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, Jun 18 2019, 19:03 EDT.



Top Rated Industry Groups

Financials

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Insurance (FSPCX) - Gained 10.04% since 2019-02-26advancing; rally
Fidelity Select Brokerage and Inv Mgmt (FSLBX) - Rated SELLcorrection
Fidelity Select Financial Services (FIDSX) - Rated SELLcorrection
Fidelity Select Banking (FSRBX) - Rated SELLcorrection
Fidelity Select Consumer Finance (FSVLX) - Rated SELLcorrection

Industrials

New Rating   Fidelity Select Defense and Aerospace (FSDAX) - Newly upgraded to BUY ratingadvancing
Fidelity Select Industrials (FCYIX) - Rated SELLcorrection

Consumer Cyclical

Rated BUY Fidelity Select Leisure (FDLSX) - Gained 1.41% since 2019-06-10advancing; rally; new high
New Rating   Fidelity Select Consumer Discretionary (FSCPX) - Newly upgraded to BUY rating New   advancing

More Long-Term Bullish Sectors

Real Estate

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Construction & Housing (FSHOX) - Gained 0.17% since 2019-06-17advancing; rally; new high
Rated BUY Fidelity Real Estate Investment (FRESX) - Gained 2.77% since 2019-05-28advancing; rally

Technology

Rated BUY Fidelity Select IT Services (FBSOX) - Gained -0.56% since 2019-06-10advancing; rally
Fidelity Select Software & Computer Svcs (FSCSX) - Rated SELLcorrection

Consumer Staples

Rated BUY Fidelity Select Consumer Staples (FDFAX) - Gained -0.75% since 2019-06-12advancing; rally

Precious Metals

Fidelity Select Gold (FSAGX) - Rated HOLDadvancing; rally; new high

Telecom

Fidelity Select Wireless (FWRLX) - Rated SELLcorrection
Fidelity Select Telecommunications (FSTCX) - Rated SELLcorrection

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.