October 28, 2003

Sector Fund Strategy -- Weekly Review

Model run on 10/27/03

For traders who want to switch into and out of industry sectors, this screen shows -- on a weekly basis -- which Fidelity sector funds are in bullish or bearish trends.

The results come from a technical model, run by Standard & Poor's, that examines three indicators based on adaptive moving averages:

*Current price

*Accumulation (number of times a fund closes up or down during a period)

*Relative strength (relative to the range in which a fund has been trading)

S&P research director Andre Archambault selected these because of their past accuracy. The signals from all three trends must agree for a "New Buy" or "New Sell" to be issued on a fund.

New Buys were previously bearish or neutral and are now bullish. New Sells were previously bullish or neutral and are now bearish.

Previous Trend (10/20/03)Current Trend (10/27/03)New Buys/Sells

  • Fidelity Select:Biotechnology Portfolio (FBIOX) NeutralNeutral
  • Fidelity Select:Multimedia Portfolio (FBMPX) BullBull
  • Fidelity Select:Business Serv & Outsourcing (FBSOX) BullBull
  • Fidelity Select:Cyclical Industries (FCYIX) BulBull
  • Fidelity Select:Computers Portfolio (FDCPX) BullBull
  • Fidelity Select:Food & Agriculture Portfolio (FDFAX) BullBull
  • Fidelity Select:Leisure Portfolio (FDLSX) BullBull
  • Fidelity Select:Financial Services Portfolio (FIDSX) BullBull
  • Fidelity Select:Natural Resources (FNARX) BullBull
  • Fidelity Select Networking & Infrastructure (FNINX) BullNeutral
  • Fidelity Select Pharmaceuticals (FPHAX)NeutralNeutral
  • Fidelity Select:Gold Portfolio (FSAGX) BullBull
  • Fidelity Select:Air Transportation Fund (FSAIX) BullBull
  • Fidelity Select:Automotive Portfolio (FSAVX) BullNeutral
  • Fidelity Select:Industrial Equipment Port (FSCGX) BullBull
  • Fidelity Select:Chemicals Portfolio (FSCHX) BullBull
  • Fidelity Select:Consumer Industries Portfolio (FSCPX) BullBull
  • Fidelity Select:Software & Computer Portfolio (FSCSX) BullNeutral
  • Fidelity Select:Defense & Aerospace Portfolio (FSDAX) BullBull
  • Fidelity Select:Developing Communications (FSDCX) BullBull
  • Fidelity Select:Industrial Materials Port (FSDPX) BullBull
  • Fidelity Select:Electronics Portfolio (FSELX) BullBull
  • Fidelity Select:Energy Portfolio (FSENX) BullBull
  • Fidelity Select:Energy Service Portfolio (FSESX) BearBear
  • Fidelity Select:Medical Delivery Portfolio (FSHCX) BullBull
  • Fidelity Select:Construction & Housing Port (FSHOX) BullBull
  • Fidelity Select:Brokerage & Investment Port (FSLBX) BullBull
  • Fidelity Select:Environmental Services Port (FSLEX) BullBull
  • Fidelity Select:Medical Systems & Equipment (FSMEX)NeutralNeutral
  • Fidelity Select:Natural Gas Portfolio (FSNGX) NeutralBearNew Sell
  • Fidelity Select:Insurance Portfolio (FSPCX) BullBull
  • Fidelity Select:Paper & Forest Products Port (FSPFX) BullBearNew Sell
  • Fidelity Select:Health Care Portfolio (FSPHX) NeutralNeutral
  • Fidelity Select:Technology Portfolio (FSPTX) BullBull
  • Fidelity Select:Regional Banks Portfolio (FSRBX) BullBull
  • Fidelity Select:Transportation Portfolio (FSRFX) BullBull
  • Fidelity Select:Retailing Portfolio (FSRPX) NeutralNeutral
  • Fidelity Select:Telecommunications Portfolio (FSTCX) BullBull
  • Fidelity Select:Utilities Growth Portfolio (FSUTX) BullBull
  • Fidelity Select:Home Finance Portfolio (FSVLX) BullBull
  • Fidelity Select Wireless (FWRLX) BullBull
Reprints Discuss this story
This is where the comments go.