The precious metals and commodities have taken it on the chin lately, and sentiment growing to the point pessimism, our research for June still has gold at the top of the list.
Technically, it looks as if gold could hit the $600-$580 mark before rallying, but traders looking for a little excitement may want to play the Midas metal for a trade.
Given the weakness in the economic data this morning (jobs report & durable goods orders) the possibility of a fed pause after the June meeting is gaining momentum. If the metals markets suspect a pause is coming, you will probably see a reversal *and a rally) in the metals markets.
As you'll see below, gold is topping our list in both portfolios. We do not overweight any of the picks, but put equal dollar amounts in each of the Top 10.
Our top 10 Fidelity Select Funds for June in the Dynamic Growth Portfolio has only 2 changes from last month. The Dynamic Growth Newsletter will go public for subscribers in the next few months.
** Remember, the Dynamic Growth portfolio is for informational purposes only, and changes in the future will only be available to subscribers.
Here are the Top 10 Fidelity Select Funds for June;
FSAGX- Fidelity Select Gold Pf
FSLBX- Fidelity Select Brokerage & Investment Management Portfolio
FSAIX- Fidelity Select Air Trans Port
FSDPX- Fidelity Sel Indus Portfolio Materials
FNARX- Fidelity Select Natural Resources Portfolio
FSESX- Fidelity Select Energy Serv Port
FSRFX- Fidelity Select Transport Portfolio
FBSOX- Fidelity Select Portfolio Bus Services & Out
FSENX- Fidelity Select Portfolio Energy Fund
FPHAX- Fidelity Select Pharmaceuticals
Changes to the portfolio:
2 New Buys: FSENX- Fidelity Select Portfolio Energy Fund, FPHAX- Fidelity Select Pharmaceuticals
2 New Sells: FWRLX- Fidelity Select Wireless, FSTCX- Fidelity Select Telecom
Here are the top 10 ETF's;
We trade our ETF portfolio more frequently (weekly) since there is no required holding time on ETF's. ETF's can be bought or sold any time the market is open similar to trading stocks. Our process is "Dynamic" meaning it changes constantly.
Our models tell us what funds or ETF's to buy or sell, so we don't sit around and try to decide what funds to buy. We follow our models exactly.
The ETF portfolio can change significantly from month to month. This is why we run our research every week, and make the necessary changes on a weekly basis.
This is why we caution you before you buy any of the ETF's we list "for informational purposes only". Until the Dynamic Growth newsletter goes public for subscribers, the changes that take place weekly will not be announced until the newsletter goes public.
Here are June's Top 10 ETF's (subject to change weekly);
GLD- streetTRACKS Gold Trust
IAU- iShares COMEX Gold Trust
EWC-iShares MSCI Canada Index Fund
SHY- iShares Trust Lehman 1-3 Year Treasury Bond Fund
VPL- Vanguard Pacific VIPERs
ITF- iShares Trust S&P/TOPIX 150 Index Fund
EWJ- iShares MSCI Japan Index Fund
ILF-iShares Trust S&P Latin America 40 Index Fund
OIH-Merrill Lynch Oil Service HOLDRS Trust
ADRE-BLDRS Emerging Markets 50 ADS Index Fund
Changes to the portfolio:
5 New Buys: SHY- iShares Trust Lehman 1-3 Year Treasury Bond Fund, VPL- Vanguard Pacific VIPERs, ITF- iShares Trust S&P/TOPIX 150 Index Fund, EWJ- iShares MSCI Japan Index Fund, OIH-Merrill Lynch Oil Service HOLDRS Trust.
5 New Sells: PBW- PowerShares Exchange Traded Fund Trust WilderHill Clean Energy Portfolio, VWO- Vanguard Emerging Markets VIPERs, ADRA- BLDRS Asia 50 ADS Index Fund, EWZ- iShares MSCI Brazil (Free) Index Fund, JKH- iShares Morningstar Mid Growth Index Fund.
