Watch list

Markets surged around the globe on hope that the European Union will help Greece manage its growing debt burden. Interestingly, the biggest Fidelity fund gainers on our watch list were the Fidelity Select Air Transportation (FSAIX, up 4.37%) and the Fidelity Select Transportation (FSRFX, up 3.57%).

The Medical Equipment fund holds, but the Real Estate fund takes a dive

The Fidelity Select Medical Equipment fund (FSMEX) is one of the few funds finishing higher today in a weak market. Although the fund is above it’s 100 day moving average and one of the strongest amongst sector funds, the price pattern has not turned bullish yet.

The Fidelity Real Estate fund (FRESX) is down 2.63% after the close. Real Estate Income (FRIFX) is weakening too, but still stays in uptrend.