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 ...

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 ...

  Len Martinez PhD CPA -  President Bull Valley Advisors "INVESTING IN VALUE STOCKS WITH POSITIVE PRICE MOMENTUM" Wall Street closed in the green on Friday as stocks related to an economic reopening performed better again. Also, bank shares rose after the Federal Reserve announced that restrictions on bank holding company dividends and share repurchases currently in place will end for most firms after 30 June 2021. On the macro front, PCE figures showed that personal income fell less than expected, whereas spending declined at a faster pace and prices point to tame inflation. Meanwhile, the 10-year Treasury yield rose to 1.665%. The Dow Jones gained 453 points or 1.4% to 33,072. The S&P 500 increased 65 points or 1.7% to 3975, another record close. The Nasdaq added 161 points or 1.2% to 13,139. During the week, the Dow Jones climbed 1.4% and the S&P 1.6%, whereas the Nasdaq dropped 0.6%. All eyes turn to the US employment report next week, which will pro...

Wall Street closed in the red on Wednesday amid a sharp decline in tech shares, as the market rotation out of growth names continued. On the pandemic side, the WHO warned that many regions are seeing rises in COVID-19 contagions, with Germany, France, Chile and Brasil enforcing stricter lockdowns. On the macro side, oil prices rebounded 6% and boosted share prices in the energy sector, while the 10-year Treasury yield held steady at around 1.64%. The Dow Jones lost 2 points or less than 0.1% to 32,421. The S&P 500 shed 21 points or 0.6% to 3889. The Nasdaq 266 points or 2% to 12,962. The yield on the benchmark 10-year Treasury note edged higher to 1.64% on Wednesday after touching 1.59% early in the session as investors digest Fed Chair comments during his second appearance before Congress this week. Powell persistently played down inflation risks and higher yields and reiterated the US economic recovery is strengthening but remains far from complete. The 10-year yield...