Beginning this week, I have started to see all of those same perma-bears calling for ’The Big One”…the global stock market crash that they have been predicting for years.
(From Thursday’s VRA Update). Good Thursday afternoon all. As I type, the markets have taken another turn for the worse, with the Dow off close to 100 points, joining the S&P 500 in the .50% loss range for the day. Most of this week it’s been the tech heavy NASDAQ that’s been hit hard….following disappointing earnings numbers from the biggies, like Microsoft, Apple and United Technologies. Now, the rest of the market looks like it wants to play catch-up on the downside…but so far, the losses are moderate and contained.
Since June 29th, or just over 3 weeks, the VRA has booked fresh profits of 236%…not a bad 3 weeks, but now, it’s time to look forward. Where is the market headed next, and where will our future profits come from?
To answer a couple of emails that have already come in, NO….I am not quiet ready to go short the market. We could be missing out on an opportunity to make money as the overall stock market drops, but I’m not ready to pull the trigger…but yes…the time could be fast approaching.
My apologies on the previous update that was sent out on Monday. As you may have noticed, parts were incomplete…this update includes full kipherriage.com commenatary and game plan. Thanks for your patience.
As outlined in my last update here, I expected the markets to correct, and thanks to the VRA Trading & Investing System we were alerted just prior to a major shift in market direction (which also gave VRA Subscribers their next 100% in profits…in a single day).
The vast majority of this weakness has come from the insanity coming out of Europe/Greece…and with the NO vote from this weekends referendum vote, it’s clear that we aren’t out of the woods yet.
For the last 2-3 weeks, a quiet but consistent internal correction in the markets has taken place. Take a look at the chart below on the S&P 500 and you’ll see just what I am talking about.
That line across the bottom connects the lows in the S&P 500 since March…and yes, each time that we have come down to this line the markets have bottomed and moved sharply higher. Will recent history repeat? You know my views…the markets are going significantly higher…but don’t take my word for it. Take a look at the most recent sentiment numbers from the “Bloggers Poll”, which has become the best inverse sentiment indicator that I follow.
1500% Gains In 18 Months – Here’s What Happens Next
1558% to be exact…this is the “net” gain of all Buy/Sell VRA Recommendations since the beginning of 2014. If another investment advisory has done better, we have yet to find it (every buy/sell documented).
Make sure and pay attention to what is happening right now in the USD (US dollar) and precious metals (and overall market). We are entering a potential “cycle reversal”…the exact reversal that I have been writing about…and should the move confirm, you will want to make sure you are positioned for significant profits in the coming days and weeks.
Within an hour of the market open today, precious metals and the miners began to ramp higher. Within minutes, gold was up more than $20/oz, and silver up more than double that in percentage terms.
Corporate earnings are coming in, and the early read for me is “surprisingly solid”. And remember folks, this is the quarter where a combination of bad weather and a strong US Dollar (USD) were supposed to hit companies and hit them hard.
There is one area where hits from a strong USD have been felt. Take a look at the following commodities since their 2011 highs…
Over the past 14 months the VRA Trading & Investing System has produced more than 1200% in profits for Subscribers. Now…the best is yet to come.
“Kip, if I had known that your last 8 recommendations were going to more than quadruple the size of my brokerage account, I would have invested MUCH more than I did. Still, I cannot complain about $48,000 in profits. THANK YOU SIR! GT – Rhode Island”