Sector rotation

The largest gainers were the transportation stocks, with the Fidelity Select Transportation (FSRFX, up +2.96%) and the Fidelity Select Air Transportation (FSAIX, up +2.59%) funds taking the lead. Improving profits in this sector is great news for the economy.
The Fidelity Select Electronics (FSELX, +2.61%) also gained nicely as investors anticipate increased profits in the coming holiday season.

Mutual fund screens are provided by FidelitySignal.com  

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