September Sucks!

Good morning:

We are approaching the worst-performing month of the year. Historically speaking September is weak. Why is that? Who knows. Maybe we can blame the NFL. Are traders and investors distracted?

For the past 10-year period September is the only month with negative performance - averaging down .5%. Perhaps September is the Cleveland Browns.

To give some additional perspective I ran charts for the SP500 on a 60-minute basis for August and September of the past 5 years. Take a look. Then see my notes below.

You can see that 2021 and 2020 had significant pullbacks. Both years were down for September.

You can see in 2017,18 and 19 that the pullbacks were in August, but that performance in the month of September was up for each year.

So far this year we have not had a meaningful pullback in August, so our setup looks more like the past 2 years.

We do not trade on history, although the V2 model does take it into consideration. For our part, we will be using faster time frames and may reduce our exposure over the next week depending on the math.

For the year V2 is outpacing the SP500 by nearly 18%!

V2 must be the Green Bay Packers!

Our V2 Model tracks over 120 asset class ratios on various time frames to assist us in deciding how and when to allocate our holdings. No single indicator, chart, or list gives market clarity. They each give a point of view that we factor into our model. We do not forecast. We follow the math. It has led us to remarkable long-term performance.

You can learn more at thevigcompany.com

Distance=Victory

Chris