The Stock Market is Climbing the Wall of Worry, Part 5: New Sector Leaders Emerge

After the recent consolidation in multiple sectors, the stock market accelerated to the upside today. The Dow closed above 14,000 for the first time since 2007 and 98% of Fidelity’s sector funds closed higher. International funds also did well today, but U.S. equities show stronger performance.

Fidelity funds investing in natural resources stocks, financials, technology, transportation, health care and small caps are emerging as the momentum leaders. Here is the list of the top 10 Fidelity domestic equity funds and their 2013 return:

Fidelity Select Energy Services, 13.01%
Fidelity Select Brokerage and Investment, 11.07%
Fidelity Select Medical Equipment and Systems, 10.79%
Fidelity Select IT Services, 10.05%
Fidelity Select Transportation, 9.42%
Fidelity Select Natural Gas, 9.01%
Fidelity Select Energy, 9.01%
Fidelity Select Insurance, 8.76%
Fidelity Select Biotechnology, 8.76%
Fidelity Small Cap Discovery, 8.68%


Buy/sell signals for Fidelity funds are available at 


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