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.

Wed, Oct 18 2017, 21:12 EDT.



Top Rated Industry Groups

Consumer Cyclical

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Automotive (FSAVX) - Gained 6.78% since 2017-09-13advancing; rally; new high+

Industrials

Rated BUY Fidelity Select Defense and Aerospace (FSDAX) - Gained 18.43% since 2017-04-25advancing; rally
Rated BUY Fidelity Select Air Transportation (FSAIX) - Gained 5.56% since 2017-09-13advancing
Rated BUY Fidelity Select Industrial Equipment (FSCGX) - Gained 0.7% since 2017-10-02advancing; rally
Fidelity Select Industrials (FCYIX) - Rated HOLDadvancing; rally
Rated BUY Fidelity Select Transportation (FSRFX) - Gained -0.71% since 2017-10-13advancing

Technology

New Rating   Fidelity Select Semiconductors (FSELX) - Newly upgraded to BUY ratingadvancing
Rated BUY Fidelity Select Technology (FSPTX) - Gained 7.89% since 2017-07-19advancing; rally
Rated BUY Fidelity Select IT Services (FBSOX) - Gained 16.41% since 2017-04-25advancing; rally
Rated BUY Fidelity Select Software & Computer Svcs (FSCSX) - Gained 6.23% since 2017-07-14advancing; rally; new high+
Fidelity Select Computers (FDCPX) - Rated HOLDadvancing; rally; new high

More Long-Term Bullish Sectors

Materials

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Chemicals (FSCHX) - Gained 8.28% since 2017-07-26advancing; rally
Rated BUY Fidelity Global Commodity Stock (FFGCX) - Gained 3.03% since 2017-09-13advancing; rally ended
Rated BUY Fidelity Select Materials (FSDPX) - Gained 4.24% since 2017-09-13advancing; rally

Financials

Rated BUY Fidelity Select Consumer Finance (FSVLX) - Gained 7.7% since 2017-07-05advancing; rally; new high
Rated BUY Fidelity Select Brokerage and Inv Mgmt (FSLBX) - Gained 4.74% since 2017-09-20advancing; rally
Fidelity Select Financial Services (FIDSX) - Rated HOLDadvancing; rally

Real Estate

Fidelity Select Construction & Housing (FSHOX) - Rated HOLDadvancing; rally ended

Health Care

Rated BUY Fidelity Select Biotechnology (FBIOX) - Gained 3.93% since 2017-07-21advancing

Energy

Fidelity Select Natural Resources (FNARX) - Rated HOLDemerging
Fidelity Select Energy (FSENX) - Rated HOLDemerging

Explain

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.

Back to top

© 2017 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.