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[About This Newsletter]
DECISION POINT
FIDELITY SELECT TRACKER DAILY REPORT
Friday, 10/31/2008
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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.
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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.
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DISTRIBUTIONS: None today.
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TODAY'S RESULTS AND PRICE CHANGE ANALYSIS
10/31 WTD MTD YTD
Close $ %age %Price %Price %Price
Name Sym NAV Change Change Change Change Change
---------------- ----- ------ ------ ------ ------ ------ ------
Air Transprt FSAIX 26.48 +1.77 +7.2% +19.3% +2.4% -32%
Automotive FSAVX 16.19 +0.66 +4.2% +14.2% -38.3% -57%
Banking FSRBX 17.98 +0.79 +4.6% +13.7% -4.7% -26%
Biotech FBIOX 59.56 +0.82 +1.4% +6.0% -9.4% -11%
Brokerage FSLBX 35.02 +1.18 +3.5% +12.1% -24.3% -45%
Business Svc FBSOX 11.52 +0.28 +2.5% +11.0% -21.7% -31%
Chemical FSCHX 55.98 +0.83 +1.5% +17.1% -18.6% -32%
Computers FDCPX 29.11 +0.25 +0.9% +11.7% -16.7% -40%
Const/Housng FSHOX 23.69 +1.36 +6.1% +22.8% -20.5% -28%
Consumer Ind FSCPX 14.48 +0.49 +3.5% +17.7% -18.3% -31%
Cyclical Ind FCYIX 13.61 +0.21 +1.6% +12.2% -23.3% -39%
Defnc/Aerosp FSDAX 52.20 +1.32 +2.6% +14.4% -14.4% -37%
Devel Comm FSDCX 12.88 -0.35 -2.6% +6.9% -22.6% -43%
Electronics FSELX 25.85 +0.27 +1.1% +12.6% -16.7% -43%
Energy FSENX 34.60 +0.53 +1.6% +19.6% -26.7% -47%
Energy Svcs FSESX 46.58 -0.08 -0.2% +16.2% -36.1% -52%
Envir Svcs FSLEX 13.36 +0.24 +1.8% +11.1% -17.3% -31%
Financl Svcs FIDSX 54.51 +2.43 +4.7% +11.9% -17.6% -43%
Food & Ag FDFAX 50.27 +0.30 +0.6% +8.3% -15.3% -24%
Gold FSAGX 20.06 -0.93 -4.4% +15.1% -35.3% -50%
Health Care FSPHX 81.93 +1.43 +1.8% +5.3% -17.4% -32%
Home Finance FSVLX 12.65 +0.42 +3.4% +12.3% -12.1% -55%
Indust Equip FSCGX 19.48 +0.24 +1.2% +11.7% -26.0% -45%
Indust Matls FSDPX 32.46 +0.34 +1.1% +13.7% -26.1% -44%
Insurance FSPCX 31.23 +1.19 +4.0% +6.7% -22.4% -50%
Leisure FDLSX 52.03 +0.75 +1.5% +15.8% -15.1% -32%
Medical Del FSHCX 28.62 +0.94 +3.4% +1.9% -22.9% -45%
Medical Eqp FSMEX 20.31 +0.42 +2.1% +6.8% -18.1% -16%
Multimedia FBMPX 23.34 +0.51 +2.2% +14.1% -20.7% -36%
Natural Gas FSNGX 24.53 +0.66 +2.8% +19.7% -26.8% -47%
Natural Res FNARX 20.49 +0.18 +0.9% +19.3% -28.5% -48%
Networking FNINX 1.33 0.00 0.0% +8.1% -22.2% -46%
Paper/Forest FSPFX 17.75 +0.70 +4.1% +14.4% -31.6% -43%
Pharmaceutcl FPHAX 8.75 +0.09 +1.0% +5.8% -11.0% -24%
Retailing FSRPX 29.92 +1.36 +4.8% +20.7% -16.8% -27%
Softwr/Compt FSCSX 50.34 +0.49 +1.0% +9.1% -15.1% -38%
Technology FSPTX 43.74 +0.19 +0.4% +11.0% -20.5% -46%
Telecomm FSTCX 25.85 +0.26 +1.0% +16.9% -25.8% -50%
Transport FSRFX 36.64 +1.45 +4.1% +13.7% -8.9% -18%
Utilities FSUTX 40.30 -0.85 -2.1% +6.0% -12.3% -37%
Wireless FWRLX 4.53 -0.04 -0.9% +13.5% -21.6% -48%
Average +2.0% +12.7% -19.9% -38%
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FIDELITY SELECT FUNDS SORTED BY TODAY'S PERCENTAGE CHANGE
10/31 WTD MTD YTD
Close $ %age %Price %Price %Price
Name Sym NAV Change Change Change Change Change
---------------- ----- ------ ------ ------ ------ ------ ------
Air Transprt FSAIX 26.48 +1.77 +7.2% +19.3% +2.4% -32%
Const/Housng FSHOX 23.69 +1.36 +6.1% +22.8% -20.5% -28%
Retailing FSRPX 29.92 +1.36 +4.8% +20.7% -16.8% -27%
Financl Svcs FIDSX 54.51 +2.43 +4.7% +11.9% -17.6% -43%
Banking FSRBX 17.98 +0.79 +4.6% +13.7% -4.7% -26%
Automotive FSAVX 16.19 +0.66 +4.2% +14.2% -38.3% -57%
Paper/Forest FSPFX 17.75 +0.70 +4.1% +14.4% -31.6% -43%
Transport FSRFX 36.64 +1.45 +4.1% +13.7% -8.9% -18%
Insurance FSPCX 31.23 +1.19 +4.0% +6.7% -22.4% -50%
Brokerage FSLBX 35.02 +1.18 +3.5% +12.1% -24.3% -45%
Consumer Ind FSCPX 14.48 +0.49 +3.5% +17.7% -18.3% -31%
Home Finance FSVLX 12.65 +0.42 +3.4% +12.3% -12.1% -55%
Medical Del FSHCX 28.62 +0.94 +3.4% +1.9% -22.9% -45%
Natural Gas FSNGX 24.53 +0.66 +2.8% +19.7% -26.8% -47%
Defnc/Aerosp FSDAX 52.20 +1.32 +2.6% +14.4% -14.4% -37%
Business Svc FBSOX 11.52 +0.28 +2.5% +11.0% -21.7% -31%
Multimedia FBMPX 23.34 +0.51 +2.2% +14.1% -20.7% -36%
Medical Eqp FSMEX 20.31 +0.42 +2.1% +6.8% -18.1% -16%
Envir Svcs FSLEX 13.36 +0.24 +1.8% +11.1% -17.3% -31%
Health Care FSPHX 81.93 +1.43 +1.8% +5.3% -17.4% -32%
Cyclical Ind FCYIX 13.61 +0.21 +1.6% +12.2% -23.3% -39%
Energy FSENX 34.60 +0.53 +1.6% +19.6% -26.7% -47%
Chemical FSCHX 55.98 +0.83 +1.5% +17.1% -18.6% -32%
Leisure FDLSX 52.03 +0.75 +1.5% +15.8% -15.1% -32%
Biotech FBIOX 59.56 +0.82 +1.4% +6.0% -9.4% -11%
Indust Equip FSCGX 19.48 +0.24 +1.2% +11.7% -26.0% -45%
Electronics FSELX 25.85 +0.27 +1.1% +12.6% -16.7% -43%
Indust Matls FSDPX 32.46 +0.34 +1.1% +13.7% -26.1% -44%
Pharmaceutcl FPHAX 8.75 +0.09 +1.0% +5.8% -11.0% -24%
Softwr/Compt FSCSX 50.34 +0.49 +1.0% +9.1% -15.1% -38%
Telecomm FSTCX 25.85 +0.26 +1.0% +16.9% -25.8% -50%
Computers FDCPX 29.11 +0.25 +0.9% +11.7% -16.7% -40%
Natural Res FNARX 20.49 +0.18 +0.9% +19.3% -28.5% -48%
Food & Ag FDFAX 50.27 +0.30 +0.6% +8.3% -15.3% -24%
Technology FSPTX 43.74 +0.19 +0.4% +11.0% -20.5% -46%
Networking FNINX 1.33 0.00 0.0% +8.1% -22.2% -46%
Energy Svcs FSESX 46.58 -0.08 -0.2% +16.2% -36.1% -52%
Wireless FWRLX 4.53 -0.04 -0.9% +13.5% -21.6% -48%
Utilities FSUTX 40.30 -0.85 -2.1% +6.0% -12.3% -37%
Devel Comm FSDCX 12.88 -0.35 -2.6% +6.9% -22.6% -43%
Gold FSAGX 20.06 -0.93 -4.4% +15.1% -35.3% -50%
Average +2.0% +12.7% -19.9% -38%
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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 10/31 Day Day Blinkers Sgnl/Days
---------------------- -- --- --- ----- ---- ---- |---------|---------
Banking FSRBX 1 0 0 +4.6% +14% +15% 2 ++ +- BUY 1
Air Transprt FSAIX 2 +1 +22 +7.2% +19% +35% 2 ++ +- + BUY 11
Biotech FBIOX 3 +1 +4 +1.4% +6% +12% 2 ++ +- + BUY 2
Pharmaceutcl FPHAX 4 -2 -1 +1.0% +6% +9% 3 +- +- BUY 1
Transport FSRFX 5 +3 +5 +4.1% +14% +12% 2 ++ +- + BUY 1
Utilities FSUTX 6 +4 +19 -2.1% +6% +13% 3 +- +- + BUY 10
Food & Ag FDFAX 7 -2 -5 +0.6% +8% +4% 3 +- +- BUY 0
Financl Svcs FIDSX 8 -1 -2 +4.7% +12% +7% 2 ++ +- BUY 0
Softwr/Compt FSCSX 9 +3 +13 +1.0% +9% +6% 3 +- +- + BUY 2
Health Care FSPHX 10 -1 -1 +1.8% +5% +5% 4 -- +- SELL 66
Medical Eqp FSMEX 11 -5 -7 +2.1% +7% +3% 4 -- +- SELL 66
Leisure FDLSX 12 +4 +1 +1.5% +16% +7% 2 ++ +- + BUY 1
Home Finance FSVLX 13 +1 +7 +3.4% +12% +6% 2 ++ +- + BUY 1
Defnc/Aerosp FSDAX 14 +3 +7 +2.6% +14% +12% 2 ++ +- + BUY 1
Envir Svcs FSLEX 15 -2 +1 +1.8% +11% +5% 2 ++ +- BUY 0
Insurance FSPCX 16 +2 +12 +4.0% +7% +16% 3 +- +- + BUY 2
Consumer Ind FSCPX 17 +2 -5 +3.5% +18% +6% 2 ++ +- + BUY 0
Retailing FSRPX 18 +6 -7 +4.8% +21% +8% 2 ++ +- + BUY 1
Electronics FSELX 19 +4 +7 +1.1% +13% +3% 3 +- +- + BUY 1
Computers FDCPX 20 0 +3 +0.9% +12% +2% 3 +- +- BUY 1
Medical Del FSHCX 21 -10 -4 +3.4% +2% +3% 4 -- +- SELL 66
Multimedia FBMPX 22 0 -4 +2.2% +14% +7% 3 +- +- BUY 0
Const/Housng FSHOX 23 +2 -9 +6.1% +23% +5% 2 ++ +- + BUY 0
Business Svc FBSOX 24 -3 -5 +2.5% +11% +1% 3 +- +- BUY 0
Brokerage FSLBX 25 -10 -10 +3.5% +12% +2% 4 -- +- SELL 52
Chemical FSCHX 26 +2 +10 +1.5% +17% +6% 2 ++ +- + BUY 1
Wireless FWRLX 27 0 +2 -0.9% +14% +1% 3 +- +- BUY 1
Technology FSPTX 28 -2 +7 +0.4% +11% 0% 3 +- +- BUY 1
Devel Comm FSDCX 29 0 +5 -2.6% +7% -4% 3 +- +- BUY 1
Networking FNINX 30 0 +3 0.0% +8% -1% 3 +- +- BUY 1
Cyclical Ind FCYIX 31 0 -4 +1.6% +12% -1% 3 +- +- BUY 0
Telecomm FSTCX 32 0 -2 +1.0% +17% +2% 3 +- +- BUY 0
Indust Equip FSCGX 33 0 -1 +1.2% +12% -3% 3 +- +- BUY 0
Energy FSENX 34 +4 +5 +1.6% +20% +23% 2 ++ +- + BUY 2
Natural Gas FSNGX 35 +2 +5 +2.8% +20% +25% 2 ++ +- + BUY 2
Indust Matls FSDPX 36 0 +1 +1.1% +14% 0% 3 +- +- BUY 1
Natural Res FNARX 37 +2 +1 +0.9% +19% +16% 2 ++ +- + BUY 1
Gold FSAGX 38 -3 -33 -4.4% +15% -17% 4 -- +- SELL 25
Paper/Forest FSPFX 39 -5 -31 +4.1% +14% -15% 4 -- +- SELL 44
Energy Svcs FSESX 40 +1 +1 -0.2% +16% +6% 3 +- +- + BUY 1
Automotive FSAVX 41 -1 -10 +4.2% +14% -11% 4 -- +- SELL 37
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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...: 34 7
% of Total......: 83% 17%
Ave Days Elapsed: 1 51
Ave High Profit.: +2% +39%
Ave High Profit.: +2% +39%
Percentage of PMOs Rising ..........: 100%
Percentage of PMOs Above Zero.......: 0%
10/31 Cal
Close % Days High Today PMO
Name/Symbol NAV Change Signl Elap P/L P/L R/F Days
---------------------- ------ ------ ----- ---- ------- ------- --------
Business Svc FBSOX 11.52 +2.5% BUY 0 0.0% 28.6% R 3
Const/Housng FSHOX 23.69 +6.1% BUY 0 0.0% 22.9% R 3
Consumer Ind FSCPX 14.48 +3.5% BUY 0 0.0% 25.4% R 3
Cyclical Ind FCYIX 13.61 +1.6% BUY 0 0.0% 30.8% R 3
Envir Svcs FSLEX 13.36 +1.8% BUY 0 0.0% 24.7% R 2
Financl Svcs FIDSX 54.51 +4.7% BUY 0 0.0% 9.6% R 3
Food & Ag FDFAX 50.27 +0.6% BUY 0 0.0% 16.4% R 3
Indust Equip FSCGX 19.48 +1.2% BUY 0 0.0% 33.8% R 3
Multimedia FBMPX 23.34 +2.2% BUY 0 0.0% 27.3% R 3
Telecomm FSTCX 25.85 +1.0% BUY 0 0.0% 34.0% R 3
Banking FSRBX 17.98 +4.6% BUY 1 4.6% 4.6% R 3
Chemical FSCHX 55.98 +1.5% BUY 1 1.5% 1.5% R 3
Computers FDCPX 29.11 +0.9% BUY 1 0.9% 0.9% R 3
Defnc/Aerosp FSDAX 52.20 +2.6% BUY 1 2.6% 2.6% R 3
Devel Comm FSDCX 12.88 -2.6% BUY 1 0.0% -2.6% R 3
Electronics FSELX 25.85 +1.1% BUY 1 1.1% 1.1% R 3
Energy Svcs FSESX 46.58 -0.2% BUY 1 0.0% -0.2% R 3
Home Finance FSVLX 12.65 +3.4% BUY 1 3.4% 3.4% R 3
Indust Matls FSDPX 32.46 +1.1% BUY 1 1.1% 1.1% R 3
Leisure FDLSX 52.03 +1.5% BUY 1 1.5% 1.5% R 3
Natural Res FNARX 20.49 +0.9% BUY 1 0.9% 0.9% R 3
Networking FNINX 1.33 0.0% BUY 1 0.0% 0.0% R 3
Pharmaceutcl FPHAX 8.75 +1.0% BUY 1 1.0% 1.0% R 3
Retailing FSRPX 29.92 +4.8% BUY 1 4.8% 4.8% R 3
Technology FSPTX 43.74 +0.4% BUY 1 0.4% 0.4% R 3
Transport FSRFX 36.64 +4.1% BUY 1 4.1% 4.1% R 3
Wireless FWRLX 4.53 -0.9% BUY 1 0.0% -0.9% R 3
Biotech FBIOX 59.56 +1.4% BUY 2 4.0% 4.0% R 3
Energy FSENX 34.60 +1.6% BUY 2 9.6% 9.6% R 3
Insurance FSPCX 31.23 +4.0% BUY 2 2.8% 2.8% R 3
Natural Gas FSNGX 24.53 +2.8% BUY 2 10.7% 10.7% R 3
Softwr/Compt FSCSX 50.34 +1.0% BUY 2 2.9% 2.9% R 3
Utilities FSUTX 40.30 -2.1% BUY 10 2.4% 0.2% R 3
Air Transprt FSAIX 26.48 +7.2% BUY 11 7.5% 7.5% R 3
Gold FSAGX 20.06 -4.4% SELL 25 37.8% 21.4% R 2
Automotive FSAVX 16.19 +4.2% SELL 37 51.7% 40.6% R 2
Paper/Forest FSPFX 17.75 +4.1% SELL 44 43.3% 32.0% R 1
Brokerage FSLBX 35.02 +3.5% SELL 52 40.3% 28.3% R 1
Health Care FSPHX 81.93 +1.8% SELL 66 31.1% 23.9% R 1
Medical Del FSHCX 28.62 +3.4% SELL 66 36.7% 29.6% R 1
Medical Eqp FSMEX 20.31 +2.1% SELL 66 30.9% 22.4% R 1
Average +2.0% 10 8.3% 12.5% 3
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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...: 0 41
% of Total......: 0% 100%
Ave Days Elapsed: 0 147
Ave High Profit.: 0% +43%
Ave Profit......: 0% +33%
#DIV/0!
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.
10/31 Cal Price
Close % Days High Today Rel to
Name/Symbol NAV Change Sgnl Elap P/L P/L STOP Stop
---------------------- ------ ------ ---- ---- ------ ------ ------ -------
Medical Eqp FSMEX 20.31 +2.1% SELL 25 21.2% 11.5% 23.77 -14.6%
Const/Housng FSHOX 23.69 +6.1% SELL 32 33.8% 16.2% 30.54 -22.4%
Health Care FSPHX 81.93 +1.8% SELL 32 23.2% 15.1% 102.59 -20.1%
Paper/Forest FSPFX 17.75 +4.1% SELL 32 41.1% 29.3% 26.19 -32.2%
Transport FSRFX 36.64 +4.1% SELL 32 20.8% 7.2% 42.11 -13.0%
Leisure FDLSX 52.03 +1.5% SELL 37 29.7% 16.9% 64.60 -19.5%
Retailing FSRPX 29.92 +4.8% SELL 38 34.0% 18.2% 36.65 -18.4%
Banking FSRBX 17.98 +4.6% SELL 39 29.0% 11.6% 20.43 -12.0%
Biotech FBIOX 59.56 +1.4% SELL 44 19.1% 9.2% 65.31 -8.8%
Business Svc FBSOX 11.52 +2.5% SELL 44 32.6% 21.9% 15.12 -23.8%
Devel Comm FSDCX 12.88 -2.6% SELL 57 39.4% 33.7% 19.09 -32.5%
Energy Svcs FSESX 46.58 -0.2% SELL 88 60.5% 50.6% 84.88 -45.1%
Utilities FSUTX 40.30 -2.1% SELL 99 36.5% 28.2% 53.69 -24.9%
Chemical FSCHX 55.98 +1.5% SELL 100 45.5% 33.1% 76.71 -27.0%
Gold FSAGX 20.06 -4.4% SELL 100 60.2% 49.7% 34.40 -41.7%
Energy FSENX 34.60 +1.6% SELL 106 58.2% 46.0% 55.73 -37.9%
Natural Gas FSNGX 24.53 +2.8% SELL 106 60.1% 48.0% 40.62 -39.6%
Natural Res FNARX 20.49 +0.9% SELL 106 59.6% 47.7% 33.66 -39.1%
Indust Matls FSDPX 32.46 +1.1% SELL 121 53.1% 43.5% 51.33 -36.8%
Softwr/Compt FSCSX 50.34 +1.0% SELL 121 35.8% 27.5% 65.55 -23.2%
Networking FNINX 1.33 0.0% SELL 123 43.1% 37.0% 1.98 -32.8%
Envir Svcs FSLEX 13.36 +1.8% SELL 126 35.6% 24.2% 16.94 -21.1%
Computers FDCPX 29.11 +0.9% SELL 127 39.3% 29.9% 39.07 -25.5%
Cyclical Ind FCYIX 13.61 +1.6% SELL 127 41.7% 32.0% 19.17 -29.0%
Electronics FSELX 25.85 +1.1% SELL 127 41.6% 33.5% 36.33 -28.8%
Indust Equip FSCGX 19.48 +1.2% SELL 127 45.5% 36.8% 29.16 -33.2%
Technology FSPTX 43.74 +0.4% SELL 127 45.5% 37.1% 64.24 -31.9%
Wireless FWRLX 4.53 -0.9% SELL 127 44.2% 34.7% 6.68 -32.2%
Food & Ag FDFAX 50.27 +0.6% SELL 130 25.7% 17.5% 60.02 -16.2%
Multimedia FBMPX 23.34 +2.2% SELL 133 40.2% 29.5% 31.79 -26.6%
Automotive FSAVX 16.19 +4.2% SELL 147 60.6% 51.6% 29.31 -44.8%
Defnc/Aerosp FSDAX 52.20 +2.6% SELL 147 39.0% 26.8% 67.51 -22.7%
Medical Del FSHCX 28.62 +3.4% SELL 269 45.8% 39.7% 39.37 -27.3%
Pharmaceutcl FPHAX 8.75 +1.0% SELL 282 25.9% 19.0% 10.05 -12.9%
Brokerage FSLBX 35.02 +3.5% SELL 301 51.5% 41.7% 50.54 -30.7%
Air Transprt FSAIX 26.48 +7.2% SELL 357 53.8% 36.0% 29.95 -11.6%
Consumer Ind FSCPX 14.48 +3.5% SELL 357 44.4% 32.7% 18.54 -21.9%
Telecomm FSTCX 25.85 +1.0% SELL 359 59.2% 52.0% 39.81 -35.1%
Insurance FSPCX 31.23 +4.0% SELL 361 58.6% 50.5% 46.05 -32.2%
Financl Svcs FIDSX 54.51 +4.7% SELL 364 54.0% 46.3% 74.30 -26.6%
Home Finance FSVLX 12.65 +3.4% SELL 465 73.2% 68.9% 20.75 -39.0%
Average +2.0% 147 43.0% 32.7% -27.2%
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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...: 34 7 0 41
% of Total......: 83% 17% 0% 100%
Ave Days Elapsed: 1 51 0 147
Ave High Profit.: +2% +39% 0% +43%
Ave Profit......: +9% +28% 0% +33%
#DIV/0!
Percentage of PMOs Rising ..........: 100%
Percentage of PMOs Above Zero.......: 0%
|-- 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! BUY 11 +7.5% +7.5% SELL 357 +53.8% +36.0%
Automotive SELL 37 +51.7% +40.6% SELL 147 +60.6% +51.6%
Banking Warn! BUY 1 +4.6% +4.6% SELL 39 +29.0% +11.6%
Biotech Warn! BUY 2 +4.0% +4.0% SELL 44 +19.2% +9.2%
Brokerage SELL 52 +40.3% +28.3% SELL 301 +51.5% +41.7%
Business Svc Warn! * BUY 0 0.0% +28.6% SELL 44 +32.6% +21.9%
Chemical Warn! BUY 1 +1.5% +1.5% SELL 100 +45.5% +33.1%
Computers Warn! BUY 1 +0.9% +0.9% SELL 127 +39.3% +29.9%
Const/Housng Warn! * BUY 0 0.0% +22.9% SELL 32 +33.8% +16.2%
Consumer Ind Warn! * BUY 0 0.0% +25.4% SELL 357 +44.4% +32.7%
Cyclical Ind Warn! * BUY 0 0.0% +30.8% SELL 127 +41.7% +32.0%
Defnc/Aerosp Warn! BUY 1 +2.6% +2.6% SELL 147 +39.0% +26.9%
Devel Comm Warn! BUY 1 0.0% -2.7% SELL 57 +39.4% +33.7%
Electronics Warn! BUY 1 +1.1% +1.1% SELL 127 +41.6% +33.5%
Energy Warn! BUY 2 +9.6% +9.6% SELL 106 +58.3% +46.0%
Energy Svcs Warn! BUY 1 0.0% -0.2% SELL 88 +60.5% +50.6%
Envir Svcs Warn! * BUY 0 0.0% +24.7% SELL 126 +35.6% +24.2%
Financl Svcs Warn! * BUY 0 0.0% +9.6% SELL 364 +54.0% +46.3%
Food & Ag Warn! * BUY 0 0.0% +16.4% SELL 130 +25.7% +17.5%
Gold SELL 25 +37.8% +21.4% SELL 100 +60.2% +49.7%
Health Care SELL 66 +31.1% +23.9% SELL 32 +23.2% +15.1%
Home Finance Warn! BUY 1 +3.4% +3.4% SELL 465 +73.2% +68.9%
Indust Equip Warn! * BUY 0 0.0% +33.8% SELL 127 +45.5% +36.8%
Indust Matls Warn! BUY 1 +1.1% +1.1% SELL 121 +53.1% +43.5%
Insurance Warn! BUY 2 +2.8% +2.8% SELL 361 +58.6% +50.5%
Leisure Warn! BUY 1 +1.5% +1.5% SELL 37 +29.7% +16.9%
Medical Del SELL 66 +36.7% +29.6% SELL 269 +45.8% +39.7%
Medical Eqp SELL 66 +30.9% +22.4% SELL 25 +21.2% +11.5%
Multimedia Warn! * BUY 0 0.0% +27.3% SELL 133 +40.2% +29.5%
Natural Gas Warn! BUY 2 +10.7% +10.7% SELL 106 +60.1% +48.0%
Natural Res Warn! BUY 1 +0.9% +0.9% SELL 106 +59.6% +47.7%
Networking Warn! BUY 1 0.0% 0.0% SELL 123 +43.1% +37.0%
Paper/Forest SELL 44 +43.3% +32.0% SELL 32 +41.1% +29.3%
Pharmaceutcl Warn! BUY 1 +1.0% +1.0% SELL 282 +25.9% +19.0%
Retailing Warn! BUY 1 +4.8% +4.8% SELL 38 +34.0% +18.2%
Softwr/Compt Warn! BUY 2 +2.9% +2.9% SELL 121 +35.8% +27.5%
Technology Warn! BUY 1 +0.4% +0.4% SELL 127 +45.5% +37.1%
Telecomm Warn! * BUY 0 0.0% +34.0% SELL 359 +59.2% +52.0%
Transport Warn! BUY 1 +4.1% +4.1% SELL 32 +20.8% +7.2%
Utilities Warn! BUY 10 +2.4% +0.3% SELL 99 +36.5% +28.2%
Wireless Warn! BUY 1 0.0% -0.9% SELL 127 +44.2% +34.7%
Average 10 +8.3% +12.5% 147 +43.0% +32.7%
*****************************************************************************
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 Friday 10/31/2008
Copyright 2008 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.
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