Good Thursday morning. 2023 marked 17/20 years that the VRA has outperformed the markets. The VRA Portfolio finished the year with gains of 50.26%, beating each US equity index (S&P 500, Dow Jones, Nasdaq, Russell 2000) with the Nasdaq as our closest competitor (+43.7%). Our comp each year is the Russell 2000 (similar risk profiles), which finished 2023 with gains of 15.1%.

Good Friday Morning all.

Another ATH in the Dow and more leading sectors and stocks than we can count. The rest of the broad markets will soon follow right along. Then it will be “new highs beget new highs”. We’re watching a textbook, early bull market in action. 

Good Friday morning. Next week commences the worst week of the year for the S&P 500 (since 1950, per Stock Traders Almanac). 2023 has featured the highest degree of “seasonality reliability” in recent memory, so we’ll see how the week plays out. With the Fed meeting next week…