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, Oct 11 2019, 21:11 EDT.



Top Rated Industry Groups

Real Estate

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Construction & Housing (FSHOX) - Gained 3.79% since 2019-08-30advancing; new rally started
Rated BUY Fidelity Real Estate Investment (FRESX) - Gained 3.36% since 2019-08-20advancing; rally

Telecom

Rated BUY Fidelity Select Wireless (FWRLX) - Gained 3.02% since 2019-10-08advancing; rally; new high
Fidelity Select Telecommunications (FSTCX) - Rated HOLDemerging

Utilities

Rated BUY Fidelity Select Telecom & Utils (FIUIX) - Gained 7.94% since 2019-06-17advancing
Rated BUY Fidelity Select Utilities (FSUTX) - Gained 6.24% since 2019-06-06advancing

More Long-Term Bullish Sectors

Technology

Fund Name and Rating Short-Term Trend
Fidelity Select Computers (FDCPX) - Rated HOLDemerging
Rated BUY Fidelity Select Semiconductors (FSELX) - Gained -2.95% since 2019-09-12advancing
Fidelity Select Technology (FSPTX) - Rated SELLcorrection

Financials

Fidelity Select Banking (FSRBX) - Rated HOLDemerging
Fidelity Select Financial Services (FIDSX) - Rated HOLDemerging

Health Care

Fidelity Select Pharmaceuticals (FPHAX) - Rated HOLDemerging

Consumer Cyclical

Fidelity Select Retailing (FSRPX) - Rated HOLDemerging
Rated BUY Fidelity Select Automotive (FSAVX) - Gained -3.42% since 2019-09-12pullback
Fidelity Select Multimedia (FBMPX) - Rated SELLcorrection

Consumer Staples

Fidelity Select Consumer Staples (FDFAX) - 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.

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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.