Newsletter

One Last Chance for an Obama Rally

Tomorrow is an historic day in the U.S. Our first black American President will assume the highest office in the land, and what most believe is the highest office in the world. Obama won the Presidency with a decisive mandate for ...

Posted On January 20, 20094 MIN Read
Share:
vra-default-img

Tomorrow is an historic day in the U.S. Our first black American President will assume the highest office in the land, and what most believe is the highest office in the world. Obama won the Presidency with a decisive mandate for “change that we can believe in” and beginning tomorrow we will begin to find out if this is for real, or simply more of the tired Washington rhetoric that we have all become accustomed to.

Unfortunately, and from what we’ve seen from Obama so far, it looks like more of the same “government is the answer, and an even bigger government will be the savior that we’re really in need of”. Folks, bigger government didn’t work during the Great Depression and it won’t work now. Revisionist history tells us that Roosevelt’s New Deal saved the US economy in the 1930’s, and without it we would not have survived. The truth however, is that Roosevelt’s massive tax and spend programs extended the economic pain and turned what would have been a bad recession into a global ...

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

Start Free Trial

Already have an account? Sign in.

Related Post

March 18, 2025
VRA Letter: Buy Signals and a Short Squeeze. NVDA Day; Here Come the Robots. The Latest From Rich Ross. Gold & Miners Going Parabolic.

Good Tuesday morning. Fridays 91% up-volume day in NYSE and yesterday’s 86.4% up-volume day produced remarkably strong back to back readings. We also just had back to back days with more than 90% up-volume days in the S&P 500. When this has occurred in the past, 2 months later the markets have been higher 100% […]

March 17, 2025
VRA Letter: This Week; Front-running of the Fed and Q1 Earnings. Bullish Drivers. The Semis; Beginning to Lead Higher. Gold Hits $3000 and the Miners

Good Monday morning. It’s an important week for US stock markets…a week that we look for a significant short squeeze move higher to kick in, based on front-running of two major upcoming events; this weeks Fed meeting and anticipation of Q1 earnings reports. We expect the FOMC statement and Fed Chair J Powells presser (Wednesday, beginning at 2PM […]

March 14, 2025
VRA Letter: Out of Office

Good Friday morning. We’re out of the office in meetings today. Look for our next Letter over the weekend. VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: TQQQ (3 x Nasdaq 100 ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 x Miner ETF), KWEB (China Internet ETF) and NAIL (3 x Housing […]

March 13, 2025
VRA Letter: Xtract One Tech Q2. Trumps Tariff Polices, as Explained to Irelands PM. Short This Market at Your Own Peril.

Good Thursday morning. We’ll be back later in the day with a second Letter where we’ll be covering Xtract One Tech (XTRAF) Q2 earnings report from last night and their 10 AM EST call to discuss the quarter with analysts and shareholders. The webcast can be accessed here and the telephone number for the conference call is 844-481-3016 (412-317-1881 for international callers). […]

March 12, 2025
VRA Letter: February CPI; Inflation & Rates are Past-tense Concerns. Trump Buys a Tesla. FIFO; Semis, TSLA & Small Caps. The Latest from Rich Ross. Tyler on Schwab Network.

Good Wednesday morning. This mornings February CPI is in and it’s very good news all around for inflation and the markets with 2.8% (headline) and 3.1% (core). These are solid beats and the markets are surging. Dow +300, Nasdaq +300.  US CPI (Feb.) Headline M/M: 0.2% (exp. 0.3%, prev. 0.5%) Y/Y: 2.8% (exp. 2.9%, prev. 3.0%) Core […]