Vega Arc Posts October Results - Up 3.04% YTD up 39.55%
During October, we held 5 positions - a partial allocation, and the balance in cash. Here are the results compared to our benchmark of the tech ETF XLK:
December 31, 2018 VEGA ARC $11,000
January 31, 2019 VEGA ARC $14,442 +31.29% XLK +6.94%
February 28, 2019 VEGA ARC $16,484 +14.14% XLK +6.91%
March 30, 2019 VEGA ARC $17,065 +3.53% XLK +4.77%
April 30, 2019 VEGA ARC $16,370 -4.07% XLK +4.67
May 31, 2019 VEGA ARC $15,841 -3.23% XLK -8.66%
June 30, 2019 VEGA ARC $17,311 +9.28% XLK +8.94%
July 31, 2019 VEGA ARC $17,866 +3.21% XLK +3.50
August 31, 2019 VEGA ARC $16,486 -7.72% XLK -1.54%
September 30, 2019 VEGA ARC $14,899 -9.63% XLK +1.58
October 31, 2019 VEGA ARC $14,899 +3.04% XLK +3.9%
Year to Date: VEGA ARC +39.55% XLK +36.34%
This past month we owned the stocks of 5 companies. We were partially allocated. 3 positions posted gains. 2 posted losses. We were up 3.04% and did not beat our benchmark.
For November we have 10 holdings. We sold 2 stocks and added 7 stocks Long term trends are positive. and generally speaking interest rate cuts boost stocks. For November we reviewed and charted 114 companies. We used various indicators on short-term, middle-term and longer-term time frames. We seek companies that have a high probability of intermediate-term growth. From that group, we selected the 10 holdings for this coming month.
VEGA ARC Year-To-Date for 2019 is up 39.55%.
About VEGA ARC:
January 1st of 2019 we launched and are testing a new investment model. It is called VEGA ARC.
We have researched and developed a pool of about 150 companies that are innovators in the genome, industrial, next-generation web, and financial tech. From that group, we will look for the top 10 growth and trend characteristics from charting each company on various time frames. We will hold 10 securities each month and buy in equal weights. Ongoing, on or about the first of each month we may hold or sell any of our 10 picks. If we sell a holding we will select new alternatives. If no investments meet our rules we will go to cash. Vega Arc contains volatile and higher risk companies, it represents only a small portion of our overall portfolio.
The investment picks may be in small-cap, mid-cap or large-cap companies. We will invest in foreign companies. We do not use leverage. We do not short companies. We do not use options.
We hope to make Vega Arc details available in a paid newsletter in July of 2019. Please check back for details.
Chris Vig is president of The Vig Company and is an investor, artist, author, business consultant and former CEO living in Monona, WI. This article is for entertainment purposes only. We may own, buy, or sell any security listed here at any time. Do your own diligence when investing your hard-earned cash. Follow The Vig Company on Facebook.