The Bull Valley Advisor Update December 27, 2019
Year-to-Date Performance as of December 27, 2019
Year-to-date, the BVA Value Momentum Strategy Portfolio return is up 156.70 %, compared to an increase of 29.00 % for the Morningstar US Market Index. The stocks on the strategy list currently have an average price to fair value of .74 vs approximately 1.05 for the Morningstar coverage universe.
US Weekly Market Summary
- Week Ending 12/27/2019
The Standard & Poor's 500 index rose 0.6% this week to another all-time closing high as an advance led by the consumer discretionary and energy sectors extended the stock market's year-end rally to a fifth consecutive week.
The S&P 500 is now up 29% for the year with just two trading days remaining in 2019.
The consumer discretionary sector had the largest percentage gain for the week, up 1.5%. The energy sector gained 0.6%, while technology rose 1.1% and materials were up 0.6%. Utilities declined 0.4% for the week.
European stocks closed mostly higher on Friday boosted by hopes of a truce in the 17 month old trade war between the United States and China.
Gold was trading around $1,510 per ounce on Friday, the highest since November 4th.
Oil eased from a 3-month high reached earlier on Friday, with US Crude trading around $61.29 per Barrel and Brent Crude trading around $66.47 per barrel.
Visit my Website to Subscribe and ask for a FREE COPY of the "Bull Valley Advisor" Stock Market newsletter:
www.bullvalleyadvisors.com
Data is derived from sources considered to be reliable including Morningstar, StockCharts.com, YAHOO Finance, FINVIZ, TipRanks, Investing.com, ECRI, OECD, GuruFocus, Crestmont Research and S2O . Results are not guaranteed. Len Martinez is not a RIA. The data is shown for informational purposes and should not be considered investment advice or an offer to buy or sell securities.
Year-to-date, the BVA Value Momentum Strategy Portfolio return is up 156.70 %, compared to an increase of 29.00 % for the Morningstar US Market Index. The stocks on the strategy list currently have an average price to fair value of .74 vs approximately 1.05 for the Morningstar coverage universe.
US Weekly Market Summary
- Week Ending 12/27/2019
The Standard & Poor's 500 index rose 0.6% this week to another all-time closing high as an advance led by the consumer discretionary and energy sectors extended the stock market's year-end rally to a fifth consecutive week.
The S&P 500 is now up 29% for the year with just two trading days remaining in 2019.
The consumer discretionary sector had the largest percentage gain for the week, up 1.5%. The energy sector gained 0.6%, while technology rose 1.1% and materials were up 0.6%. Utilities declined 0.4% for the week.
European stocks closed mostly higher on Friday boosted by hopes of a truce in the 17 month old trade war between the United States and China.
Gold was trading around $1,510 per ounce on Friday, the highest since November 4th.
Oil eased from a 3-month high reached earlier on Friday, with US Crude trading around $61.29 per Barrel and Brent Crude trading around $66.47 per barrel.
Visit my Website to Subscribe and ask for a FREE COPY of the "Bull Valley Advisor" Stock Market newsletter:
www.bullvalleyadvisors.com
Data is derived from sources considered to be reliable including Morningstar, StockCharts.com, YAHOO Finance, FINVIZ, TipRanks, Investing.com, ECRI, OECD, GuruFocus, Crestmont Research and S2O . Results are not guaranteed. Len Martinez is not a RIA. The data is shown for informational purposes and should not be considered investment advice or an offer to buy or sell securities.
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