In today’s episode, Kip breaks down yet another record setting day on Wall Street, as the S&P 500 and Nasdaq hit all-time highs and the market continues its “generational bull run.” Kip dives into the key factors fueling thi ...
Don’t look back to the market is closed. Good Thursday afternoon everyone. Kip Herriage here with the VRA Investing podcast. Hope you had a good day today. Another record day in the markets today. Lots to talk about here. Let’s go through it quickly because it was a day of all time highs again, all time highest day, S500, all time highs day. Nasdaq Rust 2000 had another solid day today.
We did back off a little bit at the close today. But look, we’re not concerned about that. This is the belt, as we’ve been saying, this remains a mouth of bull market. It certainly is a generational bull market. This is what we’ve been saying now for three years. And look, we’re just really getting started here because we ran the numbers this morning. Kind of surprising from the April, excuse me, the October bear market lows of 2022, the S & P 500 is only up 61%. Nasdaq’s up 87%.
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Those are, those aren’t bad numbers. But you know, we had, we had Trump’s bear market, the tariff bear market. You look at a chart on it, it looks just like the pandemic crash, you know, I mean they’re almost exactly the same and they both happen over four to five weeks. If we hadn’t had Trump’s tariff bear market, which was just a reckless, irresponsible, but that it was a pathetic attempt at tariffs from Trump and I, you know, again, that was only a few months ago. God, it feels like it was years ago, doesn’t it? If that hadn’t happened, of course, you know, we’d be up over 100% in the markets and that’s where we’re going. That’s the key point here. Key takeaway is like the 2020 Plandemic Market where we got back to all time highs again by about this time. We just kept going, you know, SB 500 rose another 40% in short order.
Nasdaq rose another 81%. I believe, believe that I’m working on memory in, in pretty short order over the next year or so. So I think that’s where we are now. We’re just now getting back to all time highs. But you know, damage was done earlier this year and I think we have to hope that that’s out of Trump system because I don’t think there’s anything else that’s going to hurt this market unless it’s self inflicted from President Trump. And he’s got, you know, he’s got a lot of detractors right now because of the amount of money that’s being spent, the debt is building up in the, in a bbb. Obviously this Epstein thing, you know, I, I think that the tariff stuff, I think that, you know, he, he just inter tried to introduce 50% tariffs yesterday on Brazil and you know, the market didn’t do anything. I mean we are, you know, again, at all time highs again today.
The markets are, are really just saying they don’t believe him, that everything is negotiable and they don’t believe him. And that’s where the markets are with tariffs. Now if something else were to come up, you know, we’d have to cross that bridge when we come to it. But I think we’re in the clear here. We were in Trump’s first term after we got through the first tariff stretch he went through until the pandemic happened. Of course we got a long Runway in front of us here without a whole lot that could get in our way. Just ran these numbers here today. There are people that are squawking about how overbought this market is based on one of our longest term and truest indicators of being overbought and oversold.
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And this is the one we, this is more important than any other indicator that we look at. I’m going to tell you about it right now right up tomorrow by the way, going to be on Fox Business tomorrow with the Charles Payne and the 2 o’ clock hour. 2 o’ clock eastern hour. Hope you can join us there. The percent of S500 above the 50 day and the percent above the 200 day. This is our go to. There’s, there’s nothing that we pay more attention to than this. We, when these readings get into the mid to high 80s.
Yeah. We start, we start looking at our for, for, for, you know, an exit, a, an exit ramp for the market. We start looking to take some profits or at least put some hedges on and stop buying anything.
Folks are saying today we’re there. That’s bad. That’s bad information. That’s fake news. We are most certainly not there, Tom. Today as of close, 74.8% of the S&P 500 is above the 50 day moving average again until we get to the mid high 80s. We got, we got room to run. We’re 74.8 now.
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It’s elevated for sure but we’re not in the danger zone. Now listen to this. The percent above the 200 day is only 64.4% folks. That’s a good 20 points below that just the 52 week high again until we get to the mid 80s, we’re not talking about, about overbought at all. We’re 64.4. So again we always alert you to these big things that matter, right? And what matters right now is what we’ve been telling you here, that there’s a, there’s a bit early to this market. It’s being driven by liquidity against $7.4 trillion in money market funds. That’s just bank money market funds.
Another 3 trillion in brokerage firm money market funds not talked about much. That’s over $10 trillion right there combined. And then the biggie that no one talks about and this is what drives Tyler and I crazy. And we’ve been talking with this, with you now for again close to three years. We started researching the big bribe and we were like finding this going wait, are you. Home equity is $34 trillion. What it was, it is now 34 trillion now. Three years ago it was like $29 trillion like and that was an all time high.
And now we’re at $34 trillion. So you know, this is money that is freight is scared. This money is scared to death. It’s sitting in homes because people don’t know what to do. They’re being told by the psyop of negativity that the stock market’s going to crash, that we have too much debt, that the economy is going to crash. Everything’s going to come crashing down. Now on the one hand I get the fear. We get the fear.
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We’ve had four bear markets since 2018 where the average stock lost more than 40%. 40 to 60%. That’s brutal, unprecedented. It’s never happened before. So we get the fear. But you know, you gotta look through that because the markets are telling you, you know, these all time highs are telling you something else is going on here, right? So it’s being driven by liquidity. And once race starts to fall, the liquidity that’s going to come in from, from, from home equity is going to be insane. That’s the next big blast higher that we’re going to see both for the economy.
As the economy continues to broaden out again, more and more people start their.
Equity out of their home to do whatever they want to do with it. It’s your money, you should be able to. That’s right, you get to. And so a lot of course is going to come into stocks and crypto as well and gold, et cetera, et cetera. So again it’s Liquidity led bull market. That means it’s structural. A structural bull market is the most powerful kind of bull market there is. And folks, I’m just telling you there’s almost no one talking about this.
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I hope that tomorrow with Charles. I hope that we get to get into this. I sent this morning’s letter and I wrote this. I hope that he pulls it out of my, you know, out of our research, out of our letter from this morning and says, hey, let’s talk about this, Kit. Because you know what? Nobody else is talking about it and they’re starting to. They’re starting to. But folks, when you have 40% of homeowners that have paid their mortgage off, they have no. 40% of the country.
40%, every homeowner of all homeowners have no mortgage on their home. That is ridiculous. And the people are talking about, here comes the next 2008. No, it’s not coming. That’s terrible advice. And frankly, you should be run out of the Wall street if you’re giving that advice. If you’re on television, if you’re anywhere and people listen to you as kind of a financial savant or whatever, and you’re saying that you should be laughed out of the room. And that’s, I think that’s really what we, Todd and I have been trying to do more and more of, is be a little more bold about it.
We have to write it up a lot to get people’s attention. And so again, I hope tomorrow we get a chance to talk about on Charles Payne show, because this is why the market’s going up and why it’s going to continue to go up. This is why this is a generational bull market in the roaring 2000s is going to continue into at least 20, 30, at least, probably longer. Now, it won’t be straight up. They never are. But again, as a structural bull market being driven by unprecedented amounts of liquidity and the ability for both the consumer and the companies, American companies, to lever up again. When’s the last time you heard anybody talk about that besides us? No one’s talking about this. But, but it matters because there’s more liquidity in, in corporate coffers today. There’s less debt in corporate coffers today.
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Again, everybody’s afraid to do anything because again, for bear markets since 2018, that will do it to you. People are still shell shocked. And of course, you have a pandemic like we went through, you know, with these Death jabs that are, you know, 70% of the countries injected themselves with these things. People have a right and a reason to be afraid of a lot of things. But we’re here to tell you that one of those things you should not be afraid of is investing in the stock market, starting your own business, trusting the economy and knowing that we have it’s a one way ticket up unless something goofy happens. Of course that’s always a possibility. But guess what? That’s why we diversify. That’s why we own gold.
That’s why we own Bitcoin. And you know, we don’t keep cash. We invest in gold. Look how that’s done. I’ve showed this stat so many times, I may have to try to say this tomorrow on Charles’s show. I’m going to stay here one more time. We don’t save in cash, we save in gold. And this has been our advice to our subscribers and clients since 2003, when I started the VRA.
Second ever VRA letter was direct recommended gold in the miners. And we’ve done incredibly well in this group, probably better than anybody in the country has to be honest. We’ve never put a sell signal on gold ever. Recommended at $350 now. So of course now you know where it is. 3200 and change. And recommended silver at $5 now. So of course it’s in the 30s now and both are going a lot higher.
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But $100,000 invested in gold in 2003, okay, so we’re talking about 22 years or so. That hundred grand today is worth $700,000. Both of these are, by the way, after inflation. If you invested that hundred thousand dollars instead in a money market, completely insured, totally safe, as I’d love to tell you, safe and secured, can’t lose. It’s FDIC insured, right? You put you’re earning 3%, we even give you that 3%. You invest that same thousand in a money market account earning 3% from 2003 over the same 22 years after inflation again, that 100,000 is now worth $67,000. That’s the harm that inflation has done to you. It’s destroyed your money, even making 3% a year.
So people just don’t understand that, you know, you’re probably better to play penny stocks than to invest in and just leave your money sitting in a money market. I’d be facetious, but the point here being gold, that’s the way you say. And so that’s also how we diversify, right? Bitcoin, gold, equities, obviously, housing, real estate, there’s so many great ways to diversify that are all frankly very, very safe as long as you are properly diversified, know what you’re doing. So we’ll see if it gets a chance to talk about some of these things on Charles show tomorrow because this is out of the mainstream. This is not what the public hears, generally speaking. And we’re about to really ramp up, you know, our marketing too with Wayne, the sponsor of Wayne’s new show, his new podcast, which is inclusive with Gateway pundit. These guys are the big boys of the block and they struck a deal with Wayne again. They’re doing this with nobody else.
Good for Wayne. He’s just the hardest working guy. Great guy. And we’re going to be the lead sponsor of that podcast which begins next week. And this is the kind of things that will be, as we get larger and have a larger footprint that we’ll be telling people, so look for our ads. You’ll see our ads out there. And we’re always going to. We never want to get too big, but we just want to be able to help more people.
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And most people are not hearing. And the question is, why aren’t they? Well, I think we all know why. It’s the same reason that the big pharma controls the medical industry. They don’t want people knowing the truth. Wall street is the same way. The banking industry is the same way. They do not want people knowing about your options. And that’s the amazing thing, frankly about bitcoin and the fact that now it’s gone viral, if you will.
More and more people are finding about options they have. And we don’t recommend getting too crazy there. We like bitcoin. I don’t play any of the others. I think Tyler does. I do not. And we like a couple of the bitcoin not miners. Well, they’re related to that.
And that’s Galaxy Digital and GameStop which has a $500 million position in Bitco. I think that’s going to grow quite a bit. They’ve only got $9 billion in cash. So it’s a, it’s interesting story. It mesmerizes me, if I’m being honest. It was happening at GameStop and it’s hard to, it’s hard to, it’s kind of hard to justify having a large position. And we do because they make very. They don’t do any marketing, they don’t Tell people what their plans are.
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It’s all again, a little bit mysterious, but Ryan Cohen has already done some pretty remarkable things there. So again, that’s the only reason we own it really, because of the bitcoin thing. And what they’re doing is financial engineering, which is a. This is, this is the wave, this is the era that we’re in now of financial engineering. I think Ryan Cohen gets that and I think the stock’s gonna do quite well. But anyway, a lot of great options. The market’s going higher. Generational bull market, you know, as long as you’re property diversified and don’t buy at extreme revolt levels.
Now we are getting there. We’ve been telling you this. We’re not extremely bought on steroids. Not we’re not our most overbought levels, but we are extremely robot. This is the time. This is a time to start thinking about raising some cash. This is a time, this is not a time to be putting new money to work in stock. Like, like our favorite store, our favorite stocks, Nvidia.
Well, it’s extremely robot. This isn’t. I’m sorry, but this is not the time to buy Nvidia. Even though it’s all time high again. And now it’s closed today with a market cap of $4 trillion. First time any company’s ever closed with a market cap of $4 trillion. Infinity Video did today, but it’s not a buy here because it’s extreme overbought on our investing system. However, Tesla is a buy, right? Tesla’s day, up 14 bucks this year, up almost 5% today.
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And again the stock’s been hammered because Elon has decided to go off the rails again, politically speaking. And a lot of investors just want nothing to do with that. But that’s a buy. That creates a buying opportunity for the rest of us, does it not? Yes, the answer is yes, it does. They are going to. It was announced last night by Elon. If you’re on the late night release of Grok 4, which is just fascinating, okay, if you haven’t activated the vocal, the verbal, what do they call that? The verbal option.
The audio. You can have a conversation with Grok. It is unbelievable. It is hard to put into words what you can learn and what you can do as grok. As Musk announced last night, all Teslas will be downloaded with GROK next week. So what our cars already do. If you own a Tesla, you know, I’m talking about fsd, all the features. What it can already do is just spellbinding, okay? It’s like magic.
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And now that’s going to get even better. And again people are people selling this stock. They’re going to really regret it. They’re really going to regret it. We don’t care with the stock, we obviously we care, we want to go up but the longer it stays cheap the more we can buy because that’s what we do here. We dollar cost average into our 10 baggers and, and, and, and Tesla’s one of those of course. So the longer it stays cheap the more we can buy and that’s going to mean a lot to us. And right now the stock’s 310, 20, 30 is, stock’s going to be $7,000 $8,000 a share.
Okay. This is going to be, this is, this is an insanely great investment at these prices. So please Elon, keep doing goofy shit, keep the stock ground allowing us to keep buying more and more of it as, as we can. And that’s one of our top, if not that is our top recommendation frankly. It’s a, it’s actually a very easy story to tell. It’s a very easy story to understand. And once you lift the hood up a little bit and you see everything that they’re doing with AI, with robotics of course, you know, with the full self driving autonomous vehicles, energy storage battery and they’re, what they’re doing with their, their, their energy storage is just unbelievable. Again no one, no one’s doing this and they’re doing it all under one roof.
They could really blow people away if they, if they, if they just spun all those off and in separate companies, right? You want to see the stock go from $300 a share to a thousand dollars a share within about a week. Spin all those companies off into separate entities. Let the shareholders of Tesla have a 50% stake in all those. Again, the financial engineering. This is the age we’re in. We’re going to start seeing things like that happen. Companies will start breaking up. This is why do you think they’re, why do you think share buy share buyback programs and every year hit a new all time high because companies understand that we’re going to go through a phase where spin offs start to be a thing.
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This is a financial engineering, this is a part of every big bull market. We’ll get to that point. I think this one’s going to be extraordinary because we’ve seen this bull market going for many, many years. There’s never been a better time to be an optimist. Never been a better time to be an Investor and be open minded about the future with the innovation that’s just again mind bending that’s taking place.
Market today up across the board a Dow Jones finishing up 190 points. That’s 4/10 of percent. Russ 2000 at 510 of a percent. SB 500 up 3/10. NASDAQ up just slightly, only up 1/10 of 1%. Semis once again up 8/10 of a percent. Leading everything again today just non stop again we focused a lot on the semis because the role of string chart semis. We focus on this with you all the time.
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It’s gone parabolic. Maybe at some point there’ll be a shakeout. At some point the semis will stop leading. But this ain’t that time.
This, this is still not that time. We are still in melt up mode. And yeah, I think we, we’ve been telling you we thought the second half of the year was going to be extraordinarily good. Well we’re there aren’t we? So let’s enjoy it and but we’ll reach a point where it’s time to start raising some cash. This is the time to be smart with your money. It’s a time to pause buying in these overbought securities. But other than that, you know again we’re just now getting back to all time highs. We got a long Runway in front of us before we see a significant kind of any kind of a correction.
I’m talking about 5 or 10% or something that would really hurt if you’re like oh why didn’t I sell something? You know I, I just don’t think we’re what we’re not, we’re not there. Liquidity is driving everything and it will continue to drive everything.
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In our internals today were also good today very similar to yesterday. I’ll round up advanced decline was 2 to 1 positive essentially that for both NYC and NASDAQ volume today almost again very close to yesterday, 70% of volume day for NASDAQ, 64 and a half percent for NYSE and we had 320 getting a little bit better. This was, this should keep getting better. We had 327 stocks at a 50 week high. Just 53 hitting a 52 week low. That that number should continue to grow. We think we’re on when we start getting over a thousand stocks hitting a 52 week high every day. That, that’s again that’s a sign where, okay, that’s a little frothy, you know, that’s, that’s frothy.
We’re just, again, we’re just not there. We’ll let you know we are, but we’re just not there yet. In a commodity watch today, really like this group because again we think rates are going to keep going down, the dollar is going to keep declining. We’ve loved gold for a long time now. It’s 3300 bucks an ounce, up 10 bucks today, up 3/10 of 1%. The miners today also rallied after being down as much as 1% this morning. They closed higher on the day as well. Really like the miners here.
So, so cheap, so incredibly cheap. Silver today also slightly higher, up 2 cents of a percent at 36.71. Copper been all over the board, hasn’t it, with tariffs and you know, copper mine, we don’t have a lot of copper mines in the US So you start putting tariffs on them. Then all of a sudden copper becomes much more. Today back up 1 1/2% at 562 a pound. What a story copper is. Goes in everything and it’s very cheap here. Crude oil today was again flat back to back days essentially flat 6844 a barrel.
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And finally the day bitcoin all time high again. Another all time high today. Just look at my notes here. There was something else. Okay, well, sorry, we’ll cover tomorrow. Bitcoin up two and a half percent on the, on the day. 113,676. All time high Bitcoin’s now you’re seeing if you watch it closely like we do, you know, you go out, you go to lunch, right? You go, you go to lunch, you’re gone for 30, 45 minutes, you come back and it’s up $2,000.
So this is, this is the, this is the, the crazy phase, right where we’ve broken out. Now that means there’s no one on the planet that owns bitcoin that has a loss in it. That’s clear skies. And that’s when these big moves happen. That’s when these breakouts happen, okay? And there’s so much money coming. Again, the best supply demand story of all time. It just doesn’t matter what you pay for it here because bitcoin’s going to 200,000 and 300,000 and four. It just doesn’t matter.
But 113,000. We told you three years ago that it was going to be a hundred thousand. We got laughed at a lot but we were buying it from 2000. Tyler actually started buying Bitcoin at 600. We recommended it to our subscribers at $2,000. And we traded it. We traded it once. Now we’re back in it again.
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We’re back in now for another cycle high. We think the cycle high in this round is going to be over 300,000 before we have the next really, really big correct. But who knows, you know, who knows? This is the chart. It’s almost impossible to trade bitcoin on the charts. Except that when you break the all time highs, you know, keep, keep, keep your, keep your eyes on the prize here because this is given the explosive moves happen, I think that this move is going to be to at least 120 short term, at least 120,000. It could be overnight. I mean we could wake up tomorrow and it’d be 120,000 out. No one would be surprised with it, right? But I think 120 to 140,000 on this move short term this summer.
I think this is a big move coming up here in bitcoin. This is a significant breakout and you want to be very long and strong. Bitcoin and related equities right now. Okay folks, that’s it for the day. Hope you had a great day and even better night. We’ll see you back here again tomorrow after the close.
In today's episode, Tyler covers an action-packed FOMC day, recapping J Powell's latest press conference, and more importantly, what it means for investors going forward. He also dives into the ocean of liquidity set to hit this market in 2026 that will fuel the next leg higher for stocks. Plus, Tyler previews an exciting special guest podcast coming up tomorrow with Wayne Allyn Root.
Welcome to the VRA Investing Podcast! In today’s Tuesday episode, your host Kip Herriage breaks down the latest action in the markets and sets the stage for what’s shaping up to be an extraordinary period for investors. From record highs in silver to a bullish outlook on gold and commodities, Kip Herriage dives into why “inflationary assets” should be on your radar and how true price discovery is reshaping the way we look at precious metals. Plus, get a sneak peek at upcoming conversations—including tonight’s exclusive VRA member Zoom with Scott Berdahl, CEO of Snowline Gold, and a preview of Thursday’s episode featuring Wayne Allyn Root discussing his headline-grabbing $100 million lawsuit against major tech and academic players.
In today’s episode, Kip breaks down the big stories and market moves you need to know about as we kick off a busy week on Wall Street. With the Federal Reserve meeting looming and rate cut speculation swirling, Kip shares insights on what Jay Powell is likely to do, why the bond market is sending mixed signals, and why these moves could signal a bullish setup for investors heading into the end of the year. Plus, you’ll get Kip's take on the current trends in semiconductors, bitcoin, and gold miners, as he highlights the stocks and sectors he’s watching including why he’s still bullish on Tesla and what unique cycle is emerging in the gold mining industry. From contrarian signals on social media sentiment to actionable commentary on leveraged ETFs and precious metals, this episode is packed with practical analysis to help guide your investing decisions. Tune into today's podcast to learn more.
Welcome to the VRA Investing Podcast! In this Friday episode, host Kip Herriage dives into the latest market action, discusses the importance of seasonality in market trends, and delivers his ongoing bullish outlook for the year ahead. He shares personal reflections from a recent trip to Denver, addresses growing anxieties around inflation and interest rates, and explains why he believes another 2008-style housing crash is unlikely. This week, Kip Herriage unveils a brand-new cryptocurrency recommendation—Bittensor (TAO)—and explains why he sees it as a potential “10-bagger” investment, comparing its structure and opportunity to Bitcoin with a focus on artificial intelligence utility. Listeners will hear an in-depth breakdown on diversification, market indicators, and what makes the current economic environment unique for investors.
In today's episode, Kip dives into the current state of the markets, where seasonality is driving strong bullish momentum and small caps are leading the charge. He shares insights from money manager Bryan, noting that short sellers are getting burned, and institutional investors still aren’t bullish enough. Kip highlights standout moves in sectors like semiconductors and reveals how the VRA portfolio is capitalizing on trends with leveraged ETFs and options, especially in nuclear stocks like SMR. This episode also covers major economic policy news, including anticipated changes at the Federal Reserve and the massive potential impact of Trump’s proposed economic bills from slashed corporate taxes to big incentives for manufacturing. Kip outlines investment strategies in housing, small caps, gold, and disruptive innovators like Tesla, offering his forecasts for end-of-year rallies and bold predictions for the coming year.
