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DECISION POINT
FIDELITY SELECT TRACKER DAILY REPORT
Thursday, 10/29/2009
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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
10/29 WTD MTD YTD
Close $ %age %Price %Price %Price
Name Sym NAV Change Change Change Change Change
---------------- ----- ------ ------ ------ ------ ------ ------
Air Transprt FSAIX 26.14 +0.48 +1.9% -6.0% -10.6% 0%
Automotive FSAVX 27.72 +0.75 +2.8% -9.9% -2.3% +95%
Banking FSRBX 15.42 +0.56 +3.8% -2.6% -0.8% +4%
Biotech FBIOX 59.42 +0.93 +1.6% -3.1% -10.6% +1%
Brokerage FSLBX 49.17 +1.94 +4.1% -3.1% -0.9% +55%
Chemical FSCHX 70.18 +1.72 +2.5% -2.6% -1.7% +52%
Comm Equip FSDCX 19.61 +0.47 +2.5% -3.0% -2.8% +70%
Computers FDCPX 41.38 +0.95 +2.3% -2.5% -1.4% +66%
Const/Housng FSHOX 26.91 +0.72 +2.7% -4.5% -5.7% +13%
Consum Stpls FDFAX 61.20 +1.15 +1.9% +0.1% +3.3% +20%
Consumer Ind FSCPX 17.44 +0.47 +2.8% -2.7% -0.9% +28%
Defnc/Aerosp FSDAX 55.24 +0.93 +1.7% -2.6% -1.7% +12%
Electronics FSELX 35.75 +0.79 +2.3% -3.2% -6.1% +58%
Energy FSENX 43.46 +1.56 +3.7% -3.5% +3.3% +44%
Energy Svcs FSESX 57.59 +1.86 +3.3% -4.4% +2.3% +60%
Environment FSLEX 14.83 +0.29 +2.0% -1.3% -0.3% +11%
Financl Svcs FIDSX 58.90 +2.13 +3.8% -2.9% -0.9% +26%
Globl Commod FFGCX 13.79 +0.41 +3.1% -3.6% +2.3% +44%
Gold FSAGX 41.04 +1.47 +3.7% -5.8% -1.4% +30%
Health Care FSPHX 97.89 +1.71 +1.8% -2.2% -2.5% +21%
Home Finance FSVLX 10.65 +0.32 +3.1% -0.2% -2.6% -6%
Indust Equip FSCGX 23.65 +0.52 +2.2% -3.8% -1.3% +28%
Industrials FCYIX 16.58 +0.35 +2.2% -3.7% -1.7% +26%
Insurance FSPCX 40.01 +1.59 +4.1% -0.8% -1.4% +22%
IT Services FBSOX 16.17 +0.26 +1.6% -1.3% +0.7% +44%
Leisure FDLSX 62.73 +1.39 +2.3% -4.2% -3.3% +16%
Materials FSDPX 49.14 +1.58 +3.3% -3.7% -1.3% +61%
Medical Del FSHCX 38.36 +1.27 +3.4% 0.0% +1.4% +33%
Medical Eqp FSMEX 22.39 +0.22 +1.0% -2.5% -4.0% +21%
Multimedia FBMPX 30.74 +0.95 +3.2% -1.8% -0.5% +39%
Natural Gas FSNGX 31.58 +1.17 +3.8% -4.2% +0.9% +57%
Natural Res FNARX 27.59 +1.03 +3.9% -4.1% +2.0% +47%
Pharmaceutcl FPHAX 9.96 +0.10 +1.0% -1.3% -0.4% +13%
Retailing FSRPX 42.58 +1.05 +2.5% -2.1% +1.7% +49%
Softwr/Compt FSCSX 69.27 +1.01 +1.5% -1.5% +3.9% +47%
Technology FSPTX 67.88 +1.15 +1.7% -3.5% +0.2% +71%
Telecom FSTCX 36.63 +0.46 +1.3% -0.8% -2.5% +38%
Telecom/Util FIUIX 12.75 +0.23 +1.8% -2.2% -3.7% -2%
Transport FSRFX 33.78 +0.71 +2.1% -4.8% -5.6% +5%
Utilities FSUTX 42.23 +0.53 +1.3% -2.4% -2.6% +5%
Wireless FWRLX 6.26 +0.13 +2.1% -1.7% -3.8% +46%
Average +2.5% -2.9% -1.5% +33%
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FIDELITY SELECT FUNDS SORTED BY TODAY'S PERCENTAGE CHANGE
10/29 WTD MTD YTD
Close $ %age %Price %Price %Price
Name Sym NAV Change Change Change Change Change
---------------- ----- ------ ------ ------ ------ ------ ------
Brokerage FSLBX 49.17 +1.94 +4.1% -3.1% -0.9% +55%
Insurance FSPCX 40.01 +1.59 +4.1% -0.8% -1.4% +22%
Natural Res FNARX 27.59 +1.03 +3.9% -4.1% +2.0% +47%
Banking FSRBX 15.42 +0.56 +3.8% -2.6% -0.8% +4%
Financl Svcs FIDSX 58.90 +2.13 +3.8% -2.9% -0.9% +26%
Natural Gas FSNGX 31.58 +1.17 +3.8% -4.2% +0.9% +57%
Energy FSENX 43.46 +1.56 +3.7% -3.5% +3.3% +44%
Gold FSAGX 41.04 +1.47 +3.7% -5.8% -1.4% +30%
Medical Del FSHCX 38.36 +1.27 +3.4% 0.0% +1.4% +33%
Energy Svcs FSESX 57.59 +1.86 +3.3% -4.4% +2.3% +60%
Materials FSDPX 49.14 +1.58 +3.3% -3.7% -1.3% +61%
Multimedia FBMPX 30.74 +0.95 +3.2% -1.8% -0.5% +39%
Globl Commod FFGCX 13.79 +0.41 +3.1% -3.6% +2.3% +44%
Home Finance FSVLX 10.65 +0.32 +3.1% -0.2% -2.6% -6%
Automotive FSAVX 27.72 +0.75 +2.8% -9.9% -2.3% +95%
Consumer Ind FSCPX 17.44 +0.47 +2.8% -2.7% -0.9% +28%
Const/Housng FSHOX 26.91 +0.72 +2.7% -4.5% -5.7% +13%
Chemical FSCHX 70.18 +1.72 +2.5% -2.6% -1.7% +52%
Comm Equip FSDCX 19.61 +0.47 +2.5% -3.0% -2.8% +70%
Retailing FSRPX 42.58 +1.05 +2.5% -2.1% +1.7% +49%
Computers FDCPX 41.38 +0.95 +2.3% -2.5% -1.4% +66%
Electronics FSELX 35.75 +0.79 +2.3% -3.2% -6.1% +58%
Leisure FDLSX 62.73 +1.39 +2.3% -4.2% -3.3% +16%
Indust Equip FSCGX 23.65 +0.52 +2.2% -3.8% -1.3% +28%
Industrials FCYIX 16.58 +0.35 +2.2% -3.7% -1.7% +26%
Transport FSRFX 33.78 +0.71 +2.1% -4.8% -5.6% +5%
Wireless FWRLX 6.26 +0.13 +2.1% -1.7% -3.8% +46%
Environment FSLEX 14.83 +0.29 +2.0% -1.3% -0.3% +11%
Air Transprt FSAIX 26.14 +0.48 +1.9% -6.0% -10.6% 0%
Consum Stpls FDFAX 61.20 +1.15 +1.9% +0.1% +3.3% +20%
Health Care FSPHX 97.89 +1.71 +1.8% -2.2% -2.5% +21%
Telecom/Util FIUIX 12.75 +0.23 +1.8% -2.2% -3.7% -2%
Defnc/Aerosp FSDAX 55.24 +0.93 +1.7% -2.6% -1.7% +12%
Technology FSPTX 67.88 +1.15 +1.7% -3.5% +0.2% +71%
Biotech FBIOX 59.42 +0.93 +1.6% -3.1% -10.6% +1%
IT Services FBSOX 16.17 +0.26 +1.6% -1.3% +0.7% +44%
Softwr/Compt FSCSX 69.27 +1.01 +1.5% -1.5% +3.9% +47%
Telecom FSTCX 36.63 +0.46 +1.3% -0.8% -2.5% +38%
Utilities FSUTX 42.23 +0.53 +1.3% -2.4% -2.6% +5%
Medical Eqp FSMEX 22.39 +0.22 +1.0% -2.5% -4.0% +21%
Pharmaceutcl FPHAX 9.96 +0.10 +1.0% -1.3% -0.4% +13%
Average +2.5% -2.9% -1.5% +33%
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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 10/29 Day Day Blinkers Sgnl/Days
---------------------- -- --- --- ----- ---- ---- |---------|---------
Energy Svcs FSESX 1 0 +1 +3.3% -7% -2% 5 -- -+ SELL 3
Energy FSENX 2 0 +3 +3.7% -6% -1% 5 -- -+ SELL 3
Natural Res FNARX 3 0 +3 +3.9% -7% -3% 5 -- -+ SELL 3
Natural Gas FSNGX 4 0 0 +3.8% -7% -3% 5 -- -+ SELL 3
Softwr/Compt FSCSX 5 +9 +13 +1.5% -1% +3% 4 -+ -+ + SELL 1
Technology FSPTX 6 +1 +5 +1.7% -4% 0% 5 -- -+ + SELL 6
IT Services FBSOX 7 +2 +6 +1.6% -3% 0% 5 -- -+ + SELL 6
Globl Commod FFGCX 8 +2 +18 +3.1% -5% -1% 5 -- -+ + SELL 2
Gold FSAGX 9 -4 -6 +3.7% -6% -9% 5 -- -+ SELL 7
Automotive FSAVX 10 -4 +22 +2.8% -11% -5% 5 -- -+ SELL 1
Consum Stpls FDFAX 11 +12 +11 +1.9% -1% +1% 4 -+ -+ + SELL 3
Retailing FSRPX 12 +9 +7 +2.5% -2% 0% 5 -- -+ + SELL 8
Multimedia FBMPX 13 0 -4 +3.2% -4% -2% 5 -- -+ SELL 34
Computers FDCPX 14 +1 -7 +2.3% -3% -1% 5 -- -+ + SELL 31
Brokerage FSLBX 15 -7 -5 +4.1% -5% -2% 5 -- -+ SELL 8
Comm Equip FSDCX 16 -5 -4 +2.5% -5% -2% 5 -- -+ SELL 8
Materials FSDPX 17 -5 -2 +3.3% -6% -3% 5 -- -+ SELL 6
Indust Equip FSCGX 18 +1 -1 +2.2% -5% -1% 5 -- -+ + SELL 34
Banking FSRBX 19 -1 -5 +3.8% -4% -2% 5 -- -+ SELL 10
Financl Svcs FIDSX 20 -4 -4 +3.8% -5% -2% 5 -- -+ SELL 8
Consumer Ind FSCPX 21 +4 -1 +2.8% -4% -2% 5 -- -+ + SELL 8
Chemical FSCHX 22 -2 -1 +2.5% -5% -2% 5 -- -+ SELL 6
Insurance FSPCX 23 -1 -15 +4.1% -3% -3% 5 -- -+ SELL 58
Industrials FCYIX 24 0 +1 +2.2% -5% -2% 5 -- -+ SELL 6
Pharmaceutcl FPHAX 25 +3 +8 +1.0% -3% -1% 5 -- -+ + SELL 6
Defnc/Aerosp FSDAX 26 +3 -3 +1.7% -3% -1% 5 -- -+ + SELL 9
Leisure FDLSX 27 0 -3 +2.3% -5% -4% 5 -- -+ SELL 6
Environment FSLEX 28 +4 +8 +2.0% -2% 0% 5 -- -+ + SELL 6
Health Care FSPHX 29 +1 0 +1.8% -3% -2% 5 -- -+ + SELL 8
Medical Del FSHCX 30 +7 +7 +3.4% 0% +2% 4 -+ ++ + SELL 36
Telecom FSTCX 31 +2 -3 +1.3% -2% -2% 5 -- -+ + SELL 28
Medical Eqp FSMEX 32 +4 -1 +1.0% -3% -3% 5 -- -+ + SELL 36
Utilities FSUTX 33 +1 +6 +1.3% -4% -2% 5 -- -+ + SELL 6
Electronics FSELX 34 -3 -7 +2.3% -5% -4% 5 -- -+ SELL 13
Wireless FWRLX 35 0 -1 +2.1% -4% -3% 6 -- -- SELL 29
Air Transprt FSAIX 36 -19 -35 +1.9% -8% -10% 6 -- -- SELL 34
Transport FSRFX 37 -11 -7 +2.1% -8% -8% 6 -- -- SELL 7
Telecom/Util FIUIX 38 +1 +3 +1.8% -4% -3% 5 -- -- + SELL 6
Home Finance FSVLX 39 +1 -4 +3.1% -2% -2% 5 -- -- + SELL 35
Const/Housng FSHOX 40 -2 -2 +2.7% -6% -5% 6 -- -- SELL 36
Biotech FBIOX 41 0 -1 +1.6% -5% -7% 6 -- -- SELL 34
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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...: 0 41
% of Total......: 0% 100%
Ave Days Elapsed: 0 15
Ave High Profit.: 0% +5%
Ave High Profit.: 0% +5%
Percentage of PMOs Rising ..........: 2%
Percentage of PMOs Above Zero.......: 98%
10/29 Cal
Close % Days High Today PMO
Name/Symbol NAV Change Signl Elap P/L P/L R/F Days
---------------------- ------ ------ ----- ---- ------- ------- --------
Automotive FSAVX 27.72 +2.8% SELL 1 0.0% -2.8% F 3
Softwr/Compt FSCSX 69.27 +1.5% SELL 1 0.0% -1.5% F 2
Globl Commod FFGCX 13.79 +3.1% SELL 2 3.7% 0.8% F 6
Consum Stpls FDFAX 61.20 +1.9% SELL 3 1.0% -0.9% F 6
Energy FSENX 43.46 +3.7% SELL 3 4.8% 1.3% F 6
Energy Svcs FSESX 57.59 +3.3% SELL 3 5.0% 1.9% F 6
Natural Gas FSNGX 31.58 +3.8% SELL 3 5.4% 1.7% F 7
Natural Res FNARX 27.59 +3.9% SELL 3 5.4% 1.7% F 6
Chemical FSCHX 70.18 +2.5% SELL 6 5.0% 2.6% F 8
Environment FSLEX 14.83 +2.0% SELL 6 3.2% 1.3% F 9
Industrials FCYIX 16.58 +2.2% SELL 6 5.7% 3.7% F 6
IT Services FBSOX 16.17 +1.6% SELL 6 2.9% 1.3% F 8
Leisure FDLSX 62.73 +2.3% SELL 6 6.3% 4.2% F 9
Materials FSDPX 49.14 +3.3% SELL 6 6.8% 3.7% F 8
Pharmaceutcl FPHAX 9.96 +1.0% SELL 6 2.3% 1.3% F 8
Technology FSPTX 67.88 +1.7% SELL 6 5.1% 3.5% F 8
Telecom/Util FIUIX 12.75 +1.8% SELL 6 4.0% 2.2% F 6
Utilities FSUTX 42.23 +1.3% SELL 6 3.7% 2.4% F 8
Gold FSAGX 41.04 +3.7% SELL 7 9.8% 6.5% F 9
Transport FSRFX 33.78 +2.1% SELL 7 10.0% 8.1% F 8
Brokerage FSLBX 49.17 +4.1% SELL 8 7.5% 3.7% F 9
Comm Equip FSDCX 19.61 +2.5% SELL 8 6.0% 3.7% F 9
Consumer Ind FSCPX 17.44 +2.8% SELL 8 4.9% 2.2% F 8
Financl Svcs FIDSX 58.90 +3.8% SELL 8 6.1% 2.6% F 6
Health Care FSPHX 97.89 +1.8% SELL 8 4.2% 2.5% F 9
Retailing FSRPX 42.58 +2.5% SELL 8 2.5% 0.0% F 9
Defnc/Aerosp FSDAX 55.24 +1.7% SELL 9 4.2% 2.5% F 6
Banking FSRBX 15.42 +3.8% SELL 10 6.4% 2.9% F 6
Electronics FSELX 35.75 +2.3% SELL 13 7.5% 5.4% F 13
Telecom FSTCX 36.63 +1.3% SELL 28 1.5% 0.2% F 9
Wireless FWRLX 6.26 +2.1% SELL 29 5.8% 3.8% F 9
Computers FDCPX 41.38 +2.3% SELL 31 4.4% 2.2% F 14
Air Transprt FSAIX 26.14 +1.9% SELL 34 11.7% 10.1% F 14
Biotech FBIOX 59.42 +1.6% SELL 34 11.4% 10.0% F 9
Indust Equip FSCGX 23.65 +2.2% SELL 34 3.9% 0.6% F 6
Multimedia FBMPX 30.74 +3.2% SELL 34 1.2% -2.0% F 6
Home Finance FSVLX 10.65 +3.1% SELL 35 5.1% 2.2% F 13
Const/Housng FSHOX 26.91 +2.7% SELL 36 11.1% 8.6% F 9
Medical Del FSHCX 38.36 +3.4% SELL 36 6.0% 1.9% R 0
Medical Eqp FSMEX 22.39 +1.0% SELL 36 3.9% 2.9% F 9
Insurance FSPCX 40.01 +4.1% SELL 58 0.3% -5.2% F 14
Average +2.5% 15 5.0% 2.5% 8
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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...: 39 2
% of Total......: 95% 5%
Ave Days Elapsed: 143 4
Ave High Profit.: +27% +2%
Ave Profit......: +19% +1%
Ave Rel to Stop.: +10% 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.
10/29 Cal Price
Close % Days High Today Rel to
Name/Symbol NAV Change Sgnl Elap P/L P/L STOP Stop
---------------------- ------ ------ ---- ---- ------ ------ ------ -------
Home Finance FSVLX 10.65 +3.1% BUY 83 3.8% -3.4% 10.31 +3.3%
Defnc/Aerosp FSDAX 55.24 +1.7% BUY 87 12.8% 7.5% 52.20 +5.8%
Banking FSRBX 15.42 +3.8% BUY 91 21.8% 14.6% 14.24 +8.3%
Air Transprt FSAIX 26.14 +1.9% BUY 97 30.6% 12.9% 25.34 +3.2%
Telecom/Util FIUIX 12.75 +1.8% BUY 97 3.1% -2.4% 12.12 +5.2%
Energy FSENX 43.46 +3.7% BUY 98 23.8% 15.2% 39.02 +11.4%
Energy Svcs FSESX 57.59 +3.3% BUY 98 24.9% 15.2% 52.24 +10.2%
Insurance FSPCX 40.01 +4.1% BUY 99 26.6% 21.7% 35.86 +11.6%
Utilities FSUTX 42.23 +1.3% BUY 100 9.7% 3.6% 40.26 +4.9%
Chemical FSCHX 70.18 +2.5% BUY 101 23.9% 16.9% 63.56 +10.4%
Const/Housng FSHOX 26.91 +2.7% BUY 101 23.5% 9.1% 26.19 +2.8%
Financl Svcs FIDSX 58.90 +3.8% BUY 101 23.3% 16.3% 53.67 +9.7%
Globl Commod FFGCX 13.79 +3.1% BUY 101 19.8% 13.2% 12.29 +12.2%
Natural Gas FSNGX 31.58 +3.8% BUY 101 28.7% 18.5% 28.52 +10.7%
Natural Res FNARX 27.59 +3.9% BUY 104 30.0% 19.9% 24.76 +11.4%
Indust Equip FSCGX 23.65 +2.2% BUY 105 24.7% 18.5% 21.67 +9.1%
Industrials FCYIX 16.58 +2.2% BUY 105 23.4% 15.9% 15.29 +8.4%
Materials FSDPX 49.14 +3.3% BUY 105 29.0% 20.3% 43.56 +12.8%
Health Care FSPHX 97.89 +1.8% BUY 153 20.6% 14.5% 92.07 +6.3%
Medical Eqp FSMEX 22.39 +1.0% BUY 153 17.9% 12.1% 21.20 +5.6%
Pharmaceutcl FPHAX 9.96 +1.0% BUY 153 18.6% 13.7% 9.31 +7.0%
Brokerage FSLBX 49.17 +4.1% BUY 154 37.3% 28.8% 42.65 +15.3%
Electronics FSELX 35.75 +2.3% BUY 154 34.8% 22.4% 32.69 +9.3%
Automotive FSAVX 27.72 +2.8% BUY 164 60.1% 42.1% 24.01 +15.4%
Consum Stpls FDFAX 61.20 +1.9% BUY 164 21.9% 20.2% 54.90 +11.5%
Environment FSLEX 14.83 +2.0% BUY 174 14.8% 10.6% 13.85 +7.1%
Medical Del FSHCX 38.36 +3.4% BUY 175 25.1% 19.7% 34.74 +10.4%
Multimedia FBMPX 30.74 +3.2% BUY 181 32.3% 26.7% 27.10 +13.4%
Computers FDCPX 41.38 +2.3% BUY 183 41.7% 36.6% 35.62 +16.2%
IT Services FBSOX 16.17 +1.6% BUY 183 34.7% 29.8% 14.09 +14.8%
Gold FSAGX 41.04 +3.7% BUY 188 39.8% 25.8% 37.15 +10.5%
Softwr/Compt FSCSX 69.27 +1.5% BUY 188 31.1% 29.2% 59.93 +15.6%
Consumer Ind FSCPX 17.44 +2.8% BUY 195 24.1% 18.2% 16.02 +8.9%
Leisure FDLSX 62.73 +2.3% BUY 195 22.5% 14.6% 59.34 +5.7%
Technology FSPTX 67.88 +1.7% BUY 195 48.1% 41.7% 58.30 +16.4%
Comm Equip FSDCX 19.61 +2.5% BUY 196 50.0% 39.2% 17.30 +13.4%
Telecom FSTCX 36.63 +1.3% BUY 210 21.4% 16.8% 34.25 +6.9%
Wireless FWRLX 6.26 +2.1% BUY 210 27.3% 18.6% 5.96 +5.0%
Retailing FSRPX 42.58 +2.5% BUY 218 43.6% 38.8% 37.22 +14.4%
Transport FSRFX 33.78 +2.1% SELL 1 0.0% -2.1% 36.38 -7.1%
Biotech FBIOX 59.42 +1.6% SELL 6 4.6% 3.1% 64.34 -7.6%
Average +2.5% 136 25.7% 18.4% +8.9%
****************************************************************************
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...: 0 41 39 2
% of Total......: 0% 100% 95% 5%
Ave Days Elapsed: 0 15 143 4
Ave High Profit.: 0% +5% +27% +2%
Ave Profit......: 0% +3% +19% +1%
Ave Rel to Stop.: +10% 0%
Percentage of PMOs Rising ..........: 2%
Percentage of PMOs Above Zero.......: 98%
|-- 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 34 +11.7% +10.1% BUY 97 +30.6% +12.9%
Automotive Warn! SELL 1 0.0% -2.8% BUY 164 +60.1% +42.1%
Banking Warn! SELL 10 +6.4% +2.9% BUY 91 +21.8% +14.7%
Biotech SELL 34 +11.5% +10.0% SELL 6 +4.6% +3.1%
Brokerage Warn! SELL 8 +7.5% +3.7% BUY 154 +37.3% +28.8%
Chemical Warn! SELL 6 +5.0% +2.6% BUY 101 +23.9% +16.9%
Comm Equip Warn! SELL 8 +6.0% +3.7% BUY 196 +50.0% +39.2%
Computers Warn! SELL 31 +4.4% +2.2% BUY 183 +41.7% +36.6%
Const/Housng Warn! SELL 36 +11.1% +8.6% BUY 101 +23.5% +9.1%
Consum Stpls Warn! SELL 3 +1.0% -0.9% BUY 164 +21.9% +20.2%
Consumer Ind Warn! SELL 8 +4.9% +2.2% BUY 195 +24.1% +18.2%
Defnc/Aerosp Warn! SELL 9 +4.2% +2.5% BUY 87 +12.8% +7.5%
Electronics Warn! SELL 13 +7.5% +5.5% BUY 154 +34.8% +22.4%
Energy Warn! SELL 3 +4.8% +1.3% BUY 98 +23.8% +15.2%
Energy Svcs Warn! SELL 3 +5.0% +1.9% BUY 98 +24.9% +15.2%
Environment Warn! SELL 6 +3.2% +1.3% BUY 174 +14.8% +10.6%
Financl Svcs Warn! SELL 8 +6.1% +2.6% BUY 101 +23.3% +16.3%
Globl Commod Warn! SELL 2 +3.7% +0.8% BUY 101 +19.8% +13.2%
Gold Warn! SELL 7 +9.8% +6.5% BUY 188 +39.8% +25.8%
Health Care Warn! SELL 8 +4.2% +2.5% BUY 153 +20.6% +14.5%
Home Finance Warn! SELL 35 +5.1% +2.2% BUY 83 +3.8% -3.5%
Indust Equip Warn! SELL 34 +3.9% +0.6% BUY 105 +24.7% +18.5%
Industrials Warn! SELL 6 +5.7% +3.7% BUY 105 +23.4% +15.9%
Insurance Warn! SELL 58 +0.3% -5.2% BUY 99 +26.6% +21.7%
IT Services Warn! SELL 6 +2.9% +1.3% BUY 183 +34.7% +29.8%
Leisure Warn! SELL 6 +6.3% +4.2% BUY 195 +22.5% +14.6%
Materials Warn! SELL 6 +6.8% +3.7% BUY 105 +29.0% +20.3%
Medical Del Warn! SELL 36 +6.0% +1.9% BUY 175 +25.1% +19.7%
Medical Eqp Warn! SELL 36 +3.9% +2.9% BUY 153 +17.9% +12.1%
Multimedia Warn! SELL 34 +1.2% -2.0% BUY 181 +32.3% +26.7%
Natural Gas Warn! SELL 3 +5.4% +1.7% BUY 101 +28.7% +18.5%
Natural Res Warn! SELL 3 +5.4% +1.7% BUY 104 +30.0% +19.9%
Pharmaceutcl Warn! SELL 6 +2.3% +1.3% BUY 153 +18.6% +13.7%
Retailing Warn! SELL 8 +2.5% +0.0% BUY 218 +43.6% +38.8%
Softwr/Compt Warn! SELL 1 0.0% -1.5% BUY 188 +31.1% +29.2%
Technology Warn! SELL 6 +5.1% +3.5% BUY 195 +48.1% +41.7%
Telecom Warn! SELL 28 +1.5% +0.3% BUY 210 +21.4% +16.8%
Telecom/Util Warn! SELL 6 +4.0% +2.2% BUY 97 +3.1% -2.5%
Transport SELL 7 +10.0% +8.1% SELL 1 0.0% -2.2%
Utilities Warn! SELL 6 +3.7% +2.5% BUY 100 +9.7% +3.6%
Wireless Warn! SELL 29 +5.8% +3.8% BUY 210 +27.3% +18.6%
Average 15 +5.0% +2.5% 136 +25.7% +18.4%
*****************************************************************************
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 Thursday 10/29/2009
Copyright 2009 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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