Good 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. I have posted this VRA Update (updated with new information/facts) every 9/11 since 2006. Today marks 19 years since 9/11/01. Like most, I was in shock in the weeks/months that followed the attacks. Then I saw this picture,
Read MoreGood Thursday morning all. Another set of new ATH’s in S&P 500 and Nasdaq yesterday while the Dow jumped 454 points (+1.6%), putting it just 468 points from hitting its own ATH. And the internals finally improved yesterday…after two weeks of “blah” readings. Good to see.
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"
