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VRA Letter: Q3 Earnings Underway. PPI Beat. Gold/miners Jump. Tesla Launches the Cybercab, Robovan and Optimus.
Good Friday morning. Brief update from the road. Q3 earnings kicked off this AM with major money center banks JP Morgan and Wells Fargo posting results that the markets seem to like, based on early trades. JPM +1.5%, WFC +3.2%. Blackrock also higher on earnings,+1.5%. We also got the PPI this AM, coming in with a beat for the month with producer prices […]
VRA Letter: Tesla Launches The Robotaxi, Tonight at 10 PM EST
Good Thursday afternoon. Heads up; we’ll be on the road tomorrow so there will be no Podcast and possibly no VRA Letter (although I expect we will, especially with tonight’s Robotaxi launch). Tesla Launches The Robotaxi. Watch tonight at 10 PM EST via @Tesla (on X) Tesla will host their highly anticipated Robotaxi Day…"We, Robot"…tonight at 10 PM […]
VRA Letter: What October Surprise? Charts That (really) Matter; GDX, TLT, USD, SMH, TSLA. We, Robot…Tonight!
Good Thursday morning. Hey Kip, where’s that "October surprise"? And hey Kip, what do you mean "October is the worst month of the year” during election years? Yesterday’s blast higher took both the S&P 500 and Dow Jones back to fresh ATH’s. We’re not surprised…this is “that” bull market, after all…even as we paused our […]
VRA Letter: Wall of Worry Move Higher Continues. Falcon Oil & Gas Shareholder Vote. Lost Soldier Oil & Gas Zoom.
Good Wednesday morning. Strong recovery day yesterday, led by the semis and nasdaq, as we continue to witness a textbook definition of a “wall of worry” which as we’ve learned all too well over the years, bull markets love to climb. We remain aggressively long the market, even as we paused our buying of broad market […]
VRA Letter: Lost Soldier Oil & Gas Zoom Meeting Tonight @ 8PM EST
Good Tuesday afternoon. Below, please find the link for the Lost Soldier Zoom Meeting tonight at 8PM EST. Looking forward to seeing everyone tonight! https://us06web.zoom.us/j/81033685348?pwd=3hpuKRAO5mB7PmtbDs9WJ7V8UbadWU.1 VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: TQQQ (3 x Nasdaq 100 ETF), ERX (2 x Energy ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 x Miner […]