The Vig Company Posts Vega Ark January Results!
At the start of this year we created, launched and invested in the Vega Ark portfolio.
During January we held 7 positions - a full allocation, and no cash. Here are the results compared to our benchmark of the tech etf XLK.:
January 1, 2019 VEGA ARK $11,000
February 1, 2019 VEGA ARK $14,442 +31.29% XLK +6.94%
Moving forward for February we sold one position and bought one position. We are fully allocated.
We are pleased with our performance for January. However, we do not expect these type of returns each month. This past month we got the benefit of the market rallying from the December lows and a softer Federal Reserve. In short, we were lucky with our timing. We are not too excited, we need to prove our process over time.
The SP500 has rallied from the December bottom, but is currently near a strong area of resistance. This could be a counter trend rally. It is possible for the market to go lower and retest the bottoms. Many intermediate term trends are still negative and February is traditionally a slow month. There is still a good deal of uncertainty with China trade and Brexit. It is also possible that the market continue to move higher.
For February we reviewed 137 companies. we were able to isolate 26 that had promising charts and indicators on one level or another. From that group we have selected with our methodology the best 7 holdings. Those are the ones we hold for this next month.
About Vega Ark:
January 1st of 2019 we launched and are testing a new investment model. It is called VEGA ARK.
We have researched and developed a pool of about 150 companies that are innovators in 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 select and buy 7 securities each month and buy in equal weights. Ongoing, on or about the first of each month we may buy or sell any of our 7 picks. If no investments meet our rules we will go to cash.
The investment picks may be in small cap, mid-cap or large cap companies.
VEGA ARK should be considered a volatile and risky investment opportunity. There is no guarantee of performance.
If VEGA ARK is successful we will make it available later this year or early next year in newsletter form. We believe in transparency will share all of our information.
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 you rown diligence when investing your hard earned cash. Follow The Vig Company on Facebook.