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, Aug 17 2017, 21:13 EDT.



Top Rated Industry Groups

Industrials

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Defense and Aerospace (FSDAX) - Gained 7.81% since 2017-04-25advancing; rally ended
New Rating   Fidelity Select Air Transportation (FSAIX) - Newly downgraded to SELL rating New   correction

Utilities

Rated BUY Fidelity Select Utilities (FSUTX) - Gained 1.04% since 2017-07-31advancing; rally
Fidelity Select Telecom & Utils (FIUIX) - Rated HOLDemerging

Financials

New Rating   Fidelity Select Brokerage and Inv Mgmt (FSLBX) - Newly downgraded to SELL rating New   correction
Rated BUY Fidelity Select Consumer Finance (FSVLX) - Gained 0.21% since 2017-07-05pullback
Rated BUY Fidelity Select Financial Services (FIDSX) - Gained -2.69% since 2017-07-25pullback
Rated BUY Fidelity Select Insurance (FSPCX) - Gained 0.29% since 2017-07-10pullback

More Long-Term Bullish Sectors

Health Care

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Biotechnology (FBIOX) - Gained -6.33% since 2017-07-21pullback
Fidelity Select Health Care (FSPHX) - Rated SELLcorrection
Fidelity Select Medical Equipment (FSMEX) - Rated SELLcorrection

Technology

Rated BUY Fidelity Select IT Services (FBSOX) - Gained 7.89% since 2017-04-25advancing; rally
Rated BUY Fidelity Select Technology (FSPTX) - Gained -0.88% since 2017-07-19advancing; rally
Rated BUY Fidelity Select Software & Computer Svcs (FSCSX) - Gained -1.08% since 2017-07-14pullback

Consumer Cyclical

Fidelity Select Multimedia (FBMPX) - Rated HOLDemerging

Materials

Rated BUY Fidelity Select Chemicals (FSCHX) - Gained -3.51% since 2017-07-26pullback

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.

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© 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.