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.

Tue, Apr 20 2021, 22:21 EDT.



Top Rated Industry Groups

Financials

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Banking (FSRBX) - Gained 40.56% since 2020-11-17advancing; rally
Rated BUY Fidelity Select Financial Services (FIDSX) - Gained 32.52% since 2020-11-17advancing; rally
Rated BUY Fidelity Select Consumer Finance (FSVLX) - Gained 34.43% since 2020-11-10advancing; rally
Rated BUY Fidelity Select Brokerage and Inv Mgmt (FSLBX) - Gained 7.19% since 2021-02-16advancing; rally

Real Estate

Rated BUY Fidelity Select Construction & Housing (FSHOX) - Gained 28.72% since 2020-11-12advancing; rally
Rated BUY Fidelity Real Estate Investment (FRESX) - Gained 4.23% since 2021-03-29advancing; rally

Industrials

Rated BUY Fidelity Select Air Transportation (FSAIX) - Gained 8.66% since 2021-02-09advancing; rally
Rated BUY Fidelity Select Defense and Aerospace (FSDAX) - Gained 12.41% since 2020-11-25advancing; rally
Rated BUY Fidelity Select Transportation (FSRFX) - Gained 11.69% since 2020-11-16pullback

More Long-Term Bullish Sectors

Energy

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Natural Resources (FNARX) - Gained 18.81% since 2020-12-07pullback
Fidelity Select Energy (FSENX) - Rated SELLcorrection

Materials

Rated BUY Fidelity Select Materials (FSDPX) - Gained 8.37% since 2021-02-22advancing; rally
Rated BUY Fidelity Select Chemicals (FSCHX) - Gained 29.36% since 2020-10-12advancing; rally

Technology

Rated BUY Fidelity Select Computers (FDCPX) - Gained 1.74% since 2021-04-06advancing; rally
Rated BUY Fidelity Select Communications Equipment (FSDCX) - Gained -0.14% since 2021-03-16advancing; rally

Consumer Cyclical

Fidelity Select Leisure (FDLSX) - Rated SELLcorrection
Rated BUY Fidelity Select Multimedia (FBMPX) - Gained 13.76% since 2020-11-25advancing

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.