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- Vig Co August 31, 2024 Update
Vig Co August 31, 2024 Update
Have a great Holiday Weekend!
Good morning.
The Labor Day weekend has arrived. The stock market put in a lot of work this week, thinking about and reacting to NVIDIA's (NVDA) earnings report, thinking about and reacting to the July Personal Income and Spending Report, thinking about and reacting to results from leading retailers and other high-profile technology companies, and, well, thinking about weekend plans.
It all culminated with the indices closing the week mixed and looking up at the Dow Jones Industrial Average, which settled the week and month at a new record high.
Note: I turned all billing off this week. The newsletter will be Free for now!
Performance
We currently hold two symphonies. Here is their performance this week and since inception. We rallied a bit on Friday but were down for the week.
Since Inception
Since Inception
Here are three important things to know.
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.
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.
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
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Chris
Market information from Bloomberg, ETRADE, Composer, Koyfin, and StockCharts.com.
Copyright 2024. The Vig Company LLC Monona, WI 53716 [email protected]