Vertical Research Advisory
Newsletter

VRA FLASH: BREXIT WINS! This Is What Happens Next

As it turns out, Mohammed Ali is not the only one that can shock the world. Our faith in the "possible" has been restored...maybe the little guy DOES have a shot, after all. As I live tweeted the emerging victory for #Leave, with ...

Posted On June 24, 20164 MIN Read
Share:
vra-default-img

As it turns out, Mohammed Ali is not the only one that can shock the world. Our faith in the "possible" has been restored...maybe the little guy DOES have a shot, after all.

As I live tweeted the emerging victory for #Leave, with each city reporting their vote totals, it began to become more and more clear that Brexit actually had a chance. Gold started to spike...then the VIX started to spike...and the British pound began to plunge (to 30 year lows).

Then, at 10PM Houston time, it became clear. With 60% of the vote in, it became a near impossibility that "remain" could win. By then, gold was up $40/oz, the VIX was up 31% and Dow futures were off 550 points...which is essentially where we find things this morning.

Of my roughly 30 tweets during the vote, here are the two that seemed to resonate the most:

‏‪@KHerriage

Ironic.The US fought/gained independence from Great Britain, but it took Britain leaving the EU for the US to begin regaining our freedoms

‏‪@KHerriage

I'm feelin...

Continue reading your article and start your free 14-day trial with VRA.

Start Free Trial

Already have an account? Sign in.

Related Post

May 08, 2024
VRA Letter: Schedule Change

Good Wednesday morning. Today’s VRA Letter will follow later today. Thanks, Kip VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: ERX (2 x Energy ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 x Miner ETF), URA (Uranium ETF), KWEB (China Internet ETF) and of course our VRA 10 Baggers, which include our focus names […]

May 07, 2024
VRA Letter: Took 87% Profits in Palantir. Focus on VRA Innovation/AI Buy Rec’s. Pounding the Table on Energy Stocks. Latest From Ross. VRA Bull Market Base Case.

Good Tuesday afternoon. Alert: this morning we took profits in Palantir (PLTR), selling at $22.40 for a profit of 86%. In the VRA Portfolio, we own and recommend the following innovation/AI buy recs: - Tesla (TSLA); Last: $181, with a gain of 4%. TSLA is a VRA 10-Bagger.   - SOXL (3 x Semi ETF); Last: $41.75. We have a […]

May 07, 2024
VRA Alert: Taking Profits in Palantir (PLTR)

Good Tuesday morning. We’re taking action in the VRA Portfolio. We are selling Palantir (PLTR). Enter a market order to sell PLTR at the open. Last trade: $22.75 Our price paid is $12.07, which will give us a profit of approximately 88%. Palantir announced earnings after the close and while I had no issues with […]

May 06, 2024
VRA Letter: VRA Base Case Remains Firmly Intact; This is a Generational Bull Market. Tamboran Resources Files for NYSE IPO (Falcon Oil & Gas partner). Fox Business Interview.

Good Monday morning. Following Fridays weak-ish jobs report US markets surged higher. Importantly, the move was (once again) textbook, featuring the Semis up 3% and Nasdaq up 2%. As we’ve covered here essentially daily, from the birth of this new bull market in October 2022, when the semis are leading higher we want to be […]

May 03, 2024
VRA Letter: April Jobs Report; Paging Goldilocks! How’d We Do? Financial Engineering; Get Used to It. More Contrarian Buy Signals. Chinese Tech is Back (KWEB). “Big Bribe” Playing Out. Conspiracy Theory Friday.

Good Friday morning. I’ll be on Fox Business (Charles Payne, Making Money) in the 2 PM EST hour today. I was scheduled to be on yesterday but was bumped (likely for someone more important)…hope you can tune in! This morning we got the April jobs report and the data came in beautifully (assuming you’re bullish) with 175,000 jobs […]