Fund Ratings

Identify the top rated sector investments of the current market cycle

Fund ratings are based on the results of our momentum screen and are used as input for the sector selector.

Thu, Jan 23 2020, 21:11 EDT.

Top Rated Industry Groups


Fund Name and Rating Short-Term Trend
Fidelity Select Semiconductors (FSELX) - advancing; rally; new high
Rated BUY Fidelity Select Computers (FDCPX) - Gained 16.55% since 2019-11-04advancing; rally; new high
Fidelity Select Technology (FSPTX) - advancing; rally; new high+
Fidelity Select IT Services (FBSOX) - advancing; rally; new high
Fidelity Select Software & Computer Svcs (FSCSX) - advancing; rally; new high
Fidelity Select Communications Equipment (FSDCX) -

Health Care

Fidelity Select Medical Delivery (FSHCX) - advancing; rally
Fidelity Select Health Care (FSPHX) - advancing; rally
Fidelity Select Pharmaceuticals (FPHAX) - advancing; rally
Rated BUY Fidelity Select Medical Equipment (FSMEX) - Gained 7.44% since 2019-12-09advancing; rally; new high
Fidelity Select Biotechnology (FBIOX) - New   correction


Fidelity Select Brokerage and Inv Mgmt (FSLBX) - advancing; rally
Fidelity Select Consumer Finance (FSVLX) - advancing; rally; new high
Fidelity Select Insurance (FSPCX) - advancing; rally
Fidelity Select Banking (FSRBX) - correction

More Long-Term Bullish Sectors


Fund Name and Rating Short-Term Trend
Fidelity Select Wireless (FWRLX) - advancing; rally; new high
Fidelity Select Telecommunications (FSTCX) - advancing; rally

Consumer Cyclical

Fidelity Select Leisure (FDLSX) - advancing; rally
Fidelity Select Automotive (FSAVX) - New   advancing; rally
Fidelity Select Consumer Discretionary (FSCPX) - advancing; rally
Fidelity Select Retailing (FSRPX) - advancing; rally


Fidelity Select Industrials (FCYIX) - advancing; rally
Fidelity Select Defense and Aerospace (FSDAX) - advancing; rally
Fidelity Select Air Transportation (FSAIX) - advancing; rally
Fidelity Select Transportation (FSRFX) - advancing; rally


Fidelity Select Energy Service (FSESX) - pullback
Fidelity Select Natural Gas (FSNGX) - pullback
Fidelity Select Natural Resources (FNARX) - pullback
Fidelity Select Energy (FSENX) - pullback


Fidelity Select Chemicals (FSCHX) - pullback
Fidelity Select Materials (FSDPX) - advancing


Fidelity Select Utilities (FSUTX) - advancing; rally; new high
Fidelity Select Telecom & Utils (FIUIX) -

Real Estate

Fidelity Real Estate Investment (FRESX) - emerging; new high


Fund Ratings

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.

Short-Term Trends

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.

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© 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.