 SITServices
6.80 08-11 FSPTX 172.77 STechnology
6.64 09-22 FSRPX 137.77 SRetailing
6.57 10-02 FFGCX 13.38 GlobalCommodityStock
6.12 11-12 FSCSX 171.62 SSoftware&ITServices
5.37 12-04 FEDDX 15.93 EmergingMarketsDiscovery
5.36 13-02 FIREX 11.86 InternationalRealEstate Yes
5.35 14-04 FCONX 10.01 ConservativeIncomeBond
5.31 15-01 FDCPX 91.98 SComputers
5.23 16-18 FHKCX 36.81 ChinaReqion
4.95 17-01 FBGRX 91.30 BlueChipGrowth
4.88 18-01 FOCPX 114.51 OTCPortfolio
4.85 19-01 FTQGX 23.69 FocusedStock
4.64 20-02 FISMX 30.27 InternationalSmallCap
last week:
7.35 01-11 FSDAX 177.38 SDefense&Aerospace
6.53 02-21 FSRPX 137.15 SRetailing
6.40 03-03 FSCOX 20.05 InternationalSmallCapOpportunities
5.85 04-03 FCONX 10.03 ConservativeIncomeBond
5.40 05-03 FEDDX 15.89 EmergingMarketsDiscovery
5.36 06-02 FJSCX 19.19 JapanSmallerCompanies
5.16 07-16 FEMEX 10.57 EmergingEuropeMiddleEastAfrica
4.87 08-13 FBSOX 56.70 SITServices
4.83 09-08 FCPGX 25.90 SmallCapGrowth
4.15 10-09 FSDCX 37.61 SCommunicationsEquipment
4.14 11-01 FIREX 11.69 InternationalRealEstate Yes
3.93 12-03 FLATX 26.76 LatinAmerica
3.86 13-01 FSCPX 41.74 SConsumerDiscretionary
3.72 14-10 FSPTX 184.88 STechnology
3.68 15-17 FHKCX 36.17 ChinaReqion
3.55 16-01 FISMX 29.88 InternationalSmallCap
3.46 17-11 FSCSX 170.04 SSoftware&ITServices
3.35 18-02 FJPNX 15.61 Japan
3.11 19-01 FFGCX 12.90 GlobalCommodityStock
2.91 20-02 FSLBX 77.41 SBrokerageandInvestmentManagement

IRA#1 is currently invested in:
100% – CashReserves(FDRXX)(12Feb18) from SSemiconductors(FSELX)(26Dec17)
Feb18 1m-6% 3m-1% 6m+7% 12m+13% 24m+53% 36m+13% 60m+79% 120m+11%
Jan18 1m+6% 3m+5% 6m+18% 12m+24% 24m+63% 36m+27% 60m+89% 120m+18%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(02Apr18) from EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18)
20% – CashReserves(FDRXX)(26Mar18) from SRetailing(FSRPX)(16Jan18)
20% – CashReserves(FDRXX)(05Mar18) from SBrokerageandInvestmentManagement(FSLBX)(22Jan18)
20% – CashReserves(FDRXX)(12Feb18) from EmergingMarketsIndex – InvC(FPEMX)(24Jul17)
20% – CashReserves(FDRXX)(12Feb18) from SSemiconductors(FSELX)(26Dec17)
20% – EmergingEuropeMiddleEastAfrica(FEMEX)(29Jan18) from CashReserves(FDRXX)
Feb18 1m-4% 3m-1% 6m+3% 12m+6% 24m+28% 36m+17% 60m+29% 120m+39%
Jan18 1m+3% 3m+4% 6m+9% 12m+15% 24m+33% 36m+26% 60m+36% 120m+44%
Average annual return since 1/82 11%