Both the U.S. and the international markets reacted positively to the outcome of the mid-term elections with all major sectors rallying today. International markets rallied strongly, as well. Investor sentiment turned positive too, while consumer spending remains high. As we wrote previously, we’d like to see a strong December rally that can continue into the first quarter of 2019.
We’d like to highlight the Fidelity Real Estate (FRESX) and the Fidelity Telecom (FSTCX) funds today:
We continue to like the Fidelity Utilities (FSUTX) and the Fidelity Healthcare Providers (FSHCX) funds: