Is it Time to Buy the Fidelity Emerging Market Fund?

Fidelity Emerging Markets Fund (FEMKX, last change: 1.7%)

Emerging market investments have under-performed for most of 2013, but as money starts flowing into Chinese, Indian and Brazilian equities again, the Fidelity Emerging Markets Fund (FEMKX, last change: 1.7%) may be a good choice for investors who are looking to diversify. 

 

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

 

Money flow: the bull market is back for U.S. equities

In a remarkably bullish trading session today equity investments rose across the board in response to positive news about the potential resolution of the European debt crisis and on the heels of days of positive earnings and economic data in the U.S.

Our equity benchmark, the Fidelity Spartan 500 Index fund (FUSEX, change: 3.43%), continues to advance after the recent bullish breakout.

Our equity benchmark, the Fidelity Spartan 500 Index fund (FUSEX, change: 3.43%), continues to advance after the recent bullish breakout.

All Fidelity select sector and international equity funds closed higher in the lifting tide of buying. While stocks advanced, investors rotated money out of bonds, with the long-term U.S. treasury bonds being hit the hardest.

The Fidelity Spartan Long-term Treasury Bond fund (FLBIX, change: -3.07%) was the weakest performer today.

The Fidelity Spartan Long-term Treasury Bond fund (FLBIX, change: -3.07%) was the weakest performer today.

Mutual fund screens and buy/sell signals are provided by FidelitySignal.com