VRA Investment Letter: Led By Semis & Housing, Significant Technical Breakouts Abound. Excellent CPI Report. Our "Disinflation" & "Great Reset" Themes Playing Out.
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Good Thursday morning. Following what has been a near-parabolic move higher from the 10/27 lows, strength in the semiconductors has now led to key breakouts for the Nasdaq, S&P 500 and Housing stocks, negating what had bears believed was a picture-perfect short for these indices at resistance
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