V2 Model July 18, 2020 Update

July 18, 2020

Good Morning!

V2 performance this week:

V2 down 5.34%

SPY up 1.30%

Year to date:

V2 up 106.06%

SPY up 1.02%.

Below is our Ratio #2 chart for V2. Here is what it illustrates:

You can see the purple ratio line experienced some volatility. This was and continues to be expected.
You can see blue consolidation box. The ratio is moving sideways since early July. After such an extended run up it helps to consolidated before perhaps moving higher.
You can see the orange moving average ratio line is flat for the last few periods, but it is still above the slower moving average (in green). This is bullish.
You can see in the very short term the Chande Trend Meter is sloping up and in the green. So we have a positive very short term trend.
Not pictured here, but also note, TQQQ dropped 5.34% this week. But the #2 ratio only dropped 2.41%. This tells us there was not sustained increased market demand for shorts or more defensive holdings. It tells us that the rally may be broadening to other areas beyond just the base index of QQQ. This should be helpful to sustain positive growth. In summary, we did not see a big run to safety. That may happen, but it has not happened yet.

V2 remains long TQQQ.

The V2 Model has performed exactly as expected.

Distance=Victory

Chris

ps. Please invite others to join The Vig Company. And also, please, do not share the V2 Model allocations with others. We keep the monthly charges low for all as everyone pays their own way. Our information should not be copied or shared in any form.

Use of The Vig Company LLC information and newsletters herein is at one's own risk. We are simply sharing the results of our Models. Nothing should be construed as a recommendation or an offer to buy or sell any securities, and we are not liable nor do we assume any responsibility for losses incurred as a result of any information provided or not provided or not made available in a timely manner herein or on our website or using any other medium. We cannot guarantee the accuracy and completeness of any information furnished by us. We may buy, sell or hold any security listed in our information at any time. We are not registered investment advisors and have no understanding of your personal financial situation, risk tolerances, or investing objectives. Any investment decisions you make are your own own. Please do your own diligence when investing your hard earned money.