SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Fidelity Select Sector funds

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dennis who wrote (1615)3/3/1999 10:30:00 PM
From: Julius Wong  Read Replies (2) of 4916
 
Dennis:

The market looks tired. Small cap stocks are treated like dirt. S&P stocks are hurting. Only NASDAQ 100 stocks are near neutral. See Post #1617 for data.

Interest rates are going up, but the best sector is financial!

Why the big money moved into financial when the interest rates moving up? I don't know. I guess the interest rates will be lower in a few weeks, say in three weeks.

What do I do with new money? Depends on the time frame. I am in MM fund based on short term consideration. On a longer term FSRPX and FDLSX are good funds. FSRPX has a very good looking chart, see a plot of FSRPX vs SP500.

Julius
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext