|Fund Name and Rating||Short-Term Trend|
|Fidelity Select Energy Service (FSESX) - Rated HOLD||emerging|
|Rated BUY Fidelity Select Construction & Housing (FSHOX) - Gained 5.28% since 2020-07-23||advancing; rally; new high|
|New Rating Fidelity Real Estate Investment (FRESX) - Newly rated HOLD||emerging|
|Rated BUY Fidelity Select Automotive (FSAVX) - Gained 7.67% since 2020-07-13||advancing; rally|
|Rated BUY Fidelity Select Retailing (FSRPX) - Gained 20.7% since 2020-05-19||advancing; rally|
|Rated BUY Fidelity Select Consumer Discretionary (FSCPX) - Gained 10.39% since 2020-06-02||advancing; rally; new high|
|Rated BUY Fidelity Select Multimedia (FBMPX) - Gained 16.28% since 2020-05-19||advancing; rally|
|New Rating Fidelity Select Leisure (FDLSX) - Newly rated HOLD||advancing|
|Fund Name and Rating||Short-Term Trend|
|Fidelity Select Air Transportation (FSAIX) - Rated HOLD||emerging|
|Rated BUY Fidelity Select Transportation (FSRFX) - Gained 5.22% since 2020-07-31||advancing; rally; new high|
|New Rating Fidelity Select Environment & Alt Energy (FSLEX) - Newly upgraded to BUY rating||advancing|
|Rated BUY Fidelity Select Industrials (FCYIX) - Gained 1.58% since 2020-08-06||advancing; rally; new high|
|Fidelity Select Consumer Finance (FSVLX) - Rated HOLD||emerging|
|New Rating Fidelity Select Banking (FSRBX) - Newly rated HOLD||emerging|
|New Rating Fidelity Select Financial Services (FIDSX) - Newly rated HOLD||emerging|
|Fidelity Select Insurance (FSPCX) - Rated HOLD||emerging|
|Rated BUY Fidelity Select Technology (FSPTX) - Gained 19.9% since 2020-06-01||advancing; rally|
|Rated BUY Fidelity Select Computers (FDCPX) - Gained 7.9% since 2020-07-13||advancing; rally|
|Rated BUY Fidelity Select Semiconductors (FSELX) - Gained 15.81% since 2020-05-21||advancing; rally|
|Rated BUY Fidelity Select Communications Equipment (FSDCX) - Gained 4.23% since 2020-07-28||advancing; rally|
|Rated BUY Fidelity Select IT Services (FBSOX) - Gained 10.91% since 2020-05-27||advancing; rally|
|Rated BUY Fidelity Select Software & Computer Svcs (FSCSX) - Gained 14.14% since 2020-05-21||advancing; rally|
|Rated BUY Fidelity Select Materials (FSDPX) - Gained 2.83% since 2020-07-15||advancing; rally|
|Rated BUY Fidelity Select Chemicals (FSCHX) - Gained 3.07% since 2020-07-20||advancing; rally|
|Rated BUY Fidelity Select Gold (FSAGX) - Gained 26.33% since 2020-04-23||advancing; rally|
|Rated BUY Fidelity Select Wireless (FWRLX) - Gained 7.71% since 2020-07-07||advancing; rally|
|Rated BUY Fidelity Select Medical Equipment (FSMEX) - Gained 15.53% since 2020-05-08||advancing; rally|
The goal of the fund ratings page is to follow the short-term trends of investments that are not only long-term bullish, but also outperform the market, and show strong momentum.
First, we start with the "bullish leader" investments that are highlighted in blue on the momentum screen page.
Next, we analyze their short-term trends and rate them BUY, SELL or HOLD, accordingly. All other sector funds are rated SELL.
When a new investment trend gets under way, we classify the corresponding sector fund as “emerging”.
If the strong performance continues, the fund will be designated as “advancing”.
The advancing stage can last for several months in a strong bull market. That’s why we also keep track of short rallies and even new highs.
Eventually, the advance will reverse and the short-term trend will change to either “pullback” or “correction”, depending on the severity of the decline.
What to look for? The most profitable sector investments will progress in multiple "waves" of advance and pullback, which makes it easier to build up a larger investment. For example, the first investment position can be established when the trend is still new and additional investments can be purchased in the same sector fund when the long-term trend gets re-confirmed after a pullback. Go to the sector selector to see the current trade ideas.
© 2019 Axiomix, Inc.
Axiomix, Inc. is not a registered investment adviser. The material provided on this website is for general informational purposes only and is not intended as investment advice. Past performance does not guarantee future results.