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Daily Alert - 10/2/19

Our second recommendation is some profit-taking in a mutual fund.

Sell: Fidelity Select Defense & Aerospace Portfolio (FSDAX)
From Forecasts & Strategies
Updated from Wall Street’s Best Investments, April 10, 2019

Fidelity Select Defense & Aerospace Portfolio (FSDAX) is up 30% this year and is our oldest position in Forecasts & Strategies. We are taking profits and switching to ETF Invesco Aerospace & Defense ETF (PPA) which offers even better performance over time than FSDAX and always will be open to new investors, since it’s an ETF.

Mark Skousen, Forecasts & Strategies, www.markskousen.com, Eagle Financial, 300 New Jersey Ave. NW, Suite 500, Washington, D.C. 20001, October 2019