Good Thursday morning all. With just over a week to go in Q1, here are our updated VRA Portfolio results: VRA Portfolio: +38.3% S&P 500: +12.7% VRA outperformance (vs SPX): +292% VRA annualized return: +152% We only own 10–12 stocks at any one time.
Read MoreGood Friday Afternoon all. When Tyler came to me last year with the idea to start recording a daily podcast, my first reaction was “so you want to add to our 12 hour work days?”. But Tyler is relentless. Would not take no for an answer. So I agreed. I honestly believed that with countless thousands of podcasts already in existence,
Read MoreGood Friday morning all, It is shaping up to be an exciting end to what has been a relatively dull week for our markets. We have seen small trading ranges for our indexes this week as the market and investors were looking for a clearer outlook from the fed and potential resolutions to China trade discussions.
Read MoreGood Thursday morning all. What could be the most bullish signal for global stock markets and a resurgent worldwide economy? Easy. NY Times economist Paul Krugman predicting a global recession, as he did over the weekend at an investment conference.
Read MoreGood Friday morning all. Parabolic Options #8 closes today. This will be our largest options program we've done to date. Cannot wait to crush Mr Market with you. We'll close signups today and send out our first test email and texts early Saturday morning.
Read MoreGood Friday afternoon. If you’ve been with us a while you know our views on gold/silver and the miners. Fundamentally, they MUST be owned. Precious metals are the antidote to fiat currency. The world is awash in debt that can NEVER be repaid. Governments and central banks have done the rest of the damage,
Read MoreGood Thursday morning all. Bit of a quiet morning so far. Morgan Stanley (MS) reported earnings and it was a big miss, with the shares down 5% as I write. But folks, have you seen what the financials have done this week? Big, 8–10% moves higher,
Read MoreGood Thursday morning all. Our broad market recovery move higher continued yesterday as FOMC minutes were released that showed Chairman J Powell and Fed Governors explicitly “meant to say” that their December rate hike came with dovish expectations going forward…
Read MoreGood Thursday morning all. Hitting as many quick hitters as possible this morning. 1) One of my investing icons has always been Peter Lynch, of Fidelity Magellan fame and author of one of the best investment books you’ll ever read…
Read MoreGood Friday morning all. I’ll repeat…December ’18 will be viewed as an aberration. A perfect storm of stock market negativity…90% of it structural/political…that marked significant long term lows. And we have some hard evidence to back it up.
Read MoreGood Thursday morning all. As expected, J Powell’s Fed hiked rates to 2.5% yesterday. The DJ had hit an intraday high of +330 just moments earlier…then Powell started talking…. -500 DJ within 30 minutes, before closing -351. Powell said two things that sent the markets lower (850 point swing in the DJ):
Read MoreGood Thursday morning all. While US markets gave up more than half of their gains yesterday, with the DJ closing +157 (from 450 pt highs), we did see a pattern change. Maybe an important one. Check out the internals from yesterday. Better than 2–1 advance/decline and a big 3–1 up/down volume.
Read MoreGood Friday afternoon all and what a week it has been. Markets were closed this Wednesday for the DC memorial of former President George HW Bush, and today we remember the attack on Pearl Harbor and the 2400 American lives lost. I had not seen the video below until today.
Read MoreGood Friday morning all. What a week. The Fed admits they screwed up and the DJ rallies 1000 points for the week. The 10%+ correction that should never have happened. My mentors (RIP Ted Parsons and Michael Metz) taught me so much about the psychology of investing. The emotions of money…wow.
Read MoreGood Thursday morning all. Some quick hitters to start the day. Third quarter earnings have absolutely killed it….regardless of how the markets have responded to the results. Yes, we want to watch the “reaction” to the news rather than the news itself, but until we see a semblance of proof that the US economy is decelerating,
Read MoreGood Friday morning all. Yesterdays FED minutes spooked the markets…just a bit…as they confirmed their hawkish interest rate policy into year end of into ’19. Here’s the bottom line; the FED will hike again in December. Thats a certainty, making it 9 straight rate hikes.
Read MoreGood Friday morning all, The markets lows are in place, for all of the reasons we’ve been covering here. The combination of incredibly strong US economic conditions, surging corporate earnings and seasonality investment factors tell us that we must be in this market.
Read MoreGood Thursday morning all. Once the break through DJ 24,768 occurred, SkyNet like AI technical selling pressure kicked in. Know this; the selling pressure from the final 30 minutes was purely algo related. This is a structural problem in the markets thats been with us for some time…90% of all trades…
Read MoreGood Friday morning all. Hitting the most important bases this morning…clear signs that the velocity of the sell-off of the last 2 days (Dow Jones 1300 point loss) was algo driven with capitulation everywhere we look. This is not a crash. If it were, gold would be catching a serious bid, debt markets would be showing signs of panic…
Read MoreWe see no structurally negative issues in this market. We see a market that’s building energy, with powerful fund flows into US equities that continue to overwhelm would be sellers. The most pressing negative could be share buybacks, which are halted for companies soon to announce Q3 earnings (4–6 week blackout period).
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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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