Vig Co September 7, 2024 Update

Good morning.

September started on a downbeat note for the stock market. The major indices all registered sizable decline on this holiday-shortened week. Broad selling activity led the S&P 500 to fall below its 50-day moving average. 

The downside bias was related to normal consolidation activity after a big run. Fears about a weakening labor market and economic growth prospects sparked this. Friday's release of the August Employment Situation report added to the market's emerging fears.

This was the poorest week for stocks in 2024. We also had a poor week.

Note: Our last newsletter will be next week. Our information will be available on our website www.thevigcompany.com

Performance

We currently hold two symphonies. Here is their performance this week and since inception. Simple 21 moved to a defensive cash position on Monday afternoon. Bond Bond shifted to bonds on Friday afternoon.

Here are three important things to know.

1. We are closing our Vig Co. Investment Newsletter on September 14, 2024. Over 800 of you have been following our work. But, after 5 years the time commitment for me was becoming too great. I am pleased with our long-term performance. Our performance over the last two years has been weak. You can unsubscribe at the bottom of any newsletter. Thank you for your kind words and please know my family, dog (Archie) and I are all in good health and fine.

2. We are moving half of our investment funds to a new portfolio/symphony in composer called Vig Co Simple 21 MA TQQQ UPRO NVDA. This is a return to our humble beginnings more than 10 years ago. The strategy is leverage long (Using UPRO, TQQQ, and NVDU) when the price of the SP500, QQQ or NVDA is above their 21-day moving averages respectively. When the prices fall below the moving average the model derisks by moving to cash (BIL). Here is the link to the symphony. VIG CO SIMPLE 21. It is free to access and use.

3. We will move half of our investment funds to the best-performing section of V4. It is called Vig Co. Bond Bond VIX. We started using it live on Feb. 23. Here is the link to the symphony. It is free to access and use. VIG CO BOND BOND VIX

We will continue to post our results, holdings, changes, charts, and insights on our blog at www.thevigcompany/blog.

We will be posting regularly on our Facebook page. Facebook The Vig Company

Please follow us.

Chris

Market information from Bloomberg, ETRADE, Composer, Koyfin, and StockCharts.com.

Copyright 2024. The Vig Company LLC Monona, WI 53716 [email protected]