War Between Russia and Ukraine effect Stock Market - Kip Herriage

Good Thursday morning all. Garlic strong day yesterday, as word broke out that Ukraine President Zelensky was backing away from his requests to join NATO. Yes folks, the entirety of Russia’s invasion was due to this issue.

Close to 4:1 internals in both NYSE and Nasdaq for advance/decline and up/down volume. The internals continue to point to a healthier market, certainly compared to what we saw throughout most of 2021, especially in Q4.

These are our most important levels. The 2/24 “First Shots Fired” lows, which have held.

From the VRAInvesting System point of view, we still need to recapture the 200 day moving averages for each of our major indexes. The longer we remain below the 200 dma, the more likely it becomes that we have entered a bear market, which would take an adjustment to our investing approach. However, like the 2020 CV sell-off, which lasted 5 weeks and took the indexes down 35% plus, this sell-off looks very much to us like it will be short-lived and not a long term bear market.

Word this morning is that negotiations have taken a turn for the worse, along with CPI readings of of inflation rising 7.9% in February, the worst in 40 years. Futures lower by 1.5% across the board.

I was on Wayne Roots national radio show last night (thanks again WAR) and we covered the kabuki theater playbook playing out right before our eyes.

Team Ukraine and Team Globalists are one in the same. It couldn’t be more clear, to this observer. Yesterday, through actions in the house and confirmation from leading Senate R’s, it looks all but certain that close to $14 billion is headed to Ukraine, likely the most corrupt country on the planet. The money grab is ON. Ultimately, far more is headed to Ukraine (10% for the big guy and most of the rest for his globalist pals).

There will never be an honest accounting, just as we never had an honest accounting of the $7 trillion wasted in Iraq and Afghanistan. Wayne nailed it with his hypothesis/explanation of how they’ll be splitting the $$$$ up. Much like the plandemic that is/was CV insanity, these advance plans and payouts have been in place for some time. Trust these megalomaniac sociopaths as far as you can throw them (click here to listen to the segment). As always, thanks for listening and for your feedback.

I repeat; this particular wag the dog will need to go on much longer. Similar to 2 weeks to slow the spread, the elite ruling class has a schedule to keep. It will likely end after the midterms…after the uniparty uses it to their full advantage to shut out as many America First R candidates from winning as possible…and just prior to Biden being awarded his Nobel Peace Prize.

But there is likely some good news for investors, as equity markets tend to rise during times of war. I except that to be the case here as well. However, it will continue to volatile and choppy. The VRAInvesting System remains at 7/12 Screens bullish. As long as we’re over 6/12 we will remain positive on the future for the markets. However, the longer we remain under the 200 dma, the more of a problem these levels become.

As always, we will keep you positioned correctly…based on VRA System readings and my 36 years of doing this, essentially 24/7.

Uranium & Energy

As I highlighted on Wednesday, Uranium stocks are a “pound the table” buy. URA rose 6% yesterday and up another 4% this AM. If Russia’s enriched uranium is shut out of the global markets, just as 55 nuclear power plants are being built now with another 100–1000 on the drawing board, look out above for the price of uranium and the co’s that mine/produce it.

We want to put another energy position on as well. We’ll first wait for the extreme OB conditions to subside. Remember, just 12 months ago the likes of Dennis Gartman, Cathie Wood and the Nazi Jim Cramer said that oil and energy stocks were “uninvestable”. Since that time we have booked profits of 89% in ERX (2 x Energy ETF) and built significant positions in other energy stocks that will pay massive dividends for us going forward (join us for two free weeks at VRAinsider.com to learn more). Be careful who you listen to….especially if they would have volunteered to be a proud member of the Third Reich.