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Showing posts from April, 2021

April 9 2021 Market and Economic Commentary

  All three main US stock indexes ended the week on a high note, with the Dow Jones and the S&P 500 finishing at record closing levels on the back of a stimulus and vaccine-fuelled improvement in the economic outlook that fed expectations about a swifter economic recovery. Value-linked stocks and other hard-hit sectors benefited the most from the economic recovery, though growth names have found their footing again this week as Treasury yields retreated from more than one-year highs. Dovish Federal Reserve minutes released on Wednesday, which reiterated that the US central bank would keep financial conditions as lenient as possible for the foreseeable future, also kept sentiment elevated. On the data front, the US producer prices increased more than expected in March, recording the biggest annual gain in 9-1/2 years. European shares booked a sixth consecutive week of gains, their longest weekly winning streak since November 2019, with the DAX 30 adding 0.8% to close at a new ...

March 31 2021 Portfolio Results and Market Commentary

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BVA Value Momentum Portfolio Strategy Year-to-Date Performance as of March 31, 2021 Year-to-date,  the BVA Value Momentum Portfolio Strategy return is up 58.75% compared to a gain of 5.64% 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 278.57% compared to an increase of 23.83% for the Morningstar US Market Index. During March 2021, the entire 58.75% year-to-date portfolio gain was locked in due to declining price momentum. Proceeds were entirely reinvested in 1 to 3 Month US Treasury Bills. Going forward, money will be reinvested on a selective basis as opportunities are presented. Performance as of March 31, 2021 The Following ETF Lists Are Not Part of the BVA Value Momentum Portfolio Strategy And Are Shown For Informational Purposes Only US Stock Market ETFs Across investment styles year-to-date the top three performing ETFs were IWN ...