Returns in the Markets for the week ending 04/20/2020 were as follows: US Major Market Indexes (The first number is each category is the 1-week performance. The second number is the year-to-date performance) Dow Jones 30 Industrial Average (-1.93%. -16.69%). S&P 500 (-1.32%, -12.20%). NASDAQ Index (-0.18%, -3.77%). US Small-Cap Index (+0.74%, -25.79%). CBOE Volatility Index, or Fear Gage, (-5.82%, +160.74%). US Sector ETFs XLC Communication Services (+0.52%, -9.01%). XLY Consumer Discretionary (-0.60%, -10.07%). XLP Consumer Staples (-2.96%, -6.23%). XLE Energy (+1.97%, -40.95%). XLF Financial (-2.90%, -28.73%). XLV Health Care (-0.49%, -1.04%). XLI Industrials (-2.42%, -23.81%). XLB Materials (-.80%, -18.25%). XLRE Real Estate (-4.23%, -13.78%). XLK Technology (-0.71%, -2.81%).XLU Utilities (-3.65%, -8.80%). Global Market ETFs ACWI all-country World index (-1.34%, -15.58%). ACWX all-country World index ex US (-1.01%, -20.58%). AAXJ all-country Asia ex Japan (-1.34%, -...

BVA Value Momentum Portfolio Strategy - Year-to-Date Performance as of March 31, 2020: Year-to-date, the BVA Value Momentum Portfolio Strategy return is up 57.49% compared to a decline of 20.95% for the Morningstar US Market Index. Since the start of the portfolio on January 2, 2019, the BVA Value Momentum Portfolio Strategy return is up 280.45% compared to an increase of 1.35% for the Morningstar US Market Index. During February 11 individual stocks were forced out of the Portfolio due to a loss of momentum, as a result of the significant market decline. The decline was so broad based that I found no individual stocks meeting my criteria, to replace those which were forced out. During March, all the remaining individual stocks were forced out of the Portfolio, as a result of the continued market decline. Presently I find the most attractive opportunities in Volatility, Inverse Equity ETFs (Exchange-Traded Funds) and 1-to-3month short-term U.S. Treasury Bills. These invest...