The monthly investment analysis for my two Fidelity 401K funds is done.
The first Fidelity analysis on my current company fund choices say to keep my money in Royce Opportunities, Blue Chip Growth, and WFA SPL Midcap VL.
The second Fidelity analysis on my previous company Fidelity funds analysis says the strongest funds are Artisan Midcap fund, Mt. Vernon Growth and Vanguard Explorer Admiral Fund.
These are all strong stock funds and does not belly the fact that the markets were closed Friday but after the Jobs report Friday morning, the S&P futures took a >1% dive and we are expecting a much lower open. Some market pundits are heading for the hills citing other weaknesses. Then there is the sell in May and go away theory. The market appears to be faltering and early panicky investors are looking for cover.
Still, I have to decide whether to stay in the game and follow my system or jump at the first sign of weakness. I can frankly see merit to both. There are no fixed rules we must follow. Or are there? The markets have been climbing for a while and there is nothing wrong with walking away with profits. On the other hand I am not expecting the market to just capitulate. After a strong move up as we have seen, it is unlikely that there is no more strength left. More of a regrouping. But with the regrouping we will see weakness and eventually my systems will point down. I still have hedges on but the downward movement could hurt.
People wish to learn to swim and at the same time to keep one foot on the ground.
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