Following Wednesday’s Fed meeting, where J Powell finally admitted that the Fed got 2018 completely and terribly wrong, US equity markets are celebrating the Fed’s apology this morning. DJ +230 with precious metals and the miners breaking out across the board.
Read MoreGood Thursday morning all, The move higher in stocks continues on the heels of the best week in ’19 and news of Mexico immigration/trade deal. Next up, G20 and Trump-Xi meeting, June 28–29. Does a US-China trade deal even matter? Not according to this new study…
Read MoreGood Thursday morning all. The last 17 months have been one big, semi-expanding bullish trading range We see it in this chart of the S&P 500, from the January 2018 highs to today. The S&P 500 is now below its 2018 highs, and while we have continued to make higher highs (post 1/18), there has been no breakout.
Read MoreGood Thursday morning all. Our major U.S. indexes opened lower this morning as the U.S. administration is applying maximum pressure on China via attempts (along with US allies) to essentially shut Huawei down. Huawei is huge. As the largest telecommunications manufacturer on the planet…
Read MoreGood Thursday morning all. A staple of the strongest bull markets of my career have been their ability to overcome all obstacles as they continue hitting new highs. In Wall Street lingo it’s called “climbing a wall of worry”. Powerful bull markets feed off of fear and worry.
Read MoreGood Thursday morning all. All eyes are on US-China trade talks in DC, where Trump has announced that beginning Friday, tariffs on $200 billion in Chinese imports will rise from 10% to 25%. Frankly, this amount is not a big concern.
Read MoreGood Friday Morning all, Tyler Herriage here with you for today’s update. After a slow last 2–3 sessions, the markets are positive as we received the closely watched Labor Department’s monthly employment report this morning, which came in with a blowout number.
Read MoreGood Friday morning all. Permabear after permabear, Trump hater after Trump hater, has been predicting a recession in the US. At minimum, they’ve predicted an “earnings recession”, where corporate earnings decline. Bloomberg even said this morning…
Read MoreGood Thursday morning all. A solid reversal higher yesterday, even in light of our extreme overbought conditions. VRA Market Internals moved back into solid territory, though not as solid as the negative readings that we saw on Tuesday.
Still, 10/12 VRA Investing System screens remain bullish. This still looks to be a pause…
Read MoreIf you’ve been here for any length of time at all you know we have been, and continue to be bullish…on the US economy, global economy, and most certainly US stocks. I know no other way to say this but to say it as loudly as possible: EVERY FIBER OF MY DNA IS TELLING ME THAT A MONSTER MOVE HIGHER IS DIRECTLY AHEAD.
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.
Read MoreGood 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…
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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."
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2008 Libertarian Vice Presidential candidate
Author, "The Conscience of a Libertarian"
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