Good Thursday morning all. Back to back excellent days, with strong smart money hours and market internals to match. In addition, tech/semis are leading the way, with seasonally bullish small caps charging higher. If you’re a market timer, these are the short term, heavily bullish signals you look for.
Read MoreGood Thursday morning all.
Following yesterday's ramp higher US markets (DJ, SPX) are sporting gains of 40% from their 3/23 lows, with internals that continue to point to strength but also with our markets hitting extreme overbought.
Read MoreGood Thursday morning and a Merry Christmas eve. Note; today is a half day of trading…we’ll see you back here Monday morning (and there will be no VRA Podcast this afternoon). Solid day of trading yesterday until the final few minutes when Trump vetoed the $740 billion (annual) …
Read MoreGood Thursday morning all. I have so much to say right now that this should really be a VRA Members only podcast. I’m going to do one soon. Some of these sworn affidavits being submitted are almost impossible to believe. Rudy Giuliani got into one last night.
Read MoreFollowing another sharp move higher yesterday, our melt up move higher forecast continues. We're learning this morning that Mnuchin has raised his stimulus total offer to $1.7 trillion, including another round of $1200 checks and a further bump in PPP,
Read MoreGood Thursday morning all. Multiple important bases to cover this AM. 1) Yesterdays sell-off took place on 90% downside volume in NYSE. Old school market watchers look for these as a signal of selling capitulation. We will need to see a corresponding upside day in order to validate.
Read MoreGood Friday morning all. Markets were less than enthused by what they heard from J Powell and the FED this week. On the one hand they said they would keep rates near zero through 2023…that’s been the case for all of 2 of the last 10 years…but on the other…
Read MoreGood Friday morning all. US and global markets taking a pause after hitting new ATH's this week in consumer discretionary, consumer staples, semis, health care and home builders. New highs tend to beget new highs. With no resistance above in these sectors,
Read MoreCARES ACT Phase 4 Negotiations. Setting the Record Straight, With Thanks to Three Men. With congress back in session, negotiations are hot and heavy for Phase 4 of the CARES Act. I remain thunderstruck by the financial assistance that’s been provided to the American people…
Read MoreGood Thursday morning all. New closing highs in Nasdaq with a golden cross in S&P 500 looking pretty certain today, even as most everyone that I know, speak with and follow feels like the bottom could drop out at any moment. With CV mass hysteria raging (again),
Read MoreGood Thursday morning all. Reminder that US markets are closed tomorrow in observance of Independence Day, we hope you have a great holiday. June employment data is out and its another big shocker. 4.8 million jobs were added in June vs the estimate of 2.9 million,
Read MoreGood Thursday morning all. The 400 point swing in the Dow yesterday, from +220 to -170 at the close continues a bit this morning with Dow futures -140. One week ago today was the -1800 point move lower in the Dow (-6%) with -8% in the R2K….
Read MoreGood Friday morning all. Yesterdays 1800 point loss in the Dow is being met with +600 point gains in futures. I’ll be surprised if these gains hold. After a 48% 2-month move higher and then yesterdays -7% drop and the “hideous” internals (among the worst in history,
Read MoreGood Thursday morning all. Another 2.1 million have filed initial jobless claims, taking the total to 40 million from the onset of CV lockdowns. Many/most blue states are in no rush to reopen their economies and even in states that are reopening,
Read MoreGood Friday morning all, The VRA System has been upgraded to 4/12 screens bullish (from 3/12). Not a significant change but the action in market leadership, internals and the tape are improving. Still, we see this as a bear market rally that will result in some form of a retest….
Read MoreGood Thursday morning all. I’ll be on with the great Wayne Allyn Root tonight at 8:30 EST. Hope you can join us on either USA Radio or 790talknow.com Not how we want to start our day. Another 3 million filed for first time unemployment, taking the CV total to 36 million. Now, the WHO is out with a new report …
Read MoreGood Thursday morning all. Our bear market rally continues it's backing and filling process. Interesting reversal yesterday, featuring the catalysts we’ve been discussing here. -oil led the way lower in late February,
Read MoreGood Friday morning. Because this matches my views…pretty much exactly…let’s kick off this morning's update with a piece featuring Jeff Hirsch of the Stock Traders Almanac. I know Jeff’s father (Yale) from my early days on Wall Street. As a 27-year-old newbie,
Read More(From VRA Sunday Update to Clients)
Good Sunday afternoon. As US markets have now hit heavily/extreme overbought on VRA System readings, its time to prepare for what we expect will be a near term move lower. As you’ll read, it is our view that this bear market rally will soon end, with the possibility of a 40–50% decline from current levels over the next 1–2–3 years.
Read MoreGood Thursday morning all. VRA Members Podcast (17 minutes) -Thank you for your emails, feedback and research. Please, keep it coming. -Good news, hard truths and how we crush Mr Market. -5.5 million initial unemployment claims. 22 million in 4 weeks. Welcome to our depression.
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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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