In today's episode, Kip shares market insights as we approach an exciting transition in the political landscape with the return of Donald J. Trump. Kip provides encouraging updates on Bitcoin, gold, and various market sectors alongside optimistic projections for the future. He caps it off by covering the legislative moves and key players paving the way forward. Tune into today's podcast to learn more

Don’t look back because the market is closed. Good Friday afternoon, everyone. Kip Herriage here with the daily VRA investing podcast. Hope you had a good day today. I think you had a good day today. Not because of the markets only. We have three days left. We survived a four year nightmare with a fraudulently installed brain dead president and it’s almost over.

Praise Jesus Christ. I don’t know about you guys, but my and I wife did a little celebrating this weekend. Monday’s gonna be a special day. By the way, markets closed on Monday for Martin Luther King Day. But they’re really close for the inauguration, aren’t they? The return of Donald J. Trump. Look, I’m the first to say I’ve had my issues with Mr. Trump.

[00:00:37]:
Now sending President Trump again, but that had to do everything with the pandemic. He got snookered. I really believe he did. But it did happen and he did screw it up and it was a horrible mistake and he’s got to make that right. He brought in RFK Jr that really set the tone for me. First of all, Desantis dropped out, so I didn’t have a choice. But then when you brought in RFK Jr and so many other quality people, Elon Musk, Tulsi Gabbard, again, another long time. These are all Democrats, by the way.

We really have a, we have a Democrat president, don’t we? We do, but it’s okay. We’re at that stage of the Roman Empire. Well, it, frankly, it doesn’t matter. We’re going down this road. I don’t know that anything’s going to change it. Empires do end, but we got, we got some time to go. I think, I think we got a ways to go. It took 100 years for Roman Empire to end.

Maybe it’ll take a couple hundred years for us, but not with this debt situation. At some point it’s going to become a problem. Not for a couple of decades of folks, people have that story entirely wrong. When you have the world’s reserve currency, government debt is an illusion. Now if you don’t have the world’s third currency, we’re talking about different situation, which is why it’s so important to what Trump has been saying right from when he got the nomination. And Scott Bessant, new Treasury Secretary, saying it first thing on Capitol Hill during his interview, if you will. They know the importance of protecting the US Dollar as a world’s reserve currency. Both of them have focused on this.

[00:02:03]:
They get it. But again, that’s what allows you to add more debt. Without it Being that big of a deal. That’s just the way it works, folks. It may sound scary as could be, but that’s the reality. And I know this because I’ve been fighting this battle for 40 years with people that told me that our government debt was going to crash our system. It’s just not going to happen. But anyway, we’re going to keep the world’s reserve currency.

It’s going to be the US Dollar. No, bitcoin’s not going to replace it, but it’s a great alternative. We had some great news from bitcoin this week as well. Again, about a 10% move higher this week. A lot of good things happen, but the biggest thing is getting rid of this criminal, the Biden crime family going bye bye. In very near future, they’re going to look horrible in the history books and we’re all going to make really sure that we already know it, don’t we? But again, Trump added a lot of quality people. I like the path that he’s on. It seems to be like he understands he has an opportunity to leave a legacy that’s truly lasting and again, to make up some for some past mistakes.

I’m certainly willing to give them every chance to do that. And now again, we have a bunch of Democrats that are running things. But Trump has said this many times and I really agree with this. It’s not about Democrat, it’s not about Republican. It’s about common sense. And that’s what just did not happen in the last four years. So much insanity that you scratch your head and go, what are the, what drugs are these people on? None of this. Boys playing in girl sports.

[00:03:30]:
Focus on transgender, encouraging transgenderism. And again, and allowing parent, these insane parents to have operations performed and medications given to kids when they’re one or two or three years old that they may want to grow up and be a horse. They don’t know what they want to be. And again, we all know this story, but none of it made any sense. And that’s how communists tear down the system. For those that are wondering, how could they be so, how could they be so off base? None of this was unintentional. This is all intentional. There’s no mistakes here.

They weren’t incompetent. This is all planned. It’s no different than what’s happening in California with these buyers. The goal was, it’s always been for communists. And this is well known. Not focused on much like it should be, but it’s well known by those who pay attention is to Destroy America from within. Because we have, with our military strength, right? Unless you nuke us, you know, and then that brings about, you know, return nukes coming your way. Who wants that? Right? Nobody survives that.

The best way to bring down the United States is to do it from within. That’s what the Communist Manifesto has always been. And so if you look at it from that lens, you start going, okay, yeah, okay, these fires were intentional. But they may not have set the fires themselves or they probably did, frankly, or had some of their crazy loon friends do it. But all of the other things they didn’t do that was intentional. Knowing, okay, California has these fires every year. You got to clean the brush, got to make sure there’s water in the pumps. You know, they didn’t, they, they, the fact they didn’t do it was intentional.

[00:05:03]:
No different than the pandemic. Completely intentional. These are not incompetent boobs running our government systems. This was intentional. New York City, same thing, but now it does. Like, the red pilling of America is something we’ve been talking about here now for about two and a half years. We first started saying that America is being red pilled. And that’s the good.

That’s the good that’s coming from this insanity is people are waking up. Was that the reason it even happened? To wake us up before it’s too late? Maybe. But the bottom line is that it’s now happened. America is more red pilled than any time in my lifetime, certainly. And just at the time that it’s needed right before, it’s just going over the cliffs there, right? And so it’s, we’re all, we’re all. I know, we’re all very exc. I think most Democrats are even excited because they know what Trump brings to the table when it comes to the most important thing for us, right, to be able to provide for our families, to make as much money as we want to make because we’ll network the other guy, outsmart the other guy. Right? That means taxes have to absolutely fall a lot.

And, and then also, you know, protecting our country. How do we do that? How about maybe with borders? Can’t have a country without border. So all of that common sense Americanism is coming back to this country and that’s a big reason to celebrate. I know I’m preaching to the choir here with this group, but yeah, my wife and I, Cindy and I are going to celebrate this weekend a little bit. My guess is we won’t be alone. So enjoy yourselves. Monday, by the way, will Be a holiday. We’ll have no VRA letter, no VRA podcast.

[00:06:40]:
However, you can catch me on Charles Payne’s show. I was pretty honored this week to get a phone call from Charles’s producers, and she said, actually, this was. Nick is one of his other producers said, hey, listen, Charles asked me to ask you if you would please come on his show on Inauguration Day. He wants you there. And so that was pretty cool. I gotta say, Charles Payne is just an extraordinary individual. If you know his background and your story about him, it’s extremely impressive. This young man from.

From Harlem, you know, he lived, he grew up in the ghetto, was able to make what he’s made of himself, and he always had that internal compass. He knew from a young age what he was going to do. Again, mind over matter what you think about, you bring about. Charles Payne is a perfect example of doing that, and he’s a phenomenal human being, and I’m honored to be able to be back on the show Monday. And then we’re back, of course, with you Tuesday, to a market that. It’s going to rock and roll. Look, by the way, I got to say, this is insane, okay? The markets are big today. You know that by now, right? I’m doing the podcast.

Of course it is. We really should start trading this. I had this conversation with Tyler again, that. We’ve talked about this on days that Tyler does the podcast. It is insane how many times these days are down. So why are we. Why aren’t we trading this? I mean, this is a repeating pattern of the highest order. This is going on for now, for years, not all the time.

[00:08:12]:
Tyler gets plenty of good updates, but he gets the vast majority of down days. And we’ve even switched our pattern up. I said, no, we’re gonna. We’re gonna break this up. And that was a mistake, because then. Then it would just reverse it, didn’t he? Again, it. Poor guy has got nothing but bad days. I’d say 80% of his podcasts are on days where the market’s down or flat.

But, you know, as I told him, you know, you’re. This is. This is how you build character. You know the old saying, what doesn’t kill you, make you stronger. But, you know, learning the business like he is. Multiple businesses, by the way, marketing, of course, the investment side and, you know, the doing podcasts, doing interviews. He’s learning a lot in the six, seven years we work together. And I think it.

I think. I think. I think the universe wants him to build a lot of character. Because it’s certainly been, that’s been the path so far. We should be buying puts and calls and daisies that we’re doing podcasts. If I’m doing one, you buy by calls the night before. If he’s doing them by puts. That would have really made us a lot of money.

[00:09:14]:
And I’m only half kidding, because it really would have worked. We think that that’s going to flip back, though. So Tyler gets Tuesday, the day after inauguration. I’m sure the market is going to be a big on Tuesday. I feel pretty confident about that. Look, we came into the last week and a half or so with the game plan that the markets would start front running Trump. And how perfect was it? Number one? Thank you. Because it played out.

But how perfect was it that as I wrote this up this morning, that investor sentiment went into the toilet? I mean, we went from the first week of December having. We were in greed territory on our sentiment indicators. Some even more so, almost, Almost extreme greed. Because after the election, people were so excited about having Trump back in, what he’s gonna do for the economy and for the markets. Because Trump loves the stock market. I don’t, I don’t know that enough investment people or investors have considered this. This guy loves seeing the stock market go up because he knows what that means for his friends and for his fans and supporters and now his American citizens. Okay, it’s great news.

That’s called the wealth effect and animal spirits right in front of your face. And it’s very real. The more the market goes up, the more people feel good, the more businesses they start, the more employees they hire. And it’s just a cascading effect. It gets called the wealth effect. And it’s very real. So I think that he’s going to, he’s going to continue to focus on things going to make the market go up. I don’t think enough people have really realized that.

[00:10:47]:
And look at, look at his cabinet positions. I mean, my God, they’re all essentially billionaires. If not, they’re on their way to becoming a billionaire after their four years of Trump. That’s the way the game works. I mean, it just is. Um, but they, they know what drives the economy. And part of that is, again, the wealth effect of a rising stock market. How do you do that? You make sure you have an economy set up so GDP can grow with low taxes, that produces high corporate earnings, and then the rest is history.

The stock market takes care of itself. That’s the macro story we’re so excited about. So that’s been our game plan, front running of Trump. That’s happened now when we come back on Tuesday that we would have a new president. Donald J. Trump is 45 and 47. And we don’t see any reason this market should slow down the internals again. We went to complete human sentiment, went to fear.

We were extreme fear on Monday when Monday’s ugly open. Okay, that was, that was the bottom. We had extreme fear readings and that marked the lows. It’s almost like when the fear greed index hit extreme fear, the market bottom, I think it was like simultaneous. Okay, so following these sentiment indicators is a very, very smart money idea. I wrote this up this morning. Tyler coveted the AAI investor AAII investor sentiment survey just collapsed. Just absolutely collapsed.

[00:12:10]:
They report on Thursday night. And wow, let me give you the exact numbers here. The percentage of bulls going into this week, they were about the same. There was just slightly more bears than bulls. Now only 25% of investors are bullish, 45.6% are bearish. So you’re seeing this time and again. This is a great buy signal when this happens, especially in a big bull market that’s just entering its third year. For all those that have told you, hey, you know what, we just had two really big up years and we did.

SBF hunted up more than 20% both years for the bear market lows, which we call to the day. Nasdaq up 88%. SB 500 up 68%. So this bull market just getting started, for those that are telling you were due for a bad year, I’ve heard this everywhere. No doubt you have as well. They just don’t know what they’re talking about. All right? Nothing could be more bullish than having markets go up a bunch in a couple of years. As a reminder, during the dot com melt up, which is the period that we think is most similar where we are now, this could be a lot bigger though.

Longer lasting, broader, much more impressive. This, this is going to be the bull market of our lifetimes. Now understand this, this has started, this is underway and, but during the 95 to 2000 melt up, and that’s what it was. We didn’t have a Single year below 20% returns. Okay? So I think that’s, I think we’re gonna see that but for a very long time frame. And if you’re a good stock picker, you know, if you like to pick stocks like, I don’t know, like Tesla or Bitcoin, I mean, pretty much is a stock, you buy it as an ETF. Now I think you’re, you’re looking at 100% returns for, for a long time each year. This is again this can be dapple market.

[00:13:57]:
We’re always on the lookout for other stocks to buy as well. I had a call today with one of our 10 baggers. I’ll just call it X1 here since not everybody listening is a VRA subscriber member. But X1, I had a call with the CEO today. I’ll be writing this up tonight. We have one more call tonight to clear up a couple questions left but just killing it and I think, I think you’ll like this write up. They believe that if all these contracts that are out waiting signature that if all they all get signed that they will do more in this second quarter which is there in an annual quarter calendar quarter if they do what’s already been agreed to. If those contracts come back in they’ll do more business in the second quarter this year than they did all of last year.

That’s one of our 10 baggers. Okay, if you’re with us here, you know what I’m talking about. So again if you’re a good stock picker I think you’re going to see extraordinary returns. But if you just want to buy index funds, you know, just and maybe try to time the market using the VR investing system, you’re going to crush it too. And so that’s really what our game plan is here to use our ETF strategy and our growth stock strategy, 10 backer strategy and just knock the COVID off the ball for as long as we can. Folks. This could be, this could be 20 years of really good news. And I think at minimum we’ve got five.

We have to into 20, 30 at minimum, right? Roaring 2000 and 20s, roaring 1920s. There’s a lot of parallels here but I think it goes beyond that because of the innovation revolution. We’ve talked about this so much you’re probably starting to talk about it. But it is what it is and we saw more evidence of it this week, didn’t we? Bank stocks, excuse me. Banks kicked off earnings this week and just destroyed the big banks reported on Wednesday. I mean There were gains 4, 5, 6, 7% and the big banks now hitting all time highs. The BKX, the bank index this week finished up 9%. The semis market leading semis closed up 7%.

You talk about a beautiful looking chart pattern that just needs to break out of this bullish triangle. Look at this chart of smh, the semi etf. Because if it closes. I mean, first of all, the semis are still again, Tyler’s got all these notes for me for your podcast. Thank you, Tyler. Semis are still, if I could read my notes, it’s still like 9% away from, from an all time high. But if they break out of this coiled spring, this bullish triangle, which is what we think is going to happen into earnings for the fourth quarter, I think it’s happening now, would be surprised. Next week is big.

[00:16:33]:
Then you’re going to see a monster move in the semis and of course the market will follow that. And we got that today, didn’t we? Semis led the way higher Again today, up 2.3%. Nasdaq up one and a half percent. Again, that’s text bull market action, exactly what you want to see. But again, we had gains across the board today. Again, NASDAQ up 1 1/2 percent. Dow Jones up 8/10 of 1%, up a big 334 points. SB 500 up exactly 1% today, up 59 points.

And Russ 2000 small caps up 14.1%. So good day. This is the best week we’ve had since the election back in November. And again we’re looking for many more of these. What else here? I feel like I’m being repetitive a lot of the time because animal spirits, I want to make sure people understand this. We’ve got an administration coming in and a cabinet coming in that are the most free, they’re the most free trade and free market capitalist that this country’s ever seen. And they know how to make the economy work. They know how to make businesses work.

They certainly know how to make corporate earnings work. So we’re going to get some. I wouldn’t be surprised at this market this year. I’ve already said we’re on record saying 40 gains in NASDAQ this year with at least 20% gains, S500. I wouldn’t be surprised if we’re on the low side there. And again, this is not going to be a short term uptick. This is a historical bull market. Understand that.

[00:18:02]:
And we’re going to keep pounding that table on that call because so far we’ve been right and we think we’re going to continue to be right. If we get 5% GDP growth this year like we believe we’re going to get, we’ll say, we’re saying within 12 to 18 months, folks, it’s going to happen this month, it’s going to happen this year, we’re going to have 5% GDP growth in at least one quarter this year. Take it to the bank and the market’s going to. Corporate earnings like the banks have done this week are going to continue to impress, especially the innovation revolution taking place. All these new industries, new technologies that are happening. It’s going to be extraordinary time to be an investor. Extraordinary time to be a business owner. Extraordinary time to be an American.

And again we’re due for a couple of good decades after the worst two decades this country’s ever had are now ending. Okay, let’s take a look under the hood today. Good day across the board. Semi is the internals today. Advanced decline 2 to 1. I’m going to round up a little bit. 2 to 1 positive for NASDAQ. 2 to 1 positive.

NYSE volume today 58% positive for NYSE. A 67% volume positive for NASDAQ. We also had about 100 more stocks at 50 week high than a 52 week low. Our sector watch today, what was this? All but really all but one sector finished high on the day. To the downside, healthcare down 6/10 1%. No damage there. But we had 1, 2, 3, 4 sectors finished up for at least 1% led by consumer discretionary and of course technology. Exactly what you want to see in our commodity watch today as rates continue to move lower.

[00:19:40]:
It’s been a good week for gold. We’re only about 80 bucks away from an all time high now. We were a little soft today, down 10 bucks announced. That’s only 4/10 1% at 2740. Again we believe the highs are in for yields and likely for the dollar. This is what happened in Trump’s first term. The highs for the dollar were in by the time he was sworn in. The dollar rallied because again the US Is the place to be.

That’s very bullish for your currency and everyone wants to buy it. There’s a shortage of US Dollars globally anyway, so it doesn’t take a whole lot of extra juice to get the US Dollar going. But once Trump has sworn in, the dollar tumbled for the entirety of the next year, which is of course when gold really took off as well. We think that’s going to happen again. I look for a big year for gold and silver, but really big year for the miners. That’s the cheapest group that we track and we are aggressively along this group and some great small caps as well. So over today was down 2% at 3,104. Again these had a pretty weak though copper today also down 2% at 435 a pound crude oil gave back some gain today finishing down 50 cents a barrel at 77.37 and found the day Bitcoin again.

I wonder, wanted to tell you a story about bitcoin real quick because Trump is going to announce a strategic reserve for bitcoin that’s going to get announced the approval process because it got to go through Congress that might be another thing but there’s so much energy behind it and there are other ideas. We’re hearing some interesting rumors about what it’s going to do in executive orders to bring in other buying for bitcoin. The key point here, which is why of course Bitcoin rallied 10% this week. Excuse me. Yeah, this week, up 4% overnight. The key point here is that there are so many institutions that still cannot buy bitcoin. There’s so many investment advisors that still cannot recommend or purchase bitcoin for their clients. There’s so many global institutions that, that meet that same, those same parameters.

[00:21:46]:
So you’re going to see a lot the approval process just takes time to go this for various firms. And then when the US announces what we’re about to announce it’s going to have a global tidal wave of other countries doing the same thing. We’ll see the same from sovereign wealth funds, hedge funds, investment for the Blackrock’s of course already a big leader there. Everyone’s going to start following their lead. So the demand, the key point being the demand for Bitcoin is not going to lessen. It’s only going to continue to grow. And again once we get to 20 million bitcoin purchase mind I should say and we’re 19.9 something there, we’re almost at 20 million mine now people I think are going to have a wake up call and everyone’s going to go wait, there’s only a million left you mind? Because the buyers, most of the buyers now they’re, they’re not, they’re not buying it to trade it. The serious buyers are buying it to hold it because it’s like, it’s like, it’s like owning prime real estate.

Why would you ever sell it when you could buy a part of a city block that’s in New York City, right Or just you know, in Washington D.C. you would never ever sell prime real estate. Why would you let it grow and leverage against it, borrow against it, invest against it? Okay, that’s what’s happening with Bitcoin. The is being put aside and this remains the best supply demand story not just in my lifetime but over your lifetime, but of anyone’s lifetime. So you want to keep buying it, keep putting it away again as part of a diversified portfolio in case something goofy happens. And you never know, right? It’s like any investments got risk. Bitcoin has tons of risk just like that. They say it can’t be hacked.

Can you promise me that? Can you put it in writing to the point that if I, if it is hacked and I lose everything, that you’ll pay me back? No, no one ever do that. So there are risks with every investment. But I think if you, you know, if you’re aggressive, I’d say putting 10, I don’t know, maybe 20% of your net worth in bitcoin, that’s your call. But you know, of course we love gold as well and we have been selling some gold and buying bitcoin. But I’ve been a big gold bug for a very long time. That’s just a strategy for me that made sense. But anyway, looking for big things for bitcoin. Our year end price target for 2025 is 200,000.

[00:24:00]:
And we’ve just raised our cycle high, which is the two to four year high from 250,000 to 350,000. And frankly like our targets for Tesla, I think that might be on the low side as well. All right folks, that’s it for today. Hey again, always appreciate you listening. Thanks for being with us. Have a great three day weekend again. I’ll be on Charles Payne show Money if you watch. That’d be great.

Watch. We’ll see you back here again first thing Tuesday morning. Have a great weekend everybody. Bye.