Is a Summer Carnage or Carnival Ahead for Stocks?

The best performing Fidelity Select Fund on average beats the S&P 500 by 50% each year. Fidelity Select Biotechnology stands a good chance of finishing as the best performing Select fund in 2011. To read the 2012 forecast, read Fidelity Select Funds: Best, Worst, and 2012 Forecast.

Fidelity has relaxed its 180-day holding period requirement for commission-free trades of no load no transaction fee mutual funds in Fidelity FundsNetwork. The new rule allows investors to trade no load, NTF mutual funds commission-free after holding them for 60 days.

The best performing Fidelity Select Fund on average beats the S&P 500 by 50% each year. Fidelity Select Automotive stands a good chance of finishing as the best performing Select fund. To read the 2011 forecast, read Fidelity Select Funds: Best, Worst, and 2011 Forecast?

Year 2012 actually turned out quite favorable for stocks. The fiscal cliff in the U. S. and the debt crisis in Europe did not prevent stocks from faring better than bonds and cash. Now, stocks are off to a strong start in 2013 even though Congress has failed to address the contentious U. S. debt limit issue and left room for a nastier fight down the road.

Tired of poor performance, Fidelity has replaced Harry Lange with Jeffrey Feingold as the manager of the Fidelity Magellan mutual fund FMAGX. Feingold has achieved an admirable track record for the funds he currently manages. Can Feingold right ship a sagging Magellan to ease the pain of long-suffering shareholders? To get the fund's prospects, read this review of the Fidelity Magellan mutual fund.

Unlike most investment products that can make you money only when the market environment is favorable, sectors ETFs can make you money even when the market is unfavorable. Learn to pick the best sector ETF consistently.

In the ETF marketplace, there are ample opportunities to invest beyond the Energy Select Sector SPDR ETF. ETFs that owned oil exploration and production stocks were the top performers in 2010. Oil service ETFs and natural gas ETFs can be strong contenders for being the best oil ETFs in 2011.

David Tepper is on CNBC arguing that stocks are still a buy. During his appearance, he held up a chart from the blog Liberty Street Economics, which is a blog hosted by the New York Fed. The chart he shows shows the Equity Risk Premium, wbhich is the gap between expected return on stocks vs. bonds.