Good Thursday morning all. Right at 3 months ago we began our planning for the Biden bear market and issuing our VRA Strategy Updates. We sold our VRA leveraged ETF holdings that focused on tech by selling TQQQ (3 x Nasdaq 100 ETF) and selling SOXL (3 x Semi ETF).
Read MoreGood Thursday morning all. We begin this morning with a tip of the cap to the Fed’s J Powell. Not only did the Fed nail their written FOMC comments (no rate hikes through 2023) but Powell followed it up with a strong presser, rarely going off-script. More of this please.
Read MoreGood Thursday morning all. We’re in the dog days of summer. Low volume sell-offs, like yesterday, during one of the worst months of the year (August). Not even close to a big enough reason to sell. We’re also seeing classic signs of a reversal higher as the TRIN (short term trading index) closed at 3.65.
Read MoreGood Thursday morning all. Wayne Gretzky said it best; “a good hockey player plays where the puck is. A great hockey player plays where the puck is going to be”. As active investors, we want to crush Mr. Market. We have a strong desire to build our investment portfolios for a fully funded retirement account.
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"Kip's VRA financial newsletter is a MUST read for every saavy investor in this country. Disregard it at your own peril. His mantra is my mantra. Kip Herriage's newsletter is my financial Bible."
--Wayne Allyn Root
2008 Libertarian Vice Presidential candidate
Author, "The Conscience of a Libertarian"
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