This morning, I’m going to focus on a single issue. Post election, like many of you, I have been surprised at the reaction in precious metals and the miners. The conventional wisdom was that a Trump victory would mean “lower stock prices and higher gold prices”…and of course we’ve seen just the opposite…making the conventional wisdom, conventionally wrong…again!
In retrospect, we can make sense of it.
We’re back at it with a full plate of events and news…and what promises to be a very busy end of the year in the markets.Over the last two December-January periods, the VRA has produced “focused” VRA Alert Trades…where I outlined clearly and specifically, exactly what to do. The key point being that you had plenty of time (and advance info) to prepare and execute our trades.
Combined, we booked profits of close to 600%. I tell you this today because I see 2-3 potential trades today…eerily similar…that we may begin taking action on in the next 1-2 weeks.
Good Wednesday morning all. Like many of you, before last year, I was never a Donald Trump fan. Never watched The Apprentice. Never purchased Trump Vodka or Trump steaks.
In previous VRA Updates, I’ve covered the MSM and their “official” reason for the sell-off in precious metals and the miners. Hint: their “fear” is higher interest rates…a subject we have addressed from all sides in the past…and a subject we have completely debunked, in the past. The three best bull markets, in modern times (last 40 years), have occurred when rates were rising.
If you’re like me, and if you’ve become sick and tired…jaded really…about Janet Yellen’s FED meetings, then you’re also joining more than 80% of all investors in the stock market that have come to distrust the FED and their constant threats of a “FED rate hike”. And Barron’s surveys are pretty widely trusted. Yes…we’ve been down this road…in fact we’ve driven thousands of miles, down this exact rode.
Heads up: Tomorrow (Friday) I will be appearing on two radio shows. The first is 11:15 AM EST, on the Sam Sorbo Show, which is syndicated nationally on TRN (Talk Radio Network).
Then, also tomorrow, I will be on Wayne Root’s radio show (790 AM, Las Vegas. 790talknow.com ) at 8:20 PM EST. Hope you can join me on both…I’ll be covering our stealth bull market, the hottest sectors to invest in and I’m sure Wayne and I will include some political observations as well.
Good Thursday morning all. The streak of seven consecutive down days for the Dow Jones came to a close yesterday with an average gain of .27% in the Dow and S&P 500. Once again, in the investment theme that we have adopted here at the VRA, both the Nasdaq and Russell 2000 continue to outperform their large cap brethren, with more than double the percentage gains (.70%, avg. gain).
Let’s get this out of the way, right away; US markets are now trading at 98% overbought (based on VRA Momentum Indicators). This is most typically when bad things happen to stock markets…but folks, this market has proven the shorts wrong time and again…and we know why:
Good Friday morning all. What a week! Brexit scared the sh*t out of the markets, but our friendly neighborhood central bankers were standing by to manipulate stocks AND bonds higher.
Wow…just…wow.
Over the last 7-8 years I have said the following more times than I can remember; “financial events are occurring that no one alive (or dead) have EVER seen take place, nor would they ever believe that they could possibly take place”.
By now you’ve probably already heard, more than $3 trillion in global stock market losses took place over the last two trading sessions. An all time record, for back-to-back trading sessions.
This morning, let’s put these global losses in perspective…but not just from the last 2 days…let’s instead take a look at declines from the past 13 months. In no particular order, here goes:
