Events  Week Ahead:   The US is releasing the second estimate of Q1 GDP in the coming week, alongside durable goods orders, personal income and outlays, and PCE price index. Other GDP updates will be keenly watched, including for India, Turkey, Brazil and Canada. Elsewhere, all eyes turn to the Eurozone business survey and inflation rate, Germany retail sales, China industrial profits, and Japan consumer confidence, industrial production and retail trade. Meanwhile, the Bank of Korea will probably cut interest rates when it meets on Thursday. US Stocks Close Mixed, Book Strong Weekly Gains Wall Street closed mixed on Friday as investors gauged US-China tensions amid ongoing uncertainty about the pace of economic recovery and the easing of restrictions. President Donald Trump warned on Thursday that he would react strongly to China's plan for a national security law in Hong Kong, raising concerns over the Phase One trade deal's continuity. Overnight, China released a bill...

Returns in the Markets for the Week-Ending 05/08/2020 Were as Follows: US Major Market Indexes (The first number in each category is the 1-week performance. The second number is the year-to-date performance) Dow Jones 30 Industrial Average (+2.56%. -14.74%). S&P 500 (+3.50%, -9.32%). NASDAQ Index (+6.00%, +1.66%). Small-Cap Index (+0.5.49%, -20.30%). CBOE Volatility Index, or Fear Gage, (-24.76%, +103.05%). US Sector ETFs XLC Communication Services (+0.4.60%, -3.03%). XLY Consumer Discretionary (+4.47%, -6.05%). XLP Consumer Staples (+0.87%, -7.17%). XLE Energy (+8.17%, -33.86%). XLF Financial (+1.04%, -6.93%). XLV Health Care (+1.62%, -1.91%). XLI Industrials (+1.35%, -21.91%). XLB Materials (+3.33%, -13.95%). XLRE Real Estate (+1.43%, -13.07%). XLK Technology (+6.61%, +3.94%). XLU Utilities (+0.50%, -12.18%). Global Market ETFs ACWI all-country World index (+3.51%, -12.61%). ACWX all-country World index ex US (+3.51%, -18.12%). AAXJ all-country Asia ex Japan (+4.45%,...

BVA Value Momentum Portfolio Strategy Year-to-Date Performance as of April 30, 2020 Year-to-date, the BVA Value Momentum Portfolio Strategy return is up 65.13% compared to a decline of 10.61% 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 265.15% compared to an increase of 11.08% 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. At the end of March, the Portfolio was positioned entirely in Volatility, Inverse Equity ETFs (Exchange-Traded Funds) and 1-to-3month short-term U.S. Treasury Bills. These inve...

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%, -...