AI
Sunday, January 28, 2018 7:42:35 AM
Puzzled by SS recommendations. I haven't seen a change in the top recommendation - FSELX Fidelity Select Semiconductors - in months even though it has significantly under performed most of the other funds (until Friday). It's been a great month mainly because I haven't followed SS recommendation.
I sold FSESX on Tue day 31 for a 14% gain
Holding FBIOX about six weeks at +15.6% (2x double weight)
Holding FSAGX about 10 weeks at +7% (1x single weight)
Added FSUTX on Tue at +1.9% (1x single weight)
Money Market - Waiting for pullback (2x double weight)
My strategy at the moment is
1) Focus on the funds in my portfolio
2) Look for support and resistance points particularly with upper and lower limits of channels.
3) Stray outside of portfolio for oversold situations - price drop in an uptrend
I sold FSESX on Tue day 31 for a 14% gain
Holding FBIOX about six weeks at +15.6% (2x double weight)
Holding FSAGX about 10 weeks at +7% (1x single weight)
Added FSUTX on Tue at +1.9% (1x single weight)
Money Market - Waiting for pullback (2x double weight)
My strategy at the moment is
1) Focus on the funds in my portfolio
2) Look for support and resistance points particularly with upper and lower limits of channels.
3) Stray outside of portfolio for oversold situations - price drop in an uptrend
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
