VIG Newsletter Feb. 24 2024 Update

Have we peaked at the longer term trend line?

February 24, 2024

Recap

The S&P 500 and Dow Jones Industrial Average pushed further into record territory this week and the Nasdaq Composite shifted back into rally-mode. Most of the action over this holiday-shortened week occurred on Thursday as participants reacted to another blowout quarter from NVIDIA (NVDA). NVIDIA's report renewed the market's enthusiasm for AI-related stocks, other growth stocks, and semiconductor shares.

The VIG Co. portfolio was up this week. We will not make any changes.

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