V2 Model August 13, 2022 Update

Broad SP500 gains. Which way next?

Author

Chris Vig
August 13, 2022

Recap

The stock market saw some positive action this week, largely because it saw signs of disinflation in the Consumer Price Index (CPI), Producer Price Index (PPI), and Import-Export Price Index reports for July. They all went the market's way, which is to say they supported the peak inflation narrative.

The gains were broad-based and substantive. The S&P 500 scored its fourth straight weekly advance and crossed an important level (4,231) that some will interpret as a telltale signal that the low in June was the low for the bear market.

The V2 Model Portfolio had a strong week and increased our substantial lead over the SP500 to nearly 18%.

Performance This Week / YTD

V2 +7.26% / +8.39%

SPY  +3.30% / -9.48%

Changes 

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Current VIG Portfolio! (We Use Common ETFs.)
  • • Access KIAM our automated , AI, algorithm in Composer.
  • • Weekly Recap, Performance, Market Notes and Informative Charts!
  • • Totally Transparent. V2 Is Easy to Follow. Simple to Use.