VIG Newsletter January 6 2024 Update

KIAM this week. Here we go!

January 06, 2024

Recap

The stock market registered losses following nine straight weeks of gains to close out 2023. Profit-taking activity in the mega-cap stocks, and other stocks that outperformed last year, contributed to the downbeat price action. 

The Vanguard Mega Cap Growth ETF (MGK) fell 3.0% versus a 1.5% decline in the S&P 500. The Invesco S&P 500 Equal Weight ETF (RSP), meanwhile, declined 1.3% this week. Apple (AAPL) was a standout loser, dropping nearly 6.0%.

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

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Current VIG Portfolio! (We Use Common ETFs.)
  • • Access KIAM our automated , AI, algorithm in Composer.
  • • Weekly Recap, Performance, Market Notes and Informative Charts!
  • • Totally Transparent. V2 Is Easy to Follow. Simple to Use.