Bull Corner: Fidelity’s Housing and Construction Fund Breaks Out to New 52-Week High

Fidelity Select Construction and Housing Fund (FSHOX, last change: 2.19%)

As we wrote in our blog entry on November 28, investing in real estate funds can be tricky. We wanted to see the Fidelity Select Construction and Housing Fund (FSHOX, last change: 2.19%) moving above the region of high volatility on the chart to turn even more bullish on the sector. The decisive move did occur today with FSHOX making an impressive gain and breaking out to a new 52-week high. 

 

Buy/sell signals are available at FidelitySignal.com

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