The FIDELITY SELECTOR is included in your Decision Point web site
subscription.
Subscribe Now!
[About This Newsletter]
DECISION POINT
FIDELITY SELECT TRACKER DAILY REPORT
Tuesday, 8/31/2010
****************************************************************************
The Decision Point Fidelity Select Tracker is a daily publication
specializing in Fidelity Select mutual funds. It provides momentum analysis,
strength ranking and BUY and SELL Signals. This newsletter is included as
part of a DecisionPoint.com PRIME web site subscription.
****************************************************************************
INFORMATION CONTAINED HEREIN IS TO ASSIST FURTHER RESEARCH AND IS NEITHER A
SOLICITATION NOR RECOMMENDATION TO BUY OR SELL ANY SECURITY. PAST
PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.
****************************************************************************
DISTRIBUTIONS: None today.
****************************************************************************
TODAY'S RESULTS AND PRICE CHANGE ANALYSIS
08/31 WTD MTD YTD
Close $ %age %Price %Price %Price
Name Sym NAV Change Change Change Change Change
---------------- ----- ------ ------ ------ ------ ------ ------
Air Transprt FSAIX 35.47 -0.06 -0.2% -1.4% -6.8% +11%
Automotive FSAVX 31.62 -0.07 -0.2% -2.5% -6.9% +2%
Banking FSRBX 14.80 +0.13 +0.9% -2.3% -12.6% -3%
Biotech FBIOX 61.98 -0.25 -0.4% -1.5% -3.3% -5%
Brokerage FSLBX 43.09 +0.21 +0.5% -1.8% -7.6% -9%
Chemical FSCHX 73.64 -0.07 -0.1% -1.6% -2.0% 0%
Comm Equip FSDCX 20.70 -0.13 -0.6% -2.4% -5.5% 0%
Computers FDCPX 43.18 -0.17 -0.4% -1.3% -6.0% -5%
Const/Housng FSHOX 28.08 +0.08 +0.3% -1.8% -3.7% -3%
Consum Stpls FDFAX 60.66 +0.11 +0.2% -0.7% -2.1% 0%
Consumer Ind FSCPX 19.24 0.00 0.0% -2.0% -4.5% +2%
Defnc/Aerosp FSDAX 60.83 -0.39 -0.6% -2.3% -7.4% +1%
Electronics FSELX 34.61 -0.65 -1.8% -4.3% -9.8% -16%
Energy FSENX 38.30 -0.10 -0.3% -1.7% -5.3% -13%
Energy Svcs FSESX 50.97 -0.54 -1.0% -2.6% -7.2% -12%
Environment FSLEX 15.05 -0.02 -0.1% -1.3% -4.1% -3%
Financl Svcs FIDSX 51.60 +0.13 +0.3% -2.3% -11.1% -11%
Globl Commod FFGCX 13.53 +0.02 +0.1% -1.0% -0.5% -8%
Gold FSAGX 49.35 +0.70 +1.4% +0.6% +10.6% +16%
Health Care FSPHX 100.51 -0.79 -0.8% -2.0% -3.1% -6%
Home Finance FSVLX 10.16 +0.08 +0.8% -1.8% -11.5% -7%
Indust Equip FSCGX 25.60 -0.05 -0.2% -2.1% -7.6% +1%
Industrials FCYIX 18.39 -0.04 -0.2% -2.0% -7.2% +2%
Insurance FSPCX 40.78 +0.39 +1.0% -0.9% -4.3% +3%
IT Services FBSOX 16.75 -0.13 -0.8% -2.3% -4.3% -6%
Leisure FDLSX 73.11 -0.26 -0.4% -2.1% -4.1% +10%
Materials FSDPX 52.31 +0.20 +0.4% -1.0% -2.7% -3%
Medical Del FSHCX 39.12 -0.45 -1.1% -2.7% -3.5% -9%
Medical Eqp FSMEX 21.95 -0.23 -1.0% -2.4% -5.6% -10%
Multimedia FBMPX 35.08 +0.20 +0.6% -1.0% -5.1% +3%
Natural Gas FSNGX 26.66 -0.09 -0.3% -1.4% -4.3% -15%
Natural Res FNARX 25.49 -0.01 0.0% -1.4% -4.4% -10%
Pharmaceutcl FPHAX 10.76 0.00 0.0% -1.1% +0.6% -1%
Retailing FSRPX 41.34 -0.03 -0.1% -2.3% -2.6% -1%
Softwr/Compt FSCSX 70.80 -0.15 -0.2% -1.8% -2.7% -7%
Technology FSPTX 73.20 -0.17 -0.2% -1.7% -3.4% -3%
Telecom FSTCX 39.96 +0.40 +1.0% -0.5% -1.6% 0%
Telecom/Util FIUIX 14.62 +0.09 +0.6% -0.8% +1.0% +6%
Transport FSRFX 45.10 +0.21 +0.5% -1.1% -7.3% +15%
Utilities FSUTX 46.06 +0.15 +0.3% -1.1% +1.7% +3%
Wireless FWRLX 6.73 +0.06 +0.9% -0.6% -2.3% 0%
Average 0.0% -1.7% -4.4% -2%
****************************************************************************
FIDELITY SELECT FUNDS SORTED BY TODAY'S PERCENTAGE CHANGE
08/31 WTD MTD YTD
Close $ %age %Price %Price %Price
Name Sym NAV Change Change Change Change Change
---------------- ----- ------ ------ ------ ------ ------ ------
Gold FSAGX 49.35 +0.70 +1.4% +0.6% +10.6% +16%
Insurance FSPCX 40.78 +0.39 +1.0% -0.9% -4.3% +3%
Telecom FSTCX 39.96 +0.40 +1.0% -0.5% -1.6% 0%
Banking FSRBX 14.80 +0.13 +0.9% -2.3% -12.6% -3%
Wireless FWRLX 6.73 +0.06 +0.9% -0.6% -2.3% 0%
Home Finance FSVLX 10.16 +0.08 +0.8% -1.8% -11.5% -7%
Multimedia FBMPX 35.08 +0.20 +0.6% -1.0% -5.1% +3%
Telecom/Util FIUIX 14.62 +0.09 +0.6% -0.8% +1.0% +6%
Brokerage FSLBX 43.09 +0.21 +0.5% -1.8% -7.6% -9%
Transport FSRFX 45.10 +0.21 +0.5% -1.1% -7.3% +15%
Materials FSDPX 52.31 +0.20 +0.4% -1.0% -2.7% -3%
Const/Housng FSHOX 28.08 +0.08 +0.3% -1.8% -3.7% -3%
Financl Svcs FIDSX 51.60 +0.13 +0.3% -2.3% -11.1% -11%
Utilities FSUTX 46.06 +0.15 +0.3% -1.1% +1.7% +3%
Consum Stpls FDFAX 60.66 +0.11 +0.2% -0.7% -2.1% 0%
Globl Commod FFGCX 13.53 +0.02 +0.1% -1.0% -0.5% -8%
Consumer Ind FSCPX 19.24 0.00 0.0% -2.0% -4.5% +2%
Natural Res FNARX 25.49 -0.01 0.0% -1.4% -4.4% -10%
Pharmaceutcl FPHAX 10.76 0.00 0.0% -1.1% +0.6% -1%
Chemical FSCHX 73.64 -0.07 -0.1% -1.6% -2.0% 0%
Environment FSLEX 15.05 -0.02 -0.1% -1.3% -4.1% -3%
Retailing FSRPX 41.34 -0.03 -0.1% -2.3% -2.6% -1%
Air Transprt FSAIX 35.47 -0.06 -0.2% -1.4% -6.8% +11%
Automotive FSAVX 31.62 -0.07 -0.2% -2.5% -6.9% +2%
Indust Equip FSCGX 25.60 -0.05 -0.2% -2.1% -7.6% +1%
Industrials FCYIX 18.39 -0.04 -0.2% -2.0% -7.2% +2%
Softwr/Compt FSCSX 70.80 -0.15 -0.2% -1.8% -2.7% -7%
Technology FSPTX 73.20 -0.17 -0.2% -1.7% -3.4% -3%
Energy FSENX 38.30 -0.10 -0.3% -1.7% -5.3% -13%
Natural Gas FSNGX 26.66 -0.09 -0.3% -1.4% -4.3% -15%
Biotech FBIOX 61.98 -0.25 -0.4% -1.5% -3.3% -5%
Computers FDCPX 43.18 -0.17 -0.4% -1.3% -6.0% -5%
Leisure FDLSX 73.11 -0.26 -0.4% -2.1% -4.1% +10%
Comm Equip FSDCX 20.70 -0.13 -0.6% -2.4% -5.5% 0%
Defnc/Aerosp FSDAX 60.83 -0.39 -0.6% -2.3% -7.4% +1%
Health Care FSPHX 100.51 -0.79 -0.8% -2.0% -3.1% -6%
IT Services FBSOX 16.75 -0.13 -0.8% -2.3% -4.3% -6%
Energy Svcs FSESX 50.97 -0.54 -1.0% -2.6% -7.2% -12%
Medical Eqp FSMEX 21.95 -0.23 -1.0% -2.4% -5.6% -10%
Medical Del FSHCX 39.12 -0.45 -1.1% -2.7% -3.5% -9%
Electronics FSELX 34.61 -0.65 -1.8% -4.3% -9.8% -16%
Average 0.0% -1.7% -4.4% -2%
****************************************************************************
FIDELITY SELECT FUNDS SORTED BY PRICE MOMENTUM OSCILLATOR (PMO) RANK
This section ranks the securities based on Decision Point's proprietary
PMO, a measure of internal and relative strength.
|-RankChg| |--% Price Change-| Hot/Cold PMO
PMO 5 15 On 5 15 Group & Xover
Name/Symbol Rank Day Day 08/31 Day Day Blinkers Sgnl/Days
---------------------- -- --- --- ----- ---- ---- |---------|---------
Gold FSAGX 1 +3 +32 +1.4% +6% +6% 1 ++ ++ + BUY 27
Utilities FSUTX 2 +1 +5 +0.3% 0% -1% 4 -+ -+ + SELL 19
Chemical FSCHX 3 -2 -1 -0.1% +1% -3% 5 -- -+ SELL 12
Telecom/Util FIUIX 4 0 +4 +0.6% 0% -1% 4 -+ -+ SELL 18
Globl Commod FFGCX 5 -3 -2 +0.1% +1% -4% 5 -- -+ SELL 11
Telecom FSTCX 6 +2 +8 +1.0% +1% -2% 5 -- -+ + SELL 19
Materials FSDPX 7 0 -2 +0.4% +2% -4% 5 -- -+ SELL 18
Pharmaceutcl FPHAX 8 +2 +16 0.0% 0% -4% 5 -- -+ + SELL 11
Consum Stpls FDFAX 9 0 +11 +0.2% -1% -3% 5 -- -+ SELL 19
Wireless FWRLX 10 +1 +3 +0.9% +1% -4% 5 -- -- + SELL 19
Automotive FSAVX 11 -5 -10 -0.2% 0% -8% 6 -- -- SELL 18
Softwr/Compt FSCSX 12 +4 +14 -0.2% 0% -4% 5 -- -- + SELL 19
Biotech FBIOX 13 0 +6 -0.4% +1% -7% 6 -- -- SELL 12
Environment FSLEX 14 -2 -5 -0.1% 0% -6% 6 -- -- SELL 19
IT Services FBSOX 15 +2 +10 -0.8% 0% -6% 5 -- -- + SELL 18
Technology FSPTX 16 +3 +7 -0.2% 0% -5% 5 -- -- + SELL 19
Leisure FDLSX 17 +10 +13 -0.4% +1% -4% 5 -- -- + SELL 18
Air Transprt FSAIX 18 -4 -12 -0.2% +1% -7% 6 -- -- SELL 18
Consumer Ind FSCPX 19 +6 +10 0.0% 0% -6% 5 -- -- + SELL 18
Comm Equip FSDCX 20 -2 -9 -0.6% 0% -8% 6 -- -- SELL 19
Retailing FSRPX 21 +9 +16 -0.1% -1% -4% 5 -- -- + SELL 5
Multimedia FBMPX 22 -2 -6 +0.6% +1% -7% 6 -- -- SELL 18
Industrials FCYIX 23 -8 -13 -0.2% 0% -8% 6 -- -- SELL 18
Natural Res FNARX 24 0 -2 0.0% 0% -7% 6 -- -- SELL 18
Natural Gas FSNGX 25 +1 -4 -0.3% 0% -7% 5 -- -- + SELL 15
Insurance FSPCX 26 +6 +2 +1.0% +2% -5% 4 -- +- + SELL 19
Health Care FSPHX 27 +4 +7 -0.8% -1% -6% 5 -- -- + SELL 12
Energy FSENX 28 -5 -10 -0.3% 0% -8% 6 -- -- SELL 18
Energy Svcs FSESX 29 -7 -25 -1.0% -1% -9% 6 -- -- SELL 19
Indust Equip FSCGX 30 -9 -18 -0.2% 0% -8% 6 -- -- SELL 18
Transport FSRFX 31 -2 -14 +0.5% +2% -7% 6 -- -- SELL 19
Const/Housng FSHOX 32 +3 +6 +0.3% +1% -3% 3 +- +- + BUY 4
Defnc/Aerosp FSDAX 33 -5 -18 -0.6% +1% -8% 6 -- -- SELL 19
Computers FDCPX 34 +3 -3 -0.4% +1% -4% 5 -- -- + SELL 21
Medical Del FSHCX 35 +1 +6 -1.1% -1% -7% 5 -- -- + SELL 8
Brokerage FSLBX 36 -3 -9 +0.5% -1% -9% 6 -- -- SELL 18
Medical Eqp FSMEX 37 -3 +2 -1.0% -1% -8% 6 -- -- SELL 11
Financl Svcs FIDSX 38 0 -6 +0.3% -1% -11% 6 -- -- SELL 19
Home Finance FSVLX 39 0 -3 +0.8% 0% -8% 6 -- -- SELL 21
Electronics FSELX 40 0 0 -1.8% -3% -9% 6 -- -- SELL 28
Banking FSRBX 41 0 -6 +0.9% -1% -12% 6 -- -- SELL 19
****************************************************************************
PMO (PRICE MOMENTUM OSCILLATOR) CROSSOVER SIGNALS
The PMO generates a BUY or SELL Signals when it crosses up or down through
its 10-DMA. These signals tend to be short-term in duration, but they can
last for several weeks. Do not take them at face value because they can
whipsaw quite a bit. They should be used to alert you to possible trading
opportunities not used as a mechanical trading model. Always check our daily
stock charts to verify the price pattern and the configuration of the PMO.
Signals are best when price appears extended, is near support or resistance,
and the PMO is very overbought or oversold. These signals may also be used to
manage positions based on our FSel Top 5 signals or the longer-term
Price Momentum Model signals.
SUMMARY OF PMO CROSSOVER SIGNALS
FSel FSel
BUY SELL
Total Signals...: 2 39
% of Total......: 5% 95%
Ave Days Elapsed: 16 17
Ave High Profit.: +4% +4%
Ave High Profit.: +4% +4%
Percentage of PMOs Rising ..........: 7%
Percentage of PMOs Above Zero.......: 34%
08/31 Cal
Close % Days High Today PMO
Name/Symbol NAV Change Signl Elap P/L P/L R/F Days
---------------------- ------ ------ ----- ---- ------- ------- --------
Const/Housng FSHOX 28.08 +0.3% BUY 4 0.0% -1.8% R 0
Gold FSAGX 49.35 +1.4% BUY 27 7.0% 7.0% R 6
Retailing FSRPX 41.34 -0.1% SELL 5 1.1% 1.1% F 1
Medical Del FSHCX 39.12 -1.1% SELL 8 2.6% 2.6% F 1
Globl Commod FFGCX 13.53 +0.1% SELL 11 2.7% 1.7% F 12
Medical Eqp FSMEX 21.95 -1.0% SELL 11 4.5% 4.5% F 12
Pharmaceutcl FPHAX 10.76 0.0% SELL 11 1.3% 0.9% F 12
Biotech FBIOX 61.98 -0.4% SELL 12 2.5% 1.8% F 20
Chemical FSCHX 73.64 -0.1% SELL 12 2.8% 1.4% F 1
Health Care FSPHX 100.51 -0.8% SELL 12 2.8% 2.8% F 12
Natural Gas FSNGX 26.66 -0.3% SELL 15 4.1% 3.2% F 20
Air Transprt FSAIX 35.47 -0.2% SELL 18 4.0% 3.0% F 55
Automotive FSAVX 31.62 -0.2% SELL 18 3.8% 3.5% F 20
Brokerage FSLBX 43.09 +0.5% SELL 18 4.9% 4.4% F 20
Consumer Ind FSCPX 19.24 0.0% SELL 18 1.8% 1.8% F 12
Energy FSENX 38.30 -0.3% SELL 18 5.0% 4.0% F 20
Indust Equip FSCGX 25.60 -0.2% SELL 18 4.2% 3.8% F 21
Industrials FCYIX 18.39 -0.2% SELL 18 3.8% 3.4% F 21
IT Services FBSOX 16.75 -0.8% SELL 18 1.5% 1.5% F 1
Leisure FDLSX 73.11 -0.4% SELL 18 2.0% 1.2% F 1
Materials FSDPX 52.31 +0.4% SELL 18 2.5% 0.7% F 12
Multimedia FBMPX 35.08 +0.6% SELL 18 3.5% 2.3% F 20
Natural Res FNARX 25.49 0.0% SELL 18 4.1% 2.8% F 20
Telecom/Util FIUIX 14.62 +0.6% SELL 18 1.1% 0.0% F 1
Banking FSRBX 14.80 +0.9% SELL 19 7.3% 6.4% F 21
Comm Equip FSDCX 20.70 -0.6% SELL 19 2.0% 2.0% F 20
Consum Stpls FDFAX 60.66 +0.2% SELL 19 1.7% 1.6% F 20
Defnc/Aerosp FSDAX 60.83 -0.6% SELL 19 4.4% 3.8% F 20
Energy Svcs FSESX 50.97 -1.0% SELL 19 5.2% 4.2% F 21
Environment FSLEX 15.05 -0.1% SELL 19 3.4% 2.9% F 20
Financl Svcs FIDSX 51.60 +0.3% SELL 19 6.6% 6.3% F 21
Insurance FSPCX 40.78 +1.0% SELL 19 3.6% 1.6% R 0
Softwr/Compt FSCSX 70.80 -0.2% SELL 19 1.0% 0.8% F 1
Technology FSPTX 73.20 -0.2% SELL 19 1.2% 1.2% F 21
Telecom FSTCX 39.96 +1.0% SELL 19 1.3% 0.3% F 12
Transport FSRFX 45.10 +0.5% SELL 19 3.7% 2.2% F 21
Utilities FSUTX 46.06 +0.3% SELL 19 0.4% -1.2% F 1
Wireless FWRLX 6.73 +0.9% SELL 19 2.6% 1.3% F 21
Computers FDCPX 43.18 -0.4% SELL 21 5.5% 4.2% F 1
Home Finance FSVLX 10.16 +0.8% SELL 21 8.4% 7.7% F 1
Electronics FSELX 34.61 -1.8% SELL 28 10.2% 10.2% F 1
Average 0.0% 17 3.5% 2.8% 13
*****************************************************************************
PRICE MOMENTUM MODEL SIGNALS
The SWENLIN PRICE MOMENTUM MODEL is intended to catch long-term price moves.
Model Signals are mechanically generated by a 200-day exponential moving
average crossover in conjunction with a 10% price move in the opposite
direction of the current signal extreme. For example, assume that the current
signal is a BUY. If the price drops 10% from the signal high, and also drops
below the 200 DMA, a SELL Signal will be generated automatically. The
MOMENTUM MODEL SIGNALS work best when prices are trending and changing
direction smoothly. When prices are volatile, particularly in a 10% range,
results will be extremely poor. By design, these signals will always miss at
least the first 10% of a move. Rather than wait for a signal reversal, it is
best to use trend analysis and other indicators to decide when to exit a
position. New signals should alert you to the possibility that a change in
direction is taking place. Once alerted, watch price movement and other
indicators to determine an optimum entry point, if any.
SUMMARY OF PRICE MOMENTUM MODEL (PMM) SIGNALS
FSel FSel
BUY SELL
Total Signals...: 27 14
% of Total......: 66% 34%
Ave Days Elapsed: 77 58
Ave High Profit.: +5% +5%
Ave Profit......: -2% +3%
Ave Rel to Stop.: +4% -4%
PRICE MOMENTUM MODEL SIGNALS
This is a list of PRICE MOMENTUM MODEL SIGNALS for the Fidelity Select Funds.
The newest signals give notice that the trend may be in the process of
making a long-term change of direction.
THIS IS A LIST OF CANDIDATES FOR FURTHER RESEARCH AND IS NEITHER A
SOLICITATION NOR RECOMMENDATION TO BUY OR SELL THE LISTED SECURITIES.
08/31 Cal Price
Close % Days High Today Rel to
Name/Symbol NAV Change Sgnl Elap P/L P/L STOP Stop
---------------------- ------ ------ ---- ---- ------ ------ ------ -------
Biotech FBIOX 61.98 -0.4% BUY 28 2.0% -5.9% 60.47 +2.5%
Insurance FSPCX 40.78 +1.0% BUY 29 0.2% -6.0% 39.12 +4.2%
Natural Res FNARX 25.49 0.0% BUY 29 0.8% -7.1% 24.90 +2.4%
Computers FDCPX 43.18 -0.4% BUY 35 0.0% -8.6% 42.50 +1.6%
Const/Housng FSHOX 28.08 +0.3% BUY 36 0.0% -6.5% 27.03 +3.9%
Consumer Ind FSCPX 19.24 0.0% BUY 36 0.6% -6.2% 18.59 +3.5%
Defnc/Aerosp FSDAX 60.83 -0.6% BUY 36 0.3% -8.9% 60.32 +0.8%
IT Services FBSOX 16.75 -0.8% BUY 36 1.3% -5.6% 16.18 +3.5%
Multimedia FBMPX 35.08 +0.6% BUY 36 1.8% -5.8% 34.14 +2.8%
Softwr/Compt FSCSX 70.80 -0.2% BUY 36 0.3% -4.9% 67.17 +5.4%
Globl Commod FFGCX 13.53 +0.1% BUY 39 4.9% -0.5% 12.83 +5.4%
Indust Equip FSCGX 25.60 -0.2% BUY 39 2.3% -7.4% 25.47 +0.5%
Industrials FCYIX 18.39 -0.2% BUY 39 2.5% -6.8% 18.22 +1.0%
Leisure FDLSX 73.11 -0.4% BUY 39 1.7% -4.2% 69.82 +4.7%
Technology FSPTX 73.20 -0.2% BUY 39 0.9% -5.7% 70.48 +3.9%
Air Transprt FSAIX 35.47 -0.2% BUY 40 5.5% -3.6% 34.77 +2.0%
Materials FSDPX 52.31 +0.4% BUY 40 4.6% -0.8% 49.63 +5.4%
Wireless FWRLX 6.73 +0.9% BUY 40 2.2% -2.3% 6.34 +6.2%
Chemical FSCHX 73.64 -0.1% BUY 47 8.2% 3.4% 69.38 +6.1%
Transport FSRFX 45.10 +0.5% BUY 48 4.8% -4.5% 44.10 +2.3%
Automotive FSAVX 31.62 -0.2% BUY 49 10.8% -0.5% 31.25 +1.2%
Comm Equip FSDCX 20.70 -0.6% BUY 49 4.6% -4.7% 20.45 +1.2%
Environment FSLEX 15.05 -0.1% BUY 74 3.1% -4.3% 14.60 +3.1%
Telecom FSTCX 39.96 +1.0% BUY 162 4.0% 0.3% 37.29 +7.2%
Gold FSAGX 49.35 +1.4% BUY 196 18.8% 18.8% 44.11 +11.9%
Telecom/Util FIUIX 14.62 +0.6% BUY 404 18.1% 16.3% 13.36 +9.5%
Utilities FSUTX 46.06 +0.3% BUY 411 19.4% 17.9% 41.99 +9.7%
Brokerage FSLBX 43.09 +0.5% SELL 1 0.0% -0.5% 47.17 -8.6%
Energy FSENX 38.30 -0.3% SELL 5 0.0% -1.1% 41.66 -8.1%
Energy Svcs FSESX 50.97 -1.0% SELL 7 1.7% 0.7% 55.51 -8.2%
Financl Svcs FIDSX 51.60 +0.3% SELL 8 3.3% 3.0% 58.18 -11.3%
Banking FSRBX 14.80 +0.9% SELL 12 4.8% 4.0% 16.56 -10.6%
Electronics FSELX 34.61 -1.8% SELL 20 5.5% 5.5% 38.90 -11.0%
Medical Del FSHCX 39.12 -1.1% SELL 63 6.3% 6.3% 43.03 -9.1%
Retailing FSRPX 41.34 -0.1% SELL 68 5.3% 3.3% 44.54 -7.2%
Consum Stpls FDFAX 60.66 +0.2% SELL 97 0.6% -4.9% 63.22 -4.0%
Health Care FSPHX 100.51 -0.8% SELL 103 3.5% 3.5% 110.56 -9.1%
Home Finance FSVLX 10.16 +0.8% SELL 103 11.7% 11.0% 11.29 -10.0%
Medical Eqp FSMEX 21.95 -1.0% SELL 103 8.0% 8.0% 24.15 -9.1%
Pharmaceutcl FPHAX 10.76 0.0% SELL 103 0.6% -4.9% 11.22 -4.1%
Natural Gas FSNGX 26.66 -0.3% SELL 117 12.9% 9.2% 29.01 -8.1%
Average 0.0% 71 4.6% -0.3% -0.2%
****************************************************************************
SHORT-TERM (PMO) and LONG-TERM (PMM) SIGNAL COMPARISONS
The Price Momentum Model (PMM) signal provides guidance regarding the
longer-term trend, and the Price Momentum Oscillator (PMO) signals identify
the shorter-term trend. A logical trading methodology is to open positions
on new PMO signals when they are compatable with the PMM signals. Positions
may be closed or hedged when the PMM and PMO signals are in conflict.
This section compares the PMM and PMO signals side by side and provides
some mechanical analysis. A "Warn!" flag is an alert that the PMO signal is
in conflict with the PMM -- closing or hedging the PMM position may be
considered. A "Buy?" or "Sell?" flag is an alert that the PMO signal has
just changed and is the same as the PMM signal -- opening new PMM positions
may be considered.
SUMMARY OF SHORT-TERM AND LONG-TERM SIGNALS FOR FIDELITY SELECT FUNDS
SHORT-TERM LONG-TERM
PMO PMO PMM PMM
BUY SELL BUY SELL
Total Signals...: 2 39 27 14
% of Total......: 5% 95% 66% 34%
Ave Days Elapsed: 16 17 77 58
Ave High Profit.: +4% +4% +5% +5%
Ave Profit......: +3% +3% -2% +3%
Ave Rel to Stop.: +4% -4%
Percentage of PMOs Rising ..........: 7%
Percentage of PMOs Above Zero.......: 34%
|-- PMO Crossover Model ---|-- Price Momentum Model --|
| PMO High Today | PMM High Today|
Name Flag| Sgnl Day P/L P/L | Sgnl Days P/L P/L|
--------------- -----| ---- --- ------- ------- | ---- ---- ------- -------|
Air Transprt Warn! SELL 18 +4.0% +3.0% BUY 40 +5.5% -3.6%
Automotive Warn! SELL 18 +3.8% +3.5% BUY 49 +10.8% -0.5%
Banking SELL 19 +7.3% +6.5% SELL 12 +4.8% +4.0%
Biotech Warn! SELL 12 +2.5% +1.8% BUY 28 +2.0% -5.9%
Brokerage SELL 18 +4.9% +4.4% SELL 1 0.0% -0.5%
Chemical Warn! SELL 12 +2.8% +1.4% BUY 47 +8.2% +3.4%
Comm Equip Warn! SELL 19 +2.0% +2.0% BUY 49 +4.6% -4.7%
Computers Warn! SELL 21 +5.5% +4.2% BUY 35 0.0% -8.6%
Const/Housng BUY 4 0.0% -1.8% BUY 36 0.0% -6.5%
Consum Stpls SELL 19 +1.7% +1.6% SELL 97 +0.6% -5.0%
Consumer Ind Warn! SELL 18 +1.8% +1.8% BUY 36 +0.6% -6.2%
Defnc/Aerosp Warn! SELL 19 +4.4% +3.8% BUY 36 +0.3% -8.9%
Electronics SELL 28 +10.2% +10.2% SELL 20 +5.5% +5.5%
Energy SELL 18 +5.0% +4.0% SELL 5 0.0% -1.1%
Energy Svcs SELL 19 +5.2% +4.2% SELL 7 +1.7% +0.7%
Environment Warn! SELL 19 +3.4% +2.9% BUY 74 +3.1% -4.3%
Financl Svcs SELL 19 +6.6% +6.3% SELL 8 +3.3% +3.0%
Globl Commod Warn! SELL 11 +2.7% +1.7% BUY 39 +4.9% -0.5%
Gold BUY 27 +7.0% +7.0% BUY 196 +18.8% +18.8%
Health Care SELL 12 +2.8% +2.8% SELL 103 +3.5% +3.5%
Home Finance SELL 21 +8.5% +7.7% SELL 103 +11.7% +11.0%
Indust Equip Warn! SELL 18 +4.2% +3.8% BUY 39 +2.3% -7.5%
Industrials Warn! SELL 18 +3.8% +3.4% BUY 39 +2.5% -6.8%
Insurance Warn! SELL 19 +3.6% +1.6% BUY 29 +0.2% -6.0%
IT Services Warn! SELL 18 +1.5% +1.5% BUY 36 +1.3% -5.6%
Leisure Warn! SELL 18 +2.0% +1.2% BUY 39 +1.7% -4.2%
Materials Warn! SELL 18 +2.5% +0.7% BUY 40 +4.6% -0.8%
Medical Del SELL 8 +2.6% +2.6% SELL 63 +6.3% +6.3%
Medical Eqp SELL 11 +4.5% +4.5% SELL 103 +8.0% +8.0%
Multimedia Warn! SELL 18 +3.5% +2.3% BUY 36 +1.8% -5.8%
Natural Gas SELL 15 +4.1% +3.2% SELL 117 +12.9% +9.2%
Natural Res Warn! SELL 18 +4.1% +2.8% BUY 29 +0.8% -7.1%
Pharmaceutcl SELL 11 +1.3% +0.9% SELL 103 +0.6% -4.9%
Retailing SELL 5 +1.2% +1.2% SELL 68 +5.3% +3.3%
Softwr/Compt Warn! SELL 19 +1.0% +0.8% BUY 36 +0.3% -4.9%
Technology Warn! SELL 19 +1.2% +1.2% BUY 39 +0.9% -5.7%
Telecom Warn! SELL 19 +1.4% +0.4% BUY 162 +4.0% +0.3%
Telecom/Util Warn! SELL 18 +1.1% 0.0% BUY 404 +18.1% +16.3%
Transport Warn! SELL 19 +3.7% +2.2% BUY 48 +4.8% -4.5%
Utilities Warn! SELL 19 +0.4% -1.2% BUY 411 +19.4% +17.9%
Wireless Warn! SELL 19 +2.6% +1.3% BUY 40 +2.2% -2.3%
Average 17 +3.5% +2.8% 71 +4.6% -0.3%
*****************************************************************************
EXPLANATION OF TABLE HEADINGS
Close NAV: The fund's net asset value as of today's close.
% Change: Percentage that price has changed from prior day's close.
PMO Rank: Shows the rank of the PMO in relation to the other securities
in the list.
5 Day Rank Chg: The total number of PMO ranks the security has moved up (+)
or down (-) in the last 5 days.
15 Day Rank Chg: The total number of PMO ranks the security has moved up (+)
or down (-) in the last 15 days.
YTD Rank Chg: The total number of PMO ranks the security has moved up (+)
or down (-) since the beginning of the year.
Signl: The signal designations of BUY and SELL indicate the current
direction of momentum and are not an indication that continuous buying or
selling should take place. Signals that are a few days or weeks old give the
best indication that profitable action MIGHT be taken.
Signal Flag: When the PMO signal disagrees with the PMM signal, the flag
will be "Warn!" On the day the PMO signal changes back into agreement
with the PMM signal, the flag will remind that new positions may be
considered by indicating "Buy?" or "Sell?"
Cal Days Elap: Indicates the number of calendar days that have elapsed since
the current signal was initiated.
High P/L: Highest profit or least loss experienced since the current signal
was initiated. On the first day of a new signal the P/L displayed is the
closing P/L for the prior signal.
Today P/L: Profit or loss for the signal since it was initiated. On the
first day of a new signal the P/L displayed is the closing P/L for the prior
signal.
STOP: The price at which the mechanical PMM signal will reverse.
Price Rel to Stop: This column shows the relationship of the current price
to the price at which the signal will change. (i.e. +5.3% means the current
price is 5.3% above the signal change price.
PMO R/F Days: The direction of the PMO (rising/falling) and number of
calendar days trend has been effect.
The Hot/Cold grouping ranks securities/indexes into six (6) groups ranging
from 1 (Hot) to 6 (Cold) according to price strength, internal strength,
and relative strength. We can quickly assess the condition of these
elements by the group number and "blinker" fields. Moving from left to
right: The first blinker tells us if the PMO is above (+) or below (-) its
10-day exponential moving average (EMA). The second blinker indicates if
the closing price is above (+) or below (-) it's 20-DMA. The third and
fourth blinkers tell us if the PMO is rising (+) or falling (-), and if it
is above (+) or below (-) zero. The fifth blinker tells us if the 5-day PMO
rank change is positive (+), negative (-), or no change ( ). Groups 1-3
should be considered as buy candidates, 4-6 as sell candidates.
CAVEAT
We make every effort to insure the accuracy of this information, but we
cannot guarantee it. It is always possible that errors will creep in. If it
doesn't make sense, let us know about it. Also, we make every effort to
upload this data each market day, but circumstances may be such that it is
not possible due to circumstances beyond our control.
End of Fidelity Select Tracker Daily Report for Tuesday 8/31/2010
Copyright 2010 Decision Point. This publication is not to be summarized,
reproduced, or rebroadcast in any fashion without our written permission.
Nothing herein should be construed as an offer or solicitation to buy or
sell any security. Past performance does not guarantee or imply future
results.
|
Back to Top Advisors Corner Menu
