Vig Co. Dec. 15 2024 Performance Update
Good morning:
The Nasdaq Composite closed above 20,000 for the first time this week, settling 0.3% higher than last week. The S&P 500 and Dow Jones Industrial Average dropped 0.6% and 1.8%, respectively, this week. The Russell 2000 underperformed its peers, losing 2.6%.
There were festering valuation concerns in play that also mixed with chatter of the market being overbought on a short-term basis and due for some consolidation. Market participants used rising market rates as an excuse to engage in profit-taking activity.
Vig Co. was down 3% this week.
Sector Performance December MTD
As we approach the historically stong Christmas rally. Here is how Sectors have performed so far the month of December. Consumer Discretionary (TESLA), Semis, Communication and Tech all beating SP500. Home builders is lagging along with Energy and Utilites. SP500 is flat for the month.
Note: Our information will be available on our website www.thevigcompany.com going forward.
Vig Co. Weekly Performance
Approximate Allocations: Bond Bond 36%, Vig Pop 28%, Simple 21 22%, Rotator 14%
Performance Since Investment In Each Holding
Bond Bond continues to lead the way - up over 70% so far this year.
We will continue to post our results, holdings, changes, charts, and insights on our blog at www.thevigcompany.com.
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Distance=Victory
Chris
Chris Vig is president of The Vig Company and is an investor, artist, author, business consultant and former CEO living in Monona, WI. This article is for entertainment purposes only. We may own, buy, or sell any security listed here at any time. Do your own diligence when investing your hard-earned cash. Follow The Vig Company on Facebook.
You can learn more about the model, its holdings, and how it works by going through each link on our website.
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