Good 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.
Read MoreHi everyone, Tyler here. As you’ve heard Kip and I talking about on our podcasts, we wanted to put together a simplified document that provides links and info to the CARES Act. I hope this helps in this time of uncertainty, and while we cannot give individual financial advice,
Read MoreGood Thursday morning all. As of 10 minutes ago, 9278 dead globally. 150 in the US. Swine flu killed 500,000 globally and approx 13,000 in the US. No panic. No economic/market crash, no mass hysteria. We know what this is. Manufactured crisis. Like the Patriot Act after 9/11, this is about one thing. Control.
Read MoreGood Thursday morning all. Dow Jones -825 as I write. Classic signs of the bottoming process continue. Remember, as the news of the “corona-Bernie-Get Trump virus” appears to only get worse, markets will only move higher.
Read MoreGood Wednesday morning all. Given the fear in our markets right now, it’s a good time to share the thoughts of VRA Member Ed from Texas. 30 year veteran insider from the tech/semi industry. His insights on supply chain fears are quite a bit different from what we’re seeing from our financial MSM. Smart money right here.
Read MoreGood Thursday morning all. The Philly Fed Index (manufacturing) numbers this morning were pretty remarkable. 36.7 vs est of 8. I don’t put much stock in any single economic report…I actually trust few…but this massive beat does help to put another dent in permabears…
Read MoreGood Thursday morning all. Yesterday's +275 point move higher in the Dow brought us to 29,500 for the first time. Post fear-mongering outbreak of the corona with lime virus US markets have now jumped by approx 5%, but the semis have rocketed 8.5% higher (semi’s lead tech, tech leads the market).
Read MoreGood Thursday morning all. Wonder what new all time highs just a week after the corona with lime virus is telling us? The world's best discounting mechanism acts as our crystal ball. As you may have noticed we don’t get bogged down much with the news of the day…
Read MoreGood Friday morning all. 7 trading days ago we were hitting all-time highs with our most overbought conditions since Trump was elected (put-call ratio, momentum oscillators and % of S&P 500 over 200 dma). Both Barrons and Forbes told us, on their covers no less,
Read MoreGood Thursday morning all. Bull markets love climbing a wall of worry. Bull markets actually perform better when the fear seems greatest, another testament to the power of (contrarian) sentiment as market mover. Our current bricks in the wall? Trumps impeachment trial in the senate started this week…
Read MoreGood Thursday morning all. Impeachment headed to senate…no one seems to care…as it should be. US-China phase 1 trade deal…no one seems to care…that’s a major mistake in our view. To understand just how big of an accomplishment…
Read MoreGood Friday morning all. December's employment data came in with 145,000 jobs created (slight miss) and unemployment rate of 3.5% (50 yr low). The Trump Economic Miracle continues. If you’ve been with us over the last 2–3 years you know we’ve been ultra bullish on the US economy…
Read MoreGood Thursday morning all. Yesterday President Trump was impeached in the House. Regardless of how right or wrong it may be, get ready for non-stop never-Trump MSM coverage and political ads with “Trump is only the 2nd president in modern times to be impeached”.
Read MoreGood Friday morning all. The wall of worry is building. Cracks in the market are appearing. While our VRA Investing System remains at 10/12 screens bullish (Don’t fight the tape, Don’t fight the Fed), with a global economy that is in solid shape,
Read MoreGood Friday morning all. An important (early) heads up. While we remain very bullish, medium to LT, there’s a scenario that we believe is becoming increasingly likely….we’ll be surprised if the markets like it much. The House is going to impeach Trump. There’s almost no scenario at this point where they do not.
Read MoreGood Thursday morning all. As expected, the FED cut rates by .25% to a range of 1.5% — 1.75%. For us, it’s increasingly hard to take Powell and his merry band of FED Governors seriously. On the one hand, they just told us that the rate cut was motivated (in part) by “negative global developments”…
Read MoreGood Thursday morning all. With 10/12 VRA Investing System Screens bullish and with investors (of all sizes) heavy in cash and heavily bearish, we are gearing up for a major breakout to the upside. If you’re new here, a quick recap. First: We’ve beaten the markets in 15/16 years of the VRA.
Read MoreGood Friday morning all. “It’s not the news of the day that matters, its how the market reacts to the news”. Ted Parsons, circa 1987 (RIP Ted). Ted was my first mentor. As a newbie broker, my cubicle was just outside of his office. Ted was well into his 60’s then. He’d been around the block.
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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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