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, Jul 20 2018, 21:22 EDT.



Top Rated Industry Groups

Technology

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Select Software & Computer Svcs (FSCSX) - Gained 4.58% since 2018-06-04advancing; rally
Rated BUY Fidelity Select IT Services (FBSOX) - Gained 4.69% since 2018-06-05advancing; rally
Fidelity Select Semiconductors (FSELX) - Rated HOLDemerging
Fidelity Select Computers (FDCPX) - Rated HOLDadvancing; rally

Health Care

Fidelity Select Biotechnology (FBIOX) - Rated HOLDemerging
Rated BUY Fidelity Select Medical Equipment (FSMEX) - Gained 8.09% since 2018-05-11advancing; rally; new high
Rated BUY Fidelity Select Health Care (FSPHX) - Gained 6.13% since 2018-05-29advancing; rally
Fidelity Select Medical Delivery (FSHCX) - Rated HOLDadvancing; rally

Consumer Cyclical

Rated BUY Fidelity Select Retailing (FSRPX) - Gained 3.87% since 2018-06-05advancing; rally
Rated BUY Fidelity Select Multimedia (FBMPX) - Gained -1.29% since 2018-07-13advancing; rally
Rated BUY Fidelity Select Consumer Discretionary (FSCPX) - Gained -0.13% since 2018-07-16advancing; rally

More Long-Term Bullish Sectors

Real Estate

Fund Name and Rating Short-Term Trend
Rated BUY Fidelity Real Estate Investment (FRESX) - Gained 4.06% since 2018-05-07pullback
Fidelity Select Construction & Housing (FSHOX) - Rated HOLDemerging

Financials

Fidelity Select Consumer Finance (FSVLX) - Rated HOLDemerging

Energy

Rated BUY Fidelity Select Natural Gas (FSNGX) - Gained -2.07% since 2018-07-09advancing; rally

Utilities

Rated BUY Fidelity Select Utilities (FSUTX) - Gained 3.9% since 2018-04-27advancing

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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© 2018 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.