VRA Investment Update: Red-Pilled and Free; America's Future. Bear Market Action. Next Up, This Market Needs Capitulation.
/Good Thursday morning all.
Quick note: we’re getting an increasing number of emails alerting us to the fact that you aren’t getting our VRA Letters and VRA Podcast Alerts. You know the drill; censorship comes in many forms. As always, please check your spam folder. Obviously, alert us. And worst case, you can always find our work in your VRA Members Site (but emails are ideal).
At least 10 different communication platforms and payment systems….not to mention JP Morgan Chase, which closed all of our corporate AND personal accounts without answering the question “why”?….have banned the VRA (and/or me personally) over the years. And its picked up speed over the last couple of years (Twitter on Monday).
Permanently Suspended from Twitter
On the same day that Musk agrees to buy Twitter, I was banned from the platform (for the tweet below).
Like many had commented over the last 2years, I’m only surprised it didn’t happen sooner…moderating my (free) speech was never going to happen, on Twitter or any other social media platform, or in my VRA Letters.
The attacks against us here at the VRA have been ramping for some time now.
As to this particular tweet, it’s exactly what I’ve been saying since the jabs were released. They are brutally dangerous and giving them to kids is nothing short of criminal levels of child abuse.
I believe the facts are on my side. The first amendment is too.
You can follow me on Truth Social and GETTR @ KipHerriage
We should expect that it will only get worse.
But…and if you’ve known me for any period of time you already know what comes next…there is a zero percent chance that I will ever self censor what I write and/or what I say. Just ain’t gonna happen.
My greatest disappointment over the plandemic has been the number of Americans that have bent the knee to the State. Our founding fathers are rolling over in their graves.
I’ve come to the sad realization that we could go the way of China tomorrow (or Canada) and the majority of Americans would simply shrug their shoulders. Meek, cowered and speaking in whispered voices so not to offend “anyone”, or God forbid, face the wrath of our overlords…that’s the average American today.
But frankly it wasn’t all that much different during the founding of this great country. The majority feared the redcoats…wished to remain loyal to the king…but thanks to a few brave legends, America was born.
Know this; America IS getting red-pilled. IMO, within the next few years a singular leader will rise. We may already know his/her name (Trump, DeSantis, Carlson, Marjorie Taylor Green) or we may not. But, it will take a single person that closes the deal against these communists…because make no mistake, they are absolutely going for the jugular. The plandemic was just the warm up act, and most Americans failed miserably.
This person will lead America back to greatness. On a scale of 1–10, I go to 11 on this one.
That’s the future we must all keep fighting for, today.
As most reading this already know….because you were born red-pilled…it’s an amazing experience to witness what happens when you have this dialogue with friends, and even strangers. 90% are in complete agreement and once you start speaking truths of freedom and America First they open up like a can of worms….like it’s been bottled up for so long they’re about to bust!
My experience, from speaking on stages around the world and meeting these amazing people globally, is that everyone is starving for freedom and that they recognize the truth when they see it and when they hear it. Once we start the dialogue, just sit back and watch the magic of free speech kick in. It’s not more complicated than that. And BTW, once we start that dialogue…if you happen to be speaking to a communist…you’ll find that they whither like an old grape. Because, deep down, the communist knows that they represent weakness…they represent losing. They will literally put their heads down and walk away.
Because freedom, and the free speech that derives from it, can never be stopped.
VRA Market Update
The last two trading session were not pretty, but wow are we ever hitting heavily to extreme oversold levels on our VRA Momentum Oscillators.
Textbook bear market action, as the semis, nasdaq and Russell 2000 each broke their 2/24 lows, leaving just the S&P 500 and Dow Jones above their 2/24 “first shots fired” lows. S&P 500 is 61 points above its 2/24 lows with the DJ just 17 points above its 2/24 lows.
What we need is capitulation. We need a sharply lower open that puts the fear of God into investors and takes the put/call ratio up to 1.5. With our markets fighting the Fed and fighting aggressive (bear market) short sellers, we remain in risk-off mode.
Today we got this shocker from the AAII Investor Sentiment Survey. Bulls are down to 16.4% with bears up to a massive 59.4%, the largest number of bears since March 2009.
3/09 marked THE lows of the financial crisis….I know…I called those lows within 60 seconds and we crushed the market over the next 6 months with gains of several hundred percent.
Seeing this report makes it even harder to be ultra bearish. As a reminder, when bulls drop below 20% (its only happened 10 times), the markets have been up 100% of the time over the next 6–12 months, with gains of 13% and 23% (on average). One key point; the results aren’t nearly as bullish over the short term (when bulls break 20%)…it’s roughly a 50/50 proposition over the next 1–2–3 months. But, from 3 month on the odds are in the bulls favor. Then, the odds are REALLY in the favor or bulls over the next 6–12 months.
VRA Bottom Line; we are either at or nearing extreme oversold levels of our VRA Momentum Oscillators, a level that has served as a reversal signal for more than a year. Bear market rallies are powerful…even more powerful than bull market rallies. However, once this rally tires, it will likely be met with selling pressure on the back end, at least until we get a true capitulation event.
Ideally, I would like to see a market bottom as Apple and Amazon announce earnings on today after the close. We want capitulation on those moves lower (which I expect).
Key point: we need capitulation. Markets like this do not bottom without them…in my experience.
Until next time, thanks again for reading….
Kip
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