VRA Investment Letter: Semis Surge to Fresh ATH's. The Power of the Roaring 2020's. Investors Are Getting a Second Shot at a "Dot-com-like" Melt-up.

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VRA Investment Letter: Semis Surge to Fresh ATH's. The Power of the Roaring 2020's. Investors Are Getting a Second Shot at a "Dot-com-like" Melt-up.

Good Friday morning. As if right on cue, the semis and megacap tech stocks surged to ATH’s yesterday, in advance of Q4 tech earnings that kick off in earnest next week. When the semis (SMH), tech (XLK) and Nasdaq 100 (QQQ) are hitting new ATH’s together they’re giving us a crystal-ball road-map for the broader markets.

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VRA Investment Letter: Facts vs Feelings and the PSYOP of Negativity. The Fed Pivots - VRA Inflection Points Have Arrived.

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VRA Investment Letter: Facts vs Feelings and the PSYOP of Negativity. The Fed Pivots - VRA Inflection Points Have Arrived.

Good Thursday morning. I’m scheduled to be on Fox Business with Charles Payne this coming Monday. I think that makes 8 appearances this year. Always an honor as Charles is one of the really good guys, with a remarkable background to boot. 

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VRA Investment Letter: The Worst Week for Stocks Ends. Roaring 2020's; US Economy Remains Strong.

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VRA Investment Letter: The Worst Week for Stocks Ends. Roaring 2020's; US Economy Remains Strong.

Good Friday morning. The worst week of the year for US equity markets ends today, punctuated by this week’s FOMC meeting/statement and J Powell presser, which…once again…led to a steep sell-off in stocks…Powell’s specialty. 

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VRA Investment Update: Disinflation is Here. Get Ready for 2% Inflation Next Year PLUS Fed Rate Cuts. How We Want to Play It.

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VRA Investment Update: Disinflation is Here. Get Ready for 2% Inflation Next Year PLUS Fed Rate Cuts. How We Want to Play It.

Good Thursday morning. July CPI (consumer prices) gained 3.2% on an annual basis, less than the 3.3% consensus from economists estimates. On a month-to-month basis, inflation increased just 0.2%, which was in-line with estimates while year/year CPI came in at 4.7%, matching estimates. The report also said real average weekly earnings were unchanged last month, in another positive sign that the Fed can be less concerned about a wage price spiral.

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VRA Investment Update: Soaring Transportation and Housing Industries; It's Boom Time.

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VRA Investment Update: Soaring Transportation and Housing Industries; It's Boom Time.

Good Thursday morning. So I’m working out this morning when Delta Airlines reported earnings…a record beating quarter for both revenue and earnings…which included the statement that they are ordering a massive number of new planes to keep up with soaring travel demand…

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VRA Investment Update: Tesla, Semis and Housing; Extreme Overbought on Steroids. "Buy the Dip" Remains the Play.

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VRA Investment Update: Tesla, Semis and Housing; Extreme Overbought on Steroids. "Buy the Dip" Remains the Play.

We started the week with each US broad market index trading at (or “very" near) our most overbought designation on the VRA Investing System; “extreme overbought on steroids”…

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VRA Letter: The DNA of Our New Bull Market. I'm Getting a 1995–2000 Vibe. Something Special This Way Comes.

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VRA Letter: The DNA of Our New Bull Market. I'm Getting a 1995–2000 Vibe. Something Special This Way Comes.

Do you believe in history repeating?

I’m Getting a 1995–2000 Vibe.

From 1995–2000, Nasdaq rose from 750 to 5132, soaring 584%. Over a 3 year time frame more than 500 companies went public that more than doubled on their first day of trading. 

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VRA Investment Update: Fox Business; When The Generals Lead, the Troops Fall in Line. Inflation Does Have An Upside.

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VRA Investment Update: Fox Business; When The Generals Lead, the Troops Fall in Line. Inflation Does Have An Upside.

Good Thursday morning. Charles Payne of Fox Business had me back on his show ‘Making Money’ yesterday and the events surrounding it were interesting. Here’s how it works: First, one of Charles producers emails you a day or two before and ask if you’re available for the show. Second, they ask you to send over your latest “hit” (VRA Letter). I’m assuming they do this so they can see whether or not what you’re saying is interesting and/or worthy of being on air. Third, they let you know whether or not you’re officially invited onto the show.

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VRA Investment Update: J Powell, the Jim Cramer of Fed Chairmen. Upside of Inflation. The Markets Love it When the Fed Stops Hiking.

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VRA Investment Update: J Powell, the Jim Cramer of Fed Chairmen. Upside of Inflation. The Markets Love it When the Fed Stops Hiking.

Good Thursday morning. In Tuesdays Letter I wrote the following…

“J Powell is the most unpredictable Fed Chair of our times and the root of his unpredictability lies in the fact that he desperately wants to be taken seriously. Powell is highly unpredictable. That’s a dangerous trait in a Fed Chair.

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VRA Investment Update: Textbook Front-Running Liftoff into April. Semis Are Breaking Out (again). New Buy Signal for Precious Metals and Miners.

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VRA Investment Update: Textbook Front-Running Liftoff into April. Semis Are Breaking Out (again). New Buy Signal for Precious Metals and Miners.

Good Thursday morning all. A major investing theme, as taught to me in my 20’s by both of my mentors (Ted Parsons and Mike Metz, RIP gentlemen) goes like this;

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VRA Investment Update: VRA Quick Hitters. This is Not 2008. Investors at Extreme Fear; Contrarian Buy Signal. The charts Say Buy.

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VRA Investment Update: VRA Quick Hitters. This is Not 2008. Investors at Extreme Fear; Contrarian Buy Signal. The charts Say Buy.

Good Friday morning all. VRA Quick hitters;

1) Weakness in European shares today as Deutsche Bank is down 15%, taking the European bank index down 5% on the day.

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VRA Investment Update: Follow the Semis & Buy The Dip. Economic Acceleration; The Trump Economic Miracle

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VRA Investment Update: Follow the Semis & Buy The Dip. Economic Acceleration; The Trump Economic Miracle

Breaking: Treasury yields lost momentum this AM, with stock markets reversing higher, after the Labor Department reported that initial jobless claims rose to 211K last week, up from 190K the week before and more than the 195K forecast by analysts. The 10-year yield sits at 3.96%, after trading above 4% before the data. The data indicates the labor market may be weakening (due to higher interest rates).

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VRA Investment Update: The US Economy is Accelerating (thanks #45). Investor Sentiment is Heavily Bearish…and Why That's Bullish.

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VRA Investment Update: The US Economy is Accelerating (thanks #45). Investor Sentiment is Heavily Bearish…and Why That's Bullish.

This morning we learned that weekly jobless claims came in at just 190,000, another incredibly low reading which backs up a series of economic data from the last 1–2 months that show the economy is actually accelerating, rather than slowing down.

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VRA Investment Update: Nvidia Earnings Call Surprise; "AI Inflection Point". My Fox Business Interview with Charles Payne.

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VRA Investment Update: Nvidia Earnings Call Surprise; "AI Inflection Point". My Fox Business Interview with Charles Payne.

As our markets complete their overbought “pause”, we believe seasonality is playing a major role as the second half of February is historically weak. It’s actually one of the worst two weeks periods of the year.
But soon, our overbought sell-off will be behind us. Based on VRA System readings, by weeks end we should be hitting oversold levels that typically mark reversals higher, especially near the birth of new bull markets. 

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