Sharp Sell-Off of Global Equities Continued Today; Technology Stocks in Bearish Downtrend

Fidelity Select Technology Fund (FSPTX, last change: -2.14%)

The Fidelity Select Technology Fund (FSPTX, last change: -2.14%) moved below its 100 day moving average and now it is in a bearish downtrend. We would avoid investing in this sector until the market trend reverses.

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