A quick heads up; I’ll be on with the great Wayne Allyn Root tomorrow night at 7:30 PM EST (USA Radio- http://usaradio.com/). Please mark your calendars and join us. If my read on these markets is accurate, we’ll be talking about the strong close to the week for the markets, and yes, the likelihood that the lows are in place.
Read MoreThe VRA System was built to remove emotion from my investing. It was built to have us out of the markets in times of turmoil (or short) and in the market when the bull wants to run. We used the VRA System to book 150%+ in net gains from last September through January/February of this year,
Read MoreIt appears that the shorts have been trapped. They’re on the wrong side of the market and must now cover their shorts and go long. This is usually a process that plays out over weeks, but the process should provide a strong underpinning for US stock prices going forward.
Read MoreGood Friday (the 13th) all. Other than avoiding black cats, I have no superstitions for today. Instead, following yesterdays sharp move higher, DJ futures are ramping higher again this am, following dynamite earnings from JP Morgan and Citi, kicking off what should be the best quarter for US earnings in more than a decade. Possibly two.
Read MoreBy mid-afternoon yesterday, the DJ was +440. Excellent trading day, all around. 3–1 positive market internals across the board. Then the slide began…the DJ lost 400 points of those gains, finishing higher by just 50. The culprit? Special Counsel Mueller.
Read MoreFear and greed moves the markets, most certainly at extremes, and have we ever seen plenty of fear and greed over just the last few days. The MSM flipped from wall to wall coverage of “Russia Russia Russia” to “China China China”,
Read More"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"
