Author: Flynn

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%

Not a good week, not a buy week. The sum of all the deviations has been 492, 381, and now 263 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 01, 03, and now 06.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 1% below its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 3% below its 50 day moving average,
IWM (Russell 2000 ETF) is 3% below its 50 day moving average,
SPY, and QQQ 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.

Jesse Felder produces a very interesting report. He sends out an email weekly. This weeks report can be read at https://thefelderreport.com/2019/05/22/another-breadth-warning-for-stocks/

Having sold all my ETFs I am 98% in cash. In addition to the 2 remaining mutual funds I own, I made a small investment in an ETF – GBTC – Grayscale Bitcoin Trust – not an investment I would recommend. Back in the fall of 2017 I had a return of 10% on two small investments I held for a couple of weeks. GBTC is up 130% over the last 3 months and down 12% over the last 12 months. It is up 13% since I purchased it 2 weeks ago.

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?
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
Last Week
10.90 01-19 FBSOX 69.10 SITServices NO
8.97 02-12 FSCSX 18.07 SSoftware&ITServices NO
8.55 03-13 FSPTX 16.57 STechnology NO
8.00 04-18 FSVLX 16.55 SConsumerFinance NO
7.95 05-11 FBMPX 62.03 SCommunicationServices NO
7.82 06-02 FSPCX 60.73 SInsurance NO
7.48 07-06 FSHOX 56.34 SConstructionandHousing NO
7.04 08-01 FRESX 45.08 RealEstateInvestment NO
6.58 09-11 FOCPX 11.91 OTCPortfolio NO
6.49 10-05 FDLSX 15.33 SLeisure NO
6.48 11-10 FTQGX 24.55 FocusedStock NO
6.34 12-01 FSRNX 16.75 RealEstateIndex NO
6.20 13-06 FSCPX 45.94 SConsumerDiscretionary NO
6.17 14-02 FTRNX 101.98 Trend NO
5.78 15-01 FIVFX 20.96 InternationalCapApp NO
5.68 16-04 FDSVX 36.62 Growth Discovery NO
5.67 17-04 FSPGX 15.31 LargeCapGrowthIndex NO
5.59 18-03 FCYIX 34.35 SIndustrials NO
5.47 19-01 FSLSX 36.32 ValueStrategies NO
5.39 20-01 FCNTX 12.75 Contrafund NO

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%

Not a good week, not a buy week. The sum of all the deviations has been 738, 492, and now 381 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 30, 01, and now 03.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is -0% below its 50 day moving average,
QQQ (Nasdaq 100 ETF) is -0% below its 50 day moving average,
IWM (Russell 2000 ETF) is -1% below its 50 day moving average,
SPY, and QQQ 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.

What a rotten week. On Monday, all my stop losses were hit and all ETFs were sold. Thanks to the recovery after Monday, that sure looks like a bad idea. It may be or it may not be. That all depends market results over the next couple of weeks.
One of the ETFs I sold was QQQ. If I had invested in PTNQ – the Nasdaq 100 ETFs which switches when QQQ falls below its 200 day average – I would still be invested. Perhaps my 50 day moving average stop loss is too close the the price.
All in all it is a time to wait and see which way the market decides to go so I am buying nothing.

IRA#1
No Investments.
IRA#2
SITServices has a price of 69.10, a sell price 66.17, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 16.86, a sell price 16.42, a rank of 21, and is a hold for now. (ETF – ITA, XAR)
SSemiconductors has a price of 9.62, a sell price 10.28, a rank of 79, and is a sell. (ETF – FTXL, XSD)

My investment changes this weekend:
IRA #1 – none
IRA #2 – Sell SSemiconductors

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?
10.90 01-19 FBSOX 69.10 SITServices NO
8.97 02-12 FSCSX 18.07 SSoftware&ITServices NO
8.55 03-13 FSPTX 16.57 STechnology NO
8.00 04-18 FSVLX 16.55 SConsumerFinance NO
7.95 05-11 FBMPX 62.03 SCommunicationServices NO
7.82 06-02 FSPCX 60.73 SInsurance NO
7.48 07-06 FSHOX 56.34 SConstructionandHousing NO
7.04 08-01 FRESX 45.08 RealEstateInvestment NO
6.58 09-11 FOCPX 11.91 OTCPortfolio NO
6.49 10-05 FDLSX 15.33 SLeisure NO
6.48 11-10 FTQGX 24.55 FocusedStock NO
6.34 12-01 FSRNX 16.75 RealEstateIndex NO
6.20 13-06 FSCPX 45.94 SConsumerDiscretionary NO
6.17 14-02 FTRNX 101.98 Trend NO
5.78 15-01 FIVFX 20.96 InternationalCapApp NO
5.68 16-04 FDSVX 36.62 Growth Discovery NO
5.67 17-04 FSPGX 15.31 LargeCapGrowthIndex NO
5.59 18-03 FCYIX 34.35 SIndustrials NO
5.47 19-01 FSLSX 36.32 ValueStrategies NO
5.39 20-01 FCNTX 12.75 Contrafund NO
Last Week
10.70 01-18 FBSOX 68.58 SITServices NO
9.97 02-12 FSPTX 16.71 STechnology NO
9.63 03-17 FSVLX 16.73 SConsumerFinance NO
9.00 04-11 FSCSX 17.99 SSoftware&ITServices NO
8.61 05-10 FBMPX 62.15 SCommunicationServices NO
8.47 06-01 FSPCX 60.84 SInsurance NO
8.38 07-10 FOCPX 12.07 OTCPortfolio NO
8.02 08-05 FSHOX 56.40 SConstructionandHousing NO
7.70 09-06 FSELX 10.13 SSemiconductors NO
7.70 10-05 FSCPX 46.44 SConsumerDiscretionary NO
7.70 11-04 FDLSX 15.45 SLeisure NO
7.16 12-02 FCYIX 34.76 SIndustrials NO
7.10 13-09 FTQGX 24.61 FocusedStock NO
6.84 14-01 FTRNX 102.29 Trend NO
6.75 15-03 FSPGX 15.42 LargeCapGrowthIndex NO
6.66 16-03 FDSVX 36.85 Growth Discovery NO
6.65 17-05 FSRPX 15.68 SRetailing NO
6.59 18-01 FSLBX 73.32 SBrokerageandInvestmentManagement NO
6.55 19-01 FSDAX 17.00 SDefense&Aerospace NO
6.48 20-01 FDEGX 45.33 Growth Strategies NO

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%

Not a good week, not a buy week. The sum of all the deviations has been 732, 738, and now 492 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 14, 30, and now 1.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 1% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 1% above its 50 day moving average,
IWM (Russell 2000 ETF) is 1% 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.

Nothing to add this week. It was a rotten week. If it continues time for FED money printing (QE).

IRA#1
ChinaRegion has a price of 34.52, a sell price 34.61, a rank of 33, and is a sell. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 68.58, a sell price 66.17, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 17.00, a sell price 16.42, a rank of 19, and is a hold. (ETF – ITA, XAR)
ChinaRegion has a price of 34.52, a sell price 34.31, a rank of 33, and is a sell. (ETF – CNXT, ASHS)
SSemiconductors has a price of 10.13, a sell price 10.28, a rank of 09, and is a Hold. (ETF – FTXL, XSD)
SSemiconductors is a hold but only because Fidelity requires you to hold a fund for 30 day and I have not owned it for 30 days until Wednesday. Perhaps this week will be an up week for it and it will not be a sell next week.

My investment changes this weekend:
IRA #1 – Sell ChinaRegion
IRA #2 – Sell ChinaRegion

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 00% 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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
10.70 01-18 FBSOX 68.58 SITServices NO
9.97 02-12 FSPTX 16.71 STechnology NO
9.63 03-17 FSVLX 16.73 SConsumerFinance NO
9.00 04-11 FSCSX 17.99 SSoftware&ITServices NO
8.61 05-10 FBMPX 62.15 SCommunicationServices NO
8.47 06-01 FSPCX 60.84 SInsurance NO
8.38 07-10 FOCPX 12.07 OTCPortfolio NO
8.02 08-05 FSHOX 56.40 SConstructionandHousing NO
7.70 09-06 FSELX 10.13 SSemiconductors NO
7.70 10-05 FSCPX 46.44 SConsumerDiscretionary NO
7.70 11-04 FDLSX 15.45 SLeisure NO
7.16 12-02 FCYIX 34.76 SIndustrials NO
7.10 13-09 FTQGX 24.61 FocusedStock NO
6.84 14-01 FTRNX 102.29 Trend NO
6.75 15-03 FSPGX 15.42 LargeCapGrowthIndex NO
6.66 16-03 FDSVX 36.85 Growth Discovery NO
6.65 17-05 FSRPX 15.68 SRetailing NO
6.59 18-01 FSLBX 73.32 SBrokerageandInvestmentManagement NO
6.55 19-01 FSDAX 17.00 SDefense&Aerospace NO
6.48 20-01 FDEGX 45.33 Growth Strategies NO
Last Week
15.51 01-05 FSELX 10.82 SSemiconductors
14.25 02-11 FSPTX 17.27 STechnology
12.56 03-17 FBSOX 69.34 SITServices
12.47 04-09 FOCPX 12.47 OTCPortfolio
12.00 05-14 FHKCX 36.43 ChinaRegion
11.51 06-06 FSVLX 16.93 SConsumerFinance
11.35 07-10 FSCSX 18.29 SSoftware&ITServices
11.07 08-04 FSCPX 47.70 SConsumerDiscretionary
11.00 09-10 FSEAX 44.61 EmergingAsia
10.96 10-09 FBMPX 63.21 SCommunicationServices
10.74 11-04 FSHOX 57.58 SConstructionandHousing
10.64 12-04 FSRPX 16.21 SRetailing
10.47 13-01 FDCPX 76.29 SComputers
10.41 14-01 FCYIX 35.68 SIndustrials
10.04 15-08 FTQGX 25.19 FocusedStock
9.96 16-02 FNCMX 106.34 NasdaqCompositeIndex
9.78 17-02 FBGRX 103.14 BlueChipGrowth
9.77 18-02 FSPGX 15.80 LargeCapGrowthIndex
9.67 19-03 FDLSX 15.67 SLeisure
9.50 20-02 FDSVX 37.70 Growth Discovery

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(13May19) from ChinaRegion(FSHCX)(08Apr19)
20% – Cash(22Apr19) from SGold(FSAGX)(03Feb19)
20% – SSemiconductors(FSELX)(15Apr19) from Cash(11Mar19)
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%

A week, not a buy week. The sum of all the deviations has been 669, 732, and now 738 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 17, 14, and now 30.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 3% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 5% above its 50 day moving average,
IWM (Russell 2000 ETF) is 3% 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 – it seems none of my top 20 fund deviations have been up two weeks in a row. In fact only 7 of my top 20 fund deviations are up for one week. I do not remember a time when the sum of the deviations has been up 2 weeks in a row and none of the top 20 is up. The top funds are just not moving up as fast as they have in the past

Fidelity seems to have its web site properly undated today. While I doubt it maybe my weekly calls got to someone who cares about the data they publish.
Macrovoices podcast on 02May19 featured Juliette Declercq. She discusses the Fed’s failures and suggests a interest rate cut in September. She also points out the FED change in January and China rate cuts helped stocks continue up. She suggests the FED will continue to cut rates, kill savings return, and pushing assets higher.

ChinaRegion has a price of 36.43, a sell price 34.61, a rank of 05, and is a hold. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 69.34, a sell price 66.17, a rank of 03, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 17.12, a sell price 16.42, a rank of 44, and is a hold for now. (ETF – ITA, XAR)
ChinaRegion has a price of 36.43, a sell price 34.31, a rank of 03, and is a hold. (ETF – CNXT, ASHS)
SSemiconductors has a price of 10.82, a sell price 10.28, a rank of 01, and is a hold. (ETF – FTXL, XSD)

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 – 80% 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?
15.51 01-05 FSELX 10.82 SSemiconductors
14.25 02-11 FSPTX 17.27 STechnology
12.56 03-17 FBSOX 69.34 SITServices
12.47 04-09 FOCPX 12.47 OTCPortfolio
12.00 05-14 FHKCX 36.43 ChinaRegion
11.51 06-06 FSVLX 16.93 SConsumerFinance
11.35 07-10 FSCSX 18.29 SSoftware&ITServices
11.07 08-04 FSCPX 47.70 SConsumerDiscretionary
11.00 09-10 FSEAX 44.61 EmergingAsia
10.96 10-09 FBMPX 63.21 SCommunicationServices
10.74 11-04 FSHOX 57.58 SConstructionandHousing
10.64 12-04 FSRPX 16.21 SRetailing
10.47 13-01 FDCPX 76.29 SComputers
10.41 14-01 FCYIX 35.68 SIndustrials
10.04 15-08 FTQGX 25.19 FocusedStock
9.96 16-02 FNCMX 106.34 NasdaqCompositeIndex
9.78 17-02 FBGRX 103.14 BlueChipGrowth
9.77 18-02 FSPGX 15.80 LargeCapGrowthIndex
9.67 19-03 FDLSX 15.67 SLeisure
9.50 20-02 FDSVX 37.70 Growth Discovery
Last Week
14.74 01-04 FSELX 10.66 SSemiconductors
14.71 02-10 FSPTX 17.21 STechnology Yes
13.81 03-16 FBSOX 69.65 SITServices
13.00 04-08 FBMPX 64.00 SCommunicationServices
12.85 05-08 FOCPX 12.43 OTCPortfolio
12.69 06-09 FSCSX 18.40 SSoftware&ITServices
12.12 07-05 FSVLX 16.92 SConsumerFinance
11.74 08-03 FSRPX 16.28 SRetailing Yes
11.66 09-03 FSCPX 47.67 SConsumerDiscretionary Yes
10.71 10-07 FTQGX 25.21 FocusedStock
10.64 11-13 FHKCX 35.76 ChinaRegion
10.34 12-01 FSPGX 15.80 LargeCapGrowthIndex
10.19 13-01 FBGRX 102.99 BlueChipGrowth
10.11 14-01 FDSVX 37.72 Growth Discovery
10.10 15-01 FNCMX 105.92 NasdaqCompositeIndex
10.08 16-03 FSHOX 56.91 SConstructionandHousing
9.88 17-02 FDLSX 15.62 SLeisure
9.80 18-09 FSEAX 43.87 EmergingAsia
9.80 19-01 FTRNX 104.23 Trend
9.66 20-01 FCNTX 13.12 Contrafund

IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
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(22Apr19) from SGold(FSAGX)(03Feb19)
20% – SSemiconductors(FSELX)(15Apr19) from Cash(11Mar19)
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
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%

Not a bad week, not a buy week. The sum of all the deviations
has been 730, 669, and now 732 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has
been 53, 17, and now 14.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 6% above its 50 day moving average,
IWM (Russell 2000 ETF) is 2% 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.

This year I hope to find an ETF analysis which I can use to
replace my Fidelity fund analysis. Fidelity just continues to
fail in keeping their data current. Fidelity on its website 
providing distribution says “Below are the most recently
reported distributions for Fidelity funds.” In talking with
Fidelity on 4/26, the representative does not know why the
4/12 and 4/19 distributions are not listed. And yes I did also
call on those dates. On the same site is a tab called
Estimated Capital Gains. The date reflects the February
estimates which are lower than actual capital gain
distribution in March and April. It is an estimate – obviously
not even a close guess but I think they should be able to
correctly report the past.

IRA#1
ChinaRegion has a price of 35.76, a sell price 34.49, a rank
of 11, and is a hold. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 69.65, a sell price 66.17, a rank
of 03, and is a hold. (ETF – PSJ, FTXL)
SDefense&Aerospace has a price of 17.12, a sell price 16.42, a
rank of 35, and is a hold for now. (ETF – ITA, XAR)
ChinaRegion has a price of 35.76, a sell price 34.49, a rank
of 11, and is a hold. (ETF – CNXT, ASHS)
SSemiconductors has a price of 10.66, a sell price 10.24, a
rank of 01, and is a hold. (ETF – FTXL, XSD)

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 – 80% 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?
14.74 01-04 FSELX 10.66 SSemiconductors
14.71 02-10 FSPTX 17.21 STechnology Yes
13.81 03-16 FBSOX 69.65 SITServices
13.00 04-08 FBMPX 64.00 SCommunicationServices
12.85 05-08 FOCPX 12.43 OTCPortfolio
12.69 06-09 FSCSX 18.40 SSoftware&ITServices
12.12 07-05 FSVLX 16.92 SConsumerFinance
11.74 08-03 FSRPX 16.28 SRetailing Yes
11.66 09-03 FSCPX 47.67 SConsumerDiscretionary Yes
10.71 10-07 FTQGX 25.21 FocusedStock
10.64 11-13 FHKCX 35.76 ChinaRegion
10.34 12-01 FSPGX 15.80 LargeCapGrowthIndex
10.19 13-01 FBGRX 102.99 BlueChipGrowth
10.11 14-01 FDSVX 37.72 Growth Discovery
10.10 15-01 FNCMX 105.92 NasdaqCompositeIndex
10.08 16-03 FSHOX 56.91 SConstructionandHousing
9.88 17-02 FDLSX 15.62 SLeisure
9.80 18-09 FSEAX 43.87 EmergingAsia
9.80 19-01 FTRNX 104.23 Trend
9.66 20-01 FCNTX 13.12 Contrafund
Last Week
16.93 01-03 FSELX 10.78 SSemiconductors Yes
13.59 02-09 FSPTX 16.91 STechnology Yes
12.94 03-12 FHKCX 36.30 ChinaRegion
12.44 04-15 FBSOX 68.31 SITServices
12.10 05-08 FSEAX 44.56 EmergingAsia Yes
11.19 06-02 FSRPX 16.10 SRetailing Yes
10.97 07-07 FOCPX 12.14 OTCPortfolio
10.91 08-02 FSCPX 47.06 SConsumerDiscretionary Yes
10.63 09-02 FSHOX 56.89 SConstructionandHousing
10.59 10-01 FDCPX 75.57 SComputers Yes
10.38 11-02 FSELX 25.92 SEnvironment&AlternativeEnergy
Yes
10.31 12-07 FBMPX 62.05 SCommunicationServices
10.15 13-10 FSDCX 42.18 SCommunicationsEquipment
10.06 14-08 FSCSX 17.85 SSoftware&ITServices
9.94 15-01 FIGFX 14.40 InternationalGrowth Yes
9.91 16-04 FSVLX 16.48 SConsumerFinance
9.25 17-01 FCYIX 34.94 SIndustrials
9.22 18-02 FSNGX 22.00 SNaturalGas
9.04 19-01 FDLSX 15.42 SLeisure
8.95 20-06 FTQGX 24.67 FocusedStock

IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
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(22Apr19) from SGold(FSAGX)(03Feb19)
20% – SSemiconductors(FSELX)(15Apr19) from Cash(11Mar19)
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
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%

Not a good week, not a buy week. The sum of all the deviations has been 707, 730, and now 669 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 80, 53, and now 17.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 3% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 6% above its 50 day moving average,
IWM (Russell 2000 ETF) is 1% above its 50 day moving average,
SPY, and QQQ are above their 200 day moving averages. IWM is not.
The sum of the deviations is positive.
Not a time to buy.

Ken Fisher, a billionaire investor, was on the Neil Cavuto show on 17Apr.
https://www.youtube.com/watch?v=G4Brk4uJqR0
He thinks we will have a continuing bull market. In talking about a melt up, which some are suggesting, Fisher quoted Sir John Templeton “Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria.”
He says we are clearly not euphoric yet.

IRA#1
ChinaRegion has a price of 36.30, a sell price 34.49, a rank of 03, and is a hold. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 68.31, a sell price 65.13, a rank of 04, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 18.27, a sell price 18.27, a rank of 97, and is a SELL. (ETF – GDX, GDXJ)
SDefense&Aerospace has a price of 17.00, a sell price 16.42, a rank of 33, and is a for now. (ETF – ITA, XAR)
ChinaRegion has a price of 36.30, a sell price 34.49, a rank of 03, and is a hold. (ETF – CNXT, ASHS)
SSemiconductors has a price of 10.78, a sell price 10.24, a rank of 01, and is a hold. (ETF – FTXL, XSD)

My investment changes this weekend.
IRA #1 – None
IRA #2 – Sell SGold

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% 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?
16.93 01-03 FSELX 10.78 SSemiconductors Yes
13.59 02-09 FSPTX 16.91 STechnology Yes
12.94 03-12 FHKCX 36.30 ChinaRegion
12.44 04-15 FBSOX 68.31 SITServices
12.10 05-08 FSEAX 44.56 EmergingAsia Yes
11.19 06-02 FSRPX 16.10 SRetailing Yes
10.97 07-07 FOCPX 12.14 OTCPortfolio
10.91 08-02 FSCPX 47.06 SConsumerDiscretionary Yes
10.63 09-02 FSHOX 56.89 SConstructionandHousing
10.59 10-01 FDCPX 75.57 SComputers Yes
10.38 11-02 FSELX 25.92 SEnvironment&AlternativeEnergy Yes
10.31 12-07 FBMPX 62.05 SCommunicationServices
10.15 13-10 FSDCX 42.18 SCommunicationsEquipment
10.06 14-08 FSCSX 17.85 SSoftware&ITServices
9.94 15-01 FIGFX 14.40 InternationalGrowth Yes
9.91 16-04 FSVLX 16.48 SConsumerFinance
9.25 17-01 FCYIX 34.94 SIndustrials
9.22 18-02 FSNGX 22.00 SNaturalGas
9.04 19-01 FDLSX 15.42 SLeisure
8.95 20-06 FTQGX 24.67 FocusedStock
Last Week
13.54 01-14 FBSOX 68.56 SITServices
13.53 02-02 FSELX 10.37 SSemiconductors Yes
13.49 03-11 FHKCX 36.23 ChinaRegion
13.13 04-08 FSPTX 16.72 STechnology Yes
12.39 05-09 FSDCX 42.20 SCommunicationsEquipment Yes
11.91 06-07 FSEAX 44.20 EmergingAsia Yes
11.40 07-01 FSHOX 56.97 SConstructionandHousing
10.97 08-06 FOCPX 12.07 OTCPortfolio
10.88 09-01 FSRPX 15.96 SRetailing Yes
10.88 10-06 FBMPX 62.12 SCommunicationServices Yes
10.85 11-01 FSNGX 22.22 SNaturalGas Yes
10.70 12-07 FSCSX 17.87 SSoftware&ITServices Yes
10.43 13-01 FSCPX 46.59 SConsumerDiscretionary Yes
10.22 14-03 FSVLX 16.44 SConsumerFinance Yes
9.96 15-01 FSELX 25.68 SEnvironment&AlternativeEnergy
9.65 16-05 FTQGX 24.71 FocusedStock
9.58 17-03 FSLSX 36.99 ValueStrategies Yes
9.53 18-05 FDSVX 37.15 Growth Discovery Yes
9.49 19-04 FSPGX 15.52 LargeCapGrowthIndex Yes
9.27 20-02 FSAIX 76.29 SAirTransportation Yes

IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
Feb19 1m-4% 3m-8% 6m-13% 12m-8% 24m+3% 36m+41% 60m+19% 120m+8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – Cash(22Apr19) from SGold(FSAGX)(03Feb19)
20% – SSemiconductors(FSELX)(15Apr19) from Cash(11Mar19)
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
Feb19 1m+1% 3m+0% 6m-7% 12m-4% 24m+2% 36m+24% 60m+12% 120m+37%
Average annual return since 1/82 10%

ETFs
PTNQ Feb19 1m+0% 3m+1% 6m-9% 12m+2%
QQQ Feb19 1m+3% 3m+3% 6m-7% 12m+4%

A good week, a buy week. The sum of all the deviations has been 520, 707, and now 730 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 11, 80, and now 53.
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 2% above its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
Time to buy.

It was a good week, time to buy.

I’ve not had enough time to even follow the market this week. Tax time is super busy.

IRA#1
ChinaRegion has a price of 36.23, a sell price 34.42, a rank of 03, and is a hold. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 68.56, a sell price 65.13, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 19.01, a sell price 18.72, a rank of 75, and is a hold for now. (ETF – GDX, GDXJ)
SDefense&Aerospace has a price of 16.98, a sell price 16.42, a rank of 38, and is a for now. (ETF – ITA, XAR)
ChinaRegion has a price of 36.23, a sell price 34.42, a rank of 01, and is a hold. (ETF – CNXT, ASHS)
SSemiconductors has a price of 16.98, a sell price TBD, a rank of 02, and is a BUY. (ETF – FTXL, XSD)

My investment changes this weekend.
IRA #1 – None
IRA #2 – Buy SSemiconductors

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).
%Dev Rnk SYMB Price Fund Name 2wk UP?
13.54 01-14 FBSOX 68.56 SITServices
13.53 02-02 FSELX 10.37 SSemiconductors Yes
13.49 03-11 FHKCX 36.23 ChinaRegion
13.13 04-08 FSPTX 16.72 STechnology Yes
12.39 05-09 FSDCX 42.20 SCommunicationsEquipment Yes
11.91 06-07 FSEAX 44.20 EmergingAsia Yes
11.40 07-01 FSHOX 56.97 SConstructionandHousing
10.97 08-06 FOCPX 12.07 OTCPortfolio
10.88 09-01 FSRPX 15.96 SRetailing Yes
10.88 10-06 FBMPX 62.12 SCommunicationServices Yes
10.85 11-01 FSNGX 22.22 SNaturalGas Yes
10.70 12-07 FSCSX 17.87 SSoftware&ITServices Yes
10.43 13-01 FSCPX 46.59 SConsumerDiscretionary Yes
10.22 14-03 FSVLX 16.44 SConsumerFinance Yes
9.96 15-01 FSELX 25.68 SEnvironment&AlternativeEnergy
9.65 16-05 FTQGX 24.71 FocusedStock
9.58 17-03 FSLSX 36.99 ValueStrategies Yes
9.53 18-05 FDSVX 37.15 Growth Discovery Yes
9.49 19-04 FSPGX 15.52 LargeCapGrowthIndex Yes
9.27 20-02 FSAIX 76.29 SAirTransportation Yes
Last Week
14.59 01-10 FHKCX 36.32 ChinaRegion Yes
13.79 02-13 FBSOX 68.56 SITServices Yes
12.69 03-07 FSPTX 16.54 STechnology Yes
12.46 04-01 FSELX 10.21 SSemiconductors
11.90 05-06 FSEAX 43.92 EmergingAsia Yes
11.06 06-05 FOCPX 12.01 OTCPortfolio Yes
10.50 07-08 FSDCX 41.85 SCommunicationsEquipment Yes
9.95 08-06 FSCSX 19.53 SSoftware&ITServices Yes
9.67 09-04 FTQGX 24.59 FocusedStock Yes
9.66 10-05 FBMPX 79.63 SCommunicationServices
9.60 11-02 FSVLX 16.26 SConsumerFinance Yes
9.40 12-03 FSPGX 15.43 LargeCapGrowthIndex Yes
9.30 13-05 FRESX 45.01 RealEstateInvestment
9.27 14-02 FCYIX 34.61 SIndustrials Yes
9.24 15-01 FSAIX 76.64 SAirTransportation Yes
9.19 16-04 FDSVX 36.85 Growth Discovery Yes
8.88 17-01 FNCMX 103.22 NasdaqCompositeIndex Yes
8.87 18-01 FBGRX 100.28 BlueChipGrowth Yes
8.83 19-02 FSLSX 36.55 ValueStrategies Yes
8.83 20-03 FTRNX 101.90 Trend Yes

IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
Feb19 1m-4% 3m-8% 6m-13% 12m-8% 24m+3% 36m+41% 60m+19% 120m+8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SSemiconductors(FSELX)(15Apr19) from Cash(11Mar19)
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
Feb19 1m+1% 3m+0% 6m-7% 12m-4% 24m+2% 36m+24% 60m+12% 120m+37%
Average annual return since 1/82 10%

ETFs
PTNQ Feb19 1m+0% 3m+1% 6m-9% 12m+2%
QQQ Feb19 1m+3% 3m+3% 6m-7% 12m+4%

A good week, a buy week. The sum of all the deviations has been 418, 520, and now 696 – up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 13, 11, and now 80.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 4% above its 50 day moving average,
QQQ (Nasdaq 100 ETF) is 6% above its 50 day moving average,
IWM (Russell 2000 ETF) is 3% above its 50 day moving average,
SPY, QQQ, and IWM are above their 200 day moving average.
The sum of the deviations is positive.
Time to buy.

It was a good week, time to buy.
Wealthtrack with Consuelo Mack on the latest shows indicate the different views of the market future. On March 29, Treasury Bond Maven Robert Kessler Warns of Recession Ahead & Where to Take Shelter. On March 22, Prescient Economist & Fed Expert Paul McCulley on No Recession Ahead and Fed’s Tightening Done.

IRA#1
ChinaRegion has a price of 36.32, a sell price TBD, a rank of 01, and is a buy. (ETF – CNXT, ASHS)
IRA#2
SITServices has a price of 68.56, a sell price 65.13, a rank of 02, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 19.12, a sell price 18.72, a rank of 62, and is a hold for now. (ETF – GDX, GDXJ)
SDefense&Aerospace has a price of 16.89, a sell price 16.42, a rank of 32, and is a hold this week. (ETF – ITA, XAR)
ChinaRegion has a price of 36.32, a sell price TBD, a rank of 01, and is a buy. (ETF – CNXT, ASHS)

My investment changes this weekend.
IRA #1 – Buy ChinaRegion
IRA #2 – Buy ChinaRegion

My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% 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?
14.59 01-10 FHKCX 36.32 ChinaRegion Yes
13.79 02-13 FBSOX 68.56 SITServices Yes
12.69 03-07 FSPTX 16.54 STechnology Yes
12.46 04-01 FSELX 10.21 SSemiconductors
11.90 05-06 FSEAX 43.92 EmergingAsia Yes
11.06 06-05 FOCPX 12.01 OTCPortfolio Yes
10.50 07-08 FSDCX 41.85 SCommunicationsEquipment Yes
9.95 08-06 FSCSX 19.53 SSoftware&ITServices Yes
9.67 09-04 FTQGX 24.59 FocusedStock Yes
9.66 10-05 FBMPX 79.63 SCommunicationServices
9.60 11-02 FSVLX 16.26 SConsumerFinance Yes
9.40 12-03 FSPGX 15.43 LargeCapGrowthIndex Yes
9.30 13-05 FRESX 45.01 RealEstateInvestment
9.27 14-02 FCYIX 34.61 SIndustrials Yes
9.24 15-01 FSAIX 76.64 SAirTransportation Yes
9.19 16-04 FDSVX 36.85 Growth Discovery Yes
8.88 17-01 FNCMX 103.22 NasdaqCompositeIndex Yes
8.87 18-01 FBGRX 100.28 BlueChipGrowth Yes
8.83 19-02 FSLSX 36.55 ValueStrategies Yes
8.83 20-03 FTRNX 101.90 Trend Yes
Last Week
13.58 01-12 FBSOX 67.94 SITServices
11.44 02-09 FHKCX 35.05 ChinaRegion
11.04 03-06 FSPTX 16.19 STechnology Yes
10.07 04-05 FSEAX 42.93 EmergingAsia
9.17 05-05 FSCSX 19.29 SSoftware&ITServices
8.55 06-04 FOCPX 11.67 OTCPortfolio
8.17 07-03 FTQGX 24.13 FocusedStock
7.86 08-02 FSRPX 15.65 SRetailing Yes
7.77 09-07 FSDCX 40.59 SCommunicationsEquipment
7.66 10-02 FSRNX 16.55 RealEstateIndex Yes
7.61 11-03 FDSVX 36.14 Growth Discovery
7.56 12-01 FSVLX 15.89 SConsumerFinance
7.48 13-01 FSCPX 45.80 SConsumerDiscretionary Yes
7.45 14-01 FSLSX 35.92 ValueStrategies
7.42 15-02 FTRNX 100.12 Trend
7.38 16-02 FSPGX 15.07 LargeCapGrowthIndex Yes
7.24 17-01 FCYIX 33.80 SIndustrials
7.13 18-04 FRESX 43.90 RealEstateInvestment
6.85 19-04 FBMPX 77.19 SCommunicationServices
6.84 20-01 FDSSX 44.18 StockSelectorAllCap

IRA#1 is currently invested in:
100% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
Feb19 1m-4% 3m-8% 6m-13% 12m-8% 24m+3% 36m+41% 60m+19% 120m+8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – ChinaRegion(FSHCX)(08Apr19) from Cash(11Mar19)
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
20% – Cash(11Mar19) from LatinAmerica(FLATX)(22Jan19)
Feb19 1m+1% 3m+0% 6m-7% 12m-4% 24m+2% 36m+24% 60m+12% 120m+37%
Average annual return since 1/82 10%

ETFs
PTNQ Feb19 1m+0% 3m+1% 6m-9% 12m+2%
QQQ Feb19 1m+3% 3m+3% 6m-7% 12m+4%

Not a good week, not a buy week. The sum of all the deviations has been 544, 418, and now 420 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 03, 13, and now 11.
In reviewing some of the market indicators:
SPY (S&P500 ETF) is 3% above its 50 day moving average, 
QQQ (Nasdaq 100 ETF) is 4% above its 50 day moving average,
IWM (Russell 2000 ETF) is 0% above its 50 day moving average,
SPY and QQQ are above their 200 day moving average. IWM is not.
The sum of the deviations is positive.
Not a time to buy.

It was the end of the quarter and as always money managers buy up those investments which have done well so when the reports come out they look like their portfolios are filled with winners. It is called window dressing and happens at the end of the quarter and sometimes the end of the month.

An interesting presentation on an inverted yield curve is available at https://www.thebalance.com/inverted-yield-curve-3305856 . Not every invesion results in a recession but since we are now have an inversion yield curve it is a concern.

IRA#1
none
IRA#2
SITServices has a price of 67.94, a sell price 64.54, a rank of 01, and is a hold. (ETF – PSJ, FTXL)
SGold has a price of 19.18, a sell price 18.72, a rank of 25, and is a hold for now. (ETF – GDX, GDXJ) 
SDefense&Aerospace has a price of 16.49, a sell price 16.42, a rank of 35, and it was a sell last week but moved to a hold this week. (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 –  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).
%Dev Rnk SYMB Price Fund Name          2wk UP?
13.58 01-12 FBSOX 67.94 SITServices  
11.44 02-09 FHKCX 35.05 ChinaReqion  
11.04 03-06 FSPTX 16.19 STechnology Yes
10.07 04-05 FSEAX 42.93 EmergingAsia  
9.17 05-05 FSCSX 19.29 SSoftware&ITServices  
8.55 06-04 FOCPX 11.67 OTCPortfolio  
8.17 07-03 FTQGX 24.13 FocusedStock  
7.86 08-02 FSRPX 15.65 SRetailing Yes
7.77 09-07 FSDCX 40.59 SCommunicationsEquipment  
7.66 10-02 FSRNX 16.55 RealEstateIndex Yes
7.61 11-03 FDSVX 36.14 Growth Discovery  
7.56 12-01 FSVLX 15.89 SConsumerFinance  
7.48 13-01 FSCPX 45.80 SConsumerDiscretionary Yes
7.45 14-01 FSLSX 35.92 ValueStrategies  
7.42 15-02 FTRNX 100.12 Trend  
7.38 16-02 FSPGX 15.07 LargeCapGrowthIndex Yes
7.24 17-01 FCYIX 33.80 SIndustrials  
7.13 18-04 FRESX 43.90 RealEstateInvestment  
6.85 19-04 FBMPX 77.19 SCommunicationServices  
6.84 20-01 FDSSX 44.18 StockSelectorAllCap    
Last Week
11.62 01-11 FBSOX 66.29 SITServices  
10.87 02-05 FSPTX 16.07 STechnology Yes
9.62 03-08 FHKCX 34.27 ChinaReqion  
8.65 04-04 FSEAX 42.15 EmergingAsia  
8.45 05-04 FSCSX 19.07 SSoftware&ITServices  
8.30 06-03 FSAGX 19.41 SGold  
8.20 07-03 FOCPX 11.58 OTCPortfolio  
7.79 08-03 FBMPX 77.59 SCommunicationServices  
7.54 09-03 FRESX 43.90 RealEstateInvestment  
7.44 10-03 FSUTX 88.26 SUtilities  
7.04 11-02 FSELX 9.62 SSemiconductors  
6.85 12-01 FSRNX 16.36 RealEstateIndex Yes
6.84 13-02 FTQGX 23.73 FocusedStock  
6.54 14-02 FDSVX 35.64 Growth Discovery  
6.36 15-01 FSPGX 14.87 LargeCapGrowthIndex Yes
6.34 16-01 FTRNX 98.72 Trend  
6.13 17-06 FSDCX 39.81 SCommunicationsEquipment  
6.09 18-01 FSRPX 15.33 SRetailing Yes
5.99 19-01 FAMRX 18.75 Asset Manager 85%  
5.99 20-01 FBGRX 96.83 BlueChipGrowth  

IRA#1 is currently invested in:
100% – Cash(11Mar19) from LatinAmerica(FLATX)(22Jan19) 
Feb19 1m-4% 3m-8% 6m-13% 12m-8% 24m+3% 36m+41% 60m+19% 120m+8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – SDefense&Aerospace(FSDAX)(25Feb19) from Cash(24Sep18)
20% – SGold(FSAGX)(03Feb19) from Cash(15Oct18)
20% – SITServices(FBSOX)(28Jan19) from Cash(15Oct18)
20% – Cash(11Mar19) from LatinAmerica(FLATX)(22Jan19) 
20% – Cash(17Dec18) from SHealthCareServices(FSHCX)(12Nov18)
Feb19 1m+1% 3m+0% 6m-7% 12m-4% 24m+2% 36m+24% 60m+12% 120m+37%
Average annual return since 1/82 10%

ETFs
PTNQ Feb19 1m+0% 3m+1% 6m-9% 12m+2% 
QQQ  Feb19 1m+3% 3m+3% 6m-7% 12m+4%