Best Fidelity Mutual Funds for Investing in the Energy Sector

The gradually increasing price of natural resources and the prospect of worldwide economic recovery have resulted in the sector becoming one of the top investment areas. Fidelity offers several excellent mutual funds to take advantage of this long-term trend. Here, we highlight three of the top ranked natural resources funds (see ranking).

The Fidelity Select Natural Gas Portfolio Fund (FSNGX) is one of the top performing Fidelity mutual fund in 2014 with a 14.17% year-to-date return. The blue arrow on top panel of the chart shows that FSNGX has outperformed the S&P 500 index since January:

fsngx

The Fidelity Select Energy Services Fund (FSESX) also shows a similar, very bullish chart pattern:

fsesx

For investors who are interested in broad diversification across of natural resources, the Fidelity Select Natural Resources Fund (FNARX) offers an excellent investment choice:

fnarx

 

Buy and sell signals for Fidelity funds are available at FidelitySignal.com

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The Best Fidelity Funds Right Now May Surprise You

Volatility has increased in the equity markets in the last two weeks, which makes it confusing for investors to see where the market is headed. That is why it may be useful to take a look at the top 10 ranked Fidelity funds (ranking is provided by FidelitySignal):

FidelitySignal_Top 10

To make sense of the current market dynamics, let’s focus on the Fidelity funds with green arrows in the weekly column. These are the investments that both make the top 10 ranking and also have increased their rank compared to a week ago.

On top of the list is the Fidelity Select Natural Gas Fund (FSNGX). The top panel in the chart below shows that FSNGX has a very strong relative strength (ratio of the the fund and the $SPY tracking index) compared to the S&P 500 index:

fsngx

Our second example is the Fidelity Select Natural Resources Fund (FNARX). As noted in earlier blog articles, FNARX continues to outperform other equity sectors:

fnarx

The third example is the Fidelity Real Estate Income Fund (FRIFX). We highlighted FRIFX as a top income investment choice for 2014 in previous articles and FRIFX continues to show a strong positive trend:

frifx

Now, let’s contrast our top  movers with the currently weakest sector, which is biotechnology (see FBIOX chart below):

fbiox

 

In conclusion, while utilities and other defensive sectors are making gains, as well, the current market environment seems to favor natural resources and real estate investments.

 

Buy and sell signals are available at FidelitySignal.com

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The Fidelity Select Natural Resources, Natural Gas and Energy Funds are the Top Gainers Today

Seesaw market action today resulted in the Dow Jones Industrial Average briefly reaching an all-time high level before pulling back at the end of the trading session. Perhaps the most disappointing is the performance of companies in the social media and biotechnology sectors. These sectors led the bull market last year, but they no longer appear to be in in favor with investors.

While market volatility and sector rotation can be confusing on the short run, it is worthwhile to take a look at the long-term picture from time-to-time. The five-year charts below show three excellent Fidelity funds (FNARX, FSNGX and FSENX) that invest in the natural resources sector. This sector includes natural gas, oil and other energy sources, in addition to metals and materials stocks.

The charts show that the natural resources sector resumed its long-term uptrend last July, which coincided with an about 10% increase of crude oil prices. This positive trend is also supported by the American energy renaissance, which includes the development of unconventional and alternative energy resources.

While stocks of natural resources companies can be volatile, this sector continues to be an attractive choice for investors seeking diversification in 2014, because both the fundamental and the technical drivers are in place.

fnarx

fsngx

fsenx

 

Buy and sell signals are available at FidelitySignal.com

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Top Ranked Select Sector Fund: Fidelity Select Natural Gas

Fidelity Select Natural Gas Fund (FSNGX, last change: 1.06%)

The Fidelity Select Natural Gas Fund (FSNGX, last change: 1.06%) is the best-performing sector fund in October based on the momentum ranking provided by FidelitySignal.com. FSNGX continues to show a bullish chart pattern and a breakout to a new high can provide a new buying opportunity. 

 

Buy/sell signals for Fidelity funds are available at FidelitySignal.com

 

Best Fidelity Mutual Fund of 2013: Select Biotechnology Fund; Commodity Funds are also Gaining Momentum;

Fidelity Select Biotechnology Fund (FBIOX, last change: 2.05%)

The stock market rallied today in spite of the government shut down. The top Fidelity mutual fund, the Select Biotechnology Fund (FBIOX, last change: 2.05%) gained the most in today’s session. FBIOX has returned a stellar 62.86% so far in 2013 and shows no signs of slowing down. Also notable, that commodity-related mutual funds made it to the top 10 list today. These are the Fidelity Select Natural Gas (FSNGX) and the Fidelity Global Commodity Stock (FFGCX) funds.

Buy/sell signals for Fidelity funds are available at FidelitySignal.com