Vig Co. Oct. 26 2024 Performance and Update
Good morning:
The stock market faced some selling pressure after six straight weeks of gains for the S&P 500. Last Friday's close had the S&P 500 and Dow Jones Industrial Average at record highs, so normal consolidation was part of the story this week.
The S&P 500 closed 1.0% lower this week and the Dow Jones Industrial Average sank 2.7%. The profit-taking activity was fueled by rising market rates. The 10-yr yield settled 16 basis points higher this week at 4.23% and the 2-yr yield settled 15 basis points higher this week at 4.10%. This week's selling in the Treasury market expanded the 2s10s spread by a basis points to 13 bps.
Small and Mid-cap stocks were hit the hardest this week.
Vig Co was down 4.53 %.
US Market Indexes Weekly Performance
Note: Our information will be available on our website www.thevigcompany.com going forward.
Vig Co. Weekly Performance and Current Allocations
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Please note, that we are not affiliated with Composer in any way and do not receive any fees from them. We are simply using their tools to our benefit - just like any other brokerage.
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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