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.

Fri, Aug 7 2020, 22:21 EDT.



Top Rated Industry Groups

Energy

Fund Name and Rating Short-Term Trend
Fidelity Select Energy Service (FSESX) - Rated HOLDemerging

Real Estate

Rated BUY Fidelity Select Construction & Housing (FSHOX) - Gained 5.28% since 2020-07-23advancing; rally; new high
New Rating   Fidelity Real Estate Investment (FRESX) - Newly rated HOLDemerging

Consumer Cyclical

Rated BUY Fidelity Select Automotive (FSAVX) - Gained 7.67% since 2020-07-13advancing; rally
Rated BUY Fidelity Select Retailing (FSRPX) - Gained 20.7% since 2020-05-19advancing; rally
Rated BUY Fidelity Select Consumer Discretionary (FSCPX) - Gained 10.39% since 2020-06-02advancing; rally; new high
Rated BUY Fidelity Select Multimedia (FBMPX) - Gained 16.28% since 2020-05-19advancing; rally
New Rating   Fidelity Select Leisure (FDLSX) - Newly rated HOLDadvancing

More Long-Term Bullish Sectors

Industrials

Fund Name and Rating Short-Term Trend
Fidelity Select Air Transportation (FSAIX) - Rated HOLDemerging
Rated BUY Fidelity Select Transportation (FSRFX) - Gained 5.22% since 2020-07-31advancing; rally; new high
New Rating   Fidelity Select Environment & Alt Energy (FSLEX) - Newly upgraded to BUY ratingadvancing
Rated BUY Fidelity Select Industrials (FCYIX) - Gained 1.58% since 2020-08-06advancing; rally; new high

Financials

Fidelity Select Consumer Finance (FSVLX) - Rated HOLDemerging
New Rating   Fidelity Select Banking (FSRBX) - Newly rated HOLDemerging
New Rating   Fidelity Select Financial Services (FIDSX) - Newly rated HOLDemerging
Fidelity Select Insurance (FSPCX) - Rated HOLDemerging

Technology

Rated BUY Fidelity Select Technology (FSPTX) - Gained 19.9% since 2020-06-01advancing; rally
Rated BUY Fidelity Select Computers (FDCPX) - Gained 7.9% since 2020-07-13advancing; rally
Rated BUY Fidelity Select Semiconductors (FSELX) - Gained 15.81% since 2020-05-21advancing; rally
Rated BUY Fidelity Select Communications Equipment (FSDCX) - Gained 4.23% since 2020-07-28advancing; rally
Rated BUY Fidelity Select IT Services (FBSOX) - Gained 10.91% since 2020-05-27advancing; rally
Rated BUY Fidelity Select Software & Computer Svcs (FSCSX) - Gained 14.14% since 2020-05-21advancing; rally

Materials

Rated BUY Fidelity Select Materials (FSDPX) - Gained 2.83% since 2020-07-15advancing; rally
Rated BUY Fidelity Select Chemicals (FSCHX) - Gained 3.07% since 2020-07-20advancing; rally

Precious Metals

Rated BUY Fidelity Select Gold (FSAGX) - Gained 26.33% since 2020-04-23advancing; rally

Telecom

Rated BUY Fidelity Select Wireless (FWRLX) - Gained 7.71% since 2020-07-07advancing; rally

Health Care

Rated BUY Fidelity Select Medical Equipment (FSMEX) - Gained 15.53% since 2020-05-08advancing; rally

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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© 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.